Filing Flows › Korn Ferry (KFY) › Q1 FY27
Korn Ferry (KFY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 9, 2026
Korn Ferry (KFY) reported revenue of $765M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -0.5% from the quarter before. Operating margin was 12.2%, net earnings $69.0M (9.0% of revenue).
Korn Ferry, Q1 FY27: revenue $765M (+7% year over year), operating margin 12.2%, net earnings $69.0M, operating cash flow −$248M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $765M | -0.5% | +7% |
| Operating profit | $93.4M | -8% | +12% |
| Net earnings | $69.0M | -6% | +3% |
| Operating cash flow | −$248M | -183% | — |
What changed
Revenue was $764.6M in Q1 FY27, up 7% year over year and roughly flat from the previous quarter. Fee revenue was the largest line at 99% of revenue. Fee revenue added $47.9M year over year (up 7%), 98% of the total change.
Operating profit was $93.4M, a 12.2% margin (up 0.6 points year over year). Of the extra revenue versus Q1 FY26, 20% reached operating profit, above the 12% margin then. Total costs grew 6% against revenue growth of 7%. The fastest-growing cost line was General & admin (+26%). Net earnings were $69.0M, up 3% year over year. The effective tax rate was 26.2%.
Operating cash flow was −$247.6M. Non-cash charges added back $22.2M of depreciation and amortization and $12.4M of share-based compensation. Working capital and other items used $351.8M. Capital expenditures of $17.9M exceeded it, leaving free cash flow of −$265.6M.
Questions
What was Korn Ferry's revenue in the first quarter fiscal 2027?
Korn Ferry (KFY) reported revenue of $765M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -0.5% from the quarter before.
Was Korn Ferry profitable in the first quarter fiscal 2027?
Operating profit was $93.4M (12.2% of revenue) and net earnings $69.0M.
Source: Korn Ferry 10-Q on SEC EDGAR.