What changed in this filing

/stocks — the workspaceLOADING

Item 1. Financial Statements

2026-08-04 compared with 2026-05-01 · 134 added, 73 removed, 511 unchanged (29% of the section changed)

42 unchanged sentences

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

Service revenues $ 1,336,365 $ 1,369,743 $ 2,636,544 $ 2,721,650

3 unchanged sentences

Selling, general and administrative expenses 536,326 507,934 979,324 968,097

Operating income 36,911 38,882

Operating (loss) income

( 62,299 ) 1,540 ( 25,388 ) 40,422

(Income) loss from investments held in employee deferred compensation trusts (which is completely offset by related costs and expenses - Note A)

( 100,878 ) ( 57,654 ) ( 92,651 ) ( 37,483 )

Interest income, net ( 2,013 ) ( 2,239 ) ( 4,771 ) ( 5,811 )

15 unchanged sentences

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

COMPREHENSIVE INCOME (LOSS):

23 unchanged sentences

102,294 $ 102 $ 1,264,330 $ ( 33,201 ) $ — $ 1,231,231

Net income — — — — 26,318 26,318

Other comprehensive income (loss) — — — ( 1,952 ) — ( 1,952 )

Dividends declared ($ 0.59 per share)

— — ( 34,158 ) — ( 26,188 ) ( 60,346 )

Net issuances of restricted stock 69 — — — — —

Stock-based compensation — — 12,538 — — 12,538

Repurchases of common stock ( 1 ) — — — ( 130 ) ( 130 )

Balance at June 30, 2026 102,362 $ 102 $ 1,242,710 $ ( 35,153 ) $ — $ 1,207,659

Common Stock Additional Paid-In Capital Accumulated Other Comprehensive Loss Retained Earnings Total

9 unchanged sentences

Balance at March 31, 2025 102,164 $ 102 $ 1,366,786 $ ( 53,666 ) $ — $ 1,313,222

Net income — — — — 40,968 40,968

Other comprehensive income (loss) — — — 23,639 — 23,639

Dividends declared ($ 0.59 per share)

— — ( 39,473 ) — ( 20,811 ) ( 60,284 )

Net issuances of restricted stock 36 — — — — —

Stock-based compensation — — 14,530 — — 14,530

Repurchases of common stock ( 461 ) — — — ( 20,157 ) ( 20,157 )

Balance at June 30, 2025 101,739 $ 102 $ 1,341,843 $ ( 30,027 ) $ — $ 1,311,918

The accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)

3 unchanged sentences

(in thousands)

Three Months Ended

Six Months Ended

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income $ 40,108 $ 58,318

Adjustments to reconcile net income to net cash used in operating activities:

Adjustments to reconcile net income to net cash (used in) provided by operating activities:

Allowance for credit losses 2,082 2,699

2 unchanged sentences

Amortization of intangible assets 426 825

Realized and unrealized (income) loss from investments held in employee deferred

Realized and unrealized income from investments held in employee deferred

compensation trusts

( 87,129 ) ( 32,488 )

Stock-based compensation 23,797 31,235

Deferred income taxes 14,673 1,594

Changes in operating assets and liabilities:

Changes in operating assets and liabilities, net of effects of acquisitions:

Accounts receivable ( 78,943 ) ( 30,562 )

5 unchanged sentences

Other assets and liabilities, net ( 11,596 ) ( 12,230 )

Net cash flows used in operating activities ( 112,339 ) ( 59,347 )

Net cash flows (used in) provided by operating activities

( 3,641 ) 60,030

CASH FLOWS FROM INVESTING ACTIVITIES:

2 unchanged sentences

Proceeds from employee deferred compensation trust redemptions 50,164 40,081

Payments for acquisitions, net of cash acquired — ( 10,114 )

Net cash flows used in investing activities ( 5,143 ) ( 48,741 )

14 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

March 31, 2026

June 30, 2026

Note A— Summary of Significant Accounting Policies

17 unchanged sentences

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.

As of March 31, 2026, such estimates include allowances for credit losses, variable consideration, workers’ compensation losses, accrued medical expenses, income and other taxes, and assumptions used in the Company’s goodwill impairment assessment and in the valuation of stock grants subject to market conditions.

As of June 30, 2026, such estimates include allowances for credit losses, variable consideration, workers’ compensation losses, accrued medical expenses, income and other taxes, and assumptions used in the Company’s goodwill impairment assessment and in the valuation of stock grants subject to market conditions.

