HACKETT GROUP, INC.
Business
The Hackett Group is a global Gen AI-enabled strategic advisory and business transformation firm combining proprietary benchmarking and best-practice process intelligence with domain-specific language model platforms. The company offers advisory services, business transformation delivery, enterprise application implementation for Oracle and SAP, and licensing of Gen AI platforms. It serves Global 2000 organizations across supply chain, finance, human resources, IT, procurement, and enterprise applications.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 306 | 314 | 297 | 294 | 279 | |
| Total cost of service | 188 | 191 | 180 | 178 | 173 | |
| Selling, general and administrative costs (includes $16,028, $9,033 and $4486 of stock compensation expense in 2025, 2024 and 2023, respectively) | 91 | 79 | 66 | 61 | 59 | |
| Restructuring costs | 3 | — | — | — | — | |
| Legal settlement and related costs | — | 102,000 | 1 | — | — | |
| Total costs and operating expenses | 282 | 269 | 247 | 238 | 232 | |
| Operating income | 24 | 45 | 49 | 55 | 46 | |
| Interest expense, net | −2 | −2 | −3 | −144,000 | −95,000 | |
| Income before income tax expense | 22 | 43 | 46 | 55 | 46 | |
| Income tax expense | 9 | 13 | 12 | 14 | 5 | |
| Net income | 13 | 30 | 34 | 41 | 42 | |
| Basic net income per common share | 0.47 | 1.08 | 1.26 | 1.3 | 1.38 | |
| Diluted net income per common share | 0.46 | 1.05 | 1.24 | 1.28 | 1.26 | |
| Weighted average common shares outstanding | 27 | 28 | 27 | 31 | 30 | |
| Weighted average common and common equivalent shares outstanding | 28 | 28 | 28 | 32 | 33 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 18 | 16 | 21 | 30 | 46 | |
| Accounts receivable and contract assets, net of allowance of $1,921 and $2,377 at December 26, 2025 and December 27, 2024, respectively | 60 | 57 | 52 | 48 | 51 | |
| Prepaid expenses and other current assets | 6 | 3 | 2 | 3 | 6 | |
| Total current assets | 84 | 76 | 75 | 81 | 102 | |
| Property, software and equipment, net | 24 | 20 | 20 | 19 | 18 | |
| Other assets | 358,000 | 350,000 | 285,000 | 268,000 | 620,000 | |
| Intangible assets, net | 3 | 2 | — | — | — | |
| Goodwill | 91 | 90 | 84 | 84 | 85 | |
| Operating lease right-of-use assets | 2 | 3 | 1 | 698,000 | 2 | |
| Deferred tax asset | 2 | 1 | — | — | — | |
| Total assets | 206 | 193 | 181 | 185 | 208 | |
| Accounts payable | 6 | 7 | 8 | 9 | 8 | |
| Accrued expenses and other liabilities | 29 | 31 | 27 | 31 | 30 | |
| Contract liabilities | 12 | 11 | 12 | 13 | 15 | |
| Income tax payable | 74,000 | 4 | 2 | 6 | — | |
| Operating lease liabilities | 1 | 965,000 | 1 | 870,000 | 2 | |
| Total current liabilities | 49 | 53 | 50 | 60 | 55 | |
| Deferred tax liability, net | 13 | 10 | 8 | 7 | 7 | |
| Long term debt, net | 76 | 13 | 33 | 60 | — | |
| Operating lease liabilities | 1 | 2 | 631,000 | 584,000 | 1 | |
| Total liabilities | 138 | 78 | 91 | 127 | 64 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred stock, $.001 par value, 1,250,000 shares authorized, none issued and outstanding | — | — | — | — | — | |
| Common stock, $.001 par value, 125,000,000 shares authorized; 61,886,232 and 61,031,629 shares issued at December 26, 2025 and December 27, 2024, respectively | 62,000 | 61,000 | 61,000 | 60,000 | 60,000 | |
| Additional paid-in capital | 353 | 332 | 317 | 308 | 300 | |
