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RCM Technologies, Inc. (RCMT) stock

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NASDAQ: RCMT Nasdaq IT Consulting & Other Services Next results ~November 12, 2026

B Fundamentals grade

RCM Technologies, Inc. is a US-listed company in the IT consulting & other services 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

~$23

Cash-flow model

Base case. Range ~$16–$30 across our lower- and higher-growth cases (4.8%–14.8% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 36% below it.

Price used: $34.99, November 2, 2026

RCM Technologies, 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 31 sales by directors and officers, last 12 monthsInsider trades
  • Funds39 adding, 38 cuttingOf 13 active managers that changed their stake, 8 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter RCM Technologies files

Where RCM Technologies stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $334m, up 11.2% on a year earlier, faster than the 9.3% growth a quarter earlier. That growth ranks 5 of 23 among the it consulting & other services companies we cover. Free-cash-flow margin rose to 6.8% from 0.1% a year earlier. The diluted share count is down 3.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $22.02 a share, against a share price of $36.06. At that price, our model says the market is pricing in about 18.0% a year of cash-flow growth for five years, faster than the 10.4% a year revenue growth it has delivered.

Source: 10-Q filed August 13, 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 12, 2026 (estimated)

RCM Technologies, Inc.'s trailing-twelve-month revenue grew 11.2% year on year, with a free-cash-flow margin of 6.8%.

Our discounted-cash-flow model values the business at ~$23 per share in the base case (~$16–$30 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 5664.4% while net income grew 25.9%: a 5638pp divergence.

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

  • Shrinking share count. Diluted shares fell 3.4% in a year, so each share owns more of the business.

Things to watch

  • Priced above our value. The share price of $34.99 is 36% above our value per share of $22.
  • Volatile shares. Over the past year the shares showed annualised volatility of 58% and a beta of 0.9 against the S&P 500.
  • Insiders selling. 3 insiders sold $13M of stock over the past 365 days and none bought (96% under pre-set trading plans).
  • Below peers: days sales outstanding. Days sales outstanding of 86 days ranks 23 of 30 it consulting & other services companies we cover (median 71 days).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
$0.82 against an average estimate of $0.70: beat by 17.1%
Revenue
$94m, up 20.0% on a year earlier
Next report
November 12, 2026; average EPS estimate $0.41

RCM Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.7%
  • 1 week-3.6%
  • 1 month-16.7%
  • This year+71.1%
  • 1 year+51.5%
  • 5 years+445.0%
  • 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)
$334M
Operating margin
7.7%
Net margin
5.1%
EPS (TTM, diluted)
$2.29

Growth

Revenue growth
+11.2%
Change in growth rate
+1.9 pts
Share count change
−3.4%

Cash

Free cash flow (TTM)
$22.8M
FCF margin
6.8%
Stock pay % of revenue
1.1%

Earnings

Last results
April 3, 2026

News & updates

Updated October 31, 2026

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

  1. Leadership
  2. Insider trade
  3. Insider trade
  4. Insider trade

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

RCM Technologies, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 17.1% a year of cash-flow growth for five years.That is faster than the 10.4% a year revenue growth RCM Technologies has delivered.

  • Priced in17.1%
  • Last 12 months11.2%
  • 3 years a year8.3%
  • 5 years a year10.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($34.73, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$22
Price used
$34.73close November 3, 2026
Implied change
▼ 35%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of RCM Technologies, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($6.8M, FY2026 Q2 TTM), growing 10.4% and 9.8% in the next two years (forecasts, guidance and its record), then back to 9.8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$16–~$30 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of RCM Technologies, Inc.'s free cash flow after stock-based pay ( $6.8M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value RCM Technologies, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.04 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. ~$23 ~$16–$30 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$26 ~$32–$59 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$34 ~$30–$40 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$26 ~$23–$34 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare RCM Technologies, Inc. with IT Consulting & Other Services 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.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +33%
  • Free-cash-flow margin 1 point lower ▼ −15%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $11$16$23$32$43$57
8.5% $8$12$16$23$31$41
10% $6$9$13$17$23$31

