Korn Ferry

Korn Ferry (KFY) Q4 2025 Earnings

Reported Jun 18, 2025 at 6:52 AM ET · SEC Source

Q4 25 EPS

$1.32

BEAT +4.72%

Est. $1.26

Q4 25 Revenue

$719.8M

BEAT +4.34%

Est. $689.9M

vs S&P Since Q4 25

-31.2%

TRAILING MARKET

KFY -6.3% vs S&P +24.8%

Full Year 2025 Results

FY 25 EPS

$4.88

BEAT +0.46%

Est. $4.86

FY 25 Revenue

$2.76B

BEAT +1.96%

Est. $2.71B

Market Reaction

Did KFY Beat Earnings? Q4 2025 Results

Korn Ferry delivered a clean beat to close out fiscal 2025, with Q4 adjusted diluted EPS of $1.32 clearing the $1.26 consensus by 4.76% and revenue of $719.83 million topping estimates by 7.97% while rising 2.8% year over year. The quarter's clearest… Read more Korn Ferry delivered a clean beat to close out fiscal 2025, with Q4 adjusted diluted EPS of $1.32 clearing the $1.26 consensus by 4.76% and revenue of $719.83 million topping estimates by 7.97% while rising 2.8% year over year. The quarter's clearest driver was a 14% surge in Executive Search fee revenue to $227.00 million, fueled by higher engagement volumes and stronger weighted-average fees across North America, EMEA, and Asia Pacific, which more than offset a 7% decline in Consulting as the business shifted toward larger, longer-duration engagements that slow near-term revenue conversion. Profitability held up well on an adjusted basis, with Consolidated Adjusted EBITDA margin expanding 70 basis points to 17.0% as disciplined cost management and consultant productivity gains took hold. Looking ahead, management guided Q1 FY'26 fee revenue of $675 million to $695 million, with adjusted diluted EPS of $1.18 to $1.26, contingent on stable macroeconomic and geopolitical conditions, signaling cautious but constructive momentum heading into the new fiscal year.

Key Takeaways

  • Executive Search fee revenue surged 14% YoY driven by higher engagements billed and increased weighted-average fee per engagement
  • Disciplined cost management and strong consultant productivity drove Adjusted EBITDA margin expansion of 70bps in Q4 and 220bps for full year
  • RPO growth driven by new client wins and increased demand from base clients in North America and Asia Pacific
  • Professional Search & Interim benefited from Trilogy acquisition effective November 2024 boosting Interim revenue
24/7 Wall St

KFY YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

KFY Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q4 26

“Even amid the ever-changing global economic and political dynamics, we continue to deliver on our financial and strategic objectives, just as we have over the past several years. Our results reinforce the premise of Korn Ferry's diversification strategy and our continued momentum.”

— Gary D. Burnison, Q4 2025 Earnings Press Release