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Segments (Tables)
6 Months Ended
Oct. 31, 2025
Segment Reporting [Abstract]  
Schedule of Financial Highlights by Operating Segment
Financial highlights by reportable segments are as follows:
Three Months Ended October 31, 2025
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$172,841 $91,029 $142,105 $51,900 $24,131 $7,815 $141,099 $90,779 $— $721,699 
Total revenue$175,930 $91,237 $143,566 $52,212 $24,264 $7,819 $142,505 $92,267 $— $729,800 
Less
Compensation and benefits(1)
$118,494 $45,133 $96,689 $38,684 $16,549 $5,225 $50,806 $68,387 $20,742 
General and administrative expenses(2)
13,303 10,467 7,142 4,358 2,204 937 4,785 4,781 16,180 
Cost of services
11,710 7,165 907 160 171 34 55,587 3,353 — 
Other segment items(3)
2,159 (260)(3,126)239 21 (111)1,126 1,526 (548)
Segment Adjusted EBITDA
30,264 28,732 41,954 8,771 5,319 1,734 30,201 14,220 (36,374)124,821 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
31,573 
Gain on modification of office lease
(13,907)
Interest expense, net
5,763 
Integration/acquisition costs
1,325 
Income tax provision
26,645 
Net income attributable to noncontrolling interest
1,023 
Net income attributable to Korn Ferry
$72,399 
___________________
(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 Gain on modification of office lease as it is excluded from adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Three Months Ended October 31, 2024
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$166,771 $92,893 $129,891 $46,788 $21,464 $7,856 $121,107 $87,595 $— $674,365 
Total revenue$169,384 $93,038 $131,419 $47,132 $21,540 $7,859 $121,988 $89,600 $— $681,960 
Less
Compensation and benefits(1)
$113,754 $45,632 $86,800 $35,068 $15,675 $4,811 $48,422 $67,688 $18,247 
General and administrative expenses(2)
13,506 10,404 8,284 4,194 1,421 666 4,038 4,550 14,912 
Cost of services
11,162 8,061 1,093 120 54 89 41,591 2,487 — 
Other segment items(3)
1,856 (247)(1,665)263 (42)(259)734 1,976 (412)
Segment Adjusted EBITDA
29,106 29,188 36,907 7,487 4,432 2,552 27,203 12,899 (32,747)117,027 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
19,688 
Restructuring charges, net
576 
Interest expense, net
5,626 
Integration/acquisition costs
3,896 
Income tax provision
24,898 
Net income attributable to noncontrolling interest
1,543 
Net income attributable to Korn Ferry
$60,800 
___________________
(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 integration/acquisition costs as they are excluded from Adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Six Months Ended October 31, 2025
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$342,803 $180,227 $281,759 $105,681 $48,832 $13,932 $275,000 $182,078 $— $1,430,312 
Total revenue$348,629 $180,482 $284,781 $106,293 $49,103 $13,958 $277,646 $184,451 $— $1,445,343 
Less
Compensation and benefits(1)
$235,683 $89,638 $196,178 $78,870 $33,660 $8,956 $99,389 $137,730 $40,508 
General and administrative expenses(2)
26,285 20,441 14,092 8,778 4,300 1,869 9,911 9,228 33,127 
Cost of services
24,117 15,038 1,767 289 338 94 108,084 6,554 — 
Other segment items(3)
3,471 (974)(10,450)442 (49)(235)2,034 2,377 (1,412)
Segment Adjusted EBITDA
59,073 56,339 83,194 17,914 10,854 3,274 58,228 28,562 (72,223)245,215 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
54,259 
Gain on modification of office lease
(13,907)
Interest expense, net
9,279 
Integration/acquisition costs
2,833 
Income tax provision
51,895 
Net income attributable to noncontrolling interest
1,821 
Net income attributable to Korn Ferry
$139,035 
___________________
(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 Gain on modification of office lease as it is excluded from adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
Six Months Ended October 31, 2024
Executive Search
Consulting
Digital
North America
EMEA
Asia Pacific
Latin America
Professional Search & Interim
RPO
Corporate
Consolidated
(in thousands)
Fee revenue$334,641 $181,073 $264,643 $92,769 $42,043 $15,179 $242,848 $176,115 $— $1,349,311 
Total revenue$340,151 $181,249 $267,506 $93,408 $42,244 $15,185 $244,718 $180,260 $— $1,364,721 
Less
Compensation and benefits(1)
$228,418 $90,906 $187,991 $69,654 $30,067 $9,227 $96,558 $136,336 $37,639 
General and administrative expenses(2)
26,366 19,539 15,930 8,305 3,579 829 9,251 9,215 28,960 
Cost of services
23,679 15,969 2,152 220 208 143 84,646 5,184 — 
Other segment items(3)
3,288 (976)(10,572)477 (260)(364)1,354 4,132 (1,565)
Segment Adjusted EBITDA
58,400 55,811 72,005 14,752 8,650 5,350 52,909 25,393 (65,034)228,236 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization
39,266 
Restructuring charges, net
576 
Interest expense, net
9,571 
Integration/acquisition costs
4,972 
Income tax provision
47,252 
Net income attributable to noncontrolling interest
3,195 
Net income attributable to Korn Ferry
$123,404 
___________________
(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 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:
Three Months Ended
October 31,
Six Months Ended
October 31,
2025202420252024
(in thousands)
Consulting
$3,514 $4,120 $7,159 $8,336 
Digital
20,620 8,455 32,208 16,555 
Executive Search:
North America
358 345 723 760 
EMEA
511 461 1,067 954 
Asia Pacific
237 233 478 449 
Latin America
313 240 580 496 
Professional Search & Interim
2,923 2,916 5,898 5,969 
RPO
1,000 830 1,964 1,607 
Corporate
2,097 2,088 4,182 4,140 
Total depreciation and amortization
$31,573 $19,688 $54,259 $39,266