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$4.75$5.49$6.25$3.27$2.87$2.07$7.12$12.34$29.04$23.17$19.86$34.99
Market value$61m$68m$76m$40m$37m$25m$83m$129m$250m$184m$152m$261m
+ Net debt (− = net cash)$20m$14m$24m$27m$33m$11m$14m$8m$25m$30m$22m$17m
Enterprise value$81m$82m$100m$67m$70m$36m$97m$137m$274m$214m$173m$278m
Multiples
Price / sales 0.3x0.4x0.4x0.2x0.2x0.2x0.4x0.5x0.9x0.7x0.5x0.8x
Price / earnings 10.2x38.8x37.7x14.9x9.2x—7.5x6.2x14.8x13.8x9.3x15.3x
Price / free cash flow 6.3x6.3x18.8x——1.0xn/m4.7x26.1x51.1x8.7x11.4x
EV / EBITDA 8.8x15.2x49.2x9.7x8.6x—6.3x4.6x11.0x8.8x6.4x9.9x

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

46 /100

Moderate moat

How hard RCM Technologies'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 15.9% of total assets over 10 years.

  • Pricing power 10 / 20

    Gross margin has been a median 26.6%, moving by 1.5 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 5.5%; its worst year was -3.7%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 8 of 10 years, at a median 5.2% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 35.6% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (61 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 12, 2026, after the close. Analysts expect revenue of $78m and EPS of $0.41 (range $0.35 to $0.47) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.77 +11% $352m +10%
Next $3.21 +16% $388m +10%

Next year's EPS estimate has moved +1.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.1% on 90 days ago. In the last 30 days, 1 analyst raised RCM Technologies, Inc.'s forecast and 0 cut it.

Consensus EPS forecast RCM Technologies, Inc., last 90 days
$2.60 $2.80 $3.00 $3.20 $3.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.74 Current fiscal year, 60 days ago: $2.96 Current fiscal year, 30 days ago: $2.96 Current fiscal year, 7 days ago: $2.96 Current fiscal year, Now: $2.77 $2.77 Next fiscal year, 90 days ago: $3.17 Next fiscal year, 60 days ago: $3.27 Next fiscal year, 30 days ago: $3.27 Next fiscal year, 7 days ago: $3.27 Next fiscal year, Now: $3.21 $3.21

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

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.74$3.17
60 days ago $2.96$3.27
30 days ago $2.96$3.27
7 days ago $2.96$3.27
Now $2.77$3.21

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.70 $0.82 +17.1%
Mar 2026 $0.69 $0.69 0.0%
Dec 2025 $0.62 $0.77 +24.2%
Sept 2025 $0.45 $0.42 −5.6%

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

How our valuation uses these forecasts

Our cash-flow model grows RCM Technologies, Inc.'s revenue by +10.4% next year and +9.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+10.9%, weight 56%) and the company's own record (+9.8%, weight 44%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202622

Counts of recommendations published by analysts covering RCM Technologies, 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
4.7%
of tradable shares
Days to cover
2.93
at average volume
Short interest, 1 month
+14%
to October 15, 2026
Held by institutions
46%
of shares
Held by insiders
33.1%
of shares
Employees
4,930
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 +51.5%

$23.10 on October 31, 2025 to $34.99

ThenNowEffect
Revenue (last 12 months) $300m $334m +11.2%
Net margin 4.5% 5.1% +13.2%
P/E multiple 13.1x 15.3x +16.2%
Share count 8m 7m +3.5%

Biggest factor: p/e multiple.

Last 3 years +77.5%

$19.71 on November 3, 2023 to $34.99

ThenNowEffect
Revenue (last 12 months) $263m $334m +27.1%
Net margin 6.2% 5.1% −16.8%
P/E multiple 11.8x 15.3x +29.8%
Share count 10m 7m +29.3%

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
RCMT+244%+73%+135%−24%−8%+71%
Industry peers (median)+9%−35%+4%+24%−23%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RCMT75%42%75%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RCMT−47%−58%−32%−43%−34%−33%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 83% from February 27, 2018 to March 17, 2020. Getting back needed a 477% gain, reached on September 13, 2021, 545 days after the low.

