HQI on Nasdaq
HireQuest, Inc.
Help supply services company, listed on Nasdaq (HQI). Summary from the record
$17.41 up 0.33 (1.90%)Price as of Oct 15, 2026 at 17:33 UTC
Last updated Oct 19, 2026.
Overview
Compare with YYForce Inc., RELIABILITY INC or Dalrada Technology Group, Inc., or pick any stock.
- TickerHQI on Nasdaq1
- IndustryServices-Help Supply Services1
- HeadquartersGoose Creek, South Carolina1
- Business address111 Springhall Drive, Goose Creek, Sc 294453
- Filer categoryNon-accelerated filer, Smaller reporting company3
See how the biggest companies compare on our leaderboards
HireQuest, Inc. (collectively with its subsidiaries, the “Company,” “we,” “us,” or “our”) is a Delaware corporation originally organized in Washington as Command Staffing, LLC in 2002. In 2005, Temporary Financial Services, Inc., a public company, acquired the assets of Command Staffing, LLC, and the combined entity changed its name to Command Center, Inc. On September 11, 2019, Command Center, Inc. reincorporated in Delaware and changed its name to HireQuest, Inc. following its acquisition of Hire Quest Holdings, LLC (“Hire Quest Holdings,” and together with its subsidiary, Hire Quest, LLC, “Legacy HQ”). This acquisition is sometimes referred to as the “Merger.” Hire Quest, LLC was formed as a Florida limited liability company in 2002. Hire Quest Holdings, LLC was formed as a Florida limited liability company in 2017. Since the Merger, we have made a number of acquisitions which are dis…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
HireQuest Direct brought in 48% of the revenue HireQuest, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| HireQuest Direct | $15.1M | $14.0M |
| Snelling and HireQuest | $9.1M | $8.6M |
| Northbound, MRI, and SearchPath | $7.3M | $5.4M |
| DriverQuest and TradeCorp | $807.0K | $854.0K |
| HireQuest Health | $383.0K | $215.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin67¢$20.7M
- Other costs11¢$3.2M
- Interest1¢$307.0K
- Income tax0¢$100.0K
- Profit21¢$6.3M
Out of $30.6M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Dividends paid7¢$844.0K
- Share buybacks3¢$377.0K
- Kept or used elsewhere90¢$10.8M
Out of $12.0M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $30.6M | $34.6M |
| Selling, general and administrative expenses | $20.7M | $21.4M |
| Goodwill and Intangible Asset Impairment | $674.0K | $6.0M |
| Depreciation and amortization | $3.0M | $2.8M |
| Income from operations | $6.3M | $4.4M |
| Other miscellaneous income | $223.0K | $145.0K |
| Interest income | $511.0K | $556.0K |
| Interest and other financing expense | -$307.0K | -$923.0K |
| Net income before income taxes and discontinued operations | $6.7M | $4.1M |
| Provision for income taxes | $100.0K | $221.0K |
| Net income from continuing operations | $6.6M | $3.9M |
| Loss from discontinued operations, net of tax | -$279.0K | -$253.0K |
| Net income | $6.3M | $3.7M |
| Continuing operations (in dollars per share) | $0 | $0 |
| Discontinued operations (in dollars per share) | -$0 | -$0 |
| Total (in dollars per share) | $0.45 | $0.27 |
| Continuing operations (in dollars per share) | $0 | $0 |
| Discontinued operations (in dollars per share) | -$0 | -$0 |
| Total (in dollars per share) | $0.45 | $0.26 |
| Basic (in shares) | 14.0M shares | 13.8M shares |
| Diluted (in shares) | 14.0M shares | 13.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $3.9M | $2.2M | |
| Accounts receivable, net of allowance of $288 thousand and $275 thousand, respectively | $39.3M | $42.3M | |
| Notes receivable | $1.1M | $1.2M | |
| Prepaid expenses, deposits, and other assets | $3.2M | $2.4M | |
| Prepaid workers' compensation | $848.0K | $1.1M | |
| Total current assets | $48.3M | $49.2M | |
| Property and equipment, net | $4.0M | $4.1M | |
| Workers compensation claim payment deposit | $1.1M | $1.1M | |
| Franchise agreements, net | $17.2M | $19.7M | |
| Other intangible assets, net | $7.0M | $8.4M | |
| Goodwill | $1.6M | $1.6M | $5.9M |
| Deferred tax asset | $1.9M | $2.1M | |
| Other assets | $279.0K | $57.0K | |
| Notes receivable, net of current portion and allowance of $1.2 million and $773 thousand, respectively | $5.6M | $6.7M | |
| Intangible assets held for sale | $1.1M | $891.0K | |
| Total assets | $88.2M | $94.0M | |
| Accounts payable | $192.0K | $174.0K | |
| Line of credit | $0 | $6.8M | |
| Term loans payable | $0 | $88.0K | |
| Other current liabilities | $2.2M | $2.0M | |
| Accrued wages, benefits and payroll taxes | $1.8M | $2.6M | |
| Due to franchisee | $7.0M | $7.6M | |
| Risk management incentive program liability | $1.2M | $1.3M | |
| Workers' compensation claims liability | $2.9M | $3.6M | |
| Total current liabilities | $15.3M | $24.1M | |
| Workers' compensation claims liability, net of current portion | $2.2M | $2.7M | |
| Franchisee deposits | $2.3M | $2.4M | |
| Total liabilities | $19.9M | $29.2M | |
| Preferred stock - $0.001 par value, 1,000,000 shares authorized; none issued | $0 | $0 | |
| Common stock - $0.001 par value, 30,000,000 shares authorized; 14,079,692 and 14,072,804 shares issued, respectively | $14.0K | $14.0K | |
| Additional paid-in capital | $37.2M | $36.3M | |
| Treasury stock, at cost - 48,849 shares and 43,849 shares, respectively | -$146.0K | -$146.0K | |
| Retained earnings | $31.2M | $28.6M | |
| Total stockholders' equity | $68.3M | $64.8M | $62.7M |
| Total liabilities and stockholders' equity | $88.2M | $94.0M | |
| Allowance for credit loss | $288.0K | $275.0K | |
| Notes receivable, allowance | $1.2M | $773.0K | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | |
| Common stock, shares issued (in shares) | 14.1M shares | 14.1M shares | |
| Treasury stock, shares (in shares) | 48.8K shares | 43.8K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $3.9M | $2.2M | |
| Accounts receivable, net of allowance of $288 thousand and $275 thousand, respectively | $39.3M | $42.3M | |
| Notes receivable | $1.1M | $1.2M | |
| Prepaid expenses, deposits, and other assets | $3.2M | $2.4M | |
| Prepaid workers' compensation | $848.0K | $1.1M | |
| Total current assets | $48.3M | $49.2M | |
| Property and equipment, net | $4.0M | $4.1M | |
| Workers compensation claim payment deposit | $1.1M | $1.1M | |
| Franchise agreements, net | $17.2M | $19.7M | |
| Other intangible assets, net | $7.0M | $8.4M | |
| Goodwill | $1.6M | $1.6M | $5.9M |
| Deferred tax asset | $1.9M | $2.1M | |
| Other assets | $279.0K | $57.0K | |
| Notes receivable, net of current portion and allowance of $1.2 million and $773 thousand, respectively | $5.6M | $6.7M | |
| Intangible assets held for sale | $1.1M | $891.0K | |
| Total assets | $88.2M | $94.0M | |
| Accounts payable | $192.0K | $174.0K | |
| Line of credit | $0 | $6.8M | |
| Term loans payable | $0 | $88.0K | |
| Other current liabilities | $2.2M | $2.0M | |
| Accrued wages, benefits and payroll taxes | $1.8M | $2.6M | |
| Due to franchisee | $7.0M | $7.6M | |
| Risk management incentive program liability | $1.2M | $1.3M | |
| Workers' compensation claims liability | $2.9M | $3.6M | |
| Total current liabilities | $15.3M | $24.1M | |
| Workers' compensation claims liability, net of current portion | $2.2M | $2.7M | |
