HireQuest (HQI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

HireQuest Revenue Highlights

Latest Revenue (Y)

$34.60M

Latest Revenue (Q)

$7.47M

Main Segment (Y)

Royalty

HireQuest Revenue by Period

HireQuest Revenue by Year

Date	Revenue	Change
2024-12-31	$34.60M	-8.67%
2023-12-31	$37.88M	22.39%
2022-12-31	$30.95M	35.99%
2021-12-31	$22.76M	64.82%
2020-12-31	$13.81M	-13.02%
2019-12-31	$15.88M	-83.70%
2018-12-28	$97.39M	-0.70%
2017-12-29	$98.07M	5.16%
2016-12-30	$93.26M	5.38%
2015-12-25	$88.50M	-3.64%
2014-12-26	$91.84M	-2.04%
2013-12-27	$93.75M	-4.76%
2012-12-28	$98.43M	20.15%
2011-12-30	$81.92M	17.98%
2010-12-31	$69.44M	34.67%
2009-12-25	$51.56M	-34.93%
2008-12-26	$79.23M	-19.74%
2007-12-28	$98.72M	38.52%
2006-12-31	$71.27M	19048.18%
2005-12-31	$372.21K	-10.33%
2004-12-31	$415.08K	-6.63%
2003-12-31	$444.56K	56.19%
2002-12-31	$284.62K	240.61%
2001-12-31	$83.56K	-

HireQuest generated $34.60M in revenue during NA 2024, up -8.67% compared to the previous quarter, and up 217.92% compared to the same period a year ago.

HireQuest Revenue by Quarter

Date	Revenue	Change
2025-03-31	$7.47M	-7.56%
2024-12-31	$8.08M	-14.16%
2024-09-30	$9.42M	8.48%
2024-06-30	$8.68M	3.10%
2024-03-31	$8.42M	-13.78%
2023-12-31	$9.76M	5.32%
2023-09-30	$9.27M	3.13%
2023-06-30	$8.99M	-8.80%
2023-03-31	$9.86M	22.46%
2022-12-31	$8.05M	-14.02%
2022-09-30	$9.36M	17.01%
2022-06-30	$8.00M	-1.78%
2022-03-31	$8.14M	20.33%
2021-12-31	$6.77M	-1.63%
2021-09-30	$6.88M	20.59%
2021-06-30	$5.71M	67.69%
2021-03-31	$3.40M	-0.07%
2020-12-31	$3.41M	0.67%
2020-09-30	$3.38M	16.60%
2020-06-30	$2.90M	-29.59%
2020-03-31	$4.12M	-28.75%
2019-12-31	$5.78M	71.04%
2019-09-29	$3.38M	-86.39%
2019-06-28	$24.84M	14.17%
2019-03-29	$21.75M	-10.97%
2018-12-28	$24.44M	-7.12%
2018-09-28	$26.31M	8.82%
2018-06-29	$24.18M	7.60%
2018-03-30	$22.47M	-8.36%
2017-12-29	$24.52M	-8.19%
2017-09-29	$26.70M	8.98%
2017-06-30	$24.50M	9.64%
2017-03-31	$22.35M	-14.33%
2016-12-30	$26.09M	-1.31%
2016-09-23	$26.43M	21.95%
2016-06-24	$21.68M	13.69%
2016-03-25	$19.07M	-12.78%
2015-12-31	$21.86M	-12.05%
2015-09-30	$24.86M	9.00%
2015-06-30	$22.80M	20.16%
2015-03-31	$18.98M	-20.99%
2014-12-26	$24.02M	-13.28%
2014-09-26	$27.70M	27.87%
2014-06-27	$21.66M	17.36%
2014-03-28	$18.46M	-25.08%
2013-12-31	$24.64M	-4.91%
2013-09-30	$25.91M	11.23%
2013-06-30	$23.29M	17.03%
2013-03-31	$19.90M	-25.41%
2012-12-31	$26.68M	-5.99%
2012-09-30	$28.38M	16.96%
2012-06-30	$24.27M	27.11%
2012-03-31	$19.09M	-5.80%
2011-12-30	$20.27M	-18.84%
2011-09-30	$24.97M	23.02%
2011-07-01	$20.30M	23.93%
2011-04-01	$16.38M	-12.86%
2010-12-31	$18.80M	-4.59%
2010-09-24	$19.70M	3.48%
2010-06-25	$19.04M	60.00%
2010-03-26	$11.90M	-9.57%
2009-12-25	$13.16M	-0.21%
2009-09-25	$13.19M	6.42%
2009-06-26	$12.39M	-3.37%
2009-03-27	$12.82M	-20.75%
2008-12-26	$16.18M	-26.02%
2008-09-26	$21.87M	2.94%
2008-06-27	$21.25M	6.57%
2008-03-28	$19.94M	-17.96%
2007-12-28	$24.30M	-

HireQuest generated $7.47M in revenue during Q1 2025, up -7.56% compared to the previous quarter, and up 76.53% compared to the same period a year ago.

