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Hackett Group, Inc. (HCKT) stock

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NASDAQ: HCKT Nasdaq IT Consulting & Other Services Next results ~November 3, 2026

C+ Fundamentals grade

Hackett Group, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$15

Cash-flow model

Base case. Range ~$10–$20 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 10% below our base value.

Price used: $13.20, November 2, 2026

Hackett Group, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds89 adding, 91 cuttingOf 32 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Hackett Group files

Where Hackett stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $287m, down 9.1% on a year earlier, a steeper fall than the 5.7% decline a quarter earlier. That puts it 21 of 23 for growth among the it consulting & other services companies we cover. Free-cash-flow margin held at 10.9%. The diluted share count is down 7.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 6 financial-health checks. Our cash-flow model value is $15.06 a share, against a share price of $12.40. At that price, our model says the market is pricing in cash flow shrinking about 0.8% a year for five years, close to the 0.6% a year revenue growth it has delivered.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Hackett Group, Inc.'s trailing-twelve-month revenue fell 9.1% year on year, with a free-cash-flow margin of 10.9%. Where it stands out: change in share count of -7.4% ranks 4 of 39 it consulting & other services companies we cover. Where it lags: revenue growth of -9.1% ranks 34 of 40 it consulting & other services companies we cover.

Our discounted-cash-flow model values the business at ~$15 per share in the base case (~$10–$20 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -9.1% (-3.4pp vs the prior quarter), the 4th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 7.4% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 9.1% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 54% and a beta of 0.2 against the S&P 500.
  • Growth easing. The growth rate is 3.4 points lower than a quarter earlier.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 38.8% ranks 22 of 27 it consulting & other services companies we cover (median 11.8%).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.34 against an average estimate of $0.34: beat by 1.0%
Revenue
$69m, down 12.1% on a year earlier
Share reaction
+1.8% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
total revenue before reimbursements $68m to $70m (third quarter of 2026); adjusted diluted earnings per share $0.37 to $0.39 (third quarter of 2026)
Next report
November 3, 2026; average EPS estimate $0.37

Hackett Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.0%
  • 1 week+8.0%
  • 1 month+22.4%
  • This year-30.6%
  • 1 year-24.3%
  • 5 years-31.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$287M
Operating margin
10.9%
Net margin
5.9%
EPS (TTM, diluted)
$0.64

Growth

Revenue growth
−9.1%
Change in growth rate
−3.4 pts
Share count change
−7.4%

Cash

Free cash flow (TTM)
$31.2M
FCF margin
10.9%
Stock pay % of revenue
3.4%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Hackett Group, Inc. valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 0.5% a year for five years.That is close to the 0.6% a year revenue growth Hackett Group has delivered.

  • Priced in-0.5%
  • Last 12 months-9.1%
  • 3 years a year-0.4%
  • 5 years a year0.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($12.65, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$15
Price used
$12.65close November 3, 2026
Implied change
▲ +16%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Hackett Group, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($26.8M, FY2026 Q2 TTM), growing -1.2% and 2.4% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$10–~$20 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Hackett Group, Inc.'s free cash flow after stock-based pay ( $26.8M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Hackett Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9%: the 10-year Treasury yield (4.9%) plus a beta of 0.9 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$15 ~$10–$20 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$15 ~$14–$28 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$13 ~$9.8–$18 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$11 ~$9.3–$13 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$14 ~$11–$15 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Hackett Group, Inc. with IT Consulting & Other Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −29%
  • Revenue growth 5 points higher ▲ +38%
  • Free-cash-flow margin 1 point lower ▼ −10%
  • Last year's free-cash-flow margin change, if it persists ▼ −3%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $13$18$26$35$48$64
8.5% $9$13$18$25$34$46
10% $7$10$14$19$26$35

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$12.67$14.16$12.85$13.29$13.58$12.56$18.33$18.60$21.23$29.28$19.34$13.20
Market value$405m$465m$414m$430m$441m$407m$603m$594m$587m$822m$540m$347m
+ Net debt (− = net cash)−$14m−$13m$1m−$7m−$23m−$49m−$46m$29m$12m−$4m$58m$67m
Enterprise value$391m$452m$415m$422m$417m$358m$557m$624m$598m$819m$597m$414m
Multiples
Price / sales 1.6x1.6x1.4x1.5x1.6x1.7x2.2x2.0x2.0x2.6x1.8x1.2x
Price / earnings 29.3x21.6x15.1x18.0x18.9x74.4x14.5x14.6x17.2x27.8x41.7x20.6x
Price / free cash flow 12.2x15.6x20.7x18.9x11.7x9.7x14.0x11.0x17.6x18.8x16.6x11.1x
EV / EBITDA 15.9x12.6x13.3x11.7x12.1x27.3x10.9x10.6x11.4x16.9x20.8x11.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

57 /100

Moderate moat

How hard Hackett Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 11.9% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 30.2%, moving by 5.2 percentage points (standard deviation) across 5 years.

