KFORCE INC
Business
Kforce Inc. is a professional staffing and solutions firm specializing in technology, finance & accounting, and other skilled talent placement. The company provides consultants on temporary flex assignments, permanent direct hire placements, and solutions-oriented engagements where it delivers defined outcomes. Kforce serves Fortune 500 and leading companies across financial services, communications, insurance, retail, technology, healthcare, and manufacturing sectors, with the majority of revenues from technology staffing and solutions. The company operates through two reportable segments—Technology and Finance & Accounting—and maintains an onshore U.S. delivery model complemented by nearshore relationships and a recently established offshore development center in Pune, India.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 1,329 | 1,405 | 1,532 | 1,711 | 1,580 | |
| Direct costs | 968 | 1,020 | 1,105 | 1,210 | 1,123 | |
| Gross profit | 361 | 385 | 427 | 501 | 457 | |
| Selling, general and administrative expenses | 306 | 310 | 335 | 380 | 346 | |
| Depreciation and amortization | 6 | 6 | 5 | 4 | 5 | |
| Income from operations | 50 | 70 | 87 | 117 | 107 | |
| Other expense, net | 3 | 2 | 2 | 14 | 7 | |
| Income before income taxes | 47 | 68 | 85 | 102 | 99 | |
| Deferred tax expense (benefit): | 12 | 17 | 24 | 27 | 24 | |
| Net income | 35 | 50 | 61 | 75 | 75 | |
| Weighted average shares outstanding - basic (in shares) | 18 | 19 | 19 | 20 | 21 | |
| Weighted average shares outstanding diluted (in shares) | 18 | 19 | 20 | 21 | 21 | |
| Earnings per share basic (in dollars per share) | 1.97 | 2.71 | 3.18 | 3.76 | 3.65 | |
| Diluted (in dollars per share) | 1.96 | 2.68 | 3.13 | 3.68 | 3.54 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 349,000 | 119,000 | 121,000 | 97 | |
| Trade receivables, net of allowances of $1,248 and $1,560, respectively | 190 | 216 | 233 | 269 | 265 | |
| Prepaid expenses and other current assets | 10 | 9 | 11 | 8 | 7 | |
| Total current assets | 202 | 225 | 244 | 278 | 372 | |
| Fixed assets, net | 6 | 8 | 9 | 9 | 6 | |
| Other assets, net | 129 | 95 | 76 | 76 | 93 | |
| Deferred tax assets, net | 3 | 5 | 3 | 5 | 8 | |
| Goodwill | 25 | 25 | 25 | 25 | 25 | |
| Total assets | 366 | 358 | 358 | 392 | 503 | |
| Accounts payable and other accrued liabilities | 68 | 62 | 65 | 73 | 81 | |
| Accrued payroll costs | 42 | 39 | 34 | 48 | 71 | |
| Current portion of operating lease liabilities | 3 | 3 | 4 | 5 | 6 | |
| Income taxes payable | 451,000 | 9 | 623,000 | 6 | 1 | |
| Total current liabilities | 114 | 112 | 103 | 131 | 160 | |
| Long-Term Line of Credit, Noncurrent | 66 | 33 | 42 | 26 | 100 | |
| Other long-term liabilities | 61 | 58 | 54 | 53 | 55 | |
| Total liabilities | 241 | 203 | 199 | 210 | 315 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred stock, $0.01 par value; 15,000 shares authorized, none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value; 250,000 shares authorized, 74,244 and 73,835 issued, respectively | 742,000 | 738,000 | 734,000 | 732,000 | 730,000 | |
| Additional paid-in capital | 558 | 543 | 527 | 508 | 488 | |
| Retained earnings | 552 | 546 | 525 | 493 | 443 | |
| Treasury stock, at cost; 55,891 and 54,619 shares, respectively | −987 | −935 | −894 | −819 | −744 | |
| Total stockholders equity | 125 | 155 | 159 | 182 | 188 | |
| Total liabilities and stockholders equity | 366 | 358 | 358 | 392 | 503 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred income tax provision, net | 2 | −2 | 2 | 3 | 2 | |
| Provision for credit losses | 5,000 | 100,000 | 768,000 | −126,000 | 11,000 | |
| Depreciation and amortization | 6 | 6 | 5 | 4 | 5 | |
| Stock-based compensation expense | 14 | 14 | 18 | 18 | 14 | |
| Noncash lease expense | 4 | 4 | 4 | 6 | 6 | |
| Loss on equity method investment | 0 | 0 | 750,000 | 4 | 2 | |
| Other | 1 | −395,000 | 724,000 | 141,000 | −893,000 | |
| Trade receivables, net | 25 | 18 | 35 | −4 | −37 | |
| Increase (Decrease) in Other Operating Assets | −20 | −9 | −1 | −9 | −10 | |
| Accrued payroll costs | 4 | 6 | −13 | −22 | 6 | |
| Other liabilities | −8 | 475,000 | −21 | 20 | 8 | |
| Cash provided by operating activities | 62 | 87 | 91 | 91 | 73 | |
| Capital expenditures | −15 | −8 | −8 | −8 | −6 | |
| Premiums paid for company-owned life insurance | 1 | 2 | 0 | 1 | 0 | |
| Proceeds from Divestiture of Interest in Joint Venture | 0 | 0 | 5 | 0 | 0 | |
| Payments for (Proceeds from) Life Insurance Policies | −686,000 | −2 | −1 | 0 | — | |
| Note receivable issued to our joint venture | 0 | 0 | −750,000 | −7 | 0 | |
| Cash used in investing activities | −14 | −8 | −5 | −14 | 8 | |
| Proceeds from credit facility | 441 | 301 | 594 | 38 | 0 | |
| Payments on credit facility | −407 | −310 | −578 | −113 | 0 | |
| Repurchases of common stock | −51 | −42 | −75 | −75 | −66 | |
| Cash dividends | −27 | −28 | −28 | −24 | −20 | |
| Other | −1 | −6,000 | −19,000 | −51,000 | — | |
| Cash used in financing activities | −46 | −79 | −87 | −173 | −88 | |
| Change in cash and cash equivalents | 2 | 230,000 | −2,000 | −97 | −6 | |
| Income Taxes, net | 20 | 10 | 29 | 17 | — | |
| Operating lease liabilities | 5 | 5 | 5 | 7 | 7 | |
| Interest, net | 4 | 2 | 897,000 | 885,000 | 2 | |
| ROU assets obtained from operating leases | 5 | 3 | 4 | 10 | 5 | |
| Unsettled repurchases of common stock | 200,000 | 260,000 | 920,000 | 974,000 | 181,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is KFORCE INC's CIK number?
KFORCE INC's SEC CIK number is 0000930420 (930420). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find KFORCE INC's SEC filings?
All of KFORCE INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did KFORCE INC last report earnings?
KFORCE INC (KFRC) most recently filed an earnings 8-K with the SEC on Apr 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000930420-26-000031). This is KFORCE INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is KFORCE INC's most recent earnings 8-K?
KFORCE INC's latest earnings 8-K (Item 2.02) was filed Apr 27, 2026 under accession 0000930420-26-000031. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View KFORCE INC's latest earnings 8-K →
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