KFRC

MKT CAP:$598M

Kforce Inc.

Market Cap

$598M

Industrials·Staffing & Employment Services·🇺🇸 United States·NASDAQ

Industrials·Staffing·🇺🇸·NASDAQ

Stock Price

$30.56-$0.77 (-2.46%)

Apr 17, 2026

Company Details

Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily...

CEO

Joseph J. Liberatore

IPO Date

Aug 15, 1995

Website

www.kforce.com

Key Metrics TTM

Revenue

$1.3B

-5.4% YoY

Net Income

$35M

EPS (Diluted)

$1.94

Free Cash Flow

$47M

Revenue / Share

$76.34

Gross Margin

27.1%

Operating Margin

3.8%

Net Margin

2.6%

FCF Margin

3.5%

P/S

0.4x

P/E

17.2x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

FY 2025

Feb 20, 2026

$1.3B-5.4%EPS $1.96

Q4 2025

Feb 20, 2026

$332M-3.4%EPS $0.30

Q3 2025

Nov 5, 2025

$333M-5.9%EPS $0.63

Q2 2025

Jul 30, 2025

$334M-6.2%EPS $0.56

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$417M	$124M	$28M
Q2 22	$437M	$131M	$34M
Q3 22	$438M	$127M	$31M
Q4 22	$420M	$119M	$24M
Q1 23	$406M	$114M	$23M
Q2 23	$389M	$110M	$26M
Q3 23	$373M	$103M	-$16M
Q4 23	$363M	$98M	$22M
Q1 24	$352M	$95M	$16M
Q2 24	$356M	$99M	$20M
Q3 24	$353M	$99M	-$19M
Q4 24	$344M	$93M	$124M
Q1 25	$330M	$88M	$12M
Q2 25	$334M	$91M	$15M
Q3 25	$333M	$92M	$15M
Q4 25	$332M	$89M	$9M

Valuation

Quarter	P/S	P/E
Q1 22	0.9x	18.3x
Q2 22	0.8x	14.5x
Q3 22	0.7x	13.8x
Q4 22	0.6x	14.2x
Q1 23	0.7x	16.8x
Q2 23	0.7x	18.7x
Q3 23	0.7x	21.8x
Q4 23	0.8x	19.5x
Q1 24	0.9x	23.5x
Q2 24	0.8x	22.2x
Q3 24	0.8x	21.7x
Q4 24	0.7x	20.8x
Q1 25	0.7x	19.1x
Q2 25	0.5x	17.0x
Q3 25	0.4x	13.0x
Q4 25	0.4x	16.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$39M	$37M
Q2 22	$32M	$31M
Q3 22	$7M	$6M
Q4 22	$13M	$9M
Q1 23	$19M	$17M
Q2 23	$21M	$18M
Q3 23	$29M	$27M
Q4 23	$22M	$21M
Q1 24	$13M	$11M
Q2 24	$21M	$18M
Q3 24	$31M	$27M
Q4 24	$22M	$23M
Q1 25	$249.0K	-$4M
Q2 25	$18M	$14M
Q3 25	$23M	$20M
Q4 25	$20M	$17M

