Filing Flows › Korn Ferry (KFY) › Q4 FY25
Korn Ferry (KFY) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jun 27, 2025
Korn Ferry (KFY) reported revenue of $720M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +6% from the quarter before. Operating margin was 14.5%, net earnings $64.2M (8.9% of revenue).
Korn Ferry, Q4 FY25: revenue $720M (+3% year over year), operating margin 14.5%, net earnings $64.2M, operating cash flow $256M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $720M | +6% | +3% |
| Operating profit | $105M | +34% | +25% |
| Net earnings | $64.2M | +10% | -1% |
| Operating cash flow | $256M | +20% | -2% |
| Free cash flow | $236M | +20% | -6% |
What changed
Revenue was $719.8M in Q4 FY25, up 3% year over year and up 6% from the previous quarter. Fee revenue was the largest line at 99% of revenue.
Operating profit was $104.6M, a 14.5% margin (up 2.6 points year over year). Of the extra revenue versus a year earlier, 106% reached operating profit, above the 12% margin then. Total costs fell 0% while revenue rose 3%. Net earnings were $64.2M, down 1% year over year. The effective tax rate was 26.8%.
Operating cash flow was $255.8M (down 2% year over year), 393% of net earnings. Non-cash charges added back $20.5M of depreciation and amortization and $14.5M of share-based compensation. Working capital and other items added $155.6M. Capital expenditures of $20.3M left free cash flow of $235.5M.
Questions
What was Korn Ferry's revenue in the fourth quarter fiscal 2025?
Korn Ferry (KFY) reported revenue of $720M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +6% from the quarter before.
Was Korn Ferry profitable in the fourth quarter fiscal 2025?
Operating profit was $105M (14.5% of revenue) and net earnings $64.2M.
Source: Korn Ferry 10-K on SEC EDGAR.