The Hackett Group Announces Third Quarter 2025 Results and Intent to Launch Dutch Tender Offer

MIAMI--( BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm that enables Digital World Class ® performance, today announced its financial results for the third quarter, which ended on September 26, 2025.

“We reported operating results that were at the mid-range of our adjusted earnings per share guidance. This was achieved while continuing our pivot to Gen AI, including aggressively investing in our highly differentiating AI XPLR platform and growing our Gen AI revenues,” stated Ted A. Fernandez, Chairman and CEO of The Hackett Group, Inc. “What distinguished this quarter was the release of our AI XPLR V4 in September and the overwhelmingly positive response to our new capabilities and described by one of our channel partners as game changing. AI XPLR V4 fully considers the client’s existing automation footprint and data sources at a level of detail to identify and design agentic workflows, which ensures implementation success and value realization with unprecedented speed. More importantly, V4 is allowing us to attract clients and channel partners that are expected to accelerate our growth in this rapidly growing area.”

Financial Highlights

Business Outlook for the Fourth Quarter of 2025

Based on the Company’s current outlook:

Conference Call and Webcast Details

On Tuesday, November 4, 2025, senior management will discuss third quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Third Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, November 4, 2025 and will run through 5:00 P.M. ET on Tuesday, November 18, 2025. To access the rebroadcast, please dial (866) 510-4834. For International callers, please dial (203) 369-1942.

In addition, The Hackett Group will also be webcasting this conference call live. To participate, simply visit https://www.thehackettgroup.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. An online replay of the call will be available after 8:00 P.M. ET on Tuesday, November 4, 2025 and will run through 5:00 P.M. ET on Tuesday, November 18, 2025. To access the replay, visit www.thehackettgroup.com.

Use of Non-GAAP Financial Measures

The Company provides adjusted earnings results (which excluded non-cash stock-based compensation expense, acquisition-related cash and non-cash stock-based compensation expense, acquisition related costs, amortization expense, legal settlement and related costs, non-recurring charges and includes a GAAP tax rate) as a complement to results provided in accordance with Generally Accepted Accounting Principles (GAAP). These non-GAAP results are provided to enhance the users' overall understanding of the Company's current financial performance and its prospects for the future. The Company believes the non-GAAP results provide useful information to both management and investors and by excluding certain expenses that it believes are not indicative of its core operating results. The non-GAAP measures are included to provide investors and management with an alternative method for assessing operating results in a manner that is focused on the performance of its ongoing primary operations and to provide a consistent basis for comparison between quarters. Further, these non-GAAP results are one of the primary indicators management uses for planning and forecasting. The presentation of this additional non-GAAP information should be considered in addition to, and not as a substitute for or superior to, any results prepared in accordance with GAAP. See the reconciliation of actual results titled “Reconciliation of GAAP to Non-GAAP Measures” in the accompanying tables.

About The Hackett Group ®

The Hackett Group, Inc. (NASDAQ: HCKT) is an IP and platform-based, Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance. Using AI XPLR™ and ZBrain™ – our ideation through implementation platforms – our experienced professionals help organizations realize the power of Gen AI and achieve quantifiable, breakthrough results, allowing us to be key architects of their Gen AI journey.

Our expertise is grounded in unparalleled best practices insights from benchmarking the world’s leading businesses – including 97% of the Dow Jones Industrials, 90% of the Fortune 100, 70% of the DAX 40 and 51% of the FTSE 100. Visit us at www.thehackettgroup.com.

Trademarks

The Hackett Group ®, quadrant logo, and Digital World Class ® are the registered marks of The Hackett Group ®.

Cautionary Statement Regarding “Forward-Looking” Statements

This release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group to effectively market its digital transformation, our ability to transition our capabilities to support generative artificial intelligence (AI)-related consulting services and solutions and other consulting services, our ability to effectively integrate acquisitions, including the LeewayHertz and Spend Matters acquisitions into our operations, our ability to manage joint ventures and successfully cooperate with our joint venture partners, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group and its services as well as other risk detailed in The Hackett Group’s reports filed with the United States Securities and Exchange Commission. The Hackett Group does not undertake any duty to update this release or any forward-looking statements contained herein.

