Hackett Group (HCKT) Q3 FY2026 earnings: revenue $70 million, down 4.5% on the year

Hackett Group, Inc. (HCKT) reported revenue of $70 million for Q3 FY2026, the quarter ended 25 September 2026, down 4.5% on the same quarter a year earlier. Net income was $4 million, up 39.7% on the year, and diluted earnings per share $0.14. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$70 million

-4.5% on the year · +0.7% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

10.7%

7.5% a year earlier

Q4 FY2024Q3 FY2026

Net income

$4 million

+39.7% on the year · -19.3% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.14

+55.6% on the year · -22.2% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 5 new.

Revenue declined from prior-year quarter: Revenue before reimbursements was $68.9 million, down from $72.2 million a year earlier and up slightly from $68.3 million in the second quarter.
GAAP and adjusted EPS higher: Adjusted diluted EPS was $0.39 against $0.37 a year earlier. GAAP diluted EPS was $0.14 against $0.09, and net income was $3.6 million against $2.5 million.
Global S&BT revenue declined: Global S&BT revenue before reimbursements was $36.6 million, against $42.4 million. Segment contribution was $10.8 million against $13.2 million.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	69.8	69.3	73.1	+0.7%	-4.5%
Cost of revenue	42.1	41.6	43.4	+1.1%	-3.0%
Gross profit	27.7	27.7	29.7	0.0%	-6.8%
Gross margin	39.7%	40.0%	40.7%
Selling, general and administrative	18.8	19.5	21.2	-3.7%	-11.2%
Operating income	7.5	7.7	5.5	-2.9%	+37.1%
Operating margin	10.7%	11.1%	7.5%
Interest expense	1.2	1.2	0.4	-4.7%	+163.5%
Pre-tax income	6.3	6.5	5.0	-2.6%	+26.1%
Income tax	2.8	2.1	2.5	+32.6%	+12.1%
Effective tax rate	43.8%	32.2%	49.3%
Net income	3.6	4.4	2.5	-19.3%	+39.7%
Net margin	5.1%	6.4%	3.5%
Diluted EPS	$0.14	$0.18	$0.09	-22.2%	+55.6%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	1.8	15.2	11.4	-88.1%	-84.2%
Capital expenditure	3.1	2.6	2.4	+22.3%	+31.0%
Free cash flow	-1.3	12.6	9.0
Free cash flow margin	-1.9%	18.2%	12.3%
Cash from investing	-3.1	-2.6	-2.4
Cash from financing	-0.2	-4.5	-5.2
Depreciation and amortisation	1.4	1.4	1.4	-2.8%	+3.2%
Share-based compensation	2.3	2.1	2.7	+8.0%	-14.3%
Buybacks	1.8	3.9	17.4	-53.6%	-89.5%
Dividends paid	3.0	3.0	3.3	-1.4%	-9.8%
Diluted shares, weighted	25m	25m	28m	-0.8%	-9.6%
Shares outstanding at period end	25m	25m	27m	-0.3%	-8.6%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	71.0	68.2	102	+4.2%	-30.1%
Debt	86.1	80.9	43.8	+6.5%	+96.7%
Operating lease liabilities	0.7	0.9	1.5	-17.0%	-51.4%
Other liabilities	57.3	58.7	53.7	-2.5%	+6.5%
Total liabilities and equity	215	209	201	+3.1%	+7.2%
Fixed assets	28.6	26.6	n/a	+7.5%
Goodwill	90.0	90.1	90.6	-0.0%	-0.6%
Intangible assets	2.3	2.6	3.6	-12.3%	-36.9%
Cash and equivalents	12.6	14.2	13.9	-10.7%	-9.0%
Other assets	81.6	75.2	92.6	+8.6%	-11.9%
Total assets	215	209	201	+3.1%	+7.2%

Questions

What was Hackett Group's revenue in Q3 FY2026?

Hackett Group (HCKT) reported revenue of $70 million for Q3 FY2026, the quarter ended 25 September 2026, down 4.5% on the same quarter a year earlier.

How much did Hackett Group earn in Q3 FY2026?

