Huron Consulting Group Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, disclosing third-quarter and nine-month financial results including revenue growth, net income, and balance sheet changes.

Key Highlights

  • Total revenues of $491.5 million for the three months ended September 30, 2026, compared with $441.3 million in the same period of 2025, according to the filing.
  • Net income of $28.4 million for Q3 2026, versus $30.4 million in Q3 2025, as reported in the consolidated statements of operations.
  • Diluted earnings per share of $1.75 for the third quarter of 2026, compared with $1.71 in the prior-year quarter.
  • Nine-month revenues before reimbursable expenses reached $1.391 billion, up from $1.231 billion for the same nine-month period in 2025.
  • Long-term debt rose to $793.9 million as of September 30, 2026, from $489.7 million at December 31, 2025.
  • Goodwill stood at $808.3 million as of September 30, 2026, up from $786.9 million at December 31, 2025.
  • Shares outstanding totaled 15,780,750 as of October 27, 2026, as stated on the cover page.

Huron Consulting's Third-Quarter 2026 Financial Results and Balance Sheet

Huron Consulting Group Inc. (NASDAQ:HURN), a Delaware-incorporated consulting firm headquartered at 550 West Van Buren Street, Chicago, Illinois, reported total revenues of $491.5 million for the three months ended September 30, 2026, according to the filing. Revenues before reimbursable expenses were $482.5 million in the quarter, compared with $432.4 million in the third quarter of 2025. For the nine months ended September 30, 2026, the company reported total revenues of $1.418 billion, up from $1.257 billion in the year-earlier nine-month period.

The filing disclosed operating income of $58.8 million for Q3 2026, compared with $50.0 million in Q3 2025. Net income for the quarter was $28.4 million, a decrease from $30.4 million in the prior-year quarter. The company reported net income per diluted share of $1.75 for Q3 2026 versus $1.71 in Q3 2025. For the nine months ended September 30, 2026, net income was $82.9 million and diluted earnings per share were $4.96, compared with $74.4 million and $4.13 for the same period in 2025. Interest expense, net of interest income, was $12.2 million for Q3 2026 versus $11.0 million in Q3 2025. The filing also noted other losses of $4.9 million in Q3 2026, compared with no such losses in Q3 2025.

As of September 30, 2026, total assets were $1.677 billion, up from $1.527 billion at December 31, 2025. The increase in long-term debt, net of current portion, from $489.7 million to $793.9 million was among the more notable balance sheet changes disclosed. Total stockholders' equity decreased to $392.3 million from $528.6 million at December 31, 2025, reflecting share repurchases and other adjustments reported in the equity statements. The company repurchased shares during the quarter at a total cost disclosed within the equity statement as $26.3 million for the three months ended September 30, 2026. The filing identified the registrant as a large accelerated filer.

What Was Disclosed

Huron Consulting Group filed a 10-Q for the quarter ended September 30, 2026, reporting third-quarter total revenues of $491.5 million, net income of $28.4 million, diluted EPS of $1.75, and a rise in long-term debt to $793.9 million, with 15,780,750 shares outstanding as of October 27, 2026.