---
schema_version: "secwatch.filing_event.v1"
accession: "0000930420-23-000110"
form_type: "8-K"
ticker: "KFRC"
cik: "0000930420"
company_name: "KFORCE INC"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T15:26:25.595192+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kforce Q1 rev $406M, EPS $0.82; tech flex +2.2%; Q2 guidance rev $392-400M, EPS $0.94-1.02

## Summary
- Q1 revenue $406.0M, down 2.6% YoY from $417.0M; net income $16.2M ($0.82 EPS) vs $19.2M ($0.93 EPS).
- Technology revenue +1.4% YoY; Technology Flex revenue +2.2% YoY; FA revenue -27.9% YoY.
- Gross profit margin 28.1% (-160 bps); Flex GP margin 26.2% (-90 bps); SG&A as % of rev 22.0% (-80 bps).
- Q2 2023 guidance: revenue $392-400M, EPS $0.94-1.02, GP margin 28.7-28.9%, Flex GP margin 26.6-26.8%.
- Board approved Q2 dividend $0.36/share (record June 16, payable June 30); $10M share repurchased in Q1.

## SEC filing metadata
- accession: 0000930420-23-000110
- form_type: 8-K
- ticker: KFRC
- cik: 0000930420
- company_name: KFORCE INC
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/0000930420-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/kfrc-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930420-23-000110
- JSON: https://secwatch.observer/filing/0000930420-23-000110.json
- Plain text: https://secwatch.observer/filing/0000930420-23-000110.txt

## Key facts
- Earnings Releases
  KFORCE INC reported the second quarter of 2023 results: revenue $392 million to $400 million, EPS $0.94 to $1.02. Guidance initiated.
  - Period: the second quarter of 2023
  - Revenue: $392 million to $400 million
  - EPS: $0.94 to $1.02
  - Guidance: initiated
  - Result: guidance update
  source text: Current estimates for the second quarter of 2023 are: • Revenue of $392 million to $400 million • Earnings per share of $0.94 to $1.02
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/0000930420-23-000110-index.htm
- Earnings Releases
  KFORCE INC reported the first quarter ended March 31, 2023 results: revenue $406.0 million, net income $16.2 million, EPS $0.82 per share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $406.0 million
  - Net income: $16.2 million
  - EPS: $0.82 per share
  - Result: reported results
  source text: Revenue for the quarter ended March 31, 2023 was $406.0 million compared to $417.0 million for the quarter ended March 31, 2022, a decrease of 2.6% year-over-year. • Overall Technology revenue increased 1.4% and FA revenue decreased 27.9% year-over-year. • Gross profit margins of 28.1% and Flex gross profit margins of 26.2% decreased 160 and 90 basis points year-over-year, respectively. • SG&A expenses as a percentage of revenue was 22.0% for the quarter ended March 31, 2023, which decreased 80 basis points year-over-year. • Operating margins were 5.8% for the quarter ended March 31, 2023, a decrease of 90 basis points year-over-year. • Net income for the quarter ended March 31, 2023 was $16.2 million, or $0.82 per share, as compared to $19.2 million, or $0.93 per share, in the quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/930420/000093042023000110/0000930420-23-000110-index.htm

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