8-KAccepted Sep 15, 4:36 PM ET
Korn Ferry Recasts Fiscal 2026 Quarterly Revenue by Segment
Accepted (ET)
4:36 PM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
13
Size
248.6 KB
Summary
Korn Ferry Recasts Fiscal 2026 Quarterly Revenue by Segment
What Happened
Korn Ferry announced on September 15, 2026 (Form 8‑K Items 7.01 and 9.01) that, beginning in fiscal 2027, it realigned its reportable segments to three geographic regions: Americas; Europe, Middle East & Africa (EMEA); and Asia Pacific. The company also clarified that it delivers services through three Solution groups: Search; Talent & Organizational Solutions; and Workforce Solutions. To help investors understand past performance under the new structure, Korn Ferry furnished Exhibit 99.1 with recast unaudited fee revenue for each quarter of fiscal 2026 (quarters ended July 31, 2025; Oct 31, 2025; Jan 31, 2026; Apr 30, 2026).
Key Details
- Realigned reportable segments effective FY2027: Americas; Europe, Middle East & Africa; Asia Pacific.
- Solutions Groups: Search (Executive & Professional Search); Talent & Organizational Solutions (Consulting & Digital); Workforce Solutions (RPO & Interim).
- Exhibit 99.1 provides recast unaudited fee revenue for each fiscal 2026 quarter (7/31/25, 10/31/25, 1/31/26, 4/30/26).
- The recast is voluntary, not required by GAAP, is not a restatement, and does not change Korn Ferry’s previously reported consolidated GAAP net income, EPS, operating income, assets, or liabilities.
- The filing was signed by Robert P. Rozek, Executive VP and Chief Financial Officer.
Why It Matters
This disclosure gives investors earlier, clearer historical visibility into how Korn Ferry’s revenue was distributed across its new geographic segments and solution lines, improving comparability of quarterly results going forward. However, the recast is unaudited and non‑GAAP (management-provided) information — it does not alter previously reported GAAP results. Investors should review Exhibit 99.1 and await the company’s FY2027 10‑Q/10‑K, where the new segment reporting will be formally presented.