| 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.
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| 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 | | | | | |
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