RCMTNasdaqServices-Help Supply ServicesUS GAAP · USD

RCM Technologies, Inc

RCM Technologies is a U.S.-based staffing and professional services company that provides outsourced workforce, engineering, information technology, and life sciences solutions. Its business is organized around placing specialized personnel and delivering project-based services to clients across healthcare, industrial, technology, and other end markets.

Revenue319m USD
Operating profit (EBIT)25.1m USD
+0.0 %y/y
EBIT margin7.9%
Net income16.3m USD
+0.0 %y/y
Free cash flow17.4m USD
+0.0 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

0100200300400m USD2021: EBIT 14 m USD20212022: EBIT 29 m USD20222023: EBIT 24 m USD20232024: EBIT 22 m USD20242025: EBIT 25 m USD20252026: 319 m USD2026: EBIT 25 m USD202631925
RevenueOperating profit (EBIT)

Business

Share of revenue
Specialty Health Care35 %

Staffing and service solutions for school-based and non-school health care clients.

Engineering25 %

Technical staffing and project services for engineering and industrial clients.

Information Technology20 %

IT staffing, consulting, and outsourced technology support services.

Life Sciences10 %

Specialized staffing and project support for life sciences customers.

Other Services10 %

Additional outsourced staffing and professional services across niche markets.

Products

Reported · share of revenue
51.4%37.7%10.9%FY2026100 %
  • Health Care51.4 %
  • Engineering Services37.7 %
  • Technology Service10.9 %

Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

RCM serves organizations that need specialized labor, project teams, or outsourced support rather than permanent in-house hiring. Its customer base includes school systems, health care providers, industrial companies, and businesses that need engineering, IT, or life sciences expertise. The model depends on recurring client relationships, the ability to supply qualified personnel quickly, and maintaining service quality across multiple end markets.

School clients

Public and private school systems buying specialty health care staffing for student services and related needs.

Non-school health care clients

Hospitals, long-term care groups, and other providers buying specialty health care staffing and support.

Engineering and industrial clients

Companies buying technical staffing and project services for engineering and operations work.

Information technology clients

Businesses outsourcing IT staffing, implementation, and support work.

Life sciences clients

Organizations needing specialized personnel for regulated scientific and technical work.

Strategy

RCM’s strategy centers on expanding specialized service lines, deepening client relationships, and using outsourced solutions to support customers adopting new technology and staffing models. The company also emphasizes selective acquisitions and integration, which can broaden its service mix and customer reach.

Expand specialty service linesMedium term

Diversifies revenue and increases relevance with clients needing specialized labor.

Strengthen recruiting and delivery capacityShort term

The business depends on attracting and retaining qualified personnel for client assignments.

Pursue acquisitions and integrationMedium term

Acquisitions can add scale, capabilities, and customer relationships in fragmented markets.

Geography

Q2/2026

RCM is primarily a United States business, with operations and customer relationships centered in the U.S. The company also has exposure to Canada, which matters because foreign currency movements, especially in the Canadian dollar, can affect reported results and cash flows.

United States94 %
Europe2.7 %
Puerto Rico2.1 %
Canada1.6 %

Share of the revenue the company reports by geography.

Risks

RCM’s results depend on labor demand, client spending, and the availability of qualified personnel, making the business sensitive to economic cycles and staffing market conditions. It also faces customer concentration, collection risk, wage-and-hour compliance, cyber risk, and foreign exchange exposure, especially in Canada. Litigation, workers’ compensation, unemployment insurance, and acquisition-related obligations can also affect operating performance and cash flow.

Sorted by severity
Dependence on client demand for staffing and outsourced servicesHigh

Revenue falls if customers reduce hiring, project spending, or outsourcing volumes.

ExposureTemporary staffingEngineeringITLife sciences services
Ability to recruit and retain qualified personnelHigh

The company must source specialized workers quickly to meet client requirements.

ExposureSpecialty health careEngineeringIT placements
Customer concentration and receivables collectionHigh

Large customers can influence revenue and delayed payments can pressure cash flow.

Exposure: Significant customers and long-term service contracts

Employment, wage-and-hour, and staffing liability claimsHigh

Staffing businesses face legal and regulatory exposure tied to worker classification and pay practices.

Exposure: Temporary staffing and placement operations

Cybersecurity and information systems disruptionMedium

The company handles sensitive client and employee data and relies on internal systems and vendors.

Exposure: IT systems and third-party vendors

Foreign currency exposure, especially Canadian dollarMedium

Exchange-rate changes can affect translated results and transaction gains/losses.

Exposure: Canadian operations and cross-border activity

Accounting

Judgemental items
Revenue recognition for staffing and project services

Service timing and contract structure affect when revenue is recorded.

Impact: Can shift quarterly revenue and margin comparisons

Allowance for doubtful accounts

Customer payment delays or disputes can require credit-loss reserves.

Impact: Affects operating income and cash conversion

Workers’ compensation and employment-related reserves

Staffing businesses face claims and insurance-related liabilities that require estimates.

Impact: Can materially affect SG&A and accrued liabilities

Earnout and deferred consideration liabilities

Acquisition payments may depend on future performance and fair value estimates.

Impact: Can create non-cash remeasurement gains or losses

Foreign currency translation and transaction gains/losses

Canadian operations and cross-border balances create FX exposure.

Impact: Affects other expense, net and reported earnings

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026