RESOURCES CONNECTION, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data RESOURCES CONNECTION, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	583	654	729	703	630	805	776	633	551	452
Cost of revenue	362	408	447	428	388	488	463	387	344	282
Gross profit	221	246	282	275	241	317	313	246	207	170
Selling, general and administrative	183	209	224	228	209	225	229	209	202	203
Operating income	34.4	30.6	50.2	36.7	23	83.4	72.8	28.8	-197	-38.3
Interest expense	0.63	1.74	2.19	2.06	1.6	1.06	0.55	-1.06
Interest income	0.14	0.13
Other non-operating income						0.59	0.38	-0.01	0.14	-0.49
Pre-tax income	33.8	28.9	48	35.2	22.7	83	72.6	29.8	-196	-38.1
Income tax	15.1	10.1	16.5	6.94	-2.55	15.8	18.3	8.8	-4.3	2.46
Net income	18.7	18.8	31.5	28.3	25.2	67.2	54.4	21	-192	-40.6
EBITDA	37.9	37	58.6	47.4	32.1	91.9	81.3	37.2	-189	-33.1
EPS, basic	0.57	0.61	1.00	0.88	0.78	2.04	1.63	0.63	-5.80	-1.21
EPS, diluted	0.56	0.60	0.98	0.88	0.78	2.00	1.59	0.62	-5.80	-1.21
Shares, basic (weighted)	32.9	30.7	31.6	32	32.4	33	33.4	33.4	33.1	33.6
Shares, diluted (weighted)	33.5	31.2	32.2	32.2	32.6	33.6	34.2	33.9	33.1	33.6
Dividend per share	0.44	0.48	0.52	0.56	0.56	0.56	0.56	0.56	0.49	0.28

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	62.3	56.5	43	95.6	74.4	104	117	109	86.1	82.4
Short-term investments	0	0	5.98
Receivables	98.2	130	133	125	116	153	137	109	99.2	71.9
Other current assets	4.4	7.23	7.1	6.22	7.24	6.12	5.19	6.89	10.2	10.6
Total current assets	167	195	192	231	235	309	264	241	204	170
Property, plant and equipment	23.4	22.4	26.6	23.6	20.5	17.7	15.4	3.76	4.42	3.44
Lease right-of-use assets				34.3	24.7	17.5	15.9	11.9	22.6	17.3
Goodwill	171	192	191	214	217	210	207	217	28.8	28.8
Intangible assets	0	18.5	14.6	20.1	20.2	15.8	11.5	9.57	19	15.2
Long-term investments			0	0
Other non-current assets	1.87	2.05	3.18	4.51	1.49	3.92	7.75	17	17	13.9
Total assets	364	433	428	529	521	581	532	511	305	257
Accounts payable	14.1	23.3	21.6	15.8	16	13.6	14.5	15.2	13.9	12
Accrued liabilities	49.2	58.4	58.6	52.4	55.5	83.5	64.8	42	47.9	37.4
Total current liabilities	71.8	94.5	91.4	94.9	101	124	97.1	72.4	75.4	67.5
Long-term debt	48	63	43	88	43	54	0	0	0
Lease liabilities				30.7	20.7	13.4	10.3	8.59	20.2	18
Other non-current liabilities	4.94	6.33	6.41	5.73	8.07	2.92	2.99	2.45	1.96	2.02
Total liabilities	126	164	146	226	191	209	117	92.2	97.6	87.6
Total debt	48	63	43	88	43	54	0	0	0
Paid-in capital	399	430	460	477	490	356	379	390	400	413
Retained earnings	332	336	350	361	367	52.7	87.6	88.6	-122	-174
Treasury stock	-482	-487	-516	-521	-521	-19.7	-34.9	-42.2	-54	-52.4
Other comprehensive income	-11.4	-10.4	-12.6	-13.9	-7.39	-16.5	-17.3	-17.7	-17.9	-16.7
Shareholders' equity	238	269	282	304	330	372	415	419	207	170
Total equity	238	269	282	304	330	372	415	419	207	170
Total liabilities and equity	364	433	428	529	521	581	532	511	305	257
Shares outstanding	29.7	31.6	31.6	32.1	32.9	33.2	33.5	33.6	33.1	34.4

