Huron Consulting Group Q2 2025 Financial Results

Huron Consulting Group, a global professional services firm, has released its financial results for the second quarter of 2025. The company reported significant growth in revenues and adjusted earnings, despite facing some challenges in net income due to non-cash impairment charges.

Financial Highlights

For the second quarter of 2025, Huron reported revenues before reimbursable expenses of $402.5 million, an increase of 8.3% from $371.7 million in Q2 2024. Net income for the quarter was $19.4 million, down from $37.5 million in the same period last year, primarily due to an $8.2 million non-cash impairment charge related to the company's convertible debt investment in a third-party. Adjusted EBITDA increased by 8.8% to $60.6 million, and diluted earnings per share (EPS) were $1.09, compared to $2.03 in Q2 2024.

Business and Operational Highlights

The company saw organic revenue growth across all three operating segments: Healthcare, Education, and Commercial. The acquisition of AXIA Consulting in December 2024 contributed $13.1 million to the incremental revenues. The demand for Huron's Digital capabilities within the Commercial and Education segments, as well as Consulting and Managed Services within the Healthcare and Education segments, remained strong.

Strategic Initiatives and Corporate Developments

Huron amended its credit facility on July 30, 2025, extending the maturity date to July 30, 2030, improving all-in pricing, and increasing its total borrowing capacity to $1.1 billion. The company also repurchased 0.9 million shares of its common stock, returning $133.9 million to shareholders in the first six months of 2025.

Management's Perspective

Mark Hussey, CEO and President of Huron, expressed confidence in the company's growth prospects for 2025, citing the continued demand for Huron's expertise in helping clients navigate market disruptions and regulatory pressures. Hussey highlighted the company's updated annual guidance as a reflection of this confidence.

Future Outlook

Huron has increased its guidance for the full year 2025, expecting revenues before reimbursable expenses to range between $1.64 billion and $1.68 billion. The company also anticipates adjusted diluted EPS to be in the range of $7.30 to $7.70.

SEC Filing: Huron Consulting Group Inc. [ HURN ] - 8-K - Jul. 31, 2025