DHI Group (DHX) IAccess Alpha Virtual Best Ideas Spring Investment Conference 2026 summary

Strategic positioning and market overview

• Platforms focus on connecting recruiters with tech talent, with unique search algorithms and a large, exclusive candidate pool.

• ClearanceJobs dominates the cleared tech professional market, while Dice targets broader tech hiring needs.

• Tech workforce expected to grow 15% over the next decade, outpacing overall employment growth.

• AI skills are increasingly in demand, with 55% of Dice jobs requiring at least one AI skill by end of 2025.

• Proprietary skills taxonomy and AI-driven matching differentiate the platforms from generalist competitors.

Financial performance and business model

• 2025 revenue reached $128 million, with 90%+ recurring revenue from subscription contracts.

• Adjusted EBITDA margin was 27% in 2025, with $21 million in operating cash flow and $14 million in free cash flow.

• Share buyback program reinstated, with $11.4 million repurchased in 2025 and a new $10 million program for 2026.

• Operating costs reduced by $35 million through restructurings, targeting a 25% EBITDA margin for 2026.

• Debt reduced to $30 million by end of 2025, with leverage at 0.85x adjusted EBITDA.

Platform innovation and acquisitions

• New self-service option for Dice launched, enabling instant online subscriptions.

• ClearanceJobs expanded with AgileATS (applicant tracking system) and Point Solutions Group (cleared staffing firm) acquisitions.

• ClearanceJobs Premium Candidate Subscription introduced, monetizing candidate features for the first time.

• Dice's recruiter marketplace of tools is rolling out, with ongoing partnership additions planned.

• Both platforms benefit from frequent major and minor product releases to maintain relevance.