FTI Consulting, Inc. has reported its financial results for the second quarter of 2025, revealing a revenue of $943.7 million, a decrease of 0.6% from the prior year quarter's revenue of $949.2 million. The company's earnings per diluted share (EPS) for the second quarter of 2025 stood at $2.13, down from $2.34 in the prior year quarter.
The net income for the second quarter of 2025 was $71.7 million, a decrease from $83.9 million in the prior year quarter. Adjusted EBITDA was reported at $111.6 million, representing 11.8% of revenues, down from $115.9 million, or 12.2% of revenues, in the prior year quarter.
FTI Consulting's cash and cash equivalents at June 30, 2025, were $152.8 million, a decrease from $226.4 million at June 30, 2024. The total debt, net of cash, at June 30, 2025, was $317.2 million compared to $(166.4) million at June 30, 2024.
The company repurchased 2,192,333 shares of its common stock during the quarter, at an average price per share of $161.88, for a total cost of $354.9 million. As of June 30, 2025, approximately $309.3 million remained available for common stock repurchases under the company’s stock repurchase program.
In terms of segment results, the Corporate Finance & Restructuring segment witnessed a 9.0% increase in revenues, reaching $379.2 million, while the Forensic and Litigation Consulting segment reported a 10.0% increase in revenues, reaching $186.5 million. However, the Economic Consulting segment saw a 17.0% decrease in revenues, totaling $191.7 million, and the Technology segment experienced a 27.9% decrease in revenues, amounting to $83.6 million. The Strategic Communications segment recorded a 20.8% increase in revenues, reaching $102.7 million.
FTI Consulting now estimates that revenues for full year 2025 will range between $3.660 billion and $3.760 billion, with an EPS range of $7.24 to $7.84 and an adjusted EPS range of $7.80 to $8.40.
Today the company's shares have moved 0.4% to a price of $174.18. For the full picture, make sure to review FTI CONSULTING, INC's 8-K report.