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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
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
MAN
| Other | $2.4B | 52% |
| Transferred Over Time | $1.1B | 24% |
| Staffingand Interim | $1.0B | 22% |
| Productsand Services Other | $50.8M | 1% |
| Permanent Recruitment | $37.5M | 1% |
| Outcome Based Solutionsand Consulting | $20.7M | 0% |
| Transferred At Point In Time | $20.4M | 0% |