FTI Consulting Reports Record Q3 2026 Revenue Exceeding $1 Billion
FTI Consulting (FCN) achieved a historic milestone in the third quarter of 2026, with quarterly revenue surpassing $1 billion for the first time. This represents a 6% year-over-year increase driven by growth across all five business segments. The company reported record adjusted earnings per share of $3.84, a 48% jump from the previous year, supported by an 18% rise in adjusted EBITDA. Despite the strong performance, management noted potential headwinds for the fourth quarter due to seasonal slowdowns and reduced deal volume in restructuring, M&A, and regulatory markets. The firm also implemented targeted headcount reductions affecting 4% of its workforce to drive approximately $80 million in annualized cost savings. Looking ahead, FTI raised its adjusted EPS guidance to a range of $9.50 to $10.00 while reaffirming full-year revenue guidance.
Tickers: $FCN
Topics: Cost Savings Debt Reduction EBITDA Margin Improvement EPS Increase Revenue Growth Share Repurchases