Companies /Industrials

Robert Half Inc

NYSE: RHI Staffing & Employment Services
$45.74
â–² $0.77 (+1.72%) today
Markets open · 11:38am ET

Q2 2025 Earnings

Reported Jul 23, 2025, 4:03pm ET · SEC source
$0.41
Beat +1.69%
EPS · est. $0.40
$1.4B
Beat +1.18%
Revenue · est. $1.4B
−6.4%
Trailing market
RHI vs S&P since report
3 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Jul 23Jul 24report 4:03pm ETearnings+0.1%−6.1%
−6%−3%0Jul 23Jul 24earnings+0.1%−6.1%
RHI −6.1%S&P 500 +0.1%
−6%−3%0Jul 23Jul 24report 4:03pm ETearnings+0.3%−6.1%
−6%−3%0Jul 23Jul 24earnings+0.3%−6.1%
RHI −6.1%NASDAQ +0.3%
−10%−5%0+5%Jul 22Jul 31report 4:03pm ETearnings−0.5%−10.1%
−10%−5%0+5%Jul 22Jul 31earnings−0.5%−10.1%
RHI −10.1%S&P 500 −0.5%
−10%−5%0+5%Jul 22Jul 31report 4:03pm ETearnings−0.3%−10.1%
−10%−5%0+5%Jul 22Jul 31earnings−0.3%−10.1%
RHI −10.1%NASDAQ −0.3%
−6.04%
Day of report
−0.08%
Next session
−7.35%
One week
−5.12%
30 days

S&P 500 over the same 30 days: +1.27%.

Did RHI Beat Earnings? Q2 2025 Results

Robert Half posted a narrow earnings beat in Q2 2025, with diluted EPS of $0.41 edging past the $0.40 consensus estimate by 2.5%, but the underlying results painted a sobering picture of a staffing industry under sustained pressure. Revenue fell 7% year-over-year to $1.37 billion, as prolonged client and job seeker caution extended decision cycles and suppressed hiring activity throughout the quarter, squeezing operating income to just $1.54 million compared to $75.54 million a year ago. Net income dropped nearly 40% to $40.97 million, underscoring how sharply margins have compressed even as the company held the cost line. The one meaningful bright spot was consulting subsidiary Protiviti, which grew revenue 1.8% to $495.22 million, the only segment to post year-over-year gains. Looking ahead, management noted that revenue stabilized at lower levels in June and that pattern carried into July, with elevated global uncertainty continuing to weigh on client activity, though the company expressed confidence in its positioning for when conditions eventually improve.

Key Takeaways
  • Elevated global economic uncertainty extending client and job seeker caution
  • Elongated decision cycles subduing hiring activity and new project starts
  • Revenue levels fell modestly during first two months then stabilized at lower levels in June
  • Protiviti was the only segment to post year-over-year revenue growth at 1.8%
  • Technology staffing showed relative resilience with 0.3% YoY growth

“For the second quarter of 2025, global enterprise revenues were $1.370 billion, down 7 percent from last year's second quarter both on a reported basis and on an adjusted basis. Elevated global economic uncertainty persisted throughout the quarter, extending client and job seeker caution, elongating decision cycles, and subduing hiring activity and new project starts. Revenue levels fell modestly during the first two months of the quarter, then stabilized at lower levels in June, which continued post-quarter into July.”

Robert Half CEO, on the earnings call

Forward Guidance & Outlook

Revenue levels fell modestly during the first two months of Q2, then stabilized at lower levels in June, a pattern that continued post-quarter into July. Elevated global economic uncertainty continues to extend client and job seeker caution, elongate decision cycles, and subdue hiring activity and new project starts. The company positions itself as well-prepared to capitalize on emerging opportunities when conditions improve.

RHI YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$500.0M$1.0B$1.5B$1.5B$1.4BRevenue$563.9M$509.5MGross Profit$75.5M$1.5MOperating Income$68.2M$41.0MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

RHI Revenue by Segment

Contract Talent Solutions$759.8M−11.1%
Finance and Accounting (Contract)$555.6M−10.8%
Protiviti$495.2M+1.8%
Administrative and Customer Support (Contract)$165.6M−13.0%
Technology (Contract)$158.4M+0.3%
Permanent Placement Talent Solutions$114.7M−12.5%

Figures from SEC filings and company reports. Not investment advice.