Resources Connection FY26 net loss narrows to $40.6 million; revenue drops 18% to $452 million

Reuters2026/07/24 18:59

By:Reuters

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Resources Connection posted a GAAP net loss of USD 40.6 million; revenue fell 18% to USD 452 million.
GAAP operating loss narrowed to USD 38.3 million from USD 196.8 million a year earlier, when results included a USD 194.4 million goodwill impairment.
Non-GAAP adjusted EBITDA dropped 78.49% to USD 5 million; adjusted EBITDA margin shrank to 1.1% from 4.3%.
SG&A was USD 202.8 million, or 44.9% of revenue, reflecting USD 12.2 million in executive transition costs and USD 7.1 million in Sitrick-related transaction costs.
Completed the sale of crisis communications firm Sitrick on May 2, 2026 for a USD 1.9 million purchase price as part of a transformation to simplify the portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resources Connection Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001084765-26-000051), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Resources Connection FY26 net loss narrows to $40.6 million; revenue drops 18% to $452 million

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