Filing Flows › Korn Ferry (KFY) › Q3 FY26
Korn Ferry (KFY) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 11, 2026
Korn Ferry (KFY) reported revenue of $725M for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and -0.7% from the quarter before. Operating margin was 12.6%, net earnings $65.3M (9.0% of revenue).
Korn Ferry, Q3 FY26: revenue $725M (+7% year over year), operating margin 12.6%, net earnings $65.3M, operating cash flow $233M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $725M | -0.7% | +7% |
| Operating profit | $91.0M | -8% | +16% |
| Net earnings | $65.3M | -10% | +12% |
| Operating cash flow | $233M | +92% | +9% |
| Free cash flow | $212M | +110% | +8% |
What changed
Revenue was $725.0M in Q3 FY26, up 7% year over year and down 1% from the previous quarter. Industrial was the largest line at 31% of revenue. Industrial added $27.3M year over year (up 14%), 56% of the total change. Education/Non–Profit/General declined 3%.
Operating profit was $91.0M, a 12.6% margin (up 1.0 points year over year). Of the extra revenue versus Q3 FY25, 26% reached operating profit, above the 12% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $65.3M, up 12% year over year. The effective tax rate was 28.7%.
Operating cash flow was $233.5M (up 9% year over year), 353% of net earnings. Non-cash charges added back $23.0M of depreciation and amortization and $12.2M of share-based compensation. Working capital and other items added $132.2M. Capital expenditures of $21.7M left free cash flow of $211.7M.
Questions
What was Korn Ferry's revenue in the third quarter fiscal 2026?
Korn Ferry (KFY) reported revenue of $725M for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and -0.7% from the quarter before.
Was Korn Ferry profitable in the third quarter fiscal 2026?
Operating profit was $91.0M (12.6% of revenue) and net earnings $65.3M.
Source: Korn Ferry 10-Q on SEC EDGAR.