FTI Consulting Q1 revenue falls 3.3% to $898.3 million; adjusted EPS rises to $2.29
FTI Consulting reported first-quarter 2025 revenue of $898.3 million, down 3.3% from $928.6 million a year earlier, and GAAP net income of $61.8 million, down from $80.0 million. Adjusted earnings per diluted share rose 2.7% to $2.29, excluding $25.3 million of special charges, and free cash flow was negative $483.0 million, compared with negative $279.5 million a year earlier.
Key points
- Revenue was $898.3 million, down 3.3% from $928.6 million in Q1 2024 and up 0.4% from $894.9 million in Q4 2024.
- GAAP earnings per diluted share were $1.74, down 22.0% from $2.23; adjusted EPS was $2.29, up 2.7% from $2.23.
- Adjusted EBITDA was $115.2 million, up 3.7% from $111.1 million a year earlier; special charges totaled $25.3 million.
- Free cash flow was negative $483.0 million, and the company repurchased and retired $182.6 million of common stock in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.