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Large organizations pay The Hackett Group to assess how their operations perform, redesign business processes and put supporting software into use. Its broader consulting and business transformation business supplies most revenue; Oracle and SAP implementation and support provide the other major streams. Clients pay for project work, and its SAP business also sells software.
The company uses its own performance benchmarks and best-practice research to guide this work and support its generative AI platforms. AI XPLR helps clients identify potential AI uses and design workflows, either through consultant-led engagements or a platform license with on-demand support. Hackett also uses AI platforms in consulting and software implementation, and is working toward a business model that earns more recurring platform and licensing revenue rather than relying mainly on consultants’ time.
Revenue depends on winning and delivering large client projects and having skilled teams available to do the work. A limited group of clients supplies a significant share of revenue, and engagements are generally short term and can usually be reduced or cancelled on short notice. Privacy laws, including restrictions on where client data may be stored or transferred, and evolving AI rules constrain how it handles data and delivers AI services.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Watch OneStream implementation demand: its weakness offset growth in Hackett’s generative AI consulting business in 2025.
Accenture competes with Hackett for enterprise spending on strategy, business transformation and software implementation, with both using proprietary tools and AI to deliver the work. Accenture’s consulting demand is the closer comparison; its managed services also cover running client operations.
Information Services Group competes with Hackett for large enterprises’ advisory and transformation budgets, with both using performance comparisons to guide improvements in technology, finance and other core operations. Its work for Global 2000 businesses is the closest customer overlap with Hackett.
Huron competes with Hackett for client spending on management consulting, digital transformation and AI-enabled improvements, but its heavier healthcare and education focus limits the comparison. Those two segments accounted for 50% and 30%, respectively, of Huron’s 2025 revenue before reimbursable expenses, making its Commercial business the closer comparison.
Cognizant competes with Hackett for enterprise contracts to advise clients, connect software systems, maintain applications and transform operations using AI. Its application modernization work is the clearest overlap with Hackett’s software implementation and support services.
Genpact competes with Hackett for enterprise spending on redesigning and improving business operations, with both combining process expertise, performance benchmarks and AI. Genpact’s emphasis on carrying improvements through into day-to-day operations distinguishes its approach from Hackett’s advisory and implementation work.
SAP supplies the business software that Hackett sells and installs for clients, so customers moving to S/4HANA Cloud directly support Hackett’s SAP Solutions revenue. Watch migration demand, particularly in life sciences and consumer goods: related software sales and implementation work were the main reason that revenue rose in 2025.
Oracle sells the enterprise applications that clients pay Hackett to select, implement and support, tying Hackett’s Oracle Solutions business to adoption of those applications. Watch demand for the Oracle Cloud Enterprise Suite, including financial close and business planning, as Hackett has shifted beyond mainly installing on-premise financial-management software.
CGI competes with Hackett for client spending on business consulting, connecting software systems and modernizing applications. CGI also takes full or partial responsibility for running clients’ IT functions through managed services, so its consulting and implementation work is the closer comparison to Hackett.
DXC competes with Hackett for large businesses’ spending on enterprise applications, consulting and process modernization. Its Consulting & Engineering Services business, which helps clients automate work and improve operations, is the relevant comparison rather than its infrastructure or insurance software businesses.
ExlService Holdings competes with Hackett for client spending on using AI to transform workflows and business processes, but puts more emphasis on running client operations. Watch its work embedding AI into those operations, which EXL describes as a foundation for further client transformation projects.
SAP SE earningsSAP
SAP’s report will show demand for S/4HANA Cloud, whose migrations drive software sales and implementation work for Hackett Group.
Watch SAP’s cloud-software sales and demand for S/4HANA Cloud migrations. Strength in both would show clients are adopting the software and support demand for Hackett Group’s SAP sales and implementation work; weakness would mean less support for that business line.
Fed Interest Rate Decision
The Fed’s decision tracks its benchmark interest rate; because Hackett Group has SOFR-linked revolving debt, changes in rates can raise or lower what it pays to borrow.
Expected4.0%Last release4.0%
If it comes in above expectations
A higher-than-expected rate can push up the cost of Hackett Group’s SOFR-linked debt, leaving less income after interest expense.
If it comes in below expectations
A lower-than-expected rate can ease the cost of Hackett Group’s SOFR-linked debt, leaving more income after interest expense.
Cognizant Technology Solutions earningsCTSH
Cognizant’s report will show whether large companies are spending on application modernization, work for which Cognizant and Hackett Group compete.
Look at demand and revenue in Cognizant’s application-modernization work. Strength would show that large companies are still buying software-upgrade and implementation services, pointing to an active project market for Hackett Group, though not proving Hackett won those projects. Weakness would suggest that spending on this shared type of work may be tightening.
Information Services Group, Inc. earningsIII
Information Services Group’s report will show how large companies are spending on advisory and transformation work that overlaps with Hackett Group’s core consulting.
Watch Information Services Group’s enterprise advisory and transformation work. Strength would show that large companies are still paying for similar advice, supporting demand in Hackett Group’s market; weakness would suggest pressure on those budgets, but would not establish whether Hackett is winning or losing projects.
Hackett Group Inc (The). earningsThis company
Hackett Group’s report will show whether revenue from advisory and enterprise-software projects is turning into segment profit after the cost of delivering the work.
Read revenue and segment profit together for Global S&BT, Oracle Solutions and SAP Solutions. Segment profit subtracts direct delivery costs and selling, general and administrative costs, but excludes some central company costs. If revenue strengthens across the businesses and profit keeps pace, projects are converting into earnings; if revenue is concentrated or falls while profit falls faster, project timing or delivery costs are squeezing profitability.
Oracle Corp earningsORCL
Oracle’s report will show demand for its cloud business applications, which Hackett Group helps clients select, implement and support.
Watch adoption of Oracle’s cloud business applications, especially financial-close and business-planning tools. Stronger adoption would support demand for Hackett Group’s Oracle Solutions implementation and support work; weaker adoption would mean less software demand underpinning that business.
