RCM TECHNOLOGIES, INC.
Business
RCM Technologies, Inc. is a provider of specialty healthcare staffing, engineering services, and life sciences, data & solutions across three reportable operating segments. The company deploys medical professionals, engineers, and IT consultants to healthcare institutions, utilities, aerospace/defense contractors, pharmaceutical firms, and Fortune 1000 companies. RCM operates through approximately 27 offices in North America and Europe, generating revenue from long-term and short-term staffing placements, project-based engineering and consulting services, and managed IT and data solutions.
Summary from 10-K filed 2026-04-03
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 | 319 | 278 | 263 | 285 | 204 | |
| Cost of services | 231 | 199 | 187 | 202 | 151 | |
| Gross profit | 88 | 80 | 77 | 83 | 53 | |
| Selling, general and administrative | 61 | 57 | 52 | 53 | 42 | |
| Depreciation and amortization of property and equipment | 2 | 1 | 1 | 995,000 | 1 | |
| Amortization of acquired intangible assets | 0 | 136,000 | 182,000 | 46,000 | 95,000 | |
| Impairment of intangible assets | 0 | 547,000 | 0 | — | — | |
| Potential stock issuance and financing transactions | 0 | 323,000 | 0 | — | — | |
| Remeasurement of contingent consideration | 0 | −2 | 0 | −88,000 | −2 | |
| Operating costs and expenses | 63 | 57 | 53 | 54 | 39 | |
| Operating income | 25 | 22 | 24 | 29 | 14 | |
| Interest expense and other, net | 3 | 2 | 1 | 370,000 | 365,000 | |
| Loss (gain) on foreign currency transactions | 352,000 | −80,000 | 98,000 | −52,000 | −195,000 | |
| Other expense, net | 3 | 2 | 1 | 318,000 | 222,000 | |
| Income before income taxes | 22 | 20 | 22 | 28 | 14 | |
| Income tax expense | 6 | 7 | 5 | 8 | 3 | |
| Net income | 16 | 13 | 17 | 21 | 11 | |
| Basic net earnings per share (in dollars per share) | 2.19 | 1.72 | 2.03 | 2.08 | 1 | |
| Diluted net earnings per share (in dollars per share) | 2.14 | 1.68 | 1.96 | 2 | 0.95 |
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 | 3 | 5 | 6 | 339,000 | 235,000 | |
| Accounts receivable and contract assets, net of provision for credit losses of $1,229 at January 3, 2026 and $1,570 December 8, 2024 | 81 | 78 | — | — | — | |
| Transit accounts receivable | 8 | 7 | 9 | 3 | 1 | |
| Prepaid expenses and other current assets | 8 | 7 | 5 | 5 | 2 | |
| Total current assets | 100 | 97 | 91 | 59 | 52 | |
| Property, Plant and Equipment, Net | 7 | 7 | 4 | 2 | 2 | |
| Deposits | 261,000 | 230,000 | 313,000 | 173,000 | 176,000 | |
| Deferred tax assets, foreign | 6,000 | 120,000 | 55,000 | 0 | 535,000 | |
| Goodwill | 22 | 22 | 22 | 22 | 16 | |
| Operating right of use asset | 5 | 5 | 3 | 4 | 2 | |
| Total other assets | 27 | 28 | 26 | 27 | 19 | |
| Total assets | 134 | 132 | 120 | 88 | 73 | |
| Accounts payable and accrued expenses | 10 | 13 | 12 | 14 | 9 | |
| Transit accounts payable | 16 | 24 | 31 | 10 | 2 | |
| Accrued payroll and related costs | 11 | 10 | 11 | 13 | 13 | |
| Finance lease payable | 843,000 | 698,000 | 233,000 | 462,000 | 437,000 | |
| Income taxes payable | 391,000 | 346,000 | 330,000 | 85,000 | 0 | |
| Operating right of use liability | 1 | 1 | 693,000 | 1 | 2 | |
| Contingent consideration from acquisitions | 0 | 212,000 | 300,000 | 472,000 | 103,000 | |
| Deferred revenue | 15 | 4 | 2 | 1 | 3 | |
| Total current liabilities | 54 | 54 | 58 | 40 | 30 | |
| Finance lease payable, net of current position | 380,000 | 1 | 0 | 232,000 | 502,000 | |
| Operating right of use liability, net of current position | 4 | 4 | 2 | 3 | 2 | |
| Borrowings under line of credit | 25 | 35 | 31 | 9 | 14 | |
| Total liabilities | 88 | 99 | 95 | 56 | 47 | |
| Contingencies (note 16) | — | — | — | — | — | |
| Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.05 par value; 40,000,000 shares authorized; 18,004,241 shares issued and 7,351,400 shares outstanding at January 3, 2026 and 17,838,372 shares issued and 7,602,113 shares outstanding at December 28, 2024 | 900,000 | 890,000 | 882,000 | 863,000 | 845,000 | |
| Additional paid-in capital | 122 | 119 | 117 | 114 | 111 | |
| Accumulated other comprehensive loss | −3 | −3 | −3 | −3 | −3 | |
| Retained earnings (accumulated deficit) | 10 | −6 | −19 | −36 | −57 | |
| Treasury stock, 10,652,841 shares at January 3, 2026 and 10,236,259 shares at December 28, 2024 | −85 | −77 | −70 | −44 | −26 | |
| Stockholders equity | 46 | 33 | 26 | 32 | 26 | |
| Total liabilities and stockholders equity | 134 | 132 | 120 | 88 | 73 |
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 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 2 | 1 | 1 | 1 | |
| Equity compensation expense from awards issued | 4 | 3 | 2 | 2 | 1 | |
| Change in provision for credit losses on accounts receivable | 906,000 | −31,000 | 656,000 | −1 | −208,000 | |
| Deferred income tax expense | 1 | 3 | 41,000 | 2 | 3 | |
| Change in operating right of use assets | 1 | 1 | 919,000 | 1 | 1 | |
| Accounts receivable and contract assets | −4 | −7 | — | — | — | |
| Prepaid expenses and other current assets | −676,000 | −2 | 3,000 | −2 | 2 | |
| Net of transit accounts receivable and payable | −8 | −6 | 16 | 5 | −1 | |
| Accounts payable and accrued expenses | −3 | 1 | −2 | 5 | 2 | |
| Accrued payroll and related costs | 848,000 | −1 | −2 | 24,000 | 149,000 | |
| Operating lease liabilities | −1 | −966,000 | −1 | −2 | −2 | |
| Income taxes payable | −36,000 | −34,000 | −242,000 | −276,000 | 436,000 | |
| Deferred revenue | 11 | 2 | 762,000 | −2 | 3 | |
| Deposits | −30,000 | 83,000 | −141,000 | 3,000 | −7,000 | |
| Total adjustments and changes in operating assets and liabilities | 3 | −7 | −4 | 7 | −10 | |
| Net cash provided by operating activities | 19 | 6 | 12 | 28 | 915,000 | |
| Property and equipment acquired | −2 | −3 | −3 | −889,000 | −568,000 | |
| Net cash used in investing activities | −2 | −3 | −3 | −5 | 6 | |
| Net (repayments) borrowings under line of credit | −10 | 4 | — | — | — | |
| Issuance of stock for employee stock purchase plan | 615,000 | 728,000 | 702,000 | 408,000 | 137,000 | |
| Retirement of common shares | −938,000 | −1 | 0 | — | — | |
| Changes in finance lease obligations | −850,000 | −602,000 | −463,000 | −508,000 | −415,000 | |
| Contingent payments - cash | −212,000 | 0 | −339,000 | −99,000 | −494,000 | |
| Purchase of treasury stock | −7 | −8 | −26 | −18 | −9 | |
| Net cash used in financing activities | −19 | −5 | −4 | −23 | −8 | |
| Decrease in cash | −2 | −2 | 6 | 104,000 | −499,000 | |
| Effect of exchange rate changes on cash | −139,000 | −325,000 | −149,000 | −232,000 | −151,000 | |
| Interest | 3 | 2 | 1 | 297,000 | 417,000 | |
| Income taxes | 6 | 5 | 4 | 5 | 1 | |
| Right of use assets in exchange for lease obligations | 745,000 | 3 | 33,000 | — | — | |
| Software purchased under finance lease | 222,000 | 2 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is RCM TECHNOLOGIES, INC.'s CIK number?
RCM TECHNOLOGIES, INC.'s SEC CIK number is 0000700841 (700841). 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 RCM TECHNOLOGIES, INC.'s SEC filings?
All of RCM TECHNOLOGIES, 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 RCM TECHNOLOGIES, INC. last report earnings?
RCM TECHNOLOGIES, INC. (RCMT) most recently filed an earnings 8-K with the SEC on Apr 3, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-011237). This is RCM TECHNOLOGIES, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is RCM TECHNOLOGIES, INC.'s most recent earnings 8-K?
RCM TECHNOLOGIES, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 3, 2026 under accession 0001437749-26-011237. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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