RCM Technologies Inc (NASDAQ: RCMT) is a specialty staffing and technology solutions company that deploys consultants and project teams across three segments: Specialty Health Care, Engineering, and Life Sciences, Data and Solutions (LS&D). Revenue comes from billing clients for the time and services of placed professionals, with costs of services driven primarily by consultant salaries, payroll taxes, and benefits. The company operates across healthcare institutions, school districts, utility and aerospace firms, and pharmaceutical companies. Customer concentration is material: two customers exceeded 10% of consolidated revenue each (20.8% and 13.6%) in fiscal year ended January 3, 2026, and the top twenty customers accounted for 75.0% of revenue in the same period. RCMT does not pay dividends. The Board authorized a share repurchase program of up to $50.0 million as of March 29, 2024. International operations span Canada, Germany, the Philippines, Puerto Rico, and Serbia, generating approximately 9.1% of revenue outside the United States for the fiscal year ended January 3, 2026.
- Revenue model
- Transactional staffing and project services model: clients are billed for hours worked or project deliverables by placed consultants and contractors. Costs are primarily consultant compensation, payroll taxes, and benefits.
- Products and services
- Specialty Health Care: allied and therapy staffing, correctional healthcare staffing, health information management coding, nursing services, locum tenens physician placement, school nurse and therapist staffing, telepractice and teletherapy services. Engineering: energy services for utility power generation and transmission, aerospace and defense engineering and technical services, process and industrial engineering. Life Sciences, Data and Solutions: software development, infrastructure services, data management, AI-driven predictive analytics for pharmaceutical clients, human capital management, managed IT solutions.
- Customers and end markets
- Healthcare institutions, hospital systems, school districts, correctional facilities, utility companies, aerospace and defense prime contractors, pharmaceutical and medical device companies, Fortune 100 IT clients. Two customers each exceeded 10% of consolidated revenue in fiscal year ended January 3, 2026.
- Value-chain role
- Intermediary between skilled professionals and end-client organizations. Recruits, screens, deploys, and manages consultants and contractors on short-term and long-term assignments. Provides project management oversight alongside individual resource placements.
- Geographic exposure
- Primarily United States. International operations in Canada, Germany, Philippines, Puerto Rico, and Serbia. Approximately 9.1% of revenue generated outside the United States for the fiscal year ended January 3, 2026.
Source: SEC 10-K, filed 2026-04-03
Industry:
Services-Help Supply Services
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