Question · Q3 2025
Kevin Steinski inquired about the sequential step down in consulting utilization rate, its relation to recent hiring, and the opportunity for future utilization improvement and margin expansion.
Answer
John Kelly, CFO, confirmed that the lower utilization was due to headcount additions made to support demand, indicating an investment phase. He expects utilization to return to the upper 70% range long-term but anticipates continued pressure for another quarter or two during the team build-out.