Every 8-K that HireQuest, Inc. (HQI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HQI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HQI filings page.
HireQuest, Inc. reported that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock. The dividend is scheduled to be paid on September 15, 2026 to shareholders of record as of September 1, 2026.
The company notes that payment of this dividend is expressly conditioned on the Board not revoking the dividend before the payment date. It also states that any future dividends will require quarterly Board approval and will depend on factors such as cash flow, financial condition, legal and financing constraints, tax law changes, and other risks described in its SEC filings.
HireQuest, Inc. reported stronger profitability for the quarter and six months ended June 30, 2026, while navigating the divestiture of certain MRINetwork assets. For the second quarter, total revenue was $8.1 million, up 6.0% year over year, with franchise royalties of $7.6 million and service revenue of $513,000. Pro forma for the MRINetwork Assets Divestiture, total revenue increased 16.6% and franchise royalties rose 13.8%, reflecting underlying growth in the franchised network.
Cost discipline significantly improved margins. Second-quarter SG&A expenses declined to $4.0 million, down 31.9% from a year earlier, and workers’ compensation expense also decreased. Net income for the quarter rose to $2.7 million, or $0.19 per diluted share, from $1.1 million, or $0.08, while Adjusted EBITDA increased to $4.6 million from $3.3 million. Year-to-date net income was $4.3 million versus $2.4 million, and Adjusted EBITDA was $7.3 million versus $6.1 million.
On the balance sheet, as of June 30, 2026, cash was $1.6 million, total assets were $93.4 million, total liabilities were $24.5 million, and working capital was $35.1 million. The company reported approximately $41.0 million of availability under its line of credit, assuming continued covenant compliance. HireQuest paid a quarterly cash dividend of $0.06 per share on June 15, 2026, and states an intention to continue quarterly dividends subject to business performance and board approval.
HireQuest, Inc. held its 2026 Annual Meeting of Stockholders on June 18, 2026. Stockholders elected all six director nominees, with each receiving more than 10.8 million votes in favor and relatively few votes withheld, so the existing board slate continues.
Stockholders also ratified the selection of Forvis Mazars, LLP as independent registered public accounting firm and approved, on a non-binding advisory basis, the compensation of the named executive officers. Of 13,940,285 shares eligible to vote as of April 28, 2026, a total of 12,532,086 shares were represented in person or by proxy.
HireQuest, Inc. has proposed a cash acquisition of certain assets from TrueBlue’s People-Ready segment. The offer is for $105 million in cash, targeting the on-demand portion of People-Ready, which the company characterizes as an underperforming business for TrueBlue.
HireQuest’s CEO said the on-demand business would complement the HireQuest Direct division and highlighted that the proposal, based on TrueBlue’s proxy disclosures, equates to about $3.45 per TrueBlue share. Prior bids in 2025 to acquire all of TrueBlue, at $7.50 to $12.30 per share, were rejected. The current proposal is framed as a potential way for TrueBlue to divest this segment and raise cash.
HireQuest, Inc. reported first-quarter 2026 results with total revenue of $6.5 million, down 12.7% from the prior-year period, mainly reflecting the divestiture of MRINetwork assets that boosted 2025 results. Franchise royalties were $6.1 million and service revenue was $462,000.
Selling, general and administrative expenses fell to $4.3 million from $5.3 million, aided by the absence of prior-year MRINetwork-related costs, while net income increased to $1.6 million, or $0.11 per diluted share, from $1.4 million, or $0.10 per diluted share. Adjusted net income was $1.8 million and Adjusted EBITDA was $2.7 million, slightly below $2.8 million a year ago.
System-wide sales declined 13.4% to $102.6 million, again reflecting the MRINetwork divestiture. As of March 31, 2026, the company reported $1.0 million in cash, total assets of $91.1 million, total liabilities of $23.8 million, and working capital of $32.5 million, with no debt and approximately $40.3 million available under its line of credit.
HireQuest, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock, payable on June 15, 2026 to shareholders of record as of June 1, 2026.
The company also posted a May 2026 investor presentation on its website and furnished it, along with the dividend press release, as exhibits. The presentation includes Non-GAAP financial measures with reconciliations to GAAP figures provided in accordance with Regulation G.
HireQuest reported lower 2025 revenue but sharply higher profitability and a stronger balance sheet. Total revenue for 2025 was $30.6 million, down from $34.6 million, while net income rose to $6.3 million, or $0.45 per diluted share, from $3.7 million, or $0.26 per diluted share, helped by much smaller goodwill and intangible impairment charges.
Adjusted EBITDA for 2025 was $14.1 million versus $16.2 million in 2024, and system-wide sales declined to $500.2 million from $563.6 million, reflecting softer activity across the network. The company ended 2025 debt free, with cash of $3.9 million and total liabilities reduced to $19.9 million from $29.2 million.
Management highlighted a strategic change in MRINetwork’s ownership structure, a share repurchase authorization of up to $20 million of common stock, and a quarterly cash dividend of $0.06 per share, underscoring an ongoing focus on capital returns alongside a more balanced staffing market outlook for 2026.
HireQuest, Inc. approved new employment agreements for its Chief Executive Officer, Chief Financial Officer, and Chief Legal Officer effective March 2, 2026. CEO Richard Hermanns will continue in his role through August 31, 2027 with a base salary of $430,000 and multiple performance-based bonus opportunities tied to pre-tax income and Adjusted EBITDA growth.
Hermanns received 25,000 restricted shares, while CFO C. David R. Hartley and Chief Legal Officer John McAnnar each received 10,000 restricted shares, all vesting 50% on the second anniversary of the effective date and 6.25% per quarter over the following eight quarters, with various accelerated vesting protections.
The agreements outline severance, bonus proration, and accelerated equity vesting if employment ends without cause, for good reason, upon non-renewal, or following a change of control, where each executive can receive lump-sum cash severance equal to 150% of base salary plus full vesting of equity awards.
HireQuest, Inc. has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend is scheduled to be paid on March 16, 2026 to shareholders of record as of March 2, 2026.
The company explains that payment of this dividend is expressly conditioned on the Board of Directors not revoking it before the payment date. Any future dividends will require separate Board approval each quarter after reviewing HireQuest’s financial performance, cash flow, legal constraints, and financing arrangements.
HireQuest, Inc. disclosed that its Board of Directors has approved a new stock repurchase program authorizing the Company to buy back up to $20,000,000.00 of its outstanding common stock. The program permits purchases from time to time in the open market, through privately negotiated and block transactions, and under Rule 10b5-1 trading plans, in each case subject to securities laws and other legal requirements.
The actual number and timing of share repurchases will depend on factors such as the trading price and availability of HireQuest’s common stock and general market conditions. The repurchase program will begin as soon as reasonably possible, is scheduled to expire twelve months after it starts, and may be modified, suspended, or terminated at any time without prior notice. Shares bought back may later be reissued for employee benefit plans and other general corporate purposes.
HireQuest, Inc. declared a quarterly cash dividend of $0.06 per share. The dividend is expected to be paid on December 15, 2025 to shareholders of record on December 1, 2025.
The company noted that the payment is expressly conditioned on the Board not revoking the dividend before the payment date, and future dividends remain subject to quarterly Board approval after reviewing financial performance and cash needs.
HireQuest, Inc. (HQI) filed an 8-K announcing it furnished a press release reporting financial results for the quarter ended September 30, 2025. The press release is attached as Exhibit 99.1. The information is furnished under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference unless expressly stated. HireQuest’s common stock (symbol HQI) is listed on The NASDAQ Stock Market LLC.
HireQuest's Board declared a quarterly cash dividend of $0.06 per share of common stock, expected to be paid on September 15, 2025 to holders of record on September 1, 2025. The company announced the dividend in a press release attached as Exhibit 99.1 to this filing.
The filing emphasizes that the dividend payment is conditioned on the Board not revoking the declaration and that future dividends require quarterly Board approval after review of the company's financial performance and cash needs. The company identifies specific risk factors that could affect future dividends, including cash flow and cash needs, restrictions under financing arrangements, changes in tax law, and deterioration in financial condition.
HireQuest, Inc. (NASDAQ: HQI) filed an 8-K summarising the voting results of its 18 June 2025 Annual Meeting.
- Director elections: All six nominees were re-elected with 9.95-10.73 million votes for and only 27.7-812 thousand withheld; 2.01 million broker non-votes were recorded.
- Auditor ratification: Shareholders approved Forvis Mazars, LLP as independent auditor for FY 2025 with 12.62 million votes for, 151 thousand against, and 3,714 abstentions.
- Say-on-Pay: The non-binding advisory resolution on executive compensation received 10.75 million votes for, 8,811 against, 5,853 abstentions, and 2.01 million broker non-votes.
- Say-on-Pay frequency: A ONE-YEAR cadence was favoured by 10.30 million votes versus 431.6 thousand for TWO YEARS and 30.7 thousand for THREE YEARS.
- Quorum: 12.77 million shares (≈91% of the 14.03 million outstanding as of 28 April 2025) were represented.
No other business or material transactions were reported. The filing is largely procedural, confirming continued shareholder support for existing governance and compensation practices.