Question 1

What is Huron Consulting Group's reimbursable expenses?

Accepted Answer

Huron Consulting Group (HURN) reported reimbursable expenses of $9.41M in Q2 2026.

Question 2

How has Huron Consulting Group's reimbursable expenses changed year-over-year?

Accepted Answer

Huron Consulting Group's reimbursable expenses increased by 1.7% year-over-year, from $9.25M to $9.41M.

Question 3

What is the long-term trend for Huron Consulting Group's reimbursable expenses?

Accepted Answer

Over 4 years (2021 to 2025), Huron Consulting Group's reimbursable expenses has grown at a 14.2% compound annual growth rate (CAGR), from $21.32M to $36.31M.

Question 4

What does reimbursable expenses mean?

Accepted Answer

This represents revenue recognized from the pass-through of client-related expenses incurred during the delivery of professional services. It reflects the portion of total billings that are strictly reimbursements for out-of-pocket costs rather than fees for services rendered.

Line item	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Revenues:
Revenues before reimbursable expenses	$465,636	$402,505	$909,348	$798,195
Reimbursable expenses	9,406	9,250	17,461	17,701
Total revenues	475,042	411,755	926,809	815,896
Operating expenses:
Direct costs (exclusive of depreciation and amortization included below)	311,187	269,028	619,381	547,071
Reimbursable expenses	9,406	9,250	17,461	17,695
Selling, general and administrative expenses	89,793	80,217	174,504	156,851

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