Filing Flows

Filing Flows › Industrials › Huron Consulting Group (HURN)

Huron Consulting Group (HURN) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Huron Consulting Group (HURN) Q3 2026 earnings results →

Q3 2026 Revenue up 11% year over year to $491M · 6¢ of every $1 of revenue kept as net profit · operating margin 12.0%

Huron Consulting Group made $491M in Q3 2026 (+11% Y/Y): Healthcare $256M, Education $138M, Commercial: $88.8M. Operating margin 12.0%, net earnings $28.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.

Revenue$491M
Year over year+11%
Operating margin12.0%
Net earnings$28.4M
Operating cash flow$57.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $491.5M in Q3 2026, up 11% year over year and up 3% from the previous quarter. Healthcare was the largest line at 52% of revenue. Healthcare added $36.2M year over year (up 16%), 72% of the total change.

Operating profit was $58.8M, a 12.0% margin (up 0.6 points year over year). Of the extra revenue versus Q3 2025, 18% reached operating profit, above the 11% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $28.4M, down 7% year over year. The effective tax rate was 32.9%.

Operating cash flow was $57.0M (down 39% year over year), 201% of net earnings. Non-cash charges added back $10.7M of depreciation and amortization and $11.4M of share-based compensation. Working capital and other items added $6.5M. Capital expenditures of $3.7M left free cash flow of $53.3M.

Quarterly history

Huron Consulting Group revenue by quarterHuron Consulting Group revenue by quarter$404MQ1 2025$412MQ2 2025$441MQ3 2025$442MQ4 2025$452MQ1 2026$475MQ2 2026$491MQ3 2026
Huron Consulting Group net earnings by quarterHuron Consulting Group net earnings by quarter$24.5MQ1 2025$19.4MQ2 2025$30.4MQ3 2025$30.7MQ4 2025$23.2MQ1 2026$31.2MQ2 2026$28.4MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 3, 2026$491M+11%12.0%$28.4M$57.0M
Q2 202610-QJul 28, 2026$475M+15%10.6%$31.2M$120M
Q1 202610-QMay 5, 2026$452M+12%8.1%$23.2M−$162M
Q4 202510-KFeb 24, 2026$442M+11%11.4%$30.7M$126M
Q3 202510-QOct 28, 2025$441M+17%11.3%$30.4M$93.8M
Q2 202510-QJul 31, 2025$412M+8%11.1%$19.4M$80.0M
Q1 202510-QApr 29, 2025$404M+11%8.1%$24.5M−$107M

Charts

Huron Consulting Group: revenue growth, year over year and quarter over quarterHuron Consulting Group: revenue growth, year over year and quarter over quarterY/YQ/Q+11%Q1 2025+8%+2%Q2 2025+17%+7%Q3 2025+11%+0%Q4 2025+12%+2%Q1 2026+15%+5%Q2 2026+11%+3%Q3 2026
Latest (Q3 2026): Y/Y +11%, Q/Q +3%.
Huron Consulting Group: where the cash came from (+) and went (−), TTM to Q3 2026Huron Consulting Group: where the cash came from (+) and went (−), TTM to Q3 2026Other financing$780MNet borrowing (+) / repaid (−)−$585MBuybacks−$247MOperating cash flow$142MAcquisitions−$32.3MTaxes on employees’ shares−$21.7MOther investing−$19.6MCapital spending−$17.3MShares issued$2.1MCash drawn (+) / kept (−)−$1.7MAsset & business sales$852KExchange rates−$162K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Huron Consulting Group: profit against cash, quarter by quarterHuron Consulting Group: profit against cash, quarter by quarterNet incomeOperating cash flow$34.0M$140MQ4 2024$24.5M−$107MQ1 2025$19.4M$80.0MQ2 2025$30.4M$93.8MQ3 2025$30.7M$126MQ4 2025$23.2M−$162MQ1 2026$31.2M$120MQ2 2026$28.4M$57.0MQ3 2026
Latest (Q3 2026): Net income $28.4M, Operating cash flow $57.0M.
Huron Consulting Group: diluted shares by fiscal yearHuron Consulting Group: diluted shares by fiscal year22MFY202022MFY202121MFY202220MFY202319MFY202418MFY2025
-17.8% since FY2020: buybacks shrank the count.
Huron Consulting Group: long-term debt falling due (FY2025)Huron Consulting Group: long-term debt falling due (FY2025)$20.0M2026$20.0M2027$20.0M2028$20.0M2029$431M2030
Cash $24.5M, short-term investments —, long-term debt — at 2025-12-31.
Huron Consulting Group in its industry: growth against margin (30 companies, SIC 8742)Huron Consulting Group in its industry: growth against margin (30 companies, SIC 8742)revenue growth, year over year →↑ operating marginmedian +4%median 2%BAHGASTHFCNICFIONTEXPORMRBWMNHCKTIIIPPHCTSSIMHHAERTCTMCISOACCSPBSVRTBLBRAEUBGELVGGRNQHapi Metaverse Inc.RDSCYSGLCybriatech IncLEENHURN (+11%, 12%)
Services-Management Consulting Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Huron Consulting Group

