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DHI Group, Inc. (DHX) stock

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NYSE: DHX NYSE Internet Services & Infrastructure Next results ~November 4, 2026

B Fundamentals grade

DHI Group, Inc. is a US-listed company in the internet services & infrastructure industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 40% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 40% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

DHI Group, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds36 adding, 28 cuttingOf 20 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter DHI Group files

Where DHI stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $125m, down 7.3% on a year earlier, a smaller fall than the 9.4% decline a quarter earlier. That puts it 16 of 16 for growth among the internet services & infrastructure companies we cover. Free-cash-flow margin rose to 16.2% from 6.6% a year earlier. Operating margin widened to 4.9% from -6.1%. The diluted share count is down 5.1% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 2 of our 7 financial-health checks.

Our model value for DHI Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

DHI Group, Inc.'s trailing-twelve-month revenue fell 7.3% year on year, with a free-cash-flow margin of 16.2%. Where it stands out: gross margin of 83.8% ranks 2 of 16 internet services & infrastructure companies we cover.

Our discounted-cash-flow model values the business at ~$1.9 per share in the base case (~$1.3–$2.8 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 64% in the quarter to 2026-06-30, the 4th beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 11.0 points on a year ago.
  • Shrinking share count. Diluted shares fell 5.1% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 7.1% over 90 days.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 7.3% over the last 12 months.
  • High earnings multiple. The shares trade at 170 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 75% and a beta of 0.8 against the S&P 500.
  • Earnings expected to fall. The consensus expects earnings per share to fall 21% next year.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.09 against an average estimate of $0.06: beat by 63.6%
Revenue
$31m, down 2.1% on a year earlier
Share reaction
-0.2% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
revenues $15m to $16m (Q3 2026); revenues $62m to $64m (FY 2026)
Next report
November 4, 2026; average EPS estimate $0.06

DHI Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+5.8%
  • 1 week+2.6%
  • 1 month-0.6%
  • This year+208.4%
  • 1 year+146.4%
  • 5 years-3.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$125M
Operating margin
4.9%
Net margin
1.0%
EPS (TTM, diluted)
$0.03

Growth

Revenue growth
−7.3%
Change in growth rate
+2.1 pts
Share count change
−5.1%

Cash

Free cash flow (TTM)
$20.1M
FCF margin
16.2%
Stock pay % of revenue
3.5%

Earnings

Last results
August 5, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

DHI Group, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 40% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value DHI Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10%: the 10-year Treasury yield (4.9%) plus a beta of 1.12 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$0.6 ~$0.5–$0.9 Left out: out of range vs price (0.13x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.3 ~$0.2–$0.5 Left out: out of range vs price (0.06x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare DHI Group, Inc. with Internet Services & Infrastructure in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$6.25$1.90$1.52$3.01$2.22$6.24$5.29$2.59$1.77$1.55$4.78
Market value$302m$92m$75m$155m$107m$289m$246m$115m$80m$69m$206m
+ Net debt (− = net cash)$63m$30m$12m$5m$15m$21m$27m$34m$28m$27m$28m
Enterprise value$365m$122m$87m$160m$123m$311m$273m$149m$108m$96m$235m
Multiples
Price / sales 1.3x0.4x0.5x1.3x1.0x2.4x1.6x0.8x0.6x0.5x1.7x
Price / earnings —5.7x10.5x12.4x——58.9x33.0xn/m—170.4x
Price / free cash flow 9.1x4.3x15.5x17.8x41.6x20.3x13.6x105.4x11.2x5.0x10.3x
EV / EBITDA 27.6x3.7x4.1x8.1x—20.2x11.9x6.4x4.4x33.6x13.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

64 /100

Moderate moat

How hard DHI Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 17.4% of total assets over 8 years.

  • Pricing power 20 / 20

    Gross margin has been a median 87.2%, moving by 2.1 percentage points (standard deviation) across 8 years.

