Filing Flows › Huron Consulting Group (HURN) › Q4 2025
Huron Consulting Group (HURN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Huron Consulting Group (HURN) reported revenue of $442M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +0.2% from the quarter before. Operating margin was 11.4%, net earnings $30.7M (6.9% of revenue).
Huron Consulting Group, Q4 2025: revenue $442M (+11% year over year), operating margin 11.4%, net earnings $30.7M, operating cash flow $126M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $442M | +0.2% | +11% |
| Operating profit | $50.2M | +0.4% | +7% |
| Net earnings | $30.7M | +0.8% | -10% |
| Operating cash flow | $126M | +35% | -9% |
| Free cash flow | $124M | +38% | -10% |
What changed
Revenue was $442.0M in Q4 2025, up 11% year over year and roughly flat from the previous quarter. Healthcare was the largest line at 50% of revenue.
Operating profit was $50.2M, a 11.4% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, below the 12% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $30.7M, down 10% year over year. The effective tax rate was 29.2%.
Operating cash flow was $126.4M (down 9% year over year), 412% of net earnings. Non-cash charges added back $9.0M of depreciation and amortization and $10.2M of share-based compensation. Working capital and other items added $76.6M. Capital expenditures of $2.6M left free cash flow of $123.8M.
Questions
What was Huron Consulting Group's revenue in the fourth quarter 2025?
Huron Consulting Group (HURN) reported revenue of $442M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +0.2% from the quarter before.
Was Huron Consulting Group profitable in the fourth quarter 2025?
Operating profit was $50.2M (11.4% of revenue) and net earnings $30.7M.