  • Durability 10 / 20

    Operating margin has been a median 13.9%; its worst year was 5.9%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 10 of 10 years, at a median 13.4% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 21.0% over five years; stock-based pay has been a median 3.5% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (72 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $70m and EPS of $0.37 (range $0.37 to $0.38) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.45 −7% $279m −9%
Next $1.59 +10% $289m +4%

Next year's EPS estimate has moved −4.3% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −3.6% on 90 days ago. In the last 30 days, 0 analysts raised Hackett Group, Inc.'s forecast and 3 cut it.

Consensus EPS forecast Hackett Group, Inc., last 90 days
$1.40 $1.50 $1.60 $1.70 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.50 Current fiscal year, 60 days ago: $1.50 Current fiscal year, 30 days ago: $1.50 Current fiscal year, 7 days ago: $1.50 Current fiscal year, Now: $1.45 $1.45 Next fiscal year, 90 days ago: $1.67 Next fiscal year, 60 days ago: $1.67 Next fiscal year, 30 days ago: $1.67 Next fiscal year, 7 days ago: $1.67 Next fiscal year, Now: $1.59 $1.59

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.50$1.67
60 days ago $1.50$1.67
30 days ago $1.50$1.67
7 days ago $1.50$1.67
Now $1.45$1.59

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.34 $0.34 +1.0%
Mar 2026 $0.35 $0.34 −1.9%
Dec 2025 $0.39 $0.40 +3.5%
Sept 2025 $0.37 $0.37 +0.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • total revenue before reimbursements third quarter of 2026 $68m to $70m
    “The Company estimates total revenue before reimbursements for the third quarter of 2026 will be in the range of $68.0 million to $70.0 million.” source
  • adjusted diluted earnings per share third quarter of 2026 $0.37 to $0.39 Non-GAAP
    “The Company estimates adjusted diluted earnings per share for the third quarter of 2026 to be in the range of $0.37 and $0.39, assuming a GAAP effective tax rate of 26.5%.” source
  • GAAP effective tax rate third quarter of 2026 about 26.5% GAAP
    “The Company estimates adjusted diluted earnings per share for the third quarter of 2026 to be in the range of $0.37 and $0.39, assuming a GAAP effective tax rate of 26.5%.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Hackett Group, Inc.'s revenue by -1.2% next year and +2.4% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-1.1%, weight 46%) , management guidance (-5.6%, weight 23%) and the company's own record (+2.0%, weight 31%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123
  2. Sep 2026123

Counts of recommendations published by analysts covering Hackett Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.6%
of tradable shares
Days to cover
6.55
at average volume
Short interest, 1 month
−1%
to October 15, 2026
Held by institutions
85%
of shares
Held by insiders
12.6%
of shares
Employees
1,491
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −24.3%

$17.44 on October 31, 2025 to $13.20

ThenNowEffect
Revenue (last 12 months) $316m $287m −9.1%
Net margin 5.4% 5.9% +9.2%
P/E multiple 29.2x 20.6x −29.4%
Share count 28m 26m +8.0%

Biggest factor: p/e multiple.

Last 3 years −39.4%

$21.79 on November 3, 2023 to $13.20

ThenNowEffect
Revenue (last 12 months) $290m $287m −1.2%
Net margin 12.7% 5.9% −53.9%
P/E multiple 17.5x 20.6x +18.0%
Share count 30m 26m +12.8%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
HCKT+46%+2%+14%+37%−35%−31%
Industry peers (median)+9%−35%+4%+18%−22%−13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
HCKT75%50%75%42%33%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
HCKT−12%−28%−23%−15%−44%−55%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 71% from December 6, 2024 to May 13, 2026. Getting back needed a 239% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$9.01 – $19.94
From 52-week high
−33.8%
vs 50-day average
+18.3%
vs 200-day average
+9.7%
Volatility (1 year)
54%
Beta vs S&P 500
0.22

