HireQuest (HQI) Tax Rate (2019 - 2026)
HireQuest (HQI) reported Tax Rate of 14.4% for Q1 2026, up 387.0% on a YoY basis from 2.96% in Q1 2025, and up 178.5% quarter-over-quarter from 18.35% in Q4 2025.
HireQuest (HQI) Tax Rate (2019 - 2026) Analysis & Trends
HireQuest has reported Tax Rate for 8 years, with the latest figure at 14.4% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 387.0% year-over-year to 14.4%; the trailing twelve-month figure through Mar 2026 stood at 2.81% (up 147.0% YoY), and the FY2025 full-year result was 1.49%, down 384.0% from the prior year.
- Tax Rate for Q1 2026 stood at 14.4%, up from 18.35% in the prior quarter.
- The five-year high for Tax Rate was 25.09% in Q3 2024, with the low at 18.35% in Q4 2025.
- Historically, Tax Rate has averaged 11.96% across 5 years, with a median of 14.81% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 3086 bps — and 2025, when it tumbled 2041 bps.
- HireQuest's Tax Rate stood at 1.82% in 2022, then surged by 1245 bps to 24.48% in 2023, then slumped by 92 bps to 2.07% in 2024, then sank by 988 bps to 18.35% in 2025, then soared by 178 bps to 14.4% in 2026.
- The last three Tax Rate figures came in at 14.4% (Q1 2026), 18.35% (Q4 2025), and 5.38% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 28.76 |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 56.14 |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 27.64 |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 83.77 |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 47.62 |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | -233.55 |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 30.20 |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 11.94 |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | -3.00 |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | 14.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.40% |
| Mar 31, 2026 | 14.40% |
| Dec 31, 2025 | -18.35% |
| Dec 31, 2025 | -18.35% |
| Sep 30, 2025 | 5.38% |
| Sep 30, 2025 | 5.38% |
| Jun 30, 2025 | 4.96% |
| Jun 30, 2025 | 4.96% |
| Mar 31, 2025 | 10.54% |
| Mar 31, 2025 | 10.54% |
| Dec 31, 2024 | 2.07% |
| Dec 31, 2024 | 2.07% |
| Sep 30, 2024 | 25.09% |
| Sep 30, 2024 | 25.09% |
| Jun 30, 2024 | 21.16% |
| Jun 30, 2024 | 21.16% |
| Mar 31, 2024 | 16.73% |
| Mar 31, 2024 | 16.73% |
| Sep 30, 2023 | 24.48% |
| Sep 30, 2023 | 24.48% |