HireQuest Revenue Breakdown

HireQuest Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Royalty	$32.67M	$35.81M	$464.00K	$21.32M	-
Service	$1.93M	$2.07M	$1.21M	-	-
Staffing, Owned Locations	-	-	-	$230.67K	-
Franchise Royalties	-	-	-	-	$12.79M
Service Revenue	-	-	-	-	$1.02M

HireQuest's latest annual revenue breakdown by segment (product or service), as of Dec 24: Royalty (94.44%), and Service (5.56%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Royalty	$7.28M	$6.96M	$15.85M	$8.99M	$7.83M	$26.65M	$8.89M	$129.00K	$139.00K	$7.67M	$7.43M	$7.22M	$6.57M	$6.07M	-	-	-	-	-	-
Service	$354.00K	$512.00K	$909.00K	$428.00K	$588.00K	$1.69M	$377.00K	$378.00K	$429.00K	$780.00K	$468.00K	$471.05K	-	-	-	-	-	-	-	-
Staffing, Owned Locations	-	-	-	-	-	-	-	-	-	-	$1.50M	$1.29M	$1.10M	-	-	-	-	-	-	-
Hire Quest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.49M	$2.44M	-	-	-	-
Hire Quest Direct	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.05M	$3.01M	-	-	-	-
HireQuest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$212.92K	-	-	-
Snelling	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$140.04K	-	-	-
HireQuest Direct	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.91M	-	-	-
Service Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$175.82K	$164.07K	$261.70K
Franchise Royalties	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.23M	$3.22M	$2.64M

HireQuest's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Royalty (95.37%), and Service (4.63%).

HireQuest Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MVST	Microvast	$379.80M	$91.34M
ULBI	Ultralife	$164.46M	$50.75M
GIFI	Gulf Island Fabrication	$159.20M	$37.54M
DHX	DHI Group	$141.93M	$32.30M
HQI	HireQuest	$34.60M	$7.47M
SNT	Senstar	$32.79M	$7.51M
SUGP	SU Group Limited Ordinary Shares	$20.90M	$45.92M
HUHU	HUHUTECH Group Inc. Ordinary Shares	$18.15M	$1.23M
MATH	Metalpha Technology	$16.76M	-

HQI Revenue FAQ

What is HireQuest’s yearly revenue?

HireQuest's yearly revenue for 2024 was $34.6M, representing a decrease of -8.67% compared to 2023. The company's yearly revenue for 2023 was $37.88M, representing an increase of 22.39% compared to 2022. HQI's yearly revenue for 2022 was $30.95M, representing an increase of 35.99% compared to 2021.

What is HireQuest’s quarterly revenue?

HireQuest's quarterly revenue for Q1 2025 was $7.47M, a -7.56% decrease from the previous quarter (Q4 2024), and a -11.25% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $8.08M, a -14.16% decrease from the previous quarter (Q3 2024), and a -17.22% decrease year-over-year (Q4 2023). HQI's quarterly revenue for Q3 2024 was $9.42M, a 8.48% increase from the previous quarter (Q2 2024), and a 1.56% increase year-over-year (Q3 2023).

What is HireQuest’s revenue growth rate?

HireQuest's revenue growth rate for the last 3 years (2022-2024) was 11.78%, and for the last 5 years (2020-2024) was 150.54%.

What are HireQuest’s revenue streams?

HireQuest's revenue streams in c 24 are Royalty, and Service. Royalty generated $32.67M in revenue, accounting 94.44% of the company's total revenue, down -8.77% year-over-year. Service generated $1.92M in revenue, accounting 5.56% of the company's total revenue, down -6.96% year-over-year.

What is HireQuest’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of HireQuest was Royalty. This segment made a revenue of $32.67M, representing 94.44% of the company's total revenue.