FTI Consulting, Inc. (FCN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 983.35M | 990.75M | 956.17M | 943.66M | 898.28M | 894.92M | 926.02M | 949.16M | 928.55M | 924.68M | 893.26M | 864.59M | 806.71M | 774.43M | 775.87M | 754.99M | 723.62M | 676.23M | 702.23M | 711.49M |
| Revenue Growth % | 9.47% | 10.71% | 3.26% | -0.58% | -3.26% | -3.22% | 3.67% | 9.78% | 15.1% | 19.4% | 15.13% | 14.52% | 11.48% | 14.52% | 10.49% | 6.11% | 5.44% | 7.92% | 12.85% | 17.05% |
| Cost of Goods Sold | 676.52M | 683.71M | 639.01M | 642.19M | 609.95M | 624.86M | 628.08M | 638.83M | 627.05M | 613.81M | 598.8M | 588.09M | 553.51M | 526.14M | 526.65M | 520.08M | 493.1M | 484.13M | 472.24M | 490.72M |
| COGS % of Revenue | 68.8% | 69.01% | 66.83% | 68.05% | 67.9% | 69.82% | 67.83% | 67.31% | 67.53% | 66.38% | 67.04% | 68.02% | 68.61% | 67.94% | 67.88% | 68.89% | 68.14% | 71.59% | 67.25% | 68.97% |
| Gross Profit | 306.83M | 307.04M | 317.15M | 301.47M | 288.34M | 270.06M | 297.94M | 310.33M | 301.5M | 310.88M | 294.46M | 276.5M | 253.2M | 248.29M | 249.21M | 234.91M | 230.52M | 192.1M | 229.99M | 220.76M |
| Gross Margin % | 31.2% | 30.99% | 33.17% | 31.95% | 32.1% | 30.18% | 32.17% | 32.7% | 32.47% | 33.62% | 32.96% | 31.98% | 31.39% | 32.06% | 32.12% | 31.11% | 31.86% | 28.41% | 32.75% | 31.03% |
| Gross Profit Growth % | 6.41% | 13.69% | 6.45% | -2.85% | -4.37% | -13.13% | 1.18% | 12.24% | 19.08% | 25.21% | 18.16% | 17.7% | 9.84% | 29.25% | 8.36% | 6.41% | 5.81% | 3.11% | 12.15% | 13.3% |
| Operating Expenses | 222.3M | 213.6M | 199.48M | 202.2M | 184.34M | 217.31M | 207.05M | 207.31M | 202.89M | 195.85M | 187.43M | 187.79M | 186.4M | 175.64M | 161.5M | 170.68M | 151.24M | 141.08M | 141.46M | 136.78M |
| OpEx % of Revenue | 22.61% | 21.56% | 20.86% | 21.43% | 20.52% | 24.28% | 22.36% | 21.84% | 21.85% | 21.18% | 20.98% | 21.72% | 23.11% | 22.68% | 20.82% | 22.61% | 20.9% | 20.86% | 20.14% | 19.23% |
| Selling, General & Admin | 222.3M | 213.6M | 199.48M | 202.2M | 184.34M | 208.05M | 206M | 206.24M | 201.87M | 194.63M | 186.09M | 186.37M | 184.21M | 164.97M | 159.19M | 167.94M | 148.97M | 138.77M | 138.6M | 133.93M |
| SG&A % of Revenue | 22.61% | 21.56% | 20.86% | 21.43% | 20.52% | 23.25% | 22.25% | 21.73% | 21.74% | 21.05% | 20.83% | 21.56% | 22.84% | 21.3% | 20.52% | 22.24% | 20.59% | 20.52% | 19.74% | 18.82% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 83.92M | 93.44M | 117.67M | 99.26M | 104M | 52.74M | 90.89M | 104.09M | 99.63M | 115.02M | 107.03M | 88.71M | 66.8M | 72.66M | 87.71M | 64.23M | 79.28M | 51.03M | 88.53M | 83.98M |
| Operating Margin % | 8.53% | 9.43% | 12.31% | 10.52% | 11.58% | 5.89% | 9.82% | 10.97% | 10.73% | 12.44% | 11.98% | 10.26% | 8.28% | 9.38% | 11.3% | 8.51% | 10.96% | 7.55% | 12.61% | 11.8% |
| Operating Income Growth % | -19.31% | 77.15% | 29.46% | -4.64% | 4.39% | -54.14% | -15.08% | 17.34% | 49.15% | 58.31% | 22.03% | 38.1% | -15.74% | 42.38% | -0.93% | -23.51% | -10.43% | -28.07% | 21.16% | 28.02% |
| EBITDA | 96.82M | 106.24M | 130.57M | 111.64M | 115.16M | 65.51M | 102.95M | 115.92M | 111.07M | 127.39M | 118.75M | 100.23M | 78.43M | 83.83M | 98.97M | 76.16M | 90.45M | 61.98M | 100.26M | 95.44M |
| EBITDA Margin % | 9.85% | 10.72% | 13.66% | 11.83% | 12.82% | 7.32% | 11.12% | 12.21% | 11.96% | 13.78% | 13.29% | 11.59% | 9.72% | 10.82% | 12.76% | 10.09% | 12.5% | 9.16% | 14.28% | 13.41% |
| EBITDA Growth % | -15.93% | 62.16% | 26.83% | -3.69% | 3.68% | -48.57% | -13.31% | 15.65% | 41.63% | 51.96% | 19.98% | 31.6% | -13.29% | 35.27% | -1.28% | -20.2% | -9.06% | -25.23% | 19.62% | 25.91% |