Actual results and outcomes may differ from management’s estimates and assumptions.

10 unchanged sentences

The Company expenses all advertising costs as incurred.

Advertising costs were $ 9.6 million and $ 12.0 million for the three months ended March 31, 2026, and 2025, respectively.

Advertising costs were $ 10.1 million and $ 19.7 million for the three and six months ended June 30, 2026, respectively, and $ 11.8 million and $ 23.8 million for the three and six months ended June 30, 2025, respectively.

(Income) Loss from Investments Held in Employee Deferred Compensation Trusts .

5 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

June 30, 2026

The following table presents the Company’s (income) loss from investments held in employee deferred compensation trusts (in thousands):

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

Dividend income $ ( 3,802 ) $ ( 3,055 ) $ ( 5,522 ) $ ( 4,995 )

Realized and unrealized losses 9,947 22,111

Realized and unrealized gains

( 97,076 ) ( 54,599 ) ( 87,129 ) ( 32,488 )

(Income) loss from investments held in employee deferred compensation trusts (which is completely offset by related costs and expense)

The following table presents the Company’s decrease in employee deferred compensation costs and expense related to changes in the fair value of trust assets for its nonqualified employee deferred compensation plans (in thousands):

$ ( 100,878 ) $ ( 57,654 ) $ ( 92,651 ) $ ( 37,483 )

The following table presents the Company’s increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets for its nonqualified employee deferred compensation plans (in thousands):

Three Months Ended

Decrease in employee deferred compensation costs and expense related to changes in the fair value of trust assets $ ( 8,227 ) $ ( 20,171 )

June 30, Six Months Ended

2026 2025 2026 2025

Increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets

$ 100,878 $ 57,654 $ 92,651 $ 37,483

Comprehensive Income (Loss).

10 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

June 30, 2026

The following table summarizes the Company’s financial instruments by significant category and fair value measurement on a recurring basis (in thousands):

Fair Value Measurements Using

Balance at March 31, 2026

Balance at June 30, 2026

Quoted Prices

32 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

The following table sets forth the activity in the allowance for credit losses from December 31, 2025, through March 31, 2026 (in thousands):

June 30, 2026

The following table sets forth the activity in the allowance for credit losses from December 31, 2025, through June 30, 2026 (in thousands):

Allowance for Credit Losses

3 unchanged sentences

Other, including foreign currency translation adjustments ( 246 )

Balance as of March 31, 2026

Balance as of June 30, 2026

Note B— New Accounting Pronouncements

20 unchanged sentences

Targeted Improvements to the Accounting for Internal-Use Software.

The amendments in this ASU removes all references to software development project stages so that the guidance is neutral to different software development methods.

The amendments in this ASU remove all references to software development project stages so that the guidance is neutral to different software development methods.

Under the new standard, entities will start capitalizing eligible costs when (1) management has authorized and committed to funding the software project, and (2) it is probable that the project will be completed and the software will be used to perform the function intended.

1 unchanged sentence

Early adoption is permitted.

The Company is currently evaluating the impact of the standard on its consolidated financial statements and related disclosures.

The Company is currently evaluating the impact of the new guidance on its consolidated financial statements and related disclosures.

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

June 30, 2026

Note C— Revenue Recognition

30 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

June 30, 2026

The following table presents the Company’s revenues disaggregated by functional specialization and segments (in thousands):

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

Contract talent solutions

12 unchanged sentences

Contracts with multiple performance obligations are recognized as performance obligations are delivered, and contract value is allocated based on relative stand-alone selling values of the services and products in the arrangement.

As of March 31, 2026, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $ 179.3 million.

As of June 30, 2026, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $ 194.8 million.

Of this amount, $ 180.3 million is expected to be recognized within the next 12 months.

As of March 31, 2025, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $ 227.4 million.

As of June 30, 2025, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $ 213.7 million.

Contract liabilities are recorded when cash payments are received or due in advance of performance and are reflected in accounts payable and accrued expenses on the unaudited Condensed Consolidated Statements of Financial Position.

