RESOURCES CONNECTION, INC.
Business
Resources Global Professionals (RGP) is a professional services firm delivering flexible consulting, on-demand resourcing, and fully outsourced services to address client transformation, compliance, and execution needs. The company offers project consulting, on-demand talent placement, outsourced finance and HR services, and crisis communications through its Sitrick subsidiary. RGP serves over 1,600 clients across 32 countries through 41 physical offices and multiple virtual locations, operating four reportable business segments focused on different service delivery models and geographies.
Summary from 10-K filed 2025-07-28
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-05-31 | FY 2024 2024-05-31 | FY 2023 2023-05-31 | FY 2022 2022-05-31 | FY 2021 2021-05-31 |
|---|---|---|---|---|---|---|
| Revenue | 551 | 633 | 776 | 805 | 630 | |
| Direct cost of services | 344 | 387 | 463 | 488 | 388 | |
| Gross profit | 207 | 246 | 313 | 317 | 241 | |
| Selling, general and administrative expenses | 202 | 209 | 229 | 225 | 209 | |
| Goodwill impairment | 194 | 0 | 3 | 0 | — | |
| Amortization expense | 6 | 5 | 5 | 5 | 5 | |
| Depreciation expense | 2 | 3 | 4 | 4 | 4 | |
| Income (loss) from operations | −197 | 29 | 73 | 83 | 23 | |
| Interest (income) expense, net | −544,000 | −1 | 552,000 | 1 | — | |
| Other (income) expense | −138,000 | 11,000 | −382,000 | −594,000 | — | |
| Income (loss) before income tax (benefit) expense | −196 | 30 | 73 | 83 | 23 | |
| Income Tax Expense (Benefit) | −4 | 9 | 18 | 16 | −3 | |
| Net income (loss) | −192 | 21 | 54 | 67 | 25 | |
| Basic (in dollars per share) | −5.8 | 0.63 | 1.63 | 2.04 | 0.78 | |
| Diluted (in dollars per share) | −5.8 | 0.62 | 1.59 | 2 | 0.78 | |
| Basic (shares) | 33 | 33 | 33 | 33 | 32 | |
| Diluted (shares) | 33 | 34 | 34 | 34 | 33 | |
| Cash dividends declared per common share (in dollars per share) | 0.49 | 0.56 | 0.56 | 0.56 | 0.56 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-05-31 | FY 2024 2024-05-31 | FY 2023 2023-05-31 | FY 2022 2022-05-31 | FY 2021 2021-05-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 86 | 109 | 117 | 104 | 74 | |
| Trade accounts receivable, net of allowances of $2,603 and $2,755 as of May 31, 2025 and May 25, 2024, respectively | 99 | 109 | 137 | 153 | 116 | |
| Prepaid expenses and other current assets | 10 | 7 | 5 | 6 | 7 | |
| Assets held for sale | 0 | 9 | 0 | — | — | |
| Income taxes receivable | 8 | 8 | 5 | 35 | 37 | |
| Total current assets | 204 | 241 | 264 | 309 | 235 | |
| Goodwill | 29 | 217 | 207 | 210 | 217 | |
| Intangible assets, net | 19 | 10 | 12 | 16 | 20 | |
| Property and equipment, net | 4 | 4 | 15 | 18 | 21 | |
| Operating right-of-use assets | 23 | 12 | 16 | 18 | 25 | |
| Deferred tax assets | 9 | 11 | 11 | 8 | 2 | |
| Other non-current assets | 17 | 17 | 8 | 4 | 1 | |
| Total assets | 305 | 511 | 532 | 581 | 521 | |
| Accounts payable and other accrued expenses | 14 | 15 | 14 | 14 | 16 | |
| Accrued salaries and related obligations | 48 | 42 | 65 | 84 | 56 | |
| Operating lease liabilities, current | 5 | 5 | 7 | 8 | 10 | |
| Other liabilities | 8 | 10 | 10 | 15 | 12 | |
| Total current liabilities | 75 | 72 | 97 | 124 | 101 | |
| Long-term debt | 0 | 0 | 0 | 54 | 43 | |
| Operating lease liabilities, non-current | 20 | 9 | 10 | 13 | 21 | |
| Deferred tax liabilities | 92,000 | 9 | 7 | 14 | 18 | |
| Other non-current liabilities | 2 | 2 | 3 | 3 | 8 | |
| Total liabilities | 98 | 92 | 117 | 209 | 191 | |
| Commitments and contingencies (Note 17) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and outstanding | 0 | 0 | 0 | — | — | |
| Common stock, $0.01 par value, 70,000 shares authorized; 37,027 and 36,194 shares issued, and 33,075 and 33,556 shares outstanding as of May 31, 2025 and May 25, 2024, respectively | 370,000 | 363,000 | 355,000 | 344,000 | 646,000 | |
| Additional paid-in capital | 400 | 390 | 379 | 356 | 490 | |
