0000056679-26-000009
SEC filingKorn Ferry reported Q3 2026 total revenue of $725.0 million, with operating income of $91.0 million and net income attributable to Korn Ferry of $65.3 million. The company generated $117.5 million in net cash from operating activities, though overall cash decreased by $68.6 million due to $73.7 million used in investing activities (primarily property purchases) and $131.0 million used in financing activities (dividends and stock repurchases). Key profitability metrics include operating margin of 12.6% and basic EPS of $1.00. The balance sheet remains strong with $3.95 billion in total assets, $1.94 billion in total liabilities, and $2.01 billion in stockholders' equity, including $938.4 million in cash and cash equivalents. The company paid $76.4 million in dividends and repurchased $37.6 million of common stock during the quarter.
Korn Ferry delivered solid Q3 2026 financial results with total revenue of $725.0 million. The company achieved operating income of $91.0 million, representing an operating margin of 12.6%. Net income attributable to Korn Ferry was $65.3 million, with basic earnings per share of $1.00 based on 51.6 million weighted-average common shares outstanding. Total operating expenses were $634.0 million, consisting primarily of compensation and benefits ($456.8 million), cost of services ($88.3 million), general and administrative expenses ($65.9 million), and depreciation and amortization ($23.0 million). Other income contributed $7.5 million, while interest expense was $5.7 million, resulting in income before taxes of $92.8 million and a tax provision of $26.7 million.
The filing provides consolidated revenue figures without segment breakdown. Total revenue of $725.0 million represents the company's combined performance across all business activities. No geographic or product/service segment details are disclosed in the provided data. The revenue figure reflects fee revenue from the company's professional services, though specific revenue drivers by business line are not available in the source material.
Operating margin for Q3 2026 was 12.6%, calculated from operating income of $91.0 million on revenue of $725.0 million. The cost structure shows compensation and benefits as the largest expense at $456.8 million (63.0% of revenue), followed by cost of services at $88.3 million (12.2% of revenue). General and administrative expenses were $65.9 million (9.1% of revenue), while depreciation and amortization totaled $23.0 million (3.2% of revenue). No restructuring charges were recorded during the period. The company maintained profitability despite these operating costs, with net income margin of 9.0% on net income attributable to Korn Ferry.
Operating activities generated $117.5 million in cash, driven by net income of $66.1 million plus adjustments including depreciation and amortization ($23.0 million), stock-based compensation ($35.7 million), and changes in working capital. Investing activities used $73.7 million, primarily for property and equipment purchases ($65.1 million) and marketable securities transactions. Financing activities used $131.0 million, mainly for dividends ($76.4 million) and common stock repurchases ($37.6 million). The balance sheet shows total assets of $3.95 billion, including current assets of $1.79 billion with $938.4 million in cash. Total liabilities are $1.94 billion, with current liabilities of $889.6 million. Stockholders' equity stands at $2.01 billion, resulting in a debt-to-equity ratio of approximately 0.20 based on long-term debt of $398.4 million.
The provided filing data does not include management guidance, forward-looking statements, or specific strategic priorities for future periods. No risk factors or outlook commentary is available in the source material. Investors should refer to the complete 10-Q filing for any discussion of future expectations, market conditions, or strategic initiatives that may not be captured in the financial data tables provided.