The Hackett Group, Inc. (NASDAQ: HCKT) is a global intellectual property-based executive advisory, strategic consulting, and digital transformation firm. The company specializes in generative artificial intelligence-enabled enterprise transformation services across various business functions, including strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology. HCKT offers consulting and implementation services for enterprise resource planning systems and strategic business transformation initiatives.
- Global Strategy and Business Transformation - Provides consulting, benchmarking, business advisory services, IP as-a-Service, and Gen AI consulting and implementation.
- Oracle Solutions - Offers services related to EPM/ERP and AMS practices.
- SAP Solutions - Delivers SAP applications and related SAP service offerings.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
David N. Dungan ExecutiveBoard | Vice Chairman | David N. Dungan is a founder and current Vice Chairman at The Hackett Group, Inc. since February 2006. He previously served as Managing Director until March 2000 and then as Director and Chief Operating Officer from March 2000. | ||
Ted A. Fernandez ExecutiveBoard | Chairman of the Board and Chief Executive Officer | Ted A. Fernandez founded HCKT in 1997 and has served as Chairman of the Board and Chief Executive Officer since then. Prior to HCKT, he had an 18-year career at KPMG LLP, culminating as National Managing Partner from May 1994 to January 1997. | View Report → | |
Robert A. Ramirez Executive | Executive Vice President, Finance and Chief Financial Officer (CFO) | Robert A. Ramirez has served as the Executive Vice President, Finance and CFO at HCKT since August 2007. He previously served as Corporate Controller from July 2006 to July 2007 and as Senior Director, Finance and Practice Controller from October 2005 to July 2006. | ||
Alan T.G. Wix Board | Director | Alan T.G. Wix has been a Director at The Hackett Group, Inc. since 1999. He brings extensive executive leadership experience from his previous roles such as Chairman and CEO of Farsight PLC and Managing Director at Lloyds TSB. | ||
John R. Harris Board | Director | Chairman of HIFU Prostate Cancer Services, Inc.; Director at Vivakor, Inc. | John R. Harris serves as an independent Director at HCKT and participates on the Audit, Compensation, and Nominating and Corporate Governance Committees. He has a broad leadership background with extensive board experience in various industries. | |
Maria A. Bofill Board | Director | Maria A. Bofill is a Director at The Hackett Group, Inc. since 2021. She is noted as an independent director under Nasdaq listing standards and brings extensive financial expertise from her previous roles, including CFO at Fyffes North America, Inc. (2016-2019) and Director of Business Development at TTG Talent Solutions (2020-2023). | ||
Richard N. Hamlin Board | Director | Richard N. Hamlin has been a Director at The Hackett Group, Inc. since 2003 and serves on the Compensation and Audit Committees. With over thirty years of experience as a CPA, including a partnership at KPMG and a stint as CFO of CommerceQuest, Inc. (July 2002 - August 2003) , he brings extensive financial expertise to his board role. | ||
Robert A. Rivero Board | Director | CEO of RAR Management Services, LLC | Robert A. Rivero serves as a Director and independent director on the board of HCKT since 2016, with his term expiring in 2028 if re-elected. He is also the CEO of RAR Management Services, LLC since 2003 and previously held significant leadership roles at KPMG until 1999. |
- Considering the strong SAP performance driven by year-end software sales, can you clarify how much of this momentum is attributed to one-off deals versus sustainable, recurring revenue going forward?
- With significant headwinds noted in your e-procurement and OneStream segments, can you quantify their impact on overall revenue growth and explain what strategic measures you are deploying to overcome these challenges?
- As Gen AI becomes central to your strategy, can you detail the integration challenges between AI XPLR and the acquired ZBrain platform, and clarify how this integration is expected to improve your margins in the near term?
- Given your recent acquisitions and evolving client demands, what is the expected average duration of your implementation projects moving forward, and how do you plan to ensure consistency in long-term engagements?
- In light of increased investments in Gen AI innovations and the upcoming platform Version 3 launch, how do you plan to address competitive pressures while maintaining cost efficiencies and realizing predictable revenue growth?
Research analysts who have asked questions during HACKETT GROUP earnings calls.
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
LeewayHertz Technologies Private Limited | 2024 | The Hackett Group, Inc. completed the acquisition of LeewayHertz on September 23, 2024, with a provisional purchase consideration of $7.8 million subject to working capital conditions. The deal strategically augments Hackett’s AI technology solutions by acquiring key intangible assets (valued at $2.8 million with a 4.7‐year life), net assets, and establishing a joint venture integrating Hackett’s AI XPLR and LeewayHertz’s ZBrain platforms, including employment agreements for key personnel. |
Recent press releases and 8-K filings for HCKT.
- The Hackett Group reported Q2 2025 total revenue of $78.9 million and adjusted diluted earnings per share of $0.38, compared to $77.7 million and $0.39 respectively in Q2 2024.
- For Q3 2025, the company estimates total revenue before reimbursements to be in the range of $73.0 million to $74.5 million and adjusted diluted earnings per share between $0.36 and $0.38.
- During Q2 2025, the company repurchased 180 thousand shares for $4.4 million and subsequently increased its share repurchase authorization by an additional $13.0 million to a total of $30.0 million. A quarterly dividend of $0.12 per share was also declared.
- The company highlighted its aggressive investment and growth in Gen AI platforms and revenues, with the rapid release of its AI XPLR V4.
- Total revenue reached $77.9 million with revenues before reimbursements of $76.2 million and an adjusted EPS of $0.41, near the top end of guidance.
- The Global S&BT segment grew by 6% (up 13% excluding OneStream declines), while the Oracle and SAP Solutions segments declined by 3% and 8% respectively.
- Adjusted gross margin improved to 43.4% and adjusted EBITDA was $15.7 million, indicating strong operational performance despite increased SG&A costs.
- Significant emphasis was placed on GenAI initiatives, leveraging enhancements in the AI XPLR and ZBrain platforms and acquisitions like LeewayHertz to drive enterprise-wide digital transformation.
- The company also executed a share repurchase of 379,000 shares for approximately $11.7 million and declared a dividend for the second quarter.
- Total revenue reached $79.2 million and revenues before reimbursements totaled $77.5 million, with adjusted diluted EPS of $0.47 exceeding quarterly guidance .
- The SAP solutions segment drove a 51% increase in revenues, while the Oracle segment declined by 6% amid a wind-down of a large engagement .
- Strategic investments in Gen AI initiatives, including the integration of the AI XPLR platform with the recent acquisition of LeewayHertz, are enhancing service offerings .
- A robust share repurchase program saw 117K shares bought at an average price of $30.95, supported by strong operating cash flow .
- The company announced a 9% annual dividend increase from $0.44 to $0.48 per share .