HireQuest (HQI) Revenue & Revenue Breakdown


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HireQuest Revenue Highlights


Latest Revenue (Y)

$37.88M

Latest Revenue (Q)

$8.68M

Main Segment (Y)

Royalty

HireQuest Revenue by Period


HireQuest Revenue by Year

DateRevenueChange
2023-12-31$37.88M22.39%
2022-12-31$30.95M35.99%
2021-12-31$22.76M64.82%
2020-12-31$13.81M-13.02%
2019-12-31$15.88M-83.70%
2018-12-28$97.39M-0.70%
2017-12-29$98.07M5.16%
2016-12-30$93.26M5.38%
2015-12-25$88.50M-3.64%
2014-12-26$91.84M-2.04%
2013-12-27$93.75M-4.76%
2012-12-28$98.43M20.15%
2011-12-30$81.92M17.98%
2010-12-31$69.44M34.67%
2009-12-25$51.56M-34.93%
2008-12-26$79.23M-19.74%
2007-12-28$98.72M38.52%
2006-12-31$71.27M19048.18%
2005-12-31$372.21K-10.33%
2004-12-31$415.08K-6.63%
2003-12-31$444.56K56.19%
2002-12-31$284.62K240.61%
2001-12-31$83.56K-

HireQuest generated $37.88M in revenue during NA 2023, up 22.39% compared to the previous quarter, and up 38.90% compared to the same period a year ago.

HireQuest Revenue by Quarter

DateRevenueChange
2024-06-30$8.68M3.10%
2024-03-31$8.42M-13.78%
2023-12-31$9.76M5.32%
2023-09-30$9.27M3.13%
2023-06-30$8.99M-8.80%
2023-03-31$9.86M22.46%
2022-12-31$8.05M-14.02%
2022-09-30$9.36M17.01%
2022-06-30$8.00M-1.78%
2022-03-31$8.14M20.33%
2021-12-31$6.77M-1.63%
2021-09-30$6.88M20.59%
2021-06-30$5.71M67.69%
2021-03-31$3.40M-0.07%
2020-12-31$3.41M0.67%
2020-09-30$3.38M16.60%
2020-06-30$2.90M-29.59%
2020-03-31$4.12M-28.75%
2019-12-31$5.78M71.04%
2019-09-29$3.38M-86.39%
2019-06-28$24.84M14.17%
2019-03-29$21.75M-10.97%
2018-12-28$24.44M-7.12%
2018-09-28$26.31M8.82%
2018-06-29$24.18M7.60%
2018-03-30$22.47M-8.36%
2017-12-29$24.52M-8.19%
2017-09-29$26.70M8.98%
2017-06-30$24.50M9.64%
2017-03-31$22.35M-14.33%
2016-12-30$26.09M-1.31%
2016-09-23$26.43M21.95%
2016-06-24$21.68M13.69%
2016-03-25$19.07M-12.78%
2015-12-31$21.86M-12.05%
2015-09-30$24.86M9.00%
2015-06-30$22.80M20.16%
2015-03-31$18.98M-20.99%
2014-12-26$24.02M-13.28%
2014-09-26$27.70M27.87%
2014-06-27$21.66M17.36%
2014-03-28$18.46M-25.08%
2013-12-31$24.64M-4.91%
2013-09-30$25.91M11.23%
2013-06-30$23.29M17.03%
2013-03-31$19.90M-25.41%
2012-12-31$26.68M-5.99%
2012-09-30$28.38M16.96%
2012-06-30$24.27M27.11%
2012-03-31$19.09M-5.80%
2011-12-30$20.27M-18.84%
2011-09-30$24.97M23.02%
2011-07-01$20.30M23.93%
2011-04-01$16.38M-12.86%
2010-12-31$18.80M-4.59%
2010-09-24$19.70M3.48%
2010-06-25$19.04M60.00%
2010-03-26$11.90M-9.57%
2009-12-25$13.16M-0.21%
2009-09-25$13.19M6.42%
2009-06-26$12.39M-3.37%
2009-03-27$12.82M-20.75%
2008-12-26$16.18M-26.02%
2008-09-26$21.87M2.94%
2008-06-27$21.25M6.57%
2008-03-28$19.94M-17.96%
2007-12-28$24.30M-

HireQuest generated $8.68M in revenue during Q2 2024, up 3.10% compared to the previous quarter, and up 88.06% compared to the same period a year ago.

HireQuest Revenue Breakdown


HireQuest Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Service$2.07M$1.21M---
Royalty$35.81M$464.00K$21.32M--
Staffing, Owned Locations--$230.67K--
Franchise Royalties---$12.79M$14.67M
Service Revenue---$1.02M$1.20M

HireQuest's latest annual revenue breakdown by segment (product or service), as of Dec 23: Royalty (94.54%), and Service (5.46%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Service$588.00K$1.69M$377.00K$378.00K$429.00K$780.00K$468.00K$471.05K-----------
Royalty$7.83M$26.65M$8.89M$129.00K$139.00K$7.67M$7.43M$7.22M$6.57M$6.07M---------
Staffing, Owned Locations------$1.50M$1.29M$1.10M----------
Hire Quest----------$2.49M$2.44M-------
Hire Quest Direct----------$4.05M$3.01M-------
Snelling------------$140.04K------
HireQuest------------$212.92K------
HireQuest Direct------------$2.91M------
Franchise Royalties-------------$3.23M$3.22M$2.64M$3.71M$5.40M$3.14M
Service Revenue-------------$175.82K$164.07K$261.70K$414.74K$475.75K$241.36K

HireQuest's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Royalty (93.02%), and Service (6.98%).

HireQuest Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MANManpowerGroup$18.91B$4.52B
KELYAKelly Services$4.84B$1.05B
KFYKorn Ferry$2.80B$699.92M
RHIRobert Half$2.58B$1.47B
TBITrueBlue$1.91B$104.42M
KFRCKforce$1.53B$356.32M
HSIIHeidrick & Struggles$1.04B$282.88M
HSONHudson Global$161.34M$35.71M
HQIHireQuest$37.88M$8.68M

HQI Revenue FAQ


HireQuest's yearly revenue for 2023 was $37.88M, representing an increase of 22.39% compared to 2022. The company's yearly revenue for 2022 was $30.95M, representing an increase of 35.99% compared to 2021. HQI's yearly revenue for 2021 was $22.76M, representing an increase of 64.82% compared to 2020.

HireQuest's quarterly revenue for Q2 2024 was $8.68M, a 3.10% increase from the previous quarter (Q1 2024), and a -3.45% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $8.42M, a -13.78% decrease from the previous quarter (Q4 2023), and a -14.59% decrease year-over-year (Q1 2023). HQI's quarterly revenue for Q4 2023 was $9.76M, a 5.32% increase from the previous quarter (Q3 2023), and a 21.31% increase year-over-year (Q4 2022).

HireQuest's revenue growth rate for the last 3 years (2021-2023) was 66.44%, and for the last 5 years (2019-2023) was 138.60%.

HireQuest's revenue streams in c 23 are Service, and Royalty. Service generated $2.07M in revenue, accounting 5.46% of the company's total revenue, up 70.70% year-over-year. Royalty generated $35.81M in revenue, accounting 94.54% of the company's total revenue, up 7618.32% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of HireQuest was Royalty. This segment made a revenue of $35.81M, representing 94.54% of the company's total revenue.