Hirequest Inc (HQI) Quarterly and Annual Segment Results by Country and Region - CSIMarket
CSIMarket
 
Hirequest Inc   (NASDAQ: HQI)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services

Select the Financial Report: Select the Period:


Description of Hirequest Inc's Business Segments


HireQuest Inc. is a staffing solutions company that primarily focuses on providing temporary labor and staffing services to businesses across various sectors. Here’s an extensive overview of the segments, products, and services that HireQuest Inc. offers:

Segments

1. Temporary Staffing:
- This is the core segment of HireQuests business, where they provide short-term labor solutions to companies. This includes filling in gaps during peak seasons, covering for employee absences, and providing additional support for special projects.

2. Direct Hire Services:
- HireQuest also offers direct hire services where they help organizations find permanent employees. This involves sourcing, screening, and presenting candidates to clients, thereby streamlining the recruitment process.

3. On-Site Services:
- In this segment, HireQuest assigns dedicated staffing professionals to client sites to better manage the workforce needs. The on-site teams collaborate closely with clients to optimize staffing levels, ensure compliance with regulations, and enhance overall workforce management.

4. Managed Services Provider (MSP):
- HireQuest provides comprehensive managed services for employers who require a more integrated approach to their staffing needs. This MSP model helps clients manage their contingent workforce more effectively, ensuring high-quality hiring processes and compliance with labor laws.

Products and Services

1. Staffing Solutions:
- HireQuest offers staffing solutions across various industries, including construction, light industrial, commercial, clerical, and transportation. Their ability to provide skilled and unskilled labor caters to a wide array of client requirements.

2. Recruitment and Talent Acquisition:
- HireQuest employs advanced recruitment strategies, including online job postings, community outreach, and networking, to attract a diverse pool of candidates. Their talent acquisition services focus on understanding client needs and delivering tailored hiring solutions.

3. Workforce Management:
- The company provides workforce management services, including scheduling, employee tracking, and compliance monitoring. These services are geared toward helping clients manage their temporary and permanent workforce more efficiently.

4. Payroll Services:
- HireQuest offers comprehensive payroll services for their contracted employees, handling payroll taxes, benefits administration, and compliance with employment laws. This alleviates the administrative burden on their clients, allowing them to focus on core business operations.

5. Safety and Training Programs:
- Commitment to safety is a priority for HireQuest. They offer training programs to ensure that workers are compliant with industry safety standards. This not only protects the workforce but also reduces liability for clients.

6. Employee Benefits and Incentives:
- To attract and retain quality workers, HireQuest may provide benefits such as health insurance, retirement plans, and employee recognition programs. These benefits play a crucial role in improving job satisfaction and reducing turnover.

Diversity and Inclusion Programs:
- HireQuest is committed to fostering a diverse workforce. They implement diversity and inclusion initiatives to ensure equal opportunities for all candidates and help clients build a more inclusive work environment.

8. Market Research and Insights:
- HireQuest also provides market insights and analysis to help clients better understand staffing trends, wage rates, and regulatory changes within their specific industries. This data can inform better decision-making regarding workforce planning.

Conclusion

Through its diverse range of segments, products, and services, HireQuest Inc. positions itself as a versatile and comprehensive staffing solutions provider. The company addresses the varying needs of businesses looking for temporary and permanent staffing, workforce management, and compliance-related support, ultimately helping organizations improve efficiency, reduce HR burdens, and ensure high standards of workforce quality.


Composition of Hirequest Inc Revenues by Segments

 
HireQuest Direct    52.71 % of total Revenue
Snelling and HireQuest    30.83 % of total Revenue
DriverQuest and TradeCorp    2.97 % of total Revenue
HireQuest Health    0.64 % of total Revenue
Northbound MRI and SearchPath    5.76 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
HireQuest Direct 3.44 52.71 %
Snelling and HireQuest 2.01 30.83 %
DriverQuest and TradeCorp 0.19 2.97 %
HireQuest Health 0.04 0.64 %
Northbound MRI and SearchPath 0.38 5.76 %
Total 6.52 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
HireQuest Direct -4.15 % -
Snelling and HireQuest 2.97 % -
DriverQuest and TradeCorp -0.51 % -
HireQuest Health -37.31 % -
Northbound MRI and SearchPath -67.53 % -
Total -12.7 % -78.71 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 1.56 23.92 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total 14.45 % -75.36 %




Annual Report on Hirequest Inc Divisions, Sales by Country

 
HireQuest Direct   HireQuest Direct Segment contribution to total sales 45.61 % of total Revenue
Snelling and HireQuest   Snelling and HireQuest Segment contribution to total sales 28.04 % of total Revenue
DriverQuest and TradeCorp   DriverQuest and TradeCorp Segment contribution to total sales 2.79 % of total Revenue
HireQuest Health   HireQuest Health Segment contribution to total sales 0.7 % of total Revenue
Northbound MRI and SearchPath   Northbound MRI and SearchPath Segment contribution to total sales 17.49 % of total Revenue


Twelve months ended 2025
HQI s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
HireQuest Direct 13.98 45.61 %
Snelling and HireQuest 8.59 28.04 %
DriverQuest and TradeCorp 0.85 2.79 %
HireQuest Health 0.22 0.7 %
Northbound MRI and SearchPath 5.36 17.49 %
Total 30.64 100 %


Twelve months ended 2025
HQI s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 6.33 20.66 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
HireQuest Direct -7.39 % -
Snelling and HireQuest -5.35 % -
DriverQuest and TradeCorp 5.82 % -
HireQuest Health -43.86 % -
Northbound MRI and SearchPath -26.73 % -
Total -11.44 % 72.39 %



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.