1. Home
  2. FCN
  3. Earnings

AI Earnings Predictions for FTI Consulting Inc. (FCN)

Machine learning predictions based on historical earnings data and price patterns

Latest Prediction

SELL

1-Day Prediction

-3.77%

$175.75

0% positive prob.

5-Day Prediction

-5.61%

$172.39

0% positive prob.

20-Day Prediction

-5.25%

$173.05

0% positive prob.

Price at prediction: $182.64 Confidence: 100.0% Model AUC: 1.0000 Quarter: Q3 2026

Historical Earnings Predictions

Quarter Signal 1D Return 5D Return 20D Return Confidence Actual 5D
Q3 2026 SELL -3.77% -5.61% -5.25% 100.0% Pending
Q2 2026 SELL -4.27% -5.75% -5.55% 100.0% Pending
Q1 2026 SELL -4.28% -5.68% -4.69% 99.7% -6.18%
Q4 2025 BUY +1.41% +2.01% +0.34% 100.0% +2.66%

Earnings Transcripts

SEC 8-K filings with transcript text

View All
2026
Q3

Q3 2026 Earnings

8-K SELL

Oct 30, 2026 · 100% conf.

AI Prediction SELL

1D

-3.77%

$175.75

Act: +6.02%

5D

-5.61%

$172.39

20D

-5.25%

$173.05

Price: $182.64 Prob +5D: 0% AUC: 1.000
0001193125-26-441751

EX-99.1

2 fcn-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

FTI Consulting, Inc.

555 12th Street NW Washington, DC 20004

+1.202.312.9100

Investor & Media Contact:

Mollie Hawkes

+1.617.747.1791 mollie.hawkes@fticonsulting.com

FTI Consulting Reports Record Third Quarter 2026 Revenues of $1.013 Billion, With Growth Across All Five Business Segments

• Record Quarterly Revenues of $1.013 Billion, Up 6%, Compared to $956.2 Million in Prior Year Quarter

• EPS of $2.35, Down 10%, and Record Adjusted EPS of $3.84, Up 48%, Compared to EPS and Adjusted EPS of $2.60 in Prior Year Quarter

• Company Reaffirms Revenue Guidance, Updates EPS Guidance Range to Between $7.55 and $8.05 and Raises Adjusted EPS Guidance Range to Between $9.50 and $10.00

Washington, D.C., October 29, 2026 — FTI Consulting, Inc. (NYSE: FCN) today released financial results for the third quarter ended September 30, 2026.

Third quarter 2026 record revenues of $1.013 billion increased $56.4 million, or 5.9%, compared to revenues of $956.2 million in the prior year quarter. The increase was driven by revenue growth across all business segments. Net income of $63.4 million compared to $82.8 million in the prior year quarter. The decrease in net income was primarily due to a $46.0 million special charge and higher direct costs, selling, general and administrative (“SG&A”) expenses and interest expense, which more than offset revenue growth and a lower income tax provision. The special charge related to a plan to align staffing with demand included $45.5 million in salary- and benefits-related costs and $0.5 million of non-cash real estate-related costs.

Adjusted EBITDA of $153.7 million, or 15.2% of revenues, compared to $130.6 million, or 13.7% of revenues, in the prior year quarter. Third quarter 2026 Adjusted EBITDA excludes the aforementioned special charge and $4.5 million of Extraordinary Litigation-Related Expenses.1 Third quarter 2026 EPS of $2.35 compared to $2.60 in the prior year quarter. Third quarter 2026 EPS included the special charge and Extraordinary Litigation-Related Expenses, which reduced EPS by $1.36 and $0.13, respectively. Third quarter Adjusted EPS of $3.84 compared to EPS of $2.60 in the prior year quarter, where Adjusted EPS was equal to EPS.

Steven H. Gunby, CEO and Chairman of FTI Consulting, commented, “Our record results this quarter reflect the strength and breadth of our global platform. Though our results included certain favorable non-recurring items, such as record success fees and a lower effective tax rate, at their core, they were driven by the fact that in a world facing major change and disruption, our clients are increasingly turning to us for the depth and breadth of our capabilities.”

