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Side-by-side financial comparison of Aeries Technology, Inc. (AERT) and FTI CONSULTING, INC (FCN). Click either name above to swap in a different company.

FTI CONSULTING, INC is the larger business by last-quarter revenue ($990.7M vs $17.5M, roughly 56.7× Aeries Technology, Inc.). Aeries Technology, Inc. runs the higher net margin — 6.6% vs 5.5%, a 1.1% gap on every dollar of revenue. On growth, FTI CONSULTING, INC posted the faster year-over-year revenue change (10.7% vs -0.8%). FTI CONSULTING, INC produced more free cash flow last quarter ($351.4M vs $2.1M). Over the past eight quarters, FTI CONSULTING, INC's revenue compounded faster (3.3% CAGR vs -5.9%).

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.

AERT vs FCN — Head-to-Head

Bigger by revenue
FCN
FCN
56.7× larger
FCN
$990.7M
$17.5M
AERT
Growing faster (revenue YoY)
FCN
FCN
+11.5% gap
FCN
10.7%
-0.8%
AERT
Higher net margin
AERT
AERT
1.1% more per $
AERT
6.6%
5.5%
FCN
More free cash flow
FCN
FCN
$349.2M more FCF
FCN
$351.4M
$2.1M
AERT
Faster 2-yr revenue CAGR
FCN
FCN
Annualised
FCN
3.3%
-5.9%
AERT

