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

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $990.7M, roughly 1.3× FTI CONSULTING, INC). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 5.5%, a 11.0% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs 10.7%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $351.4M).

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 vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.3× larger
Q
$1.3B
$990.7M
FCN
Growing faster (revenue YoY)
Q
Q
+0.4% gap
Q
11.1%
10.7%
FCN
Higher net margin
Q
Q
11.0% more per $
Q
16.5%
5.5%
FCN
More free cash flow
Q
Q
$216.6M more FCF
Q
$568.0M
$351.4M
FCN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FCN
FCN
Q
Q
Revenue
$990.7M
$1.3B
Net Profit
$54.5M
$211.0M
Gross Margin
31.1%
45.1%
Operating Margin
9.4%
21.3%
Net Margin
5.5%
16.5%
Revenue YoY
10.7%
11.1%
Net Profit YoY
9.7%
6.0%
EPS (diluted)
$1.77
$1.01

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
FCN
FCN
Q
Q
Q4 25
$990.7M
Q3 25
$956.2M
$1.3B
Q2 25
$943.7M
Q1 25
$898.3M
Q4 24
$894.9M
Q3 24
$926.0M
$1.1B
Q2 24
$949.2M
Q1 24
$928.6M
Net Profit
FCN
FCN
Q
Q
Q4 25
$54.5M
Q3 25
$82.8M
$211.0M
Q2 25
$71.7M
Q1 25
$61.8M
Q4 24
$49.7M
Q3 24
$66.5M
$199.0M
Q2 24
$83.9M
Q1 24
$80.0M
Gross Margin
FCN
FCN
Q
Q
Q4 25
31.1%
Q3 25
33.3%
45.1%
Q2 25
32.1%
Q1 25
32.2%
Q4 24
30.2%
Q3 24
32.2%
47.0%
Q2 24
32.8%
Q1 24
32.6%
Operating Margin
FCN
FCN
Q
Q
Q4 25
9.4%
Q3 25
12.3%
21.3%
Q2 25
10.5%
Q1 25
8.8%
Q4 24
5.9%
Q3 24
9.8%
21.8%
Q2 24
11.0%
Q1 24
10.7%
Net Margin
FCN
FCN
Q
Q
Q4 25
5.5%
Q3 25
8.7%
16.5%
Q2 25
7.6%
Q1 25
6.9%
Q4 24
5.6%
Q3 24
7.2%
17.3%
Q2 24
8.8%
Q1 24
8.6%
EPS (diluted)
FCN
FCN
Q
Q
Q4 25
$1.77
Q3 25
$2.60
$1.01
Q2 25
$2.13
Q1 25
$1.74
Q4 24
$1.39
Q3 24
$1.85
$0.95
Q2 24
$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
FCN
FCN
Q
Q
Cash + ST InvestmentsLiquidity on hand
$265.1M
$128.0M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.7B
$9.1B
Total Assets
$3.5B
$12.5B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCN
FCN
Q
Q
Q4 25
$265.1M
Q3 25
$146.0M
$128.0M
Q2 25
$152.8M
Q1 25
$151.1M
Q4 24
$660.5M
Q3 24
$386.3M
Q2 24
$226.4M
Q1 24
$244.0M
Total Debt
FCN
FCN
Q
Q
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
$60.0M
Q1 24
$205.0M
Stockholders' Equity
FCN
FCN
Q
Q
Q4 25
$1.7B
Q3 25
$1.7B
$9.1B
Q2 25
$1.9B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
$11.1B
Q2 24
$2.1B
Q1 24
$2.1B
Total Assets
FCN
FCN
Q
Q
Q4 25
$3.5B
Q3 25
$3.5B
$12.5B
Q2 25
$3.5B
Q1 25
$3.3B
Q4 24
$3.6B
Q3 24
$3.5B
Q2 24
$3.4B
Q1 24
$3.3B
Debt / Equity
FCN
FCN
Q
Q
Q4 25
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
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
FCN
FCN
Q
Q
Operating Cash FlowLast quarter
$359.8M
$782.0M
Free Cash FlowOCF − Capex
$351.4M
$568.0M
FCF MarginFCF / Revenue
35.5%
44.5%
Capex IntensityCapex / Revenue
0.8%
16.8%
Cash ConversionOCF / Net Profit
6.60×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$93.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCN
FCN
Q
Q
Q4 25
$359.8M
Q3 25
$201.9M
$782.0M
Q2 25
$55.7M
Q1 25
$-465.2M
Q4 24
$315.3M
Q3 24
$219.4M
Q2 24
$135.2M
Q1 24
$-274.8M
Free Cash Flow
FCN
FCN
Q
Q
Q4 25
$351.4M
Q3 25
$187.0M
$568.0M
Q2 25
$38.3M
Q1 25
$-483.0M
Q4 24
$301.6M
Q3 24
$212.3M
Q2 24
$125.2M
Q1 24
$-279.5M
FCF Margin
FCN
FCN
Q
Q
Q4 25
35.5%
Q3 25
19.6%
44.5%
Q2 25
4.1%
Q1 25
-53.8%
Q4 24
33.7%
Q3 24
22.9%
Q2 24
13.2%
Q1 24
-30.1%
Capex Intensity
FCN
FCN
Q
Q
Q4 25
0.8%
Q3 25
1.6%
16.8%
Q2 25
1.8%
Q1 25
2.0%
Q4 24
1.5%
Q3 24
0.8%
Q2 24
1.1%
Q1 24
0.5%
Cash Conversion
FCN
FCN
Q
Q
Q4 25
6.60×
Q3 25
2.44×
3.71×
Q2 25
0.78×
Q1 25
-7.52×
Q4 24
6.34×
Q3 24
3.30×
Q2 24
1.61×
Q1 24
-3.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCN
FCN

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

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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