KFORCE INC KFRC
Kforce Inc., along with its subsidiaries (collectively, "Kforce"), is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. Through our KNOWLEDGEforce®, we help industry-leading companies realize their digital transformation initiatives. We assemble and deploy teams of skilled technical experts who design and deliver solutions tailored to the unique requirements of each client. These scalable and flexible solutions are shaped by our deep market insight, thought leadership and broad experience across multiple industries.
Our integrated approach is rooted in more than 60 years of proven success providing highly skilled professionals on a temporary ("Flex") basis, whether through traditional staffing assignments or solutions-oriented engagements where we are responsible for delivering defined outcomes. We also support our clients by placing highly skilled professionals in permanent ("Direct Hire") roles. Each year, approximately 17,000 talented experts work with Fortune 500 and other leading companies, enabling us to achieve Great Results Through Strategic Partnership and Knowledge Sharing®.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Technology
- FA
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Technology | $1.23B | $1.29B | $1.38B |
| FA | $98.7M | $112.6M | $147.2M |
As the company reported it, from the “Reportable Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.41B | $1.53B | $1.71B | $1.58B | $1.40B | $1.35B | $1.30B | $1.25B | $1.32B |
| Cost of revenue | $967.6M | $1.02B | $1.10B | $1.21B | $1.12B | $1.00B | $952.3M | $917.5M | $878.0M | $911.2M |
| Gross profit | $361.4M | $385.4M | $427.1M | $501.1M | $456.9M | $396.2M | $395.0M | $386.5M | $375.6M | $408.5M |
| SG&A | $305.7M | $309.8M | $334.9M | $379.8M | $345.7M | $310.7M | $314.2M | $307.2M | $308.3M | $340.7M |
| Total operating expenses | — | — | $341.8M | $398.7M | $357.6M | $321.0M | $323.6M | $318.6M | $320.7M | $352.5M |
| Operating income | $50.1M | $69.7M | $87.1M | $116.9M | $106.6M | $80.3M | $74.8M | $72.4M | $60.0M | $59.1M |
| Pre-tax income | $46.9M | $67.6M | $85.2M | $102.4M | $99.3M | $75.2M | $71.4M | $67.9M | $54.9M | $56.0M |
| Income tax | $12.1M | $17.2M | $24.2M | $27.0M | $24.1M | $19.2M | $16.8M | $17.0M | $25.3M | $23.2M |
| Net income | $34.8M | $50.4M | $61.1M | $75.4M | $75.2M | $56.0M | $130.9M | $58.0M | $33.3M | $32.8M |
| EPS, basic | 1.97 | 2.71 | 3.18 | 3.76 | 3.65 | 2.67 | 5.64 | 2.34 | 1.32 | 1.26 |
| EPS, diluted | 1.96 | 2.68 | 3.13 | 3.68 | 3.54 | 2.62 | 5.50 | 2.30 | 1.30 | 1.25 |
| Shares, diluted (wtd. avg.) | 17.8M | 18.8M | 19.5M | 20.5M | 21.2M | 21.4M | 23.8M | 25.3M | 25.6M | 26.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.1M | $349.0K | $119.0K | $121.0K | $97.0M | $103.5M | $19.8M | $112.0K | $379.0K | $1.5M |
| Receivables | $190.5M | $215.7M | $233.4M | $269.5M | $265.3M | $228.4M | $217.9M | $210.6M | $225.9M | $206.4M |
| Total current assets | $202.3M | $225.4M | $244.5M | $277.8M | $372.1M | $338.9M | $245.2M | $248.5M | $245.4M | $218.7M |
| Property, plant and equipment | $6.0M | $7.7M | $9.4M | $8.6M | $6.0M | $26.8M | $30.0M | $34.3M | $39.7M | $43.1M |
| Goodwill | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $25.0M | $46.0M |
| Other intangibles | — | — | — | — | — | — | — | $3.0M | $3.3M | $3.6M |
| Total assets | $365.6M | $357.8M | $358.0M | $392.0M | $503.4M | $479.0M | $381.1M | $379.9M | $384.3M | $365.4M |
| Accounts payable | $40.2M | $38.3M | $42.8M | $49.6M | $40.2M | $20.2M | $20.3M | $18.8M | $21.6M | $20.3M |
| Total current liabilities | $113.7M | $112.5M | $103.0M | $131.4M | $160.4M | $108.2M | $85.0M | $90.4M | $83.7M | $83.4M |
| Total liabilities | $241.0M | $203.2M | $198.9M | $209.8M | $315.0M | $299.1M | $213.9M | $211.6M | $250.0M | $243.7M |
| Retained earnings | $552.2M | $546.2M | $525.2M | $492.8M | $442.6M | $388.6M | $350.5M | $237.3M | $195.1M | $175.0M |
| Total equity | $124.6M | $154.6M | $159.1M | $182.2M | $188.4M | $179.9M | $167.3M | $168.3M | $134.3M | $121.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $61.6M | $86.9M | $91.5M | $90.8M | $72.9M | $109.2M | $66.6M | $87.7M | $29.3M | $39.8M |
| Depreciation and amortisation | $5.5M | $5.9M | $5.0M | $4.4M | $4.5M | $5.3M | $6.5M | $8.3M | $8.5M | $8.8M |
| Stock-based compensation | $13.7M | $14.0M | $17.7M | $17.7M | $14.0M | $11.6M | $9.9M | $8.8M | $7.6M | $6.7M |
| Capital expenditure | $14.8M | $7.6M | $7.8M | $8.1M | $6.4M | $6.5M | $10.4M | $5.2M | $5.8M | $12.4M |
| Investing cash flow | -$14.1M | -$7.6M | -$4.9M | -$14.3M | $8.3M | -$6.9M | $103.2M | -$4.2M | -$4.8M | -$12.4M |
| Financing cash flow | -$45.7M | -$79.1M | -$86.6M | -$173.4M | -$87.7M | -$18.6M | -$150.1M | -$83.8M | -$25.6M | -$27.4M |
| Dividends paid | $27.5M | $28.2M | $27.6M | $24.0M | $20.1M | $16.8M | $16.6M | $14.9M | $12.1M | $12.4M |
| Buybacks | $50.9M | $41.9M | $75.0M | $74.9M | $66.2M | $35.6M | $124.5M | $22.2M | $14.6M | $46.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000930420-26-000007.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.25B | $1.30B | $1.35B | $1.40B | $1.58B | $1.71B | $1.53B | $1.41B | $1.33B |
| Gross profit | $408.5M | $375.6M | $386.5M | $395.0M | $396.2M | $456.9M | $501.1M | $427.1M | $385.4M | $361.4M |
| Net income | $32.8M | $33.3M | $58.0M | $130.9M | $56.0M | $75.2M | $75.4M | $61.1M | $50.4M | $34.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
- Results announced Item 2.02
- Other event Item 8.01
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7363
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| RHI | ROBERT HALF INC. | $4.70B | 34.5x | -7.2% |
| MAN | ManpowerGroup Inc. | $2.21B | — | 0.6% |
| NSP | INSPERITY, INC. | $2.08B | — | 3.5% |
| AMN | AMN HEALTHCARE SERVICES INC | $1.86B | — | -8.5% |
| EFOR | Everforth Inc | $1.79B | 16.8x | -2.9% |
| BBSI | BARRETT BUSINESS SERVICES INC | $805.1M | 16.0x | 8.4% |
| KELYA | KELLY SERVICES INC | $582.6M | — | -1.9% |
| TBI | TrueBlue, Inc. | $284.4M | — | 3.1% |