Quarterly ResultJul 31, 2026, 04:38 PM
FTI Consulting Q2 Revenue $993.5M; Updates EPS Guidance to $8.70-$9.30
AI Summary
FTI Consulting, Inc. reported record second quarter 2026 revenues of $993.5 million, a 5.3% increase year-over-year. However, GAAP EPS decreased to $1.99 from $2.13, and net income fell to $57.8 million, primarily due to higher direct costs, SG&A, and interest expense. The company reaffirmed its full-year revenue guidance but updated its EPS guidance range downwards to $8.70-$9.30, while introducing an Adjusted EPS guidance of $9.10-$9.70. The company also repurchased $390.9 million of its common stock during the quarter.
Key Highlights
- Record Q2 2026 Revenues of $993.5 million, up 5.3% YoY.
- Q2 2026 EPS of $1.99, down from $2.13 in prior year quarter.
- Q2 2026 Adjusted EPS of $2.16, up from $2.13 in prior year quarter.
- Net income decreased to $57.8 million from $71.7 million YoY.
- Adjusted EBITDA was $104.5 million, or 10.5% of revenues, down from $111.6 million.
- Net cash provided by operating activities increased to $152.3 million from $55.7 million YoY.
- Repurchased 2,591,133 shares for $390.9 million in Q2 2026.
- Updated full-year 2026 EPS guidance to $8.70-$9.30 (previously $8.90-$9.60).
Price Impact
More from FCN