Korn Ferry (KFY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.36	$1.43	+5.1%	—	$764.6M	—
Q4 26	$1.38	$1.4	+1.4%	—	$768.3M	—
Q3 26	$1.24	$1.28	+3.2%	—	$725M	—
Q2 26	$1.31	$1.33	+1.5%	—	$729.8M	—
Q1 26	$1.24	$1.31	+5.6%	—	$715.5M	—
Q4 25	$1.26	$1.32	+4.8%	—	$719.8M	—
Q3 25	$1.13	$1.19	+5.3%	—	$676.5M	—
Q2 25	$1.21	$1.21	0.0%	—	$682M	—
Q1 25	$1.12	$1.2	+7.1%	—	$682.8M	—
Q4 24	$1.12	$1.26	+12.5%	—	$699.9M	—
Q3 24	$0.99	$1.07	+8.1%	—	$676.9M	—
Q2 24	$0.95	$0.97	+2.1%	—	$712.4M	—
Q1 24	$0.91	$0.99	+8.8%	—	$706.3M	—
Q4 23	$1	$1.01	+1.0%	—	$738.1M	—
Q3 23	$0.92	$1.01	+9.8%	—	$686.8M	—
Q2 23	$1.41	$1.43	+1.4%	—	$735.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$5.33	—	—	$2.9B	—
FY25	—	$4.69	—	—	$2.8B	—
FY24	—	$3.25	—	—	$2.8B	—
FY23	—	$3.98	—	—	$2.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$1.6B	$1.8B	$2B	$2B	$1.8B	$2.6B	$2.9B	$2.8B	$2.8B	$2.9B
YoY change	+20.4%	+12.2%	+8.48%	+0.18%	-7.96%	+45.2%	+8.34%	-2.39%	-1.23%	+6.43%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1.6B	1.8B	2B	2B	1.8B	2.6B	2.9B	2.8B	2.8B	2.9B
Cost of revenue	127.6M	126M	123.3M	130.5M	81.9M	131.1M	266.9M	2.2B	316.1M	350.3M
Gross profit	1.5B	1.7B	1.9B	1.8B	1.7B	2.5B	2.6B	618.5M	2.4B	2.6B
Gross margin	92.1%	93.1%	93.8%	93.4%	95.5%	95%	90.7%	22.1%	88.6%	88.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.3B	1.4B	1.7B	1.6B	1.5B	2B	2.2B	259M	2B	2.1B
Operating expenses	1.3B	1.4B	1.7B	1.6B	1.5B	2B	2.2B	259M	2B	2.1B
Operating income	154.9M	208.5M	140.8M	234.6M	186.5M	470.1M	358.9M	281.5M	348.2M	374.7M
Operating margin	9.55%	11.5%	7.13%	11.9%	10.2%	17.8%	12.5%	10.1%	12.6%	12.8%
Non-operating income, net	-24.3M	11.3M	10.4M	-61.4M	6.5M	-11.9M	-37.3M	-37.9M	17.1M	33.7M
Pretax income	116M	206M	134.3M	151M	163.7M	432.9M	295.7M	222.6M	344.9M	388.4M
Income tax	29.1M	70.1M	29.5M	43.9M	48.1M	102.1M	82.7M	50.1M	93.8M	107.6M
Net income	87.2M	135.9M	104.8M	107M	115.6M	330.8M	213.1M	172.6M	251.1M	280.8M
Net margin	5.38%	7.47%	5.31%	5.41%	6.35%	12.5%	7.44%	6.17%	9.09%	9.56%
EBITDA	212.5M	268.5M	197.7M	287M	285.6M	521.7M	432.5M	390.1M	447.5M	507.3M
EPS	1.48	2.39	1.84	1.91	2.11	6.04	3.98	3.25	4.69	5.33
Diluted EPS	1.47	2.35	1.81	1.9	2.09	5.98	3.95	3.23	4.6	5.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	712.4M	676.9M	699.9M	682.8M	682M	676.5M	719.8M	715.5M	729.8M	725M	768.3M	764.6M
Cost of revenue	87M	84M	531.8M	75.4M	72.3M	85.9M	82.6M	84.1M	87.2M	88.3M	90.7M	91.5M
Gross profit	625.5M	592.9M	168.1M	607.4M	609.7M	590.7M	637.2M	631.4M	642.6M	636.8M	677.5M	673.2M
Gross margin	87.8%	87.6%	24%	89%	89.4%	87.3%	88.5%	88.2%	88.1%	87.8%	88.2%	88%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	519.6M	518.9M	64.7M	511.8M	502M	490.6M	512.1M	525.3M	512.3M	522.8M	554.4M	557.6M
Operating expenses	519.6M	518.9M	64.7M	511.8M	502M	490.6M	512.1M	525.3M	512.3M	522.8M	554.4M	557.6M
Operating income	86.3M	54.5M	83.5M	76M	88.1M	79.5M	104.6M	83.4M	98.8M	91M	101.5M	93.4M
Operating margin	12.1%	8.05%	11.9%	11.1%	12.9%	11.8%	14.5%	11.7%	13.5%	12.6%	13.2%	12.2%
Non-operating income, net	-77.4M	19.2M	7.1M	14.5M	4.8M	8M	-10.3M	12.8M	7.1M	7.5M	6.4M	5.1M
Pretax income	2.4M	68.7M	85.9M	86.6M	87.2M	82.1M	88.9M	92.7M	100.1M	92.8M	102.9M	94.1M
Income tax	2.3M	9M	20.3M	22.4M	24.9M	22.8M	23.8M	25.3M	26.6M	26.7M	29.1M	24.6M
Net income	44K	59.7M	65.6M	64.3M	62.3M	59.3M	65.1M	67.4M	73.4M	66.1M	73.8M	69.5M
Net margin	0.01%	8.82%	9.37%	9.41%	9.14%	8.77%	9.05%	9.42%	10.1%	9.12%	9.61%	9.09%
EBITDA	92.1M	97.8M	110.5M	110.1M	113.1M	109.4M	114.8M	118.9M	137.4M	121.5M	129.5M	120.7M
EPS	-0.04	1.14	1.26	1.19	1.16	1.12	1.23	1.28	1.38	1.25	1.42	1.35
Diluted EPS	-0.04	1.13	1.24	1.17	1.14	1.1	1.21	1.26	1.36	1.23	1.39	1.32

