FTI Consulting Reports First Quarter 2026 Financial Results
FTI Consulting reported first quarter 2026 revenues of $983.3 million, a 9.5% increase from the prior year quarter, driven by growth in Corporate Finance, Strategic Communications, and Technology segments, partially offset by a decline in Economic Consulting. Net income was $57.6 million, down from $61.8 million in the prior year, attributed to higher direct costs, SG&A expenses, increased interest expense, and a higher tax rate, which outweighed the revenue growth. Adjusted EBITDA was $96.8 million, a decrease from $115.2 million in the prior year quarter. Diluted EPS was $1.90, up from $1.74 in the prior year quarter, though the prior year figure was impacted by a special charge. The company reaffirmed its full-year 2026 guidance for revenues and EPS. Key segment performances included strong revenue growth in Corporate Finance and Strategic Communications, while Economic Consulting saw a revenue decrease. The company repurchased approximately $126.8 million of its common stock during the quarter.