KELLY SERVICES INC

Listed Company

KELYBCIK 0000055135NasdaqAcceleratedServices-Help Supply ServicesDelawareFY ends Jan 3

Period

FY 2025

Revenue

$4.25B

Net Income

$-254.10M

Total Assets

$2.25B

Equity

$976.50M

Shares Out

—

Op. Cash Flow

$122.60M

KELYA$15.33+22.31% · past yearDBEQ Basic

Daily closing prices

Business

Kelly Services is a global specialty talent solutions company providing temporary staffing, permanent placement, and outcome-based workforce services. The company delivers staffing across light industrial, contact center, office, science, engineering, technology, education, and therapy sectors, alongside managed service provider, recruitment process outsourcing, and payroll process outsourcing solutions. Operations are organized into three reportable segments: Enterprise Talent Management, Science Engineering & Technology, and Education, serving clients across North America and globally.

Summary from 10-K filed 2026-02-12

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue from services	4,251	4,332	4,836	4,965	4,910
Cost of services	3,398	3,449	3,874	3,954	3,991
Gross profit	853	883	961	1,012	919
Selling, general and administrative expenses	826	818	935	944	871
Goodwill impairment charge	102	73	0	41	0
Asset impairment charge	0	14	2	0	0
Gain on sale of assets	−1	−5	0	−6	—
Gain on sale of EMEA staffing operations	−4	−2	0	19	0
Earnings (loss) from operations	−70	−15	24	15	49
Other income (expense), net	−9	−7	600,000	2	−4
Earnings (loss) before taxes	−79	−22	25	—	—
Income tax expense (benefit)	175	−21	−12	−8	35
Net earnings (loss)	−254	−600,000	36	−63	156
Basic earnings (loss) per share (in dollars per share)	−7.24	−0.02	0.99	−1.64	3.93
Diluted earnings (loss) per share (in dollars per share)	−7.24	−0.02	0.98	−1.64	3.91
Basic (in shares)	35	36	36	38	39
Diluted (in shares)	35	36	36	38	40

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and equivalents	33	39	126	154	113
Trade accounts receivable, less allowances of $10.0 and $8.4, respectively	1,189	1,256	1,161	1,492	1,423
Prepaid expenses and other current assets	47	71	49	70	53
Total current assets	1,268	1,366	1,627	1,715	1,589
Property and equipment, net	21	26	25	28	35
Operating lease right-of-use assets	43	47	47	67	76
Deferred taxes	163	330	321	300	303
Retirement plan assets	290	258	230	—	—
Goodwill, net	202	304	151	151	115
Intangibles, net	226	256	138	—	—
Other assets	38	45	43	403	389
Total noncurrent assets	982	1,267	955	949	1,306
Total Assets	2,251	2,632	2,582	2,664	2,894
Accounts payable and accrued liabilities	631	614	646	723	687
Operating lease liabilities	12	12	8	15	18
Accrued payroll and related taxes	141	164	156	316	318
Accrued workers' compensation and other claims	21	19	22	23	—
Income and other taxes	16	18	17	51	51
Total current liabilities	822	827	1,020	1,129	1,095
Long-term debt	102	239	0	—	—
Operating lease liabilities	45	51	43	55	61
Accrued workers' compensation and other claims	34	34	41	41	37
Accrued retirement benefits	264	240	217	174	220
Other long-term liabilities	8	7	7	11	87
Total noncurrent liabilities	452	571	308	281	463
Commitments and contingencies	—	—	—	—	—
Paid-in capital	36	34	31	28	24
Earnings invested in the business	965	1,230	1,242	1,216	1,315
Accumulated other comprehensive income (loss)	300,000	−7	200,000	−9	−28
Total stockholders' equity	977	1,235	1,254	1,254	1,336
Total Liabilities and Stockholders' Equity	2,251	2,632	2,582	2,664	2,894

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Deferred income taxes	169	−28	−25	−72	22
Depreciation and amortization	42	40	34	33	30
Operating lease asset amortization	11	11	16	19	21
Stock-based compensation	12	12	10	8	5
Provision for credit losses and sales allowances	3	−100,000	2	2	2
Gain on sale of assets	−1	−5	0	−6	—
Other, net	300,000	−9	3	3	6
Accounts receivable	95	−21	147	—	—
Other assets	5	3	−13	—	—
Accounts payable	−11	−31	−63	—	—
Other liabilities	−47	−28	−74	—	—
Net cash from (used in) operating activities	123	27	77	−76	85
Capital expenditures	−9	−11	−15	−12	−11
Proceeds from sale of EMEA staffing operations, net of cash disposed	22	77	0	0	—
Proceeds from sale of PersolKelly investment	6	0	0	—	—
Proceeds from sale of assets	1	4	0	10	0
Acquisition of companies, net of cash received	0	−432	0	−143	−213
Other investing activities	2	0	1	2	1
Net cash (used in) from investing activities	22	−362	−14	168	−181
Net change in short-term borrowings	0	0	−700,000	800,000	−200,000
Proceeds from long-term debt	1,598	1,340	0	0	—
Payments on long-term debt	−1,736	−1,101	0	0	—
Financing lease payments	0	0	−1	−1	−2
Dividend payments	−11	−11	−11	−11	−4
Payments of tax withholding for stock awards	−2	−3	−2	−900,000	−600,000
Contingent consideration payments	0	0	−3	−3	−2
Other financing activities	−300,000	−1	−200,000	−200,000	−200,000
Net cash from (used in) financing activities	−161	215	−60	−51	−8
Effect of exchange rates on cash, cash equivalents and restricted cash	8	−2	2	2	−5
Net change in cash, cash equivalents and restricted cash	−8	−122	5	43	−109
Interest	12	10	3	—	—
Income taxes, net	5	11	9	—	—
Non-cash capital accrual	300,000	2	400,000	—	—

Filings

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Frequently asked questions

What is KELLY SERVICES INC's CIK number?

KELLY SERVICES INC's SEC CIK number is 0000055135 (55135). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find KELLY SERVICES INC's SEC filings?

All of KELLY SERVICES INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did KELLY SERVICES INC last report earnings?

KELLY SERVICES INC (KELYB) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000055135-26-000114). This is KELLY SERVICES INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is KELLY SERVICES INC's most recent earnings 8-K?

KELLY SERVICES INC's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0000055135-26-000114. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View KELLY SERVICES INC's latest earnings 8-K →
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