Korn Ferry (KFY) Earnings: Q1 Fiscal 2027 Results and Next Report Date

Last updated November 2026

Short answer

Korn Ferry reported revenue of $765 million for Q1 fiscal 2027, up 7% from a year earlier (Korn Ferry, Sep 9, 2026). Diluted EPS was $1.32, up 5% from $1.26. Americas brought in $442 million, up 9%. Korn Ferry next reports around December 8, 2026 (an estimated date). Every figure is from Korn Ferry's release. Walnut is informational, not investment advice.

KFY Q1 fiscal 2027 results

In one sentence

Korn Ferry reported revenue of $765 million for Q1 fiscal 2027, up 7% from a year earlier (Korn Ferry, Sep 9, 2026).

MeasureQ1 fiscal 2027Q1 fiscal 2026Change
Revenue$765 million$716 millionup 7%
Diluted EPS (GAAP)$1.32$1.26up 5%
Diluted EPS (adjusted diluted)$1.43$1.31up 9%
Net income$69.0 million$66.6 millionup 4%

The quarter ended July 31, 2026 and Korn Ferry published the results on September 9, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. Korn Ferry reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted diluted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Korn Ferry's fiscal year ends April 30, so Q1 fiscal 2027 covers May through July 2026.
  • Revenue here is total revenue, which is fee revenue plus reimbursed out-of-pocket engagement expenses. Korn Ferry leads its results with fee revenue, $756.5 million in the quarter.
  • From fiscal 2027 Korn Ferry reports three geographic segments (Americas, EMEA, APAC) in place of its earlier solution-based segments.
  • Korn Ferry completed the $1.2 billion acquisition of AMS on September 1, 2026, after the quarter closed, so AMS is not in Q1 results.

Source: Korn Ferry Q1 fiscal 2027 results, September 9, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

KFY revenue by segment

How Korn Ferry splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

Fee revenue by region (reportable segments)Q1 fiscal 2027Q1 fiscal 2026Change
Americas$442 million$404 millionup 9%
EMEA$228 million$219 millionup 4%
APAC$86.7 million$85.5 millionup 1%
Reimbursed out-of-pocket engagement expenses$8.1 million$6.9 millionup 17%
  • Korn Ferry's Americas revenue was $442 million in Q1 fiscal 2027, up 9% from $404 million in Q1 fiscal 2026, 58% of total revenue.
  • Korn Ferry's EMEA revenue was $228 million in Q1 fiscal 2027, up 4% from $219 million in Q1 fiscal 2026, 30% of total revenue.
  • Korn Ferry's APAC revenue was $86.7 million in Q1 fiscal 2027, up 1% from $85.5 million in Q1 fiscal 2026, 11% of total revenue.
  • Korn Ferry's Reimbursed out-of-pocket engagement expenses revenue was $8.1 million in Q1 fiscal 2027, up 17% from $6.9 million in Q1 fiscal 2026, 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Korn Ferry's outlook for Q2 fiscal 2027

From the earnings release

The outlook includes AMS, acquired on September 1, 2026, for September and October. Korn Ferry gives no GAAP EPS outlook.

In its Q1 fiscal 2027 release, Korn Ferry said:

“Q2 FY'27 fee revenue is expected to be in the range of $860 million and $878 million;”

“Q2 FY'27 adjusted EBITDA margin is expected to range from 16.8% to 17.2%; and”

“Q2 FY'27 adjusted diluted earnings per share is expected to be in the range from $1.30 to $1.40.”

Source: Korn Ferry Q1 FY27 release, Sep 9, 2026.

This is the company's own guidance as of Sep 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the KFY forecast page.

KFY recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Jul 31, 2026
$765 million$1.32Sep 9, 2026
Q4 fiscal 2026
ended Apr 30, 2026
$768 million$1.39Jun 23, 2026
Q3 fiscal 2026
ended Jan 31, 2026
$725 million$1.23Mar 9, 2026
Q2 fiscal 2026
ended Oct 31, 2025
$730 million$1.36Dec 9, 2025
Q1 fiscal 2026
ended Jul 31, 2025
$716 million$1.26Sep 9, 2025

GAAP total revenue and diluted EPS, each as first reported in that quarter's release.

