Kelly Services, Inc. (KELYA) Income Statement
KELYA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKELYA revenue and net income
Where KELYA's revenue goes
2025Each bar shows an amount and its share of revenue. KELYA kept −6.0% of revenue as net income.
KELYA profit margins
KELYA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.9% | −5.0% | −1.2% | −2.6% |
| Gross profit | −3.4% | −5.5% | +0.6% | −0.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −44.8% | −1.8% | −2.1% | −0.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KELYA quarterly EPS vs estimates
Kelly Services beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.07).
KELYA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.25B | $4.33B | $4.84B | $4.97B | $4.91B | $4.52B | $5.36B | $5.51B | $5.37B | $5.28B |
| Cost of revenue | $3.40B | $3.45B | $3.87B | $3.95B | $3.99B | $3.69B | $4.39B | $4.54B | $4.42B | $4.37B |
| Gross profit | $853.0M | $882.6M | $961.4M | $1.01B | $919.2M | $827.6M | $968.4M | $972.2M | $954.1M | $906.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $825.9M | $785.0M | $875.2M | $922.4M | $853.6M | $784.6M | $883.1M | $884.8M | $870.8M | $841.3M |
| Total operating expenses | $922.8M | $897.7M | $937.1M | $997.0M | $870.6M | $921.2M | $883.1M | $884.8M | $870.8M | $841.3M |
| Operating income | −$69.8M | −$15.1M | $24.3M | $14.8M | $48.6M | −$93.6M | $81.8M | $87.4M | $83.3M | $65.0M |
| Interest income | $3.7M | $6.8M | $6.7M | $2.3M | $200,000 | $600,000 | $1.1M | $800,000 | $700,000 | $400,000 |
| Interest expense | $12.4M | $10.9M | $3.2M | $2.1M | $2.5M | $3.0M | $4.2M | $3.1M | $2.7M | $3.8M |
| Income before taxes | −$78.8M | −$21.9M | $24.9M | −$70.4M | $191.2M | −$106.0M | $112.8M | −$9.4M | $81.7M | $151.5M |
| Income taxes | $175.3M | −$21.3M | −$11.5M | −$7.9M | $35.1M | −$34.0M | $400,000 | −$27.1M | $12.8M | $30.0M |
| Net income | −$254.1M | −$600,000 | $36.4M | −$62.5M | $156.1M | −$72.0M | $112.4M | $22.9M | $71.6M | $122.6M |
| EBITDA | $112.6M | $39.9M | $115.4M | $121.9M | $103.6M | $80.2M | $174.5M | $19.9M | $107.1M | $174.8M |
| EPS (diluted) | $1.27 | $2.30 | $2.19 | $1.34 | $1.51 | $1.41 | $2.16 | $2.29 | $2.20 | $1.56 |
| Gross margin | 20.1% | 20.4% | 19.9% | 20.4% | 18.7% | 18.3% | 18.1% | 17.6% | 17.8% | 17.2% |
| Operating margin | −1.6% | −0.3% | 0.5% | 0.3% | 1.0% | −2.1% | 1.5% | 1.6% | 1.5% | 1.2% |
| Net margin | −6.0% | −0.0% | 0.8% | −1.3% | 3.2% | −1.6% | 2.1% | 0.4% | 1.3% | 2.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.04B | $1.05B | $935.0M | $1.10B | $1.16B | $1.19B | $1.04B | $1.06B | $1.05B | $1.23B | $1.12B |
| Cost of revenue | $826.2M | $854.2M | $852.2M | $741.0M | $876.3M | $928.4M | $949.6M | $816.4M | $843.8M | $839.4M | $994.0M | $889.5M |
| Gross profit | $212.0M | $186.5M | $197.0M | $194.0M | $225.5M | $236.5M | $241.5M | $221.7M | $213.7M | $205.7M | $238.2M | $228.5M |
| Sales, general & admin | $195.9M | $199.3M | $198.5M | $194.4M | $207.3M | $225.7M | $227.6M | $219.0M | $191.5M | $190.5M | $228.7M | $228.4M |
