HireQuest, Inc. shareholders approved Non-binding advisory vote on the compensation paid to the Company's named executive officers at the 2026-06-18 meeting.
“Proposal #3 For Against Abstain Broker Non-Votes Non-binding advisory vote on the compensation paid to the Company's named executive officers 10,853,889 3,686 79,645 1,594,866”
Shareholder Votes
HireQuest, Inc. shareholders approved Ratification of the selection of Forvis Mazars, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-18 meeting.
“Proposal #2 For Against Abstain The ratification of the selection of Forvis Mazars, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 12,529,693 1,129 1,264”
Shareholder Votes
HireQuest, Inc. shareholders approved Election of Directors at the 2026-06-18 meeting.
“Proposal #1 Election of Directors Director Nominee For Withheld Broker Non-Votes Richard F. Hermanns 10,929,807 7,413 1,594,866 R. Rimmy Malhotra 10,849,211 88,009 1,594,866 Lawrence Hagenbuch 10,931,631 5,589 1,594,866 Kathleen Shanahan 10,806,960 130,260 1,594,866 Edward Jackson 10,931,256 5,964 1,594,866 Jack A. Olmstead 10,920,829 16,391 1,594,866”
Earnings Releases
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.
“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”
Earnings Releases
HireQuest, Inc. reported the full year ended December 31, 2025 results: revenue $30.6 million, net income $6.3 million, EPS $0.45 per diluted share.
“Total revenue was $30.6 million compared to $34.6 million in full year 2024, a decrease of 11.4%.”
Earnings Releases
HireQuest, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $7.0 million, net income $1.6 million, EPS $0.11 per diluted share.
“Total revenue in the fourth quarter of 2025 was $7.0 million compared to $8.1 million in the prior year period, a decrease of 13.0%.”
Material Agreements
HireQuest, Inc. entered into Operating Agreement with MRI Operations, SA Talent, LLC, MR Ventures, LLC, Angott Search Group, TJAMB Entities, LLC, and Mark Schwartz (effective 2026-01-01).
“HQ MRI entered into an operating Agreement (the "Operating Agreement") between and among itself, MRI Operations, SA Talent, LLC, MR Ventures, LLC, Angott Search Group, TJAMB Entities, LLC, and Mark Schwartz with an effective date of January 1, 2026”
Material Agreements
HireQuest, Inc. entered into Contribution Agreement with MRINetwork Operations, LLC (effective 2026-01-01).
“HQ MRI Corporation ("HQ MRI"), a wholly-owned subsidiary of HireQuest, Inc. (the "Company") entered into a contribution agreement (the "Contribution Agreement") with MRINetwork Operations, LLC ("MRI Operations") with an effective date of January 1, 2026”
C. David Hartley was appointed as Chief Financial Officer at HireQuest, Inc..
“On April 4, 2025, HireQuest, Inc. (the "Company") appointed, effective May 31, 2025, C. David Hartley to serve as Chief Financial Officer.”
Steve Crane departed as Chief Financial Officer at HireQuest, Inc..
“Steve Crane, the Company's Chief Financial Officer, informed the Company of his intention to retire from his role effective May 31, 2025.”
Earnings Releases
HireQuest, Inc. reported the first quarter ended March 31, 2024 results: revenue $8.4 million, net income $1.7 million, EPS $0.12 per diluted share.
“First Quarter 2024 Summary ● Franchise royalties decreased 16.0% to $7.8 million compared to $9.3 million in the prior year period. ● Total revenue decreased 14.6% to $8.4 million compared to $9.9 million in the prior year period. ● Selling, general and administrative (“SG&A”) expenses were $5.6 million, a decrease of 3.9% compared to $5.8 million in the prior year period. Excluding net workers’ compensation expense of $572,000 and MRI ad fund expense of $101,000, SG&A for the quarter would have decreased 12.6%. ● Income from operations decreased 36.6% to $2.1 million compared to $3.3 million in the prior year period. ● Net income from continuing operations was $1.7 million, or $0.12 per diluted share, a decrease of 27.0% compared to net income from continuing operations of $2.3 million, or $0.17 per diluted share in the prior year period.”
Earnings Releases
HireQuest, Inc. reported financial results for the year and quarter ended December 31, 2023.
“On March 21, 2024, HireQuest, Inc. (the "Company") issued a press release (the "Press Release") reporting its financial results for the year and quarter ended December 31, 2023, a copy of which is attached hereto as Exhibit 99.1.”