When does KFY report earnings next?

Korn Ferry's next report is expected around December 8, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q1 fiscal 2027 until those results are out and have been checked against the release.

Past Korn Ferry quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q1 fiscal 2027 (this page), reported Sep 9, 2026

What Korn Ferry's revenue is made of

Korn Ferry reported fee revenue of $756.5 million in Q1 fiscal 2027, up 7% at both actual and constant currency, and total revenue of $764.6 million including reimbursed engagement expenses. By solution group, Search brought in $307.9 million (up 10.4%), Talent & Organizational Solutions $259.2 million (flat) and Workforce Solutions $189.4 million (up 11.1%). Korn Ferry called it its sixth consecutive quarter of top-line growth. (Korn Ferry Q1 FY27 release, Sep 9, 2026)

Search covers Executive Search and Professional Search; Talent & Organizational Solutions covers Consulting and Digital; Workforce Solutions covers Recruitment Process Outsourcing and Interim. A search fee is generally one-third of the placed candidate's estimated first-year cash compensation, recognized over the course of the search. Consulting revenue is recognized by hours incurred, and in fiscal 2026 Consulting served over 4,300 clients at an average bill rate of $458 per hour. (Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026; Korn Ferry Form 10-K, fiscal 2026, Jun 26, 2026)

The Americas grew fastest: fee revenue rose 9% to $442.1 million, with Search and Workforce Solutions each up 14%. EMEA rose 4% to $227.7 million, led by Workforce Solutions (up 8%), and APAC rose 1% to $86.7 million, where a 7% increase in Search offset declines elsewhere. (Korn Ferry Q1 FY27 release, Sep 9, 2026; Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026)

Korn Ferry's 350 Marquee and Diamond accounts made up almost 40% of consolidated fee revenue as of July 31, 2026. New business awarded in the quarter was $832.3 million, against $742.2 million a year earlier, and estimated remaining fees under existing contracts were $1,915.0 million, up 14%. (Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026; Korn Ferry Q1 FY27 release, Sep 9, 2026)

What Korn Ferry's EPS includes

Korn Ferry's diluted EPS was $1.32 in Q1 fiscal 2027, up 5% from $1.26, and adjusted diluted EPS was $1.43, up 9% from $1.31. The only adjustment this quarter was $7.6 million of integration and acquisition costs, worth $0.15 a share before a $0.04 tax effect; a year earlier the adjustments also included $2.0 million of accelerated depreciation on a digital technology platform being sunset. (Korn Ferry Q1 FY27 release, Sep 9, 2026)

Net income attributable to Korn Ferry rose to $69.0 million, a 9.1% margin, from $66.6 million. Compensation and benefits rose $16.0 million, including $9.8 million more severance-related expense, and other income fell to $5.1 million from $12.8 million. The effective tax rate was 26.2%, against 27.2%. (Korn Ferry Q1 FY27 release, Sep 9, 2026; Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026)

Diluted weighted-average shares fell to 51.3 million from 52.4 million. Korn Ferry made no open-market repurchases in the quarter, against 145,770 shares for $9.9 million a year earlier, and raised its quarterly dividend to $0.55 from $0.48. The AMS deal, which closed after quarter end, included 3,118,628 newly issued Korn Ferry shares. (Korn Ferry Q1 FY27 release, Sep 9, 2026; Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Korn Ferry

Korn Ferry gives a one-quarter outlook in its release, on an adjusted basis. For Q2 fiscal 2027 it expects fee revenue of $860 million to $878 million, an adjusted EBITDA margin of 16.8% to 17.2% and adjusted diluted EPS of $1.30 to $1.40. That outlook includes AMS for September and October, along with two months of added amortization, interest expense and shares from the deal. (Korn Ferry Q1 FY27 release, Sep 9, 2026)

AMS, a UK-headquartered recruitment process outsourcing and contingent workforce firm, cost $1.2 billion: $0.9 billion in cash and $0.3 billion in Korn Ferry stock. Korn Ferry says it is not giving a GAAP EPS outlook because it cannot estimate AMS integration and acquisition costs. (Korn Ferry Form 10-Q, Q1 FY27, Sep 9, 2026; Korn Ferry Q1 FY27 release, Sep 9, 2026)

