FTI Consulting Q1 Revenue Jumps 9.5%, But Profitability Metrics Decline
FCN sits 26% above its 52-week low of $149.31.
Summary
FTI Consulting reported mixed first quarter 2026 financial results. Revenues increased 9.5% year-over-year to $983.3 million, driven by strong performance in Corporate Finance, Strategic Communications, and Technology segments. However, net income declined to $57.6 million from $61.8 million in the prior year, and Adjusted EBITDA fell to $96.8 million (9.8% of revenues) from $115.2 million (12.8%). While reported EPS rose to $1.90, adjusted EPS actually decreased when accounting for a prior year special charge. The company also reported a significant increase in total debt, net of cash, to $556.7 million, up from $99.9 million sequentially, though cash used in operating activities improved. Investors will likely focus on the strong top-line growth being offset by margin compression and increased debt, watching for future commentary on profitability trends and capital structure management.
At the time of this announcement, FCN was trading at $188.46 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $149.31 to $189.30. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.