Korn Ferry Reports Strong Q3 FY26 Results with 7% Revenue Growth and Increased Dividend
summarizeSummary
Korn Ferry announced robust third-quarter fiscal year 2026 results, with fee revenue up 7% and diluted EPS up 12% year-over-year, alongside a 15% increase in its quarterly dividend.
check_boxKey Events
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Strong Q3 Financial Performance
For the third quarter ended January 31, 2026, fee revenue increased 7% to $717.4 million, and diluted EPS rose 12% to $1.23 year-over-year. Adjusted EBITDA also increased 8% to $123.1 million.
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Increased Quarterly Dividend
The Board approved a 15% increase in the quarterly cash dividend to $0.55 per share on March 5, 2026, payable April 15, 2026. This follows a prior 8-K announcement.
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Ongoing Share Repurchase Program
The company repurchased $19.3 million of common stock in Q3 FY26, with $306.6 million remaining available under its share repurchase program.
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Enhanced Liquidity and Credit Facility
A new $850 million five-year senior secured revolving credit facility was established on July 1, 2025, replacing a $650 million facility, significantly increasing financial flexibility. No borrowings were outstanding under this facility as of January 31, 2026.
auto_awesomeAnalysis
This 10-Q confirms Korn Ferry's strong financial momentum, building on previously announced preliminary results. The detailed report highlights broad-based growth across all solution areas, contributing to a significant increase in both fee revenue and diluted earnings per share. The company's commitment to returning capital to shareholders is evident through the increased dividend and ongoing share repurchase program. Furthermore, the expanded credit facility strengthens the company's liquidity and financial position, providing ample resources for future growth initiatives. Investors should view these results as a continuation of positive operational execution and sound capital management.
At the time of this filing, KFY was trading at $62.59 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $58.95 to $78.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.