Huron Consulting Group Inc. (HURN) SEC Filings & Earnings Calls

Acquisition integration risk

“The increase includes $19.5 million of incremental RBR from our acquisitions completed since March 31, 2025.” · word for word

Interest expense increase

“Interest expense, net of interest income increased $2.7 million to $11.9 million in the second quarter of 2026 from $9.3 million in the second quarter of 2025, which was primarily attributable to higher levels of borrowing under our senior secured credit facility.” · word for word

Acquisition integration risk (small tuck-ins)

“$19.5M incremental RBR from acquisitions completed since March 31, 2025.”

Dependence on AI capabilities for growth

“AI capabilities will continue to drive market-leading outcomes” · word for word

Tax expense volatility impacted net income; Q1 2026 had $3.8M tax expense vs $3.1M tax benefit in Q1 2025.

“Net income for the first quarter of 2026 includes $3.8 million of income tax expense, compared to an income tax benefit of $3.1 million recorded in the first quarter of 2025.” · word for word

Leverage Increase

“Our Consolidated Leverage Ratio as of March 31, 2026 was 3.14 to 1.00, compared to 1.93 to 1.00 as of December 31, 2025.” · word for word

Digital Capability Slowdown

“RBR within our Digital capability increased $0.3 million, or 0.2%, in the first quarter of 2026 to $172.1 million, compared to $171.8 million in the first quarter of 2025; and reflected an increase in RBR in our Education segment, partially offset by a decrease in RBR in our Commercial and Healthcare segments.” · word for word

Tax Rate Volatility

“For the three months ended March 31, 2026, our effective tax rate was 14.1% as we recognized income tax expense of $3.8 million on income of $27.1 million.” · word for word

Talent retention and competition

“Huron operates in a highly competitive talent market and our compensation philosophy is designed to pay-for-performance, rewarding and retaining our highest performing employees” · word for word

Equity dilution from compensation

“We recognize the dilutive impact of granting equity awards, and we reflect the expense associated with these awards in our adjusted EBITDA and adjusted diluted earnings per share metrics.” · word for word

Acquisition integration risk

“$27.3M incremental RBR from acquisitions in Q4; integration execution key.”

Digital capability decline in Healthcare segment

“Decreases in demand for Digital capability within Healthcare segment partially offset growth.”

Talent retention and competition risk

“If we are unable to hire and retain talented people in an industry where there is great competition for talent, it could have a serious negative effect on our prospects and results of operations.” · word for word

Client concentration and short-term contracts risk

“Many of our client contracts are short-term in duration and may be terminated by our clients with little or no notice and without penalty, which may cause our operating results to be unpredictable and may result in unexpected declines in our utilization and revenues.” · word for word

Healthcare and education regulatory risk

“The healthcare and education industries are highly regulated and are subject to changing political, legislative, regulatory, and other influences. Uncertainty in any of these areas could cause our clients to delay or postpone decisions to use our services.” · word for word

India operations risk

“We have significant operations in India, including approximately 3,500 employees, which could subject the Company to country-specific risks or exacerbate certain other risks.” · word for word

Non-cash impairment charge on convertible debt investment impacted net income.

“$8.2 million non-cash impairment charge, net of tax, related to convertible debt investment in a third-party.” · word for word

Integration of acquisitions may pose execution risk.

“Incremental revenues from acquisitions of $28.3 million; amortization of intangible assets increased.”

Commercial segment margin compression

“Commercial operating margin decreased to 16.4% from 24.5% primarily due to the increases in salaries and related expenses for our revenue-generating professionals and contractor expenses, as percentages of revenues before reimbursable expenses.” · word for word

Interest expense increase

“Interest expense, net of interest income increased $4.2 million to $11.0 million in the third quarter of 2025 from $6.8 million in the third quarter of 2024, which was primarily attributable to higher levels of borrowing and higher interest rates under our senior secured credit facility during the third quarter of 2025 compared to the third quarter of 2024.” · word for word

Acquisition integration risk

“Transaction-related expenses: $2,354 thousand for Q3 2025 vs $716 thousand for Q3 2024.”