BGSF, Inc., headquartered in Plano, Texas, since its incorporation in 2007, offers extensive workforce solutions and talent acquisition services across the United States. The company's operations are divided into two main divisions: Real Estate and Professional. Through its Real Estate segment, BGSF supplies administrative and upkeep personnel for a range of apartment complexes and commercial structures. The Professional segment, conversely, specializes in providing adept IT professionals skilled in platforms such as SAP, Workday, Peoplesoft, Hyperion, Oracle, One Stream, cybersecurity, and project management, alongside other IT staffing needs. This division also sources experts in finance, accounting, legal, human resources, and related support functions. BGSF's clientele spans from large Fortune 500 corporations to small and medium-sized businesses, including consulting firms undertaking systems integration initiatives. The company was previously known as BG Staffing, Inc. until its rebranding to BGSF, Inc. in February 2021.
BGSF, Inc. Reports Second Quarter 2026 Financial Results
BGSF reported Q2 revenue of $22.3 million, a decrease from $23.5 million in the prior year quarter, driven by lower billable hours.
The company significantly narrowed its net loss to $0.8 million, or $0.08 per share, compared to a net loss of $4.5 million, or $0.41 per share, in the prior year, driven by reductions in selling, general, and administrative expenses.
Management noted this was the first reporting period following the conclusion of the Transition Services Agreement with INSPYR and stated they are streamlining operations to reduce costs ahead of the seasonally strong third quarter.