| Franchisee deposits | $2.3M | $2.4M | |
| Total liabilities | $19.9M | $29.2M | |
| Preferred stock - $0.001 par value, 1,000,000 shares authorized; none issued | $0 | $0 | |
| Common stock - $0.001 par value, 30,000,000 shares authorized; 14,079,692 and 14,072,804 shares issued, respectively | $14.0K | $14.0K | |
| Additional paid-in capital | $37.2M | $36.3M | |
| Treasury stock, at cost - 48,849 shares and 43,849 shares, respectively | -$146.0K | -$146.0K | |
| Retained earnings | $31.2M | $28.6M | |
| Total stockholders' equity | $68.3M | $64.8M | $62.7M |
| Total liabilities and stockholders' equity | $88.2M | $94.0M | |
| Allowance for credit loss | $288.0K | $275.0K | |
| Notes receivable, allowance | $1.2M | $773.0K | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | |
| Common stock, shares issued (in shares) | 14.1M shares | 14.1M shares | |
| Treasury stock, shares (in shares) | 48.8K shares | 43.8K shares |
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $6.3M | $3.7M |
| Loss from discontinued operations | $279.0K | $253.0K |
| Net income from continuing operations | $6.6M | $3.9M |
| Depreciation and amortization | $3.0M | $2.8M |
| Non-cash interest and loss on debt extinguishment | $22.0K | $18.0K |
| Goodwill and Intangible Asset Impairment | $674.0K | $6.0M |
| Provision for credit losses | $596.0K | $424.0K |
| Stock based compensation | $936.0K | $1.8M |
| Deferred taxes | $173.0K | -$1.7M |
| (Loss) gain on disposition of intangible assets and property, plant, and equipment | -$103.0K | $7.0K |
| Accounts receivable | $3.1M | $2.3M |
| Prepaid expenses, deposits, and other assets | -$833.0K | $897.0K |
| Prepaid workers' compensation | $246.0K | -$448.0K |
| Accounts payable | $18.0K | $28.0K |
| Risk management incentive program liability | -$15.0K | $686.0K |
| Other current liabilities | $168.0K | -$331.0K |
| Accrued wages, benefits and payroll taxes | -$757.0K | -$1.7M |
| Due to franchisees | -$574.0K | -$2.3M |
| Workers compensation claim payment deposit | $1.0K | $342.0K |
| Workers' compensation claims liability | -$1.1M | -$331.0K |
| Net cash provided by operating activities - continuing operations | $12.1M | $12.3M |
| Net cash used in operating activities - discontinued operations | -$31.0K | -$253.0K |
| Net cash provided by operating activities | $12.0M | $12.0M |
| Cash paid in business combinations and asset acquisitions | $0 | -$1.7M |
| Purchase of property and equipment | -$56.0K | -$68.0K |
| Proceeds from the sale of branches | $0 | $717.0K |
| Proceeds from payments on notes receivable | $1.2M | $1.6M |
| Cash issued for notes receivable | -$537.0K | -$13.0K |
| Purchase of deferred compensation plan investments | -$248.0K | $0 |
| Investment in intangible assets | $0 | -$441.0K |
| Net change in franchisee deposits | -$80.0K | -$79.0K |
| Net cash provided by investing activities | $296.0K | $44.0K |
| Payment on term loan payable | -$88.0K | -$557.0K |
| Net payments on revolving line of credit | -$6.8M | -$7.3M |
| Repurchase of common stock | -$377.0K | $0 |
| Net cash used in financing activities | -$10.7M | -$11.2M |
| Net increase in cash | $1.7M | $877.0K |
| Notes receivable issued for the sale of branches | $950.0K | $100.0K |
| Amounts payable assumed related to the purchase of an acquisition | $0 | $10.0K |
| Interest paid | $281.0K | $957.0K |
| Income taxes paid | $795.0K | $1.2M |
No quarter-by-quarter statement was filed.
Leadership
Who has led HireQuest, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerRichard Hermanns Jul 17, 2019 to now14
