Korn Ferry Reports 7% Revenue Growth to $717.4 Million in Q3 Fiscal 2026

Korn Ferry reported a strong financial performance for the third quarter of fiscal 2026, with fee revenue reaching $717.4 million, a 7% increase from $668.7 million in the same period last year. The company's net income attributable to Korn Ferry rose by 12% to $65.3 million, resulting in a net income margin of 9.1%. Adjusted EBITDA also saw an 8% increase, totaling $123.1 million, with a margin of 17.2%. The growth in revenue was attributed to increases across all solution areas, particularly in Executive Search North America and Professional Search & Interim.

In comparison to the previous fiscal period, Korn Ferry's financials showed notable improvements. For the nine months ended January 31, 2026, total revenue was $2.15 billion, up 6% from $2.02 billion in the prior year. The increase in fee revenue was driven by higher contributions from Professional Search & Interim, Executive Search North America, and Consulting. The company also reported a decrease in general and administrative expenses by $9.8 million, primarily due to a gain from the modification of an office lease.

Strategically, Korn Ferry has expanded its capabilities through the acquisition of Trilogy International, which has enhanced its Professional Search & Interim segment. The company continues to focus on integrating its digital offerings, which have shown a 1% increase in fee revenue to $274.2 million, driven by a rise in subscription and license fees. Korn Ferry's operational metrics indicate a solid performance, with a weighted-average fee increase and a rise in the number of engagements billed across various segments.

As of January 31, 2026, Korn Ferry's total assets amounted to $3.95 billion, with stockholders' equity at $2.01 billion. The company maintained a strong liquidity position, with cash and cash equivalents of $938.4 million. Korn Ferry's employee headcount remained stable, reflecting its commitment to maintaining a skilled workforce to support its growth initiatives. The company also announced a quarterly dividend increase to $0.55 per share, demonstrating its ongoing commitment to returning value to shareholders.

Looking ahead, Korn Ferry remains optimistic about its growth trajectory, citing favorable market conditions and a strong demand for its consulting and talent acquisition services. The company anticipates continued revenue growth driven by its strategic initiatives and the expansion of its service offerings. However, it acknowledges potential risks related to economic fluctuations and market conditions that could impact its performance.