KFORCE INCKFRCEarnings & Financial Report
Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.
Revenue
$351.9M
Gross Profit
$95.3M
Operating Profit
$15.7M
Net Profit
$11.0M
Gross Margin
27.1%
Operating Margin
4.5%
Net Margin
3.1%
YoY Growth
-13.3%
EPS
$0.58
KFORCE INC Q1 FY2024 Financial Summary
KFORCE INC reported revenue of $351.9M (down 13.3% YoY) for Q1 FY2024, with a net profit of $11.0M (down 32.2% YoY) (3.1% margin). Cost of goods sold was $256.6M, operating expenses totaled $79.5M.
Key Financial Metrics
| Total Revenue | $351.9M |
|---|---|
| Net Profit | $11.0M |
| Gross Margin | 27.1% |
| Operating Margin | 4.5% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
KFORCE INC Q1 FY2024 revenue of $351.9M breaks down across 3 segments, led by Flex Revenue at $318.5M (90.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Flex Revenue | $318.5M | 90.5% |
| Finance And Accounting Segment | $29.8M | 8.5% |
| Direct Hire Revenue | $3.6M | 1.0% |
KFORCE INC Revenue by Segment — Quarterly Trend
KFORCE INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Flex Revenue and Finance And Accounting Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Flex Revenue | $303.6M | $304.3M | $307.8M | $302.4M |
| Finance And Accounting Segment | $25.7M | $25.5M | $23.8M | $23.7M |
| Direct Hire Revenue | $2.7M | $2.9M | $2.7M | $3.8M |
KFORCE INC Annual Revenue by Year
KFORCE INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.3B |
| 2024 | $1.4B |
| 2023 | $1.5B |
| 2022 | $1.7B |
KFORCE INC Quarterly Revenue & Net Profit History
KFORCE 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 |
|---|---|---|---|---|
| Q4 FY2025 | $332.0M | -3.4% | $5.2M | 1.6% |
| Q3 FY2025 | $332.6M | -5.9% | $11.1M | 3.3% |
| Q2 FY2025 | $334.3M | -6.2% | $10.4M | 3.1% |
| Q1 FY2025 | $330.0M | -6.2% | $8.1M | 2.5% |
| Q4 FY2024 | $343.8M | -5.4% | $11.1M | 3.2% |
| Q3 FY2024 | $353.3M | -5.3% | $14.2M | 4.0% |
| Q2 FY2024 | $356.3M | -8.4% | $14.2M | 4.0% |
| Q1 FY2024 | $351.9M | -13.3% | $11.0M | 3.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $351.9M | $356.3M | $353.3M | $343.8M | $330.0M | $334.3M | $332.6M | $332.0M |
| YoY Growth | -13.3% | -8.4% | -5.3% | -5.4% | -6.2% | -6.2% | -5.9% | -3.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $366.3M | $362.7M | $369.9M | $357.8M | $368.2M | $373.6M | $374.2M | $365.6M |
| Liabilities | $201.8M | $196.1M | $202.5M | $203.2M | $230.2M | $239.2M | $242.0M | $241.0M |
| Equity | $164.5M | $166.6M | $167.4M | $154.6M | $138.0M | $134.4M | $132.1M | $124.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $13.2M | $20.9M | $31.0M | $21.8M | $249000 | $18.4M | $23.3M | $19.7M |