HireQuest (HQI) Gross Profit (2010 - 2022)

HireQuest (HQI) reported Gross Profit of $8.0 million for Q4 2022, up 23.11% on a YoY basis from $6.5 million in Q4 2021, and down 2.29% quarter-over-quarter from $8.2 million in Q3 2022.

HireQuest (HQI) Gross Profit (2010 - 2022) Analysis & Trends

HireQuest has reported Gross Profit for 12 years, with the latest figure at $8.0 million in Q4 2022.

  • For the quarter ending Q4 2022, Gross Profit rose 23.11% year-over-year to $8.0 million; the trailing twelve-month figure through Dec 2022 stood at $32.0 million (up 42.09% YoY), and the FY2022 full-year result was $8.0 million, down 64.37% from the prior year.
  • Gross Profit for Q4 2022 stood at $8.0 million, down from $8.2 million in the prior quarter.
  • The five-year high for Gross Profit was $16.1 million in Q4 2018, with the low at $3.4 million in Q3 2019.
  • Historically, Gross Profit has averaged $6.7 million across 5 years, with a median of $6.5 million in 2018.
  • Annual changes were most pronounced in 2018 — Gross Profit surged 168.62% — and 2019, when it tumbled 47.62%.
  • HireQuest's Gross Profit stood at $16.1 million in 2018, then slumped by 79.06% to $3.4 million in 2019, then grew by 0.74% to $3.4 million in 2020, then jumped by 91.98% to $6.5 million in 2021, then rose by 23.11% to $8.0 million in 2022.
  • The last three Gross Profit figures came in at $8.0 million (Q4 2022), $8.2 million (Q3 2022), and $8.3 million (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Korn Ferry 3.69 Bn 2.72 Bn 724.93 Mn
2 Robert Half 3.13 Bn 2.85 Bn 479.91 Mn
3 Trinet 2.12 Bn 660.05 Mn 1.16 Bn
4 ManpowerGroup 1.56 Bn 1.34 Bn 723.00 Mn
5 Insperity 1.38 Bn 825.54 Mn 302.00 Mn
6 Barrett Business Services 828.03 Mn 736.15 Mn 43.19 Mn
7 Kforce 777.11 Mn 775.77 Mn 90.07 Mn
8 Kelly Services 391.13 Mn 365.53 Mn 196.40 Mn
9 TrueBlue 205.89 Mn 181.76 Mn 79.02 Mn
10 HireQuest 172.03 Mn 171.01 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 8.05 Mn
Dec 31, 2022 8.05 Mn
Sep 30, 2022 8.24 Mn
Sep 30, 2022 8.24 Mn
Jun 30, 2022 8.34 Mn
Jun 30, 2022 8.34 Mn
Mar 31, 2022 7.38 Mn
Mar 31, 2022 7.38 Mn
Dec 31, 2021 6.54 Mn
Dec 31, 2021 6.54 Mn
Sep 30, 2021 6.88 Mn
Sep 30, 2021 6.88 Mn
Jun 30, 2021 5.71 Mn
Jun 30, 2021 5.71 Mn
Mar 31, 2021 3.40 Mn
Mar 31, 2021 3.40 Mn
Dec 31, 2020 3.41 Mn
Dec 31, 2020 3.41 Mn
Sep 29, 2019 3.38 Mn
Sep 29, 2019 3.38 Mn