Huron is a global professional services firm that collaborates with organizations to help solve their most complex challenges and achieve their most ambitious goals. Working across the private and public sectors, we partner closely with clients to improve performance, accelerate transformation, and unlock new opportunities for growth. Our clients choose us because of our deep industry and technical expertise and proven track record of turning sound strategies into action. By combining practical experience, innovative thinking, and advanced analytics and technology, Huron helps organizations translate today’s ideas into tangible results and long-term value. Learn more at www.huronconsultinggroup.com .

In its own words, from its 8-K, filed Jul 28, 2026.

Huron Consulting Group against its Services-Management Consulting Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +11% against the peers' median +6%. Operating margin: 12.0% against the peers' median 8.9%.

CompanyQuarterRevenueY/YOp. margin
HURN Huron Consulting GroupQ3 2026$491M+11%12.0%
BAH Booz Allen Hamilton HoldingQ2 FY27$2.8B-4%8.8%
G GenpactQ3 2026$1.4B+7%15.2%
ASTH Astrana HealthQ3 2026$1.0B+7%3.9%
FCN FTI ConsultingQ3 2026$1.0B+6%8.9%
ICFI ICF InternationalQ3 2026$470M+1%9.3%
ONT OnterrisQ3 2026$203M-10%6.0%
EXPO ExponentQ3 2026$174M+18%24.1%
RMR RMR GroupQ3 FY26$154M-0.8%-6.0%

Source: Huron Consulting Group 10-Q on SEC EDGAR · CIK 1289848 · Services-Management Consulting Services

Guidance and outlook

Huron Consulting Group: what its forward-looking statements are about (10-Q filed 2026-11-03)Huron Consulting Group: what its forward-looking statements are about (10-Q filed 2026-11-03)Other3Demand2Deals2Costs2Legal & regulation1Buybacks & dividends1Financing1
12 statements; tone +0.25 (−1 all cautious, +1 all confident); 2 hedged.
Huron Consulting Group: outlook statements against the filing beforeHuron Consulting Group: outlook statements against the filing beforeNew1Updated1Dropped1Confident4Cautious1

13F: who owns HURN and who is buying

Largest holders of HURN (13F)Largest holders of HURN (13F)Vanguard Group$290MBlackRock$125MBoston Partners$73.2MUBS AM, a distinct business unit …$65.7MVanguard Portfolio Management LLC$63.9MVanguard Capital Management LLC$62.5MDimensional Fund Advisors LP$61.2MFranklin Resources$57.2MPrincipal Financial Group$55.3MBloombergSen$45.0M
Funds' net buying of HURN by quarter (13F)Funds' net buying of HURN by quarter (13F)$17.1M2024-09−$13.1M2024-12$144M2025-03$77.4M2025-06−$89.2M2025-09−$34.9M2025-12−$136M2026-03−$159M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on HURN

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare HURN with

中文版:Huron Consulting Group(HURN)财报

Español · Français