Korn Ferry (KFY) Q1 FY2027 earnings

Reported results

• Fee revenue of $756.5 million, an increase of 7% year-over-year at both actual and constant currency, marking sixth consecutive quarter of top-line growth
• Net income attributable to Korn Ferry of $69.0 million (9.1% margin), an increase of 4% year-over-year; diluted earnings per share of $1.32, up 5% year-over-year
• Adjusted EBITDA of $128.2 million (17.0% margin), an increase of 7% year-over-year; adjusted diluted earnings per share of $1.43, up 9% year-over-year
• Search and Workforce Solutions fee revenue grew 10% and 11% year-over-year, respectively
• Estimated remaining fees under existing contracts of $1.9 billion, up 14% year-over-year

Guidance

• Q2 FY2027 fee revenue expected in the range of $860 million to $878 million
• Q2 FY2027 adjusted EBITDA margin expected to range from 16.8% to 17.2%
• Q2 FY2027 adjusted diluted earnings per share expected in the range from $1.30 to $1.40

Notes

Q2 guidance includes the addition of AMS for September and October 2026 (AMS acquisition closed September 1, 2026). Adjusted diluted EPS guidance includes net after-tax impact of two months of incremental intangible asset amortization, incremental net interest expense, and incremental shares issued in connection with AMS acquisition. The company is not providing GAAP guidance for Q2 due to inability to estimate integration and acquisition costs with reasonable certainty.

Price and volatility reaction

The stock moved -1.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -11.4 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-09 (8-K, Item 2.02). Read the original filing on sec.gov.