FTI Consulting, Inc.
FCN Industrials Consulting Services
FTI Consulting, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 2.44% from fiscal 2024.
- Revenue
- +5.90%
- EPS
- −9.79%
- Free cash flow
- −2.69%
- Total debt
- +66.9%
Quarter to September 2026, against a year earlier
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FTI Consulting, Inc. (FCN) Gross margin
FTI Consulting, Inc.'s gross margin over the twelve months to 30 September 2026 was 32.2%, up 0.1 percentage points from fiscal 2025 (32.1%). Over the past ten years it has ranged from 31.0% (fiscal 2021) to 34.8% (fiscal 2019); the current reading is higher than 45% of that period. That is below the Consulting Services industry median of 37.3% and above the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 32.1% | 0.17 |
| FY2024 | 32.0% | (0.57) |
| FY2023 | 32.5% | 0.74 |
| FY2022 | 31.8% | 0.79 |
| FY2021 | 31.0% | (1.04) |
| FY2020 | 32.0% | (2.72) |
| FY2019 | 34.8% | 0.25 |
| FY2018 | 34.5% | 1.75 |
| FY2017 | 32.8% | (0.36) |
| FY2016 | 33.1% | (1.04) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 34.6% | 2.80 |
| Jun 2026 | 31.8% | 0.64 |
| Mar 2026 | 31.2% | 0.15 |
| Dec 2025 | 31.1% | (2.20) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SBC SBC Medical Group Holdings Incorporated compare | 71.9% |
| VRSK Verisk Analytics, Inc. compare | 70.2% |
| EFX Equifax, Inc. compare | 55.2% |
| BAH Booz Allen Hamilton Holding Corporation compare | 52.6% |
| ICFI ICF International, Inc. compare | 37.3% |
| FCN FTI Consulting, Inc. | 32.2% |
| HURN Huron Consulting Group Inc. compare | 31.9% |
| CRAI Charles River Associates compare | 29.0% |
| ROMA Roma Green Finance Limited compare | — |
| Consulting Services industry median | 37.3% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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