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1.8B	3B	2.6B	1.6B	3.6B	3.2B	2.5B	3.1B	3.2B	3.4B	3.9B
Enterprise value	1.7B	2.7B	2.2B	1.5B	3.3B	2.8B	2.1B	2.7B	2.7B	2.9B	3.7B
Shares outstanding	56.2M	55.4M	55.3M	54.3M	52.9M	52.8M	51.5M	51M	51.8M	51.4M	51.4M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	20.9	21.8	24.8	14.6	31.1	9.81	11.6	18	12.7	12.2	13.6
P/S	1.12	1.63	1.32	0.79	1.97	1.23	0.86	1.11	1.16	1.16	1.32
P/B	1.68	2.43	2.09	1.28	2.63	2.09	1.5	1.78	1.71	1.73	1.83
EV/EBITDA	7.82	9.92	11.1	5.11	11.5	5.38	4.96	6.9	6.08	5.67	8.82
EV/Sales	1.02	1.46	1.11	0.74	1.8	1.06	0.75	0.96	0.98	0.98	1.25
Earnings yield	4.79%	4.59%	4.03%	6.83%	3.22%	10.2%	8.62%	5.57%	7.86%	8.22%	7.36%
FCF yield	3.08%	5.98%	8.16%	12.4%	6.13%	13.9%	11.1%	7.38%	9.45%	9.49%	6.51%
PEG	—	—	—	—	—	—	—	—	—	—	2.49

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	92.1%	93.1%	93.8%	93.4%	95.5%	95%	90.7%	22.1%	88.6%	88.1%	88%
Operating margin	9.55%	11.5%	7.13%	11.9%	10.2%	17.8%	12.5%	10.1%	12.6%	12.8%	11.8%
Net margin	5.38%	7.47%	5.31%	5.41%	6.35%	12.5%	7.44%	6.17%	9.09%	9.56%	9.47%
ROE	8.03%	11.1%	8.43%	8.75%	8.44%	21.4%	12.9%	9.93%	13.4%	14.2%	14.5%
ROA	4.23%	5.94%	4.49%	3.9%	3.78%	9.55%	5.96%	4.69%	6.5%	6.91%	6.41%
ROIC	12.5%	14.9%	13.2%	14.8%	12.5%	32.4%	19.5%	16.4%	18.1%	18.9%	15.7%
Return on tangible assets	18.4%	19.1%	10.4%	8.28%	7.15%	18%	14%	10.2%	13.8%	13.6%	15.3%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.84	1.82	2.06	1.98	1.98	1.79	1.68	1.79	1.83	1.94	2.37
Quick ratio	1.84	1.82	2.06	1.98	1.98	1.79	1.68	1.79	1.83	1.94	2.37
Debt / equity	0.24	0.19	0.18	0.51	0.44	0.38	0.34	0.33	0.3	0.3	0.3
Debt / assets	0.12	0.1	0.1	0.23	0.2	0.17	0.16	0.16	0.15	0.15	0.16
Net debt / EBITDA	-0.75	-1.11	-2.08	-0.35	-1.11	-0.84	-0.76	-1.04	-1.06	-1.07	-0.44
Interest coverage	8.94	15.9	8.95	7.8	6.59	18.1	12.4	11.6	17.9	20.4	19.7
Effective tax rate	25.1%	34%	22%	29.1%	29.4%	23.6%	28%	22.5%	27.2%	27.7%	27.4%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	28.9	32.8	35.7	36.4	34.4	50.1	55.6	54.8	53.3	57.1	57.8
EPS (basic)	1.48	2.39	1.84	1.91	2.11	6.04	3.98	3.25	4.69	5.33	5.33
EPS (diluted)	1.47	2.35	1.81	1.9	2.09	5.98	3.95	3.23	4.6	5.22	5.28
Book value per share	19.3	22	22.5	22.5	25.9	29.3	32.1	34	36.2	38.5	39.3
FCF per share	1	3.2	3.84	3.59	4.16	8.56	5.31	4.48	5.83	6.31	6.21
Cash per share	7.39	9.66	11.5	13.5	17.3	19.6	17.3	19.3	20.2	22.1	15
Capex per share	0.89	0.76	0.84	0.76	0.59	0.94	1.37	1.08	1.21	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.09%	2.31%	2.37%	2.1%	1.71%	1.87%	2.46%	1.97%	2.26%	—	—
Capex / operating cash flow	56.8%	29.4%	33.6%	19.1%	12.6%	10.8%	21%	19.2%	17.6%	—	—
Payout ratio	26.7%	16.9%	22.4%	21.3%	19.5%	8.1%	15.5%	31.5%	33.3%	37.3%	39%
Dividend yield	1.28%	0.77%	0.9%	1.46%	0.63%	0.83%	1.33%	1.76%	2.62%	3.06%	3.09%

Yield

3.09%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.55

ex-dividend Jul 6, 2026

Payout ratio

39%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 6, 2026	$0.55
Mar 27, 2026	$0.55
Dec 19, 2025	$0.48
Sep 26, 2025	$0.48
Jul 3, 2025	$0.48
Mar 27, 2025	$0.48

