FTI Consulting Propels 2026 Growth with Ongoing Buybacks, Three Executive Hires

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FTI Consulting has outperformed industry peers with share gains supported by diversified consulting services, solid liquidity and ongoing buybacks that forecast modest earnings growth in 2026. The firm has bolstered its Cybersecurity and Strategic Communications segments with three senior executive hires, expanding capabilities across risk advisory and transaction communications.

1. Strong Earnings Momentum and Shareholder Returns

FTI Consulting’s diversified service lines delivered above-industry revenue growth in the fourth quarter of fiscal 2025, with total net fees rising 12% year-over-year. The firm generated $3.70 billion in revenues for FY 2024, and management has committed to returning capital through a sustained share buyback program that reduced share count by 3% last year. Coupled with a healthy cash balance exceeding $500 million at September 30, 2025, these factors position FTI for modest, sustainable earnings growth in 2026 while enhancing per-share metrics for investors.

2. Robust Liquidity and Balance Sheet Health

As of the end of Q3 2025, FTI held nearly $600 million in unrestricted cash and short-term investments, providing ample liquidity to support ongoing strategic investments and share repurchases. With a debt-to-EBITDA ratio below 1.5x, the firm maintains financial flexibility to pursue selective acquisitions or talent-driven expansions without compromising credit metrics. The recent reaffirmation of its investment-grade credit rating by major rating agencies underscores the strength of FTI’s balance sheet.

3. Strategic Cybersecurity Leadership Hire

On January 13, 2026, FTI Consulting strengthened its Forensic and Litigation Consulting segment by appointing cybersecurity expert Jason Smolanoff as a Senior Managing Director. Mr. Smolanoff brings over 25 years of experience, including leading Kroll’s Cyber Risk practice and overseeing FBI cyber investigations. His addition enhances FTI’s ability to capture high-margin, recurring engagements in strategic risk advisory, incident response and complex investigations—areas where corporate spending continues to accelerate in response to evolving threat landscapes.

4. Enhanced Transaction Communications Capabilities

FTI expanded its Strategic Communications practice on January 12, 2026 with the appointments of Dan Scorpio in Chicago and Heather Wilson in Los Angeles as Senior Managing Directors. Mr. Scorpio has led high-profile M&A and reputational engagements for clients such as T-Mobile and Medline, while Ms. Wilson brings deep expertise in crisis and issues management for Fortune-scale organizations. This geographic and functional expansion strengthens FTI’s transaction communications offering, enabling clients to navigate regulatory, political and stakeholder challenges more effectively and capture incremental deal value.

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