Heidrick & Struggles International, Inc. (HSII) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 322.84M | 321.91M | 287.44M | 280.89M | 282.81M | 282.88M | 269.1M | 257.39M | 267.9M | 273.78M | 242.12M | 238.67M | 258.27M | 301.11M | 285.54M | 287.19M | 265.31M | 261.24M | 194.73M | 162.19M |
| Revenue Growth % | 14.15% | 13.8% | 6.82% | 9.13% | 5.57% | 3.32% | 11.14% | 7.84% | 3.73% | -9.08% | -15.21% | -16.9% | -2.66% | 15.26% | 46.63% | 77.08% | 83.61% | 76.71% | 11.37% | -12.16% |
| Cost of Goods Sold | 255.48M | 243.8M | 219.53M | 211.09M | 214.06M | 207.59M | 201.84M | 181.26M | 197.9M | 204.22M | 181.69M | 174.31M | 189.27M | 225.09M | 219.43M | 222.06M | 204.59M | 200.73M | 142.82M | 120.78M |
| COGS % of Revenue | 79.14% | 75.73% | 76.38% | 75.15% | 75.69% | 73.38% | 75.01% | 70.42% | 73.87% | 74.59% | 75.04% | 73.04% | 73.28% | 74.75% | 76.85% | 77.32% | 77.11% | 76.84% | 73.34% | 74.47% |
| Gross Profit | 67.36M | 78.11M | 67.91M | 69.8M | 68.76M | 75.29M | 67.25M | 76.13M | 70M | 69.56M | 60.43M | 64.36M | 69M | 76.02M | 66.1M | 65.14M | 60.73M | 60.51M | 51.91M | 41.4M |
| Gross Margin % | 20.86% | 24.27% | 23.62% | 24.85% | 24.31% | 26.62% | 24.99% | 29.58% | 26.13% | 25.41% | 24.96% | 26.96% | 26.71% | 25.25% | 23.15% | 22.68% | 22.89% | 23.16% | 26.66% | 25.53% |
| Gross Profit Growth % | -2.04% | 3.75% | 0.97% | -8.32% | -1.77% | 8.24% | 11.29% | 18.3% | 1.45% | -8.51% | -8.59% | -1.19% | 13.62% | 25.64% | 27.34% | 57.32% | 52.81% | 43.85% | -3.43% | -24.39% |
| Operating Expenses | 48.2M | 52.88M | 51.68M | 93.44M | 49.68M | 79.47M | 50.98M | 54.27M | 47.86M | 55.97M | 42.66M | 44.51M | 40.67M | 42.16M | 35.87M | 48.53M | 27.38M | 31.8M | 32.3M | 32.87M |
| OpEx % of Revenue | 14.93% | 16.43% | 17.98% | 33.27% | 17.57% | 28.09% | 18.94% | 21.08% | 17.87% | 20.44% | 17.62% | 18.65% | 15.75% | 14% | 12.56% | 16.9% | 10.32% | 12.17% | 16.59% | 20.26% |
| Selling, General & Admin | 41.78M | 42.18M | 41.42M | 39.44M | 39.74M | 46.45M | 41.36M | 44.09M | 37.56M | 40.51M | 34.33M | 38.44M | 32.19M | 35.2M | 31.47M | 48.53M | 30.64M | 28.61M | 28.44M | 28.61M |
| SG&A % of Revenue | 12.94% | 13.1% | 14.41% | 14.04% | 14.05% | 16.42% | 15.37% | 17.13% | 14.02% | 14.8% | 14.18% | 16.11% | 12.46% | 11.69% | 11.02% | 16.9% | 11.55% | 10.95% | 14.61% | 17.64% |
| Research & Development | 6.42M | 6.04M | 6.39M | 6.05M | 5.68M | 5.61M | 5.71M | 5.95M | 5.56M | 5.66M | 5.53M | 6.07M | 5.4M | 4.54M | 4.4M | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 1.99% | 1.88% | 2.22% | 2.15% | 2.01% | 1.98% | 2.12% | 2.31% | 2.08% | 2.07% | 2.28% | 2.54% | 2.09% | 1.51% | 1.54% | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 0 | 0 | -1000K | 1000K | 1000K | 1000K |