- Chief executive officerFrederick J. Sandford Feb 11, 2014 to Feb 9, 201815
- Chief executive officerGlenn Welstad Feb 8, 2008 to Mar 31, 201116
- PresidentRichard Hermanns Jul 17, 2019 to now14
- PresidentFrederick J. Sandford Feb 11, 2014 to Feb 9, 201815
- Chief financial officerCharles David Ryan Hartley Nov 12, 2025 to now17
- Chief financial officerSteven G. Crane Nov 15, 2023 to Dec 11, 202318
- Chief financial officerDavid S. Burnett Dec 1, 2021 to Mar 7, 202219
- Chief financial officerCory Smith Aug 31, 2017 to Aug 23, 202120
- Chief financial officerColette Pieper Sep 6, 2016 to Jan 27, 201721
- Chief financial officerJeff T. Wilson Oct 22, 2014 to Aug 18, 201622
- Chief financial officerJeff R. Mitchell Feb 14, 2011 to Feb 16, 201123
- Chief financial officerBrad E. Herr Feb 8, 2008 to Oct 10, 200824
- Chief operating officerTodd Welstad Feb 14, 2011 to Feb 14, 201125
- Chief operating officerThomas E. Gilbert Feb 8, 2008 to Feb 8, 200826
Board members and other officers (29)
- Chief Accounting OfficerCory Smith Mar 7, 2022 to Mar 7, 202227
- VP, GC & SJohn McAnnar Jul 25, 2019 to Jul 27, 202028
- Primary Accounting OfficerRalph E. Peterson Feb 11, 2014 to Feb 11, 201429
- EXEC VP, SEC'Y, GEN COUNSELRonald L. Junck Feb 11, 2014 to Feb 9, 201830
- CIO, EVPTodd Welstad Feb 8, 2008 to Sep 11, 200831
- Board memberJack A. Olmstead Jun 17, 2020 to now32
- Board memberEdward Jackson Jul 17, 2019 to now33
- Board memberRichard Hermanns Jul 17, 2019 to now14
- Board memberKathleen M. Shanahan Jul 25, 2019 to now34
- Board memberPayne Brown Jul 25, 2019 to Nov 10, 202135
- Board memberSteve P. Oman Apr 5, 2018 to Oct 2, 201836
- Board memberGalen G. Vetter Apr 16, 2018 to Oct 2, 201837
- Board memberLawrence F. Hagenbuch Apr 20, 2018 to now38
- Board memberR. Rimmy Malhotra Apr 13, 2016 to now39
- Board memberSteven Mark Bathgate Aug 19, 2016 to Oct 2, 201840
- Board memberFrederick J. Sandford Feb 11, 2014 to Feb 9, 201815
- Board memberJohn D. Stewart Feb 11, 2014 to Oct 3, 201741
- Board memberJd Smith Mar 19, 2014 to Jan 21, 202042
- Board memberJeff T. Wilson Mar 19, 2014 to Feb 5, 201543
- Board memberJohn Schneller Feb 3, 2011 to Jun 12, 201844
- Board memberJeff R. Mitchell Feb 14, 2011 to Feb 16, 201123
- Board memberBrad E. Herr Feb 8, 2008 to Oct 10, 200824
- Board memberGlenn Welstad Feb 8, 2008 to Mar 31, 201116
- Board memberThomas E. Gilbert Feb 8, 2008 to Feb 8, 200826
- Board memberTodd Welstad Feb 8, 2008 to Feb 14, 201131
- Board memberRalph E. Peterson Feb 12, 2008 to Feb 11, 201145
- General counselJohn McAnnar Sep 2, 2021 to now46
- General counselBrendan Simaytis Jul 10, 2018 to Jul 10, 201847
- General counselRonald L. Junck Feb 8, 2008 to Feb 14, 201148
Former names
Timeline
Filings
273 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 69 major events, 170 insider forms, 14 other. The latest 20:
- Aug 14, 20264 PRIMARY DOCUMENT EDGAR
- Aug 14, 20264 PRIMARY DOCUMENT EDGAR
- Aug 14, 20264 PRIMARY DOCUMENT EDGAR
- Aug 14, 20264 PRIMARY DOCUMENT EDGAR
- Aug 14, 20264 PRIMARY DOCUMENT EDGAR
- Aug 13, 20268-K EDGAR
- Aug 11, 202610-Q EDGAR
- Aug 10, 20268-K EDGAR
- Jun 29, 20264 PRIMARY DOCUMENT EDGAR
- Jun 22, 20268-K EDGAR
- Jun 5, 20264 EDGAR
- May 12, 202610-Q EDGAR
- May 12, 20268-K EDGAR
- May 12, 20268-K EDGAR
- May 8, 20268-K EDGAR
- Apr 30, 2026DEF 14A EDGAR
- Mar 31, 202610-K EDGAR
- Mar 30, 20268-K EDGAR
- Mar 6, 20268-K EDGAR
- Mar 4, 20264 PRIMARY DOCUMENT EDGAR
The 273 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
