KORN FERRY (KFY) Company Report

Korn Ferry has transformed from a $700 million business in 2012, primarily focused on executive search, to a nearly $3 billion organization today, offering a broad range of human capital services.
The company recently launched its Talent Suite, a single technology platform leveraging its extensive data and AI, which is expected to accelerate the growth of its digital business, currently generating $360 million-$370 million with $160 million in subscription and license revenue (ARR).
Korn Ferry has achieved an adjusted EBITDA margin of around 17% in recent quarters, within its target range of 16%-18%, driven by productivity gains, a 35% reduction in real estate footprint, and halved business development costs.
The capital allocation strategy prioritizes reinvestment in the business, followed by shareholder returns, with an annual dividend run rate of approximately $100 million and around $100 million spent on buybacks through the end of 2025.

Nov 18, 2025, 9:30 PM

Korn Ferry Discusses Business Transformation, Talent Suite Launch, and Financial Performance

KFY

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Korn Ferry has transformed from a $700 million business in 2012, primarily focused on executive search, to nearly a $3 billion organization today, offering a broad suite of human capital services.
The company recently launched its Talent Suite, a unified technology platform designed to leverage its extensive data and IP, with a broader rollout expected after the new year, aiming to enhance client offerings and accelerate its subscription and license business.
Korn Ferry's digital business generates $360 million-$370 million in revenue, with subscription and license revenue (ARR) at approximately $160 million, now comprising 40% of the digital business. The company maintains an adjusted EBITDA margin of around 17%, within its 16%-18% target range, due to productivity improvements and cost reductions.
The company prioritizes reinvestment in the business, including technology and AI, and also returns capital through an annual dividend run rate of about $100 million and approximately $100 million in share buybacks, with buybacks acting as a flexible component based on M&A opportunities and stock valuation.

Nov 18, 2025, 9:30 PM

Korn Ferry Discusses Business Transformation, Digital Growth, and AI Strategy

KFY

New Projects/Investments

Revenue Acceleration/Inflection

Share Buyback

Korn Ferry has transformed from a $700 million business primarily focused on executive search in 2012 to nearly a $3 billion organization today, expanding its core capabilities to cover all aspects of an employee's engagement with their employer.
The company's digital business currently stands at $360 million-$370 million, with subscription and license revenue (ARR) at approximately $160 million, representing about 40% of the digital business, up from 30% a couple of years ago.
Korn Ferry recently launched its Talent Suite, a single technology platform leveraging data, IP, and behavioral science, which is expected to accelerate the subscription and license business to 60-65% of the digital business over time.
AI is viewed as a significant opportunity, driving internal efficiencies and being embedded into the Talent Suite to help clients with organizational redesign, talent acquisition, assessment, development, and rewards, making Korn Ferry's core capabilities highly relevant.
The company maintains an adjusted EBITDA margin around 17% (within a 16%-18% target range) and employs a balanced capital allocation strategy, prioritizing reinvestment in the business (including the Talent Suite and AI), followed by an annual dividend run rate of approximately $100 million and share buybacks of around $100 million.

Nov 18, 2025, 9:30 PM

Earnings Transcripts

Quarterly earnings call transcripts for KORN FERRY.