  • Durability 0 / 20

    Operating margin has been a median 3.2%; its worst year was -24.8%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 10 of 10 years, at a median 6.2% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 9.1% over five years; stock-based pay has been a median 4.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (70 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $31m and EPS of $0.06 (range $0.04 to $0.07) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.28 −2% $125m −2%
Next $0.23 −21% $128m +2%

Next year's EPS estimate has moved +7.1% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +35.7% on 90 days ago. In the last 30 days, 1 analyst raised DHI Group, Inc.'s forecast and 0 cut it.

Consensus EPS forecast DHI Group, Inc., last 90 days
$0.20 $0.22 $0.24 $0.26 $0.28 $0.30 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.21 Current fiscal year, 60 days ago: $0.27 Current fiscal year, 30 days ago: $0.27 Current fiscal year, 7 days ago: $0.27 Current fiscal year, Now: $0.28 $0.28 Next fiscal year, 90 days ago: $0.21 Next fiscal year, 60 days ago: $0.22 Next fiscal year, 30 days ago: $0.22 Next fiscal year, 7 days ago: $0.22 Next fiscal year, Now: $0.23 $0.23

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.21$0.21
60 days ago $0.27$0.22
30 days ago $0.27$0.22
7 days ago $0.27$0.22
Now $0.28$0.23

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.06 $0.09 +63.6%
Mar 2026 $0.03 $0.08 +220.0%
Dec 2025 $0.06 $0.09 +63.6%
Sept 2025 $0.04 $0.09 +125.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Revenues FY 2026 $124m to $128m Maintained
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source
  • Revenues Q3 2026 $30m to $32m New
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source
  • Revenues · ClearanceJobs FY 2026 $62m to $64m Maintained
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source
  • Revenues · Dice FY 2026 $62m to $64m Maintained
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source
  • Adjusted EBITDA margin full year 2026 about 25% Non-GAAP Maintained
    “The Company is also maintaining its full year Adjusted EBITDA margin guidance of 25% for DHI and 40% for ClearanceJobs, while increasing its full-year Adjusted EBITDA margin guidance for Dice to 24% from 22%.” source
  • Adjusted EBITDA margin · ClearanceJobs full year 2026 about 40% Non-GAAP Maintained
    “The Company is also maintaining its full year Adjusted EBITDA margin guidance of 25% for DHI and 40% for ClearanceJobs, while increasing its full-year Adjusted EBITDA margin guidance for Dice to 24% from 22%.” source
Show 3 more items
  • Adjusted EBITDA margin · Dice full year 2026 about 24% Non-GAAP Raised
    “The Company is also maintaining its full year Adjusted EBITDA margin guidance of 25% for DHI and 40% for ClearanceJobs, while increasing its full-year Adjusted EBITDA margin guidance for Dice to 24% from 22%.” source
  • Revenues · ClearanceJobs Q3 2026 $15m to $16m New
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source
  • Revenues · Dice Q3 2026 $15m to $16m New
    “Revenues $15M-$16M $62M-$64M $15M-$16M $62M-$64M $30M-$32M $124M-$128M” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123

Counts of recommendations published by analysts covering DHI Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.0%
of tradable shares
Days to cover
1.51
at average volume
Short interest, 1 month
+4%
to October 15, 2026
Held by institutions
71%
of shares
Held by insiders
18.6%
of shares
Employees
270
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +146.4%

$1.94 on October 31, 2025 to $4.78

ThenNowEffect
Revenue (last 12 months) $134m $125m −7.3%
P/S multiple 0.7x 1.7x +152.4%
Share count 45m 43m +5.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +82.4%

$2.62 on November 3, 2023 to $4.78

ThenNowEffect
Revenue (last 12 months) $155m $125m −19.9%
Net margin 1.1% 1.0% −14.0%
P/E multiple 67.3x 170.4x +153.2%
Share count 45m 43m +4.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DHX+181%−15%−51%−32%−12%+208%
Industry peers (median)+12%−81%+46%−15%−10%−30%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DHX83%50%25%33%50%82%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DHX−24%−41%−66%−47%−63%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 88% from November 5, 2015 to May 6, 2025. Getting back needed a 726% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.50 – $5.10
From 52-week high
−6.3%
vs 50-day average
+1.8%
vs 200-day average
+35.4%
Volatility (1 year)
75%
Beta vs S&P 500
0.79

