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Side-by-side financial comparison of HACKETT GROUP, INC. (HCKT) and Midland States Bancorp, Inc. (MSBI). Click either name above to swap in a different company.

Midland States Bancorp, Inc. is the larger business by last-quarter revenue ($79.5M vs $75.8M, roughly 1.1× HACKETT GROUP, INC.). Midland States Bancorp, Inc. runs the higher net margin — 23.2% vs 7.4%, a 15.8% gap on every dollar of revenue. Over the past eight quarters, HACKETT GROUP, INC.'s revenue compounded faster (-0.9% CAGR vs -6.4%).

Hackett Limited is a British multi-channel retailer of clothing for men and boys, with a broad range of apparel and accessories. It was founded in 1983 in London, England. As of June 2019, the company had 160 stores globally, with its flagship store at 14 Savile Row in London. It is owned by both Lebanese holding company M1 Group and American L Capital Asia

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

HCKT vs MSBI — Head-to-Head

Bigger by revenue
MSBI
MSBI
1.1× larger
MSBI
$79.5M
$75.8M
HCKT
Higher net margin
MSBI
MSBI
15.8% more per $
MSBI
23.2%
7.4%
HCKT
Faster 2-yr revenue CAGR
HCKT
HCKT
Annualised
HCKT
-0.9%
-6.4%
MSBI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HCKT
HCKT
MSBI
MSBI
Revenue
$75.8M
$79.5M
Net Profit
$5.6M
$18.5M
Gross Margin
41.7%
Operating Margin
12.0%
Net Margin
7.4%
23.2%
Revenue YoY
-4.4%
Net Profit YoY
56.9%
739.3%
EPS (diluted)
$0.20
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCKT
HCKT
MSBI
MSBI
Q1 26
$79.5M
Q4 25
$75.8M
$85.6M
Q3 25
$73.1M
$81.1M
Q2 25
$78.9M
$82.2M
Q1 25
$77.9M
$76.1M
Q4 24
$79.2M
$93.9M
Q3 24
$79.8M
$92.7M
Q2 24
$77.7M
$90.9M
Net Profit
HCKT
HCKT
MSBI
MSBI
Q1 26
$18.5M
Q4 25
$5.6M
$-2.9M
Q3 25
$2.5M
$7.6M
Q2 25
$1.7M
$12.0M
Q1 25
$3.1M
$-141.0M
Q4 24
$3.6M
$-30.8M
Q3 24
$8.6M
$20.4M
Q2 24
$8.7M
$25.7M
Gross Margin
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
41.7%
Q3 25
40.7%
Q2 25
35.4%
Q1 25
35.8%
Q4 24
39.4%
Q3 24
29.2%
Q2 24
27.5%
Operating Margin
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
12.0%
-5.5%
Q3 25
7.5%
13.9%
Q2 25
5.8%
18.1%
Q1 25
5.7%
-181.2%
Q4 24
9.8%
-66.5%
Q3 24
16.0%
26.9%
Q2 24
16.1%
35.0%
Net Margin
HCKT
HCKT
MSBI
MSBI
Q1 26
23.2%
Q4 25
7.4%
-4.9%
Q3 25
3.5%
9.3%
Q2 25
2.1%
14.6%
Q1 25
4.0%
-185.4%
Q4 24
4.5%
-52.5%
Q3 24
10.8%
22.1%
Q2 24
11.3%
28.3%
EPS (diluted)
HCKT
HCKT
MSBI
MSBI
Q1 26
$0.74
Q4 25
$0.20
$-0.22
Q3 25
$0.09
$0.24
Q2 25
$0.06
$0.44
Q1 25
$0.11
$-6.58
Q4 24
$0.11
$-1.49
Q3 24
$0.31
$0.83
Q2 24
$0.31
$1.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCKT
HCKT
MSBI
MSBI
Cash + ST InvestmentsLiquidity on hand
$18.2M
$89.4M
Total DebtLower is stronger
$33.2M
Stockholders' EquityBook value
$68.1M
$569.5M
Total Assets
$206.4M
$6.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCKT
HCKT
MSBI
MSBI
Q1 26
$89.4M
Q4 25
$18.2M
$127.8M
Q3 25
$13.9M
$166.1M
Q2 25
$10.1M
$176.6M
Q1 25
$9.2M
$102.0M
Q4 24
$16.4M
$114.8M
Q3 24
$10.0M
$121.9M
Q2 24
$19.1M
$124.6M
Total Debt
HCKT
HCKT
MSBI
MSBI
Q1 26
$33.2M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HCKT
HCKT
MSBI
MSBI
Q1 26
$569.5M
Q4 25
$68.1M
$565.5M
Q3 25
$101.6M
$584.0M
Q2 25
$119.8M
$573.7M
Q1 25
$114.4M
$571.4M
Q4 24
$115.6M
$710.8M
Q3 24
$110.9M
$771.2M
Q2 24
$102.2M
$736.8M
Total Assets
HCKT
HCKT
MSBI
MSBI
Q1 26
$6.5B
Q4 25
$206.4M
$6.5B
Q3 25
$200.7M
$6.9B
Q2 25
$200.5M
$7.1B
Q1 25
$191.8M
$7.3B
Q4 24
$193.3M
$7.5B
Q3 24
$190.8M
$7.7B
Q2 24
$187.5M
$7.7B
Debt / Equity
HCKT
HCKT
MSBI
MSBI
Q1 26
0.06×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCKT
HCKT
MSBI
MSBI
Operating Cash FlowLast quarter
$19.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
$19.1M
$125.7M
Q3 25
$11.4M
$80.0M
Q2 25
$5.6M
$28.1M
Q1 25
$4.2M
$24.7M
Q4 24
$20.6M
$176.5M
Q3 24
$10.6M
$46.5M
Q2 24
$13.7M
$31.4M
Free Cash Flow
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
$120.3M
Q3 25
$78.6M
Q2 25
$3.7M
$26.7M
Q1 25
$2.6M
$22.9M
Q4 24
$19.6M
$169.6M
Q3 24
$9.3M
$44.4M
Q2 24
$12.8M
$29.9M
FCF Margin
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
140.6%
Q3 25
96.9%
Q2 25
4.7%
32.4%
Q1 25
3.4%
30.1%
Q4 24
24.8%
180.6%
Q3 24
11.7%
47.9%
Q2 24
16.5%
32.9%
Capex Intensity
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
6.2%
Q3 25
1.7%
Q2 25
2.4%
1.7%
Q1 25
2.0%
2.4%
Q4 24
1.3%
7.3%
Q3 24
1.5%
2.3%
Q2 24
1.1%
1.7%
Cash Conversion
HCKT
HCKT
MSBI
MSBI
Q1 26
Q4 25
3.41×
Q3 25
4.47×
10.58×
Q2 25
3.40×
2.33×
Q1 25
1.33×
Q4 24
5.79×
Q3 24
1.23×
2.28×
Q2 24
1.57×
1.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCKT
HCKT

Global S And BT$39.1M52%
Sap Solutions$22.4M30%
Consulting And Software Support And Maintenance$14.3M19%

MSBI
MSBI

Net Interest Income$57.4M72%
Noninterest Income$22.1M28%

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