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FTI Consulting (FCN) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 29, 2026 · FTI Consulting (FCN) Q3 2026 earnings results →
Q3 2026 Revenue up 6% year over year to $1.0B · 6¢ of every $1 of revenue kept as net profit · operating margin 8.9%
FTI Consulting made $1.0B in Q3 2026 (+6% Y/Y). Operating margin 8.9%, net earnings $63.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $1.0B in Q3 2026, up 6% year over year and up 2% from the previous quarter.
Gross margin was 34.6%, up 1.4 points from Q3 2025. Operating profit was $0.09B, a 8.9% margin (down 3.4 points year over year). Operating profit fell $0.03B even though revenue rose $0.06B versus Q3 2025, so costs grew faster than sales. Operating expenses grew 30% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+5867%). Net earnings were $0.06B, down 23% year over year. The effective tax rate was 17.8%.
Operating cash flow was $0.19B (down 6% year over year), 300% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.10B. Capital expenditures of $0.01B left free cash flow of $0.18B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 29, 2026 | $1.0B | +6% | 8.9% | $63.4M | $190M |
| Q2 2026 | 10-Q | Jul 30, 2026 | $993M | +5% | 8.6% | $57.8M | $152M |
| Q1 2026 | 10-Q | Apr 30, 2026 | $983M | +10% | 8.5% | $57.6M | −$310M |
| Q4 2025 | 10-K | Feb 26, 2026 | $991M | +11% | 9.4% | $54.5M | $360M |
| Q3 2025 | 10-Q | Oct 23, 2025 | $956M | +3% | 12.3% | $82.8M | $202M |
| Q2 2025 | 10-Q | Jul 24, 2025 | $944M | -0.6% | 10.5% | $71.7M | $55.7M |
| Q1 2025 | 10-Q | Apr 24, 2025 | $898M | -3% | 8.8% | $61.8M | −$465M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About FTI Consulting
Unless otherwise indicated or required by the context, when we use the terms “Company,” “FTI Consulting,” “we,” “us” and “our,” we mean FTI Consulting, Inc., a Maryland corporation, and its consolidated subsidiaries. FTI Consulting is a leading global expert firm for organizations facing crisis and transformation. Individually, each of our segments and practices is staffed with experts recognized for the depth of their knowledge and a track record of making an impact.
In its own words, from its 10-K, filed Feb 26, 2026.
FTI Consulting against its Services-Management Consulting Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +6% against the peers' median +6%. Operating margin: 8.9% against the peers' median 8.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| FCN FTI Consulting | Q3 2026 | $1.0B | +6% | 8.9% |
| BAH Booz Allen Hamilton Holding | Q2 FY27 | $2.8B | -4% | 8.8% |
| G Genpact | Q3 2026 | $1.4B | +7% | 15.2% |
| ASTH Astrana Health | Q3 2026 | $1.0B | +7% | 3.9% |
| HURN Huron Consulting Group | Q3 2026 | $491M | +11% | 12.0% |
| ICFI ICF International | Q3 2026 | $470M | +1% | 9.3% |
| ONT Onterris | Q3 2026 | $203M | -10% | 6.0% |
| EXPO Exponent | Q3 2026 | $174M | +18% | 24.1% |
| RMR RMR Group | Q3 FY26 | $154M | -0.8% | -6.0% |
Source: FTI Consulting 10-Q on SEC EDGAR · CIK 887936 · Services-Management Consulting Services
Guidance and outlook
13F: who owns FCN and who is buying
More on FCN
- How FTI Consulting makes money: revenue by segment
- FTI Consulting next earnings date and what analysts expect
- FTI Consulting stock forecast, price target and fair value
- Who owns FTI Consulting stock: holders, funds and Congress trades
- FTI Consulting guidance and outlook
- Is FTI Consulting a takeover target? LBO and rumors
- FTI Consulting recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results