Income Statement — Q3 2026 vs Q4 2025

Metric
AERT
AERT
FCN
FCN
Revenue
$17.5M
$990.7M
Net Profit
$1.2M
$54.5M
Gross Margin
19.1%
31.1%
Operating Margin
4.4%
9.4%
Net Margin
6.6%
5.5%
Revenue YoY
-0.8%
10.7%
Net Profit YoY
-56.7%
9.7%
EPS (diluted)
$0.02
$1.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AERT
AERT
FCN
FCN
Q4 25
$17.5M
$990.7M
Q3 25
$17.4M
$956.2M
Q2 25
$15.3M
$943.7M
Q1 25
$19.1M
$898.3M
Q4 24
$17.6M
$894.9M
Q3 24
$16.9M
$926.0M
Q2 24
$16.7M
$949.2M
Q1 24
$19.7M
$928.6M
Net Profit
AERT
AERT
FCN
FCN
Q4 25
$1.2M
$54.5M
Q3 25
$369.0K
$82.8M
Q2 25
$1.6M
$71.7M
Q1 25
$-6.0M
$61.8M
Q4 24
$2.7M
$49.7M
Q3 24
$-2.3M
$66.5M
Q2 24
$-14.7M
$83.9M
Q1 24
$32.1M
$80.0M
Gross Margin
AERT
AERT
FCN
FCN
Q4 25
19.1%
31.1%
Q3 25
28.9%
33.3%
Q2 25
24.6%
32.1%
Q1 25
26.7%
32.2%
Q4 24
23.0%
30.2%
Q3 24
21.2%
32.2%
Q2 24
24.1%
32.8%
Q1 24
32.1%
32.6%
Operating Margin
AERT
AERT
FCN
FCN
Q4 25
4.4%
9.4%
Q3 25
11.4%
12.3%
Q2 25
5.3%
10.5%
Q1 25
-16.3%
8.8%
Q4 24
-29.3%
5.9%
Q3 24
-24.3%
9.8%
Q2 24
-98.5%
11.0%
Q1 24
-0.0%
10.7%
Net Margin
AERT
AERT
FCN
FCN
Q4 25
6.6%
5.5%
Q3 25
2.1%
8.7%
Q2 25
10.3%
7.6%
Q1 25
-31.6%
6.9%
Q4 24
15.2%
5.6%
Q3 24
-13.5%
7.2%
Q2 24
-87.9%
8.8%
Q1 24
163.1%
8.6%
EPS (diluted)
AERT
AERT
FCN
FCN
Q4 25
$0.02
$1.77
Q3 25
$0.01
$2.60
Q2 25
$0.03
$2.13
Q1 25
$-0.10
$1.74
Q4 24
$0.08
$1.39
Q3 24
$-0.05
$1.85
Q2 24
$-0.39
$2.34
Q1 24
$2.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AERT
AERT
FCN
FCN
Cash + ST InvestmentsLiquidity on hand
$2.6M
$265.1M
Total DebtLower is stronger
$943.0K
Stockholders' EquityBook value
$-1.2M
$1.7B
Total Assets
$42.0M
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AERT
AERT
FCN
FCN
Q4 25
$2.6M
$265.1M
Q3 25
$1.9M
$146.0M
Q2 25
$2.1M
$152.8M
Q1 25
$2.8M
$151.1M
Q4 24
$2.4M
$660.5M
Q3 24
$3.6M
$386.3M
Q2 24
$4.2M
$226.4M
Q1 24
$2.1M
$244.0M
Total Debt
AERT
AERT
FCN
FCN
Q4 25
$943.0K
Q3 25
$960.0K
Q2 25
$1.1M
Q1 25
$1.1M
Q4 24
$1.5M
$0
Q3 24
$1.5M
Q2 24
$1.7M
$60.0M
Q1 24
$1.5M
$205.0M
Stockholders' Equity
AERT
AERT
FCN
FCN
Q4 25
$-1.2M
$1.7B
Q3 25
$-2.9M
$1.7B
Q2 25
$-4.3M
$1.9B
Q1 25
$-5.8M
$2.1B
Q4 24
$692.0K
$2.3B
Q3 24
$-2.3M
$2.3B
Q2 24
$-231.0K
$2.1B
Q1 24
$-12.2M
$2.1B
Total Assets
AERT
AERT
FCN
FCN
Q4 25
$42.0M
$3.5B
Q3 25
$40.5M
$3.5B
Q2 25
$38.8M
$3.5B
Q1 25
$39.8M
$3.3B
Q4 24
$50.7M
$3.6B
Q3 24
$52.0M
$3.5B
Q2 24
$51.8M
$3.4B
Q1 24
$49.4M
$3.3B
Debt / Equity
AERT
AERT
FCN
FCN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.17×
0.00×
Q3 24
Q2 24
0.03×
Q1 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AERT
AERT
FCN
FCN
Operating Cash FlowLast quarter
$2.4M
$359.8M
Free Cash FlowOCF − Capex
$2.1M
$351.4M
FCF MarginFCF / Revenue
12.2%
35.5%
Capex IntensityCapex / Revenue
1.3%
0.8%
Cash ConversionOCF / Net Profit
2.05×
6.60×
TTM Free Cash FlowTrailing 4 quarters
$4.6M
$93.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AERT
AERT
FCN
FCN
Q4 25
$2.4M
$359.8M
Q3 25
$1.0M
$201.9M
Q2 25
$1.4M
$55.7M
Q1 25
$864.0K
$-465.2M
Q4 24
$-2.1M
$315.3M
Q3 24
$1.9M
$219.4M
Q2 24
$-1.7M
$135.2M
Q1 24
$-3.0M
$-274.8M
Free Cash Flow
AERT
AERT
FCN
FCN
Q4 25
$2.1M
$351.4M
Q3 25
$653.0K
$187.0M
Q2 25
$1.1M
$38.3M
Q1 25
$752.0K
$-483.0M
Q4 24
$-2.5M
$301.6M
Q3 24
$1.3M
$212.3M
Q2 24
$-2.1M
$125.2M
Q1 24
$-3.5M
$-279.5M
FCF Margin
AERT
AERT
FCN
FCN
Q4 25
12.2%
35.5%
Q3 25
3.8%
19.6%
Q2 25
7.2%
4.1%
Q1 25
3.9%
-53.8%
Q4 24
-14.0%
33.7%
Q3 24
7.8%
22.9%
Q2 24
-12.5%
13.2%
Q1 24
-17.6%
-30.1%
Capex Intensity
AERT
AERT
FCN
FCN
Q4 25
1.3%
0.8%
Q3 25
2.1%
1.6%
Q2 25
1.7%
1.8%
Q1 25
0.6%
2.0%
Q4 24
2.2%
1.5%
Q3 24
3.6%
0.8%
Q2 24
2.2%
1.1%
Q1 24
2.3%
0.5%
Cash Conversion
AERT
AERT
FCN
FCN
Q4 25
2.05×
6.60×
Q3 25
2.78×
2.44×
Q2 25
0.87×
0.78×
Q1 25
-7.52×
Q4 24
-0.78×
6.34×
Q3 24
3.30×
Q2 24
1.61×
Q1 24
-0.09×
-3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AERT
AERT

Segment breakdown not available.

FCN
FCN

Corporate Finance Segment$423.2M43%
Forensic And Litigation Consulting$192.9M19%
Economic Consulting$176.2M18%
Strategic Communications$99.4M10%
Other$99.0M10%

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