Filing Flows › Kforce (KFRC) › Q1 2026
Kforce (KFRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Kforce (KFRC) reported revenue of $330M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and -0.5% from the quarter before. Operating margin was 3.6%, net earnings $7.9M (2.4% of revenue).
Kforce, Q1 2026: revenue $330M (+0.1% year over year), operating margin 3.6%, net earnings $7.9M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $330M | -0.5% | +0.1% |
| Gross profit | $90.1M | -0.2% | +2% |
| Operating profit | $12.0M | +40% | +3% |
| Net earnings | $7.9M | +53% | -3% |
| Operating cash flow | −$4.1M | -121% | -1729% |
What changed
Revenue was $330.4M in Q1 2026, roughly flat year over year and roughly flat from the previous quarter. Flex revenue was the largest line at 98% of revenue. Flex revenue added $1.7M year over year (up 1%), 493% of the total change. Direct Hire revenue declined 18%.
Gross margin was 27.3%, up 0.5 points from Q1 2025. Operating profit was $12.0M, a 3.6% margin (up 0.1 points year over year). Of the extra revenue versus Q1 2025, 112% reached operating profit, above the 4% margin then. Operating expenses grew 2% against flat revenue. Net earnings were $7.9M, down 3% year over year. The effective tax rate was 30.2%.
Operating cash flow was −$4.1M. Non-cash charges added back $1.3M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $16.9M. Capital expenditures of $3.3M exceeded it, leaving free cash flow of −$7.4M.
Questions
What was Kforce's revenue in the first quarter 2026?
Kforce (KFRC) reported revenue of $330M for the first quarter 2026 (Q1 2026), +0.1% from a year earlier and -0.5% from the quarter before.
Was Kforce profitable in the first quarter 2026?
Operating profit was $12.0M (3.6% of revenue) and net earnings $7.9M.
Source: Kforce 10-Q on SEC EDGAR.