FTI Consulting(NYSE) FCN

FTI Consulting helps businesses manage change and solve financial problems. It gives expert advice to leaders facing big crises or transformations. These services help organizations protect their reputation and value.

How the Firm Solves Problems

• Corporate Finance: Support for company restructuring, business sales, and internal changes; brought in $409.5 million in revenue during Q1 2026.
• Forensic and Litigation: Fact-finding for legal cases and risk investigations; generated $192.9 million in revenue in the first quarter of 2026. (Forensic services use technical methods to find facts for legal disputes).
• Economic Consulting: Expert analysis of market competition and financial issues; contributed $175.6 million to Q1 2026 revenue through subsidiaries like Compass Lexecon LLC.
• Technology: Digital data management and artificial intelligence tools; provided $102.3 million in revenue in Q1 2026. (This includes e-discovery, which is the process of finding digital evidence for lawsuits).
• Strategic Communications: Advice on managing public reputation and business crises; accounted for $103.0 million in Q1 2026 revenue.

Growing the Expertise

• Increased the stock repurchase program by $500 million to a total authorization of $2.2 billion on October 21, 2025.
• Entered an agreement on March 17, 2026, to provide for a $300 million Incremental Term Loan to support capital needs.
• Expanded the global workforce to reach a total of 8,170 employees by March 31, 2026.
• Acquired specialized billable staff across all segments, reaching 6,467 billable professionals by the end of Q1 2026.

A Global Brain Trust

The firm maintains a multidisciplinary workforce with deep expertise in highly regulated industries and complex global crises. It leverages proprietary technology and data analytics to support investigation and dispute advisory services across its five core business segments.

Q1 2026 Performance

• Revenue reached $983.3 million in Q1 2026, up 9.5% from $898.3 million in Q1 2025.
• Net income hit $57.6 million in Q1 2026, down 6.8% from $61.8 million in the previous year.
• Operating cash flow was a deficit of $310.0 million in Q1 2026, which improved 33.4% from a $465.2 million deficit in Q1 2025.
• The Corporate Finance segment saw operating income rise 108.1% to $85.2 million in Q1 2026.

Bottom Line

FTI Consulting has evolved from a specialized forensic firm into a broad global advisory business handling financial, legal, and operational challenges. Its multi-segment approach allows it to provide specialized expertise across diverse economic environments and complex regulatory landscapes.