Hackett Group Inc (HCKT) Stock Falls on Q1 2026 Earnings

By: Quiver EarningsTracker

Posted: 5 hours ago / May 5, 2026 9:34 p.m. UTC

HCKT

Hackett Group Inc (HCKT) reported first-quarter 2026 results with total revenue down 11.7% year over year to $68.8 million, missing the consensus revenue estimate of $73.8 million by about $5.0 million (roughly 6.8%). Cost of sales fell 21.1% to $39.5 million, while gross profit improved 5.3% to $29.3 million.

Key profitability and cash-flow highlights:

Operating profit rose about 103% to $8.9 million.

Net income attributable to common shareholders increased 36.2% to $4.3 million.

Diluted earnings per share was $0.17, up 54.6% year over year versus an EPS estimate of $0.35.

Cash from operating activities surged 354.6% to $19.1 million.

Purchases of property, plant and equipment were about $2.0 million, up 30.0% year over year.

Balance-sheet items to note:

Cash and cash equivalents stood at $6.1 million, down 33.9% year over year.

Total liabilities increased 78.9% to $138.4 million.

Market reaction: the stock moved lower after the release, reflecting investor response to the revenue shortfall and balance-sheet changes, with the share price down 14.9% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Hackett Group Inc (The) Hedge Fund Activity

We have seen 77 institutional investors add shares of Hackett Group Inc (The) stock to their portfolio, and 84 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BOSTON PARTNERS removed 493,102 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $9,679,592
MILLENNIUM MANAGEMENT LLC removed 401,702 shares (-49.7%) from their portfolio in Q4 2025, for an estimated $7,885,410
WELLINGTON MANAGEMENT GROUP LLP removed 384,659 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $7,550,856
APTUS CAPITAL ADVISORS, LLC removed 311,169 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $6,108,247
RENAISSANCE TECHNOLOGIES LLC removed 297,507 shares (-22.7%) from their portfolio in Q4 2025, for an estimated $5,840,062
VANGUARD GROUP INC removed 276,844 shares (-12.4%) from their portfolio in Q4 2025, for an estimated $5,434,447
TRIGRAN INVESTMENTS, INC. removed 274,645 shares (-34.5%) from their portfolio in Q4 2025, for an estimated $5,391,281

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Hackett Group Inc (The) Government Contracts

We have seen $49,062 of award payments to $HCKT over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

DATABASE MAINTENANCE: $49,062

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.