Capital Expenditures

Quarter	CapEx
Q1 22	$2M
Q2 22	$1M
Q3 22	$1M
Q4 22	$3M
Q1 23	$2M
Q2 23	$3M
Q3 23	$1M
Q4 23	$2M
Q1 24	$2M
Q2 24	$3M
Q3 24	$4M
Q4 24	$928.0K
Q1 25	$4M
Q2 25	$4M
Q3 25	$4M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+14.8%	+13.2%
Q2 22	+8.2%	+8.7%
Q3 22	+8.7%	+8.8%
Q4 22	+2.3%	+2.6%
Q1 23	-2.6%	-1.7%
Q2 23	-10.8%	-9.8%
Q3 23	-14.7%	-4.2%
Q4 23	-13.4%	-13.6%
Q1 24	-13.3%	-12.1%
Q2 24	-8.4%	-7.3%
Q3 24	-5.3%	-4.4%
Q4 24	-5.4%	-35.6%
Q1 25	-6.2%	-5.3%
Q2 25	-6.2%	-5.1%
Q3 25	-5.9%	-14.6%
Q4 25	-3.4%	+47.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	1.1%
Q2 22	$4M	1.0%
Q3 22	$4M	1.0%
Q4 22	$4M	1.0%
Q1 23	$4M	1.1%
Q2 23	$4M	1.1%
Q3 23	$6M	1.6%
Q4 23	$3M	0.9%
Q1 24	$4M	1.0%
Q2 24	$3M	1.0%
Q3 24	$4M	1.0%
Q4 24	$3M	1.0%
Q1 25	$4M	1.1%
Q2 25	$4M	1.1%
Q3 25	$3M	0.9%
Q4 25	$3M	1.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 22	$95M	—	—
Q2 22	$96M	—	—
Q3 22	$80M	$14M	—
Q4 22	$94M	—	—
Q1 23	$89M	—	—
Q2 23	$83M	—	—
Q3 23	$86M	—	—
Q4 23	$64M	$13M	—
Q1 24	$78M	—	—
Q2 24	$78M	—	—
Q3 24	$78M	—	—
Q4 24	$76M	—	—
Q1 25	$75M	—	—
Q2 25	$74M	—	—
Q3 25	$76M	—	—
Q4 25	—	—	$80M

Revenue Segments

Quarter	Finance And Accounting Segment Member	Technology Segment Member	Finance And Accounting Segment	Technology Segment
Q1 22	$57M	$360M	—	—
Q2 22	$52M	$385M	—	—
Q3 22	$47M	$390M	—	—
Q4 22	—	—	$47M	$373M
Q1 23	$41M	$365M	—	—
Q2 23	$37M	$352M	—	—
Q3 23	$35M	$338M	—	—
Q1 24	$30M	$322M	—	—
Q2 24	$28M	$328M	—	—
Q3 24	$28M	$326M	—	—
Q1 25	$24M	$306M	—	—
Q2 25	$24M	$311M	—	—
Q3 25	$26M	$307M	—	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$117M	$0	$117M
Q2 22	$30M	$0	$30M
Q3 22	$5M	$0	$5M
Q4 22	$121.0K	$0	$121.0K
Q1 23	$171.0K	$0	$171.0K
Q2 23	$147.0K	$0	$147.0K
Q3 23	$122.0K	$0	$122.0K
Q4 23	$119.0K	$0	$119.0K
Q1 24	$106.0K	$0	$106.0K
Q2 24	$110.0K	$0	$110.0K
Q3 24	$127.0K	$0	$127.0K
Q4 24	$349.0K	$0	$349.0K
Q1 25	$444.0K	$0	$444.0K
Q2 25	$2M	$0	$2M
Q3 25	$1M	$0	$1M
Q4 25	$2M	$0	$2M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	21M	-0.7%	-2.4%
Q2 22	21M	-0.7%	-0.3%
Q3 22	21M	-1.8%	-2.8%
Q4 22	20M	-1.6%	-4.7%
Q1 23	20M	-0.8%	-4.8%
Q2 23	20M	-1.0%	-5.2%
Q3 23	20M	-1.8%	-5.2%
Q4 23	20M	-1.2%	-4.8%
Q1 24	19M	-0.2%	-4.1%
Q2 24	19M	+0.0%	-3.1%
Q3 24	19M	-1.4%	-2.7%
Q4 24	19M	-0.0%	-1.6%
Q1 25	18M	-5.1%	-6.4%
Q2 25	19M	+2.0%	-4.5%
Q3 25	18M	-5.2%	-8.2%
Q4 25	17M	-1.3%	-9.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$208.5K	2K
Q2 22	$218.3K	2K
Q3 22	$218.8K	2K
Q4 22	$209.8K	2K
Q1 23	$203.0K	2K
Q2 23	$194.6K	2K
Q3 23	$186.6K	2K
Q4 23	$201.9K	2K
Q1 24	$195.5K	2K
Q2 24	$198.0K	2K
Q3 24	$196.3K	2K
Q4 24	$202.2K	2K
Q1 25	$194.1K	2K
Q2 25	$196.7K	2K
Q3 25	$195.7K	2K
Q4 25	$207.5K	2K

Revenue / Employee