Hackett (HCKT) financial statements
Hackett reported revenue of $306M in fiscal 2025, up 1.0% a year over 9 years.
Net income was $13M and the operating margin 7.7%, against 12.0% in 2016.
Free cash flow was $32M, and the company returned $13M in dividends and $69M in net buybacks.
The diluted share count fell 15% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hackett's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $280M | $277M | $286M | $282M | $239M | $279M | $294M | $297M | $314M | $306M |
| Cost of revenue | $192M | $189M | $186M | $186M | $166M | $173M | $178M | $180M | $191M | $188M |
| Gross profit | $88M | $88M | $100M | $97M | $52M | $84M | $89M | $84M | $123M | $117M |
| Selling, general and admin | $60M | $63M | $64M | $62M | $54M | $59M | $61M | $66M | $79M | $91M |
| Operating income | $34M | $29M | $34M | $31M | $9M | $46M | $55M | $49M | $45M | $24M |
| Interest expense | $387,000 | $584,000 | $638,000 | $311,000 | $126,000 | $95,000 | $144,000 | $3M | $2M | $2M |
| Pre-tax income | $33M | $28M | $33M | $31M | $9M | $46M | $55M | $46M | $43M | $22M |
| Income tax | $12M | $3M | $6M | $8M | $3M | $5M | $14M | $12M | $13M | $9M |
| Net income | $22M | $27M | $24M | $23M | $5M | $42M | $41M | $34M | $30M | $13M |
| EPS (diluted) | $0.66 | $0.85 | $0.74 | $0.72 | $0.17 | $1.26 | $1.28 | $1.24 | $1.05 | $0.46 |
| Diluted shares | 33M | 32M | 32M | 32M | 32M | 33M | 32M | 28M | 28M | 28M |
| Gross margin | 31.4% | 31.7% | 34.8% | 34.3% | 21.9% | 30.1% | 30.5% | 28.4% | 39.3% | 38.3% |
| Operating margin | 12.0% | 10.4% | 11.7% | 11.1% | 3.6% | 16.7% | 18.8% | 16.6% | 14.2% | 7.7% |
| Net margin | 7.7% | 9.9% | 8.4% | 8.2% | 2.3% | 14.9% | 13.9% | 11.5% | 9.4% | 4.2% |
Balance sheet
Fiscal years, from Hackett's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $20M | $18M | $14M | $26M | $49M | $46M | $30M | $21M | $16M | $18M |
| Receivables | $47M | $52M | $55M | $50M | $33M | — | — | — | — | — |
| Total current assets | $69M | $75M | $73M | $79M | $85M | $102M | $81M | $75M | $76M | $84M |
| Property, plant and equipment | $15M | $19M | $20M | $20M | $18M | $18M | $19M | $20M | $20M | $24M |
| Goodwill | $72M | $85M | $84M | $85M | $85M | $85M | $84M | $84M | $90M | $91M |
| Total assets | $159M | $185M | $181M | $194M | $193M | $208M | $185M | $181M | $193M | $206M |
| Total current liabilities | $56M | $51M | $44M | $44M | $43M | $55M | $60M | $50M | $53M | $49M |
| Long-term debt | — | — | — | — | — | — | $60M | $33M | $13M | $76M |
| Total liabilities | $73M | $78M | $57M | $56M | $52M | $64M | $127M | $91M | $78M | $138M |
| Shareholders' equity | $86M | $107M | $124M | $138M | $141M | $144M | $58M | $90M | $116M | $68M |
| Net debt | -$20M | -$18M | -$14M | -$26M | -$49M | -$46M | $29M | $12M | -$4M | $58M |
Cash flow
Fiscal years, from Hackett's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $33M | $27M | $32M | $42M | $44M | $46M | $59M | $37M | $48M | $40M |
| Capital spending | $3M | $7M | $10M | $5M | $2M | $3M | $5M | $4M | $4M | $8M |
| Free cash flow | $30M | $20M | $23M | $38M | $42M | $43M | $54M | $33M | $44M | $32M |
| Stock-based compensation | $9M | $10M | $9M | $8M | $10M | $10M | $10M | $11M | $12M | $11M |
| Dividends paid | $7M | $9M | $10M | $11M | $15M | $13M | $10M | $12M | $12M | $13M |
| Share buybacks (net) | -$34M | -$16M | -$5M | -$8M | -$2M | -$13M | -$117M | -$734,000 | -$6M | -$69M |
| Net borrowing | $7M | $12M | -$12M | -$6M | — | — | $60M | -$27M | -$20M | $63M |
| Free cash flow margin | 10.6% | 7.2% | 8.0% | 13.4% | 17.6% | 15.5% | 18.5% | 11.2% | 13.9% | 10.6% |
| Dividends per share | $0.22 | $0.27 | $0.31 | $0.34 | $0.46 | $0.39 | $0.33 | $0.43 | $0.43 | $0.46 |
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Open HCKT in InvestinglyQuestions
What was Hackett's revenue in 2025?
$306M in fiscal 2025, from its 10-K filing.
How much free cash flow does Hackett generate?
$32M in fiscal 2025 (operating cash flow minus capital spending).
From Hackett's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.