Kelly Services Inc income statement
In fiscal 2025, Kelly Services Inc reported revenue of $4.25bn, down 1.9% on the year before, operating income of −$69.8m (a -1.6% margin) and net income of −$254m, or −$7.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Jan 2012 | 2012Dec 2012 | 2013Dec 2013 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Jan 2022 | 2022Jan 2023 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,551 | 5,451 | 5,413 | 5,374 | 5,514 | 5,356 | 4,516 | 4,910 | 4,965 | 4,836 | 4,332 | 4,251 | 4,063 |
| Cost of revenue | — | — | — | 4,420 | 4,542 | 4,387 | 3,688 | 3,991 | 3,954 | 3,874 | 3,449 | 3,398 | 3,264 |
| Gross profit | 883 | 897 | 890 | 954 | 972 | 968 | 828 | 919 | 1,012 | 961 | 883 | 853 | 799 |
| Selling, general and administrative | 826 | 821 | 835 | 871 | 885 | 883 | 806 | 871 | 944 | 935 | 818 | 826 | 788 |
| Operating income | 58 | 72 | 53 | 83 | 87 | 82 | −94 | 49 | 15 | 24 | −15 | −70 | −92 |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 2 | 3 | 11 | 12 | 9 |
| Provision for credit losses | — | — | — | — | — | — | 10 | 1 | 1 | — | — | — | — |
| Income before tax | 58 | 69 | 49 | 82 | −9 | 116 | −107 | 186 | −71 | 25 | −22 | −79 | −99 |
| Income tax | −7 | 19 | −10 | 13 | −27 | 0 | −34 | 35 | −8 | −12 | −21 | 175 | 175 |
| Net income | 64 | 50 | 59 | 72 | 23 | 112 | −72 | 156 | −63 | 36 | −1 | −254 | −273 |
| Diluted EPS | $1.69 | $1.32 | $1.54 | $1.81 | $0.58 | $2.84 | −$1.83 | $3.91 | −$1.64 | $0.98 | −$0.02 | −$7.24 | −$7.88 |
| Diluted shares (average) | 37m | 37m | 37m | 39m | 39m | 39m | 39m | 40m | 38m | 36m | 36m | 35m | 35m |
| EBITDA | 89 | 95 | 74 | 106 | 114 | 113 | −69 | 78 | 48 | 58 | 25 | −27 | −51 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,038 | 1,191 | 1,165 | 1,102 | 935 | 1,049 | 1,041 | 1,038 |
| Cost of revenue | 816 | 950 | 928 | 876 | 741 | 852 | 844 | 826 |
| Gross profit | 222 | 242 | 237 | 226 | 194 | 197 | 196 | 212 |
| Selling, general and administrative | 219 | 217 | 226 | 207 | 194 | 199 | 199 | 196 |
| Operating income | 3 | −57 | 11 | 22 | −102 | −1 | −5 | 16 |
| Interest expense | 5 | 4 | 4 | 4 | 2 | 3 | 2 | 2 |
| Income before tax | −2 | −56 | 8 | 20 | −104 | −3 | −7 | 14 |
| Income tax | −3 | −24 | 2 | 1 | 46 | 126 | −1 | 3 |
| Net income | 1 | −32 | 6 | 19 | −150 | −129 | −6 | 11 |
| Diluted EPS | $0.02 | −$0.87 | $0.16 | $0.52 | −$4.26 | −$3.68 | −$0.17 | $0.31 |
| EBITDA | 14 | −45 | 22 | 33 | −92 | 10 | 5 | 26 |
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