---
schema_version: "secwatch.filing_event.v1"
accession: "0000930420-22-000197"
form_type: "8-K"
ticker: "KFRC"
cik: "0000930420"
company_name: "KFORCE INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T22:14:10.919229+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kforce Q3 revenue $437.6M (+8.7% YoY), EPS $1.09; tech revenue up 15.8%

## Summary
- Technology revenue grew 15.8% YoY to $437.6M total; FA revenue down 28% due to planned COVID-19 project wind-down.
- Net income $22.3M ($1.09 EPS) vs $20.2M ($0.96 EPS) YoY; near top of guidance.
- Returned $28.5M to shareholders via $22.5M share repurchases and $6M dividends.
- Q4 guidance: revenue $414M-$422M, EPS $0.88-$0.96; expects to slightly exceed full-year 2022 guidance of $1.7B revenue and $4.20 EPS.
- Board approved $0.30/share dividend payable Dec 23, 2022 to holders of record Dec 9, 2022.

## SEC filing metadata
- accession: 0000930420-22-000197
- form_type: 8-K
- ticker: KFRC
- cik: 0000930420
- company_name: KFORCE INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930420/000093042022000197/0000930420-22-000197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930420/000093042022000197/kfrc-20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930420-22-000197
- JSON: https://secwatch.observer/filing/0000930420-22-000197.json
- Plain text: https://secwatch.observer/filing/0000930420-22-000197.txt

## Key facts
- Earnings Releases
  KFORCE INC reported fourth quarter of 2022 results: revenue $414 million to $422 million, EPS $0.88 to $0.96. Guidance initiated.
  - Period: fourth quarter of 2022
  - Revenue: $414 million to $422 million
  - EPS: $0.88 to $0.96
  - Guidance: initiated
  - Result: guidance update
  source text: Current estimates for the fourth quarter of 2022 are: • Revenue of $414 million to $422 million • Earnings per share of $0.88 to $0.96 • Gross profit margin of 28.7% to 28.9% • Flex gross profit margin of 26.5% to 26.7% • SG&A expense as a percent of revenue of 22.6% to 22.8% • Operating margin of 5.6% to 6.0% • WASO of 20.0 million • Effective tax rate of 20.6%
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042022000197/0000930420-22-000197-index.htm
- Earnings Releases
  KFORCE INC reported third quarter ended September 30, 2022 results: revenue $437.6 million, net income $22.3 million, EPS $1.09.
  - Period: third quarter ended September 30, 2022
  - Revenue: $437.6 million
  - Net income: $22.3 million
  - EPS: $1.09
  - Result: reported results
  source text: • Revenue for the quarter ended September 30, 2022 was $437.6 million and increased 8.7% year-over-year. Excluding the impact of the planned run-off in the COVID-19 project-related business, overall revenue would have improved 10.7% year-over-year. • Technology revenue increased 15.8% year-over-year. • FA revenue decreased 28.0% year-over-year as a result of the planned reductions in our COVID-19 project- related business and repositioning efforts. • Flex gross profit margins decreased 70 basis points year-over-year. • Operating margins decreased 10 basis points year-over-year. • Net income for the quarter ended September 30, 2022 was $22.3 million, or $1.09 per share, versus $20.2 million, or $0.96 per share, in the quarter ended September 30, 2021. • Returned $28.5 million in capital to our shareholders through $22.5 million in share repurchases and $6.0 million in dividends.
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042022000197/0000930420-22-000197-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.