Korn Ferry (KFY) Q1 2026 Earnings Report

Korn Ferry reported a solid start to fiscal 2026 with consolidated fee revenue up 5% year-over-year to approximately $715.5 million and adjusted EBITDA of about $120.0 million, corresponding to an adjusted EBITDA margin of roughly 17%. GAAP net income was $66.6 million, with basic earnings per share (EPS) of $1.28 and diluted EPS of $1.26. The quarter underscores the company’s strategy of delivering larger, multi-solution engagements across a diversified global footprint, supported by a strong backlog (estimated remaining fees under existing contracts) of $1.67 billion, up 9% YoY, and a robust pipeline of new business (RPO at $99 million). Regional performance was mixed but constructive: Americas declined 2% YoY as consulting and interim demand softened, while EMEA (+19% YoY) and APAC (+12% YoY) posted solid growth across solutions. Management emphasized the accelerating transition toward large-scale, integrated platforms (Talent Suite) and AI-enabled capabilities as core catalysts for future growth, with a market launch targeted for November and a realization of benefits more evident toward the end of calendar 2026.