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How Huron Consulting Group (HURN) makes money

Huron Consulting Group (HURN) made $491M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Healthcare brought in $256M (52%); Education brought in $138M (28%); Commercial: brought in $88.8M (18%). Of every dollar of revenue, 12¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Huron Consulting Group revenue by segment, Q3 2026Huron Consulting Group revenue by segment, Q3 2026Healthcare$256MEducation$138MCommercial:$88.8MOther revenues$8.9M
Huron Consulting Group: revenue by line, Q1 2025 to Q3 2026Huron Consulting Group: revenue by line, Q1 2025 to Q3 2026HealthcareEducationCommercial:CommercialOther revenuesHealthcare: $256M latest$256MEducation: $138M latest$138MCommercial:: $88.8M latest$88.8MCommercial: $0 latestOther revenues: $8.9M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Healthcare went from 49% of revenue in Q1 2025 to 52% in Q3 2026, the largest shift in the mix.
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: where each dollar of revenue goesHuron Consulting Group: where each dollar of revenue goesOperating profit12¢Income tax3¢Net earnings6¢Operating cash flow12¢Free cash flow11¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Healthcare$256M52.0%+10%+16%
Education$138M28.1%-1%+7%
Commercial:$88.8M18.1%-6%+6%
Other revenues$8.9M1.8%-5%+0.1%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$491M100.0%
Operating profit$58.8M12.0%
Income tax$13.9M2.8%
Net earnings$28.4M5.8%
Operating cash flow$57.0M11.6%
Free cash flow$53.3M10.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$491M+11%
Q2 2026$475M+15%
Q1 2026$452M+12%
Q4 2025$442M+11%
Q3 2025$441M+17%
Q2 2025$412M+8%
Q1 2025$404M+11%

From Huron Consulting Group's 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Huron Consulting Group make money?

Huron Consulting Group (HURN) made $491M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Healthcare brought in $256M (52%); Education brought in $138M (28%); Commercial: brought in $88.8M (18%). Of every dollar of revenue, 12¢ was left as operating profit, 6¢ was left as net earnings.

What is Huron Consulting Group's biggest business?

Healthcare: $256M in the third quarter 2026, 52% of revenue, +16% from a year earlier.

What is Huron Consulting Group's profit margin?

Net earnings were $28.4M, 5.8% of revenue, in the third quarter 2026; the operating margin was 12.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.