HireQuest Gross Margin Growth & History (HQI)

HireQuest's gross margin was 105.97% for fiscal 2021.

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HireQuest annual gross margin history

HireQuest annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20212021-12-31105.97%−1.98 pp
20202020-12-31107.94%+82.34 pp
20182018-12-2825.61%−0.32 pp
20172017-12-2925.93%+0.54 pp
20162016-12-3025.39%−1.28 pp
20152015-12-2526.67%−1.11 pp
20142014-12-2627.79%+1.92 pp
20132013-12-2725.86%+0.57 pp
20122012-12-2825.29%+2.53 pp
20112011-12-3022.76%−1.94 pp
20102010-12-3124.69%

HireQuest gross margin trends

Over the last five reported fiscal years, HireQuest's gross margin increased from 26.67% to 105.97%, a change of +79.29 percentage points. The latest reported quarter, Q3 2022, shows 111.02%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review HireQuest filings at SEC.gov ↗