FTI Consulting, Inc. (NYSE: FCN) moved up Thursday on financial results for the third quarter ended September 30, 2025.
Q3 2025 revenues proved to be $956.2 million increased $30.1 million, or 3.3%, compared to revenues of $926.0 million in the prior year quarter. Excluding the estimated positive impact of foreign currency translation, revenues increased $19.8 million, or 2.1%, compared to the prior year quarter.
The increase in revenues was driven by record quarterly revenues in the Corporate Finance & Restructuring and Forensic and Litigation Consulting segments, which was partially offset by lower revenues in the Economic Consulting and Technology segments.
Net income of $82.8 million compared to $66.5 million in the prior year quarter. The increase in net income was primarily due to higher revenues, lower selling, general and administrative expenses and an FX remeasurement gain compared to a loss in the prior year quarter.
Adjusted EBITDA of $130.6 million, or 13.7% of revenues, compared to $102.9 million, or 11.1% of revenues, in the prior year quarter. Third quarter 2025 earnings per diluted share of $2.60 compared to $1.85 in the prior year quarter.
CEO Steven H. Gunby commented, “Notwithstanding major headwinds in a couple of our businesses, we delivered, yet again, record revenues and earnings this quarter. These tremendous results, to me, confirm once again the power of our team and the strength of our continued commitment to invest behind great professionals who help clients navigate their most significant opportunities and challenges.”
FTI shares gathered $2.85, or 1.8%, to $158.65.