1 Refer to “Non-GAAP Financial Measures” in this Press Release for the definition of “Extraordinary Litigation-Related Expenses.”

Cash Position and Capital Allocation

Net cash provided by operating activities of $190.4 million for the quarter ended September 30, 2026 compared to $201.9 million for the quarter ended September 30, 2025. The year-over-year decrease in net cash provided by operating activities was primarily due to an increase in operating expense and compensation payments, which was partially offset by higher cash collections and a decrease in forgivable loan issuances.

During the quarter ended September 30, 2026, the Company repurchased 523,588 shares of its common stock at an average price per share of $151.55 for a total cost of $79.4 million. As of September 30, 2026, approximately $264.7 million remained available for common stock repurchases under the Company’s stock repurchase program.

Cash and cash equivalents of $88.1 million at September 30, 2026 compared to $146.0 million at September 30, 2025 and $163.7 million at June 30, 2026. Total debt of $852.0 million at September 30, 2026 compared to $510.0 million at September 30, 2025 and $1.020 billion at June 30, 2026.

Third Quarter 2026 Segment Results

Corporate Finance

Revenues in the Corporate Finance segment increased $19.5 million, or 4.8%, to $424.4 million in the quarter compared to $404.9 million in the prior year quarter. The increase in revenues was primarily due to higher success fees and realized bill rates, which was partially offset by lower demand for turnaround & restructuring and transactions services. Segment operating income of $83.4 million compared to $93.0 million in the prior year quarter. Adjusted Segment EBITDA of $102.8 million, or 24.2% of segment revenues, compared to $96.4 million, or 23.8% of segment revenues, in the prior year quarter. The increase in Adjusted Segment EBITDA was primarily due to higher revenues, which was partially offset by an increase in compensation, which includes the impact of a 6.3% increase in billable headcount.

Forensic and Litigation Consulting

Revenues in the Forensic and Litigation Consulting segment increased $0.4 million, or 0.2%, to $195.1 million in the quarter compared to $194.

2026
Q2

Q2 2026 Earnings

8-K SELL

Jul 31, 2026 · 100% conf.

AI Prediction SELL

1D

-4.27%

$152.58

Act: -0.61%

5D

-5.75%

$150.21

20D

-5.55%

$150.53

Price: $159.38 Prob +5D: 0% AUC: 1.000
0001193125-26-328715

EX-99.1

2 fcn-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

FTI Consulting, Inc.

555 12th Street NW Washington, DC 20004

+1.202.312.9100

Investor & Media Contact:

Mollie Hawkes

+1.617.747.1791 mollie.hawkes@fticonsulting.com

FTI Consulting Reports Second Quarter 2026 Financial Results

• Record Second Quarter 2026 Revenues of $993.5 Million, Up 5.3% Compared to $943.7 Million in Prior Year Quarter

• Second Quarter 2026 EPS of $1.99 and Adjusted EPS of $2.16, Compared to EPS and Adjusted EPS of $2.13 in Prior Year Quarter

• Company Reaffirms Revenue Guidance, Updates EPS Guidance Range to Between $8.70 and $9.30 and Introduces Adjusted EPS Guidance Range of Between $9.10 and $9.70

Washington, D.C., July 30, 2026 — FTI Consulting, Inc. (NYSE: FCN) today released financial results for the second quarter ended June 30, 2026.

Second quarter 2026 record revenues of $993.5 million increased $49.8 million, or 5.3%, compared to revenues of $943.7 million in the prior year quarter. The increase was primarily driven by revenue growth in the Corporate Finance, Technology and Forensic and Litigation Consulting segments, which was partially offset by a $9.2 million decline in pass-through revenues. Net income of $57.8 million compared to $71.7 million in the prior year quarter. The decrease in net income was primarily due to higher direct costs, selling, general and administrative (“SG&A”) expenses and interest expense, which was partially offset by the increase in revenues and a lower income tax provision. Adjusted EBITDA of $104.5 million, or 10.5% of revenues, compared to $111.6 million, or 11.8% of revenues, in the prior year quarter. Second quarter 2026 Adjusted EBITDA excludes $6.6 million of Extraordinary Litigation-Related Expenses.1 Second quarter 2026 EPS of $1.99 compared to $2.13 in the prior year quarter. Second quarter 2026 EPS included the aforementioned Extraordinary Litigation-Related Expenses, which reduced EPS by $0.17. Second quarter Adjusted EPS of $2.16 compared to $2.13 in the prior year quarter.

