What are FTI Consulting's profit margins?

Gross margin is 31.9% and operating margin is 10.2%, with a 6.9% net margin.

Where does FTI Consulting's income statement data come from?

Every line is extracted from FTI Consulting's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

FTI Consulting FCN Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$3.87B+2.2%	$3.79B+2.6%	$3.69B+0.8%	$3.66B-0.1%	$3.67B-0.8%
Total cost of revenue	$2.64B+2.6%	$2.57B+2.3%	$2.51B+0.4%	$2.5B+0.1%	$2.5B-0.7%
Gross profit	$1.23B+1.4%	$1.22B+3.2%	$1.18B+1.7%	$1.16B-0.8%	$1.17B-1.1%
Gross margin	31.9%-0.3pp	32.1%+0.2pp	31.9%+0.3pp	31.7%-0.2pp	31.9%-0.1pp
Selling, general and administrative	$837.59M+4.7%	$799.62M+0.7%	$794.07M-0.8%	$800.59M-0.5%	$804.62M-2.1%
Compensation and benefits	$40.18M+2.2%	$39.32M+0.4%	$39.16M-2.1%	$40.01M+1.6%	$39.38M+2.4%
Occupancy and equipment	$52.01M+0.4%	$51.78M+0.6%	$51.47M+0.5%	$51.19M+1.2%	$50.58M+0.1%
Advertising	——	$26.8M-0.2%	$26.85M-0.2%	$26.9M-0.2%	$26.95M-0.2%
Depreciation and amortization	$47.91M+4.7%	$45.76M+1.0%	$45.33M+2.5%	$44.21M+1.3%	$43.63M-0.6%
Provision for credit losses	$42.91M+0.2%	$42.84M-10.3%	$47.75M+12.9%	$42.3M-8.3%	$46.11M-8.4%
Restructuring charges	$0-100%	$25.3M-24.5%	$33.5M0.0%	$33.5M0.0%	$33.5M+308%
Other operating expenses	——	-$5.59M-127%	-$2.46M-470%	$666.5K-82.4%	$3.8M-45.2%
Total costs & expenses	$3.48B+2.3%	$3.4B+1.6%	$3.34B+0.1%	$3.34B0.0%	$3.34B-0.3%
Operating income	$394.29M+1.3%	$389.08M+11.7%	$348.39M+8.3%	$321.61M-1.5%	$326.44M-6.0%
Operating margin	10.2%-0.1pp	10.3%+0.8pp	9.4%+0.7pp	8.8%-0.1pp	8.9%-0.5pp
Interest expense	$26.87M+25.6%	$21.4M+46.8%	$14.58M+79.1%	$8.14M+31.3%	$6.2M-10.8%
Other income (expense), net	-$25.31M-40.1%	-$18.07M-317%	-$4.33M-777%	-$494K-109%	$5.42M+59.0%
Income before income taxes	$368.98M-0.5%	$371.01M+7.8%	$344.06M+7.1%	$321.11M-3.2%	$331.86M-5.4%
Income tax expense	$102.3M+2.2%	$100.14M+28.4%	$78.01M+9.2%	$71.42M+2.2%	$69.91M-1.1%
Net income	$266.68M-1.5%	$270.87M+1.8%	$266.05M+6.5%	$249.7M-4.7%	$261.95M-6.5%
Net margin	6.9%-0.3pp	7.1%-0.1pp	7.2%+0.4pp	6.8%-0.3pp	7.1%-0.4pp
Diluted earnings per share	$8.44+1.9%	$8.28+5.5%	$7.85+10.6%	$7.10-2.9%	$7.31-6.3%
Basic earnings per share	$8.54+1.9%	$8.38+5.3%	$7.96+10.4%	$7.21-3.0%	$7.43-6.7%
Weighted-average shares, diluted	128.6M-3.9%	133.8M-2.2%	136.8M-2.9%	140.8M-1.6%	143.1M-0.2%
Weighted-average shares, basic	127.3M-3.8%	132.4M-2.0%	135M-2.7%	138.8M-1.4%	140.8M+0.1%
Separation costs	$0-100%	$25.3M-24.5%	$33.53M0.0%	$33.53M0.0%	$33.53M+307%
Interest income and other	$1.56M-53.1%	$3.33M-67.5%	$10.25M+34.0%	$7.64M-34.2%	$11.62M+12.2%
Interest Income (Expense), Nonoperating	——	$7.06M-4.7%	$7.41M-4.5%	$7.76M-4.3%	$8.12M-4.2%
Reclassification of negative additional paid-in capital	$0—	$0—	——	——	——
Share-based compensation expense related to employee stock plans	$40.18M+2.2%	$39.32M+0.4%	$39.16M-2.1%	$40.01M+1.6%	$39.38M+2.4%
Advertising costs	——	$26.8M-0.2%	$26.85M-0.2%	$26.9M-0.2%	$26.95M-0.2%
