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Filing Flows › FTI Consulting (FCN) › Q2 2026 › vs Q1 2026

FTI Consulting (FCN) Q2 2026 vs Q1 2026 (quarter over quarter)

FTI Consulting's revenue rose $10.1M (+1%) from $983M in Q1 2026 to $993M in Q2 2026. Gross margin 31.8% against 31.2% (+0.6 pts).

FTI Consulting, Q2 2026: revenue $993M (+5% year over year), operating margin 8.6%, net earnings $57.8M, operating cash flow $152M. The chart draws each line against Q1 2026, the increases inside each band.

FTI Consulting: what changed, Q2 2026 vs Q1 2026FTI Consulting: what changed, Q2 2026 vs Q1 2026Operating cash flow$462MFree cash flow (OCF − capex)$462MWorking capital & other$461MGross profit$9.4MOperating expenses$8.3MOther expense, net$6.7MIncome tax−$5.7MPre-tax earnings−$5.6MOperating profit$1.1MShare-based compensation$835K

Margins

Q2 2026Q1 2026Change
Gross margin31.8%31.2%+0.6 pts
Operating margin8.6%8.5%+0.0 pts
Net margin5.8%5.9%-0.0 pts
Free cash flow margin14.2%-32.6%+46.8 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$993M$983M$10.1M+1%
Gross profit$316M$307M$9.4M+3%
Cost of revenue$677M$677M$673K+0.1%
Operating profit$85.0M$83.9M$1.1M+1%
Operating expenses$231M$223M$8.3M+4%
Pre-tax earnings$73.0M$78.5M−$5.6M-7%
Other expense, net$12.0M$5.4M$6.7M+124%
Net earnings$57.8M$57.6M$179K+0.3%
Income tax$15.2M$20.9M−$5.7M-27%
Depreciation & amortization$12.3M$12.3M−$10K-0.1%
Share-based compensation$11.4M$10.6M$835K+8%
Working capital & other$70.8M−$391M$461M—
Operating cash flow$152M−$310M$462M—
Free cash flow (OCF − capex)$141M−$321M$462M—
Capital expenditures$11.3M$10.6M$649K+6%

Questions

How much did FTI Consulting's revenue grow quarter over quarter in Q2 2026?

FTI Consulting's revenue rose $10.1M (+1%) from $983M in Q1 2026 to $993M in Q2 2026. Gross margin 31.8% against 31.2% (+0.6 pts).

Q2 2026 results → · Compare in the interactive Sankey →