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$161.60 +$4.36 (2.77%) Live
FTI Consulting Inc logo

FTI Consulting Inc

fticonsulting.com

What Do They Do?

Advises companies, law firms and governments on transactions, business transformation and restructuring.

How Do They Make Money?

Clients mainly pay for consulting hours at agreed rates as work is done, typically within 30 days when no contingencies apply; some engagements use fixed fees, retainers or success fees. Technology clients may also pay by data stored or processed, or by unit or month for browser-based software.

revenue
SegmentShareRevenue
Corporate Finance
41%
FY2022: 38%
Forensic And Litigation Consulting
20%
FY2022: 19%
Economic Consulting
19%
FY2022: 23%
Technology
Mix

9.9%
FY2022: 11%
Strategic Communications
10.0%
FY2022: 9.5%

Who Are Their Customers?

Works for businesses and investors, law firms, and government bodies; law firms may refer FTI or engage it directly on behalf of clients.

Do Revenues Turn Into Profits?

Yes. It kept 7 cents of every revenue dollar as net income in FY2025 and turned 2 cents into free cash flow.

Operating income, FY2025
10% of revenue
▲ +12% vs FY2024 ($347.4M, 9%)
Net income, FY2025
7% of revenue
▼ −3% vs FY2024 ($280.1M, 8%)
Free cash flow, FY2025
2% of revenue
▼ −74% vs FY2024 ($359.7M, 10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +5%
vs $943.7M in Q2 FY2025
Net income
▼ −19%
vs $71.7M in Q2 FY2025
Corporate Finance share of revenue vs 40.2% in Q2 FY2025
  • Mar 9, 2026 Angela Nam elected chief financial officer She is expected to start May 1, 2026; Paul Linton will return to his role as chief strategy and transformation officer.

Growing. Revenue grew 36% in 4 years, from $2.8B in FY2021 to $3.8B in FY2025, about 8% a year.

Revenue over time
Corporate Finance Forensic And Litigation Consulting Economic Consulting Technology Strategic Communications
$5B$2.5B$0

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