Filing Flows › Korn Ferry (KFY) › Q3 FY25
Korn Ferry (KFY) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 11, 2025
Korn Ferry (KFY) reported revenue of $677M for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and -0.8% from the quarter before. Operating margin was 11.6%, net earnings $58.4M (8.6% of revenue).
Korn Ferry, Q3 FY25: revenue $677M (0% year over year), operating margin 11.6%, net earnings $58.4M, operating cash flow $214M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $677M | -0.8% | 0% |
| Operating profit | $78.2M | -11% | +57% |
| Net earnings | $58.4M | -4% | -1% |
| Operating cash flow | $214M | +75% | +30% |
| Free cash flow | $196M | +82% | +29% |
What changed
Revenue was $676.5M in Q3 FY25, roughly flat year over year and down 1% from the previous quarter. Industrial was the largest line at 29% of revenue. Consumer Goods lost $13.5M year over year (down 14%), 4027% of the total change.
Operating profit was $78.2M, a 11.6% margin (up 4.2 points year over year). Total costs fell 5% while revenue was flat. Net earnings were $58.4M, down 1% year over year. The effective tax rate was 27.8%.
Operating cash flow was $213.7M (up 30% year over year), 360% of net earnings. Non-cash charges added back $20.5M of depreciation and amortization and $11.3M of share-based compensation. Working capital and other items added $122.6M. Capital expenditures of $17.4M left free cash flow of $196.4M.
Questions
What was Korn Ferry's revenue in the third quarter fiscal 2025?
Korn Ferry (KFY) reported revenue of $677M for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and -0.8% from the quarter before.
Was Korn Ferry profitable in the third quarter fiscal 2025?
Operating profit was $78.2M (11.6% of revenue) and net earnings $58.4M.
Source: Korn Ferry 10-Q on SEC EDGAR.