Additional Information Regarding the Tender Offer

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any security. The tender offer described above has not yet commenced, and there can be no assurances that the Company will commence the tender offer on the terms described in this press release or at all. On the commencement date of the tender offer, the Company will file a tender offer statement on Schedule TO, including an offer to purchase, letter of transmittal and other tender offer materials, with the SEC. The tender offer will only be made pursuant to the offer to purchase, the related letter of transmittal and the other tender offer materials filed as part of the Schedule TO. When available, shareholders should read carefully the offer to purchase, the related letter of transmittal and other tender offer materials because they will contain important information, including the terms and conditions of the tender offer. Once the tender offer commences, shareholders will be able to obtain a free copy of the tender offer statement on Schedule TO, the offer to purchase, letter of transmittal and other documents that the Company will be filing with the SEC at the SEC’s website at www.sec.gov or from the Company’s information agent for the tender offer

2025

2024

2025

2024

72,166

77,949

226,026

229,572

945

1,828

3,849

5,048

73,111

79,777

229,875

234,620

42,433

46,417

140,485

137,583

945

1,828

3,849

5,048

43,378

48,245

144,334

142,631

21,162

18,732

67,972

55,046

102

3,112

67,652

66,977

215,418

197,779

5,459

12,800

14,457

36,841

(438

)

(368

)

(1,006

)

(1,352

)

5,021

12,432

13,451

35,489

2,474

3,845

6,100

9,423

2,547

8,587

7,351

26,066

0.09

0.31

0.27

0.95

27,288

27,645

27,492

27,561

0.09

0.31

0.26

0.93

27,615

28,142

28,161

27,920

2025

2024

13,895

16,366

57,286

57,079

9,196

2,901

80,377

76,346

23,084

20,343

369

350

3,575

2,312

90,565

89,782

2,687

2,744

200,657

191,877

4,621

6,503

24,537

30,789

11,896

11,118

424

3,753

1,183

965

42,661

53,128

11,074

8,464

43,795

12,734

1,503

1,977

99,033

76,303

101,624

115,574

200,657

191,877

2025

2024

2025

2024

42,398

43,252

128,651

125,068

21,440

22,781

66,526

67,800

20,958

20,471

62,125

57,268

7,717

6,378

23,111

20,374

13,241

14,093

39,014

36,894

16,353

21,838

57,243

65,063

11,751

14,303

39,377

43,220

4,602

7,535

17,866

21,843

1,921

2,014

6,368

5,693

2,681

5,521

11,498

16,150

13,415

12,859

40,132

39,442

8,183

7,175

23,035

21,341

5,232

5,684

17,097

18,101

1,569

1,986

5,293

6,267

3,663

3,698

11,804

11,834

19,585

23,312

62,316

64,878

4,292

5,655

15,196

15,745

2,694

2,989

8,272

8,438

4,768

602

15,053

602

(540

)

(1,574

)

232

1,956

232

398

3,112

102

1,052

940

3,111

2,824

311

685

438

368

1,006

1,352

5,021

12,432

13,451

35,489

2025

2024

2025

2024

2,547

8,587

7,351

26,066

2,694

2,989

8,272

8,438

4,768

602

15,053

602

(540

)

(1,574

)

232

1,956

232

398

311

685

3,112

102

11,329

12,504

36,903

35,534

1,171

366

4,451

1,822

10,158

12,138

32,452

33,712

0.09

0.31

0.26

0.93

0.37

0.43

1.15

1.21

27,615

28,142

28,161

27,920

2025

2024

42,925

44,205

44,065

527

594

813

42,398

43,611

43,252

16,504

20,801

22,759

151

307

921

16,353

20,494

21,838

13,682

13,893

12,953

267

369

13,415

13,524

12,859

73,111

78,899

79,777

945

1,270

1,828

72,166

77,629

77,949

1,317

1,382

1,262

1,599

1,685

1,546

11,395

5,649

10,578

1,052

1,034

940

311

231

2,405

1,910

1,229

839

177

17,405

4,320

1,737

20.73

24.47

26.77

12,590

16,996

11,146

268

5,514

145

20.61

25.77

25.42