Korn Ferry reported fiscal first-quarter 2027 fee revenue of $756.5 million, up 7% year over year, marking the global consulting firm’s sixth consecutive quarter of top-line growth.
Total revenue reached $764.6 million, compared with $715.5 million a year earlier. New business increased to $832.3 million from $742.2 million, while estimated remaining fees under existing contracts rose 14% to approximately $1.9 billion.
Net income attributable to Korn Ferry increased 4% to $69 million, while adjusted EBITDA increased 7% to $128.2 million. Adjusted EBITDA margin remained at 17%.
Diluted EPS increased 5% to $1.32, while adjusted diluted EPS rose 9% to $1.43.
Fee revenue increased across all regions, with particularly strong performance in Search and Workforce Solutions, where revenue increased 10% and 11%, respectively.
The Americas generated $442.1 million of fee revenue, up 9%, while EMEA revenue increased 4% to $227.7 million and APAC revenue increased 1% to $86.7 million.
The quarter preceded the September 1 completion of Korn Ferry’s acquisition of AMS, which adds technology-enabled talent solutions and long-term contracted client relationships to its Workforce Solutions business.
KEY QUOTE:
“I am very pleased with our quarterly performance. This marks our sixth consecutive quarter of top-line growth, demonstrating the momentum and durability of our business, as well as the sustaining value we are creating for our clients. With AMS now part of Korn Ferry, we have brought together two iconic brands to create a global leader in talent and organizational consulting. AMS is a world-class firm that complements and meaningfully expands our Workforce Solutions and propels our We Are Korn Ferry strategy—to be the world’s conductor of talent and organizational orchestration.”
“AMS brings profound operational capability, delivering technology-enabled talent solutions at scale, supported by long-term contracted client relationships. And at the heart of this combination is a belief that defines Korn Ferry: people are the catalyst for organizational success. I could not be more excited about our future.”
Gary D. Burnison, CEO of Korn Ferry
