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Side-by-side financial comparison of BARRETT BUSINESS SERVICES INC (BBSI) and HireQuest, Inc. (HQI). Click either name above to swap in a different company.

BARRETT BUSINESS SERVICES INC is the larger business by last-quarter revenue ($321.1M vs $7.0M, roughly 45.7× HireQuest, Inc.). HireQuest, Inc. runs the higher net margin — 22.8% vs 5.1%, a 17.7% gap on every dollar of revenue. On growth, BARRETT BUSINESS SERVICES INC posted the faster year-over-year revenue change (5.3% vs -13.0%). Over the past eight quarters, BARRETT BUSINESS SERVICES INC's revenue compounded faster (9.9% CAGR vs -8.6%).

Barrett Firearms Manufacturing is an Australian-owned, American manufacturer of firearms and ammunition located in Christiana, Tennessee. It was founded in 1982 by Ronnie G. Barrett for the purpose of building semi-automatic rifles chambered for the .50 BMG ammunition, originally developed for and used in M2 Browning machine guns. Barrett began this work in the early 1980s, and the first working rifles were available in 1982, hence the designation M82. Barrett personally designed every part o...

Quest, also known as Quest - Hire a Hero, is a Singapore-based technology company founded in 2021 that operates an AI-powered on-demand services marketplace. The platform connects users with verified workers, known as “Heroes” to complete a wide range of tasks.

BBSI vs HQI — Head-to-Head

Bigger by revenue
BBSI
BBSI
45.7× larger
BBSI
$321.1M
$7.0M
HQI
Growing faster (revenue YoY)
BBSI
BBSI
+18.3% gap
BBSI
5.3%
-13.0%
HQI
Higher net margin
HQI
HQI
17.7% more per $
HQI
22.8%
5.1%
BBSI
Faster 2-yr revenue CAGR
BBSI
BBSI
Annualised
BBSI
9.9%
-8.6%
HQI

