Companies

DHI Raises Dice Margin Outlook, Reaffirms Revenue Guidance

The Tip Desk · August 5, 2026 · 3 min read

ClearanceJobs bookings rose 24% to $14.3 million as the company lifted Dice's full-year Adjusted EBITDA margin target to 24% from 22%.

DHI Group, Inc. (DHX), a provider of AI-powered career marketplaces for technology roles, reported ClearanceJobs bookings of $14.3 million in the second quarter ended June 30, 2026, up 24% from a year earlier, after a 7% year-over-year increase in the first quarter.

Total bookings were $27.7 million, up 2% year over year, reversing a 9% year-over-year decline in the prior quarter. Dice bookings were $13.4 million, down 14% from a year earlier, after a 20% year-over-year decline in the first quarter.

ClearanceJobs revenue was $15.6 million, up 14% from a year earlier, accelerating from a 5% year-over-year increase in the first quarter. Dice revenue was $15.8 million, down 14% from a year earlier, after a 17% year-over-year decline in the prior quarter. Total revenue was $31.3 million, down 2% from a year earlier, after an 8% year-over-year decline in the first quarter.

President and CEO Art Zeile said ClearanceJobs bookings were supported by improving demand from traditional defense contractors and a growing number of commercial companies pursuing government work for the first time, and that Point Solutions Group exceeded expectations. He said the broader technology hiring market remains in the early stages of recovery, that demand for AI talent is accelerating, and that approximately three-quarters of new technology job postings require AI-related skills.

Net income was $2.6 million, or $0.06 a share, an 8% net income margin, versus a net loss of $0.8 million, or $0.02 a share, a year earlier. Non-GAAP earnings were $0.09 a share, compared with $0.07 a share a year earlier.

Adjusted EBITDA decreased 2% to $8.3 million, a 27% margin, from $8.5 million and a 27% margin a year earlier, after a 17% year-over-year increase to $8.1 million in the first quarter. ClearanceJobs Adjusted EBITDA was $6.0 million with a 39% margin, compared with $6.1 million and a 45% margin a year earlier. Dice Adjusted EBITDA was $4.2 million with a 26% margin, compared with $4.2 million and a 23% margin a year earlier.

Cash flow from operations was $6.1 million, compared with $6.9 million a year earlier, and free cash flow was $4.5 million, compared with $4.8 million. Cash was $3.8 million at quarter end compared with $2.9 million at the end of last year. Total debt was $32.0 million. The company repurchased 0.7 million shares for $2.0 million in the second quarter, after repurchasing 2.0 million shares for $4.7 million in the first quarter.

Dice renewal rate on revenue was 66% and on count 56%, compared with 75% and 66% a year earlier. ClearanceJobs renewal on revenue held at 87% while renewal on count fell to 68% from 77%. Recruitment package customers were 1,735 at ClearanceJobs and 3,702 at Dice at June 30, 2026, down 7% and 15% from a year earlier. Backlog was $92.3 million at June 30, 2026, down 7% from $99.6 million at year-end 2025 and down 9% from $101.2 million a year earlier.

DHI reaffirmed full-year 2026 revenue guidance of $124 million to $128 million and full-year Adjusted EBITDA margin guidance of 25% for DHI and 40% for ClearanceJobs, while raising full-year Dice Adjusted EBITDA margin guidance to 24% from 22%. Third-quarter 2026 revenue guidance was $30 million to $32 million for DHI, with ClearanceJobs and Dice each guided at $15 million to $16 million.