| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 31.34 | 5.6% | 2.1% |
| Total Income | 31.34 | 5.6% | 2.1% |
| Expenditure | 27.53 | 3.4% | 17.3% |
| PBT | 3.11 | 24.9% | 262.0% |
| Net Profit | 2.60 | 69.9% | 409.5% |
| OPM | 12.16% | 1.84pp | 16.11pp |
| NPM | 8.29% | 3.13pp | 10.91pp |
| EPS | 0.06 | 50.0% | 400.0% |
DHI Group Reports Q2 2026 Results with 14% ClearanceJobs Revenue Growth
06 Aug 2026 · 6 Aug, 1:48 am
Summary
DHI Group reported second quarter 2026 results with total revenue at $31.3 million, down 2% year-over-year. The company saw strong performance in its ClearanceJobs segment, with revenue up 14% and bookings up 24%, while Dice revenue declined 14%. Net income turned positive at $2.6 million, or $0.06 per share, compared to a net loss in the prior year, and Adjusted EBITDA was $8.3 million with a 27% margin. Management highlighted the execution of their strategy and the resilience of their business model, expressing confidence in long-term shareholder value creation.
Key Highlights
- 1
Total revenue for the second quarter of 2026 was $31.3 million, a decrease of 2% compared to the second quarter of 2025.
- 2
ClearanceJobs revenue increased by 14% year-over-year to $15.6 million, while Dice revenue decreased by 14% to $15.8 million.
- 3
Total bookings were $27.7 million, up 2% year-over-year, driven by a 24% increase in ClearanceJobs bookings to $14.3 million.
- 4
Net income for the quarter was $2.6 million, or $0.06 per diluted share, with a net income margin of 8%, a significant improvement from a net loss of $0.8 million in the prior year.
- 5
Adjusted EBITDA decreased slightly by 2% to $8.3 million, maintaining a strong Adjusted EBITDA Margin of 27%.
- 6
Cash flow from operations was $6.1 million, and the company generated free cash flow of $4.5 million for the quarter.
Management Comments
Art Zeile
Our second quarter results demonstrate that we are executing against the strategy we outlined at the beginning of the year. ClearanceJobs is performing exceptionally well, with bookings increasing 24% year over year, supported by improving demand from both traditional defense contractors and a growing number of commercial companies pursuing government work for the first time. At the same time, Point Solutions Group also exceeded our expectations, further expanding the strategic value of the ClearanceJobs platform. While the broader technology hiring market remains in the early stages of recovery, we see encouraging signs of improvement. Demand for AI talent is accelerating, and today approximately three-quarters of new technology job postings require AI-related skills. This reinforces our belief that AI is increasing demand for highly skilled technology professionals rather than replacing them, positioning Dice well as hiring activity begins to recover. Together with our recurring revenue model, product innovation and disciplined execution, we believe DHI is well positioned to create long-term shareholder value.
Greg Schippers
Our second quarter financial results reflect the resilience of our business model. Despite headwinds in Dice revenue, we generated Adjusted EBITDA of $8.3 million with a 27% margin while delivering nearly $4.5 million of free cash flow during the quarter. ClearanceJobs again produced exceptional profitability, while Dice maintained strong margins as we balance investments with disciplined expense management. Our strong cash generation continues to provide meaningful financial flexibility. During the quarter, we repurchased approximately 650,000 shares under our share repurchase program while at the same time investing in strategic growth initiatives and maintaining a healthy balance sheet. We remain committed to disciplined capital allocation and are reaffirming our revenue and consolidated Adjusted EBITDA margin guidance for the full year, while increasing our full-year Adjusted EBITDA margin outlook for Dice to 24%, as we continue executing our long-term strategy.
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