Resources Connection, Inc. · NASDAQ:RGP
Resources Connection — Investor Presentation (October 2025)
23 slides from Resources Connection's investor presentation, October 2025
Slide 1: Investor Presentation
G L O B A L P R O F E S S I O N A L S E R V I C E S Investor Presentation. October 2025
Slide 2: Forward-looking statements
Within this presentation, we make “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to expectations concerning matters that are not historical facts. Suc
Slide 3: Ideal Partner for Transformation
Ideal Partner for LTM Total $535M 10-Yr Return $405M Transformation. Revenue of Capital Business today is evolving in real time. AI is rewriting the rules of how work gets done. Transformation is Who We Serve Of Fortune 100 88% Clients Across Regions North America, ~ 1,600 constant, and as challenge
Slide 4: Investment Highlights
Robust Global Platform Investment Our global, award-winning talent network and loyal client partnerships continue to create repeatable, scalable growth Highlights. Enhanced Financial Performance Significant pricing upside through value-based At RGP, we've created a durable business with the right pr
Slide 5: A Model That Breaks the Mold
A Model That High Flexibility Breaks the Mold. Traditional Staffing Traditional consulting and staffing models weren't built for today's reality. RGP offers a model designed for today's Low Impact High Impact business challenges. Here's how it works: Traditional Consulting Flexible by Design: Cons
Slide 6: RGP's High-Impact Solutions
RGP’s High-Impact Solutions. Clients often come to us for one solution and stay for more. We might start with finance transformation, risk, or compliance, then grow into digital, operations, and beyond. That’s how we build long-term client value, energized teams, and diversified revenue streams. Per
Slide 7: Key Market Segments
COMPREHENSIVE EXPERTISE IN TOP MARKETS & GROWTH STAGES Fortune Key Market Fortune Large Startups, 500 & 1000 Public Sector 100 Mid-Market Scaleups & 77% of Fortune & Non-Profit 88% Served Companies Spinouts 500 Served Segments. Our client base reflects our range and our relevance. From the Fortune 1
Slide 8: Our Edge? It's Our People
53% Big 4 Experience Award-Winning 53% of Consultants Have Big 4, Big Award-Winning Talent in AI Consulting or Big Law Experience Innovation, EX & Tech Experiences Our Edge? It's 6 71% Our People. 16+ Yrs. Experience Years Avg. Tenure We've built a bench of seasoned In North America, Among Our Our E
Slide 9: A Flexible Cost Model to Support Financial Agility
Strong Gross Margins Our agile delivery team adjusts with revenue and reduces utilization risk, together with pricing upside A Flexible Cost position us for further gross margin expansion Model to Support Improving Cost Structure Financial Agility. Our flexible incentive compensation model drives pe
Slide 10: Strategic Capital Allocation
Strategic Capital Strategic & Disciplined M&A Allocation. Strategic Acquisitions: With a strong track record of identifying and integrating accretive opportunities, we focus on acquisitions that add real value to our business & strengthen our position in the market. Growth Investments Capitalize on
Slide 11: Results of Operations
F I N A N C I A L H I G H L I G H T S Results of Operations. LTM Q1 FY2022 FY2023 FY2024 FY2025 FY2026 ($ in thousands) Revenue $ 805,018 $ 775,643 $ 632,801 $ 551,331 $ 534,625 Revenue Growth Rate 27.9% (3.6%) (18.4%) (12.9%) (3.0%) Gross Margin 39.3% 40.4% 38.9% 37.6% 38.3% Adjusted SG&A Percentag
Slide 12: Segment Financial Measures
