HURN

EX-99.1

2 hurn2026930exh991.htm

EX-99.1

Document

Exhibit 99.1

NEWSMEDIA CONTACT

Allie Bovis

FOR IMMEDIATE RELEASEabovis@hcg.com

INVESTOR CONTACT

John D. Kelly

investor@hcg.com

Huron Announces Third Quarter 2026 Financial Results and Raises 2026 Adjusted Diluted EPS Guidance

THIRD QUARTER 2026 FINANCIAL HIGHLIGHTS

•Revenues before reimbursable expenses (RBR) increased $50.2 million, or 11.6%, to a record $482.5 million in Q3 2026 from $432.4 million in Q3 2025.

•Net income was $28.4 million, or 5.8% of total revenues, in Q3 2026, compared to $30.4 million, or 6.9% of total revenues, in Q3 2025. Results for Q3 2026 include a non-cash credit loss of $5.9 million related to the company's convertible debt investment in a third-party.

•Adjusted EBITDA(8), a non-GAAP financial measure, increased $9.9 million, or 14.7%, to $77.3 million, or 16.0% of RBR(8), in Q3 2026 from $67.4 million, or 15.6% of RBR(8), in Q3 2025.

•Diluted earnings per share increased $0.04, or 2.3%, to $1.75 in Q3 2026 from $1.71 in Q3 2025. Results for Q3 2026 include the non-cash credit loss related to the company's convertible debt investment, which had an unfavorable $0.36 impact on diluted EPS for the period.

•Adjusted diluted earnings per share(8), a non-GAAP financial measure, increased $0.52, or 24.8%, to $2.62 in Q3 2026 from $2.10 in Q3 2025.

•Huron returned $26.3 million to shareholders in Q3 2026 by repurchasing 0.2 million shares of the company's common stock.

YEAR-TO-DATE 2026 FINANCIAL HIGHLIGHTS

•Revenues before reimbursable expenses (RBR) increased $161.3 million, or 13.1%, to $1.39 billion for the first nine months of 2026 from $1.23 billion for the same prior year period.

•Net income increased $8.5 million, or 11.4%, to $82.9 million, or 5.8% of total revenues, for the first nine months of 2026, compared to $74.4 million, or 5.9% of total revenues, for the same prior year period.

•Adjusted EBITDA(8), a non-GAAP measure, increased $31.1 million, or 18.3%, to $200.6 million, or 14.4% of RBR(8), for the first nine months of 2026 from $169.5 million, or 13.8% of RBR(8), for the same prior year period.

•Diluted earnings per share increased $0.83, or 20.1%, to $4.96 for the first nine months of 2026, compared to $4.13 for the same prior year period.

•Adjusted diluted earnings per share(8), a non-GAAP measure, increased $1.09, or 19.2%, to $6.76 for the first nine months of 2026 from $5.67 for the same prior year period.

•Huron returned $234.9 million to shareholders by repurchasing 1.7 million shares of the company's common stock in the first nine months of 2026, representing 10.0% of the company's common stock outstanding as of December 31, 2025.

2026 GUIDANCE AND OTHER HIGHLIGHTS

•Huron raises the midpoint of its previous guidance for full year 2026 adjusted diluted earnings per share(8) to $9.30, and affirms the midpoint and narrows its previous guidance for full year 2026 RBR expectations to a range of $1.855 billion to $1.885 billion.

•On October 29, 2026, Huron's board of directors authorized an increase to the company's share repurchase program from $900 million to $1.1 billion and an extension of the share repurchase program through December 31, 2028.

•Huron has been recognized by Consulting Magazine as a Best Firm to Work For for the 16th consecutive year.

•Huron was recognized by Fortune as one of its 2026 Best Workplaces in Consulting & Professional Services.

CHICAGO - Nov 3, 2026 - Global professional services firm Huron (Nasdaq: HURN) today announced financial results for the quarter ended September 30, 2026.

“We achieved record revenues before reimbursable expenses (RBR) in the third quarter of 2026, reflecting 12% growth over the third quarter of 2025. Our third quarter performance was driven by organic growth across all operating segments and double-digit percentage growth in our Consulting and Managed Services and Digital capabilities,” said Mark Hussey, chief executive officer and president of Huron.

“Our third quarter results continue our strong multi-year performance, further demonstrating the consistent execution by our highly talented global team and the differentiation of our industry focused, proprietary offerings. Combined with our year-to-date performance, our strong backlog and pipeline give us confidence to narrow our full-year RBR guidance range and raise our earnings guidance, which, at the midpoint, reflect double-digit percentage RBR growth for full year 2026 and continued margin expansion, while establishing a solid base for continued growth in 2027,” added Hussey.

