| Information by Segment |
| | | | | | | | | | | | | | | | | | | Year Ended March 31, | | 2026 | | 2025 | | 2024 | | Revenues by segment | | | | | | | Corporate Finance | $ | 1,744,634 | | | $ | 1,526,756 | | | $ | 1,106,826 | | | Financial Restructuring | 528,655 | | | 544,478 | | | 521,984 | | | Financial and Valuation Advisory | 344,227 | | | 318,182 | | | 285,594 | | | Revenues | 2,617,516 | | | 2,389,416 | | | 1,914,404 | | | | | | | | Employee compensation and benefits by segment (1) | | | | | | | Corporate Finance | 965,291 | | | 871,313 | | | 638,072 | | | Financial Restructuring | 299,614 | | | 289,979 | | | 282,431 | | | Financial and Valuation Advisory | 188,526 | | | 175,412 | | | 155,502 | | | Non-compensation expense by segment | | | | | | | Corporate Finance | 198,103 | | | 181,020 | | | 166,221 | | | Financial Restructuring | 49,948 | | | 45,193 | | | 45,437 | | | Financial and Valuation Advisory | 62,119 | | | 54,187 | | | 55,670 | | | | | | | | | Segment profit | | | | | | | Corporate Finance | 581,240 | | | 474,423 | | | 302,533 | | | Financial Restructuring | 179,093 | | | 209,306 | | | 194,116 | | | Financial and Valuation Advisory | 93,582 | | | 88,583 | | | 74,422 | | | Total segment profit | 853,915 | | | 772,312 | | | 571,071 | | | Corporate expenses | 326,896 | | | 269,745 | | | 197,837 | | | | | | | | | Other (income) expense, net | (35,246) | | | (28,768) | | | (17,305) | | | Income before provision for income taxes | $ | 562,265 | | | $ | 531,335 | | | $ | 390,539 | |
(1)We adjust the compensation expense for a business segment in situations where an employee residing in one business segment is performing work in another business segment where the revenues are accrued. Segment profit may vary significantly between periods depending on the levels of collaboration among the different segments. | | | | | | | | | | | | | | | March 31, 2026 | | March 31, 2025 | | | | Assets by segment | | | | | | | Corporate Finance | $ | 1,476,768 | | | $ | 1,312,291 | | | | | Financial Restructuring | 179,073 | | | 179,498 | | | | | Financial and Valuation Advisory | 223,008 | | | 207,162 | | | | | Total segment assets | 1,878,849 | | | 1,698,951 | | | | | Corporate assets | 2,430,106 | | | 2,120,757 | | | | | Total assets | $ | 4,308,955 | | | $ | 3,819,708 | | | |
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| Revenues by Geography |
| | | | | | | | | | | | | | | | | | | Year Ended March 31, | | 2026 | | 2025 | | 2024 | | Revenues by geography: | | | | | | | United States | $ | 1,775,335 | | | $ | 1,702,163 | | | $ | 1,344,305 | | | International | 842,181 | | | 687,253 | | | 570,099 | | | Revenues | $ | 2,617,516 | | | $ | 2,389,416 | | | $ | 1,914,404 | |
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