Huron Consulting Group Inc. reported significant financial growth in its latest quarterly results, with total revenues reaching $475.0 million for the second quarter of 2026, a 15.4% increase from $411.8 million in the same period last year. The company's revenues before reimbursable expenses (RBR) also saw a notable rise, climbing to $465.6 million, up from $402.5 million. This growth was driven by strong demand across all three operating segments—Healthcare, Education, and Commercial—and included $19.5 million in incremental RBR from acquisitions made since March 2025. Net income for the quarter increased by 60.8% to $31.2 million, translating to diluted earnings per share of $1.91, a substantial rise from $1.09 in the prior year.
In comparison to the previous fiscal period, Huron's operating expenses increased by 16.0% to $424.8 million, primarily due to a $42.2 million rise in direct costs associated with compensation for revenue-generating professionals. The company reported a slight decrease in operating margin to 10.8% from 11.3% year-over-year. The increase in expenses was attributed to higher salaries, performance bonuses, and share-based compensation, reflecting the company's investment in talent to meet growing market demand. Additionally, the company incurred $3.9 million in other losses related to the fair value of contingent consideration liabilities from business acquisitions.
Strategically, Huron expanded its capabilities through the acquisition of RelateCare, a provider of AI-enabled clinical and patient access solutions, in June 2026. This acquisition is expected to enhance Huron's managed services offerings within the Healthcare segment. The company has also made several acquisitions in 2025, including Treliant and WP&C, which have contributed to its revenue growth and expanded its market presence. As of June 30, 2026, Huron employed 5,335 revenue-generating professionals, a 7.0% increase from the previous year, with a significant rise in Managed Services professionals due to recent acquisitions.
Looking ahead, Huron's management expressed confidence in the company's growth trajectory, emphasizing its commitment to expanding its service offerings in healthcare and education while also enhancing its presence in commercial industries. The company aims to leverage its strong balance sheet and cash flows to support strategic acquisitions and return capital to shareholders. Huron's outlook remains positive, with expectations for continued revenue growth driven by increased demand for its consulting and managed services, as well as its digital capabilities.
About Huron Consulting Group Inc.
Huron Consulting Group Inc. is a global professional services firm providing strategy, operations, digital transformation, and management consulting primarily to healthcare, education, and commercial industries. Its offerings include advisory, managed services, and software products that enhance client performance and compliance. With a focus on industry expertise, innovation, and a strong client base, Huron aims to deliver sustainable results through diverse, technology-enabled solutions.
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