FTI Consulting reported $3.70 billion in revenues for fiscal year 2024 and maintains over $500 million in cash and short-term investments on its balance sheet as of September 30, 2025. The firm’s diversified business model across Forensic & Litigation Consulting, Strategic Communications and Transaction Advisory Services has driven revenue growth at a compound annual rate of 6 percent over the past three years. Management forecasts mid-single-digit earnings growth in fiscal 2026, supported by healthy demand for crisis management, digital transformation and transaction support services. Institutional investors have noted FTI’s 10-year track record of margin expansion, with adjusted EBITDA margins climbing from 18 percent in 2015 to 21 percent in 2024, underlining the company’s ability to convert revenue into cash flow.

FTI Consulting has authorized share buybacks of up to $200 million over the next 12 months, complementing its current program under which it repurchased $120 million of common stock during the first three quarters of fiscal 2025. These repurchases represent roughly 3 percent of its market capitalization and underscore management’s commitment to disciplined capital allocation. With a leverage ratio below 1.5x net debt to EBITDA, FTI retains ample flexibility to maintain investment in strategic hires while returning excess cash to shareholders. The board’s ongoing approval of repurchases signals confidence in the firm’s long-term cash flow generation and supports a more attractive per-share earnings profile.

On January 13, 2026, FTI Consulting named cybersecurity expert Jason Smolanoff as Senior Managing Director in its Cybersecurity practice. Smolanoff brings over 25 years of experience, including leadership of Kroll’s Cyber Risk practice and a tenure as an FBI Supervisory Special Agent overseeing national security cyber investigations. His appointment is expected to accelerate the expansion of FTI’s incident response, digital forensics and strategic risk advisory capabilities, areas that grew revenues by 12 percent in fiscal 2025. The firm’s Forensic & Litigation Consulting segment, which accounts for 40 percent of total revenues, stands to benefit directly from Smolanoff’s network and proven track record in winning large enterprise and government mandates.

On January 12, 2026, FTI Consulting added Dan Scorpio in Chicago and Heather Wilson in Los Angeles as Senior Managing Directors within its Strategic Communications segment. Their hires expand the firm’s capabilities in M&A communications, shareholder activism defense and crisis management across the Midwest and West Coast. Scorpio’s experience advising Fortune 500 clients on high-profile transactions and Wilson’s background in crisis response for companies such as IBM, AbbVie and Goop enhance a team that delivered 8 percent organic growth in 2025. With these additions, FTI’s Strategic Communications revenues—23 percent of total firm revenues—are poised to capture more mandate wins in an M&A market projected to surpass $3 trillion globally in 2026.