Steven G. Crane was appointed as Chief Financial Officer at HireQuest, Inc..
“Chief Financial Officer Appointment Effective November 13, 2023, the Company appointed Steven G. Crane, age 66, as its Chief Financial Officer.”
Earnings Releases
HireQuest, Inc. reported Third quarter ended September 30, 2023 results: revenue $9.3 million, net income $1.6 million, EPS $0.12 per diluted share.
“30, 2023. Third Quarter 2023 Summary ● Franchise royalties increased 19.9% to $8.9 million compared to $7.4 million in the prior year period. ● Total revenue increased 18.1% to $9.3 million compared to $7.8 million in the prior year period. ● Selling, general and administrative (“SG&A”) expenses increased 201% to $6.4 million compared to $2.1 million in the prior”
Earnings Releases
HireQuest, Inc. reported quarter ended June 30, 2023 results: revenue Total revenue increased 12.4% to $9.0 million, net income Net income from continuing operations decreased 57.2% to $2.1 million, EPS $0.15 per diluted share.
“June 30, 2023. Second Quarter 2023 Summary ● Franchise royalties increased 20.5% to $8.7 million compared to $7.2 million in the prior year period. ● Total revenue increased 12.4% to $9.0 million compared to $8.0 million in the prior year period. ● Income from operations decreased 37.4% to $2.7 million compared to $4.3 million in the prior year period. ●”
Shareholder Votes
HireQuest, Inc. shareholders approved Non-binding advisory vote on the compensation paid to the Company's named executive officers at the 2023-06-15 meeting.
“Proposal #3 For Against Abstain Broker Non-Votes Non-binding advisory vote on the compensation paid to the Company's named executive officers 10,267,105 61,195 429,875 1,601,874”
Shareholder Votes
HireQuest, Inc. shareholders approved Ratification of the selection of FORVIS, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-15 meeting.
“Proposal #2 For Against Abstain The ratification of the selection of FORVIS, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 12,358,386 1,187 476”
Shareholder Votes
HireQuest, Inc. shareholders approved Election of Directors at the 2023-06-15 meeting.
“Proposal #1 Election of Directors Director Nominee For Withheld Broker Non-Votes Richard F. Hermanns 10,746,155 12,020 1,601,874 R. Rimmy Malhotra 10,545,766 212,409 1,601,874 Lawrence Hagenbuch 10,519,662 238,513 1,601,874 Kathleen Shanahan 10,537,659 220,516 1,601,874 Edward Jackson 10,746,155 12,020 1,601,874 Jack A. Olmstead 10,746,252 11,923 1,601,874”
Earnings Releases
HireQuest, Inc. reported the first quarter ended March 31, 2023 results: revenue $9.9 million, net income $2.3 million, EPS $0.17 per diluted share.
“31, 2023. First Quarter 2023 Summary ● Franchise royalties increased 41.8% to $9.3 million compared to $6.6 million in the prior year period. ● Total revenue increased 40.0% to $9.9 million compared to $7.0 million in the prior year period. ● Income from operations decreased 14.7% to $3.3 million compared to $3.9 million in the prior year period. ● SG&A increased”
Earnings Releases
HireQuest, Inc. reported fourth quarter ended December 31, 2022 results: revenue $8.0 million, net income $2.6 million, EPS $0.19 per diluted share.
“31, 2022. Fourth Quarter 2022 Summary ● Franchise royalties increased 26.4% to $7.7 million compared to $6.1 million in the prior year period. ● Total revenue increased 23.1% to $8.0 million compared to $6.5 million in the prior year period. ● Income from operations increased 68.4% to $2.8 million compared to $1.7 million in the prior year period. ● Net income from”
Earnings Releases
HireQuest, Inc. reported year ended December 31, 2022 results: revenue $31.0 million, net income $12.0 million, EPS $0.87 per diluted share.
“Full Year 2022 Summary ● Franchise royalties increased 35.6% to $28.9 million compared to $21.3 million for full year ended December 31, 2021. ● Total revenue increased 37.4% to $31.0 million compared to $22.5 million in the prior year period. ● Income from operations increased 109.6% to $16.0 million compared to $7.7 million in the prior year period. ● Net income”
Debt Financings
HireQuest, Inc. incurred credit facility of $50,000,000 with Bank of America, N.A. at BSBY Daily Floating Rate plus a margin between 1.00% and 1.75% per annum maturing February 28, 2028.
