HCKT
The Hackett Group, Inc.20.55
+0.69+3.47%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
557.54MP/E (TTM)
54.08Basic EPS (TTM)
0.38Dividend Yield
0.02%Recent Filings
8-K
Q3 results and tender offer
The Hackett Group reported Q3 2025 revenue of $72.2 million before reimbursements, down from $77.9 million a year ago, with adjusted diluted EPS of $0.37 hitting guidance midpoint amid Gen AI pivot investments and $3.1 million restructuring costs. The board added $40 million to share repurchases, boosting authorization to $52.6 million, and plans a Dutch auction tender offer starting November 5 for up to $40 million of stock at $18.30–$21.00 per share. Directors and executives won't participate. Q4 outlook projects $69.5–$71.0 million revenue and $0.38–$0.40 adjusted EPS.
10-Q
Q2 FY2025 results
The Hackett Group's Q2 FY2025 revenue climbed 1.6% y/y to $78.9M, driven by 4.5% growth in Global S&BT to $44.2M from Gen AI consulting, while Oracle Solutions dipped 9.8% y/y to $20.8M amid delayed decisions. Operating income fell sharply 63.3% y/y to $4.6M, pressured by $10.3M in stock-based compensation from the new award program, pushing SG&A to 30% of revenue; net income dropped to $1.7M or $0.06 diluted EPS from $8.7M or $0.31, with EPS reconciling to 28.5M shares. Cash stood at $10.1M after $9.8M operating inflows, offset by $10.5M stock repurchases and $6.3M dividends, while $23.0M debt at 5.9% drew from a $100M facility with $77M available. The May 2025 Spend Matters acquisition added $2.0M intangibles over 3 years for $0.8M cash. Restructuring looms with $1.5M-$2.0M Q3 charges to align staff with Gen AI platforms. Competition in AI consulting heats up.
8-K
Q2 revenue up, EPS pressured
The Hackett Group reported Q2 2025 revenue before reimbursements of $77.6 million, up from $75.9 million last year, while investing heavily in Gen AI platforms like AI XPLR V4 for faster client solutions. GAAP diluted EPS dropped to $0.06 from $0.31 due to $5.1 million in stock award expenses and $2.5 million in acquisition costs from LeewayHertz and Spend Matters. Adjusted EPS held steady at $0.38. Q3 guidance projects $73.0–$74.5 million revenue and $0.36–$0.38 adjusted EPS. Acquisitions strain short-term profits.
10-Q
Q1 FY2025 results
The Hackett Group posted steady revenue of $77.9M for Q1 FY2025 ended March 28, 2025, edging up 0.9% y/y from $77.2M yet dipping q/q from Q4 FY2024 levels (derived). Operating income slid to $4.4M, down 61.8% y/y from $11.5M, while net income fell to $3.1M or $0.11 diluted EPS from $8.7M or $0.32, reconciling cleanly to 28.4M diluted shares with no anti-dilution flags. Elevated stock-based comp at $9.7M drove the profitability dip, but Global S&BT revenue climbed 6.0% y/y to $43.4M on Gen AI momentum, offsetting softer Oracle and SAP segments. Cash from operations hit $4.2M, funding $1.5M capex for a $2.7M free cash flow; debt stood at $18.0M under the $100M facility (5.9% rate, matures 2027) with $82M available and no covenant issues, while the September 2024 LeewayHertz buy closed for $7.8M cash, adding $5.9M goodwill and $2.5M intangibles (4.4-year life). Balance sheet holds $9.2M cash. Yet competition in AI consulting sharpens risks.
8-K
Q1 revenue up, EPS mixed
The Hackett Group reported Q1 2025 revenue before reimbursements of $76.2 million, edging up from $75.7 million last year, while GAAP EPS dropped to $0.11 from $0.32 due to $5.1 million in stock award expenses and $2.4 million from the LeewayHertz acquisition. Adjusted EPS hit $0.41, matching guidance highs amid Gen AI investments, including AI XPLR version 3 release. Shareholders approved director elections, plan amendments, and auditor ratification but rejected executive pay. Q2 outlook projects $76.0-77.5 million revenue and $0.37-0.39 adjusted EPS.
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