Kforce reported second-quarter 2026 results with revenue of $349.3 million and diluted EPS of $0.73, up 23.7% year over year. Gross profit was $99.5 million, yielding a 28.5% gross margin, and operating income was $18.8 million for the quarter. The company reiterated sequential and year-over-year revenue improvement in its guidance for Q3 2026.
Financial Highlights
- Revenue: $349.3 million for the quarter ended June 30, 2026.
- Gross profit: $99.5 million; gross profit margin: 28.5% (up 140 basis points year over year).
- Operating income (Income from operations): $18.8 million for the quarter ended June 30, 2026.
- Net income: $12.3 million for the quarter ended June 30, 2026.
- Diluted earnings per share: $0.73 for the quarter ended June 30, 2026.
Business Highlights
- Total firm flex revenue was $341.8 million with hours of 3.926 million in Q2 2026; flex gross profit margin improved to 26.9%.
- Technology segment revenue grew to $323.9 million with a technology gross profit margin of 27.6%; Technology Flex revenue increased sequentially and year over year.
- Finance & Accounting revenue increased to $25.5 million, with a segment gross profit margin of 39.3% and Flex GP% improving to 29.1%.
- Direct hire placements increased to 309 in Q2 2026, with direct hire revenue of $7.5 million and average placement fee rising to $24,278.
- Board approved a Q3 cash dividend of $0.40 per share; the company returned $9.6 million to shareholders in Q2 via share repurchases and dividends.
Original SEC Filing:
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