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HireQuest HQI Business Segments — Number Of Franchisee Owned Offices

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Other financials

Income statement

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Revenue$6.5M-12.7%
Gross profit$8.2M+19.7%
Operating income$5.2M+51.0%
Net income$1.6M+14.5%
EPS (diluted)$0.31+34.8%

Balance sheet

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Cash & equivalents$1.0M-51.4%
Total debt$3.6M
Total equity$67.3M+2.7%
Total assets$91.1M-2.8%

Cash flow

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

Valuation

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Market cap$178.58M+30.2%
P/E27.4×-28.9×
P/S+1.8×

Profitability

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Gross margin-78.6%
Operating margin37.2%
Net margin22%+11.8pp
FCF margin35.1%-8.8pp

Returns & leverage

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Return on equity9.8%+4.5pp
Debt / equity0.1×
Current ratio2.7×+0.5×

Where this comes from

Reported directly by HireQuest in its filing.

Tagged under the XBRL concept hqi:NumberOfFranchiseeOwnedOffices.

The source filing: HireQuest’s 10-K, filed March 31, 2026.

Filed
Mar 31, 2026, 12:00 AM EDT
Fiscal year
FY2025
Accession
0001437749-26-010435

As of December 31, 2025 we had 413 franchisee-owned offices and 1 company-owned office in 43 states, the District of Columbia, and 14 countries outside of the United States. 197 of those offices operated by 177 franchisees were MRI offices which were divested to MRINetwork Operations, LLC on January 1, 2026. We are the employer of record to approximately 75 thousand employees annually, who in turn provide services to thousands of clients in various industries including construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, retail, and dental practices. We provide employment, marketing, working capital funding, software, and administrative services to our franchisees.

Item 7. Management’s Discussion and Analysis of Financial Conditions and Results of Operations

FAQ

What is HireQuest's business segments — number of franchisee owned offices?
HireQuest (HQI) reported business segments — number of franchisee owned offices of 197 in Q4 2025.
What does business segments — number of franchisee owned offices mean?
This metric represents the total count of operational business locations owned and managed by third-party franchisees within the network. It serves as a key indicator of the brand's physical footprint and the scale of the franchise-based business model. Growth in this figure typically reflects successful expansion of the network and increased market penetration.

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