| Treasury stock, at cost, 36,793,733 and 33,540,472 shares at December 26, 2025 and December 27, 2024, respectively | −350 | −281 | −275 | −274 | −157 | |
| Retained earnings | 78 | 78 | 61 | 39 | 11 | |
| Accumulated other comprehensive loss | −13 | −14 | −13 | −15 | −10 | |
| Total shareholders' equity | 68 | 116 | 90 | 58 | 144 | |
| Total liabilities and shareholders' equity | 206 | 193 | 181 | 185 | 208 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income | 13 | 30 | 34 | 41 | 42 | |
| Depreciation expense | 4 | 4 | 3 | 3 | 3 | |
| Amortization expense | 1 | 148,000 | — | 154,000 | 1 | |
| Amortization of debt issuance costs | 90,000 | 78,000 | 72,000 | 82,000 | 45,000 | |
| Provision for doubtful accounts | 479,000 | 878,000 | 27,000 | 91,000 | 374,000 | |
| Loss on foreign currency transactions | 190,000 | 19,000 | 404,000 | −1 | −130,000 | |
| Deferred income tax expense (benefit) | 2 | −346,000 | 1 | −480,000 | 1 | |
| Increase in accounts receivable and contract assets | −2 | −5 | −4 | 3 | −18 | |
| Increase in prepaid expenses and other assets | −3 | −203,000 | −489,000 | 4 | −2 | |
| Decrease in accounts payable | −231,000 | −1 | −1 | 1 | 2 | |
| (Decrease) increase in accrued expenses and other liabilities | −2 | 364,000 | −3 | −6 | 4 | |
| Decrease in contract liabilities | −174,000 | −999,000 | −1 | −1 | 6 | |
| Increase (decrease) in income tax payable | −4 | 1 | −3 | 6 | −2 | |
| Net cash provided by operating activities | 40 | 48 | 37 | 59 | 46 | |
| Purchases of property and equipment | −8 | −4 | −4 | −5 | −3 | |
| Cash consideration paid for acquisitions | −767,000 | −7 | — | — | — | |
| Net cash used in investing activities | −9 | −11 | −4 | −5 | −3 | |
| Debt proceeds | 73 | — | 5 | 60 | — | |
| Repayments of debt | −10 | −20 | −32 | — | — | |
| Debt issuance costs | −7,000 | −56,000 | −14,000 | −381,000 | −4,000 | |
| Dividends paid | −13 | −12 | −12 | −10 | −13 | |
| Proceeds from ESPP | 1 | 998,000 | 937,000 | 876,000 | — | |
| Taxes paid to satisfy employee withholding tax obligations | −12 | −4 | −4 | −3 | −22 | |
| Repurchases of common stock | −69 | −6 | −734,000 | −117 | −13 | |
| Net cash used in financing activities | −30 | −42 | −43 | −70 | −47 | |
| Effect of exchange rate on cash | −74,000 | −38,000 | −33,000 | −51,000 | −33,000 | |
| Net increase (decrease) in cash | 2 | −5 | −9 | −16 | −4 | |
| Cash paid for income taxes | 13 | 12 | 13 | 5 | 9 | |
| Cash paid for interest | 2 | 2 | 3 | 78,000 | 57,000 | |
| Shares issued to sellers and key personnel of LeewayHertz | — | 12 | — | — | — | |
| Dividend declared during the year and paid the following year | 3 | 3 | 3 | 3 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is HACKETT GROUP, INC.'s CIK number?
HACKETT GROUP, INC.'s SEC CIK number is 0001057379 (1057379). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find HACKETT GROUP, INC.'s SEC filings?
All of HACKETT GROUP, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did HACKETT GROUP, INC. last report earnings?
HACKETT GROUP, INC. (HCKT) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-206496). This is HACKETT GROUP, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is HACKETT GROUP, INC.'s most recent earnings 8-K?
HACKETT GROUP, INC.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001193125-26-206496. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View HACKETT GROUP, INC.'s latest earnings 8-K →
Look up any company's CIK number →