10-K · February 27, 2026
Hackett Group's 10-K shows a strategic pivot towards Generative AI with launches like AI XPLR, displaying strong market positioning despite a revenue dip of 2% to $305.6 million in 2025. The company aims to capitalize…
Earnings analysis · 10-Q
HCKT earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Hackett Group reported Q1 2026 results with total revenue of $68.8 million, falling short of estimates by 4.7%, but adjusted EPS of $0.34 exceeded expectations of $0.33, reflecting a positive surprise of 3.0%. The…
Read full summary
Hackett Group reported Q1 2026 results with total revenue of $68.8 million, falling short of estimates by 4.7%, but adjusted EPS of $0.34 exceeded expectations of $0.33, reflecting a positive surprise of 3.0%. The company faced challenges with declining revenue year-over-year across most segments, leading to a cautious outlook for future performance, alongside notable increases in restructuring costs and outstanding debt.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.34
What stood out
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Adjusted EPS Beat Expectations
Hackett reported an EPS of $0.34, surpassing estimates of $0.33 by 3.0%.
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Revenue Decline Year-over-Year
Total revenue decreased to $68.8 million from $77.9 million year-over-year, reflecting a decline of 11.5%.
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Improved Income from Operations
Income from operations rose to $8.9 million from $4.4 million in the prior year period.
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SAP Solutions Segment Growth
SAP Solutions revenue grew to $16.3 million from $13.4 million year-over-year, an increase of 21.6%.
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Substantial Increase in Debt
Outstanding debt increased significantly to $79.0 million from $18.0 million year-over-year.
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SG&A Costs Reduction
SG&A costs declined by 21% to $18.4 million from $23.4 million year-over-year.
What to watch
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Increased Restructuring Costs
The company incurred $1.9 million in restructuring costs in Q1 2026, reflecting strategic shifts.
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High Outstanding Debt Levels
Outstanding debt rose sharply by $61 million to $79 million, raising potential liquidity concerns.
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Slowing Client Decision Cycles
Global S&BT segment revenue declined due to elongated client decision cycles, affecting overall growth.
Management's outlook
Q2 2026 revenue guidance indicates a cautious outlook.
Earlier filings 4
10-Q · November 5, 2025
HCKT's Q3 2025 earnings report reflects a decline in revenue and net income compared to the same period last year, attributed to challenges in key service areas despite the ongoing focus on Gen AI consulting. The…
10-Q · August 6, 2025
In Q2 2025, Hackett Group reported strong revenue growth of 1.6% year-over-year, totaling $78.9 million, aided by an increase in their Global Strategy & Business Transformation segment. Despite rising costs leading to a…
10-Q · May 7, 2025
Hackett Group reported Q1 2025 revenue of $77.9 million, up 0.9% year-over-year, and an EPS of $0.11, a decline from $0.32 in Q1 2024. The Global Strategy & Business Transformation segment saw notable growth, while…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.