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±12.2%
After a week
6 up, 6 down
typical move ±22.0%
After a month
7 up, 5 down
typical move ±26.7%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −0.2% −0.4% −7.7% +10.6%
May 5, 2026 +12.9% +2.2% +46.8% +48.0%
February 4, 2026 +13.6% −1.7% +42.0% +58.6%
November 10, 2025 −0.6% +1.8% +0.6% −2.9%
August 6, 2025 −11.4% +0.7% −20.6% +5.7%
May 7, 2025 +43.8% +1.1% +56.2% +95.9%
February 5, 2025 +11.9% +0.8% +11.9% −19.8%
November 12, 2024 −10.9% −0.3% −7.1% +1.1%
August 7, 2024 +10.1% +1.6% −6.4% −12.8%
May 8, 2024 −12.4% +0.6% −11.0% −26.9%
February 7, 2024 +14.2% +0.9% +28.4% +29.4%
November 1, 2023 +4.4% +3.0% −25.2% −8.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

DHI Group, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) DHI Group, Inc.
$120M $130M $140M $150M $160M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $154.4M Revenue (TTM), FY23 Q4: $151.9M Revenue (TTM), FY24 Q1: $149.3M Revenue (TTM), FY24 Q2: $146.6M Revenue (TTM), FY24 Q3: $144.4M Revenue (TTM), FY24 Q4: $141.9M Revenue (TTM), FY25 Q1: $138.2M Revenue (TTM), FY25 Q2: $134.4M Revenue (TTM), FY25 Q3: $131.2M Revenue (TTM), FY25 Q4: $127.8M Revenue (TTM), FY26 Q1: $125.2M Revenue (TTM), FY26 Q2: $124.5M $124.5M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $154.4M
FY23 Q4 $151.9M
FY24 Q1 $149.3M
FY24 Q2 $146.6M
FY24 Q3 $144.4M
FY24 Q4 $141.9M
FY25 Q1 $138.2M
FY25 Q2 $134.4M
FY25 Q3 $131.2M
FY25 Q4 $127.8M
FY26 Q1 $125.2M
FY26 Q2 $124.5M
Revenue growth, TTM YoY DHI Group, Inc.
-10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 7.4% Revenue growth, TTM YoY, FY23 Q4: 1.5% Revenue growth, TTM YoY, FY24 Q1: -3.0% Revenue growth, TTM YoY, FY24 Q2: -5.7% Revenue growth, TTM YoY, FY24 Q3: -6.4% Revenue growth, TTM YoY, FY24 Q4: -6.6% Revenue growth, TTM YoY, FY25 Q1: -7.4% Revenue growth, TTM YoY, FY25 Q2: -8.3% Revenue growth, TTM YoY, FY25 Q3: -9.1% Revenue growth, TTM YoY, FY25 Q4: -9.9% Revenue growth, TTM YoY, FY26 Q1: -9.4% Revenue growth, TTM YoY, FY26 Q2: -7.3% -7.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 7.4%
FY23 Q4 1.5%
FY24 Q1 -3.0%
FY24 Q2 -5.7%
FY24 Q3 -6.4%
FY24 Q4 -6.6%
FY25 Q1 -7.4%
FY25 Q2 -8.3%
FY25 Q3 -9.1%
FY25 Q4 -9.9%
FY26 Q1 -9.4%
FY26 Q2 -7.3%
Operating margin (TTM) DHI Group, Inc.
-15% -10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 3.6% Operating margin (TTM), FY23 Q4: 4.1% Operating margin (TTM), FY24 Q1: 5.1% Operating margin (TTM), FY24 Q2: 6.6% Operating margin (TTM), FY24 Q3: 5.6% Operating margin (TTM), FY24 Q4: 4.5% Operating margin (TTM), FY25 Q1: -3.6% Operating margin (TTM), FY25 Q2: -6.1% Operating margin (TTM), FY25 Q3: -10.1% Operating margin (TTM), FY25 Q4: -8.9% Operating margin (TTM), FY26 Q1: 0.8% Operating margin (TTM), FY26 Q2: 4.9% 4.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 3.6%
