Cash Flow Statement
Growth Metrics

HireQuest (HQI) Gross Margin (2016 - 2022)

HireQuest's Gross Margin history spans 12 years, with the latest figure at 104.93% for Q4 2022.

  • For Q4 2022, Gross Margin fell 284.0% year-over-year to 104.93%; the TTM value through Dec 2022 reached 104.74%, up 260.0%, while the annual FY2021 figure was 100.27%, 27.0% up from the prior year.
  • Gross Margin reached 104.93% in Q4 2022 per HQI's latest filing, roughly flat from 104.96% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 107.76% in Q4 2021 to a low of 24.53% in Q3 2018.
  • Average Gross Margin over 5 years is 77.14%, with a median of 100.0% recorded in 2020.
  • Peak YoY movement for Gross Margin: surged 7813bps in 2019, then plummeted -284bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 24.53% in 2018, then soared by 318bps to 102.66% in 2019, then fell by -3bps to 100.0% in 2020, then increased by 8bps to 107.76% in 2021, then fell by -3bps to 104.93% in 2022.
  • Per Business Quant, the three most recent readings for HQI's Gross Margin are 104.93% (Q4 2022), 104.96% (Q3 2022), and 104.26% (Q2 2022).