Filing Flows › Huron Consulting Group (HURN) › Q1 2026
Huron Consulting Group (HURN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Huron Consulting Group (HURN) reported revenue of $452M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +2% from the quarter before. Operating margin was 8.1%, net earnings $23.2M (5.1% of revenue).
Huron Consulting Group, Q1 2026: revenue $452M (+12% year over year), operating margin 8.1%, net earnings $23.2M, operating cash flow −$162M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $452M | +2% | +12% |
| Operating profit | $36.6M | -27% | +12% |
| Net earnings | $23.2M | -24% | -5% |
| Operating cash flow | −$162M | -228% | — |
What changed
Revenue was $451.8M in Q1 2026, up 12% year over year and up 2% from the previous quarter. Healthcare was the largest line at 50% of revenue. Healthcare added $26.7M year over year (up 13%), 56% of the total change.
Operating profit was $36.6M, a 8.1% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 8% reached operating profit, below the 8% margin then. Total costs grew 12% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+33%). Net earnings were $23.2M, down 5% year over year. The effective tax rate was 14.1%.
Operating cash flow was −$162.2M. Non-cash charges added back $9.7M of depreciation and amortization and $15.7M of share-based compensation. Working capital and other items used $210.8M. Capital expenditures of $5.7M exceeded it, leaving free cash flow of −$167.8M.
Questions
What was Huron Consulting Group's revenue in the first quarter 2026?
Huron Consulting Group (HURN) reported revenue of $452M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +2% from the quarter before.
Was Huron Consulting Group profitable in the first quarter 2026?
Operating profit was $36.6M (8.1% of revenue) and net earnings $23.2M.