The following table sets forth the activity in contract liabilities from December 31, 2025, through March 31, 2026 (in thousands):

The following table sets forth the activity in contract liabilities from December 31, 2025, through June 30, 2026 (in thousands):

Contract Liabilities

3 unchanged sentences

Other, including translation adjustments ( 97 )

Balance as of March 31, 2026

Balance as of June 30, 2026

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

June 30, 2026

Note D— Other Current Assets

3 unchanged sentences

Unamortized cloud computing implementation costs, current

17,339 19,826

Other 59,590 56,467

13 unchanged sentences

The Company’s leases have remaining lease terms of less than one year to 10 years, some of which include options to extend the leases for up to seven years , and some of which include options to terminate the leases within one year .

Operating lease expense was $ 19.3 million and $ 20.0 million for the three months ended March 31, 2026 and 2025, respectively.

Operating lease expense was $ 18.8 million and $ 38.1 million for the three and six months ended June 30, 2026, respectively, and $ 19.8 million and $ 39.8 million for the three and six months ended June 30, 2025, respectively.

Supplemental cash flow information related to leases consisted of the following (in thousands):

Three Months Ended

Six Months Ended

Cash paid for operating lease liabilities $ 41,874 $ 39,082

6 unchanged sentences

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

Future minimum lease payments under noncancelable leases as of March 31, 2026, were as follows (in thousands):

2026 (excluding the three months ended March 31, 2026)

June 30, 2026

Future minimum lease payments under noncancelable leases as of June 30, 2026, were as follows (in thousands):

2026 (excluding the six months ended June 30, 2026)

Thereafter 49,037

2 unchanged sentences

(a) Includes the current portion of $ 66.5 million for operating leases.

As of March 31, 2026, the Company had additional future minimum lease obligations totaling $ 50.5 million under executed operating lease contracts that had not yet commenced.

As of June 30, 2026, the Company had additional future minimum lease obligations totaling $ 63.7 million under executed operating lease contracts that had not yet commenced.

These operating leases include agreements for corporate and field office facilities with lease terms of less than one year to 11 years.

Note G— Goodwill

The following table sets forth the activity in goodwill from December 31, 2025 through March 31, 2026 (in thousands):

The following table sets forth the activity in goodwill from December 31, 2025 through June 30, 2026 (in thousands):

Contract talent solutions Permanent placement talent solutions Protiviti Total

2 unchanged sentences

Foreign currency translation adjustments ( 218 ) ( 42 ) ( 510 ) ( 770 )

Balance as of March 31, 2026

Balance as of June 30, 2026

$ 135,480 $ 26,364 $ 88,855 $ 250,699

The Company completed its annual assessment of the recoverability of goodwill during the three months ended June 30, 2026, and determined there were no events or circumstances that would more likely than not reduce the fair value of the Company’s reporting units below their carrying value.

Note H— Other Noncurrent Assets

4 unchanged sentences

Other noncurrent assets $ 25,887 $ 19,604

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

Note I— Accrued Payroll and Benefit Costs

5 unchanged sentences

Accrued payroll and benefit costs $ 387,628 $ 382,020

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

Note J— Employee Deferred Compensation Plan Obligations

4 unchanged sentences

These plans include provisions for salary deferrals and discretionary contributions.

The asset value of the nonqualified plans was $ 758.8 million and $ 773.9 million as of March 31, 2026 and December 31, 2025, respectively.

The asset value of the nonqualified plans was $ 850.6 million and $ 773.9 million as of June 30, 2026 and December 31, 2025, respectively.

The Company holds these assets to satisfy the Company’s liabilities under its deferred compensation plans.

The liability value for the nonqualified plans was $ 738.0 million and $ 771.6 million as of March 31, 2026 and December 31, 2025, respectively.

Contribution expenses for the Company’s qualified and nonqualified defined contribution plans were $ 7.0 million and $ 13.8 million for the three months ended March 31, 2026 and 2025, respectively.

The liability value for the nonqualified plans was $ 827.3 million and $ 771.6 million as of June 30, 2026 and December 31, 2025, respectively.

Contribution expenses for the Company’s qualified and nonqualified defined contribution plans were $ 9.8 million and $ 16.8 million for the three and six months ended June 30, 2026, respectively, and $ 11.6 million and $ 25.3 million for the three and six months ended June 30, 2025, respectively.

The Company has statutory defined contribution plans and defined benefit plans outside the U.S., which are not material.

12 unchanged sentences

Closing arguments were delivered on January 23, 2026, and final briefs submitted.

The Court’s findings and final order on the liability phase are expected prior to a case management conference currently scheduled for May 21, 2026.

