10-Q · May 12, 2026
HireQuest, Inc. reported Q4 2026 revenues of $6.5 million, down 12.7% year-over-year, with EPS of $0.19 beating estimates by 46.15%. Despite challenges, management highlighted a significant gain from asset divestitures…
Earnings analysis · 10-Q
HQI earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
HireQuest reported a positive second quarter, with revenue of $8.099 million and diluted EPS of $0.23, both above the provided consensus estimates and ahead of the prior-year quarter on earnings. Gross margin remained…
Read full summary
HireQuest reported a positive second quarter, with revenue of $8.099 million and diluted EPS of $0.23, both above the provided consensus estimates and ahead of the prior-year quarter on earnings. Gross margin remained 100.0%, while current-quarter operating margin and free cash flow were not disclosed in the supplied filing text. The filing provides no quantitative guidance, and Item 1A states that there were no material changes to the risk factors in the 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.23
- Gross margin
- 100.0%
What stood out
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Revenue increased and beat estimates
Second-quarter revenue was $8.099 million, up from approximately $7 million in 2026 Q1 and approximately $8 million in 2025 Q2. Revenue also exceeded the $7.052 million estimate by approximately $1.047 million.
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EPS improved materially
Diluted EPS was $0.23 versus $0.11 in 2026 Q1 and $0.08 in 2025 Q2, indicating substantial sequential and year-over-year earnings growth.
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Gross margin remained stable
Gross margin remained 100.0%, consistent with the 100.0% reported in each quarter shown from 2024 Q4 through 2026 Q1.
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Share repurchases continued
The company repurchased 226 thousand shares during the six months ended June 30, 2026 at an average price of $10.77 per share. The board-authorized repurchase plan permits purchases of up to $20 million.
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Controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no change in internal control that materially affected, or was reasonably likely to materially affect, financial reporting.
What to watch
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Repurchases may constrain liquidity
The company’s repurchase authorization permits up to $20 million of common-stock purchases, with $17.195 million remaining under the plan as of June 30, 2026. Continued repurchases could reduce cash available for operations or other capital uses.
Management's outlook
The 10-Q provides no quantitative revenue or EPS guidance and does not indicate that prior numerical guidance was raised, maintained, lowered, or withdrawn.
Earlier filings 4
10-K · March 31, 2026
HireQuest describes a royalty-driven franchisor model with revenue of $30.6 million in 2025 and system-wide sales of $500.2 million, operating through 413 franchisee-owned offices (and one company-owned office) across…
10-Q · November 6, 2025
HireQuest reported Q3 revenue of $8,497,000, down year-over-year from $9,416,000, while operating income swung to a profit of $2,445,000 from an operating loss of $(2,695,000) a year ago. Diluted EPS was $0.16…
10-Q · August 8, 2024
HireQuest reported Q2 revenue of $8,680,000 and diluted EPS of $0.15, roughly flat YoY for EPS but with a modest revenue decline versus the prior-year quarter. Operating income ticked up slightly to $2,695,000, but cash…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.