Kelly Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	4,251	4,332	4,836	4,965	4,910
Revenue Growth (YoY)	-1.87%	-10.42%	-2.61%	1.13%	8.72%
Cost of Revenue	3,398	3,449	3,874	3,954	3,991
Gross Profit	853	882.6	961.4	1,012	919.2
Selling, General & Admin	768	785	875.2	922.4	853.6
Amortization of Goodwill & Intangibles	30.1	27.3	20.9	19.4	13
Operating Expenses	798.1	812.3	896.1	941.8	866.6
Operating Income	54.9	70.3	65.3	70	52.6
Interest Expense	-12.4	-10.9	-3.2	-2.1	-2.5
Interest & Investment Income	3.7	6.8	6.7	2.3	2.9
Earnings From Equity Investments	-	-	-	0.8	5.4
Currency Exchange Gain (Loss)	-	-	-	-15.6	-1
Other Non Operating Income (Expenses)	-0.3	-1.3	-4.9	-3.4	-1.6
EBT Excluding Unusual Items	45.9	64.9	63.9	52	55.8
Merger & Restructuring Charges	-27.8	-14.7	-38.6	-1.7	-4
Impairment of Goodwill	-102	-72.8	-	-41	-
Gain (Loss) on Sale of Investments	-	3.8	2	-67.2	120.4
Gain (Loss) on Sale of Assets	5.1	7	-	-12.5	-
Asset Writedown	-	-13.5	-2.4	-	-
Other Unusual Items	-	3.4	-	-	-
Pretax Income	-78.8	-21.9	24.9	-70.4	191.2
Income Tax Expense	175.3	-21.3	-11.5	-7.9	35.1
Net Income	-254.1	-0.6	36.4	-62.5	156.1
Preferred Dividends & Other Adjustments	-	-	0.7	-	1.4
Net Income to Common	-254.1	-0.6	35.7	-62.5	154.7
Shares Outstanding (Basic)	35	36	36	38	39
Shares Outstanding (Diluted)	35	36	36	38	40
Shares Change (YoY)	-1.13%	-2.20%	-4.72%	-3.54%	0.51%
EPS (Basic)	-7.24	-0.02	0.99	-1.64	3.93
EPS (Diluted)	-7.24	-0.02	0.98	-1.64	3.91
Free Cash Flow	114.1	15.8	61.4	-88.3	73.8
Free Cash Flow Per Share	3.25	0.45	1.69	-2.32	1.87
Dividend Per Share	0.300	0.300	0.300	0.275	0.100
Dividend Growth	-	-	9.09%	175.00%	33.33%
Gross Margin	20.07%	20.38%	19.88%	20.38%	18.72%
Operating Margin	1.29%	1.62%	1.35%	1.41%	1.07%
Profit Margin	-5.98%	-0.01%	0.74%	-1.26%	3.15%
Free Cash Flow Margin	2.68%	0.36%	1.27%	-1.78%	1.50%
EBITDA	97.3	110.5	99.2	103.4	82.4
EBITDA Margin	2.29%	2.55%	2.05%	2.08%	1.68%
D&A For EBITDA	42.4	40.2	33.9	33.4	29.8
EBIT	54.9	70.3	65.3	70	52.6
EBIT Margin	1.29%	1.62%	1.35%	1.41%	1.07%
Effective Tax Rate	-	-	-	-	18.36%
Advertising Expenses	6.5	9.6	7.8	6.4	7.5

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q