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	18.7	18.8	31.5	28.3	25.2	67.2	54.4	21	-192	-40.6
Depreciation and amortization	3.45	6.39	8.48	10.8	9.13	8.48	8.56	8.43	7.75	5.15
Stock-based compensation	6.07	6.03	6.57	6.06	6.61	8.17	9.52	5.73	6.75	11.6
Deferred income tax	0.2	-3.16	6.46	0.92	12.2	-11	-10.3	0.53	-6.26	0.3
Change in receivables	-1.49	-19.4	-5.69	10	11.4	-44.8	13.6	29.6	10.4	23.4
Change in payables	0.68	3.33	-1.47	-7.9	-0.7	1.02	1.55	0.31	-1.21	-1.79
Cash from operations	28.3	15.4	43.6	49.5	39.9	49.4	81.6	21.9	18.9	1.43
Capital expenditures	-4.78	-2.21	-6.9	-2.35	-3.85	-2.96	-2.01	-1.14	-2.71	-0.81
Acquisitions		-20		-30.3		0	0	0	-23.2	0
Purchases of investments			-5.98
Cash from investing	20.4	-25.7	-12.9	-26.8	-3.84	-2.96	3.94	-8.55	-13.6	1.08
Debt repaid					-45
Stock issued	3.86	6.49	19.8	5.13	1.73	13.1	10.1	0.47	0	0
Share buybacks	-119	-5.12	-29.9	-5		-19.7	-15.2	-8	-13	0
Dividends paid	-14.2	-14.3	-16.2	-17.6	-18.2	-18.6	-18.8	-18.8	-18.6	-9.4
Cash from financing	-76.9	3.47	-43.6	30.9	-59.5	-13.4	-71.9	-20.7	-27.7	-7.53
Exchange rate effect	-0.56	0.96
Net change in cash	-28.8	-5.86	-13.4	52.6	-21.2	30.1	12.6	-7.89	-22.7	-3.78
Free cash flow	23.5	13.2	36.7	47.2	36.1	46.5	79.6	20.8	16.2	0.62
Interest paid	0.63	1.77	2.44	2.19	1.56	1.05	0.96	0.35	0.35	0.16
Income taxes paid	16.8	10.6	14.2	8.26	18	24.6	-2.91	11.2	2.35	-1.21

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $3.79 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	37.5%	Gross profit / revenue.
Operating margin	-8.5%	Operating income / revenue.
EBITDA margin	-7.3%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-8.4%	Pre-tax income / revenue.
Net margin	-9.0%	Net income / revenue.
FCF margin	0.1%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	0.3%	Cash from operations / revenue.
Return on equity (ROE)	-21.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-14.4%	Net income / average total assets.
Return on invested capital (ROIC)	-29.0%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	44.9%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	2.6%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.2%	Capital expenditures / revenue.
D&A / revenue	1.1%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-18.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-16.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-6.4%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-18.2%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-18.5%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	-6.8%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-92.4%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-74.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-48.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-96.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-80.2%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-55.7%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	-42.9%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	-20.6%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	-12.9%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-18.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-25.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-12.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-15.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-21.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-13.1%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.51x	Current assets / current liabilities.
Quick ratio	2.29x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.22x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	34.0%	Total liabilities / total assets.
Working capital	$102.1M	Current assets - current liabilities.
Goodwill and intangibles / assets	17.1%	(Goodwill + intangible assets) / total assets.
Tangible book value	$125.9M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.61x	Revenue / average total assets.
Fixed asset turnover	115x	Revenue / average property, plant and equipment.
Receivables turnover	5.28x	Revenue / average receivables.
Days sales outstanding	69 days	365 x average receivables / revenue.
Days payables	17 days	365 x average accounts payable / cost of revenue.
Capex / operating cash flow	56.6%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$1.21	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	-$1.21	Net income per basic share, as reported (split-adjusted).
Revenue per share	$13.47	Revenue / diluted weighted shares.
FCF per share	$0.02	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.04	Cash from operations / diluted weighted shares.
Book value per share	$4.93	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$3.65	Tangible book value / shares outstanding.
Cash per share	$2.39	(Cash + short-term investments) / shares outstanding.
Dividend per share	$0.28	Dividend declared per common share (paid, when declared is not tagged).
Dividends / FCF	1,518.0%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	0.0%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$130.4M	Share price x shares outstanding.
Enterprise value	$48.0M	Market cap + total debt - cash - short-term investments.
P/S	0.29x	Market cap / revenue.
P/B	0.77x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.04x	Market cap / tangible book value, when positive.
P/FCF	211x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	91.4x	Market cap / cash from operations, when positive.
EV/Sales	0.11x	Enterprise value / revenue.
EV/FCF	77.5x	Enterprise value / free cash flow, when both are positive.
FCF yield	0.5%	Free cash flow / market cap.
Earnings yield	-31.1%	Net income / market cap (the inverse of P/E).
Dividend yield	7.2%	Dividends paid over the period / market cap.
Shareholder yield	7.2%	(Dividends paid + share buybacks) / market cap.

What was RESOURCES CONNECTION, INC.'s revenue in fiscal 2026?

RESOURCES CONNECTION, INC. reported revenue of $452.0M for fiscal 2026, 18% lower than the year before.

Was RESOURCES CONNECTION, INC. profitable in fiscal 2026?

No. It reported a net loss of $40.6M.

How much free cash flow did RESOURCES CONNECTION, INC. generate in fiscal 2026?

Cash from operations of $1.4M minus capital expenditures of $808.0K left free cash flow of $619.0K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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