Steven H. Gunby, CEO and Chairman of FTI Consulting, commented, “Our performance this quarter demonstrates, once again, the underlying power of this institution and the resilience created by our sustained, multiyear investments in great talent. As clients face ever more complicated and disrupted environments, the depth and breadth of our capabilities across our global platform are increasingly relevant. Though the event-driven nature of our business means we will always have zigs and zags someplace around the world, we continue to feel confident and excited about our multiyear trajectory.”

Cash Position and Capital Allocation

Net cash provided by operating activities of $152.3 million for the quarter ended June 30, 2026 compared to $55.7 million for the quarter ended June 30, 2025. The year-over-year increase in net cash provided by

1 Refer to “Non-GAAP Financial Measures” in this Press Release for the definition of “Extraordinary Litigation-Related Expenses.”

operating activities was primarily due to higher cash collections and a decrease in forgivable loan issuances and income tax payments, which was partially offset by an increase in operating expense and compensation payments.

On June 3, 2026, FTI Consulting’s Board of Directors authorized the additional amount of $370.0 million to repurchase its outstanding shares of common stock under its stock repurchase program. During the quarter ended June 30, 2026, the Company repurchased 2,591,133 shares of its common stock at an average price per share of $150.84 for a total cost of $390.9 million. As of June 30, 2026, approximately $344.0 million remained available for common stock repurchases under the Company’s stock repurchase program.

Cash and cash equivalents of $163.7 million at June 30, 2026 compared to $152.8 million at June 30, 2025 and $198.3 million at March 31, 2026. Total debt, net of cash, of $856.3 million at June 30, 2026 compared to $317.2 million at June 30, 2025 and $556.7 million at March 31, 2026. The sequential increase in total debt, net of cash, was primarily due to share repurchases.

Second Quarter 2026 Segment Results

Corporate Finance

Revenues in the Corporate Finance segment increased $32.2 million, or 8.5%, to $411.4 million in the quarter compared to $379.2 million in the prior year quarter. The increase in revenues was primarily due to higher realized bill rates for transactions, transformation and turnaround & restructuring services, an increase in demand for transformation services, and higher success fees, which was partially offset by lower demand for turnaround & restructuring services. Segment operating income of $82.5 million compared to $78.1 million in the prior year quarter. Adjusted Segment EBITDA of $86.0 million, or 20.9% of segment revenues, compared to $81.7 million, or 21.5% of segment revenues, in the prior year quarter. The increase in Adjusted Segment EBITDA was primarily due to higher revenue

2026
Q1

Q1 2026 Earnings

8-K SELL

May 1, 2026 · 100% conf.

AI Prediction SELL

1D

-4.28%

$167.71

Act: -4.09%

5D

-5.68%

$165.26

Act: -6.18%

20D

-4.69%

$167.00

Price: $175.22 Prob +5D: 0% AUC: 1.000
0001193125-26-201565

EX-99.1

2 fcn-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

FTI Consulting, Inc.

555 12th Street NW

Washington, DC 20004

+1.202.312.9100

Investor & Media Contact:

Mollie Hawkes

+1.617.747.1791

mollie.hawkes@fticonsulting.com

FTI Consulting Reports First Quarter 2026 Financial Results

• First Quarter 2026 Revenues of $983.3 Million, Up 9.5% Compared to $898.3 Million in Prior Year Quarter

• First Quarter 2026 EPS of $1.90, Up 9.2% Compared to EPS of $1.74 in Prior Year Quarter

• Company Reaffirms Full Year 2026 Guidance

Washington, D.C., April 30, 2026 — FTI Consulting, Inc. (NYSE: FCN) today released financial results for the first quarter ended March 31, 2026.