If the Court’s order on liability finds in favor of Plaintiff on any claims, the case will move to a second phase regarding damages which would have its own discovery and separate trial.

On May 4, 2026, the court issued its statement of decision after court trial on phase one of the trial.

This is a two-phase trial.

The decision is an interim order covering the liability issues tried in phase one of the case.

The second phase of the trial is the damages phase.

The final ruling and judgment will not be issued until after the conclusion of trial on damages, which is currently set for May 2027.

They will both be subject to appeal.

In its May 4, 2026, ruling, the court found candidate interviews to be compensable and the Company liable for

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

unpaid wages, liquidated damages and some PAGA penalties.

Due in part to conflicting legal decisions and the uncertainty of the law in this area, the court found the Company was not willful in its failure to pay for interviews so did not find the Company liable for waiting time penalties or non-compliant wage statements.

The amount of damages for unpaid wages, liquidated damages and PAGA penalties will be determined in the damages phase of the trial set to begin on May 3, 2027.

On June 11, 2026, Gentry Petitioned for Writ of Mandate (“Writ”) to the California Court of Appeal seeking a reversal of the Superior Court’s ruling that the Company was not liable for waiting time penalties or non-compliant wage statements.

The Court of Appeal notified the parties on June 24, 2026, that it declined Gentry’s Writ.

On June 18, 2026, Gentry filed a Motion for Determination of entitlement to Permanent Injunctive Relief seeking an order to require the Company to start the payment of interview time pay to all employees interviewing for temporary and permanent employment opportunities effective upon the close of the damages trial in May 2027.

The hearing on the permanent injunction motion is set for September 24, 2026.

The Company maintains its position that it has meritorious defenses to the allegations asserted by Gentry, and the Company intends to continue to vigorously defend against the litigation including an appeal of a final judgment.

At this stage of the litigation, it is not feasible to predict the outcome of or a range of loss, should a loss occur, from this proceeding and, accordingly, no amounts have been provided in the Company’s Financial Statements.

The Company believes it has meritorious defenses to the allegations and the Company intends to continue to vigorously defend against the litigation.

On April 6, 2018, Plaintiff Shari Dorff, on her own behalf and on behalf of a putative class of allegedly similarly situated individuals, filed a complaint against the Company in the Superior Court of California, County of Los Angeles.

6 unchanged sentences

Plaintiff Dorff also seeks an unspecified amount of other damages, attorneys’ fees and penalties, including but not limited to statutory penalties on behalf of herself and other allegedly “aggrieved employees” as defined by PAGA.

On April 8, 2026, Dorff’s motion for

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

certification of a class was heard by the Court.

On April 8, 2026, Dorff’s motion for certification of a class was heard by the Court.

On April 20, 2026, the Court issued an order denying Dorff’s motion for certification of a class.

Dorff has 10 days to seek reconsideration of the Court’s ruling or file a petition for writ relief from the Court’s order.

On June 1, 2026, the Court severed Dorff’s individual employment discrimination related claims from her individual misclassification claim and her collective PAGA claims.

Trial on Dorff’s individual misclassification claim is set for January 11, 2027.

No trial date was set for Dorff’s other individual claims and no trial date was set for Dorff’s collective PAGA claims.

5 unchanged sentences

Borrowings under the 2025 Credit Agreement will bear interest in accordance with the terms of the borrowing, which typically will be calculated according to the adjusted term Secured Overnight Financing Rate (“SOFR”), plus an applicable margin.

The 2025 Credit Agreement is subject to certain financial covenants, and the Company was in compliance with these covenants as of March 31, 2026.

As of March 31, 2026, the Company had no cash borrowings under the 2025 Credit Agreement, and maintained $ 10.1 million in standby letters of credit to satisfy workers’ compensation insurers’ collateral requirements.

The 2025 Credit Agreement is subject to certain financial covenants, and the Company was in compliance with these covenants as of June 30, 2026.

As of June 30, 2026, the Company had no cash borrowings under the 2025 Credit Agreement, and maintained $ 10.3 million in standby letters of credit to satisfy workers’ compensation insurers’ collateral requirements.

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

Note L— Stockholders’ Equity

Stock Repurchase Program.

As of March 31, 2026, the Company is authorized to repurchase, from time to time, up to 5.6 million additional shares of the Company’s common stock on the open market or in privately negotiated transactions, depending on market conditions.

