XML 45 R32.htm IDEA: XBRL DOCUMENT
v3.26.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2026
Segment Reporting [Abstract] |
Components of Segment Information | The table below sets forth information about our reportable segments for the three months ended March 31, 2026 and 2025, along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements. We do not present financial information by geographic area because the financial results of our international operations are not significant to our consolidated financial statements.
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Healthcare: |  |  |  |  |  |  |
Revenues before reimbursable expenses |  |  |  |  | $ | 225,201 |  |  | $ | 198,490 |
Reimbursable expenses |  |  |  |  | 3,984 |  |  | 4,831 |
Total revenues |  |  |  |  | 229,185 |  |  | 203,321 |
Operating expenses: |  |  |  |  |  |  |
Direct costs |  |  |  |  | 147,594 |  |  | 130,312 |
Reimbursable expenses |  |  |  |  | 3,984 |  |  | 4,831 |
Selling, general and administrative expenses |  |  |  |  | 11,367 |  |  | 10,331 |
Depreciation and amortization |  |  |  |  | 1,861 |  |  | 1,567 |
Other segment items(1) |  |  |  |  | 426 |  |  | (36) |
Total segment operating expenses |  |  |  |  | 165,232 |  |  | 147,005 |
Segment operating income |  |  |  |  | $ | 63,953 |  |  | $ | 56,316 |
Education: |  |  |  |  |  |  |
Revenues before reimbursable expenses |  |  |  |  | $ | 127,468 |  |  | $ | 122,748 |
Reimbursable expenses |  |  |  |  | 2,143 |  |  | 2,268 |
Total revenues |  |  |  |  | 129,611 |  |  | 125,016 |
Operating expenses: |  |  |  |  |  |  |
Direct costs |  |  |  |  | 90,682 |  |  | 90,365 |
Reimbursable expenses |  |  |  |  | 2,143 |  |  | 2,268 |
Selling, general and administrative expenses |  |  |  |  | 7,357 |  |  | 8,362 |
Depreciation and amortization |  |  |  |  | 1,293 |  |  | 969 |
Other segment items(1) |  |  |  |  | 558 |  |  | (8) |
Total segment operating expenses |  |  |  |  | 102,033 |  |  | 101,956 |
Segment operating income |  |  |  |  | $ | 27,578 |  |  | $ | 23,060 |
Commercial: |  |  |  |  |  |  |
Revenues before reimbursable expenses |  |  |  |  | $ | 91,043 |  |  | $ | 74,452 |
Reimbursable expenses |  |  |  |  | 1,928 |  |  | 1,352 |
Total revenues |  |  |  |  | 92,971 |  |  | 75,804 |
Operating expenses: |  |  |  |  |  |  |
Direct costs |  |  |  |  | 69,588 |  |  | 57,179 |
Reimbursable expenses |  |  |  |  | 1,928 |  |  | 1,352 |
Selling, general and administrative expenses |  |  |  |  | 6,287 |  |  | 5,752 |
Depreciation and amortization |  |  |  |  | 61 |  |  | 236 |
Other segment items(1) |  |  |  |  | 211 |  |  | (11) |
Total segment operating expenses |  |  |  |  | 78,075 |  |  | 64,508 |
Segment operating income |  |  |  |  | $ | 14,896 |  |  | $ | 11,296 |
Total Huron: |  |  |  |  |  |  |
Revenues before reimbursable expenses |  |  |  |  | $ | 443,712 |  |  | $ | 395,690 |
|  |  | Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
Reimbursable expenses |  |  |  |  | 8,055 |  |  | 8,451 |
Total revenues |  |  |  |  | $ | 451,767 |  |  | $ | 404,141 |
Segment operating income |  |  |  |  | $ | 106,427 |  |  | $ | 90,672 |
Items not allocated at the segment level: |  |  |  |  |  |  |
Unallocated corporate expenses |  |  |  |  | 60,030 |  |  | 52,371 |
Other losses |  |  |  |  | 3,840 |  |  | — |
Restructuring charges |  |  |  |  | (532) |  |  | 1,392 |
Depreciation and amortization |  |  |  |  | 6,506 |  |  | 4,177 |
Operating income |  |  |  |  | 36,583 |  |  | 32,732 |
Other expense, net |  |  |  |  | (9,517) |  |  | (11,280) |
Income before taxes |  |  |  |  | $ | 27,066 |  |  | $ | 21,452 |
(1)Other segment items in each segment consists of restructuring charges for all periods presented.
Disaggregation of Revenue |
|  | Three Months Ended March 31, |  |
Total Revenues by Capability |  | 2026 |  | 2025 |  |  |  |
Healthcare: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 175,144 |  |  | $ | 147,033 |  |  |  |  |
Digital |  | 54,041 |  |  | 56,288 |  |  |  |  |
Total revenues |  | $ | 229,185 |  |  | $ | 203,321 |  |  |  |  |
Education: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 63,498 |  |  | $ | 64,658 |  |  |  |  |
Digital |  | 66,113 |  |  | 60,358 |  |  |  |  |
Total revenues |  | $ | 129,611 |  |  | $ | 125,016 |  |  |  |  |
Commercial: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 37,502 |  |  | $ | 17,092 |  |  |  |  |
Digital |  | 55,469 |  |  | 58,712 |  |  |  |  |
Total revenues |  | $ | 92,971 |  |  | $ | 75,804 |  |  |  |  |
Total Huron: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 276,144 |  |  | $ | 228,783 |  |  |  |  |
Digital |  | 175,623 |  |  | 175,358 |  |  |  |  |
Total revenues |  | $ | 451,767 |  |  | $ | 404,141 |  |  |  |  |
|  | Three Months Ended March 31, |  |
Revenues before Reimbursable Expenses by Capability |  | 2026 |  | 2025 |  |  |  |
Healthcare: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 172,191 |  |  | $ | 143,374 |  |  |  |  |
Digital |  | 53,010 |  |  | 55,116 |  |  |  |  |
Total revenues before reimbursable expenses |  | $ | 225,201 |  |  | $ | 198,490 |  |  |  |  |
Education: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 62,460 |  |  | $ | 63,544 |  |  |  |  |
Digital |  | 65,008 |  |  | 59,204 |  |  |  |  |
Total revenues before reimbursable expenses |  | $ | 127,468 |  |  | $ | 122,748 |  |  |  |  |
Commercial: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 36,966 |  |  | $ | 17,003 |  |  |  |  |
Digital |  | 54,077 |  |  | 57,449 |  |  |  |  |
Total revenues before reimbursable expenses |  | $ | 91,043 |  |  | $ | 74,452 |  |  |  |  |
Total Huron: |  |  |  |  |  |  |  |
Consulting and Managed Services |  | $ | 271,617 |  |  | $ | 223,921 |  |  |  |  |
Digital |  | 172,095 |  |  | 171,769 |  |  |  |  |
Total revenues before reimbursable expenses |  | $ | 443,712 |  |  | $ | 395,690 |  |  |  |  |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration