{"success":true,"data":{"pressRelease":{"id":"109984","rtpr_id":"nBw47r8SLa","ticker":"DHX","exchange":"NYSE","all_tickers":["DHX"],"title":"DHI Group Reports Second Quarter 2026 Results with 14% ClearanceJobs Revenue Growth and 24% ClearanceJobs Bookings Growth; Reaffirms Full-Year Revenue Guidance and Raises Dice Margin Outlook","author":"Business Wire","published_at":"2026-08-05T20:05:00.439Z","article_body":"DHI Group Reports Second Quarter 2026 Results with 14% ClearanceJobs Revenue\nGrowth and 24% ClearanceJobs Bookings Growth; Reaffirms Full-Year Revenue\nGuidance and Raises Dice Margin Outlook\n\nToday, DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) announced\nits financial results for the second quarter ended June 30, 2026.\n\nSecond Quarter 2026 Financial Highlights Compared to the Second Quarter\n2025(1)\n\n\n * Total revenue was $31.3 million, down 2%.\n\n\n* ClearanceJobs revenue was $15.6 million, up 14%.\n\n * Dice revenue was $15.8 million, down 14%.\n\n\n\n\n * Total bookings were $27.7 million, up 2%.\n\n\n* ClearanceJobs bookings were $14.3 million, up 24%.\n\n * Dice bookings were $13.4 million, down 14%.\n\n\n\n\n * Net income was $2.6 million, or $0.06 per diluted share, a net income margin\nof 8%, compared to net loss of $0.8 million, or $0.02 per diluted share, a net\nincome margin of negative 3%.\n\n * Non-GAAP earnings per share was $0.09 per diluted share, compared to $0.07 per\ndiluted share.\n\n * Adjusted EBITDA decreased 2% to $8.3 million, an Adjusted EBITDA Margin of 27%\ncompared to Adjusted EBITDA of $8.5 million, and a margin of 27%.\n\n\n* ClearanceJobs Adjusted EBITDA was $6.0 million with a 39% Adjusted EBITDA\nMargin, compared to Adjusted EBITDA of $6.1 million, and a 45% Adjusted EBITDA\nMargin.\n\n * Dice Adjusted EBITDA was $4.2 million with a 26% Adjusted EBITDA Margin,\ncompared to Adjusted EBITDA of $4.2 million, and a 23% Adjusted EBITDA Margin.\n\n\n\n\n * Cash flow from operations was $6.1 million, compared to $6.9 million while\nfixed asset purchases declined $0.4 million, or 20%, to generate free cash\nflow of $4.5 million, compared to $4.8 million.\n\n * Cash was $3.8 million at quarter end compared to $2.9 million at the end of\nlast year.\n\n * Total debt at the end of the quarter was $32.0 million compared to $30.0\nmillion at the end of last year.\n\n * The Company repurchased 0.7 million shares for $2.0 million in the second\nquarter under its stock repurchase program and from the vesting of share-based\nawards.\n (1) See definition of bookings and see \"Notes Regarding the Use of Non-GAAP     \n Financial Measures\" related to Adjusted EBITDA, Adjusted EBITDA Margin,         \n Non-GAAP Earnings Per Share, and Free Cash Flow, later in this press release.   \n\n\nCommenting on the results, Art Zeile, President and CEO of DHI Group, said:\n\n\"Our second quarter results demonstrate that we are executing against the\nstrategy we outlined at the beginning of the year. ClearanceJobs is performing\nexceptionally well, with bookings increasing 24% year over year, supported by\nimproving demand from both traditional defense contractors and a growing\nnumber of commercial companies pursuing government work for the first time. At\nthe same time, Point Solutions Group also exceeded our expectations, further\nexpanding the strategic value of the ClearanceJobs platform.\n\n\"While the broader technology hiring market remains in the early stages of\nrecovery, we see encouraging signs of improvement. Demand for AI talent is\naccelerating, and today approximately three-quarters of new technology job\npostings require AI-related skills. This reinforces our belief that AI is\nincreasing demand for highly skilled technology professionals rather than\nreplacing them, positioning Dice well as hiring activity begins to recover.\nTogether with our recurring revenue model, product innovation and disciplined\nexecution, we believe DHI is well positioned to create long-term shareholder\nvalue.\"\n\nGreg Schippers, CFO of DHI Group, commented:\n\n\"Our second quarter financial results reflect the resilience of our business\nmodel. Despite headwinds in Dice revenue, we generated Adjusted EBITDA of $8.3\nmillion with a 27% margin while delivering nearly $4.5 million of free cash\nflow during the quarter. ClearanceJobs again produced exceptional\nprofitability, while Dice maintained strong margins as we balance investments\nwith disciplined expense management.\n\n\"Our strong cash generation continues to provide meaningful financial\nflexibility. During the quarter, we repurchased approximately 650,000 shares\nunder our share repurchase program while at the same time investing in\nstrategic growth initiatives and maintaining a healthy balance sheet. We\nremain committed to disciplined capital allocation and are reaffirming our\nrevenue and consolidated Adjusted EBITDA margin guidance for the full year,\nwhile increasing our full-year Adjusted EBITDA margin outlook for Dice to 24%,\nas we continue executing our long-term strategy.\"\n\nFiscal 2026 Financial Guidance\n\nDHI is reaffirming its previously issued revenue guidance for the full year\n2026 and providing third quarter guidance. The Company is also maintaining its\nfull year Adjusted EBITDA margin guidance of 25% for DHI and 40% for\nClearanceJobs, while increasing its full-year Adjusted EBITDA margin guidance\nfor Dice to 24% from 22%.\n             ClearanceJobs                  Dice                        DHI                         \n             Q3 2026           FY 2026      Q3 2026        FY 2026      Q3 2026        FY 2026      \n Revenues    $15M-$16M         $62M-$64M    $15M-$16M      $62M-$64M    $30M-$32M      $124M-$128M  \n\n\nConference Call Information\n\nArt Zeile, President and Chief Executive Officer, and Greg Schippers, Chief\nFinancial Officer, will host a conference call today, August 5, 2026, at 5:00\np.m. Eastern Time to discuss the Company’s financial results and recent\ndevelopments.\n\nThe call can be accessed by dialing 844-890-1790 (in the U.S.) or 412-380-7407\n(outside the U.S.). Please ask to be placed into the DHI Group, Inc. call. A\nlive webcast of the call will simultaneously be available through the Investor\nRelations section of the Company’s website, https://www.dhigroupinc.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=https%3A%2F%2Fwww.dhigroupinc.com%2C&index=1&md5=f9a7259838658da9a6e8e3e63248e934)\nand will be available for replay after the call ends.\n\nAbout DHI Group, Inc.\n\nDHI Group, Inc. (NYSE: DHX) is a provider of AI-powered career marketplaces\nthat focus on technology roles. DHI’s two brands, ClearanceJobs and Dice,\nenable recruiters and hiring managers to efficiently search for and connect\nwith highly skilled technology professionals based on the skills requested.\nThe Company’s patented algorithm manages over 100,000 unique technology\nskills. Additionally, our marketplaces allow tech professionals to find their\nideal next career opportunity, with relevant advice and personalized insights.\nLearn more at www.dhigroupinc.com.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=www.dhigroupinc.com.&index=2&md5=04ab5ce8b8e9414aac7b36c036d11314)\n\nForward-Looking Statements\n\nThis press release and oral statements made from time to time by our\nrepresentatives contain forward-looking statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995, Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. You should not place undue reliance on those\nstatements because they are subject to numerous uncertainties and factors\nrelating to our operations and business environment, all of which are\ndifficult to predict and many of which are beyond our control. Forward-looking\nstatements include, without limitation, information concerning our possible or\nassumed future financial condition, liquidity and results of operations,\nincluding expectations (financial or otherwise), our strategy, plans,\nobjectives, and intentions, growth potential, and statements regarding our\nfinancial outlook. These statements often include words such as “may,”\n“will,” “should,” “believe,” “expect,” “anticipate,”\n“intend,” “plan,” “estimate,” \"target\" or similar expressions.\nThese statements are based on assumptions that we have made in light of our\nexperience in the industry as well as our perceptions of historical trends,\ncurrent conditions, expected future developments and other factors we believe\nare appropriate under the circumstances. Although we believe that these\nforward-looking statements are based on reasonable assumptions, you should be\naware that many factors could affect our actual financial results or results\nof operations and could cause actual results to differ materially from those\nin the forward-looking statements. These factors include, but are not limited\nto, our ability to execute our tech-focused strategy, a write-off of all or a\npart of our goodwill and intangible assets, backlog not accurately\nrepresenting future revenue, competition from existing and future competitors\nin the highly competitive markets in which we operate, failure to adapt our\nbusiness model to keep pace with rapid changes in the recruiting and career\nservices business and the development of new products and services,\nmacroeconomic conditions, including government shutdowns, the impact of\ninitiatives to restructure or streamline government agencies, such as DOGE,\nthe risk that AI models will reduce demand for technology professionals in the\nworkforce, failure to maintain and develop our reputation and brand\nrecognition, failure to increase or maintain the number of customers who\npurchase recruitment packages, failure to attract qualified professionals to\nour websites or grow the number of qualified professionals who use our\nwebsites, a review of strategic alternatives may occur from time to time and\nthe possibility that such review will not result in a transaction, inability\nto successfully integrate future acquisitions or identify and consummate\nfuture acquisitions, misappropriation or misuse of our intellectual property,\nclaims against us for intellectual property infringement or failure to enforce\nour ownership of intellectual property, failure to attract and retain users\nwho create and post original content on our web properties, taxation risks in\nvarious jurisdictions and the potential for unfavorable decisions related to\ntax assessments, taxation risks impacting our liability or past sales, and\nability to make future sales, downturns in our customers' businesses, our\nindebtedness and our ability to borrow funds under our revolving credit\nfacility or refinance our indebtedness, restrictions on our current and future\noperations under such indebtedness, development and use of artificial\nintelligence, failure to timely and efficiently scale, adapt and maintain our\ntechnology and infrastructure, capacity constraints, system failures or\nbreaches of network security, usefulness of our candidate profiles to our\ncustomers, decreases in our user engagement, changes in search engines'\nmethodologies, failure to halt operations of third-party websites aggregating\nour data, our reliance on third-party hosting facilities, our compliance with\nlaws and regulations, U.S. and foreign government regulation of the Internet\nand taxation, failure to attract or retain key executives and personnel, our\nability to navigate the cyclicality or downturns of the U.S. and worldwide\neconomies, litigation related to infringement or other claims regarding our\nservices or content, our ability to defend ownership of our intellectual\nproperty, global climate change, compliance with the continued listing\nstandards of the New York Stock Exchange, volatility in our stock price,\ndifferences between estimates of financial projections and future results,\nfailure to maintain controls over financial reporting, results of operations\nfluctuating on a quarterly and annual basis, our Section 382 Rights Plan may\nhave an anti-takeover effect, anti-takeover provisions in our governing\ndocuments may make changes to management difficult, and disruption resulting\nfrom unsolicited offers to purchase the company. These factors and others are\ndiscussed in more detail in the Company’s filings with the Securities and\nExchange Commission, all of which are available on the Investors page of our\nwebsite at www.dhigroupinc.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=www.dhigroupinc.com%2C&index=3&md5=e0948476fd6754d4f0afea5d5e99e823)\nincluding the Company’s most recently filed reports on Form 10-K and Form\n10-Q and subsequent filings under the headings “Risk Factors,”\n“Forward-Looking Statements” and “Management’s Discussion and Analysis\nof Financial Condition and Results of Operations.” You should keep in mind\nthat any forward-looking statement made by the Company or its representatives\nherein, or elsewhere, speaks only as of the date on which it is made. New\nrisks and uncertainties come up from time to time, and it is impossible to\npredict these events or how they may affect us. We have no obligation to\nupdate any forward-looking statements after the date hereof, except as\nrequired by applicable federal securities laws.\n\nNotes Regarding the Use of Non-GAAP Financial Measures\n\nThe Company has provided certain non-GAAP financial information as additional\ninformation for its operating results. These measures are not in accordance\nwith, or alternatives to, measures in accordance with generally accepted\naccounting principles in the United States (“GAAP”) and may be different\nfrom similarly titled non-GAAP measures reported by other companies. The\nCompany believes that its presentation of non-GAAP measures, such as Adjusted\nEBITDA, Adjusted EBITDA Margin, Free Cash Flow, and non-GAAP Earnings Per\nShare provides useful information to management and investors regarding\ncertain financial and business trends relating to the Company's financial\ncondition and results of operations. In addition, the Company’s management\nuses these measures for reviewing the financial results of the Company and for\nbudgeting and planning purposes. Non-GAAP results exclude the impact of items\nthat management believes affect the comparability or underlying business\ntrends in our condensed consolidated financial statements in the periods\npresented. The non-GAAP measures apply to consolidated results or other\nmeasures as shown within this document. The Company has provided required\nreconciliations to the most comparable GAAP measures elsewhere in the\ndocument.\n\nNon-GAAP Earnings Per Share\n\nNon-GAAP Earnings Per Share is a non-GAAP performance measure that management\nbelieves is useful to investors and management in understanding our ongoing\noperations and in the analysis of operating trends. Non-GAAP Earnings Per\nShare is computed as diluted earnings per share plus or minus the impacts of\ncertain non-cash and other items, including non-cash stock-based compensation,\nimpairments, costs related to reorganizing the Company, including severance\nand related costs, gains or losses on investments, restructuring charges, and\ndiscrete tax items.\n\nNon-GAAP Earnings Per Share is not a measurement of our financial performance\nunder GAAP and should not be considered as an alternative to diluted earnings\nper share, net income, or any other performance measures derived in accordance\nwith GAAP as a measure of our profitability.\n\nFree Cash Flow\n\nWe define free cash flow as net cash provided by operating activities minus\nfixed asset purchases. We believe free cash flow is an important non-GAAP\nmeasure for investors as it provides useful cash flow information regarding\nour ability to service, incur or pay down indebtedness or repurchase our\ncommon stock. Management uses free cash flow as a measure to reflect cash\navailable to service our debt as well as to fund our expenditures. A\nlimitation of using free cash flow versus the GAAP measure of net cash\nprovided by operating activities is that free cash flow does not represent the\ntotal increase or decrease in the cash balance from operations for the period\nsince it includes cash used for fixed asset purchases during the period.\n\nAdjusted EBITDA and Adjusted EBITDA Margin\n\nAdjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures used by\nmanagement to measure operating performance. Management uses Adjusted EBITDA\nand Adjusted EBITDA Margin as performance measures for internal monitoring and\nplanning, including preparation of annual budgets, analyzing investment\ndecisions and evaluating profitability and performance comparisons between us\nand our competitors. The Company also uses these measures to calculate amounts\nof performance-based compensation under the senior management incentive bonus\nprogram. Adjusted EBITDA represents net income plus (to the extent deducted in\ncalculating such net income) interest expense, income tax expense,\ndepreciation and amortization, and items such as non-cash stock-based\ncompensation, certain write-offs in connection with indebtedness, impairment\ncharges with respect to long-lived assets, expenses incurred in connection\nwith an equity offering or any other offering of securities by the Company,\nextraordinary or non-recurring non-cash expenses or losses, losses from equity\nmethod investments, transaction costs in connection with the credit agreement,\ndeferred revenue written off in connection with acquisition purchase\naccounting adjustments, write-off of non-cash stock-based compensation\nexpense, severance and retention costs related to dispositions and\nreorganizations of the Company, impairment of investment and goodwill,\nrestructuring charges and losses related to legal claims and fees that are\nunusual in nature or infrequent, minus (to the extent included in calculating\nsuch net income) non-cash income or gains, including income from equity method\ninvestments, interest income, business interruption insurance proceeds, and\ngains related to legal claims that are unusual in nature or infrequent.\n\nAdjusted EBITDA Margin is computed as Adjusted EBITDA divided by revenue.\n\nWe also consider Adjusted EBITDA and Adjusted EBITDA Margin, as defined above,\nto be important indicators to investors because they provide information\nrelated to our ability to provide cash flows to meet future debt service,\ncapital expenditures, working capital requirements, and to fund future growth.\nWe present Adjusted EBITDA and Adjusted EBITDA Margin as supplemental\nperformance measures because we believe that these measures provide our board\nof directors, management and investors with additional information to measure\nour performance, provide comparisons from period to period by excluding\npotential differences caused by variations in capital structures (affecting\ninterest expense) and tax positions (such as the impact on periods or\ncompanies of changes in effective tax rates or net operating losses), and to\nestimate our value.\n\nWe understand that although Adjusted EBITDA and Adjusted EBITDA Margin are\nfrequently used by securities analysts, lenders and others in their evaluation\nof companies, Adjusted EBITDA and Adjusted EBITDA Margin have limitations as\nanalytical tools, and you should not consider them in isolation, or as a\nsubstitute for analysis of our liquidity or results as reported under GAAP.\nSome limitations are:\n\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect our cash\nexpenditures, or future requirements for capital expenditures or contractual\ncommitments;\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect changes in, or cash\nrequirements for, our working capital needs;\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect interest expense, or\nthe cash requirements necessary to service interest or principal payments on\nour debt;\n\n * Although depreciation and amortization are non-cash charges, the assets being\ndepreciated and amortized often will have to be replaced in the future, and\nAdjusted EBITDA and Adjusted EBITDA Margin do not reflect any cash\nrequirements for such replacements; and\n\n * Other companies in our industry may calculate Adjusted EBITDA and Adjusted\nEBITDA Margin differently than we do, limiting their usefulness as comparative\nmeasures.