Here are the 10-Q quarterly reports from Resources Connection (RGP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RGP 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 RGP filings page.
Resources Connection, Inc. (RGP) reported first-quarter fiscal 2027 revenue of $98.1 million, down 18.4% from $120.2 million a year earlier. Billable hours fell 13.2% and average bill rate fell 5.8%; management cited longer client decision timelines, delayed project starts and lower Consulting project volume. The year-ago quarter included $2.3 million from Sitrick, which was sold in May.
Net loss was $7.970 million, versus $2.405 million, while Adjusted EBITDA was a $3.624 million loss versus $3.065 million positive. Operating cash use was $18.861 million, compared with $7.832 million. Cash and cash equivalents were $61.229 million as of August 29, 2026. The new revolving credit facility had no borrowings and $24.1 million available as of that date; it provides secured revolving loans up to the lesser of $30.0 million and a borrowing-base amount.
After quarter-end, Jennifer Y. Ryu submitted her resignation as Executive Vice President and Chief Financial Officer, effective October 2, 2026. Jessica Block, then Chief AI Officer, assumed the Interim Chief Financial Officer role effective October 3, and Trisha Jenks was appointed Chief Accounting Officer and principal accounting officer effective October 3. The quarterly dividend was $0.07 per share.
Resources Connection, Inc. reported weaker quarterly results with ongoing restructuring and leadership changes. For the quarter ended February 28, 2026, revenue was $107.9 million, down from $129.4 million a year earlier, and the company posted a net loss of $9.5 million versus a $44.1 million loss, which previously included a large goodwill impairment.
For the nine-month period, revenue fell to $345.9 million from $412.0 million and net loss narrowed to $24.5 million from $118.5 million. Cash and cash equivalents were $82.8 million with no borrowings under the main credit facility, while total stockholders’ equity declined to $186.7 million from $207.1 million.
Management is pursuing a 2026 transformation initiative, recording $7.3 million of restructuring charges year-to-date, including severance and a $1.0 million right-of-use asset impairment tied to office space. The company also incurred $9.0 million of CEO transition costs and plans to sell its Sitrick business and separate from its COO, underscoring an active reshaping of its portfolio and leadership.
Resources Connection, Inc. reported another quarterly loss as demand softened and it undertook major leadership and cost actions. For the quarter ended November 29, 2025, revenue was $117,732,000, down from $145,618,000 a year earlier, while net loss narrowed to $12,661,000 from a $68,715,000 loss that previously included large goodwill impairment charges. For the first six months, revenue was $237,961,000 with a net loss of $15,066,000.
Despite the loss, operations generated $8,059,000 of cash in the first half, and cash and cash equivalents increased to $89,810,000. The company had no borrowings outstanding on its $50,000,000 2025 revolving credit facility, with $49,300,000 of potential remaining capacity and $700,000 in letters of credit.
The board replaced former CEO Kate W. Duchene with director Roger Carlile effective November 3, 2025 and approved a transition package including $5,325,000 in cash severance and a $554,167 pro‑rated target bonus, plus accelerated equity vesting and healthcare-related payments. RGP also launched a 2026 transformation initiative, recording $2,894,000 of restructuring charges in the quarter, and incurred $9,029,000 of CEO transition costs and higher stock-based compensation. The company maintained its shareholder return focus with a $0.07 per‑share quarterly dividend.
Resources Connection, Inc. (RGP) reorganized into five reporting units and reported first-quarter fiscal 2026 interim results prepared under GAAP. Revenue mix shifted: $19.9M in Europe & Asia Pacific (up 10.6% YoY), $43.6M in Consulting (down 20.7%), and $10.0M in Outsourced Services (up 5.3%). The Company completed the Reference Point acquisition for $23.2M in cash, recording $14.4M of customer-related intangibles and $6.9M of goodwill. Cash and equivalents totaled $77.5M with no borrowings under the new 2025 Credit Facility (up to $50.0M revolver, matures 11/30/2029). The Company paid a quarterly dividend of $0.07 per share and had approximately $79.2M available under repurchase authorizations. Adjusted EBITDA performance varied by segment with Consulting down and On-Demand Talent and Europe & Asia Pacific improving.