v3.25.3

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,
			2025						2024						2025						2024
			(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

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration