HireQuest (HQI) Operating Expenses (2010 - 2026)
HireQuest (HQI) reported Operating Expenses of $1.9 million for Q1 2026, down 15.02% on a YoY basis from $2.2 million in Q1 2025, and up 6.48% quarter-over-quarter from $1.8 million in Q4 2025.
HireQuest (HQI) Operating Expenses (2010 - 2026) Analysis & Trends
HireQuest has reported Operating Expenses for 16 years, with the latest figure at $1.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 15.02% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2026 stood at $7.7 million (up 7.44% YoY), and the FY2025 full-year result was $8.2 million, up 16.14% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.9 million, up from $1.8 million in the prior quarter.
- The five-year high for Operating Expenses was $7.7 million in Q3 2024, with the low at -$4.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $3.0 million across 5 years, with a median of $2.2 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 200.99% — and 2025, when it tumbled 74.48%.
- HireQuest's Operating Expenses stood at $4.7 million in 2022, then surged by 34.53% to $6.4 million in 2023, then tumbled by 173.8% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 634.03 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 443.00 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 1.10 Bn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 240.00 Mn |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 47.48 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 76.76 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 199.30 Mn |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 87.30 Mn |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | 1.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 6.35 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 |
| Mar 31, 2021 | 3.84 Mn |