Every material Form 8-K FTI Consulting filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FTI Consulting appointed Ulrike Rabl as Chief Human Resources Officer, effective January 1, 2026, succeeding Holly Paul, who steps down as an executive officer on December 31, 2025 and moves to a senior advisory role. The filing also extends CEO Steven H. Gunby's employment agreement through June 6, 2029, which is relevant to shareholders as a continuity signal for top leadership.
Ulrike Rabl, 47, appointed Chief Human Resources Officer effective January 1, 2026; she most recently served as Deputy Chief Human Resources Officer
Holly Paul, who joined in 2014 as the first Chief Human Resources Officer, ceases executive officer role December 31, 2025 and becomes an as-needed advisor paid hourly through March 31, 2028
CEO Steven H. Gunby's amended employment agreement extends the term to June 6, 2029, with automatic one-year renewals unless either party gives notice
FTI Consulting agreed on November 21, 2025 to guarantee its UK subsidiary's obligations under three leases for a London office at One Exchange Square, 175 Bishopsgate. The leases cover about 80,664 rentable square feet, with an option to expand to about 102,828, and rent payments total about $115 million over the 15-year term, or $145 million if the larger space is taken. Occupancy is expected around September 25, 2027, and rent is abated for the first 16.5 months, so the filing commits the company to a large long-term obligation without reporting any earnings figures.
Agreement for Leases dated November 21, 2025 with landlord PNBJ I Limited; FTI Consulting guarantees subsidiary FTI Consulting Management Limited
Leases cover about 80,664 rentable square feet, expandable to about 102,828 square feet before January 31, 2026
Aggregate rent of about $115 million over 15 years, or $145 million if the expanded space is taken, excluding lease incentives
Tenant expects possession on or about September 25, 2027; rent abated for the first 16.5 months
FTI Consulting reported third-quarter 2025 revenues of $956.2 million, up 3.3% from $926.0 million, and diluted EPS of $2.60 versus $1.85 a year earlier. It raised its full-year 2025 EPS guidance to $7.62 to $8.12 from $7.24 to $7.84, and on October 21, 2025 its board authorized an additional $500.0 million for share repurchases. Operating cash flow was negative $207.6 million for the first nine months of 2025, compared with positive $79.8 million a year earlier.
Q3 2025 revenues were $956.2 million, up $30.1 million, or 3.3%; net income was $82.8 million versus $66.5 million.
Diluted EPS was $2.60 versus $1.85; Economic Consulting revenues fell 22.0% to $173.1 million.
Full-year 2025 EPS guidance was raised to $7.62 to $8.12 from $7.24 to $7.84; revenue guidance is $3.685 billion to $3.735 billion.
The board added $500.0 million to the buyback program on October 21, 2025, leaving about $500.0 million available; total repurchases since 2016 cost about $1.7 billion.
FTI Consulting's board appointed Paul Linton, its Chief Strategy and Transformation Officer, as interim Chief Financial Officer, effective September 12, 2025, when CFO Ajay Sabherwal's resignation takes effect. Linton keeps his current role and the filing says his compensation has not changed, so the move is a leadership transition in the finance function rather than a change in company results or strategy.
Paul Linton, 54, appointed interim Chief Financial Officer, effective September 12, 2025
Appointment follows the resignation of Ajay Sabherwal as Chief Financial Officer, previously disclosed in an 8-K filed August 12, 2025
Linton remains Chief Strategy and Transformation Officer, a role he has held since joining in August 2014
Board made no changes to Linton's compensation, as described in the April 21, 2025 proxy statement
FTI Consulting said on August 12, 2025, that Chief Financial Officer Ajay Sabherwal will leave the company on September 12, 2025, to accept a position outside the consulting industry. Paul Linton, the company's Chief Strategy and Transformation Officer, is expected to serve as interim CFO while FTI searches for a permanent replacement, so shareholders will see a change in the top finance role. The filing does not include any financial results or guidance.
Ajay Sabherwal, CFO for the last nine years, will leave on September 12, 2025
Paul Linton, Chief Strategy and Transformation Officer, is expected to become interim CFO
FTI Consulting is conducting a search for a permanent CFO
The filing reports no financial results or guidance changes
FTI Consulting reported second quarter 2025 revenues of $943.7 million, down 0.6% from $949.2 million a year earlier, and diluted EPS of $2.13 versus $2.34. The company also updated full year 2025 guidance, lowering the GAAP EPS range to $7.24 to $7.84, which includes a first quarter special charge, so shareholders face lower reported earnings than the prior year quarter.
Q2 2025 net income was $71.7 million, compared with $83.9 million in the prior year quarter.
Adjusted EBITDA was $111.6 million, or 11.8% of revenues, versus $115.9 million, or 12.2%, a year earlier.
Full year 2025 revenue guidance is $3.660 billion to $3.760 billion; GAAP EPS guidance is $7.24 to $7.84 and Adjusted EPS guidance is $7.80 to $8.40.
The company repurchased 2,192,333 shares for $354.9 million in the quarter, with $309.3 million left under its repurchase program.
At its annual meeting, FTI Consulting stockholders elected nine directors, ratified KPMG LLP as auditor for 2025, and approved an advisory vote on 2024 executive pay. They also approved an amendment to the 2017 Omnibus Incentive Compensation Plan that adds 676,000 authorized shares and extends the plan's expiration to June 4, 2035. The plan change increases the share pool available for equity awards, which can dilute existing holders, though the filing does not quantify that effect.
Plan amendment approved with 31,841,410 votes for and 601,928 against, adding 676,000 shares and extending expiration to June 4, 2035
All nine director nominees were elected; Steven H. Gunby received the most votes against, at 858,450
KPMG LLP ratified as independent registered public accounting firm for the year ending December 31, 2025, with 33,208,841 votes for
Advisory say-on-pay vote on 2024 executive compensation received 32,273,252 votes for and 170,587 against
FTI Consulting reported first-quarter 2025 results, with revenue down 3.3% year over year to $898.3 million and GAAP earnings per share down to $1.74 from $2.23, reflecting a $25.3 million special charge for severance. Adjusted EPS rose to $2.29 from $2.23, and the company said it expects SG&A to be higher in each of the next two quarters and that forgivable loans will weigh on adjusted EBITDA from the second quarter. The board also authorized an additional $400 million for share repurchases.
Revenue of $898.3 million, down $30.3 million or 3.3% from the prior-year quarter; net income was $61.8 million versus $80 million
GAAP EPS of $1.74 versus $2.23; adjusted EPS of $2.29 versus $2.23
Adjusted EBITDA of $115.2 million versus $111.1 million; the $25.3 million special charge reduced GAAP EPS by $0.55
Board authorized an additional $400 million for buybacks; about $568.3 million remained available as of April 22, 2025
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.
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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FTI Consulting filing is on SEC EDGAR ↗. 8-K briefs of other companies →