Filing Flows › FTI Consulting (FCN) › Q3 2026
FTI Consulting (FCN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
FTI Consulting (FCN) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +2% from the quarter before. Operating margin was 8.9%, net earnings $63.4M (6.3% of revenue).
FTI Consulting, Q3 2026: revenue $1.0B (+6% year over year), operating margin 8.9%, net earnings $63.4M, operating cash flow $190M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +2% | +6% |
| Gross profit | $351M | +11% | +10% |
| Operating profit | $89.8M | +6% | -24% |
| Net earnings | $63.4M | +10% | -23% |
| Operating cash flow | $190M | +25% | -6% |
| Free cash flow | $182M | +29% | -3% |
What changed
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.
Questions
What was FTI Consulting's revenue in the third quarter 2026?
FTI Consulting (FCN) reported revenue of $1.0B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +2% from the quarter before.
Was FTI Consulting profitable in the third quarter 2026?
Operating profit was $89.8M (8.9% of revenue) and net earnings $63.4M.
Source: FTI Consulting 10-Q on SEC EDGAR.