THIRD QUARTER 2026 RESULTS

Revenues before reimbursable expenses (RBR) increased $50.2 million, or 11.6%, to $482.5 million for the third quarter of 2026, compared to $432.4 million for the third quarter of 2025. This growth reflects strength in demand across all three of the company's operating segments and across both the company's Consulting and Managed Services and Digital capabilities. The overall

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EX-99.1

2 hurn2026331exh991.htm

EX-99.1

Document

Exhibit 99.1

NEWSMEDIA CONTACT

Allie Bovis

FOR IMMEDIATE RELEASEabovis@hcg.com

INVESTOR CONTACT

John D. Kelly

investor@hcg.com

Huron Announces First Quarter 2026 Financial Results and Affirms Full Year 2026 Guidance

FIRST QUARTER 2026 FINANCIAL HIGHLIGHTS

•Revenues before reimbursable expenses (RBR) increased $48.0 million, or 12.1%, to a record $443.7 million in Q1 2026 from $395.7 million in Q1 2025.

•Net income was $23.2 million in Q1 2026, compared to $24.5 million in Q1 2025.

•Adjusted EBITDA(9), a non-GAAP financial measure, increased $9.1 million, or 21.9%, to $50.6 million in Q1 2026 from $41.5 million in Q1 2025.

•Diluted earnings per share increased to $1.34 in Q1 2026 from $1.33 in Q1 2025.

•Adjusted diluted earnings per share(9), a non-GAAP financial measure, increased $0.05, or 3.0%, to $1.73 in Q1 2026 from $1.68 in Q1 2025.

•Huron returned $155.5 million to shareholders by repurchasing 1.1 million shares of the company's common stock in Q1 2026, representing 6.5% of the company's common stock outstanding as of December 31, 2025.

2026 GUIDANCE AND OTHER HIGHLIGHTS

•Huron affirms its previous guidance for full year 2026, including RBR expectations in a range of $1.78 billion to $1.86 billion.

•For the second consecutive year, Huron has been Certified™ by Great Place To Work® in the United States, Canada, India, Singapore, and the United Kingdom.

CHICAGO - May 5, 2026 - Global professional services firm Huron (Nasdaq: HURN) today announced financial results for the quarter ended March 31, 2026.

“Revenues before reimbursable expenses (RBR) increased 12% in the first quarter of 2026 compared to 2025, driven by growth across the Healthcare, Education, and Commercial segments, including record RBR performance in Healthcare,” said Mark Hussey, chief executive officer and president of Huron. “We also continued our trajectory of margin expansion during the quarter, reflecting disciplined execution by our highly talented team.”

“We are encouraged by the strong start to the year and strength of our pipeline and backlog as we affirm our annual RBR and margin guidance. We continue to believe we are well positioned to serve as our clients’ trusted advisor as they evolve their business models and organizations to succeed in challenged markets and in an increasingly AI-enabled world. We remain focused on executing against the market tailwinds driving demand for our business and further strengthening our competitive position to best serve our clients and achieve our financial goals,” added Hussey.

FIRST QUARTER 2026 RESULTS

Revenues before reimbursable expenses (RBR) increased $48.0 million, or 12.1%, to $443.7 million for the first quarter of 2026, compared to $395.7 million for the first quarter of 2025. This growth reflects continued strength in demand for the company's Consulting and Managed Services capabilities within the Healthcare and Commercial segments. The overall increase includes $19.3 million of incremental RBR from the company's acquisitions completed since December 31, 2024. Excluding the $19.3 million of incremental RBR from the company's acquisitions, RBR grew 7.3% organically.

Net income was $23.2 million, or 5.1% of total revenues, for the first quarter of 2026, compared to $24.5 million, or 6.1% of total revenues, for the same quarter last year. 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. Diluted earnings per share increased to $1.34 for the first quarter of 2026, compared to $1.33 for the first quarter of 2025. The income tax expense in the first quarter of 2026 had an unfavorable $0.22 impact on diluted earnings per share, while the income tax benefit in the first quarter of 2025 had a favorable $0.17 impact on diluted earnings per share.

First quarter 2026 earnings before interest, taxes, depreciation and amortization (“EBITDA”)(9) increased $11.7 million, or 34.1%, to $45.9 million compared to $34.2 million in the same prior year period.

In addition to using EBITDA to evaluate the company’s financial performance, management uses other non-GAAP financial measures, which exclude the effect of the following items (in thousands).

Three Months Ended March 31,

20262025

Amortization of intangible assets$3,902 $2,036

Restructuring charges$663 $1,338

Other losses(10) $3,840 $—

Gain on sale of business$(303)$—

Transaction-related expenses$823 $1,296

Unrealized loss on long-term investments

$— $4,210

Tax effect of adjustments$(2,135)$(2,309)

Foreign currency transaction losses (gains), net$(347)$399

Adjusted EBITDA(9) increased $9.1 million, or 21.9%, to $50.6 million, or 11.4% of RBR(9), in the first quarter of 2026, compared to $41.5 million, or 10.5% of RBR(9), in the same quarter last year. Adjusted net income(9) was $30.0 million, or $1.73 per diluted share, for the first quart