Wrapping up Q2 earnings, we look at the numbers and key takeaways for the business process outsourcing & consulting stocks, including Huron (NASDAQ: HURN) and its peers.
The sector stands to benefit from ongoing digital transformation, increasing corporate demand for cost efficiencies, and the growing complexity of regulatory and cybersecurity landscapes. For those that invest wisely, AI and automation capabilities could emerge as competitive advantages, enhancing process efficiencies for the companies themselves as well as their clients. On the flip side, AI could be a headwind as well as the technology could lower the barrier to entry in the space and give rise to more self-service solutions. Additional challenges in the years ahead could include wage inflation for highly skilled consultants and potential regulatory scrutiny on outsourcing practices—especially in industries like finance and healthcare where who has access to certain data matters greatly.
The 8 business process outsourcing & consulting stocks we track reported a satisfactory Q2. As a group, revenues beat analysts’ consensus estimates by 1.6% while next quarter’s revenue guidance was 1.5% below.
In light of this news, share prices of the companies have held steady as they are up 4.4% on average since the latest earnings results.
Best Q2: Huron (NASDAQ: HURN)
Founded in 2002 during a time of significant regulatory change in corporate America, Huron Consulting Group (NASDAQ: HURN) is a professional services company that helps organizations develop growth strategies, optimize operations, and implement digital transformation solutions.
Huron reported revenues of $475 million, up 15.4% year on year. This print exceeded analysts’ expectations by 3.2%. Overall, it was an exceptional quarter for the company with a beat of analysts’ EPS estimates and an impressive beat of analysts’ full-year EPS guidance estimates.
“Led by strong organic growth across all three segments, we achieved record revenues before reimbursable expenses (RBR) in the second quarter of 2026, reflecting a 16% increase compared to the second quarter of 2025, including record RBR across our Consulting and Managed Services and Digital capabilities,” said Mark Hussey, chief executive officer and president of Huron.
Huron scored the fastest revenue growth and highest full-year guidance raise in the group. Unsurprisingly, the stock is up 23.8% since reporting and currently trades at $150.24.
Aramark (NYSE: ARMK)
From serving hot dogs at major league stadiums to managing college dining halls that feed thousands daily, Aramark (NYSE: ARMK) provides food services and facilities management to schools, healthcare facilities, businesses, sports venues, and correctional institutions across 16 countries.
Aramark reported revenues of $5.06 billion, up 9.3% year on year, outperforming analysts’ expectations by 2.4%. The business had a very strong quarter with a beat of analysts’ EPS estimates.
The market seems happy with the results as the stock is up 8.4% since reporting. It currently trades at $60.36.
Is now the time to buy Aramark? Access our full analysis of the earnings results here, it’s free.
Weakest Q2: Concentrix (NASDAQ: CNXC)
With a team of approximately 450,000 employees across 75 countries, Concentrix (NASDAQ: CNXC) designs and delivers customer experience solutions that help global brands manage their customer interactions across digital channels and contact centers.
Concentrix reported revenues of $2.46 billion, up 1.9% year on year, in line with analysts’ expectations. It was a softer quarter with full-year revenue guidance slightly missing analysts’ expectations.
Concentrix delivered the weakest guidance update and weakest full-year guidance update among its peers. The stock is flat since the results and currently trades at $25.
Read our full analysis of Concentrix’s results here.
Genpact (NYSE: G)
Originally spun off from General Electric in 2005 to provide business process services, Genpact (NYSE: G) is a global professional services firm that helps businesses transform their operations through digital technology, AI, and data analytics solutions.
Genpact reported revenues of $1.34 billion, up 7.1% year on year. This number surpassed analysts’ expectations by 0.8%. Taking a step back, it was a mixed quarter as it also produced a beat of analysts’ EPS estimates but revenue guidance for next quarter meeting analysts’ expectations.
Genpact scored the highest guidance raise of the whole group. The stock is down 6.7% since reporting and currently trades at $33.75.
Read our full, actionable report on Genpact here, it’s free.
CBIZ (NYSE: CBZ)
With over 120 offices across 33 states and a team of more than 6,700 professionals, CBIZ (NYSE: CBZ) provides accounting, tax, benefits, insurance brokerage, and advisory services to help small and mid-sized businesses manage their finances and operations.
CBIZ reported revenues of $682.2 million, flat year on year. This print missed analysts’ expectations by 2.3%. More broadly, it was actually a satisfactory quarter as it produced a beat of analysts’ EPS estimates.
CBIZ had the weakest performance against analyst estimates and slowest revenue growth in the group. The stock is up 16.9% since reporting and currently trades at $54.59.
Read our full, actionable report on CBIZ here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