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$712.4M	$676.9M	$699.9M	$682.8M	$682M	$676.5M	$719.8M	$715.5M	$729.8M	$725M	$768.3M	$764.6M
YoY change	-3.16%	-1.45%	-5.18%	-3.33%	-4.28%	-0.05%	+2.84%	+4.8%	+7.02%	+7.17%	+6.73%	+6.86%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	415.2M	535.1M	634.6M	731.2M	914.4M	1B	888.9M	983.7M	1B	1.1B
Receivables	345.3M	385M	404.9M	397.2M	448.7M	590.3M	569.6M	541M	565.3M	573.4M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	843.7M	1B	1.1B	1.2B	1.5B	1.8B	1.6B	1.7B	1.8B	1.9B
Property, plant & equipment	109.6M	119.9M	131.5M	337.8M	305.9M	305.9M	304.6M	322.3M	326.3M	362.5M
Goodwill & intangibles	1.6B	1.6B	1.3B	1.5B	1.4B	1.6B	2B	2B	2B	2B
Total assets	2.1B	2.3B	2.3B	2.7B	3.1B	3.5B	3.6B	3.7B	3.9B	4.1B
Accounts payable	37.5M	35.2M	39.2M	45.7M	45M	50.9M	53.4M	50.1M	58.9M	49.7M
Short-term debt	19.8M	24.9M	—	54.9M	48M	48.6M	45.8M	36.1M	38.6M	28.1M
Total current liabilities	458.6M	558.5M	551M	624.2M	750.1M	984.2M	976.3M	934.5M	955.6M	982M
Long-term debt	236.2M	211.3M	222.9M	574.9M	550.8M	546.7M	515.4M	540.5M	529.5M	563.5M
Total liabilities	975.9M	1.1B	1.1B	1.5B	1.7B	1.9B	1.9B	1.9B	2B	2.1B
Shareholders' equity	1.1B	1.2B	1.2B	1.2B	1.4B	1.5B	1.7B	1.7B	1.9B	2B
Total debt	256M	236.2M	222.9M	629.8M	598.8M	595.3M	561.2M	576.5M	568.1M	591.6M
Net debt	-154.9M	-284.6M	-403.5M	-59.5M	-252M	-382.8M	-282.8M	-364.5M	-438.9M	-503.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	647M	782.5M	983.7M	661.5M	721M	805.4M	1B	708M	786.4M	962.2M	1.1B	816.3M
Receivables	592.2M	589.7M	541M	573M	579.7M	575.7M	565.3M	600.4M	607.3M	626.8M	573.4M	615.3M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1.4B	1.5B	1.7B	1.4B	1.5B	1.6B	1.8B	1.5B	1.6B	1.8B	1.9B	1.6B
Property, plant & equipment	288.4M	331M	322.3M	315.4M	323.2M	310.9M	326.3M	322.8M	308.4M	323.7M	362.5M	363.9M
Goodwill & intangibles	2B	2B	2B	2B	2B	2B	2B	2B	2B	2B	2B	2B
Total assets	3.4B	3.6B	3.7B	3.4B	3.5B	3.6B	3.9B	3.6B	3.7B	3.9B	4.1B	3.8B
Accounts payable	46.4M	46.4M	50.1M	49.6M	44.1M	51.7M	58.9M	55.1M	53M	60M	49.7M	50.3M
Short-term debt	42.8M	36.9M	36.1M	35.9M	38.5M	36.8M	38.6M	36.3M	33M	29.4M	28.1M	30.6M
Total current liabilities	764.1M	842.6M	934.5M	658M	717.8M	817.8M	955.6M	674.4M	749.2M	889.6M	982M	691.2M
Long-term debt	496.9M	547.9M	540.5M	534.4M	539.8M	528.4M	529.5M	524.4M	516.7M	531M	563.5M	562.5M
Total liabilities	1.7B	1.8B	1.9B	1.7B	1.7B	1.9B	2B	1.7B	1.8B	1.9B	2.1B	1.8B
Shareholders' equity	1.7B	1.7B	1.7B	1.8B	1.8B	1.8B	1.9B	1.9B	1.9B	2B	2B	2B
