HireQuest (HQI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

HireQuest Revenue Highlights

Latest Revenue (Y)

$37.88M

Latest Revenue (Q)

$9.42M

Main Segment (Y)

Royalty

HireQuest Revenue by Period

HireQuest Revenue by Year

Date	Revenue	Change
2023-12-31	$37.88M	22.39%
2022-12-31	$30.95M	35.99%
2021-12-31	$22.76M	64.82%
2020-12-31	$13.81M	-13.02%
2019-12-31	$15.88M	-83.70%
2018-12-28	$97.39M	-0.70%
2017-12-29	$98.07M	5.16%
2016-12-30	$93.26M	5.38%
2015-12-25	$88.50M	-3.64%
2014-12-26	$91.84M	-2.04%
2013-12-27	$93.75M	-4.76%
2012-12-28	$98.43M	20.15%
2011-12-30	$81.92M	17.98%
2010-12-31	$69.44M	34.67%
2009-12-25	$51.56M	-34.93%
2008-12-26	$79.23M	-19.74%
2007-12-28	$98.72M	38.52%
2006-12-31	$71.27M	19048.18%
2005-12-31	$372.21K	-10.33%
2004-12-31	$415.08K	-6.63%
2003-12-31	$444.56K	56.19%
2002-12-31	$284.62K	240.61%
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

Date	Revenue	Change
2024-09-30	$9.42M	8.48%
2024-06-30	$8.68M	3.10%
2024-03-31	$8.42M	-13.78%
2023-12-31	$9.76M	5.32%
2023-09-30	$9.27M	3.13%
2023-06-30	$8.99M	-8.80%
2023-03-31	$9.86M	22.46%
2022-12-31	$8.05M	-14.02%
2022-09-30	$9.36M	17.01%
2022-06-30	$8.00M	-1.78%
2022-03-31	$8.14M	20.33%
2021-12-31	$6.77M	-1.63%
2021-09-30	$6.88M	20.59%
2021-06-30	$5.71M	67.69%
2021-03-31	$3.40M	-0.07%
2020-12-31	$3.41M	0.67%
2020-09-30	$3.38M	16.60%
2020-06-30	$2.90M	-29.59%
2020-03-31	$4.12M	-28.75%
2019-12-31	$5.78M	71.04%
2019-09-29	$3.38M	-86.39%
2019-06-28	$24.84M	14.17%
2019-03-29	$21.75M	-10.97%
2018-12-28	$24.44M	-7.12%
2018-09-28	$26.31M	8.82%
2018-06-29	$24.18M	7.60%
2018-03-30	$22.47M	-8.36%
2017-12-29	$24.52M	-8.19%
2017-09-29	$26.70M	8.98%
2017-06-30	$24.50M	9.64%
2017-03-31	$22.35M	-14.33%
2016-12-30	$26.09M	-1.31%
2016-09-23	$26.43M	21.95%
2016-06-24	$21.68M	13.69%
2016-03-25	$19.07M	-12.78%
2015-12-31	$21.86M	-12.05%
2015-09-30	$24.86M	9.00%
2015-06-30	$22.80M	20.16%
2015-03-31	$18.98M	-20.99%
2014-12-26	$24.02M	-13.28%
2014-09-26	$27.70M	27.87%
2014-06-27	$21.66M	17.36%
2014-03-28	$18.46M	-25.08%
2013-12-31	$24.64M	-4.91%
2013-09-30	$25.91M	11.23%
2013-06-30	$23.29M	17.03%
2013-03-31	$19.90M	-25.41%
2012-12-31	$26.68M	-5.99%
2012-09-30	$28.38M	16.96%
2012-06-30	$24.27M	27.11%
2012-03-31	$19.09M	-5.80%
2011-12-30	$20.27M	-18.84%
2011-09-30	$24.97M	23.02%
2011-07-01	$20.30M	23.93%
2011-04-01	$16.38M	-12.86%
2010-12-31	$18.80M	-4.59%
2010-09-24	$19.70M	3.48%
2010-06-25	$19.04M	60.00%
2010-03-26	$11.90M	-9.57%
2009-12-25	$13.16M	-0.21%
2009-09-25	$13.19M	6.42%
2009-06-26	$12.39M	-3.37%
2009-03-27	$12.82M	-20.75%
2008-12-26	$16.18M	-26.02%
2008-09-26	$21.87M	2.94%
2008-06-27	$21.25M	6.57%
2008-03-28	$19.94M	-17.96%
2007-12-28	$24.30M	-

HireQuest generated $9.42M in revenue during Q3 2024, up 8.48% compared to the previous quarter, and up 104.74% compared to the same period a year ago.

HireQuest Revenue Breakdown

HireQuest Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Service	$428.00K	$588.00K	$1.69M	$377.00K	$378.00K	$429.00K	$780.00K	$468.00K	$471.05K	-	-	-	-	-	-	-	-	-	-	-
Royalty	$8.99M	$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 Sep 24: Royalty (95.45%), and Service (4.55%).

HireQuest Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MAN	ManpowerGroup	$18.91B	$-8.92B
KELYA	Kelly Services	$4.84B	$1.06B
KFY	Korn Ferry	$2.80B	$682.76M
RHI	Robert Half	$2.58B	$1.47B
TBI	TrueBlue	$1.91B	$100.04M
KFRC	Kforce	$1.53B	$353.32M
HSII	Heidrick & Struggles	$1.04B	$278.56M
HSON	Hudson Global	$161.34M	$36.85M
HQI	HireQuest	$37.88M	$9.42M

HQI Revenue FAQ

What is HireQuest’s yearly revenue?

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.

What is HireQuest’s quarterly revenue?

HireQuest's quarterly revenue for Q3 2024 was $9.42M, a 8.48% increase from the previous quarter (Q2 2024), and a 1.56% increase year-over-year (Q3 2023). The company'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). HQI'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).

What is HireQuest’s revenue growth rate?

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%.

What are HireQuest’s revenue streams?

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.

What is HireQuest’s main source of revenue?

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.