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Korn Ferry Financials

KFY
Source SEC Filings (10-K/10-Q) Updated Mar 11, 2026 Currency USD FYE April

This page shows Korn Ferry (KFY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 52 / 100
Financial Profile 52/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
50

Korn Ferry has an operating margin of 12.5%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is up from 7.6% the prior year.

Growth
31

Korn Ferry's revenue declined 1.2% year-over-year, from $2.8B to $2.8B. This contraction results in a growth score of 31/100.

Leverage
98

Korn Ferry carries a low D/E ratio of 0.21, meaning only $0.21 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
41

Korn Ferry's current ratio of 2.21 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
52

Korn Ferry has a free cash flow margin of 10.9%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
40

Korn Ferry's ROE of 13.0% shows moderate profitability relative to equity, earning a score of 40/100. This is up from 9.6% the prior year.

Altman Z-Score Safe
3.11

Korn Ferry scores 3.11, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
6/9

Korn Ferry passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.48x

For every $1 of reported earnings, Korn Ferry generates $1.48 in operating cash flow ($364.4M OCF vs $246.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.8B
YoY-1.2%
5Y CAGR+6.9%
10Y CAGR+10.0%

Korn Ferry generated $2.8B in revenue in fiscal year 2025. This represents a decrease of 1.2% from the prior year.

EBITDA
$426.6M
YoY+46.7%
5Y CAGR+13.0%
10Y CAGR+11.7%

Korn Ferry's EBITDA was $426.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.7% from the prior year.

Net Income
$246.1M
YoY+45.5%
5Y CAGR+18.6%
10Y CAGR+10.8%

Korn Ferry reported $246.1M in net income in fiscal year 2025. This represents an increase of 45.5% from the prior year.

EPS (Diluted)
$4.60
YoY+42.4%
5Y CAGR+19.3%
10Y CAGR+10.1%

Korn Ferry earned $4.60 per diluted share (EPS) in fiscal year 2025. This represents an increase of 42.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$301.9M
YoY+31.9%
5Y CAGR+9.1%
10Y CAGR+13.5%

Korn Ferry generated $301.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 31.9% from the prior year.

Cash & Debt
$684.9M
YoY+8.1%
5Y CAGR+4.8%
10Y CAGR+9.5%

Korn Ferry held $684.9M in cash against $397.9M in long-term debt as of fiscal year 2025.

Dividends Per Share
$1.59
YoY+55.9%
5Y CAGR+31.8%
10Y CAGR+31.9%

Korn Ferry paid $1.59 per share in dividends in fiscal year 2025. This represents an increase of 55.9% from the prior year.

Shares Outstanding
52M
YoY+0.2%
5Y CAGR-1.0%
10Y CAGR+0.3%

Korn Ferry had 52M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
12.5%
YoY+4.9pp
5Y CAGR+3.6pp
10Y CAGR+1.8pp

Korn Ferry's operating margin was 12.5% in fiscal year 2025, reflecting core business profitability. This is up 4.9 percentage points from the prior year.

Net Margin
8.9%
YoY+2.9pp
5Y CAGR+3.6pp
10Y CAGR+0.6pp

Korn Ferry's net profit margin was 8.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.9 percentage points from the prior year.

Return on Equity
13.0%
YoY+3.4pp
5Y CAGR+4.4pp
10Y CAGR+2.3pp

Korn Ferry's ROE was 13.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$88.8M
YoY+67.1%
5Y CAGR-0.8%

Korn Ferry spent $88.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 67.1% from the prior year.

Capital Expenditures
$62.5M
YoY+13.3%
5Y CAGR+8.5%
10Y CAGR+11.1%

Korn Ferry invested $62.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 13.3% from the prior year.

