v3.26.1
SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)
3 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Revenue, Profit and Assets by Segment
Three Months Ended June 30,
20262025
Revenues by segment
Corporate Finance$303 $398 
Financial Restructuring119 128 
Financial and Valuation Advisory89 79 
Revenues511 605 
Employee compensation and benefits by segment (1)
Corporate Finance161 220 
Financial Restructuring64 72 
Financial and Valuation Advisory50 46 
Non-compensation expense by segment
Corporate Finance53 51 
Financial Restructuring13 13 
Financial and Valuation Advisory16 15 
Segment profit
Corporate Finance89 127 
Financial Restructuring42 43 
Financial and Valuation Advisory23 18 
Total segment profit154 188 
Corporate expenses76 98 
Other (income) expense, net(8)(8)
Income before provision for income taxes$86 $98 
(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.

June 30, 2026March 31, 2026
Assets by segment
Corporate Finance$1,436 $1,477 
Financial Restructuring194 179 
Financial and Valuation Advisory232 223 
Total segment assets1,862 1,879 
Corporate assets1,855 2,430 
Total assets$3,717 $4,309 
Revenue by Geographic Areas
Three Months Ended June 30,
20262025
Revenues by geography
United States$364 $422 
International147 183 
Revenues$511 $605 
Assets by Geographical Areas
June 30, 2026March 31, 2026
Assets by geography
United States$2,401 $2,635 
International1,3161,674
Total assets$3,717 $4,309