Pre-tax stock-based compensation cost	$44.16M+5.9%	$41.71M+3.2%	$40.43M-1.8%	$41.17M-0.3%	$41.27M-2.2%
Accounts Receivable, Allowance for Credit Loss, Writeoff	$26.96M-13.2%	$31.08M—	——	——	——
Amortization of capitalized software and acquired intangible assets	$3.07M-11.6%	$3.48M-10.4%	$3.88M-6.6%	$4.16M-0.6%	$4.18M0.0%
Amortization of notes receivable	$86.77M+17.9%	$73.6M+14.2%	$64.44M+12.8%	$57.11M+16.1%	$49.17M-4.7%
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1	——	——	——	——	——
Capital investments accrued but not yet paid	——	——	——	——	$7.32M+179%
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	——	-$92.84M-126%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$289.02M-9.1%	$317.84M+18.7%	$267.77M-6.1%	$285.08M+8.9%	$261.84M+3.1%
Impact to revenue from performance obligations satisfied (or partially satisfied) in previous periods	$33.5M-13.7%	$38.8M+14.1%	$34M-7.9%	$36.9M+14.2%	$32.3M+15.8%
Federal	——	$24.6M-5.8%	$26.12M-5.5%	$27.64M-5.2%	$29.17M-5.0%
Foreign	——	$28.86M-7.6%	$31.24M-7.1%	$33.61M-6.6%	$35.98M-6.2%
Current State And Local Tax Expense Benefit	——	$22.93M+5.4%	$21.76M+5.7%	$20.59M+6.0%	$19.41M+6.4%
Federal	——	$19.71M+54.9%	$12.73M+122%	$5.74M+559%	-$1.25M+84.8%
Deferred Foreign Income Tax Expense Benefit	——	$7.27M+70.0%	$4.27M+233%	$1.28M+175%	-$1.71M+63.6%
Deferred income taxes	$17.79M-25.1%	$23.75M+341%	$5.38M—	——	——
State	——	-$3.24M+3.2%	-$3.34M+3.1%	-$3.45M+3.0%	-$3.56M+2.9%
Depreciation	——	$45.8M+1.0%	$45.33M+1.1%	$44.85M+1.1%	$44.38M+1.1%
Effect of exchange rate changes on cash, cash equivalents and restricted cash	$11.61M-47.8%	$22.23M+417%	$4.3M-71.4%	$15.06M+657%	-$2.7M+78.0%
Effective tax rates	——	$0.27—	——	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount	——	-$5.59M—	——	——	——
Other	——	——	——	——	——
Nontaxable or nondeductible items	——	——	——	——	——
Share-based compensation	——	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Percent	——	——	——	——	——
Federal Income Tax Expense Benefit Continuing Operations	——	$44.31M+14.1%	$38.85M+16.4%	$33.38M+19.6%	$27.92M+24.3%
Gain (Loss), Foreign Currency Transaction, before Tax	——	-$4.26M-39.3%	-$3.06M-64.8%	-$1.86M-184%	-$653.25K-219%
Foreign Income Tax Expense Benefit Continuing Operations	——	$36.13M+1.7%	$35.51M+1.8%	$34.89M+1.8%	$34.27M+1.8%
Foreign Currency Translation and Other Adjustments	$9.66M-45.4%	$17.7M+576%	$2.62M-78.1%	$11.97M+1,548%	$726K+109%
Income Loss From Continuing Operations Before Income Taxes Domestic	——	$308.82M+6.1%	$291.18M+6.5%	$273.53M+6.9%	$255.89M+7.4%
Income Loss From Continuing Operations Before Income Taxes Foreign	——	$62.19M-16.8%	$74.77M-14.4%	$87.36M-12.6%	$99.94M-11.2%
Federal taxes	——	$67.96M—	——	——	——
Foreign	——	$54.92M—	——	——	——
State taxes	——	$21.48M—	——	——	——
Adjustment to reserve for uncertain tax positions	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	——	$136K—	——	——	——
Income Tax Reconciliation Foreign Income Tax Rate Differential	——	——	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	$77.91M+1.4%	$76.85M+1.4%	$75.79M+1.4%	$74.72M+1.4%
