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Companies / Technology / HireQuest, Inc.
HQI

HireQuest, Inc.

TechnologyBusiness Services & Software
Ticker HQIGOOSE CREEK, SCFiscal year ends DecemberBook value per share $4.97Diluted shares 13.8M

HireQuest, Inc. (Nasdaq: HQI) operates as a nationwide franchisor of temporary staffing and permanent placement services, generating revenue primarily through royalty fees from franchisee operations. The company maintains its website at www.hirequest.com and serves as a holding company for multiple wholly-owned… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$30.64M
−11.4% year over year
Last 12 mo $30.15M
20.50%
+7.9 percentage points
Last 12 mo 28.44%
$6.61M
+68.4% year over year
Last 12 mo $8.42M
9.27%
+3.6 percentage points
Last 12 mo 11.85%
Cash & financing
$12.05M
+0.1% year over year
Last 12 mo $9.48M
$11.99M
+0.2% year over year
Last 12 mo $9.26M
0.03
Was 0.14× a year earlier
14.0M
+0.4% year over year
Last 12 mo 13.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What HireQuest, Inc. does

In the company’s own words

HireQuest, Inc. (Nasdaq: HQI) operates as a nationwide franchisor of temporary staffing and permanent placement services, generating revenue primarily through royalty fees from franchisee operations. The company maintains its website at www.hirequest.com and serves as a holding company for multiple wholly-owned subsidiaries that employ temporary workers and provide back-office support to its franchise network.

The company operates under several differentiated brand names including HireQuest Direct, which focuses on daily-work and light industrial positions; Snelling, which emphasizes longer-term staffing placements; DriverQuest, specializing in commercial and non-CDL drivers; HireQuest Health, serving healthcare and dental sectors; and executive recruitment brands including Northbound Executive Search, Management Recruiters International, and Sales Consultants. System-wide sales across all franchisee and company-operated offices reached $500.2 million in 2025, with the company generating $30.6 million in revenue from royalties, license fees, and interest charges.

As of December 31, 2025, HireQuest operated 413 franchisee-owned offices and one company-owned office across 43 states, the District of Columbia, and 14 countries outside the United States. The company employed approximately 75,000 temporary employees and contracted with 85 independent contractors, generating approximately 1.1 million paychecks annually. Its corporate headquarters employed 88 full-time employees providing back-office support including financing, insurance, accounting, operations, national sales, information technology, legal, and human resources services.

HireQuest's competitive advantages center on its franchise model, which emphasizes local ownership and responsiveness, direct dispatch capabilities from office locations, and proprietary tools and processes. The company owns key trademarks and operates proprietary software called HQ WebConnect for dispatch, payroll, invoicing, and accounts receivable management. Recent strategic initiatives included the December 2023 acquisition of TEC Staffing Services locations in Arkansas and the December 2024 acquisition of Ready Temporary Services in Denver, followed by a January 2026 divestiture of MRINetwork operations to external partners while retaining a 40 percent ownership stake.

Company details
Sector
Technology
Industry
Business Services & Software
Headquarters
GOOSE CREEK, SC
Fiscal year end
December
CIK
1140102
SIC
7363

Financial performance, year by year

Fiscal 2014–2025 · USD
$-10.13M$19.38M$48.89M$78.40M$107.91M2014201520162017201820182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns HireQuest, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

87
funds hold it
0 of 35
superinvestors hold it
$8.22M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · HireQuest, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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