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Companies $RGP
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Resources Connection, Inc. logo

Resources Connection, Inc.

rgp.com

What Do They Do?

Provides on-demand finance and accounting talent, consulting for business transformations, and outsourced finance, accounting and human resources services to companies, including startups and larger enterprises.

How Do They Make Money?

Clients pay mainly for professional services, with most invoices sent weekly and payment typically due within 30 days. Most fees are based on professionals’ hours worked; some projects have fixed prices, and a small amount comes from fees when a client hires a consultant or placed candidate permanently.

revenue
SegmentShareRevenue
On-Demand Talent
Recurring

37%
FY2023: 48%
Consulting
35%
FY2023: 34%
Europe & Asia Pacific
17%
FY2023: 12%
Outsourced Services
Recurring
8.7%
FY2023: 5.0%
All Other
2.0%
FY2023: 1.4%

Who Are Their Customers?

Companies across a range of industries buy the services; clients include startups, spinouts, scale-up enterprises, and larger organizations. Clients are invoiced directly for services.

Do Revenues Turn Into Profits?

Not on paper. It lost $40.6M in FY2026, but brought in more cash than it spent: $619K of free cash flow.

Operating income, FY2026
−8% of revenue
▼ −81% (Loss) vs FY2025 (−$196.8M, −36%)
Net income, FY2026
−9% of revenue
▼ −79% (Loss) vs FY2025 (−$191.8M, −35%)
Free cash flow, FY2026
0% of revenue
▼ −96% vs FY2025 ($16.2M, 3%)

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q1 FY2027, the three months to Aug 29, 2026
Revenue
▼ −18%
vs $120.2M in Q1 FY2026
Net income
▲ +231% (Loss)
vs −$2.4M in Q1 FY2026
On-Demand Talent share of revenue vs 37.0% in Q1 FY2026
  • Sep 3, 2026 Chief financial officer resigns and interim CFO is appointed Jennifer Y. Ryu is leaving effective October 2, 2026; Jessica Block becomes interim CFO the following day.

Shrinking. Revenue fell 44% in 4 years, from $805M in FY2022 to $452M in FY2026, about 13% a year.

Broader service lineup The older report describes a project-execution consulting firm focused on operational needs and change initiatives. The latest report presents three integrated offerings: on-demand talent, consulting, and outsourced services.

Consulting capabilities The latest report describes expanded technology and data modernization work, including artificial intelligence consulting, alongside finance, risk, compliance, and operational services.

Revenue over time
On-Demand Talent Consulting Europe & Asia Pacific Outsourced Services All Other RGP
$1B$500M$0

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