KFY Income Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Revenue $717.4M-1.1% $725.0M-0.7% $729.8M+2.0% $715.5M-0.6% $719.8M+6.4% $676.5M-0.8% $682.0M-0.1% $682.8M
Cost of Revenue $7.7M N/A N/A N/A N/A N/A N/A N/A
Gross Profit $709.7M N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $65.9M0.0% $65.9M+31.2% $50.3M-21.3% $63.9M-6.9% $68.6M+5.0% $65.3M+1.2% $64.5M+7.6% $60.0M
Operating Income $91.0M0.0% $91.0M-7.8% $98.8M+18.3% $83.4M-20.2% $104.6M+33.7% $78.2M-10.6% $87.5M+15.0% $76.0M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $26.7M0.0% $26.7M+0.1% $26.6M+5.5% $25.3M+6.1% $23.8M+4.4% $22.8M-8.4% $24.9M+11.4% $22.4M
Net Income $65.3M0.0% $65.3M-9.9% $72.4M+8.6% $66.6M+3.7% $64.2M+10.0% $58.4M-3.9% $60.8M-2.9% $62.6M
EPS (Diluted) $1.230.0% $1.23-9.6% $1.36+7.9% $1.26 N/A $1.10-3.5% $1.14-2.6% $1.17

KFY Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Total Assets $3.9B0.0% $3.9B+6.1% $3.7B+2.5% $3.6B-6.0% $3.9B+5.8% $3.6B+3.5% $3.5B+2.3% $3.4B
Current Assets $1.8B0.0% $1.8B+11.3% $1.6B+7.7% $1.5B-14.8% $1.8B+12.4% $1.6B+5.1% $1.5B+4.7% $1.4B
Cash & Equivalents $938.4M0.0% $938.4M+23.2% $761.6M+11.2% $684.9M-32.0% $1.0B+29.2% $779.3M+12.2% $694.9M+9.7% $633.4M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $626.8M0.0% $626.8M+3.2% $607.3M+1.2% $600.4M+6.2% $565.3M-1.8% $575.7M-0.7% $579.7M+1.2% $573.0M
Goodwill $952.0M0.0% $952.0M+0.4% $948.3M0.0% $948.7M0.0% $948.8M+0.7% $942.1M+3.7% $908.7M0.0% $908.5M
Total Liabilities $1.9B0.0% $1.9B+9.5% $1.8B+2.4% $1.7B-12.9% $2.0B+7.4% $1.9B+6.2% $1.7B+3.3% $1.7B
Current Liabilities $889.6M0.0% $889.6M+18.7% $749.2M+11.1% $674.4M-29.4% $955.6M+16.9% $817.8M+13.9% $717.8M+9.1% $658.0M
Long-Term Debt $398.4M0.0% $398.4M+0.1% $398.1M+0.1% $397.9M+0.1% $397.7M+0.1% $397.5M+0.1% $397.3M0.0% $397.1M
Total Equity $2.0B0.0% $2.0B+3.0% $1.9B+2.8% $1.9B+1.4% $1.9B+4.1% $1.8B+0.8% $1.8B+1.4% $1.8B
Retained Earnings $1.7B0.0% $1.7B+2.4% $1.7B+2.9% $1.6B+2.5% $1.6B+2.5% $1.5B+2.6% $1.5B+2.8% $1.5B

KFY Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Operating Cash Flow $222.7M-4.6% $233.5M+92.3% $121.4M+151.2% -$237.4M-192.8% $255.8M+19.7% $213.7M+75.2% $122.0M+153.7% -$227.2M
Capital Expenditures $40.3M+85.3% $21.7M+4.7% $20.8M-8.2% $22.6M+11.4% $20.3M+16.7% $17.4M+21.5% $14.3M+36.3% $10.5M
Free Cash Flow $182.4M-13.8% $211.7M+110.3% $100.7M+138.7% -$260.0M-210.4% $235.5M+19.9% $196.4M+82.3% $107.7M+145.3% -$237.7M
Investing Cash Flow -$37.4M-17.9% -$31.7M-225.4% -$9.8M+69.7% -$32.2M-151.1% -$12.8M+83.2% -$76.4M-702.4% -$9.5M+64.4% -$26.7M
Financing Cash Flow -$19.9M+53.9% -$43.2M-19.3% -$36.2M+29.7% -$51.6M-16.4% -$44.3M-25.1% -$35.4M+35.6% -$55.0M+2.0% -$56.1M
Dividends Paid $37.1M+48.3% $25.0M-0.4% $25.1M-4.1% $26.2M+4.6% $25.1M+29.7% $19.3M-0.8% $19.5M-1.7% $19.8M
Share Buybacks -$18.5M-196.1% $19.3M+139.3% $8.1M-21.8% $10.3M-30.9% $14.9M-16.1% $17.8M-45.6% $32.7M+39.1% $23.5M