\n\nTo compensate for these limitations, management evaluates our liquidity by\nconsidering the economic effect of excluded expense items independently, as\nwell as in connection with its analysis of cash flows from operations and\nthrough the use of other financial measures, such as capital expenditure\nbudget variances, investment spending levels and return on capital analysis.\n\nAdjusted EBITDA and Adjusted EBITDA Margin are not measurements of our\nfinancial performance under GAAP and should not be considered as an\nalternative to revenue, operating income, net income, net income margin, cash\nprovided by operating activities, or any other performance measures derived in\naccordance with GAAP as a measure of our profitability or liquidity.\n DHI GROUP, INC.                                                                                                                       \n \n                                                                                                                                     \n \nCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                                                                                      \n \n                                                                                                                                     \n \n(Unaudited)                                                                                                                          \n \n                                                                                                                                     \n \n(in thousands, except per share amounts)                                                                                             \n                                                                                                                                       \n                                              For the three months ended                  For the six months ended                     \n                                              \nJune 30,                                   \nJune 30,                                    \n                                              2026                  2025                  2026                  2025                   \n                                                                                                                                   \n Revenues                                     $      31,341         $      32,027         $      61,034         $      64,328          \n                                                                                                                                       \n Operating expenses:                                                                                                                   \n Cost of revenue                                     6,299                 5,114                 11,058                10,480          \n Product development                                 2,932                 3,138                 6,013                 6,980           \n Sales and marketing                                 9,259                 10,546                18,251                21,669          \n General and administrative                          6,286                 6,517                 13,051                13,714          \n Depreciation                                        2,450                 3,761                 5,247                 7,745           \n Amortization                                        303                   —                     538                   —               \n Restructuring                                       —                     4,216                 —                     6,486           \n Impairment of goodwill                              —                     —                     —                     7,800           \n Total operating expenses                            27,529                33,292                54,158                74,874          \n Operating income (loss)                             3,812                 (1,265  )             6,876                 (10,546  )      \n Income (loss) from equity method investment         (17     )             (37     )             (40     )             27              \n Interest expense and other                          (687    )             (619    )             (1,240  )             (1,279   )      \n Income (loss) before income taxes                   3,108                 (1,921  )             5,596                 (11,798  )      \n Income tax expense (benefit)                        511                   (1,080  )             1,467                 (1,206   )      \n Net income (loss)                            $      2,597          $      (841    )      $      4,129          $      (10,592  )      \n                                                                                                                                       \n Basic earnings (loss) per share              $      0.06           $      (0.02   )      $      0.10           $      (0.23    )      \n Diluted earnings (loss) per share            $      0.06           $      (0.02   )      $      0.10           $      (0.23    )      \n                                                                                                                                       \n Weighted-average basic shares outstanding           40,604                45,354                41,009                45,429          \n Weighted-average diluted shares outstanding         42,093                45,354                42,218                45,429          \n                                                                                                                                       \n\n DHI GROUP, INC.                                                                                                                                             \n \n                                                                                                                                                           \n \nCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                                                            \n \n                                                                                                                                                           \n \n(Unaudited) (in thousands)                                                                                                                                 \n                                                                                                                                                             \n                                                                              Three months ended                       Six Months Ended                      \n                                                                              \nJune 30,                                \nJune 30,                             \n                                                                              2026                 2025                2026               2025               \n Cash flows from (used in) operating activities:                                                                                                             \n Net income (loss)                                                            $     2,597          $     (841    )     $    4,129         $    (10,592  )    \n Adjustments to reconcile net income (loss) to net cash flows from (used in)                                                                                 \n operating activities:                                                                                                                                       \n Depreciation                                                                       2,450                3,761              5,247              7,745         \n Amortization                                                                       303                  —                  538                —             \n Deferred income taxes                                                              430                  (184    )          835                (398     )    \n Amortization of deferred financing costs                                           42                   36                 78                 72            \n Stock-based compensation                                                           928                  1,536              2,079              2,627         \n Loss (income) from equity method investment                                        17                   37                 40                 (27      )    \n Impairment of goodwill                                                             —                    —                  —                  7,800         \n Change in accrual for unrecognized tax benefits                                    20                   (364    )          40                 (332     )    \n Changes in operating assets and liabilities, net of effects of acquisition:                                                                                 \n Accounts receivable                                                                2,546                5,686              2,844              4,387         \n Prepaid expenses and other assets                                                  780                  604                1,087              868           \n Capitalized contract costs                                                         43                   328                14                 (25      )    \n Accounts payable and accrued expenses                                              (357     )           1,929              (3,370   )         (2,413   )    \n Income taxes receivable/payable                                                    (609     )           (1,718  )          (87      )         (1,726   )    \n Deferred revenue                                                                   (3,031   )           (3,808  )          1,520              1,402         \n Other, net                                                                         (61      )           (136    )          (485     )         (274     )    \n Net cash flows from operating activities                                           6,098                6,866              14,509             9,114         \n Cash flows used in investing activities:                                                                                                                    \n Payment for acquisition, net of cash acquired                                      (202     )           —                  (5,188   )         —             \n Purchases of fixed assets                                                          (1,610   )           (2,025  )          (3,258   )         (4,185   )    \n Net cash flows used in investing activities                                        (1,812   )           (2,025  )          (8,446   )         (4,185   )    \n Cash flows from (used in) financing activities:                                                                                                             \n Payments on long-term debt                                                         (36,000  )           (3,000  )          (37,000  )         (8,000   )    \n Proceeds from long-term debt                                                       35,000               —                  39,000             6,000         \n Financing costs paid                                                               (576     )           —                  (576     )         —             \n Payments under stock repurchase plan                                               (1,926   )           (1,769  )          (5,738   )         (2,435   )    \n Purchase of treasury stock related to taxes on vested restricted and               (87      )           (26     )          (948     )         (1,495   )    \n performance stock units                                                                                                                                     \n Proceeds from issuance of common stock through ESPP                                60                   81                 60                 81            \n Net cash flows used in financing activities                                        (3,529   )           (4,714  )          (5,202   )         (5,849   )    \n Net change in cash for the period                                                  757                  127                861                (920     )    \n Cash, beginning of period                                                          3,012                2,655              2,908              3,702         \n Cash, end of period                                                          $     3,769          $     2,782         $    3,769         $    2,782         \n\n DHI GROUP, INC.                                                                         \n \n                                                                                       \n \nCONDENSED CONSOLIDATED BALANCE SHEETS                                                  \n \n                                                                                       \n \n(Unaudited) (in thousands)                                                             \n                                                                                         \n ASSETS                                        June 30, 2026       December 31, 2025     \n Current assets                                                                          \n Cash                                          $        3,769      $          2,908      \n Accounts receivable, net                               16,539                17,963     \n Income taxes receivable                                235                   148        \n Prepaid and other current assets                       2,853                 3,461      \n Total current assets                                   23,396                24,480     \n Fixed assets, net                                      11,398                13,288     \n Capitalized contract costs                             6,468                 6,482      \n Operating lease right-of-use assets                    4,192                 4,366      \n Investments                                            914                   965        \n Acquired intangible assets                             16,928                15,467     \n Goodwill                                               122,741               120,612    \n Other assets                                           2,638                 2,583      \n Total assets                                  $        188,675    $          188,243    \n                                                                                         \n                                                                                         \n LIABILITIES AND STOCKHOLDERS’ EQUITY                                                    \n Current liabilities                                                                     \n Accounts payable and accrued expenses         $        10,762     $          13,636     \n Deferred revenue                                       41,187                39,653     \n Operating lease liabilities                            1,115                 1,788      \n Total current liabilities                              53,064                55,077     \n Deferred revenue                                       272                   286        \n Operating lease liabilities                            7,627                 7,390      \n Long-term debt                                         32,000                30,000     \n Deferred income taxes                                  951                   116        \n Accrual for unrecognized tax benefits                  609                   569        \n Other long-term liabilities                            73                    298        \n Total liabilities                                      94,596                93,736     \n Total stockholders’ equity                             94,079                94,507     \n Total liabilities and stockholders’ equity    $        188,675    $          188,243    \n                                                                                         \n\n\nSupplemental Information and Non-GAAP Reconciliations\n\nOn the pages that follow, we have provided certain supplemental information\nthat we believe will assist the reader in assessing our business operations\nand performance, including certain non-GAAP financial information and required\nreconciliations to the most directly comparable GAAP measure. A statement of\noperations and statement of cash flows for the three and six month periods\nended June 30, 2026 and 2025 and balance sheets as of June 30, 2026 and\nDecember 31, 2025 are provided elsewhere in this press release.\n DHI GROUP, INC.                                                                  \n \n                                                                                \n \nNON-GAAP & SUPPLEMENTAL DATA                                                    \n \n                                                                                \n \n(Unaudited)                                                                     \n \n                                                                                \n \n(in thousands, except per share and customer data)                              \n                                                                                  \n                Revenue                                                           \n                Q2 2026          Q2 2025          $ Change          % Change      \n ClearanceJobs  $     15,554     $     13,626     $    1,928        14     %      \n Dice                 15,787           18,401          (2,614  )    (14    )%     \n Total Revenue  $     31,341     $     32,027     $    (686    )    (2     )%     \n\n Net income (loss)(1)                  $    2,597        $    (841    )    $      3,438    n.m.      \n Net income (loss) margin(2)                8       %         (3      )%   n.m.            n.m.      \n Diluted earnings (loss) per share(1)  $    0.06         $    (0.02   )    $      0.08     n.m.      \n Non-GAAP earnings per share(4)        $    0.09         $    0.07         $      0.02     29%       \n Adjusted EBITDA(3)                    $    8,316        $    8,494        $      (178)    (2)%      \n Adjusted EBITDA margin(2 3)                27      %         27      %    n.m.            n.m.      \n                                       Revenue                                                       \n                                       YTD 2026          YTD 2025          $ Change        % Change  \n ClearanceJobs                         $    29,550       $    27,003       $      2,547    9%        \n Dice                                       31,484            37,325              (5,841)  (16)%     \n Total Revenue                         $    61,034       $    64,328       $      (3,294)  (5)%      \n\n Net income (loss)(3)                  $   4,129      $   (10,592  )   $    14,721  n.m.  \n Net income (loss) margin(2)               7       %      (16      )%  n.m.         n.m.  \n Diluted earnings (loss) per share(3)  $   0.10       $   (0.23    )   $    0.33    n.m.  \n Non-GAAP earnings per share(4)        $   0.17       $   0.11         $    0.06    55%   \n Adjusted EBITDA(4)                    $   16,460     $   15,475       $    985     6%    \n Adjusted EBITDA margin(2 4)               27      %      24       %   n.m.         n.m.  \n\n (1) For the three months ended June 30, 2026, net income and diluted earnings    \n per share includes the net negative impact of non-cash stock-based               \n compensation and severance, professional fees and related costs of $1.8          \n million ($1.3 million net of tax), partially offset by discrete tax items of     \n $0.3 million, resulting in a net negative impact of $1.0 million, or $0.03 per   \n diluted share. For the three months ended June 30, 2025, net loss and diluted    \n loss per share includes the net negative impact of non-cash stock-based          \n compensation, severance, professional fees and related costs, and                \n restructuring of $6.0 million ($4.6 million net of tax), partially offset by     \n discrete tax items of $0.3 million, resulting in a net negative impact of $4.3   \n million, or $0.09 per diluted share.                                             \n (2) Net income (loss) margin and Adjusted EBITDA Margin are calculated by        \n dividing the respective measure by that period's revenue.                        \n (3) For the six months ended June 30, 2026, net income and diluted earnings      \n per share includes the net negative impact of non-cash stock-based               \n compensation and severance, professional fees and related costs of $3.8          \n million ($2.9 million net of tax), resulting in a net negative impact of $2.9    \n million, or $0.07 per diluted share. For the six months ended June 30, 2025,     \n net loss and diluted loss per share includes the net negative impact of          \n non-cash stock-based compensation, impairment, severance, professional fees      \n and related costs, and restructuring of $18.3 million ($15.6 million net of      \n tax) and discrete tax items of $0.2 million, resulting in a net negative         \n impact of $15.8 million, or $0.34 per diluted share.                             \n (4) See \"Notes Regarding the Use of Non-GAAP Financial Measures\" elsewhere in    \n this press release.                                                              \n\n DHI GROUP, INC.                                                               \n \n                                                                             \n \nNON-GAAP & SUPPLEMENTAL DATA                                                 \n \n                                                                             \n \n(Unaudited)                                                                  \n \n                                                                             \n \n(in thousands, except per share and customer data)                           \n                                                                               \n                 Bookings(1)                                                   \n                 Q2 2026        Q2 2025        $ Change          % Change      \n ClearanceJobs   $      14,334  $      11,569  $    2,765        24     %      \n Dice                   13,362         15,551       (2,189  )    (14    )%     \n Total Bookings  $      27,696  $      27,120  $    576          2      %      \n                                                                               \n                 YTD 2026       YTD 2025       $ Change          % Change      \n ClearanceJobs          32,374  $      28,386  $    3,988        14     %      \n Dice                   33,589         40,859       (7,270  )    (18    )%     \n Total Bookings  $      65,963  $      69,245  $    (3,282  )    (5     )%     \n\n (1) Bookings represent the value of all contractually committed services in which the contract start date is during the period and will be recognized as revenue within 12 months of the contract start date. For contracts that extend beyond 12 months, the value of those contracts beyond 12 months is recognized as bookings on each annual anniversary of each contract start date valued as the amount of revenue that will be recognized within 12 months of the respective anniversary date.  \n\n                Average Annual Revenue per Recruitment Package Customer(1)                       \n                Q2 2026           Q2 2025           $ Change                   % Change          \n ClearanceJobs  $        28,255   $        26,026   $        2,229             9        %        \n Dice           $        15,899   $        15,434   $        465               3        %        \n                YTD 2026          YTD 2025          $ Change                   % Change          \n ClearanceJobs  $        27,770   $        25,916   $        1,854             7        %        \n Dice           $        15,682   $        15,909   $        (227     )        (1       )%       \n\n (1) Calculated by dividing recruitment package customer revenue by the daily     \n average count of recruitment package customers during each month, adjusted to    \n reflect a 30-day month. The simple average of each month is used to derive the   \n amount for each period and then annualized to reflect 12 months.                 \n\n                                Renewal Rates                                       \n Renewal Rate on Revenue((1)):  Q2 2026     Q2 2025     YTD 2026      YTD 2025      \n ClearanceJobs                  87    %     87    %     86     %      90     %      \n Dice                           66    %     75    %     66     %      72     %      \n                                                                                    \n Renewal Rate on Count((2)):                                                        \n ClearanceJobs                  68    %     77    %     69     %      78     %      \n Dice                           56    %     66    %     56     %      68     %      \n\n (1) Represents the annual contract value renewed for all recruitment package   \n contracts up for renewal in the period.                                        \n (2) Represents the total number of recruitment package contracts that renewed  \n relative to the total number of recruitment package contracts up for renewal   \n in the period.                                                                 \n\n                Retention Rates(1)                                  \n                Q2 2026     Q2 2025     YTD 2026      YTD 2025      \n ClearanceJobs  110   %     103   %     106    %      105    %      \n Dice           98    %     102   %     98     %      96     %      \n\n (1) For customers that renewed their annual recruitment packages during the  \n period, the retention rate represents the annual contract value renewed,     \n relative to the previous annual contract value.                              \n\n DHI GROUP, INC.                                                          \n \n                                                                        \n \nNON-GAAP & SUPPLEMENTAL DATA                                            \n \n                                                                        \n \n(Unaudited)                                                             \n \n                                                                        \n \n(in thousands, except per share and customer data)                      \n                                                                          \n                Recruitment Package Customers                             \n                June 30, 2026  June 30, 2025  Change        % Change      \n ClearanceJobs  1,735          1,868          (133   )      (7     )%     \n Dice           3,702          4,365          (663   )      (15    )%     \n\n                                       Deferred Revenue and Backlog(1)                                                                              \n                                       June 30,       December 31,      $ Change          %           June 30,        $ Change          %           \n                                       \n2026          \n2025                               \nChange     \n2025                             \nChange     \n Deferred Revenue                      $      41,459  $        39,939   $    1,520        4     %     $      46,858   $    (5,399  )    (12   )%    \n Contractual commitments not invoiced         50,819           59,632        (8,813  )    (15   )%           54,316        (3,497  )    (6    )%    \n Backlog                               $      92,278  $        99,571   $    (7,293  )    (7    )%    $      101,174  $    (8,896  )    (9    )%    \n\n (1) Backlog consists of deferred revenue plus customer contractual commitments  \n not invoiced representing the value of future services to be rendered under     \n committed contracts.                                                            \n\n                                                                                          Non-GAAP Earnings Per Share                                             \n                                                                                          Q2 2026           Q2 2025           YTD 2026          YTD 2025          \n Reconciliation of Diluted Earnings (Loss) Per Share to Non-GAAP Earnings per                                                                                     \n Share:                                                                                                                                                           \n Diluted earnings (loss) per share                                                        $    0.06         $    (0.02   )    $    0.10         $    (0.23   )    \n Non-cash stock-based compensation(1)                                                          0.02              0.03              0.05              0.06         \n Non-cash stock-based compensation, tax impact(2)                                              (0.01   )         (0.01   )         (0.01   )         (0.01   )    \n Impairments(1)                                                                                —                 —                 —                 0.17         \n Severance, professional fees and related costs(1)                                             0.02              0.01              0.04              0.03         \n Severance, professional fees and related costs, tax impact(2)                                 —                 —                 (0.01   )         (0.01   )    \n Restructuring(1)                                                                              —                 0.09              —                 0.14         \n Restructuring, tax impact(2)                                                                  —                 (0.02   )         —                 (0.04   )    \n Discrete tax items(3)                                                                         (0.01   )         (0.01   )         —                 —            \n Other(4)                                                                                      0.01              —                 —                 —            \n Non-GAAP earnings per share                                                              $    0.09         $    0.07         $    0.17         $    0.11         \n                                                                                                                                                                  \n Weighted average shares outstanding used in computing diluted earnings (loss) per share       42,093            45,354            42,218            45,429       \n Weighted average shares outstanding used in computing non-GAAP                                42,093            45,608            42,218            45,861       \n \nearnings per share                                                                                                                                              \n                                                                                                                                                                  \n\n (1) Non-GAAP adjustment is presented on a gross basis, which excludes the impact of income taxes.  \n (2) The Company utilized a federal rate plus a net state rate that excluded                        \n the impact of share-based compensation awards and other discrete items to                          \n calculate its non-GAAP blended statutory income tax rate of 25% for the three                      \n and six month periods ended June 30, 2026 and 2025. The non-GAAP rate has been                     \n applied to compute the tax impact of non-GAAP adjustments.                                         \n (3) Discrete tax items resulted from the tax impacts of stock-based                                \n compensation awards for the three month periods ended June 30, 2026 and 2025.                      \n (4) Adjusts, as applicable, for the share impact of common stock equivalents,                      \n where dilutive, and for the impacts of rounding.                                                   \n\n DHI GROUP, INC.                                                                                                                         \n \n                                                                                                                                       \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                           \n \n                                                                                                                                       \n \n(Unaudited)                                                                                                                            \n \n                                                                                                                                       \n \n(in thousands, except per share and customer data)                                                                                     \n                                                                                                                                         \n                                                                             Free Cash Flow(1)                                           \n                                                                             Q2 2026        Q2 2025       $ Change         % Change      \n Reconciliation of Cash provided by operating activities to Free Cash Flow:                                                              \n Cash provided by operating activities                                       $      6,098   $      6,866  $    (768   )    (11    )%     \n Less:                                                                                                                                   \n Capitalized development costs2                                                     1,567          1,900       (333   )    (18    )%     \n Other fixed asset purchases                                                        43             125         (82    )    (66    )%     \n Total fixed asset purchases                                                        1,610          2,025       (415   )    (20    )%     \n Free Cash Flow                                                              $      4,488   $      4,841  $    (353   )    (7     )%     \n                                                                                                                                         \n                                                                             YTD 2026       YTD 2025      $ Change         % Change      \n Cash provided by operating activities                                       $      14,509  $      9,114  $    5,395       59     %      \n Less:                                                                                                                                   \n Capitalized development costs2                                                     3,189          3,868       (679   )    (18    )%     \n Other fixed asset purchases                                                        69             317         (248   )    (78    )%     \n Total fixed asset purchases                                                        3,258          4,185       (927   )    (22    )%     \n Free Cash Flow                                                              $      11,251  $      4,929  $    6,322       128    %      \n                                                                                                                                         \n\n (1) See \"Notes Regarding the Use of Non-GAAP Financial Measures\" elsewhere in  \n this press release. See \"Notes Regarding the Use of Non-GAAP Financial         \n Measures\" elsewhere in this press release.                                     \n (2) Capitalized development costs consists of capitalized software costs and   \n website development costs.                                                     \n\n DHI GROUP, INC.                                                                                                                                      \n \n                                                                                                                                                    \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                                        \n \n                                                                                                                                                    \n \n(Unaudited)                                                                                                                                         \n \n                                                                                                                                                    \n \n(in thousands, except per share and customer data)                                                                                                  \n                                                                                                                                                      \n                                                                             Adjusted EBITDA Reconciliations                                          \n                                                                             Q2 2026           Q2 2025           YTD 2026          YTD 2025           \n Reconciliation of Net Income (Loss) to Adjusted EBITDA:                                                                                              \n Net income (loss)                                                           $    2,597        $    (841    )    $    4,129        $    (10,592  )    \n Interest expense                                                                 687               619               1,240             1,279         \n Income tax expense (benefit)                                                     511               (1,080  )         1,467             (1,206   )    \n Depreciation                                                                     2,450             3,761             5,247             7,745         \n Amortization                                                                     303               —                 538               —             \n Non-cash stock based compensation                                                928               1,536             2,079             2,599         \n Loss (income) from equity method investment                                      17                37                40                (27      )    \n Impairment of goodwill                                                           —                 —                 —                 7,800         \n Severance, professional fees and related costs                                   823               246               1,720             1,391         \n Restructuring                                                                    —                 4,216             —                 6,486         \n Adjusted EBITDA                                                             $    8,316        $    8,494        $    16,460       $    15,475        \n                                                                                                                                                      \n Reconciliation of Cash Flows from Operating Activities to Adjusted EBITDA:                                                                           \n Net cash flows from operating activities                                    $    6,098        $    6,866        $    14,509       $    9,114         \n Interest expense                                                                 687               619               1,240             1,279         \n Amortization of deferred financing costs                                         (42     )         (36     )         (78     )         (72      )    \n Income tax expense (benefit)                                                     511               (1,080  )         1,467             (1,206   )    \n Deferred income taxes                                                            (430    )         184               (835    )         398           \n Change in accrual for unrecognized tax benefits                                  (20     )         364               (40     )         332           \n Change in accounts receivable                                                    (2,546  )         (5,686  )         (2,844  )         (4,387   )    \n Change in deferred revenue                                                       3,031             3,808             (1,520  )         (1,402   )    \n Severance, professional fees and related costs                                   823               246               1,720             1,391         \n Restructuring                                                                    —                 4,216             —                 6,486         \n Changes in working capital and other                                             204               (1,007  )         2,841             3,542         \n Adjusted EBITDA                                                             $    8,316        $    8,494        $    16,460       $    15,475        \n\n DHI GROUP, INC.                                                                                                                           \n \n                                                                                                                                         \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                             \n \n                                                                                                                                         \n \n(Unaudited)                                                                                                                              \n \n                                                                                                                                         \n \n(in thousands, except per share and customer data)                                                                                       \n                                                                                                                                           \n                                                         For the three months ended June 30, 2026                                          \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      4,612          $     1,820         $     (3,324  )     $     3,108         \n Interest expense                                               —                    —                   687                 687           \n Depreciation                                                   537                  1,913               —                   2,450         \n Amortization                                                   303                  —                   —                   303           \n Non-cash stock based compensation                              130                  242                 556                 928           \n Loss from equity method investment                             —                    —                   17                  17            \n Severance, professional fees and related costs                 413                  201                 209                 823           \n Adjusted EBITDA                                         $      5,995          $     4,176         $     (1,855  )     $     8,316         \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      15,554         $     15,787        $     —             $     31,341        \n                                                                                                                                           \n Income (loss) before income taxes                       $      4,612          $     1,820         $     (3,324  )     $     3,108         \n Income (loss) before income taxes margin(1)                    30      %            12      %     n.m.                      10      %     \n                                                                                                                                           \n Adjusted EBITDA                                         $      5,995          $     4,176         $     (1,855  )     $     8,316         \n Adjusted EBITDA margin(1)                                      39      %            26      %     n.m.                      27      %     \n\n                                                         For the three months ended June 30, 2025                                          \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      4,606          $     (2,952  )     $     (3,575  )     $     (1,921  )     \n Interest expense                                               —                    —                   619                 619           \n Depreciation                                                   881                  2,880               —                   3,761         \n Non-cash stock based compensation                              213                  534                 789                 1,536         \n Income from equity method investment                           —                    —                   37                  37            \n Severance, professional fees and related costs                 —                    (137    )           383                 246           \n Restructuring                                                  372                  3,844               —                   4,216         \n Adjusted EBITDA                                         $      6,072          $     4,169         $     (1,747  )     $     8,494         \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      13,626         $     18,401        $     —             $     32,027        \n                                                                                                                                           \n Income (loss) before income taxes                       $      4,606          $     (2,952  )     $     (3,575  )     $     (1,921  )     \n Income (loss) before income taxes margin((1))                  34      %            (16     )%    n.m.                      (6      )%    \n                                                                                                                                           \n Adjusted EBITDA                                         $      6,072          $     4,169         $     (1,747  )     $     8,494         \n Adjusted EBITDA margin((1))                                    45      %            23      %     n.m.                      27      %     \n\n (1) Income (Loss) Before Income Taxes Margin and Adjusted EBITDA Margin are  \n calculated by dividing the respective measure by that period's revenue.      \n\n DHI GROUP, INC.                                                                                                                           \n \n                                                                                                                                         \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                             \n \n                                                                                                                                         \n \n(Unaudited)                                                                                                                              \n \n                                                                                                                                         \n \n(in thousands, except per share and customer data)                                                                                       \n                                                                                                                                           \n                                                         For the six months ended June 30, 2026                                            \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      9,149          $     3,601         $     (7,154  )     $     5,596         \n Interest expense                                               —                    —                   1,240               1,240         \n Depreciation                                                   1,231                4,016               —                   5,247         \n Amortization                                                   538                  —                   —                   538           \n Non-cash stock based compensation                              285                  568                 1,226               2,079         \n Income (loss) from equity method investment                    —                    —                   40                  40            \n Severance, professional fees and related costs                 443                  328                 949                 1,720         \n Adjusted EBITDA                                         $      11,646         $     8,513         $     (3,699  )     $     16,460        \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      29,550         $     31,484        $     —             $     61,034        \n\n Income (loss) before income taxes              $   9,149       $   3,601      $   (7,154  )   $   5,596       \n Income (loss) before income taxes margin((1))      31      %       11     %   n.m.                9       %   \n                                                                                                               \n Adjusted EBITDA                                $   11,646      $   8,513      $   (3,699  )   $   16,460      \n Adjusted EBITDA margin((1))                        39      %       27     %   n.m.                27      %   \n\n                                                         For the six months ended June 30, 2025                                              \n Reconciliation of Income (loss) before income taxes to                                                                                      \n Adjusted EBITDA:                                        ClearanceJobs         Dice                 Corporate           Total                \n Income (loss) before income taxes                       $      9,125          $     (11,292  )     $     (9,631  )     $     (11,798  )     \n Interest expense                                               —                    —                    1,279               1,279          \n Depreciation                                                   1,576                6,169                —                   7,745          \n Non-cash stock based compensation                              420                  991                  1,188               2,599          \n Income (loss) from equity method investment                    —                    —                    (27     )           (27      )     \n Impairment of Goodwill                                         —                    7,800                —                   7,800          \n Severance, professional fees and related costs                 284                  85                   1,022               1,391          \n Restructuring                                                  372                  3,844                2,270               6,486          \n Adjusted EBITDA                                         $      11,777         $     7,597          $     (3,899  )     $     15,475         \n                                                                                                                                             \n Reconciliation of Adjusted EBITDA Margin:                                                                                                   \n Revenue                                                 $      27,003         $     37,325         $     —             $     64,328         \n                                                                                                                                             \n Income (loss) before income taxes                       $      9,125          $     (11,292  )     $     (9,631  )     $     (11,798  )     \n Income (loss) before income taxes margin((1))                  34      %            (30      )%    n.m.                      (18      )%    \n                                                                                                                                             \n Adjusted EBITDA                                         $      11,777         $     7,597          $     (3,899  )     $     15,475         \n Adjusted EBITDA margin((1))                                    44      %            20       %     n.m.                      24       %     \n                                                                                                                                             \n\n (1) Income (Loss) Before Income Taxes Margin and Adjusted EBITDA Margin are  \n calculated by dividing the respective measure by that period's revenue.      \n\n DHI GROUP, INC.                                                                                                         \n \n                                                                                                                       \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                           \n \n                                                                                                                       \n \n(Unaudited)                                                                                                            \n \n                                                                                                                       \n \n(in thousands, except per share and customer data)                                                                     \n                                                                                                                         \n                                                                                                                         \n A reconciliation of Adjusted EBITDA Margin for the three and six months ended                                           \n June 30, 2026 and 2025 follows (in thousands):                                                                          \n                                                                                                                         \n                                Three Months Ended June 30,                 Six Months Ended June 30,                    \n                                2026                  2025                  2026                  2025                   \n Revenues                       $      31,341         $      32,027         $      61,034         $      64,328          \n                                                                                                                         \n Net income (loss)              $      2,597          $      (841    )      $      4,129          $      (10,592  )      \n Net income (loss) margin((1))         8       %             (3      )%            7       %             (16      )%     \n                                                                                                                         \n Adjusted EBITDA                $      8,316          $      8,494          $      16,460         $      15,475          \n Adjusted EBITDA Margin((1))           27      %             27      %             27      %             24       %      \n\n (1) Net income (loss) margin and Adjusted EBITDA Margin are calculated by  \n dividing the respective measure by that period's revenue.                  \n\n\nGuidance\n\nEarlier in this press release, the Company provided guidance for Adjusted\nEBITDA margin, which is a non-GAAP financial measure. We are unable to\nreconcile expected Adjusted EBITDA margin to its nearest GAAP measure without\nunreasonable efforts because we are unable to predict with a reasonable degree\nof certainty the actual impact of items such as non-cash stock-based\ncompensation, impairments, income tax expense, gains or losses from equity\nmethod investments, severance, professional fees and related costs, and\nrestructuring charges. By their very nature, these items are difficult to\nanticipate with precision because they are generally associated with\nunexpected and unplanned events that impact our company and its financial\nresults. Therefore, we are unable to provide a reconciliation of this non-GAAP\nfinancial measure without unreasonable efforts.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260805903680/en/\n(https://www.businesswire.com/news/home/20260805903680/en/)\n\nInvestor Contact \n\nTodd Kehrli or Jim Byers\n\nPondelWilkinson, Inc.\n\n212-448-4181\n\nir@dhigroupinc.com (mailto:ir@dhigroupinc.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw47r8SLa","title":"DHI Group Reports Second Quarter 2026 Results with 14% ClearanceJobs Revenue Growth and 24% ClearanceJobs Bookings Growth; Reaffirms Full-Year Revenue Guidance and Raises Dice Margin Outlook","author":"Business Wire","ticker":"DHX","created":"2026-08-05T20:05:00.439Z","tickers":["DHX"],"exchange":"NYSE","article_body":"DHI Group Reports Second Quarter 2026 Results with 14% ClearanceJobs Revenue\nGrowth and 24% ClearanceJobs Bookings Growth; Reaffirms Full-Year Revenue\nGuidance and Raises Dice Margin Outlook\n\nToday, DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) announced\nits financial results for the second quarter ended June 30, 2026.\n\nSecond Quarter 2026 Financial Highlights Compared to the Second Quarter\n2025(1)\n\n\n * Total revenue was $31.3 million, down 2%.\n\n\n* ClearanceJobs revenue was $15.6 million, up 14%.\n\n * Dice revenue was $15.8 million, down 14%.\n\n\n\n\n * Total bookings were $27.7 million, up 2%.\n\n\n* ClearanceJobs bookings were $14.3 million, up 24%.\n\n * Dice bookings were $13.4 million, down 14%.\n\n\n\n\n * Net income was $2.6 million, or $0.06 per diluted share, a net income margin\nof 8%, compared to net loss of $0.8 million, or $0.02 per diluted share, a net\nincome margin of negative 3%.\n\n * Non-GAAP earnings per share was $0.09 per diluted share, compared to $0.07 per\ndiluted share.\n\n * Adjusted EBITDA decreased 2% to $8.3 million, an Adjusted EBITDA Margin of 27%\ncompared to Adjusted EBITDA of $8.5 million, and a margin of 27%.\n\n\n* ClearanceJobs Adjusted EBITDA was $6.0 million with a 39% Adjusted EBITDA\nMargin, compared to Adjusted EBITDA of $6.1 million, and a 45% Adjusted EBITDA\nMargin.\n\n * Dice Adjusted EBITDA was $4.2 million with a 26% Adjusted EBITDA Margin,\ncompared to Adjusted EBITDA of $4.2 million, and a 23% Adjusted EBITDA Margin.\n\n\n\n\n * Cash flow from operations was $6.1 million, compared to $6.9 million while\nfixed asset purchases declined $0.4 million, or 20%, to generate free cash\nflow of $4.5 million, compared to $4.8 million.\n\n * Cash was $3.8 million at quarter end compared to $2.9 million at the end of\nlast year.\n\n * Total debt at the end of the quarter was $32.0 million compared to $30.0\nmillion at the end of last year.\n\n * The Company repurchased 0.7 million shares for $2.0 million in the second\nquarter under its stock repurchase program and from the vesting of share-based\nawards.\n (1) See definition of bookings and see \"Notes Regarding the Use of Non-GAAP     \n Financial Measures\" related to Adjusted EBITDA, Adjusted EBITDA Margin,         \n Non-GAAP Earnings Per Share, and Free Cash Flow, later in this press release.   \n\n\nCommenting on the results, Art Zeile, President and CEO of DHI Group, said:\n\n\"Our second quarter results demonstrate that we are executing against the\nstrategy we outlined at the beginning of the year. ClearanceJobs is performing\nexceptionally well, with bookings increasing 24% year over year, supported by\nimproving demand from both traditional defense contractors and a growing\nnumber of commercial companies pursuing government work for the first time. At\nthe same time, Point Solutions Group also exceeded our expectations, further\nexpanding the strategic value of the ClearanceJobs platform.