Huron Consulting Group Inc.

Filing receipts

“Operating income and operating margin for each of our segments as well as unallocated corporate expenses were as follows: Segment Operating Income (in thousands, except operating margin percentages) Three Months Ended March 31, Increase / (Decrease) 2026 2025 Healthcare $ 63,953 28.4% $ 56,316 28.4% $ 7,637 Education $ 27,578 21.6% $ 23,060 18.8% $ 4,518 Commercial $ 14,896 16.4% $ 11,296 15.2% $ 3,600 Unallocated Corporate Expenses (in thousands) Unallocated corporate expenses $ 60,030 $ 52,371 $ 7,659 • Healthcare operating income increased $7.6 million, or 13.6%, primarily due to the increase in RBR, as well as a decrease in salaries and related expenses for our support personnel; partia...”

“Commercial operating margin increased to 16.4% from 15.2% primarily due to decreases in contractor expenses and salaries and related expenses for our support personnel, as well as revenue growth that outpaced the increase in performance bonus expense for our revenue-generating professionals; partially offset by an increase in salaries and related expenses for our revenue-generating professionals, as a percentage of RBR.”

“This decrease was primarily due to revenue growth that outpaced the increase in performance bonus expense for our revenue-generating professionals and the decreases in share-based compensation expense and contractor expenses; partially offset by an increase in salaries and related expenses for our revenue-generating professionals, as a percentage of RBR.”