Net income for Q3 FY2026 was $4 million, up 39.7% on the year, and diluted earnings per share $0.14.

When did Hackett Group report Q3 FY2026 results?

Hackett Group filed its 10-Q for the quarter ended 25 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 †	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	70.2	75.7	75.9	72.0	70.1	71.2	77.1	75.9	72.4	77.2	77.7	79.8	79.2	77.9	78.9	73.1	75.8	68.8	69.3	69.8
Cost of revenue	42.8	47.9	45.9	43.9	40.5	44.5	46.9	45.6	43.1	47.2	47.2	48.2	48.0	50.0	50.9	43.4	44.1	39.5	41.6	42.1
Gross profit	27.5	22.6	23.5	21.2	22.2	19.5	22.0	21.8	21.0	20.2	21.4	23.3	31.2	27.9	28.0	29.7	31.6	29.3	27.7	27.7
Gross margin	39%	30%	31%	29%	32%	27%	29%	29%	29%	26%	28%	29%	39%	36%	35%	41%	42%	43%	40%	40%
SG&A	15.5	14.4	15.9	14.6	16.1	15.4	17.4	16.5	16.6	18.3	18.0	18.7	23.5	23.4	23.4	21.2	22.5	18.4	19.5	18.8
Operating income	12.0	13.4	14.2	14.0	13.6	11.3	12.8	13.7	11.5	11.5	12.5	12.8	7.7	4.4	4.6	5.5	9.1	8.9	7.7	7.5
Operating margin	17%	18%	19%	19%	19%	16%	17%	18%	16%	15%	16%	16%	10%	6%	6%	7%	12%	13%	11%	11%
Interest expense	0.0	0.0	0.0	0.0	0.1	0.9	0.9	0.8	0.6	0.5	0.5	0.4	0.2	0.2	0.4	0.4	0.7	1.0	1.2	1.2
Pre-tax income	12.0	13.4	14.2	14.0	13.5	10.4	11.9	12.9	10.8	11.1	12.0	12.4	7.5	4.2	4.2	5.0	8.4	7.9	6.5	6.3
Tax rate	-38%	21%	28%	26%	28%	21%	27%	27%	28%	21%	27%	31%	53%	25%	61%	49%	33%	46%	32%	44%
Net income	16.5	10.5	10.2	10.4	9.7	8.2	8.7	9.4	7.8	8.7	8.7	8.6	3.6	3.1	1.7	2.5	5.6	4.3	4.4	3.6
Net margin	24%	14%	13%	14%	14%	11%	11%	12%	11%	11%	11%	11%	4%	4%	2%	3%	7%	6%	6%	5%
Diluted EPS	$0.50	$0.33	$0.32	$0.32	$0.31	$0.30	$0.32	$0.34	$0.28	$0.32	$0.31	$0.31	$0.12	$0.11	$0.06	$0.09	$0.21	$0.17	$0.18	$0.14
Operating cash flow	19.9	6.1	18.2	9.8	24.8	-3.1	7.7	7.2	25.6	2.8	13.7	10.6	20.6	4.2	5.6	11.4	19.1	-5.1	15.2	1.8
Capital expenditure	1.0	1.0	1.3	0.9	1.5	1.1	1.1	1.1	0.9	0.9	0.9	1.2	1.0	1.5	1.9	2.4	2.0	2.4	2.6	3.1
Free cash flow	18.9	5.1	17.0	8.9	23.3	-4.1	6.7	6.1	24.7	1.8	12.8	9.3	19.6	2.6	3.7	9.0	17.1	-7.5	12.6	-1.3
Buybacks	20.0	3.1	0.1	0.1	113	4.2	0.1	0.1	-3.7	1.1	0.0	1.7	3.6	6.2	4.3	17.4	41.2	3.0	3.9	1.8
Dividends paid	n/a	n/a	n/a	3.5	n/a	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.3	3.3	3.3	3.0	3.0	3.0
Shares outstanding	27m	32m	32m	32m	27m	27m	27m	27m	28m	28m	28m	28m	28m	28m	28m	27m	25m	25m	25m	25m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 25 September 2026, filed 4 November 2026: the filing.