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Segments (Tables)
12 Months Ended
Apr. 30, 2025
Segment Reporting [Abstract]  
Schedule of Depreciation and Amortization by Reportable Segments
Financial highlights by reportable segments are as follows:
Year Ended April 30, 2025
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$662,708 $363,530 $535,921 $194,088 $87,337 $28,862 $503,515 $354,127 $— $2,730,088 
Total revenue$674,070 $363,727 $542,068 $195,268 $87,840 $28,876 $507,246 $361,991 $— $2,761,086 
Less
Compensation and benefits(1)
$453,964 $179,487 $362,296 $145,397 $61,662 $18,175 $186,184 $269,043 $71,908 
General and administrative expenses(2)
51,330 38,762 33,324 17,034 7,838 2,534 19,484 21,154 60,524 
Cost of services
44,428 33,927 3,825 287 318 213 190,772 11,305 — 
Other segment items(3)
8,867 (1,145)(5,619)861 (97)(195)3,206 7,854 (1,687)
Segment Adjusted EBITDA
115,481 112,696 148,242 31,689 18,119 8,149 107,600 52,635 (130,745)463,866 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
80,287 
Restructuring charges, net
1,892 
Interest expense, net
20,363 
Impairment of right-to-use assets
2,452 
Impairment of fixed assets
509 
Integration/acquisition costs
8,837 
Management separation charges
4,614 
Income tax provision
93,836 
Net income attributable to noncontrolling interest
5,014 
Net income attributable to Korn Ferry
$246,062 
_______________________________

(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs and management separation charges as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses. Excludes impairment of right-of-use assets and fixed assets and integration/acquisition costs as they are excluded from Adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Year Ended April 30, 2024
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$695,007 $366,699 $506,927 $184,516 $85,863 $28,937 $540,615 $354,107 $— $2,762,671 
Total revenue$706,805 $366,924 $513,545 $185,552 $86,273 $28,956 $544,453 $362,997 $— $2,795,505 
Less
Compensation and benefits(1)
$484,468 $187,924 $371,237 $141,670 $58,835 $18,664 $210,356 $284,349 $72,613 
General and administrative expenses(2)
54,176 38,452 31,588 16,351 8,831 4,761 23,846 18,612 58,400 
Cost of services
45,399 33,290 3,419 513 184 218 205,765 11,227 — 
Other segment items(3)
8,502 (1,411)(13,409)1,116 (500)(258)2,618 8,410 (2,915)
Segment Adjusted EBITDA
114,260 108,669 120,710 25,902 18,923 5,571 101,868 40,399 (128,098)408,204 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
77,966 
Restructuring charges, net
68,558 
Interest expense, net
20,968 
Impairment of right-to-use assets
1,629 
Impairment of fixed assets
1,575 
Integration/acquisition costs
14,866 
Income tax provision
50,081 
Net income attributable to noncontrolling interest
3,407 
Net income attributable to Korn Ferry
$169,154 
_______________________________

(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses. Excludes impairment of right-of-use assets and fixed assets and integration/acquisition costs as they are excluded from Adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Year Ended April 30, 2023
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$677,001 $354,651 $562,139 $187,014 $95,598 $31,047 $503,395 $424,563 $— $2,835,408 
Total revenue$686,979 $354,967 $568,212 $188,114 $95,956 $31,054 $507,058 $431,496 $— $2,863,836 
Less
Compensation and benefits(1)
$478,549 $189,084 $386,070 $140,508 $61,949 $20,379 $214,949 $339,000 $62,362 
General and administrative expenses(2)
51,956 37,413 32,437 14,667 9,697 1,397 27,082 21,220 56,174 
Cost of services
39,689 31,522 3,370 731 138 92 150,967 11,990 — 
Other segment items(3)
8,283 (510)5,485 828 (50)(184)3,181 6,698 (564)
Segment Adjusted EBITDA
108,502 97,458 140,850 31,380 24,222 9,370 110,879 52,588 (117,972)457,277 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
68,335 
Restructuring charges, net
42,573 
Interest expense, net
25,864 
Impairment of right-to-use assets
5,471 
Impairment of fixed assets
4,375 
Integration/acquisition costs
14,922 
Income tax provision
82,683 
Net income attributable to noncontrolling interest
3,525 
Net income attributable to Korn Ferry
$209,529 
_______________________________

(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses. Excludes impairment of right-of use-assets and fixed assets and integration/acquisition costs as they are excluded from Adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Depreciation and amortization by reportable segments are as follows:
Year Ended April 30,
202520242023
(in thousands)
Consulting
$16,134 $16,822 $16,557 
Digital
34,954 32,248 29,997 
Executive Search:
North America
1,416 1,774 2,013 
EMEA
1,935 1,726 1,369 
Asia Pacific
910 904 661 
Latin America
964 1,053 792 
Professional Search & Interim
12,337 12,950 8,639 
RPO
3,317 2,863 2,410 
Corporate
8,320 7,626 5,897 
Total depreciation and amortization
$80,287 $77,966 $68,335 
Schedule of Fee Revenue Classified by Country Fee revenue classified by country in which the Company derives revenues are as follows:
Year Ended April 30,
202520242023
(in thousands)
U.S.$1,448,174 $1,507,819 $1,568,119 
United Kingdom
327,036 262,268 255,797 
Other countries954,878 992,584 1,011,492 
Total fee revenue$2,730,088 $2,762,671 $2,835,408 
Schedule of Long-Lived Assets, Excluding Financial Instruments and Tax Assets, Classified by Controlling Countries over Ten Percent Long-lived assets, excluding financial instruments and tax assets, classified by location of the controlling statutory country are as follows:
Year Ended April 30,
202520242023
(in thousands)
U.S.(1)
$177,921 $175,691 $186,220 
United Kingdom71,632 64,280 22,893 
Other countries76,769 82,342 95,453 
Total long-lived assets$326,322 $322,313 $304,566 
_______________________________
(1)Includes Corporate long-lived assets.