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Side-by-side financial comparison of HireQuest, Inc. (HQI) and ManpowerGroup Inc. (MAN). Click either name above to swap in a different company.

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $7.0M, roughly 670.1× HireQuest, Inc.). HireQuest, Inc. runs the higher net margin — 22.8% vs 0.6%, a 22.2% gap on every dollar of revenue. On growth, ManpowerGroup Inc. posted the faster year-over-year revenue change (7.1% vs -13.0%). Over the past eight quarters, ManpowerGroup Inc.'s revenue compounded faster (3.5% CAGR vs -8.6%).

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.

ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.

HQI vs MAN — Head-to-Head

Bigger by revenue
MAN
MAN
670.1× larger
MAN
$4.7B
$7.0M
HQI
Growing faster (revenue YoY)
MAN
MAN
+20.1% gap
MAN
7.1%
-13.0%
HQI
Higher net margin
HQI
HQI
22.2% more per $
HQI
22.8%
0.6%
MAN
Faster 2-yr revenue CAGR
MAN
MAN
Annualised
MAN
3.5%
-8.6%
HQI

Income Statement — Q4 2025 vs Q4 2025

Metric
HQI
HQI
MAN
MAN
Revenue
$7.0M
$4.7B
Net Profit
$1.6M
$30.2M
Gross Margin
16.3%
Operating Margin
18.6%
1.7%
Net Margin
22.8%
0.6%
Revenue YoY
-13.0%
7.1%
Net Profit YoY
-27.8%
34.2%
EPS (diluted)
$0.11
$0.65

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
HQI
HQI
MAN
MAN
Q4 25
$7.0M
$4.7B
Q3 25
$8.5M
$4.6B
Q2 25
$7.6M
$4.5B
Q1 25
$7.5M
$4.1B
Q4 24
$8.1M
$4.4B
Q3 24
$9.4M
$4.5B
Q2 24
$8.7M
$4.5B
Q1 24
$8.4M
$4.4B
Net Profit
HQI
HQI
MAN
MAN
Q4 25
$1.6M
$30.2M
Q3 25
$2.3M
$18.0M
Q2 25
$1.1M
$-67.1M
Q1 25
$1.4M
$5.6M
Q4 24
$2.2M
$22.5M
Q3 24
$-2.2M
$22.8M
Q2 24
$2.0M
$60.1M
Q1 24
$1.6M
$39.7M
Gross Margin
HQI
HQI
MAN
MAN
Q4 25
16.3%
Q3 25
16.6%
Q2 25
16.9%
Q1 25
17.1%
Q4 24
17.2%
Q3 24
17.3%
Q2 24
17.4%
Q1 24
17.3%
Operating Margin
HQI
HQI
MAN
MAN
Q4 25
18.6%
1.7%
Q3 25
28.8%
1.4%
Q2 25
13.7%
-0.6%
Q1 25
19.8%
0.7%
Q4 24
28.0%
1.6%
Q3 24
-28.6%
1.6%
Q2 24
31.0%
2.2%
Q1 24
25.0%
1.5%
Net Margin
HQI
HQI
MAN
MAN
Q4 25
22.8%
0.6%
Q3 25
27.1%
0.4%
Q2 25
13.9%
-1.5%
Q1 25
18.2%
0.1%
Q4 24
27.5%
0.5%
Q3 24
-23.4%
0.5%
Q2 24
23.5%
1.3%
Q1 24
19.2%
0.9%
EPS (diluted)
HQI
HQI
MAN
MAN
Q4 25
$0.11
$0.65
Q3 25
$0.16
$0.38
Q2 25
$0.08
$-1.44
Q1 25
$0.10
$0.12
Q4 24
$0.15
$0.49
Q3 24
$-0.16
$0.47
Q2 24
$0.15
$1.24
Q1 24
$0.12
$0.81

