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How Kforce (KFRC) makes money

Kforce (KFRC) made $358M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Flex revenue brought in $351M (98%); Direct Hire revenue brought in $6.7M (2%). Of every dollar of revenue, 28¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

Drawing the Sankey…

Kforce revenue by segment, Q3 2026Kforce revenue by segment, Q3 2026Flex revenue$351MDirect Hire revenue$6.7M
Kforce: revenue by line, Q1 2025 to Q3 2026Kforce: revenue by line, Q1 2025 to Q3 2026Flex revenueDirect Hire revenueFlex revenue: $351M latest$351MDirect Hire revenue: $6.7M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Kforce revenue by quarterKforce revenue by quarter$330MQ1 2025$334MQ2 2025$333MQ3 2025$332MQ4 2025$330MQ1 2026$349MQ2 2026$358MQ3 2026
Kforce: where each dollar of revenue goesKforce: where each dollar of revenue goesCost of revenue72¢Gross profit28¢Operating expenses22¢Operating profit6¢Income tax2¢Net earnings4¢Operating cash flow3¢Free cash flow2¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Flex revenue$351M98.1%+3%+8%
Direct Hire revenue$6.7M1.9%-11%+5%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$358M100.0%
Cost of revenue$257M71.8%
Gross profit$101M28.2%
Operating expenses$78.3M21.9%
Operating profit$22.5M6.3%
Income tax$6.2M1.7%
Net earnings$15.4M4.3%
Operating cash flow$9.5M2.7%
Free cash flow$5.9M1.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$358M+8%
Q2 2026$349M+4%
Q1 2026$330M+0.1%
Q4 2025$332M-3%
Q3 2025$333M-6%
Q2 2025$334M-6%
Q1 2025$330M-6%

From Kforce's 10-Q filed Oct 28, 2026 (on EDGAR).

Questions

How does Kforce make money?

Kforce (KFRC) made $358M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Flex revenue brought in $351M (98%); Direct Hire revenue brought in $6.7M (2%). Of every dollar of revenue, 28¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

What is Kforce's biggest business?

Flex revenue: $351M in the third quarter 2026, 98% of revenue, +8% from a year earlier.

What is Kforce's profit margin?

Net earnings were $15.4M, 4.3% of revenue, in the third quarter 2026; the operating margin was 6.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.