Total debt	539.7M	584.8M	576.5M	570.3M	578.3M	565.2M	568.1M	560.7M	549.7M	560.4M	591.6M	593.1M
Net debt	-81.2M	-152M	-364.5M	-63.1M	-116.6M	-214.1M	-438.9M	-124.2M	-211.9M	-378M	-503.9M	-207.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	87.2M	135.9M	104.8M	107M	115.6M	330.8M	213.1M	172.6M	251.1M	280.8M
Depreciation & amortization	47.3M	48.6M	46.5M	55.3M	61.8M	63.5M	68.3M	78M	80.3M	98.8M
Stock-based compensation	19M	21.5M	23.4M	22.8M	27.2M	29.2M	36.3M	40M	48M	47.7M
Change in working capital	-67M	-48.9M	-2M	47.7M	69.6M	54.8M	42.9M	38.1M	-6.1M	17.7M
Operating cash flow	88.1M	142.7M	138.8M	217M	247M	455.6M	335.6M	287.5M	355.2M	414.2M
Capital expenditure	-50.1M	-42M	-46.7M	-41.5M	-31.1M	-49.4M	-70.4M	-55.1M	-62.5M	—
Investing cash flow	-21.2M	-45.1M	-69.6M	-199.1M	-61.6M	-184.6M	-323.6M	-53.8M	-125.5M	-8.8M
Dividends paid	-23.3M	-23M	-23.5M	-22.8M	-22.5M	-26.8M	-33M	-54.4M	-83.6M	-104.6M
Share repurchases	-28.8M	-33.1M	-37.4M	-92.4M	-30.4M	-96.3M	-95.5M	-53.2M	-88.8M	-115.7M
Financing cash flow	59.2M	-84.1M	-71.9M	36M	-72.6M	-144.4M	-159.8M	-124.7M	-198.6M	-245.9M
Net change in cash	126.2M	13.4M	-2.7M	53.9M	112.8M	126.7M	-147.8M	109M	31M	159.4M
Free cash flow	56.1M	177.1M	212.1M	194.9M	220.3M	452.3M	273.5M	228.8M	301.9M	324.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	44K	59.7M	65.6M	64.3M	62.3M	59.3M	65.1M	67.4M	73.4M	66.1M	73.8M	69.5M
Depreciation & amortization	19.6M	19.5M	19.9M	19.6M	19.7M	20.5M	20.5M	22.7M	31.6M	23M	21.6M	22.2M
Stock-based compensation	11.2M	10.3M	9.7M	10.8M	11.4M	11.3M	14.5M	11M	12.5M	12.2M	12M	12.4M
Change in working capital	88.9M	108M	186.9M	-312.2M	29.9M	128.1M	148M	-318.2M	8.2M	142.9M	184.8M	-330.9M
Operating cash flow	111.1M	175M	266.3M	-210.1M	126.4M	207.5M	231.4M	-237.4M	121.4M	233.5M	296.7M	-247.6M
Capital expenditure	-15.9M	-11.7M	-11.9M	-10.5M	-14.3M	-17.4M	-20.3M	—	—	—	—	—
Investing cash flow	-33.7M	-22.2M	-9.3M	-26.7M	-9.6M	-32M	-12.8M	-9.6M	11M	-10M	-231K	27.4M
Dividends paid	-9.7M	-17.6M	-17.5M	-19.8M	-19.5M	-19.3M	-25.1M	-26.2M	-25.1M	-25M	-28.3M	-30.2M
Share repurchases	-4.4M	-20.6M	-23M	-23.5M	-32.7M	-17.8M	-14.9M	-10.3M	-8.1M	-19.3M	-78.1M	-746K
Financing cash flow	-18M	-40.3M	-41.1M	-60.3M	-55M	-39M	-44.3M	-55.7M	-36.2M	-46.6M	-107.5M	-56.6M
Net change in cash	59.3M	112.5M	215.9M	-297.2M	61.8M	136.5M	174.3M	-302.7M	96.2M	176.9M	189M	-276.8M
Free cash flow	116.7M	152.3M	250M	-237.7M	107.7M	196.4M	235.5M	-260M	100.7M	211.7M	271.9M	-265.6M

Korn Ferry Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement