<ARTICLE> 5 <LEGEND>THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE HAGLER BAILLY, INC. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 2,995,236 <SECURITIES> 0 <RECEIVABLES> 36,292,456 <ALLOWANCES> 1,143,476 <INVENTORY> 0 <CURRENT-ASSETS> 44,662,050 <PP&E> 6,011,570 <DEPRECIATION> 3,362,761 <TOTAL-ASSETS> 57,835,267 <CURRENT-LIABILITIES> 10,228,566 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88,842 <OTHER-SE> 46,250,053 <TOTAL-LIABILITY-AND-EQUITY> 57,835,267 <SALES> 23,642,220 <TOTAL-REVENUES> 23,642,220 <CGS> 18,754,380 <TOTAL-COSTS> 18,754,380 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 37,064 <INCOME-PRETAX> 2,619,441 <INCOME-TAX> 1,021,426 <INCOME-CONTINUING> 1,598,015 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,598,015 <EPS-PRIMARY> 0.18 <EPS-DILUTED> 0.17