Companies /Industrials

Robert Half Inc

NYSE: RHI Staffing & Employment Services
$45.39
â–² $0.42 (+0.94%) today
Markets open · 1:35pm ET

Q3 2025 Earnings

Reported Oct 22, 2025, 4:03pm ET · SEC source
$0.43
Miss −0.28%
EPS · est. $0.43
$1.4B
Miss −0.26%
Revenue · est. $1.4B
−6.2%
Trailing market
RHI vs S&P since report
3 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0Oct 22Oct 23report 4:03pm ETearnings+0.6%−1.9%
−8%−4%0Oct 22Oct 23earnings+0.6%−1.9%
RHI −1.9%S&P 500 +0.6%
−8%−4%0Oct 22Oct 23report 4:03pm ETearnings+1.0%−1.9%
−8%−4%0Oct 22Oct 23earnings+1.0%−1.9%
RHI −1.9%NASDAQ +1.0%
−10%−5%0+5%Oct 21Oct 30report 4:03pm ETearnings+2.4%−10.1%
−10%−5%0+5%Oct 21Oct 30earnings+2.4%−10.1%
RHI −10.1%S&P 500 +2.4%
−10%−5%0+5%Oct 21Oct 30report 4:03pm ETearnings+4.5%−10.1%
−10%−5%0+5%Oct 21Oct 30earnings+4.5%−10.1%
RHI −10.1%NASDAQ +4.5%
−1.25%
Day of report
−0.68%
Next session
−9.26%
One week
−6.63%
30 days

S&P 500 over the same 30 days: −0.45%.

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 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

“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.”

Robert Half CEO, on the earnings call

Forward Guidance & Outlook

Robert Half's Q4 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 Q2 2022. The CEO noted that contract talent revenues began to grow sequentially in September and into October, suggesting the staffing cycle may be reaching an inflection point.

RHI YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$500.0M$1.0B$1.5B$1.5B$1.4BRevenue$571.6M$504.2MGross Profit$60.9M$13.6MOperating Income$65.5M$42.9MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

RHI Revenue by Segment

Contract Talent Solutions$746.2M−10.1%
Finance and Accounting (Contract)$553.4M−9.9%
Protiviti$498.1M−2.6%
Administrative and Customer Support (Contract)$158.7M−11.1%
Technology (Contract)$157.9M−1.5%
Permanent Placement Talent Solutions$110.1M−10.7%

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