WillItSurvive

Robert Half

Global staffing firm placing temp and permanent workers, plus Protiviti consulting arm.

Losing its protection
Assessed 22 July 2026 · Evidence as of 22 July 2026
The structural protection is eroding.
On the recordSince 22 July 2026 · Checkable from July 23, 2026 · Every call on the record Checkpoint: Q2 2026 earnings release
The call

Robert Half keeps its top ranking and specialized niche, but rivals are growing while it shrinks, leaving the AI erosion question unresolved going into July earnings.

Robert Half finds workers for companies through temporary staffing and consulting services. The company has a strong brand and handles specialized placements that need human judgment, which are hard to replace quickly. However, AI tools and larger competitors like ManpowerGroup and Adecco are taking business by automating the simple parts of hiring (like reading resumes and finding candidates), and Robert Half's revenue is shrinking. The key question is whether the company can cut costs fast enough and grow its specialized, high-touch consulting work before AI automation eats away more of its core business.

Why
01
AI pressure: LinkedIn, Indeed, and AI-native sourcing/screening tools. AI tools now handle resume screening and basic candidate matching, the commodity work that used to fund Robert Half branches. Could AI do the core job? Only partly.
02
Bigger players: ManpowerGroup and Adecco Group. ManpowerGroup grew revenue 7.5% and Adecco gained 245bps on peers in 2025 while Robert Half revenue fell 7.2%. Could a giant copy it? Yes, easily.
03
What protects it. Deep bench of 28 million candidate profiles plus high-touch specialized placement and Protiviti consulting relationships that resist self-service automation.
What would change this call
Robert Half Q2 2026 earnings, July 23, 2026, vs consensus $1.32B revenue and $0.26 EPS. Confirms whether revenue decline is stabilizing or worsening versus growing rivals.
Whether Q3 2026 guidance shows y/y growth in consolidated income and EPS as management committed. Tests if cost cuts and mix shift can offset AI erosion and peer share gains.
ManpowerGroup and Adecco Q3/Q4 2026 revenue growth rates compared to Robert Half's. Shows if the growth gap to direct staffing rivals is widening or narrowing.
Key numbers
  • FY2025 revenue $5.38B, down 7.2% y/y (2026-06-27)
  • ManpowerGroup Q2 2026 revenue up 7.5% y/y (2026-07-22)
  • Stock 52-week range $21.83 to $43.26 (2026-07-21)
Named risks
  • Revenue decline of 7.2% in FY2025 continuing into 2026 despite cost cuts. Severity: high
  • AI automation eroding commoditizable resume screening and sourcing functions. Severity: high
  • Losing share to faster-growing peers ManpowerGroup and Adecco. Severity: high
  • Active FLSA wage litigation filed March 2026 in Arizona federal court. Severity: medium
  • U.S. regulatory headwinds pressuring Protiviti risk and compliance consulting demand. Severity: medium
Rivals, as read in July 2026
RivalDirectionEvidence
ManpowerGrouplosing toManpowerGroup grew revenue 7.5% y/y in Q2 2026 while Robert Half revenue declined, reported July 22, 2026
Adecco Grouplosing toAdecco outpaced staffing peers by 245 basis points in 2025 revenue growth, per company report March 2026
Randstadlosing toRandstad operates at multiples of Robert Half's revenue scale in the same specialized staffing market, 2026 estimates
AI-native sourcing platforms (LinkedIn, Indeed)losing toManagement flagged automation pressures eroding core sourcing and screening demand, July 10, 2026
Questions people ask
Is Robert Half profitable in 2026?
Robert Half remains profitable but shrinking: Q1 2026 net income was $14 million ($0.14 EPS), down from $17 million a year earlier, on revenue of $1.300 billion, down 4% to 6% year over year, as of April 23, 2026.
Is Robert Half losing market share to competitors?
Yes. Robert Half's FY2025 revenue fell 7.2% to about $5.38 billion while ManpowerGroup grew 7.5% year over year in its most recent reported quarter (July 2026) and Adecco outpaced peers by 245 basis points in 2025, per company reports.
Could AI replace Robert Half recruiters?
Robert Half's own survey found 67% of HR leaders say AI-generated applications are slowing hiring, and management has flagged automation pressures as a risk to core staffing demand, as of July 10, 2026, though high-touch placement and Protiviti consulting remain harder to automate.
Who owns Robert Half?
Robert Half Inc. is a standalone publicly traded company on the NYSE under ticker RHI, with no parent company; it owns subsidiary Protiviti, a global risk and consulting firm founded in 2002, as of July 2026 filings.
What is Robert Half's biggest competitor?
ManpowerGroup, Adecco Group, and Randstad are Robert Half's closest rivals in specialized staffing; each is far larger by revenue, and ManpowerGroup posted 7.5% year over year revenue growth versus Robert Half's declines, reported July 22, 2026.
Has Robert Half had layoffs in 2026?
Robert Half announced $30 million in annualized cost savings tied to a Q2 2026 severance charge, following FY2025 revenue decline of 7.2% to $5.38 billion, though overall global headcount stayed roughly flat at 67,616 as of December 2025.
Timeline
  • 2026-07-23Robert Half scheduled to release Q2 2026 earnings after market close
  • 2026-07-20Analyst consensus projects Q2 2026 revenue of $1.32B, down 3.4% y/y
  • 2026-07-10Buy upgrade issued citing cost cuts and possible labor-market bottom
  • 2026-05-27UK unit reports AI Engineer job postings up 81% year over year
  • 2026-05-25Management guides to y/y growth in income and EPS for Q3 2026
  • 2026-05-07Robert Half wins two Stevie Awards including Best AI/ML Solution
  • 2026-05-05Robert Half ranks No. 1 on Forbes recruiting firms list for 8th year
  • 2026-04-23Q1 2026 revenue reported at $1.300B, down 4-6% y/y
  • 2026-03-10Survey finds 67% of HR leaders say AI applications slow hiring
  • 2025-05Magallon v. Robert Half FCRA class action settled for $4.38 million
Revision history
22 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources