---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-025435"
form_type: "8-K"
ticker: "HQI"
cik: "0001140102"
company_name: "HireQuest, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:06:22.271256+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HireQuest Q2 revenue $7.6M, net income $1.1M; system-wide sales down 13.9%

## Summary
- Total revenue $7.6M (-12% YoY); net income $1.1M ($0.08 diluted) vs $2.0M ($0.15) a year ago.
- Adjusted net income $2.1M ($0.15 diluted); adjusted EBITDA $3.3M vs $4.0M in Q2 2024.
- System-wide sales fell 13.9% to $125.9M; CEO cites protracted staffing market softness.
- SG&A rose 10.8% to $5.9M due to $929K transaction expenses; workers' comp expense decreased.
- Cash $2.7M; $35.9M available under credit line; quarterly dividend maintained at $0.06 per share.

## SEC filing metadata
- accession: 0001437749-25-025435
- form_type: 8-K
- ticker: HQI
- cik: 0001140102
- company_name: HireQuest, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140102/000143774925025435/0001437749-25-025435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140102/000143774925025435/hqi20250806_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-025435
- JSON: https://secwatch.observer/filing/0001437749-25-025435.json
- Plain text: https://secwatch.observer/filing/0001437749-25-025435.txt

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