Korn Ferry Reports Q4 FY'25 Revenue Increase

By Tamara Parker • Wednesday, June 18 15:21 • Permanent Link

Korn Ferry, a global consulting firm, reported its fourth quarter and full-year results for FY'25. The company's fee revenue for Q4 FY'25 was $712.0 million, reflecting a 3% increase year-over-year and a 4% increase at constant currency. However, the full-year fee revenue of $2,730.1 million showed a year-over-year decrease of 1% in both actual and constant currency.

In Q4 FY'25, the company's net income attributable to Korn Ferry was $64.2 million, with a margin of 9.0%, representing a decrease of 40bps compared to the year-ago quarter. For the full year of FY'25, the net income attributable to Korn Ferry was $246.1 million, with a margin of 9.0%, marking an increase of 290bps compared to the year-ago period.

The company also reported adjusted EBITDA of $121.1 million for Q4 FY'25, with a margin of 17.0%, signifying an increase of 70bps compared to the year-ago quarter. Similarly, the adjusted EBITDA for the full year of FY'25 was $463.9 million, with a margin of 17.0%, portraying an increase of 220bps compared to the year-ago period.

The diluted and adjusted diluted earnings per share also showed positive year-over-year changes. In Q4 FY'25, the diluted earnings per share were $1.21 and the adjusted diluted earnings per share were $1.32. For the full year, the diluted earnings per share were $4.60 and the adjusted diluted earnings per share were $4.88.

The company's executive search segment posted Q4 FY'25 fee revenue of $227.0 million, marking a notable increase of 14% year-over-year at actual and 15% at constant currency.

Korn Ferry also emphasized its capital allocation strategy during the year, investing in acquisitions and technology platforms while returning significant amounts to shareholders through share repurchases and dividends.

Looking ahead, assuming steady global conditions, the company anticipates Q1 FY’26 fee revenue to be in the range of $675 million and $695 million.

Following these announcements, the company's shares moved 7.91%, and are now trading at a price of $72.04. If you want to know more, read the company's complete 8-K report here.

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