Heidrick & Struggles International Inc. Reports Q1 Financial Results

Heidrick & Struggles International Inc., a leading executive search firm, has released its financial results for the first quarter of 2025. The company, which operates globally, specializes in identifying, evaluating, and recommending qualified candidates for senior-level executive positions. It serves a diverse clientele, including middle market and emerging growth companies, as well as governmental organizations.

Financial Highlights

In the first quarter ended March 31, 2025, Heidrick & Struggles reported a net revenue of $283.6 million, marking a 6.9% increase year over year. This growth was driven by a 7% increase in revenue, as highlighted by Finanzen.net. The company’s adjusted EBITDA for the quarter was $29.1 million, with an adjusted EBITDA margin of 10.3%. Adjusted net income stood at $14.2 million, resulting in adjusted diluted earnings per share of $0.67.

Despite the revenue growth, the company’s profit for the quarter dropped in line with estimates, as reported by RTTNews. This indicates that while revenue growth was strong, other factors may have impacted profitability.

Outlook and Dividends

Looking ahead, Heidrick & Struggles has set its revenue outlook for the second quarter of 2025 between $285 million and $305 million. This projection exceeds the $278.6 million reported in the same period of the previous year. Additionally, the Board of Directors declared a cash dividend of $0.15 per share.

Leadership and Strategic Focus

Tom Monahan, CEO of Heidrick & Struggles, emphasized the company’s resilience and strategic focus in navigating economic uncertainties. He highlighted the importance of serving as a strategic advisor to clients, helping them turn complexity into opportunity. The company is also focused on sharpening execution and ensuring that its professionals are well-equipped to meet client needs.

New Leadership Appointment

In other news, Heidrick & Struggles has appointed a new partner in Zurich, as reported by Finews.ch. This appointment is part of the company’s ongoing efforts to strengthen its leadership team and expand its global presence.

Company Overview

Heidrick & Struggles International, Inc. is traded on the Nasdaq under the ticker symbol HSII. The company was initially public as of its IPO on April 27, 1999. As of May 1, 2025, its close price was $39.71, with a market capitalization of $807.89 million. The company’s price-to-earnings ratio stands at 102.02.

For more information about Heidrick & Struggles and its offerings, visit www.heidrick.com .