BGSF, Inc. (BGSF)

In November 2025, BGSF announced a $5 million stock repurchase program and reported Q3 2025 results, including a net loss of $3.1 million, with revenues increasing by 14.4% from Q2. Shareholders approved key amendments at the annual meeting. In September 2025, BGSF completed the $99 million cash sale of its Professional division and announced a special dividend of $2.00 per share. In August 2025, BGSF reported Q2 2025 earnings, missing analyst estimates, and the stock dropped by 7.95%.

BGSF experiences demand seasonality, particularly within its Property Management segment. Revenues in this segment can be seasonally soft, as observed in Q1 2025, where Property Management segment revenues decreased by 14.1% from the previous quarter due to seasonal demand. Increased billed hours from seasonal demand can drive revenue increases, as seen in Q3 2025, where revenues were up 14.4% from Q2, primarily due to seasonal demand. The company anticipates a seasonal revenue lift in Q3.

BGSF, Inc., established in 1987, specializes in professional and skilled workforce solutions, operating in the professional staffing and workforce solutions sector. The company serves Fortune 1000 companies, mid-market businesses, and government agencies, focusing on IT, finance and accounting, engineering, healthcare, and administrative support. BGSF delivers services through Property Management and Professional segments and is investing in AI-powered platforms to enhance sales and recruiting efficiency.

BGSF, Inc. has a national geographic spread across the United States. The Property Management segment operates in 38 states and D.C. The Professional segment operates remotely and from offices in states including Arizona, Florida, Illinois, Maryland, Massachusetts, New Jersey, North Carolina, Rhode Island, Tennessee, and Texas. In 2023, BGSF expanded its global delivery capabilities through the acquisition of Arroyo Consulting LLC, adding nearshore and offshore software development locations in Medellin, Colombia, and Telangana, India.

BGSF has maintained a positive brand reputation, marked by its recognition within the staffing industry. In July 2024, BGSF announced an improved ranking in the Staffing Industry Analysts (SIA) U.S. 2024 lists. BGSF has also been recognized as Supplier Company of the Year by the National Apartment Association in recent years.

The ownership structure of BGSF, Inc. includes institutional, individual (insider), and public investors. Approximately 27.56% of the common stock is held by institutions, 6.72% by individuals/insiders, and 65.73% by the public and other investors. Major institutional shareholders include Tieton Capital Management LLC, Vanguard Group Inc, Pacific Ridge Capital Partners LLC, Dimensional Fund Advisors LP, and Ancora Advisors LLC. Notable individual shareholders (insiders) include Richard L. Baum Jr., Beth Garvey, Douglas Hailey, and C. David Allen Jr.