RESOURCES CONNECTION, INC.

CIK: 10847653 Annual ReportsLatest: 2026-07-24
Revenue: $452,006,000Net Income: -$40,601,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / July 24, 2026

Revenue:$452,006,000
Income:-$40,601,000

10-K / July 28, 2025

Revenue:$551,300,000
Income:-$191,780,000

10-K / July 22, 2024

Revenue:$632,801,000
Income:$21,034,000

10-K / July 24, 2026

Resources Global Professionals

Overview

  • Global professional services firm headquartered in Dallas, Texas.
  • Offers three integrated services: On-Demand Talent, Consulting, and Outsourced Services (Countsy by RGP).
  • Primary markets: North America, Europe, and Asia Pacific.
  • In fiscal 2026 the company reorganized after completing the sale of Sitrick on May 2, 2026; the All Other segment was eliminated as of May 30, 2026.

Core offerings

  • On-Demand Talent: Provides skilled professionals on a flexible, project-based basis to staff initiatives quickly.
  • Consulting: Delivers transformation services across people, processes, and technology with focus areas including:
    • Finance & Accounting
    • Governance, Risk & Compliance
    • Enterprise Strategy & Operational Performance
    • Digital, Technology & Data
    • Change & Transformation Management
    • Digital transformation, process automation, data analytics, AI, and integration projects
  • Outsourced Services (Countsy by RGP): Offers outsourced finance, accounting, and HR services to startups, spinouts, and scale-ups through a technology platform and fractional teams.
  • Global delivery: Delivery centers in India and the Philippines enable blended delivery across regions.

Geographic and organizational structure

  • Operating segments (fiscal 2026): On-Demand Talent, Consulting, Europe & Asia Pacific, Outsourced Services, and Sitrick (sold).
  • Customer-facing model combines local market leadership with global delivery to serve multinational clients.

Customers and scale

  • Nearly 1,500 clients served in 26 countries (fiscal 2026).
  • No single client accounted for more than 10% of revenue in 2024–2026; the 10 largest clients together represented about 23% of revenue in 2026.
  • The Strategic Client Accounts program supports a number of large, global clients with dedicated teams.

People and culture

  • As of May 30, 2026:
    • Total employees: 3,006
    • Management and administrative employees: 591
    • Consultants: 2,415
    • About 3,000 professionals engaged across 35 physical offices and multiple virtual offices
  • Workforce approach: Attracts highly qualified consultants, maintains a distinctive culture, and offers flexible engagement models.
  • HR and culture programs: Employee resource groups (Asians at RGP; Black & Hispanic at RGP; Interfaith; Multicultural; Pride; Women in Leadership), the “You Matter” recognition program, the YuLife wellness app for U.S. employees, Leadership U development, and onboarding and sales effectiveness training.

Financial and strategic initiatives

  • Customer concentration: Top 10 clients accounted for roughly 23% of revenue in 2026; no client exceeded 10% individually during 2024–2026.
  • Ongoing transformation investments include the 2026 Transformation Initiative, workforce restructuring activities in 2025–2026, investment in digital and AI capabilities, and a multi-year technology modernization program (Project Phoenix).

Acquisitions and strategic moves

  • July 2024: Acquired Reference Point LLC to expand technology and data modernization offerings for financial services clients.
  • 2024–2026: Acquired Veracity Consulting Group, LLC and CloudGo Pte. Ltd. (and subsidiaries), integrated into the Consulting practice to expand ServiceNow capabilities and Asia Pacific presence.
  • May 2, 2026: Completed sale of Sitrick; All Other segment eliminated as of May 30, 2026.

Growth strategy and market positioning

  • Positioning: Focus on project execution and consulting services for transformation, change, and compliance challenges using flexible engagement models.
  • Growth levers:
    • Increase penetration within existing clients through the Strategic Client Accounts program and higher share of clients’ professional services budgets.
    • Accelerate market and client growth by targeting large and middle-market clients, networks, and digital marketing.
    • Expand digital, AI, and technology-driven capabilities and embed AI where appropriate.
    • Strengthen brand marketing to emphasize project execution and co-delivery between clients and RGP.
    • Pursue targeted acquisitions to augment capabilities, particularly in digital, ServiceNow, and financial services.

Operational context

  • Delivery model: Hybrid approach that combines local market leadership with global delivery, centralized administrative support, and a dedicated talent management function.
  • Compliance and governance: Emphasis on the Code of Conduct, ethical standards, and internal controls, including an identified historical material weakness in internal control over financial reporting.

Summary

RGP provides flexible, project-based professional services through On-Demand Talent, Consulting, and Outsourced Services (Countsy by RGP). The firm serves nearly 1,500 clients across 26 countries, employs about 3,006 people (2,415 consultants; 591 management/administrative), and operates from 35+ offices plus virtual teams. The company completed the Sitrick divestiture in May 2026, has completed several strategic acquisitions to broaden digital, AI, and ServiceNow capabilities, and is executing a transformation initiative to improve efficiency and integration.