kffy26logo.jpg
Exhibit 99.2
On May 1, 2026, Korn Ferry realigned the Company’s organizational reporting structure from a solution-based presentation to a reporting model by geography, with the following three reportable segments: (i) Americas, (ii) Europe, Middle East and Africa (“EMEA”), and (iii) Asia Pacific (“APAC”), to better reflect how work is delivered across the firm, align more closely with how clients buy Korn Ferry services, and support the Company's We Are Korn Ferry operating model. The presentation of operating results prior to May 1, 2026 has been revised to conform to the new segment reporting.
Financial highlights by reportable segments are as follows for each quarter in fiscal 2026:
Three Months Ended July 31, 2025
AmericasEMEAAPACCorporateConsolidated
(in thousands)
Fee revenue$404,135 $218,955 $85,523 $— $708,613 
Total revenue$408,462 $220,875 $86,206 $— $715,543 
Less significant segment expenses
Compensation and benefits(1)
$247,771 $139,510 $52,856 $19,766 
General and administrative expenses(2)
19,548 17,579 9,800 16,947 
Cost of services47,411 26,284 3,499 — 
Other segment items(3)
(7,015)1,775 282 (864)
Segment Adjusted EBITDA(4)
100,747 35,727 19,769 (35,849)120,394 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization22,686 
Interest expense, net3,516 
Integration/acquisition costs1,508 
Income tax provision25,250 
Net income attributable to noncontrolling interest798 
Net income attributable to Korn Ferry$66,636 
_________________
(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses.
(3)Includes reimbursed expenses and other income, net.
(4)Consolidated Adjusted EBITDA is a non-GAAP financial measure and has limitations as an analytical tool.



kffy26logo.jpg
Three Months Ended October 31, 2025
AmericasEMEAAPACCorporateConsolidated
(in thousands)
Fee revenue$416,659 $219,886 $85,154 $— $721,699 
Total revenue$421,684 $222,190 $85,926 $— $729,800 
Less significant segment expenses
Compensation and benefits(1)
$250,545 $137,174 $52,248 $20,742 
General and administrative expenses(2)
20,132 18,218 9,627 16,180 
Cost of services47,219 28,441 3,427 — 
Other segment items(3)
(1,066)2,176 464 (548)
Segment Adjusted EBITDA(4)
104,854 36,181 20,160 (36,374)124,821 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization31,573 
Gain on modification of office lease(13,907)
Interest expense, net5,763 
Integration/acquisition costs1,325 
Income tax provision26,645 
Net income attributable to noncontrolling interest1,023 
Net income attributable to Korn Ferry$72,399 
_________________
(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses. Excludes Gain on modification of office lease as it is excluded from adjusted EBITDA.
(3)Includes reimbursed expenses and other income, net.
(4)Consolidated Adjusted EBITDA is a non-GAAP financial measure and has limitations as an analytical tool.



kffy26logo.jpg
Three Months Ended January 31, 2026
AmericasEMEAAPACCorporateConsolidated
(in thousands)
Fee revenue$408,502 $229,474 $79,409 $— $717,385 
Total revenue$413,070 $231,752 $80,220 $— $725,042 
Less significant segment expenses
Compensation and benefits(1)
$241,775 $144,263 $49,411 $19,787 
General and administrative expenses(2)
21,045 19,220 9,449 16,230 
Cost of services48,801 27,879 3,927 — 
Other segment items(3)
(1,747)2,158 488 (710)
Segment Adjusted EBITDA(4)
103,196 38,232 16,945 (35,307)123,066 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization22,994 
Interest expense, net5,663 
Integration/acquisition costs1,587 
Income tax provision26,683 
Net income attributable to noncontrolling interest874 
Net income attributable to Korn Ferry$65,265 
_________________
(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts. Excludes integration/acquisition costs as they are excluded from Adjusted EBITDA.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses.
(3)Includes reimbursed expenses and other income, net.
(4)Consolidated Adjusted EBITDA is a non-GAAP financial measure and has limitations as an analytical tool.



kffy26logo.jpg
Three Months Ended April 30, 2026
AmericasEMEAAPACCorporateConsolidated
(in thousands)
Fee revenue$447,682 $229,069 $83,021 $— $759,772 
Total revenue$452,930 $231,475 $83,851 $— $768,256 
Less significant segment expenses
Compensation and benefits(1)
$270,885 $143,111 $52,649 $20,092 
General and administrative expenses(2)
16,484 18,780 9,414 22,981 
Cost of services49,594 29,746 2,922 — 
Other segment items(3)
43 2,234 496 (699)
Segment Adjusted EBITDA(4)
115,924 37,604 18,370 (42,374)129,524 
Reconciliation of Segment Adjusted EBITDA
Depreciation and amortization21,591 
Interest expense, net5,056 
Income tax provision29,052 
Net income attributable to noncontrolling interest691 
Net income attributable to Korn Ferry$73,134 
_________________
(1)Includes salaries and payroll taxes, employee insurance benefits, commissions, annual performance-related bonus expense, amortization of unearned compensation, stock-based compensation awards, changes in deferred compensation and pension plan liabilities and changes in CSV of COLI contracts.
(2)Mainly includes premise and office expense, marketing and business development expense, bad debts, legal and other professional fees and foreign exchange gains/losses.
(3)Includes reimbursed expenses and other income, net.
(4)Consolidated Adjusted EBITDA is a non-GAAP financial measure and has limitations as an analytical tool.