Resources Connection, Inc. income statement
In fiscal 2026, Resources Connection, Inc. reported revenue of $452m, down 18.0% on the year before, operating income of −$38.3m (a -8.5% margin) and net income of −$40.6m, or −$1.21 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017May 2017 | 2018May 2018 | 2019May 2019 | 2020May 2020 | 2021May 2021 | 2022May 2022 | 2023May 2023 | 2024May 2024 | 2025May 2025 | 2026May 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 583 | 654 | 729 | 703 | 630 | 805 | 776 | 633 | 551 | 452 | 430 |
| Cost of revenue | 362 | 408 | 447 | 428 | 388 | 488 | 463 | 387 | 344 | 282 | 271 |
| Gross profit | 221 | 246 | 282 | 275 | 241 | 317 | 313 | 246 | 207 | 170 | 159 |
| Selling, general and administrative | 183 | 209 | 224 | 228 | 209 | 225 | 229 | 209 | 202 | 203 | 198 |
| Operating income | 34 | 31 | 50 | 37 | 23 | 83 | 73 | 29 | −197 | −38 | −44 |
| Interest expense | 1 | 2 | 2 | 2 | 2 | 1 | 1 | −1 | — | — | — |
| Income before tax | 34 | 29 | 48 | 35 | 23 | 83 | 73 | 30 | −196 | −38 | −44 |
| Income tax | 15 | 10 | 16 | 7 | −3 | 16 | 18 | 9 | −4 | 2 | 2 |
| Net income | 19 | 19 | 31 | 28 | 25 | 67 | 54 | 21 | −192 | −41 | −46 |
| Diluted EPS | $0.56 | $0.60 | $0.98 | $0.88 | $0.78 | $2.00 | $1.59 | $0.62 | −$5.80 | −$1.21 | −$1.36 |
| Diluted shares (average) | 33m | 31m | 32m | 32m | 33m | 34m | 34m | 34m | 33m | 34m | 34m |
| EBITDA | 38 | 37 | 59 | 47 | 32 | 92 | 81 | 37 | −189 | −33 | −41 |
| Quarter | 2025 Q2Nov 2024 | 2025 Q3Feb 2025 | 2025 Q4May 2025 | 2026 Q1Aug 2025 | 2026 Q2Nov 2025 | 2026 Q3Feb 2026 | 2026 Q4May 2026 | 2027 Q1Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 129 | 139 | 120 | 118 | 108 | 106 | 98 |
| Cost of revenue | 90 | 84 | 83 | 73 | 74 | 69 | 66 | 61 |
| Gross profit | 56 | 45 | 56 | 47 | 44 | 39 | 40 | 37 |
| Selling, general and administrative | 51 | 51 | 51 | 48 | 54 | 46 | 55 | 43 |
| Operating income | −77 | −50 | −65 | −2 | −12 | −8 | −16 | −7 |
| Income before tax | −76 | −50 | −65 | −2 | −12 | −9 | −15 | −8 |
| Income tax | −8 | −6 | 8 | 0 | 1 | 1 | 1 | 0 |
| Net income | −69 | −44 | −73 | −2 | −13 | −9 | −16 | −8 |
| Diluted EPS | −$2.08 | −$1.34 | −$2.22 | −$0.07 | −$0.38 | −$0.28 | −$0.47 | −$0.23 |
| EBITDA | −76 | −49 | −64 | −0 | −12 | −8 | −15 | −6 |
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