DHI Group — Third Quarter 2026 Earnings Summary

Financial Performance:

• Total revenue was $32.2 million, consistent with the third quarter of 2025.
• Net income was $2.4 million ($0.06 per diluted share), compared to a net loss of $4.3 million ($0.10 per diluted share) in the prior year quarter.
• Non-GAAP earnings per share was $0.10 per diluted share, up from $0.09 in the prior year quarter.
• Adjusted EBITDA was $8.9 million with a margin of 28%, compared to $10.3 million with a margin of 32% in the prior year quarter.
• Cash flow from operations was $7.2 million, compared to $4.8 million in the prior year quarter.
• Free cash flow was $5.3 million, compared to $3.2 million in the prior year quarter.
• Total debt remained flat at $30.0 million compared to the end of the prior year and decreased $2.0 million sequentially.
• Cash balance was $3.2 million at quarter end, up from $2.9 million at the end of the prior year.

Guidance and Future Outlook:

• Full-year 2026 revenue guidance was narrowed to $124–$126 million.
• Full-year 2026 Adjusted EBITDA margin guidance was raised to 26% for DHI Group.
• Full-year 2026 Adjusted EBITDA margin guidance was raised to 25% for Dice.
• Full-year 2026 Adjusted EBITDA margin guidance for ClearanceJobs was maintained at 40%.
• Fourth-quarter 2026 revenue guidance is $31 million–$33 million.

Business Segments and Product Lines:

• ClearanceJobs revenue was $16.5 million, up 18% year-over-year.
• ClearanceJobs bookings were $15.8 million, up 32% year-over-year.
• ClearanceJobs Adjusted EBITDA was $6.7 million with a 41% margin, compared to $5.9 million with a 43% margin in the prior year quarter.
• Dice revenue was $15.7 million, down 13% year-over-year.
• Dice bookings were $12.1 million, down 9% year-over-year.
• Dice Adjusted EBITDA was $4.0 million with a 25% margin, compared to $6.2 million with a 34% margin in the prior year quarter.
• ClearanceJobs new-business team delivered its strongest bookings quarter in the platform's 24-year history.
• ClearanceJobs recruitment package customer count increased sequentially.
• Dice year-over-year bookings decline narrowed for the second consecutive quarter.
• ClearanceJobs renewal rate on revenue was 93% in Q3 2026, compared to 85% in Q3 2025.
• Dice renewal rate on revenue was 67% in Q3 2026, compared to 69% in Q3 2025.
• ClearanceJobs retention rate was 111% in Q3 2026, compared to 106% in Q3 2025.
• Dice retention rate was 92% in Q3 2026, compared to 92% in Q3 2025.
• ClearanceJobs had 1,764 recruitment package customers at September 30, 2026, down 3% from 1,822 at September 30, 2025.
• Dice had 3,452 recruitment package customers at September 30, 2026, down 19% from 4,239 at September 30, 2025.

Market and Competitive Landscape:

• ClearanceJobs benefits from demand from traditional defense contractors, emerging defense technology companies, and allied defense firms expanding in the United States.
• Dice is positioned to serve employers' evolving needs as AI initiatives create new requirements for experienced technology professionals.
• The company operates in highly competitive markets for recruiting and career services.

Risks and Challenges:

• Enterprise renewal spending remains under pressure at Dice.
• Risks include the potential for AI models to reduce demand for technology professionals, macroeconomic conditions, government shutdowns, and competition from existing and future competitors.
• Risks also include failure to adapt the business model, system failures, network security breaches, and changes in search engine methodologies.

Management Commentary and Tone:

• CEO Art Zeile stated results reflect growing momentum at ClearanceJobs and continued progress at Dice.
• Management noted that excluding Point Solutions Group, bookings increased 15%, reflecting stronger sales execution.
• CFO Greg Schippers highlighted the cash-generating strength of the business model, disciplined expense management, and solid collections.
• Management emphasized balancing investment in growth opportunities with financial discipline, debt reduction, and returning capital to shareholders.
• Management expressed confidence that ClearanceJobs is positioned for sustained growth and that Dice is well-positioned to serve evolving employer needs.

Other Key Points:

• The Company repurchased 0.9 million shares for $3.8 million in the third quarter under its stock repurchase program and from the vesting of share-based awards.
• Fixed asset purchases increased $0.3 million (19%) to $1.9 million in the quarter.
• ClearanceJobs bookings excluding Point Solutions Group increased 15% year-over-year.
• The Company reduced debt by $2.0 million in the quarter.
• Conference call was hosted by CEO Art Zeile and CFO Greg Schippers on November 4, 2026.