Quarterly ResultAug 4, 2026, 02:16 PM
Robert Half Q2 Revenue $1.34B, Net Income $26.3M; Operating Loss
AI Summary
Robert Half Inc. reported a significant decline in its second-quarter 2026 financial performance, with service revenues decreasing 2.4% to $1.34 billion and net income falling 35.8% to $26.3 million. The company recorded an operating loss of $62.3 million for the quarter and experienced negative cash flow from operating activities for the first six months of 2026. Additionally, an interim ruling in a class-action lawsuit found the company liable for unpaid wages and penalties, while class certification was denied in another.
Key Highlights
- Q2 2026 service revenues decreased 2.4% to $1.34 billion from $1.37 billion YoY.
- Q2 2026 net income fell 35.8% to $26.3 million from $41.0 million YoY.
- Q2 2026 basic EPS was $0.26, down from $0.41 YoY.
- Q2 2026 operating loss was $62.3 million, compared to $1.5 million operating income YoY.
- Net cash used in operating activities for H1 2026 was $3.6 million, down from $60.0 million provided YoY.
- Common stock repurchases for H1 2026 decreased to $6.7 million from $71.0 million YoY.
- Interim ruling in Gentry lawsuit found company liable for unpaid wages and PAGA penalties.
- Class certification denied in Dorff lawsuit.
Price Impact
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