FTI Consulting, Inc. reported a modest increase in revenue for the fiscal year ended December 31, 2025, achieving $3.79 billion, a 2.4% rise from $3.70 billion in 2024. The growth was primarily driven by the Corporate Finance, Forensic and Litigation Consulting (FLC), and Strategic Communications segments, which offset declines in the Economic Consulting and Technology segments. Net income for the year was $270.9 million, down 3.3% from $280.1 million in the previous year, attributed to higher direct costs, including increased variable compensation and interest expenses.
The company recorded special charges of $25.3 million in 2025, significantly higher than the $8.2 million in 2024, primarily related to targeted headcount reductions across various segments to align workforce levels with current business demand. The Corporate Finance segment saw the most substantial revenue growth, increasing by 11.5% to $1.55 billion, while the Economic Consulting segment experienced a notable decline of 16.5%, with revenues dropping to $720.8 million.
Operationally, FTI Consulting's total employee count decreased by 3.1% to 8,118, with a total of 6,421 billable professionals, reflecting a strategic realignment in response to market conditions. The Corporate Finance segment reported a utilization rate of 60%, up from 58% in 2024, indicating improved efficiency. The company also continued to invest in its share repurchase program, spending approximately $858.7 million to repurchase 5.3 million shares during the year, leaving $491.8 million available under the program as of December 31, 2025.
Looking ahead, FTI Consulting anticipates continued demand for its services, particularly in crisis management and transformation consulting, driven by evolving market conditions and regulatory complexities. The company remains focused on leveraging its expertise across its five segments to navigate challenges and capitalize on growth opportunities. However, it acknowledges potential risks, including economic fluctuations and competitive pressures, which could impact future performance.
About FTI CONSULTING, INC
FTI Consulting is a global business advisory firm providing services in corporate finance, restructuring, litigation, economic analysis, technology, and strategic communications. It helps clients manage risk, navigate complex legal and regulatory environments, resolve disputes, and execute strategic transactions. Serving Fortune 500 companies, law firms, governments, and private equity firms worldwide, it offers expert advice, data analytics, and reputation management across diverse industries.
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