Price behaviour

52-week range
$17.55 – $42.02
From 52-week high
−16.7%
vs 50-day average
−12.0%
vs 200-day average
+21.8%
Volatility (1 year)
58%
Beta vs S&P 500
0.88

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 ±12.3%
After a week
7 up, 5 down
typical move ±15.7%
After a month
8 up, 4 down
typical move ±21.5%
Results releasedNext dayS&P 500 next day5 days21 days
April 3, 2026 +32.0% +0.5% +39.5% +61.5%
November 5, 2025 −3.8% −0.7% −16.3% −13.0%
August 7, 2025 −4.7% +0.7% +3.6% +15.1%
May 7, 2025 +20.7% +1.1% +34.1% +35.6%
March 12, 2025 −11.5% −0.8% −14.3% −6.8%
November 7, 2024 +5.2% +1.2% −0.8% +6.7%
August 7, 2024 +3.7% +1.6% +0.5% +2.3%
May 8, 2024 +8.8% +0.6% +17.2% +2.7%
March 13, 2024 −25.0% −0.4% −19.1% −32.4%
November 8, 2023 +14.7% −0.7% +27.0% +41.7%
August 9, 2023 −12.3% −0.6% −0.7% −1.5%
May 9, 2023 +5.1% 0.0% +14.7% +39.2%

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.

RCM Technologies, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

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) RCM Technologies, Inc.
$260M $280M $300M $320M $340M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $262.4M Revenue (TTM), FY23 Q4: $263.2M Revenue (TTM), FY24 Q1: $268.1M Revenue (TTM), FY24 Q2: $270.2M Revenue (TTM), FY24 Q3: $272.5M Revenue (TTM), FY24 Q4: $278.4M Revenue (TTM), FY25 Q1: $290.9M Revenue (TTM), FY25 Q2: $299.9M Revenue (TTM), FY25 Q3: $309.8M Revenue (TTM), FY25 Q4: $319.4M Revenue (TTM), FY26 Q1: $318M Revenue (TTM), FY26 Q2: $333.6M $333.6M

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

View chart data
Period Revenue (TTM)
FY23 Q3 $262.4M
FY23 Q4 $263.2M
FY24 Q1 $268.1M
FY24 Q2 $270.2M
FY24 Q3 $272.5M
FY24 Q4 $278.4M
FY25 Q1 $290.9M
FY25 Q2 $299.9M
FY25 Q3 $309.8M
FY25 Q4 $319.4M
FY26 Q1 $318M
FY26 Q2 $333.6M
Revenue growth, TTM YoY RCM Technologies, Inc.
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -6.1% Revenue growth, TTM YoY, FY23 Q4: -7.5% Revenue growth, TTM YoY, FY24 Q1: -0.7% Revenue growth, TTM YoY, FY24 Q2: 2.9% Revenue growth, TTM YoY, FY24 Q3: 3.8% Revenue growth, TTM YoY, FY24 Q4: 5.8% Revenue growth, TTM YoY, FY25 Q1: 8.5% Revenue growth, TTM YoY, FY25 Q2: 11.0% Revenue growth, TTM YoY, FY25 Q3: 13.7% Revenue growth, TTM YoY, FY25 Q4: 14.7% Revenue growth, TTM YoY, FY26 Q1: 9.3% Revenue growth, TTM YoY, FY26 Q2: 11.2% 11.2%

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

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -6.1%
FY23 Q4 -7.5%
FY24 Q1 -0.7%
FY24 Q2 2.9%
FY24 Q3 3.8%
FY24 Q4 5.8%
FY25 Q1 8.5%
FY25 Q2 11.0%
FY25 Q3 13.7%
FY25 Q4 14.7%
FY26 Q1 9.3%
FY26 Q2 11.2%
Operating margin (TTM) RCM Technologies, Inc.
7.5% 8% 8.5% 9% 9.5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 8.6% Operating margin (TTM), FY23 Q4: 9.0% Operating margin (TTM), FY24 Q1: 8.9% Operating margin (TTM), FY24 Q2: 8.8% Operating margin (TTM), FY24 Q3: 8.8% Operating margin (TTM), FY24 Q4: 8.0% Operating margin (TTM), FY25 Q1: 7.9% Operating margin (TTM), FY25 Q2: 8.0% Operating margin (TTM), FY25 Q3: 7.6% Operating margin (TTM), FY25 Q4: 7.9% Operating margin (TTM), FY26 Q1: 7.7% Operating margin (TTM), FY26 Q2: 7.7% 7.7%

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

View chart data
Period Operating margin (TTM)
FY23 Q3 8.6%
FY23 Q4 9.0%
FY24 Q1 8.9%
FY24 Q2 8.8%
FY24 Q3 8.8%
FY24 Q4 8.0%
FY25 Q1 7.9%
FY25 Q2 8.0%
FY25 Q3 7.6%
FY25 Q4 7.9%
FY26 Q1 7.7%
FY26 Q2 7.7%
FCF margin (TTM) RCM Technologies, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 12.9% FCF margin (TTM), FY23 Q4: 3.6% FCF margin (TTM), FY24 Q1: 6.1% FCF margin (TTM), FY24 Q2: 1.7% FCF margin (TTM), FY24 Q3: -4.0% FCF margin (TTM), FY24 Q4: 1.3% FCF margin (TTM), FY25 Q1: 4.8% FCF margin (TTM), FY25 Q2: 0.1% FCF margin (TTM), FY25 Q3: 1.1% FCF margin (TTM), FY25 Q4: 5.4% FCF margin (TTM), FY26 Q1: 1.2% FCF margin (TTM), FY26 Q2: 6.8% 6.8%

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

View chart data
Period FCF margin (TTM)
FY23 Q3 12.9%
FY23 Q4 3.6%
FY24 Q1 6.1%
FY24 Q2 1.7%
FY24 Q3 -4.0%
FY24 Q4 1.3%
FY25 Q1 4.8%
FY25 Q2 0.1%
FY25 Q3 1.1%
FY25 Q4 5.4%
FY26 Q1 1.2%
FY26 Q2 6.8%

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

Where the money goes

FY2025, from the 10-K

Each dollar RCM Technologies took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $319M
  2. Cost of revenue $231M · 72.5%
  3. Gross profit $87.9M · 27.5%
  4. Selling, general and admin $60.9M · 19.1%
  5. Other operating costs $1.9M · 0.6%
  6. Operating income $25.1M · 7.9%
  7. Income tax $5.7M · 1.8%
  8. Interest and other $3M · 0.9%
  9. Net income $16.3M · 5.1%

Shares of revenue. Source: RCM Technologies's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

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

Fiscal year 2010 Jan 2011 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Jan 2015 2015 Jan 2016 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Jan 2021 2021 Jan 2022 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Jan 2026 LTM Jul 2026
Income
Revenue 162 144 146 171 194 186 176 187 200 191 150 204 285 263 278 319 334
Gross profit 46 41 40 44 52 52 47 48 49 49 39 53 83 77 80 88 90
EBITDA 10 8 7 4 12 9 5 2 7 8 −10 15 30 25 24 27 28
Operating income 9 7 5 3 11 8 4 0 5 7 −11 14 29 24 22 25 26
Net income 6 4 3 2 7 6 2 2 3 4 −9 11 21 17 13 16 17
Diluted EPS $0.44 $0.33 $0.26 $0.16 $0.54 $0.47 $0.14 $0.17 $0.22 $0.31 −$0.73 $0.95 $2.00 $1.96 $1.68 $2.14 $2.29
Growth (year on year)
Revenue — −11.2% +1.4% +17.1% +13.5% −4.1% −5.0% +5.8% +7.3% −4.6% −21.3% +35.5% +39.6% −7.5% +5.8% +14.7% +11.2%
EBITDA — −21.3% −19.7% −44.0% +219.7% −21.2% −41.6% −62.3% — +16.8% −217.3% — +95.8% −16.5% −1.9% +10.6% +7.4%
Operating income — −22.3% −25.4% −51.1% — −25.4% −51.2% −92.7% — +21.3% −266.7% — +103.7% −17.7% −5.8% +12.4% +8.2%
Net income — −26.2% −24.6% −38.3% — −11.7% −70.8% — — — −318.6% — +90.1% −19.4% −20.8% +22.6% +25.9%
Diluted EPS — −25.0% −21.2% −38.5% — −13.0% −70.2% — — — −335.5% — +110.5% −2.0% −14.3% +27.4% +30.4%
Margins
Gross margin 28.5% 28.3% 27.2% 26.0% 26.7% 27.9% 26.7% 25.9% 24.6% 25.4% 25.8% 26.1% 29.1% 29.1% 28.7% 27.5% 26.9%
EBITDA margin 6.4% 5.7% 4.5% 2.1% 6.0% 5.0% 3.1% 1.1% 3.5% 4.3% −6.4% 7.5% 10.5% 9.5% 8.8% 8.5% 8.4%
Operating margin 5.6% 4.9% 3.6% 1.5% 5.4% 4.2% 2.2% 0.1% 2.7% 3.4% −7.3% 6.9% 10.1% 9.0% 8.0% 7.9% 7.7%
Net margin 3.6% 3.0% 2.2% 1.2% 3.5% 3.2% 1.0% 1.1% 1.4% 2.1% −5.9% 5.4% 7.3% 6.4% 4.8% 5.1% 5.1%
Free-cash-flow margin 8.2% 4.3% 2.1% −3.0% 1.1% 5.2% 6.1% 2.2% −0.8% −2.7% 16.5% 0.2% 9.6% 3.6% 1.3% 5.4% 6.8%
Cash flow
Cash from operations 13 6 4 −4 4 12 12 5 −0 −5 25 1 28 12 6 19 24
Capital spending 0 0 1 1 2 3 1 1 2 0 0 1 1 3 3 2 1
Free cash flow 13 6 3 −5 2 10 11 4 −2 −5 25 0 27 10 4 17 23
Stock-based pay 0 0 0 1 1 1 1 1 1 1 1 1 2 2 3 4 4
Free cash flow after stock pay 13 6 3 −6 1 8 10 3 −2 −6 24 −1 26 7 1 14 19
Balance sheet
Cash 25 28 14 9 6 1 0 3 0 2 1 0 0 6 5 3 7
Total debt 0 0 0 0 20 21 14 27 28 35 12 14 9 31 35 25 23
Net debt (negative = net cash) −25 −28 −14 −9 14 20 14 24 27 33 11 14 8 25 30 22 17
Diluted shares — 13m 13m 12m 13m 13m 12m 12m 12m 13m 12m 12m 10m 9m 8m 8m 7m
Returned to shareholders
Dividends — — 12 — 25 13 0 12 — — — — — — — — —
Buybacks 0 3 — 0 0 3 4 0 — — 2 9 18 26 8 7 9
Total returned 0 3 12 0 25 15 4 13 — — 2 9 18 26 8 7 9

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 2 checks passed · July 4, 2026
What it owns · $134m
Short-term assets $100mLonger-term assets $34m
What it owes, and who funded it · $134m
Short-term liabilities $52mLonger-term liabilities $33mShareholders' equity $49m
  • Short-term assets cover short-term liabilities $100m of assets due within a year against $52m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $100m short-term assets against $33m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From RCM Technologies, 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)
$8.9M
Returned to shareholders
39%
of free cash flow
Buybacks, last 3 fiscal years
$40.9M
Diluted share count
−3.4%
year over year
Total shareholder yield
3.6%
dividends 0.0% + buybacks 3.6% of market value
Sales & admin spending
18.5%
of revenue
Days sales outstanding
86 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in it consulting & other services
Last 12 months unless stated RCMT INOD HCKT GDYN RMNI TLS Median
Revenue, last 12 months $334m $317m $287m $433m $438m $194m $383m
Revenue growth, last 12 months 11.2% 39.0% −9.1% 6.6% 2.9% 65.9% 5.7%
Revenue growth, 3-year average 8.3% 60.8% −0.4% 11.1% 0.8% 2.7% 4.3%
Revenue growth, latest quarter 20.0% 57.8% −12.1% 9.7% 8.3% 32.7% 4.7%
Gross margin 26.9% 39.5% 41.3% 36.5% 60.5% 36.6% 28.0%
Operating margin 7.7% 15.8% 10.9% 1.7% 5.9% −9.9% 5.9%
Operating margin, 3-year average 8.2% — 12.2% 0.0% 4.7% −28.4% 7.5%
Net margin 5.1% 14.7% 5.9% 1.8% 2.5% −8.1% 2.2%
Cash from operations / revenue 7.1% 61.9% 14.1% 9.3% 6.2% 17.9% 6.7%
Free-cash-flow margin 6.8% 58.0% 10.9% 6.1% 5.1% 17.4% 5.0%
Free-cash-flow margin, 3-year average 2.9% 25.0% 12.3% 5.9% 0.9% 3.0% 6.7%
Stock pay / revenue 1.1% 5.9% 3.4% 5.7% 2.3% 11.1% 2.2%
Change in share count −3.4% 1.7% −7.4% −3.2% 1.9% 3.5% 0.9%

Median of all 40 companies we cover in it consulting & other services. 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

40 it consulting & other services companies
Measure Company Peer median Rank
Revenue growth Growth 11.2% 6.5% 11 of 40
Change in growth rate Growth +1.9pp -0.8pp 9 of 40
Gross margin Profitability 26.9% 28.2% 19 of 34
Operating margin Profitability 7.7% 5.9% 15 of 36
Net margin Profitability 5.1% 2.5% 18 of 40
Free-cash-flow margin Cash generation 6.8% 5.1% 17 of 38
Stock pay as % of revenue Cash generation 1.1% 2.3% 11 of 36
Change in share count Balance sheet -3.4% 0.9% 11 of 39
Days sales outstanding Balance sheet 86 days 71 days 23 of 30

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

Where the revenue comes from

Fiscal year to January 3, 2026
Segments
Line of business Revenue Share YoY
Specialty Health Care $164M 51.4% ▲ 15.0%
Engineering $120M 37.7% ▲ 24.9%
Life Sciences Data Solutions $34.8M 10.9% ▼ 11.3%
Corporate $0 0.0% —
Products and services
Line of business Revenue Share YoY
Health Care $164M 51.1% ▲ 15.0%
Engineering Services $120M 37.5% ▲ 24.9%
Technology services $34.8M 10.8% ▼ 11.3%
Services $1.7M 0.5% 0.0%
Geography
Region Revenue Share YoY
United States $290M 90.9% ▲ 13.0%
Europe $15.3M 4.8% ▲ 106.8%
Canada $7.5M 2.4% ▲ 4.7%
PR $6.4M 2.0% ▼ 9.3%

From RCM Technologies, Inc.'s 10-K filed April 3, 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
$82.4M
Institutions reporting
83
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
14 / 10

Top buyers and sellers, Q2 2026: 39 institutions bought and 38 sold ; the biggest buyer was Mink Brook Asset Management LLC (+135K shares) and the biggest seller Sei Investments Co (−60K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Renaissance Technologies LLC $11.1M 392K 13.4% ▼ 10.0%
Pacific Ridge Capital Partners, LLC $8.6M 305K 10.4% ▲ 6.8%
Blackrock, Inc. $8.1M 285K 9.8% ▼ 3.7%
Vanguard Capital Management LLC $5.5M 195K 6.7% ▼ 9.0%
Dimensional Fund Advisors LP $4.9M 175K 6.0% ▲ 2.9%
Ballast Asset Management, LP $4.5M 160K 5.5% ▼ 0.8%
Punch & Associates Investment Management, Inc. $4.1M 145K 5.0% ▼ 5.4%
Mink Brook Asset Management LLC $3.8M 135K 4.6% New
Geode Capital Management, LLC $3.3M 118K 4.1% ▲ 4.6%
State Street Corp $2.7M 94K 3.2% ▲ 36.2%
Sei Investments Co $1.9M 67K 2.3% ▼ 47.2%
Meros Investment Management, LP $1.7M 59K 2.0% ▼ 7.9%

