FTI Consulting Reports Record Q3 2025 Results

By Ahmed Jameison • Sunday, October 26 15:22 • Permanent Link

FTI Consulting, Inc. has reported record financial results for the third quarter of 2025, with revenues reaching $956.2 million, marking a 3% increase compared to the same period in the prior year. The company's earnings per share (EPS) also saw a significant surge, reaching $2.60, reflecting a 41% increase from the prior year quarter.

The company's net income for the third quarter of 2025 amounted to $82.8 million, up from $66.5 million in the prior year quarter. Adjusted EBITDA stood at $130.6 million, representing 13.7% of revenues, compared to $102.9 million, or 11.1% of revenues, in the prior year quarter.

In terms of segment results, the Corporate Finance & Restructuring segment saw a substantial increase in revenues, reaching $404.9 million, up 18.6% from the prior year quarter. The Forensic and Litigation Consulting segment also experienced a notable revenue increase of 15.4%, reaching $194.7 million. However, the Economic Consulting and Technology segments faced revenue declines of 22.0% and 14.8% respectively.

Looking at the company's cash position and capital allocation, net cash provided by operating activities for the quarter ended September 30, 2025, decreased to $201.9 million from $219.4 million for the same period in the prior year. Additionally, the company repurchased 1,425,644 shares of its common stock at an average price per share of $164.18, totaling $234.1 million. As of September 30, 2025, the company had cash and cash equivalents of $146.0 million, down from $386.3 million in the prior year.

FTI Consulting updated its full-year 2025 guidance, now estimating revenues to range between $3.685 billion and $3.735 billion, and EPS to range between $7.62 and $8.12. This is an increase from the previous estimates, which projected revenues between $3.660 billion and $3.760 billion, and EPS between $7.24 and $7.84.

FTI Consulting's CEO and Chairman, Steven H. Gunby, expressed satisfaction with the results, emphasizing the strength of the team and the company's commitment to supporting clients through their challenges.

The market has reacted to these announcements by moving the company's shares -1.34% to a price of $153.70. Check out the company's full 8-K submission here.

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