Royalty was HireQuest’s largest product and service line in fiscal 2025, bringing in $29.00M of $30.64M (95%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Royalty | $28.90M | $35.81M | $32.67M | $29.00M | |||
| Franchise Royalties | — | — | — | — | |||
| Service | $2.06M | $2.07M | $1.93M | $1.65M | |||
| Service Revenue | — | — | — | — | |||
| Total | $30.95M | $37.88M | $34.60M | $30.64M |
HireQuest brought in $30.64M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 11.4% from $34.60M in fiscal 2024. Royalty was the largest at $29.00M (94.6%), ahead of Service at $1.65M (5.4%).
Compared with fiscal 2024, Royalty fell 11.3% to $29.00M and Service fell 14.5% to $1.65M. From fiscal 2022 to 2025, combined revenue from these lines fell from $30.95M to $30.64M, a compound annual decline of 0.3%. Royalty's share of the total rose from 93.4% to 94.6%.
Industrial, Manufacturing & Warehousing was HireQuest’s largest revenue line in fiscal 2018, bringing in $34.21M of $97.39M (35%).
| Concentration Risk Type | FY 2017 | FY 2018 |
|---|---|---|
| Industrial, Manufacturing & Warehousing | $33.50M | $34.21M |
| Construction | $19.99M | $18.46M |
| Hospitality | $18.30M | $16.48M |
| Transportation | $14.05M | $15.32M |
| Retail & Other | $12.24M | $12.92M |
| Total | $98.07M | $97.39M |
HireQuest brought in $97.39M from its five revenue lines in fiscal 2018, the year ended December 28, 2018. That was down 0.7% from $98.07M in fiscal 2017. Industrial, Manufacturing & Warehousing was the largest at $34.21M (35.1%), ahead of Construction at $18.46M (19.0%) and Hospitality at $16.48M (16.9%). The other two revenue lines brought in $28.24M combined.
Compared with fiscal 2017, Transportation grew fastest, up 9.1% to $15.32M, while Hospitality fell the most, down 10.0% to $16.48M.
HireQuest (HQI) reports its revenue by product and service and by concentration risk type. In fiscal 2025, Royalty was its largest product and service line, bringing in $29.00M (94.6% of the total), followed by Service at $1.65M (5.4%).
Royalty was HireQuest's largest product and service line in fiscal 2025, bringing in $29.00M, or 94.6% of the $30.64M total across its two product and service lines.
Industrial, Manufacturing & Warehousing was HireQuest's largest revenue line in fiscal 2018, bringing in $34.21M, or 35.1% of the $97.39M total across its five revenue lines.
Among HireQuest's revenue lines that make up at least 2% of revenue, Transportation grew fastest in fiscal 2018, up 9.1% from $14.05M to $15.32M.
Every figure comes from HireQuest's annual financial filings, as reported. Each line keeps the name HireQuest gives it, and years follow its fiscal calendar.
HireQuest's revenue by product and service goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.