ASGN IncASGNEarnings & Financial Report
ASGN Inc is a leading U.S.-headquartered professional services and workforce solutions provider. It specializes in supplying skilled talent and consulting services across high-growth segments including information technology, creative, digital, life sciences, and engineering, primarily serving enterprise clients across North America.
Revenue
$968.3M
Gross Profit
$275.4M
Operating Profit
$46.6M
Net Profit
$20.9M
Gross Margin
28.4%
Operating Margin
4.8%
Net Margin
2.2%
YoY Growth
-7.7%
EPS
$0.48
ASGN Inc Q1 FY2025 Financial Summary
ASGN Inc reported revenue of $968.3M (down 7.7% YoY) for Q1 FY2025, with a net profit of $20.9M (down 45.1% YoY) (2.2% margin). Cost of goods sold was $692.9M, operating expenses totaled $228.8M.
Key Financial Metrics
| Total Revenue | $968.3M |
|---|---|
| Net Profit | $20.9M |
| Gross Margin | 28.4% |
| Operating Margin | 4.8% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
ASGN Inc Q1 FY2025 revenue of $968.3M breaks down across 6 segments, led by Assignment at $382.1M (39.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Assignment | $382.1M | 39.5% |
| Consulting | $290.1M | 30.0% |
| Departmentofdefenseandintelligenceagencies | $128.9M | 13.3% |
| Federalcivilian | $112.5M | 11.6% |
| Department Of Homeland Security | $45.6M | 4.7% |
| Other Federal | $9.1M | 0.9% |
ASGN Inc Revenue by Segment — Quarterly Trend
ASGN Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Assignment and Consulting) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Assignment | — | $359.2M | $376.4M | $382.4M |
| Consulting | — | $339.4M | $334.9M | $325.7M |
| Departmentofdefenseandintelligenceagencies | — | — | $130.7M | $136.2M |
| Federalcivilian | — | — | $80.7M | $57.8M |
ASGN Inc Annual Revenue by Year
ASGN Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.0B |
| 2024 | $4.1B |
| 2023 | $4.5B |
| 2022 | $4.6B |
ASGN Inc Quarterly Revenue & Net Profit History
ASGN Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $970.0M | -3.0% | $5.5M | 0.6% |
| Q4 FY2025 | $980.1M | -0.5% | $25.2M | 2.6% |
| Q3 FY2025 | $1.0B | -1.9% | $38.1M | 3.8% |
| Q2 FY2025 | $1.0B | -1.4% | $29.3M | 2.9% |
| Q1 FY2025 | $968.3M | -7.7% | $20.9M | 2.2% |
| Q4 FY2024 | $985.0M | -8.3% | $42.4M | 4.3% |
| Q3 FY2024 | $1.0B | -7.7% | $47.5M | 4.6% |
| Q2 FY2024 | $1.0B | -8.5% | $47.2M | 4.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.03B | $985.0M | $968.3M | $1.02B | $1.01B | $980.1M | $970.0M |
| YoY Growth | -8.5% | -7.7% | -8.3% | -7.7% | -1.4% | -1.9% | -0.5% | -3.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.45B | $3.43B | $3.43B | $3.70B | $3.71B | $3.70B | $3.68B | $4.03B |
| Liabilities | $1.64B | $1.66B | $1.65B | $1.91B | $1.89B | $1.87B | $1.87B | $2.24B |
| Equity | $1.81B | $1.77B | $1.78B | $1.79B | $1.83B | $1.83B | $1.80B | $1.79B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $90.7M | $135.8M | $100.2M | $16.8M | $124.9M | $83.9M | $102.3M |