Quarterly ResultApr 29, 2026, 04:36 PM
KFRC Q1 Revenue +0.1% to $330.4M; Net Income $7.9M; EPS $0.46
AI Summary
Kforce Inc. reported a slight revenue increase of 0.1% to $330.4 million for Q1 2026, while net income decreased 2.7% to $7.9 million, resulting in diluted EPS of $0.46. The company saw Flex revenue grow by 0.5%, driven by an increase in consultants on assignment, though Direct Hire revenue declined 17.7%. Gross profit margin improved to 27.3%, but SG&A expenses rose due to higher performance-based compensation. Kforce returned $18.6 million to shareholders through buybacks and dividends.
Key Highlights
- Revenue increased 0.1% to $330.4 million for Q1 2026.
- Net income decreased 2.7% to $7.9 million for Q1 2026.
- Diluted earnings per share rose to $0.46 for Q1 2026, up from $0.45.
- Gross profit margin improved by 60 basis points to 27.3% in Q1 2026.
- Technology segment revenue was $306.0 million, a 0.1% decrease year-over-year.
- FA segment revenue was $24.4 million, a 2.8% increase year-over-year.
- Returned $18.6 million to shareholders via $11.8 million in buybacks and $6.8 million in dividends.
- Cash used in operating activities was $4.1 million in Q1 2026.
Price Impact
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