Income Statement — Q4 2025 vs Q4 2025

Metric
BBSI
BBSI
HQI
HQI
Revenue
$321.1M
$7.0M
Net Profit
$16.4M
$1.6M
Gross Margin
21.3%
Operating Margin
5.8%
18.6%
Net Margin
5.1%
22.8%
Revenue YoY
5.3%
-13.0%
Net Profit YoY
-2.4%
-27.8%
EPS (diluted)
$0.63
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBSI
BBSI
HQI
HQI
Q4 25
$321.1M
$7.0M
Q3 25
$318.9M
$8.5M
Q2 25
$307.7M
$7.6M
Q1 25
$292.6M
$7.5M
Q4 24
$304.8M
$8.1M
Q3 24
$294.3M
$9.4M
Q2 24
$279.7M
$8.7M
Q1 24
$265.8M
$8.4M
Net Profit
BBSI
BBSI
HQI
HQI
Q4 25
$16.4M
$1.6M
Q3 25
$20.6M
$2.3M
Q2 25
$18.5M
$1.1M
Q1 25
$-1.0M
$1.4M
Q4 24
$16.8M
$2.2M
Q3 24
$19.6M
$-2.2M
Q2 24
$16.7M
$2.0M
Q1 24
$-136.0K
$1.6M
Gross Margin
BBSI
BBSI
HQI
HQI
Q4 25
21.3%
Q3 25
24.1%
Q2 25
23.8%
Q1 25
14.6%
Q4 24
23.4%
Q3 24
25.3%
Q2 24
24.3%
Q1 24
14.9%
Operating Margin
BBSI
BBSI
HQI
HQI
Q4 25
5.8%
18.6%
Q3 25
7.8%
28.8%
Q2 25
7.5%
13.7%
Q1 25
-1.4%
19.8%
Q4 24
6.8%
28.0%
Q3 24
8.0%
-28.6%
Q2 24
7.3%
31.0%
Q1 24
-1.8%
25.0%
Net Margin
BBSI
BBSI
HQI
HQI
Q4 25
5.1%
22.8%
Q3 25
6.5%
27.1%
Q2 25
6.0%
13.9%
Q1 25
-0.3%
18.2%
Q4 24
5.5%
27.5%
Q3 24
6.7%
-23.4%
Q2 24
6.0%
23.5%
Q1 24
-0.1%
19.2%
EPS (diluted)
BBSI
BBSI
HQI
HQI
Q4 25
$0.63
$0.11
Q3 25
$0.79
$0.16
Q2 25
$0.70
$0.08
Q1 25
$-0.04
$0.10
Q4 24
$0.63
$0.15
Q3 24
$0.74
$-0.16
Q2 24
$0.62
$0.15
Q1 24
$-0.01
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBSI
BBSI
HQI
HQI
Cash + ST InvestmentsLiquidity on hand
$157.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$241.0M
$68.3M
Total Assets
$779.1M
$88.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBSI
BBSI
HQI
HQI
Q4 25
$157.2M
Q3 25
$109.8M
Q2 25
$90.4M
Q1 25
$99.1M
Q4 24
$121.9M
Q3 24
$14.4M
Q2 24
$40.3M
Q1 24
$51.3M
Stockholders' Equity
BBSI
BBSI
HQI
HQI
Q4 25
$241.0M
$68.3M
Q3 25
$240.1M
$67.8M
Q2 25
$225.8M
$66.0M
Q1 25
$213.4M
$65.6M
Q4 24
$221.4M
$64.8M
Q3 24
$215.4M
$62.9M
Q2 24
$199.0M
$65.4M
Q1 24
$189.6M
$63.9M
Total Assets
BBSI
BBSI
HQI
HQI
Q4 25
$779.1M
$88.2M
Q3 25
$777.9M
$94.9M
Q2 25
$713.6M
$94.3M
Q1 25
$778.6M
$93.7M
Q4 24
$745.5M
$94.0M
Q3 24
$725.8M
$102.7M
Q2 24
$688.6M
$107.6M
Q1 24
$747.8M
$105.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBSI
BBSI
HQI
HQI
Operating Cash FlowLast quarter
$76.1M
$6.6M
Free Cash FlowOCF − Capex
$70.6M
FCF MarginFCF / Revenue
22.0%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
4.64×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$47.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBSI
BBSI
HQI
HQI
Q4 25
$76.1M
$6.6M
Q3 25
$38.4M
$1.0M
Q2 25
$-53.8M
$2.6M
Q1 25
$5.2M
$1.9M
Q4 24
$53.4M
$8.7M
Q3 24
$-935.0K
$4.2M
Q2 24
$-51.3M
$188.0K
Q1 24
$9.0M
$-967.0K
Free Cash Flow
BBSI
BBSI
HQI
HQI
Q4 25
$70.6M
Q3 25
$34.1M
Q2 25
$-58.2M
Q1 25
$697.0K
Q4 24
$50.2M
Q3 24
$-4.2M
Q2 24
$-56.3M
Q1 24
$6.2M
FCF Margin
BBSI
BBSI
HQI
HQI
Q4 25
22.0%
Q3 25
10.7%
Q2 25
-18.9%
Q1 25
0.2%
Q4 24
16.5%
Q3 24
-1.4%
Q2 24
-20.1%
Q1 24
2.3%
Capex Intensity
BBSI
BBSI
HQI
HQI
Q4 25
1.7%
Q3 25
1.4%
Q2 25
1.4%
Q1 25
1.5%
Q4 24
1.0%
Q3 24
1.1%
Q2 24
1.8%
Q1 24
1.0%
Cash Conversion
BBSI
BBSI
HQI
HQI
Q4 25
4.64×
4.12×
Q3 25
1.86×
0.45×
Q2 25
-2.92×
2.41×
Q1 25
1.36×
Q4 24
3.18×
3.90×
Q3 24
-0.05×
Q2 24
-3.07×
0.09×
Q1 24
-0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBSI
BBSI

Professional Employer Services$303.6M95%
Staffing Services$17.6M5%

HQI
HQI

Segment breakdown not available.

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