A consensus figure is the average of the models published by the analysts who cover Korn Ferry, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Korn Ferry

The figures below are the ones Korn Ferry's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

MetricLatest reported
Fee revenue
$756.5 million, up 7%
Same growth at constant currency
Adjusted EBITDA margin
17.0%, flat
Adjusted EBITDA $128.2 million; Americas margin 26.3%
New business
$832.3 million, up from $742.2 million
Estimated remaining fees under existing contracts
$1,915.0 million, up 14%
Fee earners
1,811, against 1,830
New business productivity per fee earner $1.8 million, up from $1.6 million

What the quarter means for a holding is a separate question from what it reported. The case for and against owning KFY is on is KFY a buy or a sell?, what analysts expect next is on the KFY forecast, and what the company does is on the Korn Ferry (KFY) stock page.

How to check KFY's figures yourself

Every number on this page can be traced to a document Korn Ferry published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Korn Ferry

Ask Walnut's AI anything about KFY and see how it fits what you own.

FAQ

What was Korn Ferry's revenue last quarter?

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Korn Ferry reported revenue of $765 million for Q1 fiscal 2027, the quarter ended July 31, 2026, against $716 million in Q1 fiscal 2026 (up 7%). The figures come from Korn Ferry's results release of September 9, 2026.

What were KFY's earnings per share for Q1 fiscal 2027?

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Diluted EPS was $1.32 on a GAAP basis, against $1.26 a year earlier. On Korn Ferry's adjusted diluted basis it was $1.43, against $1.31. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did Korn Ferry give for Q2 fiscal 2027?

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The outlook includes AMS, acquired on September 1, 2026, for September and October. Korn Ferry gives no GAAP EPS outlook. In its Q1 fiscal 2027 release, Korn Ferry said: "Q2 FY'27 fee revenue is expected to be in the range of $860 million and $878 million; Q2 FY'27 adjusted EBITDA margin is expected to range from 16.8% to 17.2%; and Q2 FY'27 adjusted diluted earnings per share is expected to be in the range from $1.30 to $1.40." That is the company's own outlook as of Sep 9, 2026, and companies revise outlooks as the quarter goes on.

When does KFY report earnings next?

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Korn Ferry's next report is expected around December 8, 2026, a date estimated from its reporting history that the company has not confirmed. This page carries Q1 fiscal 2027 until those results are out and checked against the release.

Where does Korn Ferry's revenue come from?

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Korn Ferry's Americas revenue was $442 million in Q1 fiscal 2027, up 9% from $404 million in Q1 fiscal 2026, 58% of total revenue. Korn Ferry's EMEA revenue was $228 million in Q1 fiscal 2027, up 4% from $219 million in Q1 fiscal 2026, 30% of total revenue. Korn Ferry's APAC revenue was $86.7 million in Q1 fiscal 2027, up 1% from $85.5 million in Q1 fiscal 2026, 11% of total revenue. Korn Ferry's Reimbursed out-of-pocket engagement expenses revenue was $8.1 million in Q1 fiscal 2027, up 17% from $6.9 million in Q1 fiscal 2026, 1% of total revenue. These are the lines of Korn Ferry's own "fee revenue by region (reportable segments)" table for Q1 fiscal 2027.

How much did Korn Ferry's revenue grow last quarter?

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Up 7% on the year: $765 million in Q1 fiscal 2027 against $716 million in Q1 fiscal 2026. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Korn Ferry's business do not distort it.

What is the difference between Korn Ferry's GAAP and adjusted diluted EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Korn Ferry's adjusted diluted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q1 fiscal 2027 the two were $1.32 and $1.43. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Why is Korn Ferry's quarter called Q1 fiscal 2027?

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Korn Ferry's fiscal year does not follow the calendar year, so Q1 fiscal 2027 is the quarter that ended July 31, 2026. When you compare KFY with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.

Where do the KFY numbers on this page come from?

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From Korn Ferry's own results release and its Form 10-Q for the quarter ended July 31, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Korn Ferry's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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