FY23 Q4 4.1%
FY24 Q1 5.1%
FY24 Q2 6.6%
FY24 Q3 5.6%
FY24 Q4 4.5%
FY25 Q1 -3.6%
FY25 Q2 -6.1%
FY25 Q3 -10.1%
FY25 Q4 -8.9%
FY26 Q1 0.8%
FY26 Q2 4.9%
FCF margin (TTM) DHI Group, Inc.
0% 5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 1.0% FCF margin (TTM), FY23 Q4: 0.7% FCF margin (TTM), FY24 Q1: 2.4% FCF margin (TTM), FY24 Q2: 3.7% FCF margin (TTM), FY24 Q3: 5.5% FCF margin (TTM), FY24 Q4: 5.0% FCF margin (TTM), FY25 Q1: 6.9% FCF margin (TTM), FY25 Q2: 6.6% FCF margin (TTM), FY25 Q3: 7.4% FCF margin (TTM), FY25 Q4: 10.8% FCF margin (TTM), FY26 Q1: 16.3% FCF margin (TTM), FY26 Q2: 16.2% 16.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 1.0%
FY23 Q4 0.7%
FY24 Q1 2.4%
FY24 Q2 3.7%
FY24 Q3 5.5%
FY24 Q4 5.0%
FY25 Q1 6.9%
FY25 Q2 6.6%
FY25 Q3 7.4%
FY25 Q4 10.8%
FY26 Q1 16.3%
FY26 Q2 16.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 227 208 162 117 111 120 150 152 142 128 125
Gross profit 195 178 143 104 97 105 132 132 122 108 104
EBITDA 13 33 21 20 −20 15 23 23 24 3 18
Operating income 3 23 12 10 −32 −2 6 6 6 −11 6
Net income −5 16 7 13 −30 −30 4 3 0 −14 1
Diluted EPS −$0.11 $0.33 $0.14 $0.24 −$0.62 −$0.64 $0.09 $0.08 $0.01 −$0.30 $0.03
Growth (year on year)
Revenue — −8.4% −22.3% −27.4% −5.2% +7.9% +24.8% +1.5% −6.6% −9.9% −7.3%
EBITDA — +146.4% −35.7% −5.2% −202.5% — +50.0% +0.7% +4.7% −88.2% +109.8%
Operating income — — −48.9% −13.4% −419.8% — — +13.1% +0.6% −279.8% —
Net income — — −55.1% +75.0% −339.1% — — −16.4% −92.8% — —
Diluted EPS — — −57.6% +71.4% −358.3% — — −11.1% −87.5% — —
Margins
Gross margin 85.8% 85.6% 88.6% 88.5% 87.1% 87.4% 88.2% 87.0% 85.7% 84.7% 83.8%
EBITDA margin 5.8% 15.7% 13.0% 16.9% −18.3% 12.8% 15.4% 15.3% 17.1% 2.2% 14.3%
Operating margin 1.5% 11.0% 7.2% 8.6% −29.1% −1.5% 3.7% 4.1% 4.5% −8.9% 4.9%
Net margin −2.4% 7.7% 4.4% 10.7% −27.0% −24.8% 2.8% 2.3% 0.2% −10.6% 1.0%
Free-cash-flow margin 14.7% 10.2% 3.0% 7.4% 2.3% 11.9% 12.1% 0.7% 5.0% 10.8% 16.2%
Cash flow
Cash from operations 45 34 15 23 19 29 36 21 21 21 26
Capital spending 12 13 10 14 16 14 18 20 14 7 6
Free cash flow 33 21 5 9 3 14 18 1 7 14 20
Stock-based pay 11 9 7 6 6 8 10 10 8 5 4
Free cash flow after stock pay 22 13 −2 3 −4 6 9 −9 −1 9 16
Balance sheet
Cash 23 12 6 5 5 2 3 4 4 3 4
Total debt 86 42 18 10 20 23 30 38 32 30 32
Net debt (negative = net cash) 63 30 12 5 15 21 27 34 28 27 28
Diluted shares 48m 48m 50m 52m 48m 46m 47m 44m 45m 45m 43m
Returned to shareholders
Buybacks 30 0 2 3 8 15 19 7 0 10 13
Total returned 30 0 2 3 8 15 19 7 0 10 13

