Filing Flows › Korn Ferry (KFY) › Q1 FY27 › vs Q4 FY26
Korn Ferry (KFY) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Korn Ferry's revenue fell $3.6M (-0.5%) from $768M in Q4 FY26 to $765M in Q1 FY27. The biggest changes: Fee revenue −$3.3M (-0.4%); Reimbursed out-of-pocket engagement expenses −$358K (-4%). Operating margin 12.2% against 13.2% (-1.0 pts).
Korn Ferry, Q1 FY27: revenue $765M (+7% year over year), operating margin 12.2%, net earnings $69.0M, operating cash flow −$248M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 12.2% | 13.2% | -1.0 pts |
| Net margin | 9.0% | 9.5% | -0.5 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Fee revenue | $756M | $760M | −$3.3M | -0.4% |
| Reimbursed out-of-pocket engagement expenses | $8.1M | $8.5M | −$358K | -4% |
| Revenue | $765M | $768M | −$3.6M | -0.5% |
| Operating profit | $93.4M | $102M | −$8.1M | -8% |
| Costs & expenses | $671M | $667M | $4.5M | +0.7% |
| Pre-tax earnings | $94.1M | $103M | −$8.7M | -8% |
| General & admin | $80.2M | $67.7M | $12.6M | +19% |
| Other operating costs | $591M | $599M | −$8.1M | -1% |
| Net earnings | $69.0M | $73.1M | −$4.2M | -6% |
| Minority interests | $530K | $691K | −$161K | -23% |
| Income tax | $24.6M | $29.1M | −$4.4M | -15% |
| Operating cash sources | $351M | −$190M | $541M | — |
| Depreciation & amortization | $22.2M | $21.6M | $604K | +3% |
| Share-based compensation | $12.4M | $12.0M | $454K | +4% |
| Cash used in operations | $248M | −$297M | $544M | — |
| Working capital & other | $351M | −$190M | $541M | — |
Questions
How much did Korn Ferry's revenue grow quarter over quarter in Q1 FY27?
Korn Ferry's revenue fell $3.6M (-0.5%) from $768M in Q4 FY26 to $765M in Q1 FY27.
What drove Korn Ferry's revenue change in Q1 FY27?
Fee revenue −$3.3M (-0.4%); Reimbursed out-of-pocket engagement expenses −$358K (-4%).