Quarterly ResultApr 30, 2026, 07:32 AM
FCN Q1 Revenue +9.5% to $983.3M; EPS $1.90; Reaffirms FY26 Guidance
AI Summary
FTI Consulting reported Q1 2026 revenues of $983.3 million, a 9.5% increase year-over-year, with EPS rising 9.2% to $1.90. Despite strong revenue growth, net income and Adjusted EBITDA decreased due to higher direct costs, SG&A expenses, interest expense, and a higher effective tax rate. The company reaffirmed its full-year 2026 revenue and EPS guidance and repurchased $126.8 million of its common stock.
Key Highlights
- Q1 2026 revenues increased 9.5% to $983.3 million.
- Q1 2026 EPS rose 9.2% to $1.90.
- Net income decreased to $57.6 million from $61.8 million in the prior year quarter.
- Repurchased 787,098 shares for $126.8 million; $364.9 million remains available.
- Corporate Finance segment revenues grew 19.2% to $409.5 million.
- Economic Consulting segment revenues decreased 2.3% to $175.6 million, with an Adjusted Segment EBITDA loss of $5.9 million.
- Reaffirmed full-year 2026 revenue guidance of $3.940 billion to $4.100 billion and EPS guidance of $8.90 to $9.60.