Robert Half Inc (LTS:0KX9)
$ 37.27 -3.59 (-8.79%) Market Cap: 3.81 Bil Enterprise Value: 3.78 Bil PE Ratio: 32.47 PB Ratio: 3.15 GF Score: 72/100

Q2 2026 Robert Half Inc Earnings Call Transcript

Jul 23, 2026 / 09:00PM GMT
Release Date Price: $38.67 (-5.81%)

Key Points

Positve
  • Global Enterprise revenues and earnings exceeded the midpoint of second quarter guidance.
  • Talent Solutions delivered its third consecutive quarter of sequential revenue growth on an adjusted basis.
  • Permanent placement operations posted adjusted year-on-year revenue growth of 2.5%.
  • Technology was the strongest performing practice group within contract Talent Solutions, achieving adjusted year-over-year revenue growth of 2.3%.
  • Protiviti's technology consulting practice group reported the best revenue quarter in its history.
Negative
  • Global Enterprise revenues were down 2% from last year's second quarter on a reported basis and down 3% on an adjusted basis.
  • Net income per share in the second quarter was $0.26 compared to $0.41 in the second quarter a year ago.
  • Protiviti's global second-quarter revenues were down 5% versus the year-ago period.
  • Enterprise SG&A costs increased to 40.1% of global revenues in the second quarter compared to 37.1% in the same quarter one year ago.
  • Protiviti's risk and compliance solutions practice continues to navigate shifts in the US financial services regulatory environment, impacting revenue.
Operator

Hello, and welcome to the Robert Half second-quarter 2026 conference call. Today's conference call is being recorded. (Operator Instructions)

Our host for today's call are Mr. Keith Waddell, President and Chief Executive Officer of Robert Half; and Mr. Michael Buckley, Chief Financial Officer. Mr. Waddell, you may begin.

Keith Waddell
Robert Half Inc - Vice Chairman, President and Chief Executive Officer

Hello, everyone. We appreciate your time today. Before we get started, I'd like to remind you that comments made on today's call contain forward-looking statements, including predictions and estimates about our future performance. These statements represent our current judgment of what the future holds. However, they are subject to the risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.

These risks and uncertainties are described in today's press release and our most recent 10-K and 10-Q filed with the SEC. We assume no obligation to update the statements made on today's call.

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