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±8.8%
After a week
5 up, 7 down
typical move ±8.2%
After a month
4 up, 8 down
typical move ±8.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +1.8% +1.6% +1.3% −3.2%
May 5, 2026 −25.5% +2.2% −25.3% −19.2%
February 17, 2026 +9.3% +0.7% −5.6% −4.9%
November 4, 2025 +5.2% −0.8% +3.2% +6.2%
August 5, 2025 −11.0% +0.3% −10.0% −10.8%
May 6, 2025 −10.2% −0.4% −3.4% −7.9%
February 18, 2025 −3.6% +0.5% −5.5% −9.9%
November 4, 2024 +18.2% +1.0% +30.5% +32.5%
August 6, 2024 +2.1% +0.2% +0.4% +1.8%
May 7, 2024 −3.4% +0.1% −3.0% −0.6%
February 20, 2024 +7.2% −0.5% +7.4% +5.1%
November 7, 2023 −7.9% +0.4% −2.4% −3.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Hackett Group, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Hackett Group, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Hackett Group, Inc.
$280M $290M $300M $310M $320M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $294.3M Revenue (TTM), FY23 Q4: $296.6M Revenue (TTM), FY24 Q1: $302.5M Revenue (TTM), FY24 Q2: $303.1M Revenue (TTM), FY24 Q3: $307M Revenue (TTM), FY24 Q4: $313.9M Revenue (TTM), FY25 Q1: $314.5M Revenue (TTM), FY25 Q2: $315.8M Revenue (TTM), FY25 Q3: $309.1M Revenue (TTM), FY25 Q4: $305.6M Revenue (TTM), FY26 Q1: $296.6M Revenue (TTM), FY26 Q2: $287M $287M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $294.3M
FY23 Q4 $296.6M
FY24 Q1 $302.5M
FY24 Q2 $303.1M
FY24 Q3 $307M
FY24 Q4 $313.9M
FY25 Q1 $314.5M
FY25 Q2 $315.8M
FY25 Q3 $309.1M
FY25 Q4 $305.6M
FY26 Q1 $296.6M
FY26 Q2 $287M
Revenue growth, TTM YoY Hackett Group, Inc.
-10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 0.2% Revenue growth, TTM YoY, FY23 Q4: 1.0% Revenue growth, TTM YoY, FY24 Q1: 4.6% Revenue growth, TTM YoY, FY24 Q2: 4.3% Revenue growth, TTM YoY, FY24 Q3: 4.3% Revenue growth, TTM YoY, FY24 Q4: 5.8% Revenue growth, TTM YoY, FY25 Q1: 4.0% Revenue growth, TTM YoY, FY25 Q2: 4.2% Revenue growth, TTM YoY, FY25 Q3: 0.7% Revenue growth, TTM YoY, FY25 Q4: -2.6% Revenue growth, TTM YoY, FY26 Q1: -5.7% Revenue growth, TTM YoY, FY26 Q2: -9.1% -9.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 0.2%
FY23 Q4 1.0%
FY24 Q1 4.6%
FY24 Q2 4.3%
FY24 Q3 4.3%
FY24 Q4 5.8%
FY25 Q1 4.0%
FY25 Q2 4.2%
FY25 Q3 0.7%
FY25 Q4 -2.6%
FY26 Q1 -5.7%
FY26 Q2 -9.1%
Operating margin (TTM) Hackett Group, Inc.
5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 17.5% Operating margin (TTM), FY23 Q4: 16.6% Operating margin (TTM), FY24 Q1: 16.4% Operating margin (TTM), FY24 Q2: 16.3% Operating margin (TTM), FY24 Q3: 15.7% Operating margin (TTM), FY24 Q4: 14.2% Operating margin (TTM), FY25 Q1: 11.9% Operating margin (TTM), FY25 Q2: 9.4% Operating margin (TTM), FY25 Q3: 7.2% Operating margin (TTM), FY25 Q4: 7.7% Operating margin (TTM), FY26 Q1: 9.5% Operating margin (TTM), FY26 Q2: 10.9% 10.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 17.5%
FY23 Q4 16.6%
FY24 Q1 16.4%
FY24 Q2 16.3%
FY24 Q3 15.7%
FY24 Q4 14.2%
FY25 Q1 11.9%
FY25 Q2 9.4%
FY25 Q3 7.2%
FY25 Q4 7.7%
FY26 Q1 9.5%
FY26 Q2 10.9%
FCF margin (TTM) Hackett Group, Inc.
5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 10.9% FCF margin (TTM), FY23 Q4: 11.2% FCF margin (TTM), FY24 Q1: 13.0% FCF margin (TTM), FY24 Q2: 15.0% FCF margin (TTM), FY24 Q3: 15.9% FCF margin (TTM), FY24 Q4: 13.9% FCF margin (TTM), FY25 Q1: 14.1% FCF margin (TTM), FY25 Q2: 11.2% FCF margin (TTM), FY25 Q3: 11.3% FCF margin (TTM), FY25 Q4: 10.6% FCF margin (TTM), FY26 Q1: 7.5% FCF margin (TTM), FY26 Q2: 10.9% 10.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 10.9%
FY23 Q4 11.2%
FY24 Q1 13.0%
FY24 Q2 15.0%
FY24 Q3 15.9%
FY24 Q4 13.9%
FY25 Q1 14.1%
FY25 Q2 11.2%
FY25 Q3 11.3%
FY25 Q4 10.6%
FY26 Q1 7.5%
FY26 Q2 10.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Hackett Group took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $306M
  2. Cost of revenue $188M · 61.7%
  3. Gross profit $117M · 38.3%
  4. Selling, general and admin $90.5M · 29.6%
  5. Other operating costs $3.1M · 1.0%
  6. Operating income $23.5M · 7.7%
  7. Income tax $8.9M · 2.9%
  8. Interest and other $1.7M · 0.6%
  9. Net income $12.9M · 4.2%

Shares of revenue. Source: Hackett Group's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jan 2010 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Jan 2015 2015 Jan 2016 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Jan 2021 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 143 201 209 223 224 237 261 289 286 286 282 239 279 294 297 314 306 287
Gross profit 45 68 71 74 70 75 88 97 97 100 97 52 84 89 84 123 117 118
EBITDA −5 14 19 19 18 15 25 36 31 36 35 13 51 59 53 49 29 37
Operating income −7 12 17 17 16 13 22 34 29 34 31 9 46 55 49 45 24 31
Net income −7 14 22 17 9 10 14 22 27 24 23 5 42 41 34 30 13 17
Diluted EPS −$0.18 $0.34 $0.52 $0.50 $0.27 $0.33 $0.43 $0.66 $0.85 $0.74 $0.72 $0.17 $1.26 $1.28 $1.24 $1.05 $0.46 $0.64
Growth (year on year)
Revenue — +41.1% +3.8% +6.5% +0.5% +5.8% +10.2% +10.6% −0.9% +0.0% −1.2% −15.2% +16.4% +5.4% +1.0% +5.8% −2.6% −9.1%
EBITDA — — +32.4% +1.2% −8.0% −15.1% +64.0% +46.9% −13.5% +15.7% −4.1% −62.0% +287.6% +15.4% −10.2% −7.9% −40.8% +8.9%
Operating income — — +35.7% +0.9% −7.8% −20.0% +74.2% +52.9% −14.4% +17.0% −6.7% −72.4% +437.8% +18.9% −10.8% −9.5% −47.2% +5.5%
Net income — — +53.0% −23.3% −47.7% +11.2% +42.2% +56.0% +27.0% −12.6% −2.6% −76.5% +659.1% −1.8% −16.3% −13.2% −56.3% −0.7%
Diluted EPS — — +52.9% −3.8% −46.0% +22.2% +30.3% +53.5% +28.8% −12.9% −2.7% −76.4% +641.2% +1.6% −3.1% −15.3% −56.2% +7.2%
Margins
Gross margin 31.3% 33.9% 33.9% 33.1% 31.2% 31.5% 33.6% 33.5% 33.9% 34.8% 34.3% 21.9% 30.1% 30.5% 28.4% 39.3% 38.3% 41.3%
EBITDA margin −3.6% 7.1% 9.0% 8.6% 7.9% 6.3% 9.4% 12.5% 10.9% 12.6% 12.2% 5.5% 18.2% 20.0% 17.8% 15.5% 9.4% 12.8%
Operating margin −4.9% 6.2% 8.1% 7.7% 7.0% 5.3% 8.4% 11.6% 10.0% 11.7% 11.1% 3.6% 16.7% 18.8% 16.6% 14.2% 7.7% 10.9%
Net margin −4.8% 7.1% 10.4% 7.5% 3.9% 4.1% 5.3% 7.5% 9.6% 8.4% 8.2% 2.3% 14.9% 13.9% 11.5% 9.4% 4.2% 5.9%
Free-cash-flow margin −8.1% 8.0% 7.4% 7.7% 9.9% 5.5% 12.7% 10.3% 7.0% 8.0% 13.4% 17.6% 15.5% 18.5% 11.2% 13.9% 10.6% 10.9%
Cash flow
Cash from operations −9 20 20 20 24 16 36 33 27 32 42 44 46 59 37 48 40 41
Capital spending 3 3 5 3 2 3 3 3 7 10 5 2 3 5 4 4 8 9
Free cash flow −12 16 15 17 22 13 33 30 20 23 38 42 43 54 33 44 32 31
Stock-based pay 3 4 5 6 6 6 10 9 10 9 8 10 10 10 11 12 11 10
Free cash flow after stock pay −15 12 11 12 16 7 23 21 10 13 30 32 33 44 23 32 22 21
Balance sheet
Cash 15 25 33 17 18 15 24 20 18 14 26 49 46 30 21 16 18 14
Total debt 0 0 0 25 19 18 9 7 19 7 3 0 0 60 33 13 76 81
Net debt (negative = net cash) −15 −25 −33 8 1 4 −14 −13 1 −7 −23 −49 −46 29 12 −4 58 67
Diluted shares 38m 42m 42m 34m 32m 30m 32m 33m 32m 32m 32m 32m 33m 32m 28m 28m 28m 26m
Returned to shareholders
Dividends — — — 3 3 4 3 7 9 10 11 15 13 10 12 12 13 13
Buybacks 6 6 9 56 14 14 4 34 16 5 8 2 13 117 1 6 69 66
Total returned 6 6 9 59 17 17 7 41 24 15 19 17 26 127 13 19 82 78

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · June 26, 2026
What it owns · $209m
Short-term assets $85mLonger-term assets $124m
What it owes, and who funded it · $209m
Short-term liabilities $44mLonger-term liabilities $97mShareholders' equity $68m
  • Short-term assets cover short-term liabilities $85m of assets due within a year against $44m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $85m short-term assets against $97m of longer-dated liabilities.
  • More cash than debt $14m of cash against $81m of debt.
  • Debt below 40% of shareholders' equity Debt is 119% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $41m of operating cash flow against $81m of debt.
  • Operating profit covers interest at least five times over Operating income of $31m against $3m of interest.

From Hackett Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$65.5M
Dividends (TTM)
$12.6M
Returned to shareholders
251%
of free cash flow
Buybacks, last 3 fiscal years
$76.3M
Diluted share count
−7.4%
year over year
Total shareholder yield
23.5%
dividends 3.8% + buybacks 19.7% of market value
Dividend payout ratio
75%
of net income paid out
Sales & admin spending
28.5%
of revenue

Competitors: side by side with peers

Closest by revenue in it consulting & other services
Last 12 months unless stated HCKT INOD RCMT TLS TSSI GDYN Median
Revenue, last 12 months $287m $317m $334m $194m $193m $433m $383m
Revenue growth, last 12 months −9.1% 39.0% 11.2% 65.9% −26.5% 6.6% 5.7%
Revenue growth, 3-year average −0.4% 60.8% 8.3% 2.7% 68.9% 11.1% 4.3%
Revenue growth, latest quarter −12.1% 57.8% 20.0% 32.7% −20.1% 9.7% 4.7%
Gross margin 41.3% 39.5% 26.9% 36.6% 17.0% 36.5% 28.0%
Operating margin 10.9% 15.8% 7.7% −9.9% 2.0% 1.7% 5.9%
Operating margin, 3-year average 12.2% — 8.2% −28.4% 2.4% 0.0% 7.5%
Net margin 5.9% 14.7% 5.1% −8.1% 7.4% 1.8% 2.2%
Cash from operations / revenue 14.1% 61.9% 7.1% 17.9% −4.9% 9.3% 6.7%
Free-cash-flow margin 10.9% 58.0% 6.8% 17.4% −10.9% 6.1% 5.0%
Free-cash-flow margin, 3-year average 12.3% 25.0% 2.9% 3.0% 13.7% 5.9% 6.7%
Stock pay / revenue 3.4% 5.9% 1.1% 11.1% 2.2% 5.7% 2.2%
Change in share count −7.4% 1.7% −3.4% 3.5% 10.7% −3.2% 0.9%

Median of all 40 companies we cover in it consulting & other services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 it consulting & other services companies
Measure Company Peer median Rank
Revenue growth Growth -9.1% 6.5% 34 of 40
Change in growth rate Growth -3.4pp -0.8pp 28 of 40
Gross margin Profitability 41.3% 28.2% 7 of 34
Operating margin Profitability 10.9% 5.9% 9 of 36
Net margin Profitability 5.9% 2.5% 15 of 40
Free-cash-flow margin Cash generation 10.9% 5.1% 9 of 38
Stock pay as % of revenue Cash generation 3.4% 2.3% 27 of 36
Long-term debt as % of assets Balance sheet 38.8% 11.8% 22 of 27
Change in share count Balance sheet -7.4% 0.9% 4 of 39

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 26, 2025
Segments
Line of business Revenue Share YoY
Global S and BT $170M 55.5% ▼ 0.9%
Oracle Solutions $72.7M 23.8% ▼ 15.2%
Sap Solutions $63.4M 20.7% ▲ 11.1%
Products and services
Line of business Revenue Share YoY
Revenue Before Reimbursements $301M 98.4% ▼ 2.0%
Reimbursements $4.8M 1.6% ▼ 30.0%
Geography
Region Revenue YoY
United States $246M ▼ 5.2%
Europe $34.3M ▼ 2.9%
United Kingdom $29.5M ▲ 10.9%
Other Australia Canada India and Uruguay $25.3M ▲ 32.2%

These categories overlap or exclude eliminations, so shares aren't shown.

From Hackett Group, Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$227M
Institutions reporting
165
Shares held vs prior quarter
▼ 1.2%
Positions opened / closed
32 / 37

Top buyers and sellers, Q2 2026: 89 institutions bought and 91 sold ; the biggest buyer was Millennium Management LLC (+549K shares) and the biggest seller UBS Group AG (−474K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Royce & Associates LP $33.3M 3.1M 14.7% ▲ 4.5%
Blackrock, Inc. $19M 1.8M 8.4% ▼ 15.7%
Vanguard Capital Management LLC $10.9M 1.0M 4.8% ▲ 1.7%
Millennium Management LLC $9.8M 908K 4.3% ▲ 153.0%
Goldman Sachs Group Inc $9.7M 896K 4.3% ▲ 3.8%
Renaissance Technologies LLC $8.4M 783K 3.7% ▼ 13.0%
Russell Investments Group, Ltd. $8M 738K 3.5% ▲ 174.3%
Vanguard Portfolio Management LLC $7.9M 737K 3.5% ▼ 4.9%
Dimensional Fund Advisors LP $7.8M 727K 3.5% ▼ 10.2%
Bank Of America Corp $7.7M 713K 3.4% ▼ 10.4%
Geode Capital Management, LLC $6.6M 611K 2.9% ▲ 3.0%
Pacific Ridge Capital Partners, LLC $6.6M 609K 2.9% ▲ 801.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Hackett Group, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 17, 2026
  • November 4, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Hackett Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Hackett Group, Inc. in brief

What does Hackett Group, Inc. do?
Hackett Group, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in December.
What is Hackett Group, Inc.'s stock ticker?
Hackett Group, Inc. trades under the ticker HCKT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Hackett Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Hackett Group, Inc. reported revenue of $287M, 9.1% lower than a year earlier, according to its SEC filings.
What is Hackett Group, Inc.'s free cash flow?
Hackett Group, Inc.'s free-cash-flow margin is 10.9% of revenue over the trailing twelve months, ranking 9 of the 38 it consulting & other services companies we cover.
What is Hackett Group, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Hackett Group, Inc.'s free cash flow after stock-based pay gives ~$15 per share in the base case, and ~$10–$20 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Hackett Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Royce & Associates LP, Blackrock, Inc. and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Hackett Group, Inc. buying back stock, and does it pay a dividend?
Hackett Group, Inc. spent $65.5M on share repurchases over the trailing twelve months, and its diluted share count fell 7.4% over the year.
What is Hackett Group, Inc.'s market cap?
On November 2, 2026, Hackett Group, Inc.'s market capitalisation was about $347M, with a price-to-earnings ratio of 20.6 and net debt of $66.7M. Market figures come from third-party market data and may be delayed.
Does Hackett Group, Inc. pay a dividend?
Yes: Hackett Group, Inc. paid $12.6M in dividends over the trailing twelve months, a dividend yield of 3.79% and a payout ratio of 74.8%.
How much debt does Hackett Group, Inc. have?
Hackett Group, Inc.'s debt-to-equity ratio is 118.6%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Hackett Group, Inc.'s competitors?
In our IT Consulting & Other Services peer group, the companies closest to Hackett Group, Inc. are Innodata Inc, RCM Technologies, Inc., Telos Corp, TSS, Inc. and Grid Dynamics Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Hackett Group, Inc.'s.
When is Hackett Group, Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Hackett Group, Inc. announces its own schedule.