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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›HQI›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

HireQuest, Inc. (HQI) financials

Income statement

HireQuest, Inc. (HQI) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$93.3M$98.1M$12.3M$15.9M$13.8M$22.5M$31.0M$37.9M$34.6M$30.6M
Revenue growth—5.2%-87.4%28.8%-13.0%63.1%37.4%22.4%-8.7%-11.4%
Gross profit$23.7M$25.4M$24.9M—$13.8M$22.6M————
Gross margin25.4%25.9%202.3%—100.0%100.3%————
Operating income$1.10M$3.70M$6.91M$2.78M$4.98M$7.65M$16.0M$10.6M$4.37M$6.28M
Operating margin1.2%3.8%56.1%17.5%36.1%34.0%51.8%28.1%12.6%20.5%
Net income$557K$1.68M$7.12M-$290K$5.36M$11.8M$12.5M$6.13M$3.67M$6.33M
Net margin0.6%1.7%57.7%-1.8%38.8%52.6%40.2%16.2%10.6%20.7%
EPS (diluted)$0.11$0.33$0.72-$0.03$0.39$0.87$0.91$0.45$0.26$0.45

Cash flow

HireQuest, Inc. (HQI) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$464K$4.75M$5.07M$4.96M$10.9M$17.4M$16.9M$10.6M$12.0M$12.0M
Share buybacks$1.53M$375K$0.00$8.37M$146K$0.00——$0.00$377K
Dividends paid———$0.00$678K$680K$822K$833K$838K$842K

Balance sheet

HireQuest, Inc. (HQI) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$3.05M$7.78M$1.29M$4.19M——————
Total assets$24.0M$25.4M$24.4M$46.9M$49.1M$77.4M$103M$104M$94.0M$88.2M
Total liabilities$5.82M$5.77M$13.4M$15.6M$12.7M$30.6M$45.0M$41.1M$29.2M$19.9M
Shareholders' equity$18.1M$10.8M$10.9M$31.3M$36.4M$46.7M$58.3M$62.7M$64.8M$68.3M
Retained earnings-$38.3M-$36.6M$3.97M$3.68M$7.69M$16.4M$25.5M$28.3M$28.6M$31.2M
Shares (wtd avg diluted)5.26M5.11M9.94M11.6M13.7M13.6M13.7M13.8M13.9M14.0M

Every figure is extracted from HireQuest, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HireQuest, Inc.'s annual revenue?
HireQuest, Inc. (HQI) reported $30.6M of revenue for fiscal year 2025 — down 11.4% from $34.6M in FY2024, per its annual report filed with the SEC.
Is HireQuest, Inc. profitable?
Yes — HQI earned $6.33M of net income in FY2025, a 20.7% net margin, per SEC filings.
Does HQI pay a dividend?
Yes — HireQuest, Inc. paid $842K in cash dividends during FY2025, per its SEC cash-flow statement.
Full HQI analysis — verdict, score & filings →Is HQI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.