HireQuest (HQI) Cost of Revenue (2010 - 2022)

HireQuest has reported Cost of Revenue for 11 years, with the latest figure at -$7.7 million in Q4 2022.

• For the quarter ending Q4 2022, Cost of Revenue fell 4597.85% year-over-year to -$7.7 million; the trailing twelve-month figure through Dec 2022 stood at -$4.8 million (down 2937.32% YoY), and the FY2022 full-year result was $22.9 million, up 13329.06% from the prior year.
• Cost of Revenue for Q4 2022 stood at -$7.7 million, down from $1.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $19.9 million in Q3 2018, with the low at -$7.7 million in Q4 2022.
• Historically, Cost of Revenue has averaged $8.5 million across 4 years, with a median of $8.6 million in 2019.
• Annual changes were most pronounced in 2019 — Cost of Revenue advanced 2.18% — and 2022, when it tumbled 4597.85%.
• HireQuest's Cost of Revenue stood at $17.8 million in 2018, then plunged by 100.49% to -$87645.0 in 2019, then jumped by 294.59% to $170548.0 in 2021, then plunged by 4597.85% to -$7.7 million in 2022.
• The last three Cost of Revenue figures came in at -$7.7 million (Q4 2022), $1.1 million (Q3 2022), and $947000.0 (Q2 2022), per Business Quant data.