Robert Half Q2 Earnings: Revenue Slips 2%, but Guidance Beat and Sequential Gains Point to Stabilization
RHI sits 63% above its 52-week low of $21.83 on elevated volume (1.8× avg).
Summary
Robert Half reported Q2 2026 revenue of $1.336 billion, down 2% year-over-year, but beat guidance and showed sequential improvement in talent solutions. Net income fell to $26 million from $41 million a year ago.
Key Events · Earnings and Guidance · RHI
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Q2 Revenue Down 2%
Global enterprise revenues reached $1.336 billion, down 2% reported and 3% adjusted year-over-year, but exceeded the midpoint of company guidance.
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Net Income Declines 37%
Net income came in at $26 million ($0.26/share) versus $41 million ($0.41/share) in Q2 2025, driven by lower gross margin and higher SG&A.
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Sequential Improvement in Talent Solutions
Talent solutions posted its third consecutive quarter of sequential revenue growth on an adjusted basis, with permanent placement adjusted revenue up 2.5% year-over-year.
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CEO Sees Improving Demand
CEO M. Keith Waddell stated that hiring demand continues to improve and market conditions are increasingly supportive.
Analysis · RHI · Trade & Services
Robert Half's Q2 2026 results reveal a 2% revenue decline and a 37% drop in net income compared to last year, yet the company surpassed the midpoint of its own guidance and recorded a third straight quarter of sequential revenue growth in talent solutions. Permanent placement revenue rose 2.5% year-over-year on an adjusted basis, and CEO Keith Waddell noted that hiring demand is improving. With the stock trading near $35.58, the headline numbers are down, but the sequential trends and guidance beat suggest the worst of the staffing downturn may be passing.
At the time of this filing, RHI was trading at $35.58 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $21.83 to $43.26. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.