HireQuest, Inc. (HQI)
NASDAQ:HQI
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive tone: HireQuest reported continued profitability, disciplined expense control, a strong long-term growth track record, and adequate liquidity (undrawn credit facility). Management highlighted improving weekly demand trends into Q2 and a strategic $105M offer to expand the on-demand business. However, the quarter showed notable top-line pressure (total revenue down ~12.7% and reported system-wide sales down ~13.3%), a decline in cash balances, and modest EBITDA compression. Many revenue declines were partly attributable to the MRI Network divestiture and early-quarter weather/seasonality headwinds, and management emphasized improving momentum and strategic opportunities going forward.Company Guidance
Sustained Profitability and Earnings
Net income after tax of $1.6M in Q1 2026 ($0.11 per diluted share) vs $1.4M a year ago, a ~14.3% increase; adjusted net income of $1.8M ($0.13) was flat YoY, demonstrating continued profitability despite revenue headwinds.
Long-Term Growth Track Record
Double-digit compounded annual growth in system-wide sales, revenue and adjusted EPS from 2019–2025; total sales grew ~57% from 2019–2025 (adjusted for MRI divestiture) while the broader U.S. temporary staffing industry declined ~3%; commercial sales rose ~80% over the same period vs industry decline of ~23%.
Operational Expense Control
SG&A declined to $4.3M in Q1 2026 from $5.3M a year ago (≈ -18.9%); core SG&A (excluding workers' comp and nonrecurring items) was $4.2M, indicating disciplined cost management and stable SG&A as a percentage of system-wide sales.
Balance Sheet Strength and Liquidity
Total assets of $91.1M at March 31, 2026 vs $88.2M at year-end 2025 (+≈3.3%); $0 drawn on credit facility with $40.3M availability; working capital of $32.5M, supporting financial flexibility.
Dividend Continuity
Continued quarterly dividend program; most recent dividend $0.06 per common share paid March 16, 2026 — consistent shareholder return policy since Q3 2020.
Encouraging Recent Demand Trends
Management reported system-wide sales nearly flat YoY when excluding MRI Network divestiture and noted improving weekly YoY comparisons late in Q1 that strengthened into Q2; management attributes improvement to reduced net immigration effects and traction from National Accounts investments.
Strategic M&A Initiative
Announced a $105M all-cash offer to acquire the on-demand portion of TrueBlue's PeopleReady segment, signaling targeted inorganic growth to expand HireQuest Direct and potentially capture complementary on-demand volume.
HQI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HQI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $11.39 | $12.47 | +9.48% |
Mar 30, 2026 | $9.79 | $9.98 | +1.94% |
Nov 06, 2025 | $8.27 | $9.55 | +15.53% |
Aug 07, 2025 | $9.57 | $9.47 | -1.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HireQuest, Inc. (HQI) report earnings?
HireQuest, Inc. (HQI) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is HireQuest, Inc. (HQI) earnings time?
HireQuest, Inc. (HQI) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HQI EPS forecast?
HQI EPS forecast for the fiscal quarter 2026 (Q2) is 0.14.
