Korn Ferry

Korn Ferry delivered a clean beat across the board in Q3 FY2026, posting adjusted diluted EPS of $1.28 against a consensus of $1.24, a 3.60% beat, while revenue of $725.04 million topped estimates by 4.30% and grew 7.2% year-over-year. The standout driver was Executive Search, where fee revenue climbed 13% to $231.95 million as the firm billed more engagements at higher average fees across every geographic region, providing the clearest evidence that demand for senior talent advisory remains resilient. Net income rose 12% to $65.27 million, and Consolidated Adjusted EBITDA expanded 8% to $123.07 million. A forward-looking signal worth noting: estimated remaining fees under existing contracts reached $1.85 billion, up 11% year-over-year, suggesting the revenue pipeline is broadening even as the firm absorbs depreciation charges tied to its Digital platform transition. Management guided Q4 fee revenue of $730 million to $750 million with diluted EPS of $1.34 to $1.40, though the outlook carries the standard caveat of stable macroeconomic and geopolitical conditions. The stock slipped modestly following the announcement, a reaction that appeared tied more to the cautious forward guidance than to the underlying quarterly performance.