| Operating Income | 19.16M | 25.23M | 16.23M | -23.64M | 19.08M | -4.18M | 16.27M | 21.86M | 22.14M | 13.59M | 17.77M | 19.85M | 28.32M | 33.87M | 30.23M | 16.61M | 33.34M | 28.71M | 19.61M | 8.54M |
| Operating Margin % | 5.94% | 7.84% | 5.65% | -8.42% | 6.75% | -1.48% | 6.05% | 8.49% | 8.26% | 4.96% | 7.34% | 8.32% | 10.97% | 11.25% | 10.59% | 5.78% | 12.57% | 10.99% | 10.07% | 5.26% |
| Operating Income Growth % | 0.41% | 703.16% | -0.28% | -208.15% | -13.8% | -130.79% | -8.42% | 10.17% | -21.84% | -59.89% | -41.22% | 19.5% | -15.06% | 17.98% | 54.18% | 94.52% | 187.21% | 219.68% | 8.02% | -40.27% |
| EBITDA | 24.54M | 30.25M | 21.07M | -18.44M | 24.03M | -273K | 21.06M | 26.94M | 26.88M | 18.4M | 21.64M | 22.63M | 30.91M | 36.49M | 32.85M | 19.59M | 37.88M | 34.68M | 25.68M | 14.56M |
| EBITDA Margin % | 7.6% | 9.4% | 7.33% | -6.56% | 8.5% | -0.1% | 7.83% | 10.47% | 10.03% | 6.72% | 8.94% | 9.48% | 11.97% | 12.12% | 11.51% | 6.82% | 14.28% | 13.28% | 13.19% | 8.97% |
| EBITDA Growth % | 2.13% | 11178.75% | 0.05% | -168.44% | -10.59% | -101.48% | -2.68% | 19.07% | -13.03% | -49.56% | -34.12% | 15.48% | -18.4% | 5.21% | 27.95% | 34.6% | 271.68% | 258.68% | 25.32% | -12.75% |
| D&A (Non-Cash Add-back) | 5.38M | 5.01M | 4.85M | 5.21M | 4.95M | 3.91M | 4.79M | 5.08M | 4.74M | 4.82M | 3.87M | 2.78M | 2.58M | 2.62M | 2.62M | 2.98M | 4.53M | 5.97M | 6.07M | 6.02M |
| EBIT | 26.48M | 25.23M | 17.65M | 19.61M | 19.08M | 18.98M | 16.27M | 21.86M | 22.14M | 20.83M | 17.77M | 19.85M | 28.32M | 33.87M | 30.23M | 16.61M | 30.08M | 31.9M | 23.47M | 12.79M |
| Net Interest Income | 3.44M | 2.64M | 3.96M | 5.15M | 2.57M | 0 | 4.09M | 3.95M | 2.5M | 1.91M | 3.25M | 3.67M | 1.25M | 299K | 110K | 95K | 90K | 35K | 82K | 44K |
| Interest Income | 3.44M | 2.64M | 3.96M | 5.15M | 2.57M | 0 | 4.09M | 3.95M | 2.5M | 1.91M | 3.25M | 3.67M | 1.25M | 299K | 110K | 95K | 90K | 35K | 82K | 44K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 7.32M | 5.92M | 1.39M | 10.84M | 2.02M | 3.61M | 6.66M | 3.11M | 1.86M | 3.29M | 5.06M | 3.05M | 1.21M | 1.07M | -2.36M | 1.3M | 235K | 3.07M | 3.16M | 3.51M |
| Pretax Income | 26.48M | 31.14M | 17.62M | -12.8M | 21.1M | -574K | 22.93M | 24.97M | 23.99M | 16.88M | 22.83M | 22.89M | 29.53M | 34.94M | 27.87M | 17.91M | 33.58M | 31.77M | 22.77M | 12.05M |
