| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 29.69 | 8.1% |
| Total Income | 29.69 | 8.1% |
| Expenditure | 26.63 | 35.3% |
| PBT | 2.49 | 126.3% |
| Net Profit | 1.53 | 116.4% |
| OPM | 10.32% | 37.81pp |
| NPM | 5.16% | 34.11pp |
| EPS | 0.04 | 119.0% |
DHI Group Reports Q1 2026: Revenue $29.7M, Net Income $1.5M
06 May 2026 · 6 May, 1:53 am
Summary
DHI Group reported a decrease in total revenue to $29.7 million for Q1 2026, down 8% year-over-year. However, net income improved significantly to $1.5 million, compared to a net loss of $9.8 million in the same quarter last year. Adjusted EBITDA also increased by 17% to $8.1 million. The company reaffirmed its fiscal year 2026 Adjusted EBITDA margin guidance of 25% for DHI, with ClearanceJobs at 40% and Dice at 22%.
Key Highlights
- 1
DHI Group's total revenue was $29.7 million, a decrease of 8% compared to the first quarter of 2025.
- 2
ClearanceJobs revenue increased by 5% to $14.0 million.
- 3
Dice revenue decreased by 17% to $15.7 million.
- 4
Net income was $1.5 million, or $0.04 per diluted share, compared to a net loss of $9.8 million, or $0.21 per diluted share, in the prior year.
- 5
Adjusted EBITDA increased by 17% to $8.1 million, with an Adjusted EBITDA Margin of 27%.
- 6
Cash flow from operations was $8.4 million, compared to $2.2 million in the prior year.
- 7
The Company repurchased 2.0 million shares for $4.7 million during the quarter.
Management Comments
Art Zeile
"We are executing well against our strategy, with strong momentum in ClearanceJobs and encouraging progress across our strategic initiatives. ClearanceJobs continues to benefit from improving demand trends 1 and a more favorable government spending environment, positioning us for the next phase of growth. Our recent acquisitions, Point Solutions Group and AgileATS, are performing ahead of expectations and expanding the scope of the ClearanceJobs platform as our primary growth engine." "At the same time, we are seeing signs of stabilization in the broader tech hiring market, along with increasing demand for AI-related skills, which plays directly to Dice’s strengths. Across both platforms, our focus on highly skilled technology professionals, combined with ongoing product innovation and a highly recurring revenue model, positions us to drive sustainable, profitable growth and generate meaningful shareholder value through strong free cash flow."
Greg Schippers
"We delivered strong profitability and cash flow performance in the quarter, expanding Adjusted EBITDA margin by 500 basis points to 27% and generating $6.8 million of free cash flow, a significant increase from the prior year. This reflects disciplined cost management, improved operating leverage, and the strength of our highly recurring revenue model." "While top-line performance was impacted by continued softness in Dice, the business drove meaningful margin expansion, and ClearanceJobs continues to deliver durable growth and industry-leading profitability. Importantly, we are converting earnings into cash at a higher rate, strengthening our financial flexibility." "Given our confidence in the business and cash flow outlook, we implemented a $10 million share repurchase plan during the quarter and returned $3.8 million to shareholders through the plan, while maintaining a consistent leverage position. We remain focused on driving further margin expansion, cash generation, and disciplined capital allocation."
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