Skip to content
HireQuest logo

HireQuest

HQI

HireQuest, Inc. is a nationwide franchisor providing temporary staffing and executive recruitment solutions across a diverse range of industries.

Market cap
$171.6M+19.1%
Revenue$29.7M-11.8%
Net income$6.5M+91.1%
Free cash flow$10.4M-29.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$7.1M
EPS estimate$0.12

Financials

Q1 2026

Income statement

See full
Revenue$6.5M-12.7%
Net income$1.6M+14.5%

Balance sheet

See full
Cash & equivalents$1.0M-51.4%
Total equity$67.3M+2.7%
Total assets$91.1M-2.8%

Cash flow

See full
Operating cash flow$250.0K-86.5%
CapEx--100%
Free cash flow$250.0K-86.4%

Valuation & ratios

Valuation

See full
Market cap$171.6M+19.1%
P/E26.3×-32.4×
P/S5.8×+1.4×

Profitability

See full
Net margin22%+11.8pp
FCF margin35.1%-8.8pp

Returns & leverage

See full
Return on equity9.8%+4.5pp
Current ratio2.7×+0.5×

Competitors

Profile

HireQuest, Inc. is a nationwide franchisor providing temporary staffing and executive recruitment solutions across a diverse range of industries. The company operates a capital-light business model by primarily generating revenue through royalty fees, license fees, and interest from its franchised offices. Its core value proposition involves removing barriers to entry for franchisees by providing proprietary software, working capital financing, and access to affordable workers' compensation insurance.

Competitive position

A leading nationwide franchisor in the highly fragmented staffing industry, leveraging a differentiated model that provides financial and risk management support to franchisees.

GeographiesUnited States, North America, South America, Europe, Asia, Africa
Customer segmentsSmall and Medium Businesses, Enterprise, Industrial and Blue-Collar
Business modelFranchisor, B2B Service, Factoring and Financing
SuppliersSoftware developers, Insurance carriers, Financial institutions for credit lines, Job boards and recruitment platforms
CustomersFranchisees, Construction contractors, Industrial manufacturers, Logistics and waste management firms, Healthcare providers
Listed2002
Employees82.0K
CEORichard F. Hermanns
FilingsSEC EDGAR

Questions, answered.

What is HireQuest's market cap?
HireQuest (HQI) has a market capitalization of $171.6M and trades on NASDAQ.
What is HireQuest's revenue and profitability?
HireQuest generated $29.7M in trailing twelve-month revenue with net income of $6.5M, representing a net margin of 22.0%. Gross margin stands at -78.6%, with free cash flow of $10.4M. These figures are based on the Q1 2026 filing.
Who are HireQuest's competitors?
HireQuest's key competitors include Robert Half Inc., ManpowerGroup Inc., Kelly Services, Inc., and others. These companies compete in similar markets and product categories.
Who does HireQuest partner with?
HireQuest's notable partners include MRINetwork Operations, LLC, People 2.0, American Staffing Association.
What subsidiaries does HireQuest have?
HireQuest's subsidiaries include Hire Quest, LLC, DriverQuest 2, LLC, HQ Medical, LLC, and others.
Where is HireQuest headquartered?
HireQuest is headquartered in United States of America and employs approximately 82,000 people. It has been publicly traded since 2002.