Filing Flows › Huron Consulting Group (HURN) › Q3 2026 › vs Q2 2026
Huron Consulting Group (HURN) Q3 2026 vs Q2 2026 (quarter over quarter)
Huron Consulting Group's revenue rose $16.4M (+3%) from $475M in Q2 2026 to $491M in Q3 2026. The biggest changes: Healthcare +$23.5M (+10%); Commercial: −$5.2M (-6%); Education −$1.4M (-1%). Operating margin 12.0% against 10.6% (+1.4 pts).
Huron Consulting Group, Q3 2026: revenue $491M (+11% year over year), operating margin 12.0%, net earnings $28.4M, operating cash flow $57.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 12.0% | 10.6% | +1.4 pts |
| Net margin | 5.8% | 6.6% | -0.8 pts |
| Free cash flow margin | 10.8% | 24.3% | -13.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Healthcare | $256M | $232M | $23.5M | +10% |
| Education | $138M | $139M | −$1.4M | -1% |
| Commercial: | $88.8M | $94.0M | −$5.2M | -6% |
| Other revenues | $8.9M | $9.4M | −$473K | -5% |
| Revenue | $491M | $475M | $16.4M | +3% |
| Operating profit | $58.8M | $50.2M | $8.6M | +17% |
| Costs & expenses | $433M | $425M | $7.8M | +2% |
| Pre-tax earnings | $42.3M | $42.9M | −$587K | -1% |
| Other expense, net | $16.5M | $7.3M | $9.2M | +125% |
| Cost of revenue | $324M | $311M | $12.9M | +4% |
| SG&A | $82.8M | $89.8M | −$7.0M | -8% |
| Other operating costs | $25.8M | $23.8M | $2.0M | +8% |
| Net earnings | $28.4M | $31.2M | −$2.8M | -9% |
| Income tax | $13.9M | $11.7M | $2.2M | +19% |
| Depreciation & amortization | $10.7M | $10.1M | $578K | +6% |
| Share-based compensation | $11.4M | $13.0M | −$1.6M | -12% |
| Working capital & other | $6.5M | $66.1M | −$59.6M | -90% |
| Operating cash flow | $57.0M | $120M | −$63.4M | -53% |
| Free cash flow (OCF − capex) | $53.3M | $115M | −$61.9M | -54% |
| Capital expenditures | $3.7M | $5.2M | −$1.5M | -29% |
Questions
How much did Huron Consulting Group's revenue grow quarter over quarter in Q3 2026?
Huron Consulting Group's revenue rose $16.4M (+3%) from $475M in Q2 2026 to $491M in Q3 2026.
What drove Huron Consulting Group's revenue change in Q3 2026?
Healthcare +$23.5M (+10%); Commercial: −$5.2M (-6%); Education −$1.4M (-1%).