FTI Consulting Q3 2026 slides: first $1B quarter, margins hit 7-year high
FTI Consulting (FCN) reported Q3 2026 revenue of $1.01B, its first $1B quarter, with adjusted EBITDA margins at 15.2%, a 7-year high. Adjusted EPS of $3.84 beat estimates by 40%. Stock surged 8.32% post-earnings. All segments grew, with Economic Consulting showing the strongest EBITDA improvement. Management raised full-year EPS guidance to $9.50-$10.00.
How this was made
The 30-second read
Why it matters
The surprise earnings beat and raised guidance drove an 8.3% share jump, indicating strong market reaction.
Market read
First‑report earnings with material beat and guidance raise; high relevance for traders.
What to watch
Higher debt reduction and share buybacks may limit cash flexibility for future growth.
Background
FTI Consulting disclosed its Q3 2026 results, marking the first $1B‑plus quarterly revenue and the highest margin since 2019.
Ticker impact
FTI Consulting reported Q3 2026 earnings with $1.01B revenue, 15.2% adjusted EBITDA margin and raised FY EPS guidance, causing an 8.3% stock surge.
upward pressure as investors price in higher earnings and guidance
Adjusted EPS beat expectations by 40% and FY EPS outlook was increased, supporting a bullish move.
Market effects
Professional services sector may see broader optimism from FTI's margin expansion.
North America earnings momentum could lift related consulting stocks.
Limited to U.S. and global consulting peers.
Counterpoint
The earnings beat includes non-recurring items; normalized EPS would be lower, suggesting caution.
Key entities
- CompanyFTI Consulting
Professional services firm reporting Q3 earnings.
