| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 73.11 | 7.3% | 8.4% |
| Total Income | 73.11 | 7.3% | 8.4% |
| Expenditure | 67.65 | 8.9% | 1.0% |
| PBT | 5.02 | 18.7% | 59.6% |
| Net Profit | 2.55 | 53.6% | 70.3% |
| OPM | 7.47% | 1.64pp | 8.58pp |
| NPM | 3.48% | 1.38pp | 7.28pp |
| EPS | 0.09 | 50.0% | 71.0% |
The Hackett Group Reports Q3 2025 Results, Announces Tender Offer
04 May 2026 · 4 May, 8:15 am
Summary
The Hackett Group announced its financial results for the third quarter ended September 26, 2025. Total revenue was $73.1 million, and revenue before reimbursements was $72.2 million. GAAP diluted earnings per share was $0.09, while adjusted diluted earnings per share was $0.37, at the midpoint of guidance. The company's Board of Directors approved an additional $40.0 million to its share repurchase plan and plans to launch a modified "Dutch auction" tender offer. The company estimates Q4 2025 revenue before reimbursements to be between $69.5 million and $71.0 million.
Key Highlights
- 1
The Hackett Group's total revenue for the third quarter of 2025 was $73.1 million, with revenue before reimbursements at $72.2 million.
- 2
GAAP diluted earnings per share was $0.09 in the third quarter of 2025, compared to $0.31 in the third quarter of 2024.
- 3
Adjusted diluted earnings per share for the third quarter of 2025 was $0.37, which was at the mid-point of the company's guidance.
- 4
As of September 26, 2025, the company's cash balances were $13.9 million, with $44.0 million outstanding on the company's credit facility.
- 5
The company repurchased 1.1 million shares of its stock during the quarter at an average price of $20.70 for a total of $22.9 million.
- 6
Subsequent to the end of the third quarter, the Board of Directors approved an additional $40.0 million to its share repurchase plan.
- 7
The company estimates total revenue before reimbursements for the fourth quarter of 2025 will be in the range of $69.5 million to $71.0 million.
Management Comments
Ted A. Fernandez
"We reported operating results that were at the mid-range of our adjusted earnings per share guidance. This was achieved while continuing our pivot to Gen AI, including aggressively investing in our highly differentiating AI XPLR platform and growing our Gen AI revenues." "What distinguished this quarter was the release of our AI XPLR V4 in September and the overwhelmingly positive response to our new capabilities and described by one of our channel partners as game changing. AI XPLR V4 fully considers the client’s existing automation footprint and data sources at a level of detail to identify and design agentic workflows, which ensures implementation success and value realization with unprecedented speed. More importantly, V4 is allowing us to attract clients and channel partners that are expected to accelerate our growth in this rapidly growing area."
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