Earnings summaries and quarterly performance for HireQuest.
Executive leadership at HireQuest.
Board of directors at HireQuest.
Research analysts who have asked questions during HireQuest earnings calls.
Recent press releases and 8-K filings for HQI.
HireQuest announces $20 million share repurchase program
HQI
Share Buyback
- HireQuest, Inc. announced on December 17, 2025, that its Board of Directors approved a share repurchase program.
- The program authorizes the company to repurchase up to $20 million of its outstanding common stock.
- The company intends to begin the program and enter into a corresponding 10b5-1 plan as soon as reasonably possible, with the program expiring twelve months after its starting date.
- CEO Rick Hermanns stated that the program represents the best and most efficient use of capital, reinforcing confidence in the company's long-term strategy and returning capital to shareholders.
Dec 17, 2025, 9:06 PM
HireQuest Posts $2.3 Million Net Income in Q3 2025 Despite Revenue Dip
HQI
Earnings
Demand Weakening
Dividends
- HireQuest (HQI) reported net income of $2.3 million, or $0.16 per share, for Q3 2025, a significant improvement from a net loss in the prior year period.
- Total revenue for Q3 2025 was $8.5 million, a 9.8% decrease year-over-year, with system-wide sales declining to $133.6 million. Despite this, the company achieved adjusted net income of $3.4 million and an adjusted EBITDA margin of 55%, partly due to a workers' compensation benefit.
- The staffing market remains challenging, but temp staffing and day labor offerings are outperforming permanent placement, and the day labor business is showing signs of stabilization. M&A remains a key growth strategy, with several accretive opportunities under consideration.
- As of September 30, 2025, HQI maintained a strong balance sheet with working capital of $31.5 million and net debt of approximately $1.1 million, and paid a $0.06 per share quarterly dividend.
Nov 6, 2025, 9:30 PM
HireQuest Reports Q3 2025 Financial Results
HQI
Earnings
Demand Weakening
Dividends
- HireQuest, Inc. reported Q3 2025 total revenue of $8.5 million, a 9.8% decrease from the prior-year period, with system-wide sales also declining by 10.1% to $133.6 million.
- Net income for Q3 2025 significantly improved to $2.3 million, or $0.16 per diluted share, compared to a net loss of $(2.2 million), or $(0.16) per diluted share, in Q3 2024. Adjusted net income for the quarter was $3.4 million, or $0.24 per diluted share.
- As of September 30, 2025, cash was $1.1 million, and working capital increased to $31.5 million. The company paid a quarterly cash dividend of $0.06 per share on September 15, 2025, and intends to continue this dividend.
- CEO Rick Hermanns noted a muted hiring landscape and macroeconomic uncertainty, but highlighted the strength of the franchise model and disciplined expense management, with some improvement seen in executive search and permanent placement.
Nov 6, 2025, 9:06 PM
Quarterly earnings call transcripts for HireQuest.
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