FTI CONSULTING, INCFCNEarnings & Financial Report
FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.
FCN Q4 2025 Key Financial Metrics
Revenue
$990.7M
Gross Profit
$307.7M
Operating Profit
$93.4M
Net Profit
$54.5M
Gross Margin
31.1%
Operating Margin
9.4%
Net Margin
5.5%
YoY Growth
10.7%
EPS
$1.77
Financial Flow
FTI CONSULTING, INC Q4 2025 Financial Summary
FTI CONSULTING, INC reported revenue of $990.7M (up 10.7% YoY) for Q4 2025, with a net profit of $54.5M (up 9.7% YoY) (5.5% margin). Cost of goods sold was $683.1M, operating expenses totaled $214.2M.
Key Financial Metrics
| Total Revenue | $990.7M |
|---|---|
| Net Profit | $54.5M |
| Gross Margin | 31.1% |
| Operating Margin | 9.4% |
| Report Period | Q4 2025 |
Revenue Breakdown
FTI CONSULTING, INC Q4 2025 revenue of $990.7M breaks down across 5 segments, led by Corporate Finance Segment at $423.2M (42.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Corporate Finance Segment | $423.2M | 42.7% |
| Forensic And Litigation Consulting | $192.9M | 19.5% |
| Economic Consulting | $176.2M | 17.8% |
| Strategic Communications | $99.4M | 10.0% |
| Other | $99.0M | 10.0% |
FTI CONSULTING, INC Revenue by Segment — Quarterly Trend
FTI CONSULTING, INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Corporate Finance Segment and Forensic And Litigation Consulting) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Corporate Finance Segment | $423.2M | $404.9M | $379.2M | $343.6M |
| Forensic And Litigation Consulting | $192.9M | $194.7M | $186.5M | $190.6M |
| Economic Consulting | $176.2M | $173.1M | $191.7M | $179.9M |
| Strategic Communications | $99.4M | $89.4M | $102.7M | $87.0M |
| Other | $99.0M | — | — | — |
FTI CONSULTING, INC Annual Revenue by Year
FTI CONSULTING, INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.8B). Click any linked year to see what changed vs the prior annual report.
FTI CONSULTING, INC Quarterly Revenue & Net Profit History
FTI CONSULTING, INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $990.7M | +10.7% | $54.5M | 5.5% |
| Q3 2025 | $956.2M | +3.3% | $82.8M | 8.7% |
| Q2 2025 | $943.7M | -0.6% | $71.7M | 7.6% |
| Q1 2025 | $898.3M | -3.3% | $61.8M | 6.9% |
| Q4 2024 | $894.9M | -3.2% | $49.7M | 5.6% |
| Q3 2024 | $926.0M | +3.7% | $66.5M | 7.2% |
| Q2 2024 | $949.2M | +9.8% | $83.9M | 8.8% |
| Q1 2024 | $928.6M | +15.1% | $80.0M | 8.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $928.6M | $949.2M | $926.0M | $894.9M | $898.3M | $943.7M | $956.2M | $990.7M |
| YoY Growth | 15.1% | 9.8% | 3.7% | -3.2% | -3.3% | -0.6% | 3.3% | 10.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.32B | $3.36B | $3.52B | $3.60B | $3.35B | $3.49B | $3.49B | $3.49B |
| Liabilities | $1.27B | $1.21B | $1.26B | $1.34B | $1.20B | $1.59B | $1.74B | $1.76B |
| Equity | $2.05B | $2.15B | $2.25B | $2.26B | $2.15B | $1.90B | $1.75B | $1.73B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-274.8M | $135.2M | $219.4M | $315.3M | $-465.2M | $55.7M | $201.9M | $359.8M |