Q4 2025 Robert Half Inc Earnings Call Transcript

Jan 29, 2026 / 10:00PM GMT
Release Date Price: MXN1315

Key Points

Positve
  • Robert Half Inc (RHI) reported global enterprise revenues of $1.302 billion for Q4 2025, exceeding the midpoint of their previous guidance.
  • Cash flow from operations was $183 million, marking the highest quarter of the year and an 18% increase over Q4 2024.
  • The company distributed a $0.59 per share cash dividend, totaling $59 million, demonstrating strong shareholder returns.
  • Protiviti's international revenues were up 9% year over year, indicating strong performance outside the United States.
  • Robert Half Inc (RHI) was recognized by Fortune as one of the World's Most Admired Companies for the 29th consecutive year, highlighting its strong industry reputation.
Negative
  • Global enterprise revenues were down 6% from the previous year's fourth quarter on a reported basis.
  • Net income per share decreased to $0.32 from $0.53 in the fourth quarter of the previous year.
  • US Talent Solutions revenues were down 9% year over year, indicating challenges in the domestic market.
  • Protiviti's gross margin decreased to 21.9% from 24.9% in the previous year, reflecting margin pressures.
  • The company's tax rate increased to 32% from 28% one year ago, due to the increased impact of non-deductible expenses relative to lower pre-tax income.
Operator

Please stand by. Hello, and welcome to the Robert Half fourth-quarter 2025 conference call. Today's conference call is being recorded. (Operator Instructions) Our hosts 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.

Michael Waddell
Robert Half Inc - President, Chief Executive Officer, Vice Chairman of the Board

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

These risks and uncertainties are described in today's press release and in our most recent 10âK and 10âQ filed with the SEC. We assume no obligation to update the

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