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FTI Consulting FCN Technology — Direct Operating Costs

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Other financials

Income statement

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Revenue$983.3M+9.5%
Gross profit$306.8M+6.0%
Operating income$83.9M+6.6%
Net income$57.6M-6.8%
EPS (diluted)$1.90+9.2%

Balance sheet

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Cash & equivalents$198.3M+31.2%
Total debt$1.0B+155%
Total equity$1.7B-22.7%
Total assets$3.5B+4.7%

Cash flow

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Operating cash flow-$310.0M+33.4%
CapEx$10.6M-40.4%
Free cash flow-$320.6M+33.6%

Valuation

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Market cap$4.39B-8.3%

Profitability

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Gross margin31.9%0.0pp
Operating margin10.2%+1.3pp
Net margin6.9%-0.3pp
FCF margin4.3%-0.4pp

Returns & leverage

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Return on equity14%+1.5pp
Debt / equity0.6×+0.4×
Current ratio2.3×+0.1×

Where this comes from

Reported directly by FTI Consulting in its filing.

Tagged under the XBRL concept us-gaap:DirectOperatingCosts.

The official record: FTI Consulting’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTI Consulting's technology — direct operating costs?
FTI Consulting (FCN) reported technology — direct operating costs of $69.02M in Q1 2026.
How has FTI Consulting's technology — direct operating costs changed year-over-year?
FTI Consulting's technology — direct operating costs increased by 7.4% year-over-year, from $64.26M to $69.02M.
What is the long-term trend for FTI Consulting's technology — direct operating costs?
Over 3 years (2022 to 2025), FTI Consulting's technology — direct operating costs has grown at a 6.6% compound annual growth rate (CAGR), from $206.61M to $249.95M.
What does technology — direct operating costs mean?
The aggregate expenses directly attributable to the delivery of services within the technology segment, excluding general corporate overhead. This metric is essential for calculating the segment's direct contribution margin and operational cost structure.