Kforce Inc. revenue falls 6.1% to $1 billion for nine months ended September 2025
Kforce Inc. reported revenue of nearly $1.0 billion for the nine months ended September 30, 2025, a decrease of 6.1% from $1.06 billion in the comparable period in 2024. Technology revenue declined by 5.3% and Finance and Accounting $(FA)$ revenue decreased by 15.1%, primarily due to lower numbers of consultants on assignment amid macroeconomic uncertainties. Cash provided by operating activities was $41.9 million, down from $65.1 million in the prior year period. Kforce returned $61.9 million to shareholders through $41.1 million in open market share repurchases and $20.8 million in dividends. The effective tax rate for the period was 24.3%, slightly lower than the previous year, mainly due to increased research and development tax credits. At September 30, 2025, Kforce had $101.7 million in working capital and employed over 1,600 associates with approximately 7,500 consultants on assignment.
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