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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The table below sets forth the changes in the carrying value of goodwill by reportable segment for the nine months ended September 30, 2025.

Healthcare
EducationCommercialTotal
Balance as of December 31, 2024:
Goodwill$643,552 $145,981 $345,102 $1,134,635 
Accumulated impairment losses(190,024)(1,417)(264,451)(455,892)
Goodwill, net as of December 31, 2024$453,528 $144,564 $80,651 $678,743 
Goodwill recorded in connection with business acquisitions(1)
53,760 6,219 42,867 102,846 
Foreign currency translation— 190 (22)168 
Goodwill, net as of September 30, 2025$507,288 $150,973 $123,496 $781,757 
(1)    See Note 4 "Acquisitions" for additional information on business combinations completed in 2025. Of the $102.8 million of goodwill recorded in the first nine months of 2025, $53.8 million related to the acquisition of Eclipse Insights within our Healthcare segment; $26.3 million related to the acquisition of Treliant within our Commercial segment; $16.5 million related to the acquisition of WP&C within our Commercial segment; and $6.2 million related to the remaining acquisitions completed in 2025. Goodwill is recognized for the excess of purchase price over the net fair value of assets acquired and liabilities assumed, and largely reflects the expanded market opportunities expected from combining the service offerings of Huron and the businesses acquired, as well as the assembled workforces of businesses acquired. The current acquisition date fair values of goodwill acquired in the Treliant and WP&C acquisitions are considered preliminary and are based on the information that was available as of the date of each acquisition. Of the $102.8 million of goodwill recorded in the first nine months of 2025, $98.3 million is expected to be tax deductible.
Intangible Assets
Intangible assets as of September 30, 2025 and December 31, 2024 consisted of the following:
As of September 30, 2025As of December 31, 2024
Useful Life 
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Customer relationships
4 to 10
$82,021 $14,840 $30,683 $9,790 
Technology and software
2 to 5
17,970 13,999 16,230 12,771 
Trade names66,000 6,000 6,000 6,000 
Customer contracts
2 to 4
1,487 1,151 1,483 418 
Non-competition agreements
2 to 5
1,380 910 1,260 601 
Total$108,858 $36,900 $55,656 $29,580 
Schedule of Future Amortization Expense
The table below sets forth the estimated annual amortization expense for the intangible assets recorded as of September 30, 2025.
Year Ending December 31,Estimated Amortization Expense
2025$11,334 
2026$15,114 
2027$12,809 
2028$11,133 
2029$8,612