v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Oct. 31, 2025
Oct. 31, 2024
Total revenue $ 729,800 $ 681,960 $ 1,445,343 $ 1,364,721
Compensation and benefits 462,034 437,427 923,445 889,202
General and administrative expenses 50,250 64,541 114,124 124,540
Depreciation and amortization 31,573 19,688 54,259 39,266
Restructuring charges, net 0 576 0 576
Total operating expenses 631,045 594,484 1,263,140 1,201,195
Operating income 98,755 87,476 182,203 163,526
Other income, net 7,075 5,391 19,827 19,896
Interest expense, net (5,763) (5,626) (9,279) (9,571)
Income before provision for income taxes 100,067 87,241 192,751 173,851
Income tax provision 26,645 24,898 51,895 47,252
Net income 73,422 62,343 140,856 126,599
Net income attributable to noncontrolling interest (1,023) (1,543) (1,821) (3,195)
Net income attributable to Korn Ferry $ 72,399 $ 60,800 $ 139,035 $ 123,404
Earnings per common share attributable to Korn Ferry:        
Basic (in usd per share) $ 1.38 $ 1.16 $ 2.66 $ 2.34
Diluted (in usd per share) $ 1.36 $ 1.14 $ 2.61 $ 2.30
Weighted-average common shares outstanding:        
Basic (in shares) 51,745 51,957 51,606 51,953
Diluted (in shares) 52,517 52,750 52,557 52,864
Fee revenue        
Total revenue $ 721,699 $ 674,365 $ 1,430,312 $ 1,349,311
Cost of services 79,087 64,657 156,281 132,201
Reimbursed out-of-pocket engagement expenses        
Total revenue 8,101 7,595 15,031 15,410
Reimbursed expenses        
Cost of services $ 8,101 $ 7,595 $ 15,031 $ 15,410

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