Robert Half's Third Quarter Financial Results Show Mixed Performance Amid Ongoing Caution in Hiring

Robert Half Reports Third-Quarter Financial Results

Overview of Results

Robert Half Inc. (NYSE: RHI), a leader in talent solutions and business consulting, released its financial results for the third quarter ended September 30, 2025. The results reveal a decline in both revenue and net income compared to the previous year, highlighting the challenges faced by the company amidst prevailing market conditions.

During this quarter, Robert Half reported a net income of $43 million, equivalent to $0.43 per share on revenues of $1.354 billion. In contrast, for the same period last year, the company achieved a net income of $65 million, or $0.64 per share, alongside revenues totaling $1.465 billion.

For the initial nine months of 2025, Robert Half's net income amounted to $101 million, which translates to $1.01 per share, from a total revenue of $4.076 billion. This is a significant decrease from the $197 million net income and $4.413 billion in revenue reported for the same timeframe in 2024.

Management Commentary

M. Keith Waddell, the president and CEO of Robert Half, emphasized the cautious approach of clients and job seekers during the quarter, leading to subdued hiring activities and new project initiations. However, Waddell noted some optimism regarding the trends in contract talent revenues, which maintained the late second-quarter levels through most of the third quarter and began to show growth in September and October.

Waddell stated, "Our fourth-quarter revenue guidance, positioned at and above the midpoint, indicates a return to sequential growth on a same-day constant currency basis, marking a first since Q2 2022."

The CEO expressed confidence in the company's ability to seize emerging opportunities, asserting that their strong brand, skilled workforce, advanced technology, and unique blend of professional staffing and business consulting services distinguish them in the competitive landscape. This position, he believes, will pave the way for sustained long-term success.

Recognition and Awards

On a positive note, Robert Half's commitment to its workforce was acknowledged with several accolades in the third quarter. The firm was named one of Forbes' World's Best Employers and America's Best Employers for Company Culture. Furthermore, it received recognition from Fortune as one of the Best Workplaces in Consulting and Professional Services™.

Conference Call and Future Prospects

In light of the financial results, Robert Half management will conduct a conference call at 5 PM EDT today. Investors and analysts can access the prepared remarks via the Investor Center on the Robert Half website. The company's commitment to transparency allows stakeholders to stay informed about its operational developments and future strategies.

The earnings presentation reflects the firm's dedication not only to providing superior talent solutions but also to maintaining a workplace culture that inspires and motivates its employees. The current financial performance, while indicating challenges, is also a testament to the resilience and adaptability of Robert Half in a fluctuating market landscape.

In conclusion, Robert Half sits at a critical juncture as it navigates economic uncertainties, with a keen eye on leveraging its strengths to foster growth in the upcoming quarters. The combination of strategic foresight and an invested workforce positions the company for renewed success, even amidst cautious market conditions.