Recent developments include Q2 2026 earnings call highlights and transcripts, management appointments in specialized consulting areas, and stock price movements following earnings announcements.

• FTI Consulting held its Q2 2026 earnings call with detailed discussion of financial results and business outlook [N1].
• The Q2 2026 earnings call transcript provides insights into segment performance and strategic initiatives [N2].
• Following the Q2 earnings announcement, the stock declined approximately 6.3%, reflecting market reaction to the results [N3].
• The company reported Q1 2026 earnings with detailed transcript coverage, highlighting operational performance [N4].
• Analysts noted that FTI Consulting lagged Q1 earnings estimates, with discussion of factors influencing results [N5].
• Senior management hires in intellectual property damages and cybersecurity were announced, indicating focus on expanding expertise [N1][N2].

The company demonstrates operational scale with nearly $2 billion in revenue for the first half of 2026 and maintains liquidity with a current ratio above 2.0. Strategic hires in key consulting areas may strengthen service offerings and client engagement. The diversified segment structure provides multiple revenue streams, potentially reducing dependency on any single market.

FTI Consulting faces risks related to market demand fluctuations in consulting services and competitive pressures in specialized segments. The company has experienced some stock price volatility following earnings announcements, reflecting sensitivity to financial performance. Long-term debt of over $1 billion may impose financial leverage risks. Currency translation adjustments have contributed to comprehensive income volatility.

FTI Consulting's moat is supported by its diversified consulting service segments and specialized expertise in areas such as forensic and litigation consulting, economic consulting, and strategic communications. The firm's ability to attract senior experts in intellectual property damages and cybersecurity enhances its competitive positioning. Its established client relationships and recurring contracts contribute to business stability.

• Market Demand Risk: Fluctuations in demand for consulting services across various segments could impact revenue stability.
• Competitive Risk: Intense competition in consulting and advisory services may pressure margins and client retention.
• Financial Leverage Risk: Long-term debt exceeding $1 billion as of June 30, 2026, may increase financial risk and interest expense sensitivity.
• Currency Risk: Foreign currency translation adjustments have caused volatility in comprehensive income, indicating exposure to currency fluctuations.

• FTI Consulting, Inc. is a publicly traded company on the New York Stock Exchange under the ticker FCN [S2].
• As of June 30, 2026, the company reported cash and cash equivalents of $163.7 million and total current assets of approximately $1.59 billion [S2].
• Current liabilities as of June 30, 2026 were approximately $782.4 million, resulting in a current ratio of 2.03 and a cash ratio of 0.21, indicating liquidity coverage [S2].
• The company had long-term debt of approximately $1.02 billion as of June 30, 2026 [S2].
• Total assets were approximately $3.53 billion and total liabilities approximately $2.20 billion as of June 30, 2026 [S2].
• For the six months ended June 30, 2026, FTI Consulting reported revenues of approximately $1.98 billion and net income of $115.4 million [S2].
• Earnings per share (basic) for Q2 2026 were $2.01 and diluted EPS was $1.99 [S2].
• Operating income for the six months ended June 30, 2026 was approximately $168.9 million [S2].
• The company operates multiple segments including Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications as indicated in SEC filings [S2].
• Recent news includes Q2 2026 earnings call highlights and transcripts, with coverage of stock price movements following earnings announcements [N1][N2][N3].
• The company has made senior management hires in areas such as intellectual property damages, cybersecurity, and procurement, indicating focus on expanding expertise [N1][N2].
• The company has experienced some stock price volatility and analyst commentary on earnings performance in Q1 and Q2 2026 [N3][N4][N5].
• Financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice [S2].