KORN FERRY (KFY) SEC Filings

KORN FERRY (KFY) reported that executive Jeanne MacDonald, CEO of RPO, had 507 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations arising from the vesting of 995 restricted shares. These were not open-market sales, and she now directly holds 45,917 shares of Korn Ferry common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Korn Ferry (KFY) reports that it has realigned its organizational and reporting structure by geography into three segments—Americas, EMEA, and APAC—and is providing retrospectively recast historical segment information for fiscal 2026 and earlier periods. The recast changes only segment presentation and related disclosures and does not restate or change previously reported consolidated financial statements.

For fiscal 2026, Korn Ferry generated $2,907.5 million in fee revenue, with Net Income Attributable to Korn Ferry of $277.4 million and a net margin of 9.5%, up 50 basis points versus 2025. Adjusted EBITDA was $497.8 million (17.1% margin). The company invested in growth and technology while returning $220.7 million to shareholders through share repurchases and dividends.

Korn Ferry highlights 7% fee revenue growth and 5% new business growth in fiscal 2026, with EMEA fee revenue up 15%, Americas up 3% and APAC up 2%. As of April 30, 2026, the firm employed 8,965 full-time professionals across 98 offices in 51 countries, and had $400 million of notes outstanding and $845.7 million available under its revolving credit facility.

KORN FERRY (KFY) reported solid Q1 FY'27 results, with fee revenue of $756.5 million for the quarter ended July 31, 2026, up about 7% from $708.6 million, driven by growth in all Regions and double‑digit increases in Search and Workforce Solutions. Net income attributable to Korn Ferry was $69.0 million, up 4% year over year, and diluted EPS rose to $1.32 from $1.26. Adjusted EBITDA was $128.2 million with a 17% margin, essentially flat as a percentage of fee revenue.

Cash and cash equivalents were $800.9 million at quarter‑end, but operating activities used $247.6 million of cash, largely due to working‑capital movements including a significant reduction in accounts payable and accrued liabilities. The company carried $400 million of 4.625% Senior Unsecured Notes and had an undrawn $850 million revolving credit facility.

After quarter‑end, Korn Ferry entered an amended and restated credit agreement adding a $600 million senior secured term loan and maintaining the $850 million revolver, then used $406 million to redeem its Notes. It also completed the $1.2 billion acquisition of Auxey Holdco Limited (AMS), funded with cash on hand and borrowings, and continued its quarterly dividend at $0.55 per share.

Korn Ferry (KFY) reported solid first quarter fiscal 2027 results with fee revenue of $756.5 million, up about 7% year-over-year at both actual and constant currency, marking its sixth consecutive quarter of top-line growth. Net income attributable to Korn Ferry was $69.0 million, with a margin of 9.1%, compared with $66.6 million and 9.4% a year earlier.

Adjusted EBITDA rose to $128.2 million from $120.4 million, with margin steady at 17.0%. Diluted EPS was $1.32 and adjusted diluted EPS was $1.43, up 5% and 9% year-over-year, respectively. Estimated remaining fees under existing contracts increased 14% to $1.9 billion, and new business rose to $832.3 million. By region, Americas fee revenue grew 9%, EMEA 4%, and APAC 1%, with double-digit global growth in Search and Workforce Solutions.

For Q2 FY 2027, including the recently acquired AMS for September and October, the company expects fee revenue of $860–$878 million, adjusted EBITDA margin of 16.8–17.2%, and adjusted diluted EPS of $1.30–$1.40, which include the impact of AMS-related amortization, interest expense, and additional shares.

Korn Ferry (KFY) announced that its Board of Directors declared a quarterly cash dividend of $0.55 per share of common stock. The dividend will be paid on October 15, 2026 to shareholders of record as of the close of business on September 22, 2026.

The company states that future dividends under its quarterly dividend policy will be at the discretion of the Board and will depend on earnings, capital requirements, financial condition, the terms of its indebtedness and other factors the Board deems relevant. Korn Ferry may amend, revoke or suspend the dividend policy at any time.

Korn Ferry (KFY) is registering for resale up to 3,118,628 shares of its common stock on Form S-3, to be offered from time to time by selling stockholders named in the prospectus. These shares were issued as consideration under a Sale and Purchase Agreement dated June 27, 2026 with Auxey Holdings (Lux) S.A.S., OMERS Administration Corporation, AMS CayCo Ltd. and related parties in connection with the AMS acquisition. Korn Ferry is not offering any shares and will not receive proceeds from sales; all net proceeds go to the selling stockholders, while Korn Ferry bears the registration and related costs. The shares may be sold through various methods, including market and negotiated transactions, potentially involving underwriters or broker-dealers. The company’s common stock trades on the NYSE under the symbol KFY, and the closing price was $83.59 per share on September 2, 2026. As of September 1, 2026, Korn Ferry had 54,558,851 shares of common stock outstanding.

KORN FERRY (KFY) completed the acquisition of Auxey Holdco Limited (“AMS”) on September 1, 2026, making AMS an indirect wholly owned subsidiary held through Korn Ferry Global Holdings (UK) Limited. The effective time for accounting purposes was 12:01 a.m. London Time on September 1, 2026.

Under the Sale and Purchase Agreement, Korn Ferry Global Holdings (UK) Limited paid approximately £473 million and $326 million in cash for seller consideration, repayment of AMS indebtedness, and other transaction obligations, and issued 3,118,628 shares of Korn Ferry common stock as consideration shares, issued under a Section 4(a)(2) Securities Act exemption. Financial statements and pro forma financial information for the business acquired will be provided by amendment within 71 days.

Korn Ferry (KFY) entered into an Amended and Restated Credit Agreement with Wells Fargo Bank and other lenders effective August 18, 2026. The agreement establishes a new $600 million senior secured term loan facility and continues the existing $850 million senior secured revolving credit facility, with both facilities maturing five years from the effective date and secured by substantially all assets of Korn Ferry and its guarantor subsidiaries.

Borrowings under the facilities bear interest, at Korn Ferry’s election, at Term SOFR plus 1.125%–2.00% per year or base rate plus 0.125%–1.00%, in each case depending on the consolidated net leverage ratio. Korn Ferry drew the full $600 million term loan on the effective date, using part of the proceeds to redeem all of its outstanding 4.625% Senior Notes due 2027, totaling $400 million, at 100% of principal plus accrued interest, and to pay related fees and expenses. The remaining proceeds are intended to finance a portion of the purchase price for Korn Ferry’s pending acquisition of AMS and related transaction costs.

Wellington Management Group LLP and related entities report a significant institutional position in Korn Ferry common stock. The group, including Wellington Group Holdings LLP and Wellington Investment Advisors Holdings LLP, reports beneficial ownership of 2,519,474 shares of Korn Ferry as of June 30, 2026, representing 4.95% of the outstanding common stock.

The Wellington entities report no sole voting or dispositive power, with shared voting power over 1,880,498 shares and shared dispositive power over 2,519,474 shares. The shares are held of record by clients of various Wellington investment advisers, which have the right to receive dividends and sale proceeds, and no single client is reported to hold more than five percent of the class.