HCKT — what changed in the latest 10-Q
A section-by-section comparison of HCKT's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +8 | −10 | ~18 | 14 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
Global S&BT total revenue was $36.0 million and $72.8 million during the second quarter and first six months of 2026, respectively, as compared to $44.2 million and $87.6 million in the same periods of 2025, respectively. Elongated client decision marking still persists, as clients continue to quest…
SG&A costs decreased 17% and 19%, to $19.5 million and $38.0 million, for the second quarter and first six months of 2026, respectively, as compared to $23.4 million and $46.8 million for the same periods in 2025, respectively. The decrease in the costs during the second quarter and first six months…
Non-cash stock based compensation expense, included in SG&A, was $1.8 million and $3.9 million during the second quarter and first six months of 2026, respectively, as compared to $4.7 million and $9.5 million for the same periods in 2025, respectively. The decrease in the second quarter and first s…
Amortization expense was $299 thousand and $614 thousand for the second quarter and first six months of 2026, respectively, as compared to $231 thousand and $376 thousand for the same periods in 2025, respectively, which was related to the intangible assets acquired in our September 2024 acquisition…
Restructuring Costs. During the second quarter and first six months of 2026, we incurred restructuring costs of $492 thousand and $2.4 million as a result of the continued pivot of our business to Gen AI, respectively. These costs were primarily employee-related costs, as the Company reduced staff t…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
recent innovations, our core Hackett Intellectual Property ("IP") which allows us to identify, design and evaluate transformation opportunities to be proprietary and key components of our Hackett Solutioning IP.
Global S&BT total revenue was $36.8 million and $43.4 million during the first three months of 2026 and 2025, respectively. Although we continued to see an increasing number of clients utilizing our Gen AI delivery platforms, that was more than offset by elongated client decision cycles that persist…
SG&A costs decreased 21%, to $18.4 million for the first three months of 2026, as compared to $23.4 million for the same period in 2025. The decrease in the costs during the first three months of 2026 was primarily due to decreased non-cash stock based compensation from the stock price award program…
percentage of total Company revenue were 27% during the first three months of 2026, as compared to 30% during the same period in 2025, respectively.
Non-cash stock based compensation expense, included in SG&A, was $2.1 million and $4.7 million during the first three months of 2026 and 2025, respectively. The decrease in the first three months of 2026 primarily relates to the non-cash stock compensation expense from the stock price award program …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice