Filing Flows › Robert Half (RHI) › Q1 2025
Robert Half (RHI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Robert Half (RHI) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), -8% from a year earlier and -2% from the quarter before. Operating margin was 2.9%, net earnings $17.4M (1.3% of revenue).
Robert Half, Q1 2025: revenue $1.4B (-8% year over year), operating margin 2.9%, net earnings $17.4M, operating cash flow −$59.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -2% | -8% |
| Gross profit | $499M | -7% | -11% |
| Operating profit | $38.9M | -45% | -5% |
| Net earnings | $17.4M | -68% | -73% |
| Operating cash flow | −$59.3M | — | — |
What changed
Revenue was $1.4B in Q1 2025, down 8% year over year and down 2% from the previous quarter. Total contract talent solutions was the largest line at 56% of revenue. Total contract talent solutions lost $0.12B year over year (down 14%), 100% of the total change.
Gross margin was 36.9%, down 1.2 points from a year earlier. Operating profit was $0.04B, a 2.9% margin (up 0.1 points year over year). Operating expenses fell 12% while revenue fell 8%. Net earnings were $0.02B, down 73% year over year. The effective tax rate was 22.1%.
Operating cash flow was −$0.06B. Non-cash charges added back $0.01B of depreciation and amortization. Working capital and other items used $0.09B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.07B.
Questions
What was Robert Half's revenue in the first quarter 2025?
Robert Half (RHI) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), -8% from a year earlier and -2% from the quarter before.
Was Robert Half profitable in the first quarter 2025?
Operating profit was $38.9M (2.9% of revenue) and net earnings $17.4M.
Source: Robert Half 10-Q on SEC EDGAR.