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DHX

DHI Group, Inc.

DHX

DHI Group, Inc. • NYSE
$1.88 ▲ 1.08% (+0.02)
Market Cap $90.26 M
52w High $3.34
52w Low $1.21
Dividend Yield 0%
P/E -6.27
Volume 47.35K
Outstanding Shares 48.01M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $32.123M ▲ $32.021M ▲ $-4.269M ▼ -13.29% ▼ $-0.1 ▼ $-1.065M ▼
Q2-2025 $32.027M ▼ $20.201M ▼ $-841K ▲ -2.626% ▲ $-0.018 ▲ $2.459M ▲
Q1-2025 $32.301M ▼ $35.816M ▲ $-9.351M ▼ -28.95% ▼ $-0.21 ▼ $-4.833M ▼
Q4-2024 $34.785M ▼ $27.972M ▼ $1.022M ▲ 2.938% ▲ $0.023 ▲ $6.014M ▲
Q3-2024 $35.283M $29.588M $-200K -0.567% $-0.004 $5.192M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.296M ▼ $192.476M ▼ $95.199M ▼ $97.277M ▼
Q2-2025 $2.782M ▲ $204.944M ▼ $102.448M ▼ $102.496M ▼
Q1-2025 $2.655M ▼ $212.069M ▼ $108.171M ▲ $103.898M ▼
Q4-2024 $3.702M ▲ $221.371M ▲ $107.046M ▼ $114.325M ▲
Q3-2024 $2.073M $219.393M $108.081M $111.312M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-4.269M ▼ $4.763M ▼ $-2.993M ▼ $-2.256M ▲ $-486K ▼ $3.17M ▼
Q2-2025 $-841K ▲ $6.866M ▲ $-2.025M ▲ $-4.714M ▼ $127K ▲ $4.841M ▲
Q1-2025 $-9.351M ▼ $2.248M ▼ $-2.16M ▲ $-1.135M ▼ $-1.047M ▼ $88K ▼
Q4-2024 $1.022M ▲ $4.369M ▼ $-2.786M ▲ $46K ▲ $1.629M ▲ $1.583M ▼
Q3-2024 $-200K $5.526M $-3.233M $-3.175M $-882K $2.293M

Revenue by Products

Product Q3-2024Q1-2025Q2-2025Q3-2025
Tech
Tech
 $50.00M ▲$50.00M ▲$50.00M ▲$40.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly steady over the past several years, with only modest growth and a slight softening more recently. Profitability has improved from clear losses a few years ago to roughly break-even results today, with operating profit and cash-style earnings (EBITDA) in positive territory but not by a wide margin. This points to a business that has largely cleaned up its cost base but still operates with a thin cushion: small swings in demand or pricing can quickly show up in earnings. Overall, the income statement reflects a stable but not yet strongly profitable company that is still sensitive to the hiring cycle in tech and government-related markets.

Balance Sheet

Balance Sheet The balance sheet is compact and relatively stable. Total assets and shareholder equity have moved in a narrow range over several years, suggesting no aggressive expansion or major balance-sheet shocks. Debt is present but modest compared with the size of the business, which reduces financial risk, though reported cash balances look lean. In practice, the company appears to rely more on its recurring, subscription-like revenue and ongoing cash generation than on large cash reserves. This structure is fine while business conditions are stable, but it limits room for error if the environment weakens or if the company wants to pursue larger acquisitions or heavy investment all at once.

Cash Flow

Cash Flow Cash generation is a relative strength. The company has consistently produced positive cash flow from operations, year after year, even when accounting profits were under pressure. After funding its technology and platform investments, it usually has some free cash left over, though the buffer is not large. Capital spending is steady but not excessive, aligned with a digital platform business investing in product improvements rather than physical assets. The picture is of a business that can fund its own development without constant external financing, but with limited surplus cash to absorb big shocks or to accelerate investment dramatically.

Competitive Edge

Competitive Edge DHI Group occupies attractive niches rather than trying to compete head-on with the largest general job platforms. Dice focuses on technologists, while ClearanceJobs focuses on security-cleared professionals—a community that is hard to access and highly valued by employers. This specialization gives the company several advantages: more relevant candidates for clients, stronger engagement from job seekers, and a level of trust and community that broad platforms struggle to match. Its long operating history has also allowed it to build deep, proprietary data on tech skills and cleared talent, which improves matching quality. However, it still faces powerful competitors like LinkedIn, Indeed, and others that can encroach on its niches, and its performance is closely tied to the health of tech and government contracting job markets.

Innovation and R&D

Innovation and R&D Innovation is central to DHI Group’s strategy. The company leans heavily on artificial intelligence and machine learning to improve how it matches candidates and employers. Its proprietary “Knowledge Graph” and AI search tools aim to understand how technical skills relate to each other, going beyond simple keyword matching. Features like IntelliSearch, match scores, and AI-assisted application tools are designed to save recruiters time and improve candidate experience. ClearanceJobs adds a secure, specialized environment for cleared professionals, and the AgileATS acquisition is meant to extend the platform into a full workflow solution for government contractors. While this ongoing product development is a clear strength, it is happening in an environment where many larger players are also rapidly investing in AI, so execution speed and continued differentiation will be critical.

Summary

DHI Group is a small, specialized recruitment technology company that has moved from losses to roughly break-even performance while maintaining a stable balance sheet and consistent positive cash flow. Its main strengths are its focus on high-value niches (tech and cleared professionals), its established brands (Dice and ClearanceJobs), and its use of proprietary data and AI to deliver more precise matching than general job boards. Financially, it appears disciplined and self-funding but runs with relatively thin profit and cash buffers, which makes it more exposed to downturns in hiring demand. Looking ahead, the main opportunities lie in deepening its presence in the government and cleared talent markets and in further monetizing its AI and workflow tools, while the main risks are competitive pressure from larger platforms and the cyclical nature of tech and defense-related hiring. Overall, it is a focused player with a defensible niche, but one that must keep innovating and executing carefully to turn its strategic advantages into stronger, more durable profitability.

NEWS

November 10, 2025 · 4:15 PM UTC

DHI Group Reports Third Quarter Financial Results; Raises Full Year Profitability Guidance While Reaffirming Revenue Target

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November 6, 2025 · 4:15 PM UTC

DHI Group Announces New $5 Million Stock Repurchase Program

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October 23, 2025 · 4:15 PM UTC

DHI Group, Inc. to Report Third Quarter 2025 Financial Results on November 10, 2025

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October 9, 2025 · 4:15 PM UTC

DHI Group, Inc. to Participate in the LD Micro Main Event Investor Conference on October 20, 2025

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October 7, 2025 · 4:15 PM UTC

DHI Group, Inc. to Participate in the Noble Capital Markets Emerging Growth Virtual Equity Conference on October 9, 2025

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