49 open-market trades by officers, directors and large owners since October 2021: 49 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 3, 2026 | Hermanns RichardPresident and CEO | Buy | 1,128 | $12.19 | $13.8K | Form 4 |
| Dec 30, 2025 | Hermanns RichardPresident and CEO | Buy | 9,704 | $10.28 | $99.8K | Form 4 |
| Dec 24, 2025 | Hermanns RichardPresident and CEO | Buy | 422 | $10.12 | $4.3K | Form 4 |
| Dec 22, 2025 | Hermanns RichardPresident and CEO | Buy | 18,854 | $9.13 | $172.1K | Form 4 |
| Nov 12, 2024 | Hagenbuch Lawrence FDirector | Buy | 1,200 | $14.53 | $17.4K | Form 4 |
| Aug 22, 2024 | Hermanns RichardPresident and CEO | Buy | 3,000 | $12.89 | $38.7K | Form 4 |
| Aug 22, 2024 | OLMSTEAD JACK A.Director | Buy | 5,000 | $12.90 | $64.5K | Form 4 |
| Jun 28, 2024 | Hermanns RichardPresident and CEO | Buy | 4,219 | $12.08 | $51.0K | Form 4 |
| Jun 24, 2024 | Hermanns RichardPresident and CEO | Buy | 669 | $12.25 | $8.2K | Form 4 |
| Jun 24, 2024 | Malhotra R. RimmyDirector | Buy | 2,000 | $12.29 | $24.6K | Form 4 |
| Jun 20, 2024 | Hermanns RichardPresident and CEO | Buy | 1,062 | $12.22 | $13.0K | Form 4 |
| Jun 17, 2024 | Hermanns RichardPresident and CEO | Buy | 46 | $12.50 | $575 | Form 4 |
| Jun 14, 2024 | Hermanns RichardPresident and CEO | Buy | 2,000 | $12.70 | $25.4K | Form 4 |
| May 24, 2024 | Hermanns RichardPresident and CEO | Buy | 2,700 | $12.64 | $34.1K | Form 4 |
| May 22, 2024 | Hermanns RichardPresident and CEO | Buy | 1,000 | $12.88 | $12.9K | Form 4 |
| May 15, 2024 | Hermanns RichardPresident and CEO | Buy | 3,763 | $12.44 | $46.8K | Form 4 |
| May 14, 2024 | Hermanns RichardPresident and CEO | Buy | 10,000 | $12.07 | $120.7K | Form 4 |
| Dec 19, 2023 | Hagenbuch Lawrence FDirector | Buy | 3,900 | $16.32 | $63.6K | Form 4 |
| Dec 15, 2023 | Malhotra R. RimmyDirector | Buy | 6,000 | $16.22 | $97.3K | Form 4 |
| Nov 28, 2023 | Shanahan Kathleen MDirector | Buy | 1,866 | $15.00 | $28.0K | Form 4 |
All 49 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 58. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARHireQuest, Inc. filings on SEC EDGAR
- 2Yahoo FinanceHQI quote
- 3SEC EDGARHireQuest, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARHireQuest, Inc. 10-K for fiscal 2025
- 6SEC EDGARHireQuest, Inc. 10-K for fiscal 2019
- 7SEC EDGARHireQuest, Inc. 10-K for fiscal 2020
- 8SEC EDGARHireQuest, Inc. 10-K for fiscal 2021
- 9SEC EDGARHireQuest, Inc. 10-K for fiscal 2022
- 10SEC EDGARHireQuest, Inc. 10-K for fiscal 2023
- 11SEC EDGARHireQuest, Inc. 10-Q for fiscal 2026
- 12SEC EDGARHireQuest, Inc. 10-Q for fiscal 2026
- 13SEC EDGARHireQuest, Inc. 10-K for fiscal 2019
- 14
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARCory Smith, Chief financial officer
- 21
- 22
- 23
- 24
- 25
- 26
- 27SEC EDGARCory Smith, Chief Accounting Officer
- 28SEC EDGARJohn McAnnar, VP, GC & S
- 29
- 30
- 31SEC EDGARTodd Welstad, CIO, EVP
- 32SEC EDGARJack A. Olmstead, Board member
- 33SEC EDGAREdward Jackson, Board member
- 34SEC EDGARKathleen M. Shanahan, Board member
- 35SEC EDGARPayne Brown, Board member
- 36SEC EDGARSteve P. Oman, Board member
- 37SEC EDGARGalen G. Vetter, Board member
- 38SEC EDGARLawrence F. Hagenbuch, Board member
- 39SEC EDGARR. Rimmy Malhotra, Board member
- 40SEC EDGARSteven Mark Bathgate, Board member
- 41SEC EDGARJohn D. Stewart, Board member
- 42SEC EDGARJd Smith, Board member
- 43SEC EDGARJeff T. Wilson, Board member
- 44SEC EDGARJohn Schneller, Board member
- 45SEC EDGARRalph E. Peterson, Board member
- 46SEC EDGARJohn McAnnar, General counsel
- 47SEC EDGARBrendan Simaytis, General counsel
- 48SEC EDGARRonald L. Junck, General counsel