The Hackett Group, Inc. operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally. The company offers Hackett AI XPLR, an enterprise-wide Gen AI assessment, ideation and solution design platform; XT, a Gen AIenabled business transformation acceleration platform; AIXelerator, a platform designed to support enterprise application implementation and modernization engagements; Ask Hackett and Hackett Connect, a Gen AIassisted knowledge and insight capability that enables Hackett associates to support delivery of executive advisory and applied intelligence programs; Quantum Leap, a software-as-a-service platform, and Digital Transformation Platform, a platform that translate benchmark insight into actionable execution steps; and ZBrain, a Gen AI engineering and agentic workflow build capability. It also provides Gen AIenabled delivery platforms including, supply chain and operation, finance, human resources, information technology, procurement, corporate services, as well as selected enterprise application implementation services, including Oracle, SAP, OneStream, and eProcurement applications. In addition, the company offers oracle solutions that help clients to choose and deploy oracle applications that meet needs and objectives; SAP solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change and exception management, process transparency, system documentation, and end-user training; off-shore application development, and application maintenance and support services; and sells SAP suite of applications. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $306M | $29M | $13M | $32M | 19.0% | -2.6% | -56.3% |
| 2024 | $314M | $49M | $30M | $44M | 25.6% | 5.8% | -13.2% |
| 2023 | $297M | $53M | $34M | $33M | 37.9% | 1.0% | -16.3% |
| 2022 | $294M | $59M | $41M | $54M | 70.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 293.74 | 296.59 | 313.86 | 305.63 |
| Operating Revenue | - | 289.69 | 291.27 | 307.03 | 300.85 |
| Cost Of Revenue | - | 178.17 | 180.21 | 190.62 | 188.46 |
| Gross Profit | - | 115.58 | 116.38 | 123.24 | 117.16 |
| Operating Expense | - | 60.98 | 65.94 | 78.55 | 90.52 |
| Selling General And Administration | - | 60.98 | 65.94 | 78.55 | 90.52 |
| Total Expenses | - | 239.14 | 246.15 | 269.17 | 278.98 |
| Operating Income | - | 54.60 | 50.44 | 44.69 | 26.65 |
| Total Operating Income As Reported | - | 55.25 | 49.26 | 44.59 | 23.53 |
| EBITDA | - | 58.68 | 52.68 | 48.51 | 28.71 |
| Normalized EBITDA | - | 58.03 | 53.86 | 48.61 | 31.83 |
| EBIT | - | 55.25 | 49.26 | 44.59 | 23.53 |
| Interest Expense | - | 0.14 | 3.24 | 1.59 | 1.72 |
| Net Interest Income | - | -0.14 | -3.24 | -1.59 | -1.72 |
| Other Income Expense | - | 0.65 | -1.18 | -0.10 | -3.11 |
| Net Non Operating Interest Income Expense | - | -0.14 | -3.24 | -1.59 | -1.72 |
| Pretax Income | - | 55.10 | 46.03 | 42.99 | 21.82 |
| Tax Provision | - | 14.30 | 11.88 | 13.36 | 8.88 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.17 | -0.30 | -0.03 | -0.65 |
| Net Income Continuous Operations | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Net Income From Continuing And Discontinued Operation | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Net Income From Continuing Operation Net Minority Interest | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Net Income | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Net Income Common Stockholders | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Net Income Including Noncontrolling Interests | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Normalized Income | - | 40.32 | 35.03 | 29.70 | 15.40 |
| Diluted NI Availto Com Stockholders | - | 40.80 | 34.15 | 29.63 | 12.94 |
| Basic Average Shares | - | 31.40 | 27.17 | 27.56 | 27.30 |
| Diluted Average Shares | - | 31.96 | 27.64 | 28.09 | 27.91 |
| Reconciled Depreciation | - | 3.44 | 3.42 | 3.92 | 5.18 |
| Reconciled Cost Of Revenue | - | 178.17 | 180.21 | 190.62 | 188.46 |
| Total Unusual Items | - | 0.65 | -1.18 | -0.10 | -3.11 |
| Total Unusual Items Excluding Goodwill | - | 0.65 | -1.18 | -0.10 | -3.11 |
| Net Income Discontinuous Operations | -0.01 | 0 | 0 | - | - |
| Special Income Charges | - | 0.65 | -1.18 | -0.10 | -3.11 |
| Other Special Charges | - | - | 1.18 | 0.10 | - |
| Restructuring And Mergern Acquisition | - | -0.65 | 0 | 0 | 3.11 |
| General And Administrative Expense | 59.19 | 60.98 | - | - | - |
| Other Gand A | 55.83 | 60.98 | - | - | - |
| Salaries And Wages | 3.36 | - | - | - | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Hackett Group, Inc.this co. | HCKT | $279M | 21.54 | 4.09 | 19.0% | 11.80 |
| TechTarget, Inc. | TTGT | $306M | - | 0.51 | -169.6% | - |
| 8x8, Inc. | EGHT | $289M | 175.63 | 1.97 | 1.1% | 10.59 |
| Asure Software, Inc. | ASUR | $261M | -19.88 | 1.32 | -6.6% | 15.09 |
| Conduent Incorporated | CNDT | $259M | -1.52 |
| - |
| - |
| - |
| - |
| - |
| 0.38 |
| -24.8% |
| 10.57 |
| Blaize Holdings, Inc. | BZAI | $258M | -1.24 | 6.60 | -530.5% | -2.37 |
| CS Disco, Inc. | LAW | $251M | -5.67 | 1.96 | -34.6% | -5.37 |
| Richardson Electronics, Ltd. | RELL | $251M | -219.31 | 1.60 | -0.7% | 32.74 |
| Aviat Networks, Inc. | AVNW | $250M | 186.71 | 0.95 | 0.5% | 15.93 |
| Peer Median | - | -1.52 | 1.46 | -15.7% | 10.59 | |