KORN FERRY
Business
Korn Ferry is a global consulting firm that advises organizations on talent strategy, leadership, workforce capability, organizational structure and rewards. The company provides integrated consulting, executive search, professional search and interim staffing, recruitment process outsourcing (RPO), and digital talent-intelligence platforms powered by proprietary data, assessments and behavioral science. Services span five solution areas—Consulting, Digital, Executive Search, Professional Search & Interim, and RPO—delivered through advisory engagements, embedded technology solutions and subscription-based offerings to enterprise clients across North America, EMEA, APAC and Latin America.
Summary from 10-K filed 2026-06-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 |
|---|---|---|---|---|---|---|
| Total revenue | 2,939 | 2,761 | 2,796 | 2,864 | 2,643 | |
| Compensation and benefits | 1,867 | 1,758 | 1,844 | 1,901 | 1,741 | |
| General and administrative expenses | 248 | 258 | 259 | 268 | 237 | |
| Depreciation and amortization | 99 | 80 | 78 | 68 | 64 | |
| Restructuring charges, net | 0 | 2 | 69 | 43 | 0 | |
| Total operating expenses | 2,564 | 2,415 | 2,583 | 2,547 | 2,173 | |
| Operating income | 375 | 346 | 213 | 316 | 470 | |
| Other income, net | 34 | 19 | 31 | 5 | −12 | |
| Interest expense, net | −20 | −20 | −21 | −26 | −25 | |
| Income before provision for income taxes | 388 | 345 | 223 | 296 | 433 | |
| Income tax provision | 108 | 94 | 50 | 83 | 102 | |
| Net income | 281 | 251 | 173 | 213 | 331 | |
| Net income attributable to noncontrolling interest | −3 | −5 | −3 | −4 | −4 | |
| Net income attributable to Korn Ferry | 277 | 246 | 169 | 210 | 326 | |
| Basic (in dollars per share) | 5.33 | 4.69 | 3.25 | 3.98 | 6.04 | |
| Diluted (in dollars per share) | 5.22 | 4.6 | 3.23 | 3.95 | 5.98 | |
| Basic (in shares) | 51 | 52 | 51 | 51 | 53 | |
| Diluted (in shares) | 53 | 53 | 51 | 52 | 53 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,095 | 1,007 | 941 | — | 978 | |
| Marketable securities | 39 | 36 | 43 | 45 | 57 | |
| Receivables due from clients, net of allowance for doubtful accounts of $42,527 and $40,461 at April 30, 2026 and 2025, respectively | 573 | 565 | 541 | 570 | 590 | |
| Income taxes and other receivables | 75 | 38 | 41 | 68 | 32 | |
| Unearned compensation | 64 | 62 | 59 | 63 | 61 | |
| Prepaid expenses and other assets | 58 | 41 | 49 | 49 | 42 | |
| Total current assets | 1,906 | 1,750 | 1,674 | 1,639 | 1,760 | |
| Marketable securities, non-current | 247 | 234 | 212 | 179 | 176 | |
| Property and equipment, net | 192 | 174 | 162 | 162 | 138 | |
| Operating lease right-of-use assets, net | 171 | 153 | 160 | 143 | 168 | |
| Cash surrender value of company-owned life insurance policies, net of loans | 289 | 253 | 219 | 198 | 183 | |
| Deferred income taxes | 113 | 145 | 134 | 102 | 85 | |
| Goodwill | 951 | 949 | 908 | 909 | 726 | |
| Intangible assets, net | 46 | 70 | 89 | 114 | 90 | |
| Unearned compensation, non-current | 119 | 107 | 100 | 104 | 118 | |
| Investments and other assets | 32 | 28 | 21 | 25 | 21 | |
| Total assets | 4,065 | 3,861 | 3,679 | 3,574 | 3,465 | |
| Accounts payable | 50 | 59 | 50 | 53 | 51 | |
| Income taxes payable | 20 | 23 | 24 | 20 | 34 | |
| Compensation and benefits payable | 570 | 530 | 525 | 533 | 548 | |
| Operating lease liability, current | 28 | 39 | 36 | 46 | 49 | |
| Other accrued liabilities | 314 | 305 | 299 | 324 | 302 | |
| Total current liabilities | 982 | 956 | 935 | 976 | 984 | |
| Deferred compensation and other retirement plans | 511 | 478 | 440 | 397 | 357 | |
| Operating lease liability, non-current | 165 | 132 | 144 | 119 | 151 | |
| Long-term debt | 399 | 398 | 397 | 396 | 395 | |
| Deferred tax liabilities | 6 | 6 | 5 | 5 | 3 | |
| Other liabilities | 24 | 20 | 22 | 28 | 24 | |
| Total liabilities | 2,086 | 1,989 | 1,942 | 1,921 | 1,915 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock: $0.01 par value, 150,000 shares authorized, 79,203 and 78,264 shares issued and 50,225 and 51,458 shares outstanding at April 30, 2026 and 2025, respectively | 284 | 364 | 415 | 430 | 502 | |
| Retained earnings | 1,761 | 1,588 | 1,426 | 1,311 | 1,135 | |
| Accumulated other comprehensive loss, net | −73 | −86 | −108 | −93 | −92 | |
| Total Korn Ferry stockholders' equity | 1,973 | 1,866 | 1,733 | 1,648 | 1,544 | |
| Noncontrolling interest | 6 | 6 | 4 | 5 | 5 | |
| Total stockholders' equity | 1,979 | 1,872 | 1,737 | 1,653 | 1,550 | |
| Total liabilities and stockholders' equity | 4,065 | 3,861 | 3,679 | 3,574 | 3,465 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-04-30 | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 |
|---|---|---|---|---|---|---|
| Stock-based compensation expense | 48 | 48 | 40 | 36 | 29 | |
| Provision for doubtful accounts | 16 | 21 | 21 | 22 | 22 | |
| Gain on marketable securities | −32 | −17 | −30 | −3 | 12 | |
| Gain on modification of office lease | −14 | 0 | 0 | — | — | |
| Gain on cash surrender value of life insurance policies | −12 | −12 | −9 | −11 | −6 | |
| Deferred income taxes | 32 | −6 | −32 | −14 | −17 | |
| Impairment of right-of-use assets | 0 | 3 | 2 | 6 | 7 | |
| Impairment of fixed assets | 0 | 509,000 | 2 | 4 | 2 | |
| Deferred compensation | 43 | 41 | 65 | 52 | 27 | |
| Accounts payable and accrued liabilities | 36 | −2 | −55 | −28 | 191 | |
| Receivables due from clients | −24 | −33 | 8 | 33 | −139 | |
| Income taxes and other receivables | −22 | 6 | 14 | −26 | 4 | |
| Prepaid expenses and other assets | −17 | 8 | −239,000 | −6 | −10 | |
| Unearned compensation | −14 | −9 | 8 | 12 | −23 | |
| Income taxes payable | −5 | −5 | 3 | −15 | 13 | |
| Other | −851,000 | −9 | −2 | −1 | −6 | |
| Net cash provided by operating activities | 414 | 364 | 284 | 344 | 502 | |
| Purchase of property and equipment | −90 | −62 | −55 | −70 | −49 | |
| Proceeds from sales/maturities of marketable securities | 53 | 42 | 46 | 66 | 92 | |
| Purchase of marketable securities | −37 | −39 | −46 | −54 | −82 | |
| Premium on company-owned life insurance policies | −28 | −28 | −15 | −15 | −15 | |
| Proceeds from life insurance policies | 3 | 7 | 16 | 4 | 3 | |
| Cash paid for acquisitions, net of cash acquired | 0 | −44 | 0 | −255 | −134 | |
| Dividends received from unconsolidated subsidiaries | 0 | 40,000 | 0 | 150,000 | 255,000 | |
| Net cash used in investing activities | −99 | −125 | −54 | −323 | −184 | |
| Dividends paid to shareholders | −105 | −84 | −54 | −33 | −27 | |
| Repurchases of common stock | −116 | −89 | −53 | −95 | −96 | |
| Payments of tax withholdings on restricted stock | −19 | −17 | −11 | −22 | −19 | |
| Proceeds from issuance of common stock in connection with an employee stock purchase plan | 8 | 8 | 8 | 8 | 7 | |
| Dividends paid to noncontrolling interest | −4 | −3 | −4 | −5 | −1 | |
| Principal payments on finance leases | −2 | −2 | −2 | −2 | −1 | |
| Payments on life insurance policy loans | −653,000 | −4 | −123,000 | −3 | −178,000 | |
| Net cash used in financing activities | −238 | −191 | −116 | −152 | −137 | |
| Effect of exchange rate changes on cash and cash equivalents | 11 | 18 | −17 | −2 | −53 | |
| Net increase in cash and cash equivalents | 88 | 66 | 97 | −134 | 127 | |
| Cash used to pay interest | 25 | 25 | 25 | 25 | 25 | |
| Cash used to pay income taxes, net of refunds | 90 | 107 | 72 | 135 | 108 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is KORN FERRY's CIK number?
KORN FERRY's SEC CIK number is 0000056679 (56679). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find KORN FERRY's SEC filings?
All of KORN FERRY's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did KORN FERRY last report earnings?
KORN FERRY (KFY) most recently filed an earnings 8-K with the SEC on Jun 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000056679-26-000017). This is KORN FERRY's most recent earnings filing of record — not a forecast of its next earnings date.
What is KORN FERRY's most recent earnings 8-K?
KORN FERRY's latest earnings 8-K (Item 2.02) was filed Jun 23, 2026 under accession 0000056679-26-000017. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View KORN FERRY's latest earnings 8-K →
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