Filing Flows › Hackett Group (HCKT) › Q1 2025
Hackett Group (HCKT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Hackett Group (HCKT) reported revenue of $77.9M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and -2% from the quarter before. Operating margin was 5.7%, net earnings $3.1M (4.0% of revenue).
Hackett Group, Q1 2025: revenue $77.9M (+0.9% year over year), operating margin 5.7%, net earnings $3.1M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77.9M | -2% | +0.9% |
| Operating profit | $4.4M | -43% | -62% |
| Net earnings | $3.1M | -12% | -64% |
| Operating cash flow | $4.2M | -80% | +50% |
| Free cash flow | $2.6M | -86% | +44% |
What changed
Revenue was $77.9M in Q1 2025, up 1% year over year and down 2% from the previous quarter. Global S and BT was the largest line at 56% of revenue. Global S and BT added $2.5M year over year (up 6%), 364% of the total change. Sap Solutions declined 8%.
Operating profit was $4.4M, a 5.7% margin (down 9.3 points year over year). Operating profit fell $7.1M even though revenue rose $678K versus a year earlier, so costs grew faster than sales. Net earnings were $3.1M, down 64% year over year. The effective tax rate was 25.2%.
Operating cash flow was $4.2M (up 50% year over year), 133% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of $1.5M left free cash flow of $2.6M.
Questions
What was Hackett Group's revenue in the first quarter 2025?
Hackett Group (HCKT) reported revenue of $77.9M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and -2% from the quarter before.
Was Hackett Group profitable in the first quarter 2025?
Operating profit was $4.4M (5.7% of revenue) and net earnings $3.1M.
Source: Hackett Group 10-Q on SEC EDGAR.