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · June 30, 2026
What it owns · $189m
Short-term assets $23mLonger-term assets $165m
What it owes, and who funded it · $189m
Short-term liabilities $53mLonger-term liabilities $42mShareholders' equity $94m
  • Short-term assets cover short-term liabilities $23m of assets due within a year against $53m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $23m short-term assets against $42m of longer-dated liabilities.
  • More cash than debt $4m of cash against $32m of debt.
  • Debt below 40% of shareholders' equity Debt is 34% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 20% to 34% over five years.
  • A year's operating cash flow covers at least 20% of debt $26m of operating cash flow against $32m of debt.
  • Operating profit covers interest at least five times over Operating income of $6m against $2m of interest.

From DHI Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$13M
Returned to shareholders
64%
of free cash flow
Buybacks, last 3 fiscal years
$16.6M
Diluted share count
−5.1%
year over year
Total shareholder yield
6.3%
dividends 0.0% + buybacks 6.3% of market value
R&D spending
9.5%
of revenue
Days sales outstanding
48 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in internet services & infrastructure
Last 12 months unless stated DHX BTBT CIFR WULF TZOO BGIN Median
Revenue, last 12 months $125m $123m $146m $165m $92m $67m $242m
Revenue growth, last 12 months −7.3% 23.6% −29.2% 14.6% 4.9% −77.7% 8.3%
Revenue growth, 3-year average −7.1% 221.2% — 59.9% 6.1% — 7.6%
Revenue growth, latest quarter −2.1% 25.2% −62.8% −6.0% −2.9% — 5.5%
Gross margin 83.8% 68.0% 50.5% 40.2% 76.3% −112.2% 49.5%
Operating margin 4.9% −225.3% −387.2% −250.4% 1.9% −261.3% −56.0%
Operating margin, 3-year average 1.8% −89.0% −155.8% −122.9% 13.0% — −25.3%
Net margin 1.0% −237.2% −742.3% <−999% 0.5% −262.6% −55.8%
Cash from operations / revenue 21.3% −225.7% −231.1% −169.0% 3.5% −247.6% −10.4%
Free-cash-flow margin 16.2% −619.3% <−999% <−999% 3.5% −253.8% −25.9%
Free-cash-flow margin, 3-year average 8.8% −276.5% −823.7% −637.2% 12.9% — −17.4%
Stock pay / revenue 3.5% 14.8% 74.7% 118.8% 1.6% 0.8% 11.9%
Change in share count −5.1% 84.8% 12.4% 12.0% −10.8% 1.2% 5.2%

Median of all 34 companies we cover in internet services & infrastructure. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

34 internet services & infrastructure companies
Measure Company Peer median Rank
Revenue growth Growth -7.3% 10.1% 25 of 34
Change in growth rate Growth +2.1pp -0.6pp 9 of 34
Gross margin Profitability 83.8% 61.5% 2 of 16
Operating margin Profitability 4.9% -49.3% 7 of 33
Net margin Profitability 1.0% -47.1% 10 of 34
Free-cash-flow margin Cash generation 16.2% 16.2% 9 of 17
Stock pay as % of revenue Cash generation 3.5% 12.4% 7 of 32
Long-term debt as % of assets Balance sheet 17.0% 20.2% 10 of 25
Change in share count Balance sheet -5.1% 5.2% 3 of 26
Days sales outstanding Balance sheet 48 days 48 days 8 of 14

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Tech Focused $128M 100.0% ▼ 9.9%
Dice $72.9M 57.1% ▼ 16.9%
Clearance Jobs $54.9M 42.9% ▲ 1.4%