“On February 28, 2023 HireQuest, Inc. (the "Company") and all of its subsidiaries as borrowers (collectively with the Company, the "Borrowers") entered into a Revolving Credit and Term Loan Agreement with Bank of America, N.A. (the "Bank") for a $50,000,000 revolving facility (the " Senior Credit Facility "), which includes a $20,000,000 sublimit for the issuance of standby letters of credit (each a " Letter of Credit ").”
Material Agreements
HireQuest, Inc. entered into Revolving Credit and Term Loan Agreement with Bank of America, N.A. valued at $50,000,000 (effective 2023-02-28).
“On February 28, 2023 HireQuest, Inc. (the "Company") and all of its subsidiaries as borrowers (collectively with the Company, the "Borrowers") entered into a Revolving Credit and Term Loan Agreement with Bank of America, N.A. (the "Bank") for a $50,000,000 revolving facility (the “ Senior Credit Facility ”)”
Auditor Changes
HireQuest, Inc. engaged FORVIS, LLP as its auditor.
“the Audit Committee approved the engagement of FORVIS, LLP (“FORVIS”) as the Company’s independent registered public accounting firm for the Company's year ending December 31, 2023”
Auditor Changes
HireQuest, Inc. dismissed Plante & Moran, PLLC as its auditor.
“O n December 19, 2022 the Audit Committee of the Board of Directors (the "Audit Committee") of HireQuest, Inc. (the "Company") with the assistance of management dismissed Plante & Moran, PLLC ("Plante Moran") as the Company’s independent registered public accounting firm”
M&A Transactions
HireQuest, Inc. completed an acquisition involving MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (closed 2022-12-12).
“On December 12, 2022, HQ Snelling Corporation (“HQ Snelling”), a wholly owned subsidiary of HireQuest, Inc. (the “Company”) completed its acquisition of certain assets and assumption of certain liabilities (the “Transaction”) of MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (collectively, the “Sellers”)”
Material Agreements
HireQuest, Inc. entered into Asset Purchase Agreement with MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (collectively, the "Sellers"), and Bert Miller, as the Sellers' Representative valued at $13.5 million (effective 2022-11-16).
“On November 16, 2022, HQ Snelling Corporation ("HQ Snelling"), a wholly-owned subsidiary of HireQuest, Inc. (the "Company"), entered into a definitive Asset Purchase Agreement (the "Purchase Agreement") with MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (collectively, the "Sellers"), and Bert Miller, as the Sellers' Representative. Pursuant to the Purchase Agreement, HQ Snelling will acquire certain assets and assume certain liabilities of the Sellers (such acquisition and assumption, the "Transaction"), for a purchase price of $13.5 million”
Earnings Releases
HireQuest, Inc. reported the nine months ended September 30, 2022 results: revenue $26.8 million, net income $9.5 million, EPS $0.69 per diluted share.
“was $1.7 million compared to $741 thousand in the prior-year period. Staffing revenue from owned locations for the 2022 year-to-date period was $3.9 million. Total revenue was $26.8 million compared to $16.0 million in the same year-ago period, an increase of 67.6%. Gross profit in the first nine months of 2022 was $24.0 million compared to $16.0 million in the”
Earnings Releases
HireQuest, Inc. reported the third quarter ended September 30, 2022 results: revenue $9.4 million, net income $4.1 million, EPS $0.30 per diluted share.
“was $429 thousand compared to $341 thousand in the prior-year quarter. Staffing revenue from owned locations was $1.5 million. Total revenue in the third quarter of 2022 was $9.4 million compared to $6.9 million in the year-ago quarter, an increase of 36.0%. Gross profit in the third quarter of 2022 was $8.2 million compared to $6.9 million in the year-ago”
Payne Brown resigned as Director at HireQuest, Inc..
“On December 8, 2021, Payne Brown, a member of the Board of Directors of HireQuest, Inc. (the “Company”), notified the Company of his resignation as director of the Company, effective immediately, as a result of a policy at his place of employment that does not allow him to serve as director for public companies.”
David S. Burnett was appointed as Chief Financial Officer at HireQuest, Inc..
“Effective December 1, 2021, HireQuest, Inc. (the “Company”) appointed David S. Burnett, age 55, as its Chief Financial Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.