HireQuest’s Q4 2025 revenues declined 13.0% year-over-year to $7.0 million, driven by lower franchise royalties of $6.6 million and service revenue of $0.4 million. Net income fell to $1.6 million ($0.11/share) from $2.2 million a year earlier, while adjusted EBITDA decreased to $3.4 million. For full year 2025, total revenue dropped 11.4% to $30.6 million, but net income rose to $6.3 million ($0.45/share) and adjusted net income held steady at $10.0 million ($0.71/share).

In Q4, HireQuest transferred majority ownership of MRINetwork’s permanent placement business to a leadership group of current and former franchisees, retaining the contract staffing segment. This realignment aims to leverage experienced operators to drive growth and integrate staffing solutions across the broader franchise network.

As of December 31, 2025, HireQuest had eliminated all debt, held $3.9 million in cash and $40.3 million in available credit. The Board authorized a $20 million share repurchase program and paid a $0.06 quarterly dividend, underscoring confidence in the company’s long-term strategy and commitment to shareholder returns.