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Huron Consulting Group HURN Commercial: — Revenues before reimbursable expenses

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Other financials

Income statement

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Revenue$475.0M+15.4%
Gross profit$163.9M+14.8%
Operating income$50.2M+10.1%
Net income$31.2M+60.8%
EPS (diluted)$1.91+75.2%

Balance sheet

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Cash & equivalents$31.2M-48.8%
Total debt$864.5M+24.6%
Total equity$384.8M-19.0%
Total assets$1.6B+11.1%

Cash flow

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Operating cash flow-$162.2M-51.8%
CapEx$5.2M+157%
Free cash flow-$167.8M-54.4%

Valuation

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Market cap$2.39B+7.0%
Enterprise value$3.22B+12.5%
P/E20.7×-0.6×
P/S1.3×-0.1×

Profitability

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Gross margin34%+0.2pp
Operating margin10.3%-0.2pp
Net margin6.4%-0.2pp
FCF margin7.1%-6.7pp

Returns & leverage

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Return on equity26.9%+5.3pp
Debt / equity2.2×+0.8×
Current ratio1.7×-0.3×

Where this comes from

Reported directly by Huron Consulting Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Huron Consulting Group’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050176
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total segment operating expenses104,77299,357206,805201,313
Segment operating income$37,416$32,329$64,994$55,389
Commercial:
Revenues before reimbursable expenses$93,958$75,382$185,001$149,834
Reimbursable expenses2,0441,4163,9722,768
Total revenues96,00276,798188,973152,602
Operating expenses:
Direct costs67,78156,214137,369113,393

Item 1. Consolidated Financial Statements (Unaudited)

FAQ

What is Huron Consulting Group's commercial: — revenues before reimbursable expenses?
Huron Consulting Group (HURN) reported commercial: — revenues before reimbursable expenses of $93.96M in Q2 2026.
How has Huron Consulting Group's commercial: — revenues before reimbursable expenses changed year-over-year?
Huron Consulting Group's commercial: — revenues before reimbursable expenses increased by 24.6% year-over-year, from $75.38M to $93.96M.
What is the long-term trend for Huron Consulting Group's commercial: — revenues before reimbursable expenses?
Over 4 years (2021 to 2025), Huron Consulting Group's commercial: — revenues before reimbursable expenses has grown at a 10.4% compound annual growth rate (CAGR), from $218.5M to $325.13M.
What does commercial: — revenues before reimbursable expenses mean?
This represents the core revenue generated by the Commercial segment, excluding pass-through costs billed to clients. It is a key performance indicator for assessing the segment's organic growth and the actual value of services delivered to clients.

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