HireQuest (HQI) Operating Expenses (2010 - 2026)
HireQuest's (HQI) quarterly Operating Expenses came in at $1.9 million in Q1 2026, down 15.02% YoY from $2.2 million in Q1 2025, and up 6.48% on a QoQ basis from $1.8 million in Q4 2025.
HireQuest (HQI) Operating Expenses (2010 - 2026) Analysis & Trends
HireQuest (HQI) has 16 years of Operating Expenses data on file, last reported at $1.9 million in Q1 2026.
- Quarterly Operating Expenses fell 15.02% year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.7 million (up 7.44% YoY) and the FY2025 annual result came in at $8.2 million, up 16.14% from the prior year.
- Operating Expenses rose to $1.9 million in Q1 2026, from $1.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $17.8 million in Q3 2023 to a low of -$4.7 million in Q4 2024.
- A 5-year average of $3.7 million and a median of $2.2 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 744.34% — and 2025, when it tumbled 74.48%.
- Tracing HQI's Operating Expenses over 5 years: stood at $4.7 million in 2022, then jumped by 277.39% to $17.8 million in 2023, then slumped by 126.31% to -$4.7 million in 2024, then surged by 137.85% to $1.8 million in 2025, then increased by 6.48% to $1.9 million in 2026.
- The last three Operating Expenses figures came in at $1.9 million (Q1 2026), $1.8 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.46 Bn | 4.13 Bn | 474.03 Mn | 536.33 Mn |
| 2 | Korn Ferry | 4.36 Bn | 3.22 Bn | 685.99 Mn | 666.73 Mn |
| 3 | Trinet | 3.22 Bn | 1.34 Bn | - | 1.10 Bn |
| 4 | ManpowerGroup | 2.87 Bn | 2.69 Bn | 780.30 Mn | 668.30 Mn |
| 5 | Insperity | 2.00 Bn | 1.38 Bn | 217.00 Mn | 211.00 Mn |
| 6 | Kforce | 974.27 Mn | 973.94 Mn | 99.45 Mn | 79.41 Mn |
| 7 | Barrett Business Services | 809.08 Mn | 709.69 Mn | 64.85 Mn | 47.19 Mn |
| 8 | Kelly Services | 587.82 Mn | 563.62 Mn | 212.00 Mn | 195.90 Mn |
| 9 | TrueBlue | 322.24 Mn | 298.98 Mn | 91.58 Mn | 83.83 Mn |
| 10 | HireQuest | 231.74 Mn | 230.10 Mn | - | 1.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.27 Mn |
| Mar 31, 2026 | 1.89 Mn |
| Dec 31, 2025 | 1.78 Mn |
| Sep 30, 2025 | 1.97 Mn |
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 2.22 Mn |
| Dec 31, 2024 | -4.69 Mn |
| Sep 30, 2024 | 7.73 Mn |
| Jun 30, 2024 | 1.90 Mn |
| Mar 31, 2024 | 1.89 Mn |
| Sep 30, 2023 | 17.82 Mn |
| Jun 30, 2023 | 5.63 Mn |
| Mar 31, 2023 | 5.84 Mn |
| Dec 31, 2022 | 4.72 Mn |
| Sep 30, 2022 | 2.11 Mn |
| Jun 30, 2022 | 3.22 Mn |
| Mar 31, 2022 | 2.66 Mn |
| Dec 31, 2021 | 4.40 Mn |
| Sep 30, 2021 | 3.04 Mn |
| Jun 30, 2021 | 2.04 Mn |