Companies /Industrials

Korn Ferry

NYSE: KFY Staffing & Employment Services
$85.59
▲ $2.00 (+2.39%) today
Markets closed · 8:26pm ET

Q4 2025 Earnings

Reported Jun 18, 2025, 6:52am ET · SEC source
$1.32
Beat +4.72%
EPS · est. $1.26
$719.8M
Beat +4.34%
Revenue · est. $689.9M
−1.7%
Trailing market
KFY vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+4%+8%+12%Jun 18Jun 18report 6:52am ETearnings−0.2%+4.1%
0+4%+8%+12%Jun 18Jun 18earnings−0.2%+4.1%
KFY +4.1%S&P 500 −0.2%
0+4%+8%+12%Jun 18Jun 18report 6:52am ETearnings−0.2%+4.2%
0+4%+8%+12%Jun 18Jun 18earnings−0.2%+4.2%
KFY +4.2%NASDAQ −0.2%
0+4%+8%Jun 17Jun 25report 6:52am ETearnings+1.3%+9.0%
0+4%+8%Jun 17Jun 25earnings+1.3%+9.0%
KFY +9.0%S&P 500 +1.3%
0+4%+8%Jun 17Jun 25report 6:52am ETearnings+1.9%+9.0%
0+4%+8%Jun 17Jun 25earnings+1.9%+9.0%
KFY +9.0%NASDAQ +1.9%
+6.46%
Day of report
−1.00%
Next session
+2.93%
One week
+3.52%
30 days

S&P 500 over the same 30 days: +5.26%.

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 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

“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.”

Korn Ferry CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY'26, assuming stable worldwide geopolitical conditions, economic conditions, financial markets and foreign exchange rates, Korn Ferry expects consolidated fee revenue in the range of $675 million to $695 million, diluted EPS of $1.16 to $1.24, and adjusted diluted EPS of $1.18 to $1.26.

KFY YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$200.0M$400.0M$600.0M$699.9M$719.8MRevenue$87.9M$104.6MOperating Income$65.2M$64.2MNet Income
$0$200.0M$400.0M$600.0MRevenueOperating IncomeNet Income

KFY Revenue by Segment

Consulting$169.4M−7.0%
Executive Search - North America$143.0M+14.0%
Professional Search & Interim$130.7M+1.2%
Recruitment Process Outsourcing (RPO)
Digital$91.6M+0.4%
RPO$93.3M+4.3%
Executive Search - EMEA$53.5M+17.2%
Executive Search - Asia Pacific$23.6M+14.2%

Figures from SEC filings and company reports. Not investment advice.