HireQuest, Inc. ( (HQI) ) has released its Q3 earnings. Here is a breakdown of the information HireQuest, Inc. presented to its investors.
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HireQuest, Inc. is a national franchisor specializing in on-demand staffing and executive search services, operating across various industries such as construction, healthcare, and finance. The company recently released its financial results for the third quarter of 2025, highlighting its continued profitability despite a challenging hiring environment in the U.S. staffing industry. Key financial metrics from the third quarter reveal a decrease in total revenue by 9.8% to $8.5 million compared to the previous year, with franchise royalties and service revenue also experiencing declines. However, the company managed to achieve a net income of $2.3 million, a significant turnaround from a net loss in the same quarter last year. Adjusted net income rose to $3.4 million, indicating improved profitability. Despite a decline in system-wide sales by 10.1%, HireQuest’s strategic focus on disciplined expense management and leveraging its franchise model has contributed to its financial resilience. Looking ahead, HireQuest remains committed to supporting its franchisees and expanding its geographic footprint, positioning itself to capitalize on potential market improvements in the future.