Nontaxable or Nondeductible items	——	$5.9M—	——	——	——
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	——	——	——	——	——
Share-based compensation	——	-$4.75M+39.3%	-$7.84M+28.2%	-$10.92M+22.0%	-$14M+18.0%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	——	——	——	——
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	——	$15.51M+3.3%	$15.01M+3.5%	$14.51M+3.6%	$14.01M+3.7%
Changes in unrecognized tax benefits	——	$23K—	——	——	——
Income Tax Reconciliation Tax Credits Foreign	——	$9.07M-8.2%	$9.88M-7.6%	$10.69M-7.0%	$11.5M-6.6%
Income Taxes Paid, Net	$114.35M-20.8%	$144.36M-10.1%	$160.58M+8.9%	$147.5M+12.7%	$130.85M+12.1%
Accounts payable and other current liabilities	$35.24M+432%	$6.63M-42.9%	$11.61M+14.0%	$10.19M-37.2%	$16.21M+25.9%
Increase (Decrease) in Accounts Receivable	——	——	$4.36M+110%	-$41.71M-151%	-$16.65M+9.2%
Increase Decrease In Accrued Income Taxes Payable	——	——	——	——	——
Billings in excess of services provided	-$15.46M-27.9%	-$12.09M-176%	-$4.39M+36.1%	-$6.86M-4,474%	-$150K-155%
Accrued compensation and employee benefits	——	——	——	——	——
Increase (Decrease) in Notes Receivable, Current	$115.57M-54.7%	$255.01M-4.8%	$267.94M+1.6%	$263.82M+23.5%	$213.58M+114%
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	——	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	——	——	——	——	——
Interest Paid, Excluding Capitalized Interest, Operating Activity	$23.98M+21.9%	$19.67M+100%	$9.81M+160%	$3.77M-32.8%	$5.61M-5.1%
Lease Cost	$69.4M0.0%	$69.39M+0.7%	$68.91M-0.8%	$69.46M+0.2%	$69.3M+1.9%
New loans	——	$296.74M+19.4%	$248.55M+24.1%	$200.36M+31.7%	$152.17M+46.3%
Loans And Leases Receivable Related Parties Proceeds	——	$40.11M+28.8%	$31.14M+40.5%	$22.17M+68.0%	$13.2M+212%
Loans and Leases Receivable, Related Parties, Amortization	——	$73.6M+8.1%	$68.11M+8.8%	$62.61M+9.6%	$57.12M+10.6%
Loans and Leases Receivable, Related Parties, Other Adjustments	——	-$1.49M-52.0%	-$977.75K-108%	-$469.5K-1,312%	$38.75K-92.9%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$219.68M+57.0%	-$510.48M-77.4%	-$287.79M-82.3%	-$157.89M+35.9%	-$246.27M-1,501%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$51.35M+12.3%	-$58.53M+8.3%	-$63.82M—	——	——
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	——	——	——	——	$204.71M-48.2%
Number of reportable segments	——	——	——	——	——
Operating Lease Payments	$58.02M-0.1%	$58.08M-0.2%	$58.22M+1.0%	$57.66M+1.6%	$56.77M+0.5%
Foreign currency translation	$22.34M-52.4%	$46.97M+2,634%	$1.72M-95.1%	$35.39M+33,801%	-$105K+99.6%
Foreign currency translation gains (losses)	$22.34M-52.4%	$46.97M+2,634%	$1.72M-95.1%	$35.39M+33,801%	-$105K+99.6%
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax	$0—	$0—	$0—	$0—	$0—
Other comprehensive income/(loss)	$22.34M-52.4%	$46.97M+2,634%	$1.72M-95.1%	$35.39M+33,801%	-$105K+99.6%
Other income, net (Note 6)	——	$529K-27.8%	$732.5K-21.7%	$936K-17.9%	$1.14M-15.2%
All other operating activities	——	$1.18M+22.8%	$962.25K+29.6%	$742.5K+42.0%	$522.75K+72.5%