KFY Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Gross Margin 98.9% N/A N/A N/A N/A N/A N/A N/A
Operating Margin 12.7%+0.1pp 12.6%-1.0pp 13.5%+1.9pp 11.7%-2.9pp 14.5%+3.0pp 11.6%-1.3pp 12.8%+1.7pp 11.1%
Net Margin 9.1%+0.1pp 9.0%-0.9pp 9.9%+0.6pp 9.3%+0.4pp 8.9%+0.3pp 8.6%-0.3pp 8.9%-0.3pp 9.2%
Return on Equity 3.3%0.0pp 3.3%-0.5pp 3.7%+0.2pp 3.5%+0.1pp 3.4%+0.2pp 3.3%-0.2pp 3.4%-0.2pp 3.6%
Return on Assets 1.7%0.0pp 1.7%-0.3pp 1.9%+0.1pp 1.8%+0.2pp 1.7%+0.1pp 1.6%-0.1pp 1.7%-0.1pp 1.8%
Current Ratio 2.010.0 2.01-0.1 2.14-0.1 2.21+0.4 1.83-0.1 1.90-0.2 2.07-0.1 2.15
Debt-to-Equity 0.200.0 0.200.0 0.200.0 0.210.0 0.210.0 0.220.0 0.220.0 0.23
FCF Margin 25.4%-3.8pp 29.2%+15.4pp 13.8%+50.1pp -36.3%-69.0pp 32.7%+3.7pp 29.0%+13.2pp 15.8%+50.6pp -34.8%

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Frequently Asked Questions

Korn Ferry (KFY) reported $2.8B in total revenue for fiscal year 2025. This represents a -1.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Korn Ferry (KFY) revenue declined by 1.2% year-over-year, from $2.8B to $2.8B in fiscal year 2025.

Yes, Korn Ferry (KFY) reported a net income of $246.1M in fiscal year 2025, with a net profit margin of 8.9%.

Korn Ferry (KFY) reported diluted earnings per share of $4.60 for fiscal year 2025. This represents a 42.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Korn Ferry (KFY) had EBITDA of $426.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Korn Ferry (KFY) had $684.9M in cash and equivalents against $397.9M in long-term debt.

Korn Ferry (KFY) had an operating margin of 12.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Korn Ferry (KFY) had a net profit margin of 8.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Korn Ferry (KFY) paid $1.59 per share in dividends during fiscal year 2025.

Korn Ferry (KFY) has a return on equity of 13.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Korn Ferry (KFY) generated $301.9M in free cash flow during fiscal year 2025. This represents a 31.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Korn Ferry (KFY) generated $364.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Korn Ferry (KFY) had $3.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Korn Ferry (KFY) invested $62.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Korn Ferry (KFY) spent $88.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Korn Ferry (KFY) had 52M shares outstanding as of fiscal year 2025.

Korn Ferry (KFY) had a current ratio of 2.21 as of fiscal year 2025, which is generally considered healthy.

Korn Ferry (KFY) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Korn Ferry (KFY) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Korn Ferry (KFY) has an Altman Z-Score of 3.11, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Korn Ferry (KFY) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Korn Ferry (KFY) has an earnings quality ratio of 1.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Korn Ferry (KFY) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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