Quarterly ResultMay 1, 2026, 03:42 PM
Robert Half Q1 Service Revenues Down to $1.30B; Net Income $13.79M
AI Summary
Robert Half Inc. reported a decline in its first-quarter 2026 financial results, with service revenues decreasing to $1.30 billion and net income falling to $13.79 million compared to the prior year. Diluted EPS also decreased to $0.14. The company saw reduced cash and cash equivalents and increased net cash used in operating activities. Additionally, a motion for class certification in a significant lawsuit was denied, while another class action awaits liability findings.
Key Highlights
- Service revenues decreased to $1.30 billion in Q1 2026 from $1.35 billion in Q1 2025.
- Net income for Q1 2026 was $13.79 million, down from $17.35 million in Q1 2025.
- Diluted earnings per share fell to $0.14 in Q1 2026 from $0.17 in Q1 2025.
- Cash and cash equivalents decreased to $278.39 million as of March 31, 2026.
- Net cash used in operating activities increased to $112.34 million in Q1 2026.
- Dividends declared per share remained stable at $0.59 for Q1 2026.
- Contract talent solutions revenue decreased to $725.02 million in Q1 2026.
- Protiviti segment revenue decreased to $466.16 million in Q1 2026.
- Motion for class certification in the Dorff lawsuit was denied on April 20, 2026.
Price Impact
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