| Pretax Margin % | 8.2% | 9.68% | 6.13% | -4.56% | 7.46% | -0.2% | 8.52% | 9.7% | 8.96% | 6.16% | 9.43% | 9.59% | 11.44% | 11.6% | 9.76% | 6.23% | 12.66% | 12.16% | 11.69% | 7.43% |
| Income Tax | 8.84M | 10.07M | 4.31M | 2.17M | 6.27M | 4.58M | 8.9M | 10.12M | 9.01M | 7.89M | 7.24M | 6.85M | 8.71M | 10.79M | 9.4M | 5.43M | 9.08M | 11.01M | 7.94M | 6.51M |
| Effective Tax Rate % | 33.36% | 32.34% | 24.47% | -16.98% | 29.71% | -798.43% | 38.81% | 40.52% | 37.54% | 46.77% | 31.73% | 29.91% | 29.48% | 30.88% | 33.74% | 30.32% | 27.04% | 34.65% | 34.87% | 54.04% |
| Net Income | 17.65M | 21.07M | 13.31M | -14.98M | 14.83M | -5.16M | 14.03M | 14.86M | 14.99M | 8.98M | 15.59M | 16.04M | 20.83M | 24.15M | 18.47M | 12.48M | 24.5M | 20.77M | 14.83M | 5.54M |
| Net Margin % | 5.47% | 6.55% | 4.63% | -5.33% | 5.24% | -1.82% | 5.21% | 5.77% | 5.59% | 3.28% | 6.44% | 6.72% | 8.06% | 8.02% | 6.47% | 4.34% | 9.23% | 7.95% | 7.62% | 3.41% |
| Net Income Growth % | 19% | 508.63% | -5.17% | -200.81% | -1.05% | -157.41% | -9.97% | -7.41% | -28.04% | -62.81% | -15.6% | 28.59% | -14.99% | 16.3% | 24.51% | 125.3% | 193.58% | 180.69% | 71.15% | -47.53% |
| Net Income (Continuing) | 17.65M | 21.07M | 13.31M | -14.98M | 14.83M | -5.16M | 14.03M | 14.86M | 14.99M | 8.98M | 15.59M | 16.04M | 20.83M | 24.15M | 18.47M | 12.48M | 24.5M | 20.77M | 14.83M | 5.54M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.83 | 0.99 | 0.62 | -0.71 | 0.71 | -0.25 | 0.67 | 0.72 | 0.73 | 0.44 | 0.76 | 0.78 | 1.02 | 1.19 | 0.90 | 0.61 | 1.21 | 1.03 | 0.74 | 0.28 |
| EPS Growth % | 16.9% | 496% | -7.46% | -198.61% | -2.74% | -156.82% | -11.84% | -7.69% | -28.43% | -63.03% | -15.56% | 27.87% | -15.7% | 15.53% | 21.62% | 117.86% | 189.63% | 177.44% | 68.18% | -48.15% |
| EPS (Basic) | 0.85 | 1.02 | 0.65 | -0.73 | 0.73 | -0.25 | 0.70 | 0.74 | 0.75 | 0.45 | 0.76 | 0.81 | 1.05 | 1.22 | 0.94 | 0.64 | 1.25 | 1.06 | 0.77 | 0.29 |
| Diluted Shares Outstanding | 21.32M | 21.21M | 21.32M | 21.13M | 21.02M | 20.26M | 21.04M | 20.67M | 20.55M | 20.64M | 20.57M | 20.5M | 20.41M | 20.31M | 20.51M | 20.3M | 20.24M | 20.11M | 20.17M | 19.86M |
| Basic Shares Outstanding | 21.26M | 20.65M | 20.46M | 20.29M | 20.36M | 20.26M | 20.14M | 20.12M | 20.08M | 20.01M | 19.9M | 19.86M | 19.82M | 19.73M | 19.62M | 19.59M | 19.57M | 19.51M | 19.39M | 19.36M |
| Dividend Payout Ratio | 17.63% | 15.43% | 24.02% | - | 21.65% | - | 22.92% | 20.33% | 20.11% | 33.43% | 19.29% | 19.47% | 14.98% | 12.85% | 15.92% | 22.29% | 11.68% | 14.41% | 19.59% | 54.97% |