DHI Group reported third quarter 2026 results with total revenue exceeding analyst expectations, driven by significant momentum in the ClearanceJobs segment. While the technology-focused Dice brand continued to face headwinds, the company narrowed its full-year revenue outlook and raised its margin guidance, citing disciplined expense management and strong free cash flow generation.
Key Highlights
- ClearanceJobs revenue increased 18% year-over-year to $16.5 million, supported by record bookings growth of 32% to $15.8 million.
- Dice segment revenue declined 13% to $15.7 million, although the year-over-year bookings decline narrowed to 9%, suggesting stabilization efforts are progressing.
- Adjusted EBITDA margin reached 28% for the quarter, leading the company to raise its full-year 2026 Adjusted EBITDA margin guidance to 26%.
- Free cash flow for the quarter jumped to $5.3 million from $3.2 million in the prior year, allowing for $2.0 million in debt reduction and $3.8 million in share repurchases.