Robert Half

Robert Half (RHI) Q3 2025 Earnings

Reported Oct 22, 2025 at 4:03 PM ET · SEC Source

Q3 25 EPS

$0.43

MISS 0.28%

Est. $0.43

Q3 25 Revenue

$1.35B

MISS 0.26%

Est. $1.36B

vs S&P Since Q3 25

-1.8%

TRAILING MARKET

RHI +10.5% vs S&P +12.4%

Market Reaction

Did RHI Beat Earnings? Q3 2025 Results

Robert Half delivered a mixed third quarter, matching the Wall Street consensus with earnings of $0.43 per diluted share while revenues of $1.35 billion came in light of estimates and fell 7.5% year-over-year, sending shares lower in after-market tra… Read more Robert Half delivered a mixed third quarter, matching the Wall Street consensus with earnings of $0.43 per diluted share while revenues of $1.35 billion came in light of estimates and fell 7.5% year-over-year, sending shares lower in after-market trading. The broad-based revenue decline reflected persistent softness across all talent solutions segments, with contract talent revenue sliding 10.1% and permanent placement dropping 10.7%, as cautious clients and hesitant job seekers continued to weigh on staffing demand. Even Protiviti, which had previously acted as a cushion, saw revenue dip 2.6% to $498.13 million, while gross margin compressed to 37.2% from 39.0% a year ago. Net income fell sharply to $42.92 million, compared to $65.45 million in Q3 2024, underscoring how much pricing pressure and lower utilization are weighing on profitability. Still, CEO Keith Waddell pointed to a meaningful shift in momentum, noting that contract talent revenues began growing sequentially in September and into October, with Q4 guidance implying a return to same-day constant currency sequential growth for the first time since Q2 2022.

Key Takeaways

  • Client and job seeker caution subdued hiring activity and new project starts
  • Contract talent revenues sustained late Q2 levels for most of Q3 and began to grow sequentially in September and into October
  • Broad-based revenue declines across all talent solutions functional specializations
  • Protiviti revenue turned negative year-over-year after earlier quarters of growth
24/7 Wall St

RHI YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

RHI Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“Client and job seeker caution continued during the quarter, subduing hiring activity and new project starts. That said, we are encouraged by the weekly trends in contract talent revenues, which sustained late second-quarter levels for most of the third quarter and began to grow sequentially in September and into October. Our fourth-quarter revenue guidance, at and above the midpoint, reflects a return to sequential growth on a same-day constant currency basis for the first time since the second quarter of 2022.”

— M. Keith Waddell, Q3 2025 Earnings Press Release