F I N A N C I A L H I G H L I G H T S Segment Financial Measures. Q1 FY2026 ON-DEMAND EU /ASIA OUTSOURCED CONSULTING ALL OTHER TALENT PACIFIC SERVICES ($ in thousands) Revenue $ 44,442 $ 43,641 $ 19,888 $ 9,994 $ 2,264 Adjusted EBITDA(1) $ 4,422 $ 5,045 $ 837 $ 2,330 $ 183 Q1 FY2025 ON-DEMAND EU /AS
Slide 13: Balance Sheets
F I N A N C I A L H I G H L I G H T S Balance Sheets. FY2023 FY2024 FY2025 Q1 FY2026 ($ in thousands) Cash $ 116,784 $ 108,892 $ 86,147 $ 77,518 Current Assets $ 264,066 240,755 $ 203,686 $ 188,248 Total Assets $ 531,999 $ 510,914 $ 304,688 $ 287,211 Current Liabilities $ 97,084 $ 72,433 $ 75,402 $
Slide 14: Cash Flow Generation
F I N A N C I A L H I G H L I G H T S Cash Flow Generation. LTM Q1 FY2023 FY2024 FY2025 FY2026 ($ in thousands) Cash from Operating Activities $ 81,636 $ 21,919 $ 18,899 $ 11,376 $100 350% 335% Normalized Free Cash Flow *(in Millions) $90 315% Normalized Free Cash Flow Conversion* Less: Capital Expe
Slide 15: Let's Connect
| rgp.com Let's Connect. Jenn Ryu Pat Burek Chief Financial Officer Financial Profiles Jennifer.Ryu@rgp.com Pburek@finprofiles.com (714) 430.6500 (310) 622.8244 © 2025 Resources Connection, Inc. Confidential | rgp.com | 15
Slide 16: Appendix
Appendix. © 2025 Resources Connection, Inc. Confidential | rgp.com | 16
Slide 17: Historical Segment Information
Historical Segment Information. (Unaudited) THREE MONTHS ENDED AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, AUGUST 30, ($ in thousands) 2024 2024 2025 2025 2025 Revenue On-Demand Talent $52,473 $53,452 $47,089 $52,962 $44,442 Consulting 55,025 60,643 52,597 50,950 43,641 Europe & Asia Pacific 17,983
Slide 18: Consolidated Reconciling Information
Consolidated Reconciling Information. THREE MONTHS ENDED (Unaudited) AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, AUGUST 30, ($ in thousands) 2024 2024 2025 2025 2025 Consolidated net income (loss) ($5,707) ($68,715) ($44,052) ($73,306) ($2,405) Adjustments: Amortization expense 1,485 1,569 1,407 1,
Slide 19: Segment Reconciling Information
Segment Reconciling Information. THREE MONTHS ENDED (1) Unallocated items are generally comprised of (Unaudited) unallocated corporate administrative costs, including management and board compensation, corporate AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, AUGUST 31, support function costs and other
Slide 20: Reconciliation on Non-GAAP Measures
Reconciliation on Non-GAAP Measures. Reconciliation of net income to Adjusted EBITDA LTM Q1 FY2022 FY2023 FY2024 FY2025 ($ in thousands) FY2026 Net income (loss) $ 67,175 $ 54,359 $ 21,034 $ (191,780) $ (188,478) Adjustments: Amortization expense 4,908 5,018 5,378 5,880 5,588 Depreciation expense 3,
Slide 21: Reconciliation on Non-GAAP Measures
Reconciliation on Non-GAAP Measures. Reconciliation of cash from operating activities to Free cash Flow and Normalized Free Cash Flow LTM Q1 FY2022 FY2023 FY2024 FY2025 ($ in thousands) FY2026 Cash from operating activities $ 49,444 $ 81,636 $ 21,919 $ 18,899 $ 11,376 Less: Capital expenditures $ (2
Slide 22: Reconciliation on Non-GAAP Measures
Reconciliation on Non-GAAP Measures. Reconciliation of run-rate SG&A leverage LTM Q1 FY2022 FY2023 FY2024 FY2025 FY2026 ($ in thousands) GAAP SG&A expense $224,721 $228,842 $208,864 $202,024 $201,030 Less: Stock-based compensation expense 8,168 9,521 5,732 6,754 7,474 Amortized ERP system costs – –
Slide 23: Segment Reconciling Information
Segment Reconciling Information. Three Months Ended AUGUST 24, % OF AUGUST 31, % OF (1) Segment Adjusted EBITDA Margin is calculated by dividing segment Adjusted EBITDA by segment ($ in thousands) 2024 REVENUE (1) 2025 REVENUE (1) revenue. (2) Unallocated items are generally comprised of Adjusted EB
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