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 RCM Technologies, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $12.6M 31 trades by 3 insiders · 97% under pre-set plans
Net ▼ $12.6M net selling
Insider Date Trade Shares Price Value
Miller Kevin D CFO August 31, 2026 Sell pre-set plan 20,271 $42.19 $855,233
Miller Kevin D CFO August 28, 2026 Sell pre-set plan 2,230 $42.00 $93,660
Miller Kevin D CFO August 26, 2026 Sell pre-set plan 1,753 $42.05 $73,714
Miller Kevin D CFO August 25, 2026 Sell pre-set plan 1,333 $42.00 $55,986
Saks Michael Division President, HC Srvs. August 21, 2026 Sell 706 $41.12 $29,031
Miller Kevin D CFO August 18, 2026 Sell pre-set plan 4,413 $42.00 $185,346
Saks Michael Division President, HC Srvs. August 18, 2026 Sell 6,265 $41.24 $258,369
Saks Michael Division President, HC Srvs. August 18, 2026 Sell 3,735 $40.78 $152,313
Vizi Bradley Executive Chairman & President August 17, 2026 Sell pre-set plan 50,000 $40.06 $2M
Vizi Bradley Executive Chairman & President August 17, 2026 Sell pre-set plan 24,719 $36.42 $900,266
Miller Kevin D CFO August 17, 2026 Sell pre-set plan 34,851 $38.06 $1.3M
Miller Kevin D CFO August 17, 2026 Sell pre-set plan 9,273 $37.49 $347,645

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 July 6, 2026 estimated from the company's past filing pattern, not announced

  • April 3, 2026
  • November 5, 2025
  • August 7, 2025
  • May 7, 2025
  • March 12, 2025
  • November 7, 2024

Recent SEC filings

Data status

When each part of this page on RCM Technologies, 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.

RCM Technologies, Inc. in brief

What does RCM Technologies, Inc. do?
RCM Technologies, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in December.
What is RCM Technologies, Inc.'s stock ticker?
RCM Technologies, Inc. trades under the ticker RCMT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is RCM Technologies, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, RCM Technologies, Inc. reported revenue of $334M, 11.2% higher than a year earlier, according to its SEC filings.
What is RCM Technologies, Inc.'s free cash flow?
RCM Technologies, Inc.'s free-cash-flow margin is 6.8% of revenue over the trailing twelve months, ranking 17 of the 38 it consulting & other services companies we cover.
What is RCM Technologies, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of RCM Technologies, Inc.'s free cash flow after stock-based pay gives ~$23 per share in the base case, and ~$16–$30 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are RCM Technologies, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Renaissance Technologies LLC, Pacific Ridge Capital Partners, LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is RCM Technologies, Inc. buying back stock, and does it pay a dividend?
RCM Technologies, Inc. spent $8.9M on share repurchases over the trailing twelve months, and its diluted share count fell 3.4% over the year.
What is RCM Technologies, Inc.'s market cap?
On November 2, 2026, RCM Technologies, Inc.'s market capitalisation was about $261M, with a price-to-earnings ratio of 15.3 and net debt of $16.8M. Market figures come from third-party market data and may be delayed.
Who are RCM Technologies, Inc.'s competitors?
In our IT Consulting & Other Services peer group, the companies closest to RCM Technologies, Inc. are Innodata Inc, Hackett Group, Inc., Grid Dynamics Holdings, Inc., Rimini Street, Inc. and Telos Corp. The side-by-side comparison below sets their revenue, margins and growth against RCM Technologies, Inc.'s.
Are insiders buying or selling RCM Technologies, Inc. stock?
Over the last 12 months, RCM Technologies, Inc.'s directors and officers reported 0 open-market purchases and 31 sales on Form 4. The insider trading page charts every trade.
When is RCM Technologies, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — RCM Technologies, Inc. announces its own schedule.