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HireQuest, Inc. is a U.S. business entity operating within the Help Supply Services sector (SIC 7363). Publicly traded on the Nasdaq under the ticker symbol HQI, the company is actively registered in the United States. Based on SEC EDGAR filings, HQI reported fiscal year 2024 revenue of $32.7M, reflecting a year-over-year decline of 8.8%. Our proprietary Semantic Risk Score of 14 indicates high transparency and low reporting risk, derived from the frequency and consistency of 10-K, 10-Q, and 8-K filing patterns.
Filing data sourced from SEC EDGAR signals. 10-K = annual report · 10-Q = quarterly · 8-K = material event.
Financial Performance
Revenue -8.8% YoY
Financial Insights
FY2024 · derived from SEC EDGAR XBRL filings
HireQuest, Inc. — what the latest 10-K shows
HireQuest, Inc. (HQI) reported revenue of $32.7M for fiscal year 2024, down 8.8% from $35.8M in FY2023.
Across 4 fiscal years, HQI revenue compounded at a 26.4% annual rate (CAGR), expanding from $12.8M in FY2020 to $32.7M in FY2024.
Net income reached $3.7M in FY2024, equivalent to a 11.2% net margin on revenue of $32.7M.
Year-over-year net income fell by 40.1% (FY2023: $6.1M → FY2024: $3.7M).
Operating income of $4.4M in FY2024 translated into an operating margin of 13.4%, a key efficiency benchmark before interest and taxes.
Total assets shrank by 9.5% year over year, ending FY2024 at $94.0M on the consolidated balance sheet.
Debt-to-equity stood at 0.45 at the close of FY2024 (total liabilities $29.2M, stockholders' equity $64.8M), pointing to a conservative capital structure.
Current ratio of 2.04 at FY2024 year-end (current assets $49.2M vs. current liabilities $24.1M) reflects comfortable short-term liquidity.
HQI reported a workforce of 65,000 employees in FY2024, equivalent to $503 of revenue per employee.
HireQuest, Inc. operates in the Help Supply Services sector and discloses these figures via SEC EDGAR XBRL filings, which are the audited numerical filings the SEC has required since 2009.
Numbers parsed from us-gaap XBRL tags in the company's most recent annual report.View source on SEC EDGAR →
Current RatioCurrent assets / current liabilities. Above 1.0 = solvent.
2.04
1.53
▲ Outperform
Revenue per EmployeeOperational efficiency — revenue generated per headcount
$503
—
—
Source: SEC EDGAR XBRL filings (10-K annual reports). Industry benchmarks derived from 19 companies in SIC 7363.
Disclaimer: All financial data is sourced from raw SEC EDGAR filings. Sprytne.com provides automated data visualization and algorithmic analysis for informational purposes only. This is NOT financial advice, a recommendation to buy/sell, or a guarantee of accuracy. Always verify data via official SEC sources before making investment decisions.
Government Funding
Federal Contracts
Top 1 Awards$4K
Department of the Treasury
4 HIREQUEST CAREER FAIR EXHIBIT BOOTHS
$4K
Source: USAspending.gov (Official Federal Award Data). Reflects prime contracts only. Last sync: 2026-03-30.
Yes. HireQuest, Inc. (SEC CIK 0001140102, ticker HQI) is registered with the U.S. Securities and Exchange Commission and files periodic reports such as 10-K (annual) and 10-Q (quarterly). All filings are publicly available via SEC EDGAR.
What industry is HireQuest, Inc. in?+
HireQuest, Inc. operates in the Help Supply Services sector (SIC 7363, NAICS 561320). The corresponding NAICS classification is "Services-Help Supply Services". Sprytne tracks 21 peers in this sector.
How much revenue did HireQuest, Inc. generate in 2024?+
HireQuest, Inc. (HQI) reported total revenue of $32.7M for fiscal year 2024, according to SEC EDGAR 10-K filings.
What is the profit margin of HQI?+
HireQuest, Inc. reported a net profit margin of 11.2% for fiscal year 2024. The industry average net margin for Help Supply Services (SIC 7363) is -8.34%.
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Methodology & compliance note
Data is aggregated from SEC EDGAR and Secretary of State public records. Any analytics such as "market share" are statistical estimates (proxy models) and are not official audits, valuations, or investment advice. Sprytne.com is an independent data aggregator and is not affiliated with any government agency.Learn more →
Data synchronized via offline indexes + SEC/SOS signals.
What is the operating margin of HQI?+
HireQuest, Inc. achieved an operating margin of 13.4%, compared to the sector average of -7.85%. This metric reflects the company's operational efficiency before interest and taxes.
Is HireQuest, Inc. growing faster than its competitors?+
HireQuest, Inc.'s revenue declined by 8.8% year-over-year (FY2023 to FY2024), from $35.8M to $32.7M. The company operates in the Help Supply Services sector with 21 tracked peers.
What is the debt-to-equity ratio of HQI?+
HireQuest, Inc. has a debt-to-equity ratio of 0.45, indicating conservative leverage. The sector average is 3.88. This ratio is calculated from audited 10-K filings as total liabilities divided by stockholders' equity.
How did HireQuest, Inc.'s revenue change from FY2023 to FY2024?+
Revenue declined 8.8% year over year, moving from $35.8M in FY2023 to $32.7M in FY2024, according to the company's HQI 10-K filings on SEC EDGAR.
What was HireQuest, Inc.'s net income in fiscal year 2024?+
HireQuest, Inc. earned $3.7M in FY2024, translating to a 11.2% net margin against $32.7M of revenue. Source: 10-K filing on SEC EDGAR.
What is HireQuest, Inc.'s leverage profile?+
HireQuest, Inc.'s most recent 10-K shows total liabilities of $29.2M against stockholders' equity of $64.8M at FY2024 year-end — a debt-to-equity ratio of 0.45, indicating a conservative capital structure.
HireQuest, Inc. — $33M Revenue (2024) · SEC Filings & Company Profile | Sprytne.com