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Hirequest Inc

HireQuest, Inc. provides staffing solutions in the United States. Its services include direct-dispatch, executive search, commercial staffing, industrial and construction personnel, clerical and administrative personnel, permanent placement, commercial and non-CDL drivers, and executive placement and consultant services. The company operates under the HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI trade names. It serves industries such as construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail, as well as dental practices. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.

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HireQuest Q2 2026 revenue rises 6% to $8.1 million

HireQuest reported second quarter 2026 total revenue of $8.1 million, up 6% from $7.6 million a year earlier, with pro forma growth of 16.6% excluding divested MRI Network assets. Net income after tax was $2.7 million, or $0.19 per diluted share, compared with $1.1 million, or $0.08 per diluted share, in the prior-year quarter. Adjusted net income was $3.2 million, or $0.23 per diluted share, and adjusted EBITDA was $4.6 million, up from $3.3 million. CEO Richard Hermanns said demand for temporary staffing improved through the quarter, with year-over-year growth accelerating from 2% to 4% early in the period to 12% to 13% in some weeks by the end, and that the company expects positive results through the balance of 2026. CFO David Hartley noted that system-wide sales were $117.8 million, down from $125.9 million, but up 6.9% pro forma for the MRI divestiture, and that the company had $41.0 million in availability on its credit facility as of June 30, 2026.
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HireQuest declares $0.06 quarterly dividend

HireQuest declared a quarterly dividend of $0.06 per share, in line with its previous payout. The dividend is payable September 15 to shareholders of record on September 1, with the ex-dividend date also September 1. Based on the current share price, the forward yield is 1.38%.
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TrueBlue Stock Reacts to Improving Industrial Staffing Demand

Palm Valley Capital Management noted that TrueBlue's stock appears to be reacting to improving demand for industrial staffing, which grew 10% year-over-year in May before falling to 2% by mid-June. The company is participating in the data center boom through significant growth in its energy projects but has not yet converted this into positive earnings. TrueBlue ended its proxy battle with EHS Investments in April by entering into a cooperation agreement and received and rejected an acquisition offer for its PeopleReady segment from competitor HireQuest. The fund manager remains cautious about sizing the position due to poor execution in recent years.
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