\n\n\"While the broader technology hiring market remains in the early stages of\nrecovery, we see encouraging signs of improvement. Demand for AI talent is\naccelerating, and today approximately three-quarters of new technology job\npostings require AI-related skills. This reinforces our belief that AI is\nincreasing demand for highly skilled technology professionals rather than\nreplacing them, positioning Dice well as hiring activity begins to recover.\nTogether with our recurring revenue model, product innovation and disciplined\nexecution, we believe DHI is well positioned to create long-term shareholder\nvalue.\"\n\nGreg Schippers, CFO of DHI Group, commented:\n\n\"Our second quarter financial results reflect the resilience of our business\nmodel. Despite headwinds in Dice revenue, we generated Adjusted EBITDA of $8.3\nmillion with a 27% margin while delivering nearly $4.5 million of free cash\nflow during the quarter. ClearanceJobs again produced exceptional\nprofitability, while Dice maintained strong margins as we balance investments\nwith disciplined expense management.\n\n\"Our strong cash generation continues to provide meaningful financial\nflexibility. During the quarter, we repurchased approximately 650,000 shares\nunder our share repurchase program while at the same time investing in\nstrategic growth initiatives and maintaining a healthy balance sheet. We\nremain committed to disciplined capital allocation and are reaffirming our\nrevenue and consolidated Adjusted EBITDA margin guidance for the full year,\nwhile increasing our full-year Adjusted EBITDA margin outlook for Dice to 24%,\nas we continue executing our long-term strategy.\"\n\nFiscal 2026 Financial Guidance\n\nDHI is reaffirming its previously issued revenue guidance for the full year\n2026 and providing third quarter guidance. The Company is also maintaining its\nfull year Adjusted EBITDA margin guidance of 25% for DHI and 40% for\nClearanceJobs, while increasing its full-year Adjusted EBITDA margin guidance\nfor Dice to 24% from 22%.\n             ClearanceJobs                  Dice                        DHI                         \n             Q3 2026           FY 2026      Q3 2026        FY 2026      Q3 2026        FY 2026      \n Revenues    $15M-$16M         $62M-$64M    $15M-$16M      $62M-$64M    $30M-$32M      $124M-$128M  \n\n\nConference Call Information\n\nArt Zeile, President and Chief Executive Officer, and Greg Schippers, Chief\nFinancial Officer, will host a conference call today, August 5, 2026, at 5:00\np.m. Eastern Time to discuss the Company’s financial results and recent\ndevelopments.\n\nThe call can be accessed by dialing 844-890-1790 (in the U.S.) or 412-380-7407\n(outside the U.S.). Please ask to be placed into the DHI Group, Inc. call. A\nlive webcast of the call will simultaneously be available through the Investor\nRelations section of the Company’s website, https://www.dhigroupinc.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=https%3A%2F%2Fwww.dhigroupinc.com%2C&index=1&md5=f9a7259838658da9a6e8e3e63248e934)\nand will be available for replay after the call ends.\n\nAbout DHI Group, Inc.\n\nDHI Group, Inc. (NYSE: DHX) is a provider of AI-powered career marketplaces\nthat focus on technology roles. DHI’s two brands, ClearanceJobs and Dice,\nenable recruiters and hiring managers to efficiently search for and connect\nwith highly skilled technology professionals based on the skills requested.\nThe Company’s patented algorithm manages over 100,000 unique technology\nskills. Additionally, our marketplaces allow tech professionals to find their\nideal next career opportunity, with relevant advice and personalized insights.\nLearn more at www.dhigroupinc.com.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=www.dhigroupinc.com.&index=2&md5=04ab5ce8b8e9414aac7b36c036d11314)\n\nForward-Looking Statements\n\nThis press release and oral statements made from time to time by our\nrepresentatives contain forward-looking statements within the meaning of the\nPrivate Securities Litigation Reform Act of 1995, Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. You should not place undue reliance on those\nstatements because they are subject to numerous uncertainties and factors\nrelating to our operations and business environment, all of which are\ndifficult to predict and many of which are beyond our control. Forward-looking\nstatements include, without limitation, information concerning our possible or\nassumed future financial condition, liquidity and results of operations,\nincluding expectations (financial or otherwise), our strategy, plans,\nobjectives, and intentions, growth potential, and statements regarding our\nfinancial outlook. These statements often include words such as “may,”\n“will,” “should,” “believe,” “expect,” “anticipate,”\n“intend,” “plan,” “estimate,” \"target\" or similar expressions.\nThese statements are based on assumptions that we have made in light of our\nexperience in the industry as well as our perceptions of historical trends,\ncurrent conditions, expected future developments and other factors we believe\nare appropriate under the circumstances. Although we believe that these\nforward-looking statements are based on reasonable assumptions, you should be\naware that many factors could affect our actual financial results or results\nof operations and could cause actual results to differ materially from those\nin the forward-looking statements. These factors include, but are not limited\nto, our ability to execute our tech-focused strategy, a write-off of all or a\npart of our goodwill and intangible assets, backlog not accurately\nrepresenting future revenue, competition from existing and future competitors\nin the highly competitive markets in which we operate, failure to adapt our\nbusiness model to keep pace with rapid changes in the recruiting and career\nservices business and the development of new products and services,\nmacroeconomic conditions, including government shutdowns, the impact of\ninitiatives to restructure or streamline government agencies, such as DOGE,\nthe risk that AI models will reduce demand for technology professionals in the\nworkforce, failure to maintain and develop our reputation and brand\nrecognition, failure to increase or maintain the number of customers who\npurchase recruitment packages, failure to attract qualified professionals to\nour websites or grow the number of qualified professionals who use our\nwebsites, a review of strategic alternatives may occur from time to time and\nthe possibility that such review will not result in a transaction, inability\nto successfully integrate future acquisitions or identify and consummate\nfuture acquisitions, misappropriation or misuse of our intellectual property,\nclaims against us for intellectual property infringement or failure to enforce\nour ownership of intellectual property, failure to attract and retain users\nwho create and post original content on our web properties, taxation risks in\nvarious jurisdictions and the potential for unfavorable decisions related to\ntax assessments, taxation risks impacting our liability or past sales, and\nability to make future sales, downturns in our customers' businesses, our\nindebtedness and our ability to borrow funds under our revolving credit\nfacility or refinance our indebtedness, restrictions on our current and future\noperations under such indebtedness, development and use of artificial\nintelligence, failure to timely and efficiently scale, adapt and maintain our\ntechnology and infrastructure, capacity constraints, system failures or\nbreaches of network security, usefulness of our candidate profiles to our\ncustomers, decreases in our user engagement, changes in search engines'\nmethodologies, failure to halt operations of third-party websites aggregating\nour data, our reliance on third-party hosting facilities, our compliance with\nlaws and regulations, U.S. and foreign government regulation of the Internet\nand taxation, failure to attract or retain key executives and personnel, our\nability to navigate the cyclicality or downturns of the U.S. and worldwide\neconomies, litigation related to infringement or other claims regarding our\nservices or content, our ability to defend ownership of our intellectual\nproperty, global climate change, compliance with the continued listing\nstandards of the New York Stock Exchange, volatility in our stock price,\ndifferences between estimates of financial projections and future results,\nfailure to maintain controls over financial reporting, results of operations\nfluctuating on a quarterly and annual basis, our Section 382 Rights Plan may\nhave an anti-takeover effect, anti-takeover provisions in our governing\ndocuments may make changes to management difficult, and disruption resulting\nfrom unsolicited offers to purchase the company. These factors and others are\ndiscussed in more detail in the Company’s filings with the Securities and\nExchange Commission, all of which are available on the Investors page of our\nwebsite at www.dhigroupinc.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dhigroupinc.com%2F&esheet=54584013&newsitemid=20260805903680&lan=en-US&anchor=www.dhigroupinc.com%2C&index=3&md5=e0948476fd6754d4f0afea5d5e99e823)\nincluding the Company’s most recently filed reports on Form 10-K and Form\n10-Q and subsequent filings under the headings “Risk Factors,”\n“Forward-Looking Statements” and “Management’s Discussion and Analysis\nof Financial Condition and Results of Operations.” You should keep in mind\nthat any forward-looking statement made by the Company or its representatives\nherein, or elsewhere, speaks only as of the date on which it is made. New\nrisks and uncertainties come up from time to time, and it is impossible to\npredict these events or how they may affect us. We have no obligation to\nupdate any forward-looking statements after the date hereof, except as\nrequired by applicable federal securities laws.\n\nNotes Regarding the Use of Non-GAAP Financial Measures\n\nThe Company has provided certain non-GAAP financial information as additional\ninformation for its operating results. These measures are not in accordance\nwith, or alternatives to, measures in accordance with generally accepted\naccounting principles in the United States (“GAAP”) and may be different\nfrom similarly titled non-GAAP measures reported by other companies. The\nCompany believes that its presentation of non-GAAP measures, such as Adjusted\nEBITDA, Adjusted EBITDA Margin, Free Cash Flow, and non-GAAP Earnings Per\nShare provides useful information to management and investors regarding\ncertain financial and business trends relating to the Company's financial\ncondition and results of operations. In addition, the Company’s management\nuses these measures for reviewing the financial results of the Company and for\nbudgeting and planning purposes. Non-GAAP results exclude the impact of items\nthat management believes affect the comparability or underlying business\ntrends in our condensed consolidated financial statements in the periods\npresented. The non-GAAP measures apply to consolidated results or other\nmeasures as shown within this document. The Company has provided required\nreconciliations to the most comparable GAAP measures elsewhere in the\ndocument.\n\nNon-GAAP Earnings Per Share\n\nNon-GAAP Earnings Per Share is a non-GAAP performance measure that management\nbelieves is useful to investors and management in understanding our ongoing\noperations and in the analysis of operating trends. Non-GAAP Earnings Per\nShare is computed as diluted earnings per share plus or minus the impacts of\ncertain non-cash and other items, including non-cash stock-based compensation,\nimpairments, costs related to reorganizing the Company, including severance\nand related costs, gains or losses on investments, restructuring charges, and\ndiscrete tax items.\n\nNon-GAAP Earnings Per Share is not a measurement of our financial performance\nunder GAAP and should not be considered as an alternative to diluted earnings\nper share, net income, or any other performance measures derived in accordance\nwith GAAP as a measure of our profitability.\n\nFree Cash Flow\n\nWe define free cash flow as net cash provided by operating activities minus\nfixed asset purchases. We believe free cash flow is an important non-GAAP\nmeasure for investors as it provides useful cash flow information regarding\nour ability to service, incur or pay down indebtedness or repurchase our\ncommon stock. Management uses free cash flow as a measure to reflect cash\navailable to service our debt as well as to fund our expenditures. A\nlimitation of using free cash flow versus the GAAP measure of net cash\nprovided by operating activities is that free cash flow does not represent the\ntotal increase or decrease in the cash balance from operations for the period\nsince it includes cash used for fixed asset purchases during the period.\n\nAdjusted EBITDA and Adjusted EBITDA Margin\n\nAdjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures used by\nmanagement to measure operating performance. Management uses Adjusted EBITDA\nand Adjusted EBITDA Margin as performance measures for internal monitoring and\nplanning, including preparation of annual budgets, analyzing investment\ndecisions and evaluating profitability and performance comparisons between us\nand our competitors. The Company also uses these measures to calculate amounts\nof performance-based compensation under the senior management incentive bonus\nprogram. Adjusted EBITDA represents net income plus (to the extent deducted in\ncalculating such net income) interest expense, income tax expense,\ndepreciation and amortization, and items such as non-cash stock-based\ncompensation, certain write-offs in connection with indebtedness, impairment\ncharges with respect to long-lived assets, expenses incurred in connection\nwith an equity offering or any other offering of securities by the Company,\nextraordinary or non-recurring non-cash expenses or losses, losses from equity\nmethod investments, transaction costs in connection with the credit agreement,\ndeferred revenue written off in connection with acquisition purchase\naccounting adjustments, write-off of non-cash stock-based compensation\nexpense, severance and retention costs related to dispositions and\nreorganizations of the Company, impairment of investment and goodwill,\nrestructuring charges and losses related to legal claims and fees that are\nunusual in nature or infrequent, minus (to the extent included in calculating\nsuch net income) non-cash income or gains, including income from equity method\ninvestments, interest income, business interruption insurance proceeds, and\ngains related to legal claims that are unusual in nature or infrequent.\n\nAdjusted EBITDA Margin is computed as Adjusted EBITDA divided by revenue.\n\nWe also consider Adjusted EBITDA and Adjusted EBITDA Margin, as defined above,\nto be important indicators to investors because they provide information\nrelated to our ability to provide cash flows to meet future debt service,\ncapital expenditures, working capital requirements, and to fund future growth.\nWe present Adjusted EBITDA and Adjusted EBITDA Margin as supplemental\nperformance measures because we believe that these measures provide our board\nof directors, management and investors with additional information to measure\nour performance, provide comparisons from period to period by excluding\npotential differences caused by variations in capital structures (affecting\ninterest expense) and tax positions (such as the impact on periods or\ncompanies of changes in effective tax rates or net operating losses), and to\nestimate our value.\n\nWe understand that although Adjusted EBITDA and Adjusted EBITDA Margin are\nfrequently used by securities analysts, lenders and others in their evaluation\nof companies, Adjusted EBITDA and Adjusted EBITDA Margin have limitations as\nanalytical tools, and you should not consider them in isolation, or as a\nsubstitute for analysis of our liquidity or results as reported under GAAP.\nSome limitations are:\n\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect our cash\nexpenditures, or future requirements for capital expenditures or contractual\ncommitments;\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect changes in, or cash\nrequirements for, our working capital needs;\n\n * Adjusted EBITDA and Adjusted EBITDA Margin do not reflect interest expense, or\nthe cash requirements necessary to service interest or principal payments on\nour debt;\n\n * Although depreciation and amortization are non-cash charges, the assets being\ndepreciated and amortized often will have to be replaced in the future, and\nAdjusted EBITDA and Adjusted EBITDA Margin do not reflect any cash\nrequirements for such replacements; and\n\n * Other companies in our industry may calculate Adjusted EBITDA and Adjusted\nEBITDA Margin differently than we do, limiting their usefulness as comparative\nmeasures.\n\nTo compensate for these limitations, management evaluates our liquidity by\nconsidering the economic effect of excluded expense items independently, as\nwell as in connection with its analysis of cash flows from operations and\nthrough the use of other financial measures, such as capital expenditure\nbudget variances, investment spending levels and return on capital analysis.\n\nAdjusted EBITDA and Adjusted EBITDA Margin are not measurements of our\nfinancial performance under GAAP and should not be considered as an\nalternative to revenue, operating income, net income, net income margin, cash\nprovided by operating activities, or any other performance measures derived in\naccordance with GAAP as a measure of our profitability or liquidity.\n DHI GROUP, INC.                                                                                                                       \n \n                                                                                                                                     \n \nCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                                                                                      \n \n                                                                                                                                     \n \n(Unaudited)                                                                                                                          \n \n                                                                                                                                     \n \n(in thousands, except per share amounts)                                                                                             \n                                                                                                                                       \n                                              For the three months ended                  For the six months ended                     \n                                              \nJune 30,                                   \nJune 30,                                    \n                                              2026                  2025                  2026                  2025                   \n                                                                                                                                   \n Revenues                                     $      31,341         $      32,027         $      61,034         $      64,328          \n                                                                                                                                       \n Operating expenses:                                                                                                                   \n Cost of revenue                                     6,299                 5,114                 11,058                10,480          \n Product development                                 2,932                 3,138                 6,013                 6,980           \n Sales and marketing                                 9,259                 10,546                18,251                21,669          \n General and administrative                          6,286                 6,517                 13,051                13,714          \n Depreciation                                        2,450                 3,761                 5,247                 7,745           \n Amortization                                        303                   —                     538                   —               \n Restructuring                                       —                     4,216                 —                     6,486           \n Impairment of goodwill                              —                     —                     —                     7,800           \n Total operating expenses                            27,529                33,292                54,158                74,874          \n Operating income (loss)                             3,812                 (1,265  )             6,876                 (10,546  )      \n Income (loss) from equity method investment         (17     )             (37     )             (40     )             27              \n Interest expense and other                          (687    )             (619    )             (1,240  )             (1,279   )      \n Income (loss) before income taxes                   3,108                 (1,921  )             5,596                 (11,798  )      \n Income tax expense (benefit)                        511                   (1,080  )             1,467                 (1,206   )      \n Net income (loss)                            $      2,597          $      (841    )      $      4,129          $      (10,592  )      \n                                                                                                                                       \n Basic earnings (loss) per share              $      0.06           $      (0.02   )      $      0.10           $      (0.23    )      \n Diluted earnings (loss) per share            $      0.06           $      (0.02   )      $      0.10           $      (0.23    )      \n                                                                                                                                       \n Weighted-average basic shares outstanding           40,604                45,354                41,009                45,429          \n Weighted-average diluted shares outstanding         42,093                45,354                42,218                45,429          \n                                                                                                                                       \n\n DHI GROUP, INC.                                                                                                                                             \n \n                                                                                                                                                           \n \nCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                                                            \n \n                                                                                                                                                           \n \n(Unaudited) (in thousands)                                                                                                                                 \n                                                                                                                                                             \n                                                                              Three months ended                       Six Months Ended                      \n                                                                              \nJune 30,                                \nJune 30,                             \n                                                                              2026                 2025                2026               2025               \n Cash flows from (used in) operating activities:                                                                                                             \n Net income (loss)                                                            $     2,597          $     (841    )     $    4,129         $    (10,592  )    \n Adjustments to reconcile net income (loss) to net cash flows from (used in)                                                                                 \n operating activities:                                                                                                                                       \n Depreciation                                                                       2,450                3,761              5,247              7,745         \n Amortization                                                                       303                  —                  538                —             \n Deferred income taxes                                                              430                  (184    )          835                (398     )    \n Amortization of deferred financing costs                                           42                   36                 78                 72            \n Stock-based compensation                                                           928                  1,536              2,079              2,627         \n Loss (income) from equity method investment                                        17                   37                 40                 (27      )    \n Impairment of goodwill                                                             —                    —                  —                  7,800         \n Change in accrual for unrecognized tax benefits                                    20                   (364    )          40                 (332     )    \n Changes in operating assets and liabilities, net of effects of acquisition:                                                                                 \n Accounts receivable                                                                2,546                5,686              2,844              4,387         \n Prepaid expenses and other assets                                                  780                  604                1,087              868           \n Capitalized contract costs                                                         43                   328                14                 (25      )    \n Accounts payable and accrued expenses                                              (357     )           1,929              (3,370   )         (2,413   )    \n Income taxes receivable/payable                                                    (609     )           (1,718  )          (87      )         (1,726   )    \n Deferred revenue                                                                   (3,031   )           (3,808  )          1,520              1,402         \n Other, net                                                                         (61      )           (136    )          (485     )         (274     )    \n Net cash flows from operating activities                                           6,098                6,866              14,509             9,114         \n Cash flows used in investing activities:                                                                                                                    \n Payment for acquisition, net of cash acquired                                      (202     )           —                  (5,188   )         —             \n Purchases of fixed assets                                                          (1,610   )           (2,025  )          (3,258   )         (4,185   )    \n Net cash flows used in investing activities                                        (1,812   )           (2,025  )          (8,446   )         (4,185   )    \n Cash flows from (used in) financing activities:                                                                                                             \n Payments on long-term debt                                                         (36,000  )           (3,000  )          (37,000  )         (8,000   )    \n Proceeds from long-term debt                                                       35,000               —                  39,000             6,000         \n Financing costs paid                                                               (576     )           —                  (576     )         —             \n Payments under stock repurchase plan                                               (1,926   )           (1,769  )          (5,738   )         (2,435   )    \n Purchase of treasury stock related to taxes on vested restricted and               (87      )           (26     )          (948     )         (1,495   )    \n performance stock units                                                                                                                                     \n Proceeds from issuance of common stock through ESPP                                60                   81                 60                 81            \n Net cash flows used in financing activities                                        (3,529   )           (4,714  )          (5,202   )         (5,849   )    \n Net change in cash for the period                                                  757                  127                861                (920     )    \n Cash, beginning of period                                                          3,012                2,655              2,908              3,702         \n Cash, end of period                                                          $     3,769          $     2,782         $    3,769         $    2,782         \n\n DHI GROUP, INC.                                                                         \n \n                                                                                       \n \nCONDENSED CONSOLIDATED BALANCE SHEETS                                                  \n \n                                                                                       \n \n(Unaudited) (in thousands)                                                             \n                                                                                         \n ASSETS                                        June 30, 2026       December 31, 2025     \n Current assets                                                                          \n Cash                                          $        3,769      $          2,908      \n Accounts receivable, net                               16,539                17,963     \n Income taxes receivable                                235                   148        \n Prepaid and other current assets                       2,853                 3,461      \n Total current assets                                   23,396                24,480     \n Fixed assets, net                                      11,398                13,288     \n Capitalized contract costs                             6,468                 6,482      \n Operating lease right-of-use assets                    4,192                 4,366      \n Investments                                            914                   965        \n Acquired intangible assets                             16,928                15,467     \n Goodwill                                               122,741               120,612    \n Other assets                                           2,638                 2,583      \n Total assets                                  $        188,675    $          188,243    \n                                                                                         \n                                                                                         \n LIABILITIES AND STOCKHOLDERS’ EQUITY                                                    \n Current liabilities                                                                     \n Accounts payable and accrued expenses         $        10,762     $          13,636     \n Deferred revenue                                       41,187                39,653     \n Operating lease liabilities                            1,115                 1,788      \n Total current liabilities                              53,064                55,077     \n Deferred revenue                                       272                   286        \n Operating lease liabilities                            7,627                 7,390      \n Long-term debt                                         32,000                30,000     \n Deferred income taxes                                  951                   116        \n Accrual for unrecognized tax benefits                  609                   569        \n Other long-term liabilities                            73                    298        \n Total liabilities                                      94,596                93,736     \n Total stockholders’ equity                             94,079                94,507     \n Total liabilities and stockholders’ equity    $        188,675    $          188,243    \n                                                                                         \n\n\nSupplemental Information and Non-GAAP Reconciliations\n\nOn the pages that follow, we have provided certain supplemental information\nthat we believe will assist the reader in assessing our business operations\nand performance, including certain non-GAAP financial information and required\nreconciliations to the most directly comparable GAAP measure. A statement of\noperations and statement of cash flows for the three and six month periods\nended June 30, 2026 and 2025 and balance sheets as of June 30, 2026 and\nDecember 31, 2025 are provided elsewhere in this press release.\n DHI GROUP, INC.                                                                  \n \n                                                                                \n \nNON-GAAP & SUPPLEMENTAL DATA                                                    \n \n                                                                                \n \n(Unaudited)                                                                     \n \n                                                                                \n \n(in thousands, except per share and customer data)                              \n                                                                                  \n                Revenue                                                           \n                Q2 2026          Q2 2025          $ Change          % Change      \n ClearanceJobs  $     15,554     $     13,626     $    1,928        14     %      \n Dice                 15,787           18,401          (2,614  )    (14    )%     \n Total Revenue  $     31,341     $     32,027     $    (686    )    (2     )%     \n\n Net income (loss)(1)                  $    2,597        $    (841    )    $      3,438    n.m.      \n Net income (loss) margin(2)                8       %         (3      )%   n.m.            n.m.      \n Diluted earnings (loss) per share(1)  $    0.06         $    (0.02   )    $      0.08     n.m.      \n Non-GAAP earnings per share(4)        $    0.09         $    0.07         $      0.02     29%       \n Adjusted EBITDA(3)                    $    8,316        $    8,494        $      (178)    (2)%      \n Adjusted EBITDA margin(2 3)                27      %         27      %    n.m.            n.m.      \n                                       Revenue                                                       \n                                       YTD 2026          YTD 2025          $ Change        % Change  \n ClearanceJobs                         $    29,550       $    27,003       $      2,547    9%        \n Dice                                       31,484            37,325              (5,841)  (16)%     \n Total Revenue                         $    61,034       $    64,328       $      (3,294)  (5)%      \n\n Net income (loss)(3)                  $   4,129      $   (10,592  )   $    14,721  n.m.  \n Net income (loss) margin(2)               7       %      (16      )%  n.m.         n.m.  \n Diluted earnings (loss) per share(3)  $   0.10       $   (0.23    )   $    0.33    n.m.  \n Non-GAAP earnings per share(4)        $   0.17       $   0.11         $    0.06    55%   \n Adjusted EBITDA(4)                    $   16,460     $   15,475       $    985     6%    \n Adjusted EBITDA margin(2 4)               27      %      24       %   n.m.         n.m.  \n\n (1) For the three months ended June 30, 2026, net income and diluted earnings    \n per share includes the net negative impact of non-cash stock-based               \n compensation and severance, professional fees and related costs of $1.8          \n million ($1.3 million net of tax), partially offset by discrete tax items of     \n $0.3 million, resulting in a net negative impact of $1.0 million, or $0.03 per   \n diluted share. For the three months ended June 30, 2025, net loss and diluted    \n loss per share includes the net negative impact of non-cash stock-based          \n compensation, severance, professional fees and related costs, and                \n restructuring of $6.0 million ($4.6 million net of tax), partially offset by     \n discrete tax items of $0.3 million, resulting in a net negative impact of $4.3   \n million, or $0.09 per diluted share.                                             \n (2) Net income (loss) margin and Adjusted EBITDA Margin are calculated by        \n dividing the respective measure by that period's revenue.                        \n (3) For the six months ended June 30, 2026, net income and diluted earnings      \n per share includes the net negative impact of non-cash stock-based               \n compensation and severance, professional fees and related costs of $3.8          \n million ($2.9 million net of tax), resulting in a net negative impact of $2.9    \n million, or $0.07 per diluted share. For the six months ended June 30, 2025,     \n net loss and diluted loss per share includes the net negative impact of          \n non-cash stock-based compensation, impairment, severance, professional fees      \n and related costs, and restructuring of $18.3 million ($15.6 million net of      \n tax) and discrete tax items of $0.2 million, resulting in a net negative         \n impact of $15.8 million, or $0.34 per diluted share.                             \n (4) See \"Notes Regarding the Use of Non-GAAP Financial Measures\" elsewhere in    \n this press release.                                                              \n\n DHI GROUP, INC.                                                               \n \n                                                                             \n \nNON-GAAP & SUPPLEMENTAL DATA                                                 \n \n                                                                             \n \n(Unaudited)                                                                  \n \n                                                                             \n \n(in thousands, except per share and customer data)                           \n                                                                               \n                 Bookings(1)                                                   \n                 Q2 2026        Q2 2025        $ Change          % Change      \n ClearanceJobs   $      14,334  $      11,569  $    2,765        24     %      \n Dice                   13,362         15,551       (2,189  )    (14    )%     \n Total Bookings  $      27,696  $      27,120  $    576          2      %      \n                                                                               \n                 YTD 2026       YTD 2025       $ Change          % Change      \n ClearanceJobs          32,374  $      28,386  $    3,988        14     %      \n Dice                   33,589         40,859       (7,270  )    (18    )%     \n Total Bookings  $      65,963  $      69,245  $    (3,282  )    (5     )%     \n\n (1) Bookings represent the value of all contractually committed services in which the contract start date is during the period and will be recognized as revenue within 12 months of the contract start date. For contracts that extend beyond 12 months, the value of those contracts beyond 12 months is recognized as bookings on each annual anniversary of each contract start date valued as the amount of revenue that will be recognized within 12 months of the respective anniversary date.  \n\n                Average Annual Revenue per Recruitment Package Customer(1)                       \n                Q2 2026           Q2 2025           $ Change                   % Change          \n ClearanceJobs  $        28,255   $        26,026   $        2,229             9        %        \n Dice           $        15,899   $        15,434   $        465               3        %        \n                YTD 2026          YTD 2025          $ Change                   % Change          \n ClearanceJobs  $        27,770   $        25,916   $        1,854             7        %        \n Dice           $        15,682   $        15,909   $        (227     )        (1       )%       \n\n (1) Calculated by dividing recruitment package customer revenue by the daily     \n average count of recruitment package customers during each month, adjusted to    \n reflect a 30-day month. The simple average of each month is used to derive the   \n amount for each period and then annualized to reflect 12 months.                 \n\n                                Renewal Rates                                       \n Renewal Rate on Revenue((1)):  Q2 2026     Q2 2025     YTD 2026      YTD 2025      \n ClearanceJobs                  87    %     87    %     86     %      90     %      \n Dice                           66    %     75    %     66     %      72     %      \n                                                                                    \n Renewal Rate on Count((2)):                                                        \n ClearanceJobs                  68    %     77    %     69     %      78     %      \n Dice                           56    %     66    %     56     %      68     %      \n\n (1) Represents the annual contract value renewed for all recruitment package   \n contracts up for renewal in the period.                                        \n (2) Represents the total number of recruitment package contracts that renewed  \n relative to the total number of recruitment package contracts up for renewal   \n in the period.                                                                 \n\n                Retention Rates(1)                                  \n                Q2 2026     Q2 2025     YTD 2026      YTD 2025      \n ClearanceJobs  110   %     103   %     106    %      105    %      \n Dice           98    %     102   %     98     %      96     %      \n\n (1) For customers that renewed their annual recruitment packages during the  \n period, the retention rate represents the annual contract value renewed,     \n relative to the previous annual contract value.                              \n\n DHI GROUP, INC.                                                          \n \n                                                                        \n \nNON-GAAP & SUPPLEMENTAL DATA                                            \n \n                                                                        \n \n(Unaudited)                                                             \n \n                                                                        \n \n(in thousands, except per share and customer data)                      \n                                                                          \n                Recruitment Package Customers                             \n                June 30, 2026  June 30, 2025  Change        % Change      \n ClearanceJobs  1,735          1,868          (133   )      (7     )%     \n Dice           3,702          4,365          (663   )      (15    )%     \n\n                                       Deferred Revenue and Backlog(1)                                                                              \n                                       June 30,       December 31,      $ Change          %           June 30,        $ Change          %           \n                                       \n2026          \n2025                               \nChange     \n2025                             \nChange     \n Deferred Revenue                      $      41,459  $        39,939   $    1,520        4     %     $      46,858   $    (5,399  )    (12   )%    \n Contractual commitments not invoiced         50,819           59,632        (8,813  )    (15   )%           54,316        (3,497  )    (6    )%    \n Backlog                               $      92,278  $        99,571   $    (7,293  )    (7    )%    $      101,174  $    (8,896  )    (9    )%    \n\n (1) Backlog consists of deferred revenue plus customer contractual commitments  \n not invoiced representing the value of future services to be rendered under     \n committed contracts.                                                            \n\n                                                                                          Non-GAAP Earnings Per Share                                             \n                                                                                          Q2 2026           Q2 2025           YTD 2026          YTD 2025          \n Reconciliation of Diluted Earnings (Loss) Per Share to Non-GAAP Earnings per                                                                                     \n Share:                                                                                                                                                           \n Diluted earnings (loss) per share                                                        $    0.06         $    (0.02   )    $    0.10         $    (0.23   )    \n Non-cash stock-based compensation(1)                                                          0.02              0.03              0.05              0.06         \n Non-cash stock-based compensation, tax impact(2)                                              (0.01   )         (0.01   )         (0.01   )         (0.01   )    \n Impairments(1)                                                                                —                 —                 —                 0.17         \n Severance, professional fees and related costs(1)                                             0.02              0.01              0.04              0.03         \n Severance, professional fees and related costs, tax impact(2)                                 —                 —                 (0.01   )         (0.01   )    \n Restructuring(1)                                                                              —                 0.09              —                 0.14         \n Restructuring, tax impact(2)                                                                  —                 (0.02   )         —                 (0.04   )    \n Discrete tax items(3)                                                                         (0.01   )         (0.01   )         —                 —            \n Other(4)                                                                                      0.01              —                 —                 —            \n Non-GAAP earnings per share                                                              $    0.09         $    0.07         $    0.17         $    0.11         \n                                                                                                                                                                  \n Weighted average shares outstanding used in computing diluted earnings (loss) per share       42,093            45,354            42,218            45,429       \n Weighted average shares outstanding used in computing non-GAAP                                42,093            45,608            42,218            45,861       \n \nearnings per share                                                                                                                                              \n                                                                                                                                                                  \n\n (1) Non-GAAP adjustment is presented on a gross basis, which excludes the impact of income taxes.  \n (2) The Company utilized a federal rate plus a net state rate that excluded                        \n the impact of share-based compensation awards and other discrete items to                          \n calculate its non-GAAP blended statutory income tax rate of 25% for the three                      \n and six month periods ended June 30, 2026 and 2025. The non-GAAP rate has been                     \n applied to compute the tax impact of non-GAAP adjustments.                                         \n (3) Discrete tax items resulted from the tax impacts of stock-based                                \n compensation awards for the three month periods ended June 30, 2026 and 2025.                      \n (4) Adjusts, as applicable, for the share impact of common stock equivalents,                      \n where dilutive, and for the impacts of rounding.                                                   \n\n DHI GROUP, INC.                                                                                                                         \n \n                                                                                                                                       \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                           \n \n                                                                                                                                       \n \n(Unaudited)                                                                                                                            \n \n                                                                                                                                       \n \n(in thousands, except per share and customer data)                                                                                     \n                                                                                                                                         \n                                                                             Free Cash Flow(1)                                           \n                                                                             Q2 2026        Q2 2025       $ Change         % Change      \n Reconciliation of Cash provided by operating activities to Free Cash Flow:                                                              \n Cash provided by operating activities                                       $      6,098   $      6,866  $    (768   )    (11    )%     \n Less:                                                                                                                                   \n Capitalized development costs2                                                     1,567          1,900       (333   )    (18    )%     \n Other fixed asset purchases                                                        43             125         (82    )    (66    )%     \n Total fixed asset purchases                                                        1,610          2,025       (415   )    (20    )%     \n Free Cash Flow                                                              $      4,488   $      4,841  $    (353   )    (7     )%     \n                                                                                                                                         \n                                                                             YTD 2026       YTD 2025      $ Change         % Change      \n Cash provided by operating activities                                       $      14,509  $      9,114  $    5,395       59     %      \n Less:                                                                                                                                   \n Capitalized development costs2                                                     3,189          3,868       (679   )    (18    )%     \n Other fixed asset purchases                                                        69             317         (248   )    (78    )%     \n Total fixed asset purchases                                                        3,258          4,185       (927   )    (22    )%     \n Free Cash Flow                                                              $      11,251  $      4,929  $    6,322       128    %      \n                                                                                                                                         \n\n (1) See \"Notes Regarding the Use of Non-GAAP Financial Measures\" elsewhere in  \n this press release. See \"Notes Regarding the Use of Non-GAAP Financial         \n Measures\" elsewhere in this press release.                                     \n (2) Capitalized development costs consists of capitalized software costs and   \n website development costs.                                                     \n\n DHI GROUP, INC.                                                                                                                                      \n \n                                                                                                                                                    \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                                        \n \n                                                                                                                                                    \n \n(Unaudited)                                                                                                                                         \n \n                                                                                                                                                    \n \n(in thousands, except per share and customer data)                                                                                                  \n                                                                                                                                                      \n                                                                             Adjusted EBITDA Reconciliations                                          \n                                                                             Q2 2026           Q2 2025           YTD 2026          YTD 2025           \n Reconciliation of Net Income (Loss) to Adjusted EBITDA:                                                                                              \n Net income (loss)                                                           $    2,597        $    (841    )    $    4,129        $    (10,592  )    \n Interest expense                                                                 687               619               1,240             1,279         \n Income tax expense (benefit)                                                     511               (1,080  )         1,467             (1,206   )    \n Depreciation                                                                     2,450             3,761             5,247             7,745         \n Amortization                                                                     303               —                 538               —             \n Non-cash stock based compensation                                                928               1,536             2,079             2,599         \n Loss (income) from equity method investment                                      17                37                40                (27      )    \n Impairment of goodwill                                                           —                 —                 —                 7,800         \n Severance, professional fees and related costs                                   823               246               1,720             1,391         \n Restructuring                                                                    —                 4,216             —                 6,486         \n Adjusted EBITDA                                                             $    8,316        $    8,494        $    16,460       $    15,475        \n                                                                                                                                                      \n Reconciliation of Cash Flows from Operating Activities to Adjusted EBITDA:                                                                           \n Net cash flows from operating activities                                    $    6,098        $    6,866        $    14,509       $    9,114         \n Interest expense                                                                 687               619               1,240             1,279         \n Amortization of deferred financing costs                                         (42     )         (36     )         (78     )         (72      )    \n Income tax expense (benefit)                                                     511               (1,080  )         1,467             (1,206   )    \n Deferred income taxes                                                            (430    )         184               (835    )         398           \n Change in accrual for unrecognized tax benefits                                  (20     )         364               (40     )         332           \n Change in accounts receivable                                                    (2,546  )         (5,686  )         (2,844  )         (4,387   )    \n Change in deferred revenue                                                       3,031             3,808             (1,520  )         (1,402   )    \n Severance, professional fees and related costs                                   823               246               1,720             1,391         \n Restructuring                                                                    —                 4,216             —                 6,486         \n Changes in working capital and other                                             204               (1,007  )         2,841             3,542         \n Adjusted EBITDA                                                             $    8,316        $    8,494        $    16,460       $    15,475        \n\n DHI GROUP, INC.                                                                                                                           \n \n                                                                                                                                         \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                             \n \n                                                                                                                                         \n \n(Unaudited)                                                                                                                              \n \n                                                                                                                                         \n \n(in thousands, except per share and customer data)                                                                                       \n                                                                                                                                           \n                                                         For the three months ended June 30, 2026                                          \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      4,612          $     1,820         $     (3,324  )     $     3,108         \n Interest expense                                               —                    —                   687                 687           \n Depreciation                                                   537                  1,913               —                   2,450         \n Amortization                                                   303                  —                   —                   303           \n Non-cash stock based compensation                              130                  242                 556                 928           \n Loss from equity method investment                             —                    —                   17                  17            \n Severance, professional fees and related costs                 413                  201                 209                 823           \n Adjusted EBITDA                                         $      5,995          $     4,176         $     (1,855  )     $     8,316         \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      15,554         $     15,787        $     —             $     31,341        \n                                                                                                                                           \n Income (loss) before income taxes                       $      4,612          $     1,820         $     (3,324  )     $     3,108         \n Income (loss) before income taxes margin(1)                    30      %            12      %     n.m.                      10      %     \n                                                                                                                                           \n Adjusted EBITDA                                         $      5,995          $     4,176         $     (1,855  )     $     8,316         \n Adjusted EBITDA margin(1)                                      39      %            26      %     n.m.                      27      %     \n\n                                                         For the three months ended June 30, 2025                                          \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      4,606          $     (2,952  )     $     (3,575  )     $     (1,921  )     \n Interest expense                                               —                    —                   619                 619           \n Depreciation                                                   881                  2,880               —                   3,761         \n Non-cash stock based compensation                              213                  534                 789                 1,536         \n Income from equity method investment                           —                    —                   37                  37            \n Severance, professional fees and related costs                 —                    (137    )           383                 246           \n Restructuring                                                  372                  3,844               —                   4,216         \n Adjusted EBITDA                                         $      6,072          $     4,169         $     (1,747  )     $     8,494         \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      13,626         $     18,401        $     —             $     32,027        \n                                                                                                                                           \n Income (loss) before income taxes                       $      4,606          $     (2,952  )     $     (3,575  )     $     (1,921  )     \n Income (loss) before income taxes margin((1))                  34      %            (16     )%    n.m.                      (6      )%    \n                                                                                                                                           \n Adjusted EBITDA                                         $      6,072          $     4,169         $     (1,747  )     $     8,494         \n Adjusted EBITDA margin((1))                                    45      %            23      %     n.m.                      27      %     \n\n (1) Income (Loss) Before Income Taxes Margin and Adjusted EBITDA Margin are  \n calculated by dividing the respective measure by that period's revenue.      \n\n DHI GROUP, INC.                                                                                                                           \n \n                                                                                                                                         \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                                             \n \n                                                                                                                                         \n \n(Unaudited)                                                                                                                              \n \n                                                                                                                                         \n \n(in thousands, except per share and customer data)                                                                                       \n                                                                                                                                           \n                                                         For the six months ended June 30, 2026                                            \n Reconciliation of Income (loss) before income taxes to                                                                                    \n Adjusted EBITDA:                                        ClearanceJobs         Dice                Corporate           Total               \n Income (loss) before income taxes                       $      9,149          $     3,601         $     (7,154  )     $     5,596         \n Interest expense                                               —                    —                   1,240               1,240         \n Depreciation                                                   1,231                4,016               —                   5,247         \n Amortization                                                   538                  —                   —                   538           \n Non-cash stock based compensation                              285                  568                 1,226               2,079         \n Income (loss) from equity method investment                    —                    —                   40                  40            \n Severance, professional fees and related costs                 443                  328                 949                 1,720         \n Adjusted EBITDA                                         $      11,646         $     8,513         $     (3,699  )     $     16,460        \n                                                                                                                                           \n Reconciliation of Adjusted EBITDA Margin:                                                                                                 \n Revenue                                                 $      29,550         $     31,484        $     —             $     61,034        \n\n Income (loss) before income taxes              $   9,149       $   3,601      $   (7,154  )   $   5,596       \n Income (loss) before income taxes margin((1))      31      %       11     %   n.m.                9       %   \n                                                                                                               \n Adjusted EBITDA                                $   11,646      $   8,513      $   (3,699  )   $   16,460      \n Adjusted EBITDA margin((1))                        39      %       27     %   n.m.                27      %   \n\n                                                         For the six months ended June 30, 2025                                              \n Reconciliation of Income (loss) before income taxes to                                                                                      \n Adjusted EBITDA:                                        ClearanceJobs         Dice                 Corporate           Total                \n Income (loss) before income taxes                       $      9,125          $     (11,292  )     $     (9,631  )     $     (11,798  )     \n Interest expense                                               —                    —                    1,279               1,279          \n Depreciation                                                   1,576                6,169                —                   7,745          \n Non-cash stock based compensation                              420                  991                  1,188               2,599          \n Income (loss) from equity method investment                    —                    —                    (27     )           (27      )     \n Impairment of Goodwill                                         —                    7,800                —                   7,800          \n Severance, professional fees and related costs                 284                  85                   1,022               1,391          \n Restructuring                                                  372                  3,844                2,270               6,486          \n Adjusted EBITDA                                         $      11,777         $     7,597          $     (3,899  )     $     15,475         \n                                                                                                                                             \n Reconciliation of Adjusted EBITDA Margin:                                                                                                   \n Revenue                                                 $      27,003         $     37,325         $     —             $     64,328         \n                                                                                                                                             \n Income (loss) before income taxes                       $      9,125          $     (11,292  )     $     (9,631  )     $     (11,798  )     \n Income (loss) before income taxes margin((1))                  34      %            (30      )%    n.m.                      (18      )%    \n                                                                                                                                             \n Adjusted EBITDA                                         $      11,777         $     7,597          $     (3,899  )     $     15,475         \n Adjusted EBITDA margin((1))                                    44      %            20       %     n.m.                      24       %     \n                                                                                                                                             \n\n (1) Income (Loss) Before Income Taxes Margin and Adjusted EBITDA Margin are  \n calculated by dividing the respective measure by that period's revenue.      \n\n DHI GROUP, INC.                                                                                                         \n \n                                                                                                                       \n \nNON-GAAP & SUPPLEMENTAL DATA                                                                                           \n \n                                                                                                                       \n \n(Unaudited)                                                                                                            \n \n                                                                                                                       \n \n(in thousands, except per share and customer data)                                                                     \n                                                                                                                         \n                                                                                                                         \n A reconciliation of Adjusted EBITDA Margin for the three and six months ended                                           \n June 30, 2026 and 2025 follows (in thousands):                                                                          \n                                                                                                                         \n                                Three Months Ended June 30,                 Six Months Ended June 30,                    \n                                2026                  2025                  2026                  2025                   \n Revenues                       $      31,341         $      32,027         $      61,034         $      64,328          \n                                                                                                                         \n Net income (loss)              $      2,597          $      (841    )      $      4,129          $      (10,592  )      \n Net income (loss) margin((1))         8       %             (3      )%            7       %             (16      )%     \n                                                                                                                         \n Adjusted EBITDA                $      8,316          $      8,494          $      16,460         $      15,475          \n Adjusted EBITDA Margin((1))           27      %             27      %             27      %             24       %      \n\n (1) Net income (loss) margin and Adjusted EBITDA Margin are calculated by  \n dividing the respective measure by that period's revenue.                  \n\n\nGuidance\n\nEarlier in this press release, the Company provided guidance for Adjusted\nEBITDA margin, which is a non-GAAP financial measure. We are unable to\nreconcile expected Adjusted EBITDA margin to its nearest GAAP measure without\nunreasonable efforts because we are unable to predict with a reasonable degree\nof certainty the actual impact of items such as non-cash stock-based\ncompensation, impairments, income tax expense, gains or losses from equity\nmethod investments, severance, professional fees and related costs, and\nrestructuring charges. By their very nature, these items are difficult to\nanticipate with precision because they are generally associated with\nunexpected and unplanned events that impact our company and its financial\nresults. Therefore, we are unable to provide a reconciliation of this non-GAAP\nfinancial measure without unreasonable efforts.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260805903680/en/\n(https://www.businesswire.com/news/home/20260805903680/en/)\n\nInvestor Contact \n\nTodd Kehrli or Jim Byers\n\nPondelWilkinson, Inc.\n\n212-448-4181\n\nir@dhigroupinc.com (mailto:ir@dhigroupinc.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-08-05T20:05:00.776107922Z","server_sent_at_ms":1785960300776},"received_at":"2026-08-05T20:05:00.856Z","source_url":"https://www.businesswire.com/news/home/20260805903680/en/"},"analysis":{"id":"98987","press_release_id":"109984","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Dice revenue declined 14% year-over-year","Total consolidated revenue decreased 2% year-over-year"],"eventType":"earnings","narrative":"DHI Group reported Q2 total revenue of $31.3 million, down 2% year-over-year, driven by a 14% decline in Dice revenue to $15.8 million.\n\nClearanceJobs offset this weakness with revenue up 14% to $15.6 million and bookings growing 24%, while the company returned to profitability with GAAP EPS of $0.06 compared to a loss of $0.02 last year.\n\nManagement reaffirmed full-year revenue guidance of $124M-$128M and raised the Dice Adjusted EBITDA margin outlook to 24%, signaling confidence in profitability despite the top-line softness in the Dice segment.\n\nThe company generated $4.5 million in free cash flow and repurchased 0.7 million shares for $2.0 million during the quarter.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Profitability swing and ClearanceJobs strength drive margin guidance raise."},"keyFigures":{"eps":0.06,"revenue":"$31.3 million","guidance":"FY 2026 Revenue $124M-$128M; Dice Adjusted EBITDA margin raised to 24% from 22%","revenueYoy":"-2%","customDimensions":{"fcf":"$4.5 million","net_income":"$2.6 million","dice_revenue":"$15.8 million","non_gaap_eps":"$0.09","adjusted_ebitda":"$8.3 million","dice_revenue_yoy":"-14%","shares_repurchased":"0.7 million","clearancejobs_revenue":"$15.6 million","adjusted_ebitda_margin":"27%","clearancejobs_revenue_yoy":"14%"}},"quotedText":"We remain committed to disciplined capital allocation and are reaffirming our revenue and consolidated Adjusted EBITDA margin guidance for the full year, while increasing our full-year Adjusted EBITDA margin outlook for Dice to 24%, as we continue executing our long-term strategy.","namedEntities":{"people":[{"name":"Art Zeile","role":"President and CEO"},{"name":"Greg Schippers","role":"CFO"}],"products":["ClearanceJobs","Dice"],"companies":[{"name":"DHI Group, Inc.","ticker":"DHX"}],"dollarAmounts":[{"amount":"$31.3 million","context":"Q2 2026 Total Revenue"},{"amount":"$15.6 million","context":"Q2 2026 ClearanceJobs Revenue"},{"amount":"$15.8 million","context":"Q2 2026 Dice Revenue"},{"amount":"$2.6 million","context":"Q2 2026 Net Income"},{"amount":"$2.0 million","context":"Q2 2026 Share Repurchase Cost"},{"amount":"$124M-$128M","context":"FY 2026 Revenue Guidance"}]},"materialImpact":{"score":4,"reasoning":"Company swung to a GAAP profit of $0.06 per share from a $0.02 loss, with Non-GAAP EPS rising to $0.09 from $0.07. While total revenue dipped 2%, ClearanceJobs grew 14% and management raised full-year Dice margin guidance to 24%, signaling improved profitability despite tech headwinds."},"tickerRelevance":{"others":[],"primary":"DHX"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":["guidance_update","buyback"],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"earnings-profitability-swing","sectorWeight":"tech-recruiting"}},"event_type":"earnings","event_type_secondary":["guidance_update","buyback"],"sentiment":"bullish","material_impact_score":4,"narrative":"DHI Group reported Q2 total revenue of $31.3 million, down 2% year-over-year, driven by a 14% decline in Dice revenue to $15.8 million.\n\nClearanceJobs offset this weakness with revenue up 14% to $15.6 million and bookings growing 24%, while the company returned to profitability with GAAP EPS of $0.06 compared to a loss of $0.02 last year.\n\nManagement reaffirmed full-year revenue guidance of $124M-$128M and raised the Dice Adjusted EBITDA margin outlook to 24%, signaling confidence in profitability despite the top-line softness in the Dice segment.\n\nThe company generated $4.5 million in free cash flow and repurchased 0.7 million shares for $2.0 million during the quarter.","key_figures":{"eps":0.06,"revenue":"$31.3 million","guidance":"FY 2026 Revenue $124M-$128M; Dice Adjusted EBITDA margin raised to 24% from 22%","revenueYoy":"-2%","customDimensions":{"fcf":"$4.5 million","net_income":"$2.6 million","dice_revenue":"$15.8 million","non_gaap_eps":"$0.09","adjusted_ebitda":"$8.3 million","dice_revenue_yoy":"-14%","shares_repurchased":"0.7 million","clearancejobs_revenue":"$15.6 million","adjusted_ebitda_margin":"27%","clearancejobs_revenue_yoy":"14%"}},"named_entities":{"people":[{"name":"Art Zeile","role":"President and CEO"},{"name":"Greg Schippers","role":"CFO"}],"products":["ClearanceJobs","Dice"],"companies":[{"name":"DHI Group, Inc.","ticker":"DHX"}],"dollarAmounts":[{"amount":"$31.3 million","context":"Q2 2026 Total Revenue"},{"amount":"$15.6 million","context":"Q2 2026 ClearanceJobs Revenue"},{"amount":"$15.8 million","context":"Q2 2026 Dice Revenue"},{"amount":"$2.6 million","context":"Q2 2026 Net Income"},{"amount":"$2.0 million","context":"Q2 2026 Share Repurchase Cost"},{"amount":"$124M-$128M","context":"FY 2026 Revenue Guidance"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-05T23:23:23.952Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-mid-cap","eventGravity":"earnings-profitability-swing","sectorWeight":"tech-recruiting"}},"durationMs":281546,"modelName":"glm-4.7"}}