From DHI Group, Inc.'s 10-K filed February 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$113M
Institutions reporting
75
Shares held vs prior quarter
▲ 4.3%
Positions opened / closed
17 / 5

Top buyers and sellers, Q2 2026: 36 institutions bought and 28 sold ; the biggest buyer was Nantahala Capital Management, LLC (+2.4M shares) and the biggest seller Sei Investments Co (−934K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Nantahala Capital Management, LLC $17.6M 4.7M 15.5% ▲ 100.0%
Pacific Ridge Capital Partners, LLC $12M 3.2M 10.6% ▼ 11.0%
Tieton Capital Management, LLC $11.7M 3.2M 10.3% ▼ 6.2%
Dimensional Fund Advisors LP $10.2M 2.8M 9.0% ▼ 2.4%
Renaissance Technologies LLC $7.5M 2.0M 6.6% ▲ 11.8%
Kennedy Capital Management LLC $6.8M 1.8M 6.0% ▼ 1.9%
Acadian Asset Management LLC $6.5M 1.7M 5.7% ▲ 0.8%
Vanguard Capital Management LLC $5.9M 1.6M 5.2% ▼ 7.9%
Royce & Associates LP $4.1M 1.1M 3.6% ▲ 36.1%
Sei Investments Co $3.2M 870K 2.8% ▼ 51.8%
Blackrock, Inc. $3M 818K 2.7% ▼ 1.1%
Marshall Wace, LLP $2.6M 703K 2.3% ▼ 13.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not DHI Group, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $264,728 3 trades by 3 insiders · 31% under pre-set plans
Net ▼ $264,728 net selling
Insider Date Trade Shares Price Value
Schildt Alexander President, ClearanceJobs May 12, 2026 Sell 30,000 $3.53 $105,900
Swann Kathleen M. Director May 11, 2026 Sell 20,000 $3.83 $76,600
Massaquoi Joseph G Jr Director May 8, 2026 Sell pre-set plan 26,611 $3.09 $82,228

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 5, 2026
  • February 4, 2026
  • November 10, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on DHI Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

DHI Group, Inc. in brief

What does DHI Group, Inc. do?
DHI Group, Inc. is a US-listed company in the internet services & infrastructure industry. Its financial year ends in December.
What is DHI Group, Inc.'s stock ticker?
DHI Group, Inc. trades under the ticker DHX on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is DHI Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, DHI Group, Inc. reported revenue of $125M, 7.3% lower than a year earlier, according to its SEC filings.
What is DHI Group, Inc.'s free cash flow?
DHI Group, Inc.'s free-cash-flow margin is 16.2% of revenue over the trailing twelve months, ranking 9 of the 17 internet services & infrastructure companies we cover.
Who are DHI Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Nantahala Capital Management, LLC, Pacific Ridge Capital Partners, LLC and Tieton Capital Management, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is DHI Group, Inc. buying back stock, and does it pay a dividend?
DHI Group, Inc. spent $13M on share repurchases over the trailing twelve months, and its diluted share count fell 5.1% over the year.
What is DHI Group, Inc.'s market cap?
On November 2, 2026, DHI Group, Inc.'s market capitalisation was about $206M, with a price-to-earnings ratio of 170.4 and net debt of $28.2M. Market figures come from third-party market data and may be delayed.
How much debt does DHI Group, Inc. have?
DHI Group, Inc.'s debt-to-equity ratio is 34.0%, from its latest balance sheet (19.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are DHI Group, Inc.'s competitors?
In our Internet Services & Infrastructure peer group, the companies closest to DHI Group, Inc. are Bit Digital, Inc, Cipher Digital Inc., Terawulf Inc., Travelzoo and Bgin Blockchain Ltd. The side-by-side comparison below sets their revenue, margins and growth against DHI Group, Inc.'s.
Are insiders buying or selling DHI Group, Inc. stock?
Over the last 12 months, DHI Group, Inc.'s directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is DHI Group, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — DHI Group, Inc. announces its own schedule.