| D&A (Non-Cash Add-back) | 12.9M | 12.8M | 12.9M | 12.38M | 11.16M | 12.77M | 12.06M | 11.83M | 11.44M | 12.37M | 11.72M | 11.52M | 11.63M | 11.18M | 11.27M | 11.93M | 11.18M | 10.95M | 11.73M | 11.46M |
| EBIT | 83.92M | 93.44M | 117.67M | 99.26M | 104M | 60.52M | 90.89M | 106M | 101.21M | 106.93M | 112.18M | 88.71M | 66.8M | 66.16M | 95.48M | 67.23M | 79.28M | 51.92M | 93.71M | 83.98M |
| Net Interest Income | -5.37M | -7.54M | -7.63M | -5.26M | -968K | -716K | -1.2M | -3.32M | -1.72M | -3.9M | -4.47M | -3.02M | -2.94M | -2.58M | -2.38M | -2.45M | -2.64M | -5.13M | -5.07M | -5.29M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -6.45M | 7.54M | 7.63M | 5.26M | 968K | 716K | 1.2M | 3.32M | 1.72M | 3.9M | 4.47M | 3.02M | 2.94M | 2.58M | 2.38M | 2.45M | 2.64M | 5.13M | 5.07M | 5.29M |
| Other Income/Expense | -5.37M | -6.67M | -5.94M | -7.33M | -23.42M | 7.06M | -2.11M | -1.41M | -138K | -11.98M | 673K | -3.61M | -4.28M | -9.08M | 5.39M | 546K | -2.99M | -4.23M | 102K | -6.21M |
| Pretax Income | 78.55M | 86.76M | 111.73M | 91.94M | 80.58M | 59.81M | 88.79M | 102.68M | 99.5M | 103.04M | 107.7M | 85.1M | 62.52M | 63.58M | 93.1M | 64.78M | 76.29M | 46.8M | 88.64M | 77.77M |
| Pretax Margin % | 7.99% | 8.76% | 11.68% | 9.74% | 8.97% | 6.68% | 9.59% | 10.82% | 10.72% | 11.14% | 12.06% | 9.84% | 7.75% | 8.21% | 12% | 8.58% | 10.54% | 6.92% | 12.62% | 10.93% |
| Income Tax | 20.91M | 32.23M | 28.91M | 20.24M | 18.76M | 10.1M | 22.32M | 18.73M | 19.53M | 21.4M | 24.39M | 22.71M | 14.97M | 16.08M | 15.84M | 13.35M | 16.97M | 8.59M | 19.16M | 14.99M |
| Effective Tax Rate % | 26.63% | 37.15% | 25.88% | 22.02% | 23.28% | 16.88% | 25.14% | 18.25% | 19.63% | 20.77% | 22.64% | 26.68% | 23.95% | 25.29% | 17.01% | 20.61% | 22.24% | 18.35% | 21.61% | 19.28% |
| Net Income | 57.63M | 54.53M | 82.82M | 71.7M | 61.82M | 49.71M | 66.47M | 83.95M | 79.97M | 81.63M | 83.32M | 62.4M | 47.55M | 47.5M | 77.27M | 51.43M | 59.32M | 38.21M | 69.48M | 62.78M |
| Net Margin % | 5.86% | 5.5% | 8.66% | 7.6% | 6.88% | 5.55% | 7.18% | 8.84% | 8.61% | 8.83% | 9.33% | 7.22% | 5.89% | 6.13% | 9.96% | 6.81% | 8.2% | 5.65% | 9.89% | 8.82% |
| Net Income Growth % | -6.78% | 9.7% | 24.6% | -14.59% | -22.69% | -39.11% | -20.23% | 34.54% | 68.18% | 71.87% | 7.83% | 21.32% | -19.85% | 24.31% | 11.21% | -18.08% | -8.02% | -31.27% | 38.48% | 30.32% |
| Net Income (Continuing) | 57.63M | 54.53M | 82.82M | 71.7M | 61.82M | 49.71M | 66.47M | 83.95M | 79.97M | 81.63M | 83.32M | 62.4M | 47.55M | 47.5M | 77.27M | 51.43M | 59.32M | 38.21M | 69.48M | 62.78M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.81 | 1.78 | 2.60 | 2.13 | 1.74 | 1.38 | 1.85 | 2.34 | 2.23 | 2.28 | 2.34 | 1.75 | 1.34 | 1.33 | 2.15 | 1.43 | 1.66 | 1.07 | 1.96 | 1.77 |
| EPS Growth % | 4.02% | 28.99% | 40.54% | -8.97% | -21.97% | -39.47% | -20.94% | 33.71% | 66.42% | 71.43% | 8.84% | 22.38% | -19.28% | 24.3% | 9.69% | -19.21% | -9.78% | -31.85% | 45.19% | 39.37% |
| EPS (Basic) | 1.83 | 1.80 | 2.63 | 2.16 | 1.76 | 1.41 | 1.88 | 2.38 | 2.29 | 2.34 | 2.44 | 1.87 | 1.43 | 1.42 | 2.15 | 1.43 | 1.66 | 1.14 | 2.07 | 1.88 |
| Diluted Shares Outstanding | 31.85M | 30.68M | 31.82M | 33.59M | 35.5M | 35.84M | 35.89M | 35.84M | 35.79M | 35.78M | 35.66M | 35.65M | 35.48M | 35.66M | 35.92M | 35.91M | 35.65M | 35.55M | 35.36M | 35.37M |
| Basic Shares Outstanding | 31.49M | 30.35M | 31.52M | 33.26M | 35.05M | 35.21M | 35.31M | 35.22M | 34.98M | 34.89M | 34.13M | 33.36M | 33.3M | 33.55M | 35.92M | 35.91M | 35.65M | 33.52M | 33.49M | 33.46M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |