HireQuest Reports Financial Results for Second Quarter 2026

$HQIPress releaseAug 10, 2026, 4:05 PM ETRead the release

HireQuest reported Q2 2026 revenue of $8.1 million, up 6.0% year-over-year, though pro forma revenue increased 16.6% excluding the impact of the MRINetwork Assets Divestiture. Profitability improved significantly as net income more than doubled to $2.7 million, with diluted EPS rising to $0.19 compared to $0.08 in the prior year, driven by a 31.9% decrease in SG&A expenses.

Key figures

Eps: 0.19
Revenue: $8.1 million
Revenue Yoy: 6.0%
Cash balance: $1.6 million
Adjusted ebitda: $4.6 million
System wide sales: $117.8 million
Adjusted net income: $3.2 million
Franchise royalties: $7.6 million

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