| Accumulated other comprehensive loss | −18 | −18 | −17 | −16 | −7 | |
| Retained earnings (Accumulated deficit) | −122 | 89 | 88 | 53 | 367 | |
| Treasury stock at cost, 3,952 and 2,638 shares as of May 31, 2025 and May 25, 2024, respectively | −54 | −42 | −35 | — | — | |
| Total stockholders equity | 207 | 419 | 415 | 372 | 330 | |
| Total liabilities and stockholders equity | 305 | 511 | 532 | 581 | 521 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-05-31 | FY 2024 2024-05-31 | FY 2023 2023-05-31 | FY 2022 2022-05-31 | FY 2021 2021-05-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 8 | 8 | 9 | 8 | 9 | |
| Stock-based compensation expense | 7 | 6 | 10 | 8 | 7 | |
| Contingent consideration adjustment | 0 | −4 | 0 | 166,000 | 5 | |
| Loss on dissolution of subsidiaries | 0 | 0 | 220,000 | −884,000 | — | |
| (Gain) loss on sale of assets | −4 | 574,000 | 38,000 | — | — | |
| Adjustment to allowances | 1 | 137,000 | 1 | 557,000 | −55,000 | |
| Deferred income taxes | −6 | 440,000 | −10 | −11 | 12 | |
| Other, net | 612,000 | 336,000 | −268,000 | 1 | 587,000 | |
| Trade accounts receivable | 10 | 30 | 14 | −45 | 11 | |
| Prepaid expenses and other current assets | −4 | −766,000 | 294,000 | 916,000 | −868,000 | |
| Income taxes | −545,000 | −3 | 30 | 2 | −33 | |
| Other assets | −83,000 | −10 | −4 | −393,000 | 513,000 | |
| Accounts payable and other accrued expenses | −1 | 305,000 | 2 | 1 | −704,000 | |
| Accrued salaries and related obligations | 3 | −25 | −22 | 22 | 2 | |
| Other liabilities | 2 | −2 | −5 | −5 | 622,000 | |
| Net cash provided by operating activities | 19 | 22 | 82 | 49 | 40 | |
| Proceeds from sale of taskforce | 0 | 0 | 6 | 0 | — | |
| Net proceeds from the sale of assets | 12 | 0 | 2,000 | 0 | 3,000 | |
| Acquisition of Reference Point, net of cash acquired | −23 | 0 | 0 | 0 | — | |
| Acquisition of CloudGo, net of cash acquired | 0 | −7 | 0 | — | — | |
| Investments in property and equipment and internal-use software | −3 | −1 | −2 | −3 | −4 | |
| Net cash (used in) provided by investing activities | −14 | −9 | 4 | −3 | −4 | |
| Proceeds from exercise of stock options | 0 | 465,000 | 10 | 13 | 2 | |
| Proceeds from issuance of common stock under Employee Stock Purchase Plan | 4 | 6 | 6 | 5 | 5 | |
| Repurchase of common stock | −13 | −8 | −15 | −20 | — | |
| Proceeds from Revolving Credit Facility | 0 | 0 | 15 | 73 | — | |
| Repayments on Revolving Credit Facility | 0 | 0 | −69 | −63 | −45 | |
| Payment of cash dividends | −19 | −19 | −19 | −19 | −18 | |
| Net cash used in financing activities | −28 | −21 | −72 | −13 | −59 | |
| Effect of exchange rate changes on cash | −342,000 | −548,000 | −1 | −3 | 2 | |
| Net (decrease) increase in cash | −23 | −8 | 13 | 30 | −21 | |
| Income taxes paid (refund), net | 2 | 11 | −3 | 25 | 18 | |
| Interest paid | 354,000 | 352,000 | 962,000 | 1 | 2 | |
| Capitalized leasehold improvements paid directly by landlord | 1 | 0 | 0 | 7,000 | 121,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is RESOURCES CONNECTION, INC.'s CIK number?
RESOURCES CONNECTION, INC.'s SEC CIK number is 0001084765 (1084765). 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 RESOURCES CONNECTION, INC.'s SEC filings?
All of RESOURCES CONNECTION, 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 RESOURCES CONNECTION, INC. last report earnings?
RESOURCES CONNECTION, INC. (RGP) most recently filed an earnings 8-K with the SEC on Apr 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001084765-26-000027). This is RESOURCES CONNECTION, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is RESOURCES CONNECTION, INC.'s most recent earnings 8-K?
RESOURCES CONNECTION, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 8, 2026 under accession 0001084765-26-000027. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View RESOURCES CONNECTION, INC.'s latest earnings 8-K →
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