Heidrick & Struggles International, Inc. (HSII)

HSII Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,200	1,099	1,027	1,073	1,003	621.62
Revenue Growth (YoY)	11.56%	6.98%	-4.34%	7.03%	61.35%	-12.07%
Cost of Revenue	929.9	834.58	765.07	808.11	770.2	454.82
Gross Profit	269.95	264	261.8	265.36	232.81	166.8
Selling, General & Admin	165.99	164.63	154.94	132.32	118.9	116.98
Research & Development	24.9	23.06	22.7	20.41	-	-
Operating Expenses	190.89	187.69	177.64	152.74	118.9	116.98
Operating Income	79.07	76.31	84.16	112.62	113.91	49.81
Interest & Investment Income	15.18	14.42	11.62	5.34	0.3	0.2
Other Non Operating Income (Expenses)	7.62	6.04	-1.22	-4.77	3.26	3.77
EBT Excluding Unusual Items	101.87	96.77	94.55	113.19	117.47	53.79
Merger & Restructuring Charges	-	-6.94	-	-	-3.79	-52.37
Impairment of Goodwill	-43.25	-59.48	-7.25	-	-	-32.97
Gain (Loss) on Sale of Investments	2.66	2.66	2.92	2.41	4.2	0.15
Other Unusual Items	1.16	-2.36	-1.55	-0.36	-11.85	-
Pretax Income	62.44	30.65	88.67	115.24	106.03	-31.4
Income Tax Expense	25.39	21.92	34.26	35.75	33.46	6.31
Net Income	37.05	8.73	54.41	79.49	72.57	-37.71
Net Income to Common	37.05	8.73	54.41	79.49	72.57	-37.71
Net Income Growth	-3.92%	-83.96%	-31.55%	9.53%	-	-
Shares Outstanding (Basic)	21	20	20	20	20	19
Shares Outstanding (Diluted)	21	21	21	21	20	19
Shares Change (YoY)	1.31%	2.03%	0.72%	1.59%	5.16%	-1.28%
EPS (Basic)	1.80	0.43	2.72	4.02	3.72	-1.95
EPS (Diluted)	1.73	0.41	2.62	3.86	3.58	-1.95
EPS Growth	-5.31%	-84.35%	-32.12%	7.82%	-	-
Free Cash Flow	132.44	124.12	-40.23	108.15	265.16	16.03
Free Cash Flow Per Share	6.20	5.86	-1.94	5.25	13.06	0.83
Dividend Per Share	0.600	0.600	0.600	0.600	0.600	0.600
Gross Margin	22.50%	24.03%	25.50%	24.72%	23.21%	26.83%
Operating Margin	6.59%	6.95%	8.20%	10.49%	11.36%	8.01%
Profit Margin	3.09%	0.79%	5.30%	7.41%	7.23%	-6.07%
Free Cash Flow Margin	11.04%	11.30%	-3.92%	10.08%	26.44%	2.58%
EBITDA	99.52	95.17	102.67	123.23	123.87	72.27
EBITDA Margin	8.29%	8.66%	10.00%	11.48%	12.35%	11.63%
D&A For EBITDA	20.45	18.86	18.51	10.6	9.96	22.46
EBIT	79.07	76.31	84.16	112.62	113.91	49.81
EBIT Margin	6.59%	6.95%	8.20%	10.49%	11.36%	8.01%
Effective Tax Rate	40.67%	71.53%	38.64%	31.02%	31.55%	-
Revenue as Reported	1,218	1,116	1,041	1,084	1,008	629.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q