Loading...
•
Nov 29, 2025
Resources Connection Q2 2026 Earnings Report
Resources Connection reported a net loss in Q2 2026 as revenue and gross profit declined amid restructuring and CEO transition costs.
Key Takeaways
RGP posted a Q2 net loss of $12.7 million on $117.7 million in revenue. The company experienced declines across key segments, especially Consulting, and implemented cost-cutting measures including a reduction in force. Adjusted EPS was $0.06.
Revenue fell to $117.7 million, impacted by lower billable hours across segments.
Net loss was $12.7 million due to restructuring and CEO transition costs.
Adjusted EBITDA was $4.0 million, down from $9.7 million YoY.
Consulting and On-Demand Talent segments saw the sharpest declines in revenue.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Management plans to realign the cost structure and evolve On-Demand and Consulting offerings to improve financial performance amid current market challenges.
Positive Outlook
- Strong balance sheet maintained despite challenges
- Improvement in U.S. average bill rates
- Continued focus on value-based pricing strategy
- Higher billable hours in Europe due to project extensions
- Reduction in SG&A through workforce optimization
Challenges Ahead
- Revenue continued to decline across key segments
- Gross margin impacted by higher healthcare costs and lower utilization
- Significant net loss due to restructuring and CEO transition costs
- Consulting segment saw a 28.8% revenue drop YoY
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...