Robert Half profit rises to $49,870 thousand in third quarter
Key Facts
Robert Half, which provides talent solutions and business consulting services, reported net income of $49,870 thousand in the third quarter of 2026, according to its official earnings release. The company had posted net income of $42,916 thousand in the corresponding period of 2025, with quarterly profit improving as its talent solutions business returned to growth. Diluted earnings per share were $0.49 for the quarter, compared with $0.43 in the third quarter of the previous year. The company reported service revenue of $1,359,297 thousand for the same period. That compared with revenue of $1,354,477 thousand in the corresponding quarter, with mixed performance across the group's staffing and consulting businesses.
The chief executive said in the earnings release that talent solutions revenue returned to growth on an adjusted year-over-year basis for the first time since 2022. The increase was 2% in the third quarter of 2026 compared with the corresponding period, excluding the effects of currency movements and billing days. In prepared remarks for the earnings call, management linked the continued improvement in hiring activity to gradually improving market conditions. It said: "Hiring activity continues to improve, supported by gradually improving market conditions." Within this business, contract talent solutions revenue rose to $758,830 thousand, compared with $746,223 thousand in the third quarter of 2025. By contrast, revenue at Protiviti, the business consulting arm, fell to $483,521 thousand during the quarter. Consulting revenue had totaled $498,129 thousand in the corresponding period of the previous year, moving in the opposite direction to contract staffing growth.
The quarterly results followed net income of $26 million in the second quarter ended in June 2026, according to the earnings release attached to the company's filing with the U.S. Securities and Exchange Commission. Earnings per share in that quarter were $0.26 on revenue of $1.336 billion. Compared with the previous quarter, the company's profit, earnings per share and revenue rose in the third quarter. For the nine months ended in September 2026, cumulative net income totaled $89,978 thousand, according to the latest earnings release. That remained below net income of $101,234 thousand in the corresponding nine months of 2025, despite the year-over-year improvement in third-quarter profit.
For the fourth quarter of 2026, Robert Half's management expects revenue of between $1.285 billion and $1.385 billion, according to the prepared remarks for the earnings call. It also forecast earnings per share of between $0.36 and $0.46 for the same quarter. Both the lower and upper ends of the earnings-per-share forecast are below the level recorded in the third quarter. The revenue forecast spans levels below and above reported quarterly revenue, following the improvement from the previous quarter. The company scheduled its earnings conference call for October 22, 2026, at 5:00 p.m. Eastern time, following the release of its results.