First quarter 2026 revenues of $983.3 million increased $85.1 million, or 9.5%, compared to revenues of $898.3 million in the prior year quarter. The increase was primarily driven by revenue growth in the Corporate Finance, Strategic Communications and Technology segments, which was partially offset by lower revenues in the Economic Consulting segment. Excluding an estimated positive impact of foreign currency translation (“FX”), revenues increased $60.8 million, or 6.8%, compared to the prior year quarter. Net income of $57.6 million compared to $61.8 million in the prior year quarter. The decrease in net income was primarily due to higher direct costs and selling, general and administrative (“SG&A”) expenses, which included legal settlement gains in the prior year quarter, as well as an increase in interest expense and a higher effective tax rate, which more than offset the increase in revenues. Adjusted EBITDA of $96.8 million, or 9.8% of revenues, compared to $115.2 million, or 12.8% of revenues, in the prior year quarter.

First quarter 2026 EPS of $1.90 compared to $1.74 in the prior year quarter. First quarter 2025 EPS included a $25.3 million special charge related to severance and other employee-related costs, which reduced EPS by $0.55. Excluding the $0.55 first quarter 2025 special charge, Adjusted EPS was $2.29 in the prior year quarter.

Steven H. Gunby, CEO and Chairman of FTI Consulting, commented, “We delivered strong revenue growth this quarter, which, notwithstanding a higher than expected tax rate and SG&A expenses, translated into solid bottom-line results. The continued powerful growth of our business, now over many years, underscores the importance of the expertise, judgment and credibility our experts offer our clients when they are facing their most complex and high-stakes challenges and opportunities, particularly in the complicated and disrupted world we face today.”

Cash Position and Capital Allocation

Net cash used in operating activities of $310.0 million for the quarter ended March 31, 2026 compared to $465.2 million for the quarter ended March 31, 2025. The year-over-year decrease in net cash used in operating activities was primarily due to a decline in forgivable loan issuances, higher cash collections and lower income tax payments, which was partially offset by an increase in compensation payments.

During the quarter ended March 31, 2026, the Company repurchased 787,098 shares of its common stock at an average price per share of $161.11 for a total cost of $126.8 million. As of March 31, 2026, approximately $364.9 million remained available for common stock repurchases under the Company’s stock repurchase program.

Cash and cash equivalents of $198.3 million at March 31, 2026 compared to $151.1 million at March 31, 2025 and $265.1 million at December 31, 2025. Total debt, net of cash, of $556.7 million at March 31, 2026 compared to $8.9 million at March 31, 2025 and $99.9 million at December 31, 2025. The sequential increase in total debt, net of cash, was primarily due to annual bonus payments and share repurchases.

First Quarter 2026 Segment Results

Corporate Finance

Revenues in the Corporate Finance segment increased $65.9 million, or 19.2%, to $409.5 million in the quarter compared to $343.6 million in the prior year quarter. The increase in revenues was primarily due to higher demand and realized bill rates for turnaround & restructuring, transactions and transformation services. Excluding an estimated positive impact of FX, revenues increased $57.4 million, or 16.7%. Segment operating income of $85.2 million compared to $41.0 million in the prior year quarter. Adjusted Segment EBITDA of $88.7 million, or 21.6% of segment revenues, compared to $55.9 million, or 16.3% of segment revenues, in the prior year quarter. The increase in Adjusted Segment EBITDA was primarily due to higher revenues, which was partially offset by an increase in compensation.

Forensic and Litigation Consulting

Revenues in the Forensic and Litigation Consulting segment increased $2.3 million, or 1.2%, to $192.9 million in the quarter compared to $190.6 million in the prior year quarter. The increase in revenues was primarily due to higher realized bill rates for risk & investigations and construction solutions services, wh

About FTI Consulting Inc. (FCN) Earnings

This page provides FTI Consulting Inc. (FCN) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.

Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on FCN's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.

Share on Social Networks: