FTI CONSULTING, INC

Listed Company

FCNCIK 0000887936NYSELarge AcceleratedServices-Management Consulting ServicesMarylandFY ends Dec 31

Period

FY 2025

Revenue

$3.79B

Net Income

$270.87M

Total Assets

$3.49B

Equity

$1.73B

Shares Out

30.14M

Op. Cash Flow

$152.13M

FCN$162.55−2.19% · past yearDBEQ Basic

Daily closing prices

Business

FTI Consulting is a global expert services firm providing crisis, transformation and litigation advisory to corporations, law firms, private equity, governments and financial institutions. The company operates five segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. Services span transactions, restructuring, dispute resolution, investigations, antitrust economics, blockchain, and corporate communications. FTI maintains offices across the Americas, Asia Pacific and EMEA.

Summary from 10-K filed 2026-02-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	3,789	3,699	3,489	3,029	2,776
Direct cost of revenues	2,571	2,517	2,354	2,066	1,916
Selling, general and administrative expenses	800	822	751	641	538
Special charges	25	8	0	8	0
Amortization of intangible assets	4	4	6	10	11
Costs and expenses	3,400	3,351	3,112	2,725	2,464
Operating income	389	347	378	304	312
Interest income and other	3	10	−5	4	6
Interest expense	−21	−7	−14	−10	—
Other income (expense)	−18	3	−19	−6	−14
Total	371	351	358	298	298
Income tax provision	100	71	83	62	63
Net income	271	280	275	236	235
Earnings per common share basic (in dollars per share)	8.33	7.96	8.1	6.99	7.02
Earnings per common share diluted (in dollars per share)	8.24	7.81	7.71	6.58	6.65
Foreign currency translation adjustments, net of tax expense of $, $ and $	47	−26	26	−48	−22
Total other comprehensive income (loss), net of tax	47	−26	26	−48	−22
Comprehensive income	318	254	301	188	213

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	265	660	303	492	494
Accounts receivable, net	1,038	1,020	1,102	896	754
Current portion of notes receivable	88	45	31	27	30
Prepaid expenses and other current assets	127	94	119	95	91
Total current assets	1,518	1,820	1,555	1,511	1,370
Property and equipment, net	169	150	160	153	142
Operating lease assets	201	198	209	204	216
Goodwill	1,243	1,227	1,235	1,228	1,233
Intangible assets, net	14	17	18	26	32
Notes receivable, net	251	109	75	56	54
Other assets	95	76	74	64	54
Total assets	3,491	3,597	3,326	3,241	3,101
Accounts payable, accrued expenses and other	206	224	224	174	165
Accrued compensation	712	640	601	542	508
Billings in excess of services provided	57	68	68	54	46
Total current liabilities	975	932	893	769	718
Long-term debt	365	0	0	315	297
Noncurrent operating lease liabilities	225	208	224	222	236
Deferred income taxes	100	112	141	162	171
Other liabilities	92	87	87	91	96
Total liabilities	1,757	1,339	1,344	1,560	1,518
Commitments and contingencies (Note 15)	—	—	—	—	—
Preferred stock, $0.01 par value; shares authorized 5,000; none outstanding	0	0	0	0	0
Common stock, $0.01 par value; shares authorized 75,000; shares issued and outstanding 30,864 (2025) and 35,913 (2024)	309,000	359,000	355,000	340,000	343,000
Additional paid-in capital	354,000	40	17	0	14
Retained earnings	1,863	2,395	2,115	1,858	1,698
Accumulated other comprehensive loss	−130	−177	−150	−177	−129
Total stockholders equity	1,734	2,258	1,981	1,682	1,583
Total liabilities and stockholders equity	3,491	3,597	3,326	3,241	3,101

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation of property and equipment	46	44	41	36	34
Amortization of notes receivable	74	52	28	31	—
Provision for expected credit losses	43	50	35	20	16
Share-based compensation	39	38	30	25	23
Deferred income taxes	24	−17	−25	−10	5
Other	1	303,000	6	—	—
Accounts receivable, billed and unbilled	−34	18	−229	−183	−61
Notes receivable, net of repayments	−255	−100	−51	−31	13
Prepaid expenses and other assets	−16	−3	8	459,000	−1
Accounts payable, accrued expenses and other	7	13	9	8	−2
Income taxes	−68	−29	29	−4	11
Accrued compensation	30	44	50	38	60
Billings in excess of services provided	−12	271,000	14	9	2
Net cash provided by operating activities	152	395	224	189	355
Purchases of property and equipment and other	−59	−35	−49	−53	−69
Purchase and maturity of short-term investment	0	25	−24	0	—
Net cash used in investing activities	−59	−10	−74	−60	−79
Borrowings under revolving line of credit	1,280	600	835	165	403
Repayments under revolving line of credit	−915	−600	−835	−165	−403
Repayment of convertible notes	0	0	−316	0	0
Purchase and retirement of common stock	−859	−10	−21	−85	−46
Share-based compensation tax withholdings	−19	−19	−16	−18	−9
Proceeds on stock option exercises	1	11	1	3	—
Deposits and other	358,000	3	−3	−1	1
Net cash used in financing activities	−510	−15	−355	−106	−62
Effect of exchange rate changes on cash and cash equivalents	21	−12	16	−26	−15
Net increase (decrease) in cash and cash equivalents	−395	357	−188	−3	200
Cash paid for interest	20	6	14	8	9
Cash paid for income taxes and tax credits, net of refunds	144	117	80	77	48
Issuance of stock units under incentive compensation plans	2	3	2	—	—
Excise tax on purchase and retirement of common stock	8	0	0	—	—
Non-cash additions to property and equipment	4	3	950,000	4	7

Filings

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Frequently asked questions

What is FTI CONSULTING, INC's CIK number?

FTI CONSULTING, INC's SEC CIK number is 0000887936 (887936). 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 FTI CONSULTING, INC's SEC filings?

All of FTI CONSULTING, INC'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 FTI CONSULTING, INC last report earnings?

FTI CONSULTING, INC (FCN) most recently filed an earnings 8-K with the SEC on May 1, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-201565). This is FTI CONSULTING, INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is FTI CONSULTING, INC's most recent earnings 8-K?

FTI CONSULTING, INC's latest earnings 8-K (Item 2.02) was filed May 1, 2026 under accession 0001193125-26-201565. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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