Kforce (KFRC) financial statements
Kforce reported revenue of $1.3B in fiscal 2025, up 0.1% a year over 9 years.
Net income was $35M and the operating margin 3.8%, against 4.5% in 2016.
Free cash flow was $47M, and the company returned $27M in dividends and $51M in net buybacks.
The diluted share count fell 32% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kforce's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | $1.3B | $1.4B | $1.6B | $1.7B | $1.5B | $1.4B | $1.3B |
| Cost of revenue | $911M | $878M | $917M | $952M | $1.0B | $1.1B | $1.2B | $1.1B | $1.0B | $968M |
| Gross profit | $408M | $376M | $386M | $395M | $396M | $457M | $501M | $427M | $385M | $361M |
| Selling, general and admin | $341M | $308M | $307M | $314M | $311M | $346M | $380M | $335M | $310M | $306M |
| Operating income | $59M | $60M | $72M | $75M | $80M | $107M | $117M | $87M | $70M | $50M |
| Pre-tax income | $56M | $55M | $68M | $71M | $75M | $99M | $102M | $85M | $68M | $47M |
| Income tax | $23M | $25M | $17M | $17M | $19M | $24M | $27M | $24M | $17M | $12M |
| Net income | $33M | $33M | $58M | $131M | $56M | $75M | $75M | $61M | $50M | $35M |
| EPS (diluted) | $1.25 | $1.30 | $2.30 | $5.50 | $2.62 | $3.54 | $3.68 | $3.13 | $2.68 | $1.96 |
| Diluted shares | 26M | 26M | 25M | 24M | 21M | 21M | 21M | 20M | 19M | 18M |
| Gross margin | 31.0% | 30.0% | 29.6% | 29.3% | 28.3% | 28.9% | 29.3% | 27.9% | 27.4% | 27.2% |
| Operating margin | 4.5% | 4.8% | 5.6% | 5.6% | 5.7% | 6.7% | 6.8% | 5.7% | 5.0% | 3.8% |
| Net margin | 2.5% | 2.7% | 4.4% | 9.7% | 4.0% | 4.8% | 4.4% | 4.0% | 3.6% | 2.6% |
Balance sheet
Fiscal years, from Kforce's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1M | $379,000 | $112,000 | $20M | $103M | $97M | $121,000 | $119,000 | $349,000 | $2M |
| Receivables | $206M | $226M | $211M | $218M | $228M | $265M | $269M | $233M | $216M | $190M |
| Total current assets | $219M | $245M | $248M | $245M | $339M | $372M | $278M | $244M | $225M | $202M |
| Property, plant and equipment | $43M | $40M | $34M | $30M | $27M | $6M | $9M | $9M | $8M | $6M |
| Goodwill | $46M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M |
| Total assets | $365M | $384M | $380M | $381M | $479M | $503M | $392M | $358M | $358M | $366M |
| Total current liabilities | $83M | $84M | $90M | $85M | $108M | $160M | $131M | $103M | $112M | $114M |
| Total liabilities | $244M | $250M | $212M | $214M | $299M | $315M | $210M | $199M | $203M | $241M |
| Shareholders' equity | $122M | $134M | $168M | $167M | $180M | $188M | $182M | $159M | $155M | $125M |
| Net debt | -$1M | -$379,000 | -$112,000 | -$20M | -$103M | -$97M | -$121,000 | -$119,000 | -$349,000 | -$2M |
Cash flow
Fiscal years, from Kforce's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $40M | $29M | $88M | $67M | $109M | $73M | $91M | $91M | $87M | $62M |
| Capital spending | $12M | $6M | $5M | $10M | $6M | $6M | $8M | $8M | $8M | $15M |
| Free cash flow | $27M | $23M | $83M | $56M | $103M | $66M | $83M | $84M | $79M | $47M |
| Stock-based compensation | $7M | $8M | $9M | $10M | $12M | $14M | $18M | $18M | $14M | $14M |
| Dividends paid | $12M | $12M | $15M | $17M | $17M | $20M | $24M | $28M | $28M | $27M |
| Share buybacks (net) | -$46M | -$15M | -$22M | -$124M | -$36M | -$66M | -$75M | -$75M | -$42M | -$51M |
| Free cash flow margin | 2.1% | 1.9% | 6.3% | 4.2% | 7.3% | 4.2% | 4.8% | 5.5% | 5.6% | 3.5% |
| Dividends per share | $0.47 | $0.47 | $0.59 | $0.70 | $0.78 | $0.95 | $1.17 | $1.41 | $1.50 | $1.55 |
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Open KFRC in InvestinglyQuestions
What was Kforce's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Kforce generate?
$47M in fiscal 2025 (operating cash flow minus capital spending).
From Kforce's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.