Payments For Proceeds From Short Term Investments	——	$0+100%	-$6.31M+50.0%	-$12.62M+33.3%	-$18.93M+25.0%
Payments for Repurchase of Common Stock	$802.87M-6.5%	$858.68M+9.9%	$781.11M+42.8%	$546.9M+184%	$192.86M+1,788%
Payment, Tax Withholding, Share-Based Payment Arrangement	$12.92M-30.3%	$18.55M-10.5%	$20.72M-4.0%	$21.58M+10.8%	$19.49M+2.4%
Payments to Acquire Property, Plant, and Equipment	$51.35M-12.3%	$58.53M-8.3%	$63.82M+14.1%	$55.94M+15.2%	$48.57M+37.2%
Debt issued (Note 13)	——	——	——	——	——
Proceeds from revolver	$1.64B+27.7%	$1.28B+23.1%	$1.04B+26.1%	$825M+48.6%	$555M-7.5%
Financing — other	——	——	$2.37M—	——	——
Net additions (releases) charged to costs and expenses	$42.91M+0.2%	$42.84M-10.3%	$47.75M+12.9%	$42.3M-8.3%	$46.11M-8.4%
Repayments of Lines of Credit	$1.34B+46.4%	$915M+72.6%	$530M+27.7%	$415M-30.8%	$600M0.0%
Estimated revenues recognized	——	——	——	——	——
Revenue From Contract With Customer Excluding Assessed Tax	$3.87B+2.2%	$3.79B+2.6%	$3.69B+0.8%	$3.66B-0.1%	$3.67B-0.8%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability	$34.13M+7.8%	$31.66M+11.3%	$28.46M+22.8%	$23.16M-16.8%	$27.85M-2.9%
Stock-based compensation	$40.18M+2.2%	$39.32M+0.4%	$39.16M-2.1%	$40.01M+1.6%	$39.38M+2.4%
Granted (in shares)	——	——	——	——	——
Intrinsic value of stock options exercised	——	$4.9M-70.6%	$16.68M-41.4%	$28.45M-29.3%	$40.23M-22.6%
Exercised (in shares)	——	——	——	——	——
Share Repurchase Program, Excise Tax	$7.8M-1.9%	$7.95M+12.3%	$7.08M+46.6%	$4.83M+217%	$1.53M—
Tax withholding obligation, shares withheld (in shares)	183K-13.3%	211K+6.6%	198K-0.5%	199K+9.3%	182K+4.0%
State And Local Income Tax Expense Benefit Continuing Operations	——	$19.7M+7.0%	$18.42M+7.5%	$17.14M+8.1%	$15.86M+8.8%
Issuance of vested restricted stock units	-$11.64M+29.4%	-$16.48M+11.7%	-$18.65M+4.4%	-$19.51M-29.1%	-$15.12M+6.8%
Stock Issued During Period, Value, Stock Options Exercised	$1.66M+19.5%	$1.39M—	——	——	——
Stock Issued During Period Value Stock Units Under Incentive Compensation Plan	——	——	——	——	——
Value of shares repurchased	$807.16M-6.9%	$866.63M+10.4%	$784.81M+42.4%	$551.02M+182%	$195.34M+1,812%
Variable Lease Cost	$16.77M-1.3%	$16.99M+1.0%	$16.83M-4.7%	$17.65M-0.6%	$17.76M+10.4%
EBIT	$394.29M+1.3%	$389.08M+11.7%	$348.39M+8.3%	$321.61M-1.5%	$326.44M-6.0%
EBITDA	$442.2M+1.7%	$434.84M+10.4%	$393.71M+7.6%	$365.81M-1.1%	$370.07M-5.4%
EBITDA	$442.2M+1.7%	$434.84M+10.4%	$393.71M+7.6%	$365.81M-1.1%	$370.07M-5.4%
EBITDA margin	11.4%-0.1pp	11.5%+0.8pp	10.7%+0.7pp	10%-0.1pp	10.1%-0.5pp
EBIT	$394.29M+1.3%	$389.08M+11.7%	$348.39M+8.3%	$321.61M-1.5%	$326.44M-6.0%

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Questions, answered.

What are FTI Consulting's profit margins?: Gross margin is 31.9% and operating margin is 10.2%, with a 6.9% net margin.
Where does FTI Consulting's income statement data come from?: Every line is extracted from FTI Consulting's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.