<div id="readability-page-1"><div>Robert Half Inc., a global leader in professional staffing and consulting services, has released its 2025 10-K report, detailing the company's financial and operational performance over the past year. The report highlights significant changes in revenue, profitability, and strategic initiatives, as well as the challenges and risks faced by the company in a competitive and uncertain market environment. Financial Highlights <ul><li>Service Revenues: $5,378.5 million, a decrease of 7.2% from the prior year, reflecting ongoing macroeconomic uncertainty affecting client and candidate confidence.</li><li>Gross Margin: $2,002.3 million, down 10.9% from the previous year, impacted by a decrease in revenues across all segments.</li><li>Operating Income: $76.5 million, a decline of 68.3% compared to the previous year, primarily due to decreased revenues and increased selling, general, and administrative expenses as a percentage of revenues.</li><li>Net Income: $133.0 million, a decrease of 47.1% from the prior year, influenced by reduced operating income and higher provision for income taxes.</li><li>Net Income Per Share: $1.33, a decrease of 45.5% from the prior year, reflecting the overall decline in net income.</li></ul> Business Highlights <ul><li>Revenue Segments: Robert Half Inc. operates through three main segments: contract talent solutions, permanent placement talent solutions, and Protiviti. Contract talent solutions focus on providing professionals in finance, accounting, technology, marketing, creative, legal, and administrative support. Permanent placement talent solutions offer full-time personnel in similar fields. Protiviti provides consulting services in internal audit, risk, business, and technology.</li><li>Geographical Performance: The company conducts operations in the U.S. and 18 other countries for its talent solutions segments, while Protiviti operates in the U.S. and 13 foreign countries. In 2025, U.S. operations accounted for 77.6% of total revenue, while international operations contributed 22.4%. The international segment saw a 5.4% decrease in revenue, reflecting challenges in global markets.</li><li>Sales Units: The company placed approximately 94,300 engagement professionals on assignments in 2025, indicating a significant scale of operations in providing contract talent solutions.</li><li>New Product Launches: In 2022, Robert Half unified its brand structure under the Robert Half name, simplifying its go-to-market strategy and enhancing brand awareness. This strategic move allows for future flexibility in expanding functional specializations.</li><li>Future Outlook: The company is investing in technology and innovation, particularly in AI, to enhance its digital experience for clients and candidates. Protiviti is also integrating AI into its offerings to improve its AI infrastructure. The company anticipates continued demand for its services, driven by global economic and labor trends, and is positioning itself to leverage these opportunities.</li></ul> Strategic Initiatives <ul><li>Technology and Innovation: The company is investing in technology and innovation, particularly in AI, to enhance its digital experience for clients and candidates. It is also leveraging proprietary data assets to improve AI tools for talent discovery and client engagement. Protiviti is integrating AI into its offerings and enhancing its AI infrastructure.</li><li>Capital Management: The company repurchased 1.7 million shares for $80 million in 2025 and paid $238 million in dividends. It entered a $100 million credit agreement maturing in 2030, with no borrowings as of year-end 2025. The company maintains $10.1 million in standby letters of credit. Cash and cash equivalents were $464 million at year-end 2025, with operating activities providing $320 million in cash.</li><li>Future Outlook: The company expects capital expenditures in 2026 to range from $70 million to $90 million, focusing on software initiatives and technology infrastructure. It plans to continue repurchasing shares and paying dividends, supported by internally generated cash. The company announced a quarterly dividend of $0.59 per share to be paid in March 2026.</li></ul> Challenges and Risks <ul><li>Competitive Environment: The company operates in a highly competitive environment, facing significant competition from both large and small firms, including the 'Big Four' accounting firms. The company’s success is heavily reliant on its ability to attract and retain skilled personnel, which is challenging in a competitive labor market.</li><li>AI and Technology: The company is expanding its use of AI technologies, which introduces operational challenges, legal liabilities, and reputational risks.</li><li>Economic and Geopolitical Risks: The company faces several risks related to its business environment, including economic downturns, geopolitical events, and regulatory changes. The ongoing war between Russia and Ukraine, unrest in the Middle East, and political instability in South America contribute to market uncertainty.</li><li>International Operations: Operating internationally exposes the company to political, economic, and regulatory risks, including foreign currency fluctuations.</li><li>Sustainability and ESG: The company’s commitment to sustainability and ESG initiatives presents reputational risks if expectations are not met.</li><li>Legal and Cybersecurity Risks: Legal liabilities from employee and client interactions, cybersecurity risks, and compliance with evolving regulations are ongoing concerns.</li><li>Market Sensitivity: The company’s financial performance is affected by macroeconomic conditions, including unemployment rates and economic growth. The company’s revenue is sensitive to economic and labor market conditions, and visibility into future revenues is limited due to the short duration of client engagements.</li><li>Regulatory Changes: The company is exposed to risks from changes in tax laws and regulations, which could impact its financial results.</li></ul>SEC Filing: ROBERT HALF INC. [ RHI ] - 10-K - Feb. 13, 2026</div></div>

Robert Half Inc. has released its 2025 10-K report, revealing a 7.2% decrease in service revenues to $5,378.5 million and a 68.3% decline in operating income to $76.5 million. The report highlights challenges in a competitive market, with U.S. operations contributing 77.6% of total revenue. The company is investing in AI and technology to enhance services and plans to continue share repurchases and dividends. However, it faces risks from economic downturns, geopolitical events, and regulatory changes.

ROBERT HALF INC. SEC 10-K Report