FTI Consulting’s shares have outpaced industry peers this year, rising approximately 15% year-to-date versus a 6% gain for the broader consulting index. This performance reflects the firm’s balanced service portfolio across Corporate Finance & Restructuring, Forensic & Litigation Consulting, Economic Consulting, Strategic Communications and Technology segments. In fiscal 2024, FTI generated $3.70 billion in revenues, with its Forensic & Litigation Consulting segment alone contributing over $1.2 billion. Management forecasts modest earnings growth in 2026, driven by sustained demand for restructuring advisory and digital transformation projects.

As of September 30, 2025, FTI Consulting held $750 million in cash and cash equivalents against $500 million in net debt, providing ample balance sheet flexibility. In November 2025, the board authorized a $400 million share repurchase program, and the firm has already deployed $150 million of that authorization, reducing share count by roughly 3%. These buybacks, coupled with free cash flow conversion exceeding 90% of net income over the past three fiscal years, underline management’s confidence in sustaining returns and funding targeted growth initiatives.

On January 13, 2026, FTI announced the appointment of Jason Smolanoff as Senior Managing Director in its Cybersecurity practice within the Forensic & Litigation Consulting segment. Mr. Smolanoff brings over 25 years of information security expertise, having led Kroll’s Cyber Risk practice and overseen a Cyber National Security Squad at the FBI. He will spearhead the expansion of services ranging from program assessments and incident response to complex investigations, enhancing FTI’s ability to meet escalating client demand for end-to-end cyber risk management solutions.