HireQuest
Operates franchise staffing and recruiting brands, earning royalties from local office activity.
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Profile
Operates franchised offices spanning direct dispatch, commercial staffing, permanent placement, and executive search. Revenue comes chiefly from royalties tied to franchisee sales, gross margins, payroll funding, and customer cash receipts.
Operates franchised staffing and recruiting offices through HireQuest Direct and Snelling, alongside MRI-related businesses. HireQuest Direct serves daily-work/daily-pay construction and light-industrial roles, while Snelling handles longer-term light-industrial and administrative positions.
Local franchisees deliver the services, making the group a franchisor rather than the conventional employer of the field labor it places. The network includes U.S. staffing brands and executive-search operations with international franchise offices.
Royalty streams depend on franchisee customer sales, payroll-funding and gross-margin activity, and executive-search customers' cash receipts. MRINetwork's ownership restructuring left HireQuest with partial ownership and shared-service responsibilities.
Company facts
Key statistics
Year to date +52.1% · Average volume (30d) 24.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 12, 2026 | Barrington | Target | $15 | $19 | |
| Aug 11, 2026 | DA Davidson | Reiterate | Buy | $15 | $19 |
| May 18, 2026 | Barrington | Target | $15 | ||
| Dec 2, 2025 | D.A. Davidson | Target | $15 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | $0.13 | $0.23 | +76.9% | $7.1M | $8.1M | +14.1% | +26.68% |
| May 12, 2026Q1 FY26 | $0.11 | $0.13 | +18.2% | $6.7M | $6.5M | −3.3% | +9.48% |
| Mar 30, 2026Q4 FY25 | $0.12 | $0.19 | +58.3% | $7.4M | $7.0M | −5.0% | +1.94% |
| Nov 6, 2025Q3 FY25 | $0.14 | $0.24 | +71.4% | $7.4M | $8.5M | +14.6% | +15.53% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $7.5M | $7.6M | $8.5M | $7.0M | $6.5M | $8.1M | |
| Gross profit | $7.5M | $7.6M | $8.5M | $7.0M | $6.5M | $7.3M | |
| Operating income | $1.5M | $1.0M | $2.4M | $1.8M | $1.5M | $3.3M | |
| Net income | $1.4M | $1.1M | $2.3M | $1.6M | $1.6M | $2.7M | |
| Diluted EPS | $0.10 | $0.08 | $0.16 | $0.12 | $0.11 | $0.20 | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 90.6% | |
| Operating margin | 19.8% | 13.7% | 28.8% | 25.0% | 22.6% | 41.3% |
Fiscal years (4-quarter sums)FY21 $22.5M · FY22 $32.5M · FY23 $37.9M · FY24 $34.6M · FY25 $30.6M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $1.6M · Total debt $0 · Total assets $93.4M · Shareholders' equity $68.9M
Dividends
Raised for 4 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 1, 2026 | Jun 1 | Jun 15 | $0.06 | |
| Mar 2, 2026 | Mar 2 | Mar 16 | $0.06 | |
| Dec 1, 2025 | Dec 1 | Dec 15 | $0.06 | |
| Aug 29, 2025 | Sep 1 | Sep 15 | $0.06 | |
| Jun 2, 2025 | Jun 2 | Jun 16 | $0.06 | |
| Mar 3, 2025 | Mar 3 | Mar 17 | $0.06 | |
| Dec 2, 2024 | Dec 2 | Dec 16 | $0.06 | |
| Aug 30, 2024 | Sep 2 | Sep 16 | $0.06 |
Ownership
Shares outstanding 13.94M · Float 5.24M · 37.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Edward Jackson · director, 10 percent owner: | 2.64M | 18.97% | Form 4 | Aug 14, 2026 |
| Richard Hermanns · director, 10 percent owner, officer: President and CEO | 2.58M | 18.49% | Form 4 | Jun 29, 2026 |
| BlackRock, Inc. | 253.7K | 1.82% | 13F | May 13, 2026 |
| Bandera Partners LLC | 236.8K | 1.70% | 13F | May 13, 2026 |
| Vanguard Capital Management LLC | 230.1K | 1.65% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 3, 2026 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +1,128 | $12.19 |
| Dec 30, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +9,704 | $10.28 |
| Dec 22, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +18,854 | $9.13 |
| Dec 24, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +422 | $10.12 |
Peers
- TrueBlue
Closest overlap in on-demand, industrial, and skilled-trades staffing
- ManpowerGroup
Large-scale commercial staffing and permanent-recruiting overlap
- Kelly Services
Light-industrial and office staffing overlap in North America
- Robert Half
Specialized contract talent, permanent placement, and executive search
- Kforce
Professional temporary staffing and direct-hire placement overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HireQuest | $16.38 | +0.61% | $228.3M | 27.8 | 21.6 | 7.6 | +6.0% |
| TrueBlue | $10.70 | 0.00% | $325.3M | — | 19.3 | 0.2 | +11.8% |
| ManpowerGroup | $62.35 | −0.06% | $2.90B | 28.2 | 15.3 | 0.2 | +7.5% |
| Kelly Services | $17.28 | +0.06% | $599.1M | — | 11.3 | 0.1 | −5.6% |
| Robert Half | $45.31 | +0.04% | $4.63B | 39.4 | 28.0 | 0.9 | −2.4% |
| Kforce | $58.10 | −0.02% | $1.04B | 27.4 | 21.0 | 0.8 | +4.5% |
| Median | 28.2 | 19.3 | 0.2 | +4.5% |