Companies · HQI
HireQuest, Inc.
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Latest analysis
Updated Aug 13, 2026
HireQuest declares $0.06/share quarterly dividend for September payment
HireQuest's board declared a $0.06 per share quarterly cash dividend payable September 15, 2026, to shareholders of record September 1, 2026. This marks a continuation of shareholder distributions amid the company's ongoing portfolio of staffing and executive search franchises across construction, light industrial, healthcare, and other sectors. The filing contains standard forward-looking statement cautions regarding dividend sustainability, tied to cash flow, board approval, financing restrictions, and the company's financial condition.
Tone: neutralRevenue
$30.6M
HQI 10-K · FY 2025
Employees
88
Revenue FY2024
$34.6M
Founded
2002
Profile
HQI 10-K Item 1 · Mar 31, 2026HireQuest, Inc. is a nationwide franchisor of temporary staffing and permanent placement offices operating across light industrial, blue-collar, and professional recruitment segments. The company earns revenue primarily through royalty fees charged to franchisees on their gross billings or funded payroll, rather than from direct staffing operations. As of December 31, 2025, its network spanned 413 franchisee-owned offices across 43 states, the District of Columbia, and 14 countries.
Read filing description ↓ Collapse description ↑
HireQuest, Inc. is a nationwide franchisor of temporary staffing offices providing direct-dispatch and commercial staffing solutions in the light industrial and blue-collar industries, and professional recruitment offices providing permanent placement services in the executive, managerial and administrative fields. In 2025, our franchisees operated under the trade names 'HireQuest Direct,' 'Snelling,' 'DriverQuest,' 'HireQuest Health,' 'Northbound Executive Search,' 'Management Recruiters International,' 'TradeCorp' and 'Sales Consultants.' HireQuest Direct focuses on daily-work/daily-pay jobs primarily for construction and light industrial customers. Snelling and HireQuest focus on longer-term staffing positions in the light industrial and administrative arenas. TradeCorp focuses on jobs primarily for construction site skilled trades. DriverQuest specializes in both commercial and non-CDL drivers serving a variety of industries and applications. HireQuest Health specializes in skilled personnel in the healthcare and dental industries. Northbound, MRI, and Sales Consultants focus on executive, managerial, and professional recruitment services, although many franchisees also offer short-term consultant and contract staffing services. Our revenue, which is primarily comprised of royalty fees generated by the operations of our franchised offices, license fees, and interest charged to our franchisees on overdue accounts receivable, was $30.6 million in 2025. Our system-wide sales, which we define as sales at all offices, whether owned and operated by us or by our franchisees, were $500.2 million in 2025. At December 31, 2025, we had 413 franchisee-owned offices and one company-owned office operating in 43 states, the District of Columbia, and 14 countries outside the United States.
Primary products
- HireQuest Direct
- Snelling
- DriverQuest
- HireQuest Health
- Northbound Executive Search
- Management Recruiters International
End markets
Geographies
“We believe we are one of the largest providers of direct-dispatch temporary staffing solutions in the light industrial and blue-collar segments of the staffing industry measured by number of offices.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total revenue declined from $34.6 million in 2024 to $30.6 million in 2025, driven by a softening staffing and recruiting market and an 11.3% decline in system-wide sales from $563.6 million to $500.2 million.
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