FTI CONSULTING, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.79B | $3.70B | $3.49B | $3.03B | $2.78B | $2.46B | $2.35B | $2.03B |
| Cost of Revenue | $2.57B | $2.52B | $2.35B | $2.07B | $1.92B | $1.67B | $1.53B | $1.33B |
| Gross Profit | $1.22B | $1.18B | $1.14B | $962.9M | $860.7M | $788.6M | $817.8M | $699.8M |
| Gross Margin | 32.1% | 32.0% | 32.5% | 31.8% | 31.0% | 32.0% | 34.8% | 34.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $799.6M | $822.2M | $751.3M | $641.1M | $537.8M | $488.4M | $504.1M | $465.6M |
| Operating Income | $389.1M | $347.4M | $377.6M | $303.9M | $312.0M | $282.7M | $305.6M | $226.0M |
| Operating Margin | 10.3% | 9.4% | 10.8% | 10.0% | 11.2% | 11.5% | 13.0% | 11.1% |
| Interest Expense | — | — | $14.3M | $10.0M | $20.3M | $19.8M | $19.2M | $27.1M |
| Pretax Income | $371.0M | $350.8M | $358.4M | $297.7M | $297.9M | $262.4M | $288.5M | $207.8M |
| Income Tax Expense | $100.1M | $70.7M | $83.5M | $62.2M | $63.0M | $51.8M | $71.7M | $57.2M |
| Net Income | $270.9M | $280.1M | $274.9M | $235.5M | $235.0M | $210.7M | $216.7M | $150.6M |
| Net Margin | 7.1% | 7.6% | 7.9% | 7.8% | 8.5% | 8.6% | 9.2% | 7.4% |
| EPS (Basic) | $8.33 | $7.96 | $8.10 | $6.99 | $7.02 | $5.92 | $5.89 | $4.06 |
| EPS (Diluted) | $8.24 | $7.81 | $7.71 | $6.58 | $6.65 | $5.67 | $5.69 | $3.93 |
| Shares Outstanding (Basic) | 32.5M | 35.2M | 33.9M | 33.7M | 33.5M | 35.6M | 36.8M | 37.1M |
| Shares Outstanding (Diluted) | 32.9M | 35.8M | 35.6M | 35.8M | 35.3M | 37.1M | 38.1M | 38.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |