Korn Ferry balance sheet
At the end of fiscal 2026, Korn Ferry had total assets of $4.06bn, total liabilities of $2.09bn and shareholders' equity of $1.97bn. It held $1.10bn in cash against $399m of debt: net cash of $697m.
Balance sheet
| Fiscal year | 2010Apr 2010 | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014Apr 2014 | 2015Apr 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 219 | 247 | 282 | 224 | 334 | 381 | 273 | 411 | 521 | 626 | 689 | 851 | 978 | 844 | 941 | 1,007 | 1,095 | 801 |
| Receivables | 107 | 129 | 127 | 162 | 176 | 189 | 316 | 345 | 385 | 405 | 397 | 449 | 590 | 570 | 541 | 565 | 573 | 615 |
| Total current assets | 381 | 442 | 500 | 447 | 562 | 637 | 664 | 844 | 1,014 | 1,137 | 1,237 | 1,487 | 1,760 | 1,639 | 1,674 | 1,750 | 1,906 | 1,639 |
| Goodwill | 172 | 184 | 176 | 257 | 258 | 254 | 590 | 577 | 584 | 578 | 614 | 627 | 726 | 909 | 908 | 949 | 951 | 946 |
| Total assets | 827 | 972 | 1,015 | 1,115 | 1,234 | 1,318 | 1,899 | 2,063 | 2,288 | 2,335 | 2,744 | 3,057 | 3,465 | 3,574 | 3,679 | 3,861 | 4,065 | 3,817 |
| Accounts payable | 11 | 13 | 15 | 19 | 19 | 19 | 27 | 37 | 35 | 39 | 46 | 45 | 51 | 53 | 50 | 59 | 50 | 50 |
| Total current liabilities | 198 | 234 | 222 | 269 | 287 | 306 | 476 | 459 | 558 | 551 | 624 | 750 | 984 | 976 | 935 | 956 | 982 | 691 |
| Short-term debt | — | — | — | — | — | — | 30 | 20 | 25 | — | — | — | — | — | — | — | — | — |
| Long-term debt | — | — | — | 0 | 0 | 0 | 110 | 236 | 211 | 223 | 394 | 395 | 395 | 396 | 397 | 398 | 399 | 399 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 140 | 260 | 239 | 223 | 394 | 395 | 395 | 396 | 397 | 398 | 399 | 399 |
| Total liabilities | 336 | 393 | 385 | 451 | 478 | 503 | 851 | 976 | 1,068 | 1,091 | 1,520 | 1,688 | 1,915 | 1,921 | 1,942 | 1,989 | 2,086 | 1,816 |
| Shareholders' equity | 491 | 578 | 629 | 664 | 756 | 815 | 1,045 | 1,083 | 1,217 | 1,241 | 1,221 | 1,366 | 1,544 | 1,648 | 1,733 | 1,866 | 1,973 | 1,994 |
| Net debt (negative = net cash) | −219 | −247 | −282 | −224 | −334 | −381 | −133 | −151 | −282 | −403 | −295 | −456 | −583 | −448 | −544 | −609 | −697 | −402 |
| Shares outstanding | 46m | 47m | 48m | 49m | 50m | 51m | 57m | 57m | 57m | 56m | 54m | 54m | 53m | 52m | 52m | 51m | 50m | 51m |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 580 | 576 | 565 | 600 | 607 | 627 | 573 | 615 |
| Total current assets | 1,482 | 1,557 | 1,750 | 1,491 | 1,606 | 1,788 | 1,906 | 1,639 |
| Goodwill | 909 | 942 | 949 | 949 | 948 | 952 | 951 | 946 |
| Total assets | 3,527 | 3,650 | 3,861 | 3,631 | 3,723 | 3,950 | 4,065 | 3,817 |
| Accounts payable | 44 | 52 | 59 | 55 | 53 | 60 | 50 | 50 |
| Total current liabilities | 718 | 818 | 956 | 674 | 749 | 890 | 982 | 691 |
| Long-term debt | 397 | 398 | 398 | 398 | 398 | 398 | 399 | 399 |
| Total debt | 397 | 398 | 398 | 398 | 398 | 398 | 399 | 399 |
| Total liabilities | 1,744 | 1,852 | 1,989 | 1,732 | 1,773 | 1,942 | 2,086 | 1,816 |
| Shareholders' equity | 1,778 | 1,793 | 1,866 | 1,892 | 1,944 | 2,002 | 1,973 | 1,994 |
| Shares outstanding | 52m | 52m | 51m | 52m | 52m | 51m | 50m | 51m |
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