The number and the cost of common stock shares repurchased during the three months ended March 31, 2026 and 2025, are reflected in the following table (in thousands):

Three Months Ended

As of June 30, 2026, the Company is authorized to repurchase, from time to time, up to 5.6 million additional shares of the Company’s common stock on the open market or in privately negotiated transactions, depending on market conditions.

The number and the cost of common stock shares repurchased during the six months ended June 30, 2026 and 2025, are reflected in the following table (in thousands):

Six Months Ended

Common stock repurchased (in shares) — 1,128

1 unchanged sentence

Additional stock repurchases were made in connection with employee stock plans, whereby Company shares were tendered by employees for the payment of applicable statutory withholding taxes.

The number and the cost of employee stock plan repurchases made during the three months ended March 31, 2026 and 2025, are reflected in the following table (in thousands):

Three Months Ended

The number and the cost of employee stock plan repurchases made during the six months ended June 30, 2026 and 2025, are reflected in the following table (in thousands):

Six Months Ended

Repurchases related to employee stock plans (in shares) 250 191

2 unchanged sentences

Treasury stock is accounted for using the cost method.

Treasury stock activity for the three months ended March 31, 2026 and 2025 (consisting of purchases of shares for the treasury), is presented in the unaudited Condensed Consolidated Statements of Stockholders’ Equity.

Treasury stock activity for the six months ended June 30, 2026 and 2025 (consisting of purchases of shares for the treasury), is presented in the unaudited Condensed Consolidated Statements of Stockholders’ Equity.

Repurchases of shares and issuances of dividends are applied first to the extent of retained earnings and any remaining amounts are applied to additional paid-in capital.

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

Note M— Net Income Per Share

The calculation of net income per share for the three months ended March 31, 2026 and 2025, is reflected in the following table (in thousands, except per share amounts):

The calculation of net income per share for the three and six months ended June 30, 2026 and 2025, is reflected in the following table (in thousands, except per share amounts):

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

Net income $ 26,318 $ 40,968 $ 40,108 $ 58,318

8 unchanged sentences

Diluted $ 0.26 $ 0.41 $ 0.40 $ 0.58

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

Note N— Business Segments

10 unchanged sentences

The accounting policies of the segments are set forth in Note A— “ Summary of Significant Accounting Policies.

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

The following tables provide a reconciliation of service revenues and segment income by reportable segment to consolidated results (in thousands):

Three Months Ended

June 30, Six Months Ended

Contract Talent Solutions 2026 2025 2026 2025

9 unchanged sentences

Three Months Ended

June 30, Six Months Ended

Permanent Placement Talent Solutions 2026 2025 2026 2025

2 unchanged sentences

Segment costs of services (2)

168 162 446 392

Compensation expenses (3)

3 unchanged sentences

Segment income $ 10,894 $ 8,259 $ 16,950 $ 11,883

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

Three Months Ended

June 30, Six Months Ended

Protiviti 2026 2025 2026 2025

9 unchanged sentences

Three Months Ended

June 30, Six Months Ended

Combined Segment 2026 2025 2026 2025

10 unchanged sentences

Income before income taxes $ 40,592 $ 61,433 $ 72,034 $ 83,716

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

March 31, 2026

(1) Service revenues presented above are shown net of eliminations of intersegment revenues.

Intersegment revenues between the contract talent solutions segment and the Protiviti segment were $ 116.8 million and $ 117.9 million for the three months ended March 31, 2026 and 2025, respectively.

Intersegment revenues between the contract talent solutions segment and the Protiviti segment were $ 121.4 million and $ 238.2 million for the three and six months ended June 30, 2026, respectively, and $ 119.8 million and $ 237.7 million for the three and six months ended June 30, 2025, respectively.

Service revenues related to the intersegment activity are reflected in the Protiviti segment.

7 unchanged sentences

Three Months Ended

June 30, Six Months Ended

2026 2025 2026 2025

Depreciation expense

3 unchanged sentences

$ 12,354 $ 12,602 $ 24,639 $ 25,608

ROBERT HALF INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)—(Continued)

June 30, 2026

Note O— Subsequent Events

On April 30, 2026, the Company announced the following:

On August 3, 2026, the Company announced the following:

Quarterly dividend per share $ 0.59

Declaration date April 30, 2026

Record date May 22, 2026

Payment date June 15, 2026

Declaration date August 3, 2026

Record date August 25, 2026

Payment date September 15, 2026

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements