HireRight (HRT) Revenue & Revenue Breakdown


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HireRight Revenue Highlights


Latest Revenue (Y)

$721.88M

Latest Revenue (Q)

$173.20M

Main Segment (Y)

Service

HireRight Revenue by Period


HireRight Revenue by Year

DateRevenueChange
2023-12-31$721.88M-10.51%
2022-12-31$806.67M10.49%
2021-12-31$730.06M35.14%
2020-12-31$540.22M-16.57%
2019-12-31$647.55M-

HireRight generated $721.88M in revenue during NA 2023, up -10.51% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

HireRight Revenue by Quarter

DateRevenueChange
2024-03-31$173.20M4.31%
2023-12-31$166.04M-11.80%
2023-09-30$188.26M-2.01%
2023-06-30$192.12M9.51%
2023-03-31$175.45M0.05%
2022-12-31$175.36M-16.61%
2022-09-30$210.30M-5.39%
2022-06-30$222.29M11.87%
2022-03-31$198.71M0.09%
2021-12-31$198.53M-3.15%
2021-09-30$204.98M15.82%
2021-06-30$176.98M18.34%
2021-03-31$149.56M-0.36%
2020-12-31$150.10M14.87%
2020-09-30$130.67M-

HireRight generated $173.20M in revenue during Q1 2024, up 4.31% compared to the previous quarter, and up 98.77% compared to the same period a year ago.

HireRight Revenue Breakdown


HireRight Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Service$516.00M$577.80M$541.46M
Surcharge$205.87M$228.87M$188.60M

HireRight's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (71.48%), and Surcharge (28.52%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Surcharge$50.70M$46.83M$52.34M$54.95M$51.75M$48.75M$59.05M$63.87M$57.21M$52.70M$52.65M
Service$122.50M$119.21M$135.92M$137.18M$123.70M$126.61M$151.26M$158.43M$141.50M$145.83M$152.33M

HireRight's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service (70.73%), and Surcharge (29.27%).

HireRight Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 22Jun 22Mar 22Sep 21
Non-US$16.22M$16.93M$15.33M$15.88M
UNITED STATES$194.08M$205.36M$183.38M$189.10M

HireRight's latest quarterly revenue breakdown by geography, as of Sep 22: UNITED STATES (92.29%), and Non-US (7.71%).

HireRight Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MANManpowerGroup$18.91B$-8.92B
KELYAKelly Services$4.84B$1.06B
KFYKorn Ferry$2.80B$681.96M
TBITrueBlue$1.91B$100.04M
KFRCKforce$1.53B$353.32M
BBSIBarrett Business Services$1.07B$294.28M
HSIIHeidrick & Struggles$1.04B$278.56M
HSONHudson Global$161.34M$36.85M

HRT Revenue FAQ


What is HireRight’s yearly revenue?

HireRight's yearly revenue for 2023 was $721.88M, representing a decrease of -10.51% compared to 2022. The company's yearly revenue for 2022 was $806.67M, representing an increase of 10.49% compared to 2021. HRT's yearly revenue for 2021 was $730.06M, representing an increase of 35.14% compared to 2020.

What is HireRight’s quarterly revenue?

HireRight's quarterly revenue for Q1 2024 was $173.2M, a 4.31% increase from the previous quarter (Q4 2023), and a -1.28% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $166.04M, a -11.80% decrease from the previous quarter (Q3 2023), and a -5.31% decrease year-over-year (Q4 2022). HRT's quarterly revenue for Q3 2023 was $188.26M, a -2.01% decrease from the previous quarter (Q2 2023), and a -10.48% decrease year-over-year (Q3 2022).

What is HireRight’s revenue growth rate?

HireRight's revenue growth rate for the last 3 years (2021-2023) was -1.12%, and for the last 5 years (2019-2023) was 11.48%.

What are HireRight’s revenue streams?

HireRight's revenue streams in c 23 are Service, and Surcharge. Service generated $516M in revenue, accounting 71.48% of the company's total revenue, down -10.69% year-over-year. Surcharge generated $205.87M in revenue, accounting 28.52% of the company's total revenue, down -10.05% year-over-year.

What is HireRight’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of HireRight was Service. This segment made a revenue of $516M, representing 71.48% of the company's total revenue.