HireQuest Q1 revenue down 12.7% to $6.5M; net income $1.6M ($0.11 EPS)

HireQuest, Inc.

2026-Q1 EPS reported $0.11 vs consensus $0.11 ▼ miss (-1.0%)

Total revenue $6.5M vs $7.5M prior year; decline partly due to MRINetwork divestiture on Jan 1, 2026.
Net income $1.6M ($0.11 diluted EPS) vs $1.4M ($0.10); adjusted net income $1.8M ($0.13) flat YoY.
System-wide sales fell 13.4% to $102.6M; prior-year included $16.0M from divested MRINetwork assets.
SG&A down 18.8% to $4.3M; cash $1.0M; no debt; $40.3M available under line of credit.
Quarterly dividend maintained at $0.06 per share; company intends to continue $0.06 quarterly.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

HireQuest, Inc. reported first quarter ended March 31, 2026 results: revenue $6.5 million, net income $1.6 million, EPS $0.11 per diluted share.

Period: first quarter ended March 31, 2026
Revenue: $6.5 million
Net income: $1.6 million
EPS: $0.11 per diluted share
Result: reported results

Exact text from the filing

in franchise royalties and $74,000 in service revenue related to MRINetwork assets which were divested on January 1, 2026. Total revenue in the first quarter of 2026 was $6.5 million compared to $7.5 million in the prior year period, a decrease of 12.7%. SG&A expenses in the first quarter of 2026 were $4.3 million compared to $5.3 million in the first quarter

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Source: SEC EDGAR

accession 0001437749-26-016423

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