| Total operating expenses | $195.9M | $184.7M | $197.7M | $296.1M | $203.3M | $225.7M | $298.2M | $219.1M | $201.5M | $178.9M | $230.9M | $228.4M |
| Operating income | $16.1M | $1.8M | −$700,000 | −$102.1M | $22.2M | $10.8M | −$56.7M | $2.6M | $12.2M | $26.8M | $7.3M | $100,000 |
| Interest income | $500,000 | $400,000 | $1.0M | $1.0M | $900,000 | $800,000 | $400,000 | $1.3M | $2.3M | $2.8M | $1.9M | $2.1M |
| Interest expense | $2.1M | $2.0M | $2.5M | $2.4M | $3.5M | $4.0M | $3.8M | $4.5M | $2.1M | $500,000 | $800,000 | $1.0M |
| Income before taxes | $14.4M | −$6.7M | −$2.6M | −$103.7M | $19.9M | $7.6M | −$55.6M | −$1.8M | $5.7M | $29.8M | $4.9M | $1.7M |
| Income taxes | $3.0M | −$800,000 | $126.2M | $46.4M | $900,000 | $1.8M | −$23.8M | −$2.6M | $1.1M | $4.0M | −$6.5M | −$4.9M |
| Net income | $11.4M | −$5.9M | −$128.8M | −$150.1M | $19.0M | $5.8M | −$31.8M | $800,000 | $4.6M | $25.8M | $11.4M | $6.6M |
| EBITDA | $28.9M | $7.8M | $21.5M | −$90.5M | $37.5M | $35.1M | $38.3M | $16.9M | $38.5M | $40.5M | $30.4M | $27.9M |
| EPS (diluted) | $0.37 | $0.03 | $0.16 | $0.18 | $0.54 | $0.39 | $0.82 | $0.21 | $0.71 | $0.56 | $0.93 | $0.50 |
| Gross margin | 20.4% | 17.9% | 18.8% | 20.7% | 20.5% | 20.3% | 20.3% | 21.4% | 20.2% | 19.7% | 19.3% | 20.4% |
| Operating margin | 1.6% | 0.2% | −0.1% | −10.9% | 2.0% | 0.9% | −4.8% | 0.3% | 1.2% | 2.6% | 0.6% | 0.0% |
| Net margin | 1.1% | −0.6% | −12.3% | −16.1% | 1.7% | 0.5% | −2.7% | 0.1% | 0.4% | 2.5% | 0.9% | 0.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KELYA's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KELYA financial results
In fiscal year 2025 (ended December 31, 2025), Kelly Services reported revenue of $4.3 billion, down 1.9% from the year before. It had a net loss of $254.1 million, a net profit margin of −6.0%. Diluted earnings per share came to $1.27. Over five years revenue grew at an average rate of −1.2% a year.
See the KELYA stock overview for the latest quote and news, or the KELYA chart for price history and technical indicators.
KELYA income statement FAQ
What is Kelly Services's annual revenue?
Kelly Services reported total revenue of $4.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.9% from $4.3 billion the previous year.
Is Kelly Services profitable?
No. Kelly Services reported a net loss of $254.1 million in fiscal 2025, a net profit margin of −6.0%; its operating margin was −1.6%.
What is Kelly Services's gross margin?
Kelly Services's gross margin was 20.1% in fiscal 2025: for every $100 of revenue, Kelly Services kept $20 after the direct cost of its products and services.
How fast is Kelly Services growing?
Revenue grew −1.2% a year on average over the last five fiscal years, from $4.5 billion to $4.3 billion.
What are Kelly Services's earnings per share?
Kelly Services earned $1.27 per diluted share in fiscal 2025, compared with $2.30 a year earlier.
When will Kelly Services report its next earnings?
Kelly Services is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Kelly Services's fiscal year end?
Kelly Services's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.