Korn Ferry Recasts Fiscal 2026 Segment Reporting

What Happened
Korn Ferry (KFY) filed a Current Report on Form 8‑K on September 9, 2026 to provide recast historical segment disclosures for the four quarters of fiscal 2026. The recast reflects the company’s May 1, 2026 realignment of reportable segments into three geographic segments — Americas; Europe, Middle East and Africa (EMEA); and Asia Pacific — and presents unaudited quarterly segment financials to help investors compare prior quarters under the new structure. Management states the recast is voluntary, not a GAAP-required restatement, and does not change previously reported consolidated GAAP net income, EPS, operating income, assets or liabilities.

Key Details

• Effective date of the segment realignment: May 1, 2026 (for fiscal 2027 reporting).
• Recast unaudited quarterly financials provided for quarters ended July 31, 2025; Oct 31, 2025; Jan 31, 2026; and Apr 30, 2026 (Exhibit 99.2).
• Exhibit 99.1 updates portions of the company’s FY2026 Form 10‑K (Item 1, Item 1A, Item 7 and certain notes) to reflect the new segment presentation; the underlying consolidated financial statements remain unchanged.
• The company filed the auditor’s consent and the independent auditor’s report (dual-dated to reflect the recast); the auditor’s opinion is unchanged.

Why It Matters
This filing improves comparability of past quarterly results with Korn Ferry’s new geographic segment reporting so investors can better evaluate performance by region ahead of when the company will begin reporting the new segments in its FY2027 Form 10‑Q and Form 10‑K. Importantly, the change is a presentation recast only — it does not alter consolidated GAAP results or constitute a financial restatement — so investors should treat it as an informational reclassification rather than a change to earnings or balance-sheet totals.