Balance Sheet & Financial Strength

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

Metric
HQI
HQI
MAN
MAN
Cash + ST InvestmentsLiquidity on hand
$871.0M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$68.3M
$2.1B
Total Assets
$88.2M
$9.2B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HQI
HQI
MAN
MAN
Q4 25
$871.0M
Q3 25
$274.6M
Q2 25
$289.8M
Q1 25
$395.0M
Q4 24
$509.4M
Q3 24
$410.9M
Q2 24
$468.9M
Q1 24
$604.8M
Total Debt
HQI
HQI
MAN
MAN
Q4 25
$1.1B
Q3 25
$468.3M
Q2 25
$470.3M
Q1 25
$971.4M
Q4 24
$929.4M
Q3 24
$999.7M
Q2 24
$961.7M
Q1 24
$968.9M
Stockholders' Equity
HQI
HQI
MAN
MAN
Q4 25
$68.3M
$2.1B
Q3 25
$67.8M
$2.0B
Q2 25
$66.0M
$2.0B
Q1 25
$65.6M
$2.1B
Q4 24
$64.8M
$2.1B
Q3 24
$62.9M
$2.2B
Q2 24
$65.4M
$2.1B
Q1 24
$63.9M
$2.2B
Total Assets
HQI
HQI
MAN
MAN
Q4 25
$88.2M
$9.2B
Q3 25
$94.9M
$8.4B
Q2 25
$94.3M
$8.5B
Q1 25
$93.7M
$8.0B
Q4 24
$94.0M
$8.2B
Q3 24
$102.7M
$8.5B
Q2 24
$107.6M
$8.5B
Q1 24
$105.9M
$8.5B
Debt / Equity
HQI
HQI
MAN
MAN
Q4 25
0.51×
Q3 25
0.23×
Q2 25
0.24×
Q1 25
0.46×
Q4 24
0.44×
Q3 24
0.46×
Q2 24
0.45×
Q1 24
0.45×

Cash Flow & Capital Efficiency

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

Metric
HQI
HQI
MAN
MAN
Operating Cash FlowLast quarter
$6.6M
$178.9M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
4.12×
5.92×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HQI
HQI
MAN
MAN
Q4 25
$6.6M
$178.9M
Q3 25
$1.0M
$59.8M
Q2 25
$2.6M
$-189.6M
Q1 25
$1.9M
$-153.2M
Q4 24
$8.7M
$247.6M
Q3 24
$4.2M
$83.5M
Q2 24
$188.0K
$-137.9M
Q1 24
$-967.0K
$116.0M
Free Cash Flow
HQI
HQI
MAN
MAN
Q4 25
$168.0M
Q3 25
$44.7M
Q2 25
$-207.2M
Q1 25
$-166.9M
Q4 24
$236.3M
Q3 24
$67.4M
Q2 24
$-149.8M
Q1 24
$104.2M
FCF Margin
HQI
HQI
MAN
MAN
Q4 25
3.6%
Q3 25
1.0%
Q2 25
-4.6%
Q1 25
-4.1%
Q4 24
5.4%
Q3 24
1.5%
Q2 24
-3.3%
Q1 24
2.4%
Capex Intensity
HQI
HQI
MAN
MAN
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
HQI
HQI
MAN
MAN
Q4 25
4.12×
5.92×
Q3 25
0.45×
3.32×
Q2 25
2.41×
Q1 25
1.36×
-27.36×
Q4 24
3.90×
11.00×
Q3 24
3.66×
Q2 24
0.09×
-2.29×
Q1 24
-0.60×
2.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HQI
HQI

Segment breakdown not available.

MAN
MAN

Other$2.4B52%
Transferred Over Time$1.1B24%
Staffingand Interim$1.0B22%
Productsand Services Other$50.8M1%
Permanent Recruitment$37.5M1%
Outcome Based Solutionsand Consulting$20.7M0%
Transferred At Point In Time$20.4M0%

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