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DHI Group Q3 Earnings Beat Estimates, Revenues Rise Y/Y

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Key Takeaways

  • DHI Group posted Q3 earnings of 9 cents per share, beating estimates by 50%.
  • Revenues reached $32.1 million, down 9% year over year but above the consensus mark.
  • Adjusted EBITDA rose 19% to $10.3 million, with margin expanding 800 basis points to 32%.

DHI Group (DHX - Free Report) reported third-quarter 2025 non-GAAP earnings of 9 cents per share, which beat the Zacks Consensus Estimate by 50%. DHX’s earnings improved 80% on a year-over-year basis.

DHI Group’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 154.3%.

DHX posted revenues of $32.1 million in the third quarter of 2025, surpassing the Zacks Consensus Estimate by 3.6%. DHX’s revenues declined 9% on a year-over-year basis.

DHX’s better-than-expected results helped its shares to rise 18.3% in the after-market hours on Nov. 10.

DHI Group, Inc. Price, Consensus and EPS Surprise

DHI Group, Inc. Price, Consensus and EPS Surprise

DHI Group, Inc. price-consensus-eps-surprise-chart | DHI Group, Inc. Quote

DHX Q3 in Detail

DHX’s ClearanceJobs segment generated revenues of $13.9 million (43.3% of total revenues) in the third quarter of 2025, up 1% year over year. This segment was mainly driven by sustained demand for security-cleared technology professionals and improved customer retention capabilities due to the acquisition of AgileATS.

The Dice segment contributed $18.2 million (56.7% of total revenues), reflecting a 15% year-over-year decline. Although Dice’s revenues contracted in this quarter, its profitability improved significantly following restructuring efforts and the transition to a modern, self-service recruiting platform.

DHX’s adjusted EBITDA increased 19% year over year to $10.3 million and adjusted EBITDA margin increased 800 basis points to 32% in the third quarter of 2025.

Balance Sheet and Cash Flows

DHX posted a cash reserve of $2.3 million in the quarter ended Sept. 30 compared with $2.8 million posted in the previous quarter. The company’s total debt was $30 million in the third quarter of 2025.

DHX posted a free cash flow of $3.2 million, and its operating cash flows were $4.8 million in the third quarter of 2025.

DHX Guidance

For the full-year 2025, DHI Group reaffirmed its revenue guidance of $126-$128 million. The Zacks Consensus Estimate for 2025 revenues is pegged at $126 million, indicating a year-over-year decline of 11.2%.

DHX’s fourth-quarter 2025 revenues are expected to be between $29.5 million and $31.5 million. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $30.7 million, indicating a year-over-year decline of 11.5%.

DHX raised its adjusted EBITDA margin guidance to 27% for 2025.

DHX’s Zacks Rank & Stocks to Consider

Currently, DHX carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the broader Computer and Technology sector are Dell Technologies (DELL - Free Report) , Nutanix (NTNX - Free Report) and Flux Power (FLUX - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Dell Technologies shares have appreciated 23.9% year to date. DELL is set to report the third quarter of fiscal 2026 results on Nov. 25.

Nutanix shares have gained 18.3% year to date. NTNX is set to report its first-quarter fiscal 2026 results on Nov. 25.

Flux Power shares have rallied 50% year to date. FLUX is set to report its first-quarter fiscal 2026 results on Nov. 13.

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