Filing Flows › Kelly Services (KELYA) › Q1 2026
Kelly Services (KELYA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Kelly Services (KELYA) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), -11% from a year earlier and -0.8% from the quarter before. Operating margin was -0.5%, net loss $5.9M (0.6% of revenue).
Kelly Services, Q1 2026: revenue $1.0B (-11% year over year), operating margin -0.5%, net loss $5.9M, operating cash flow −$25.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -0.8% | -11% |
| Operating profit | −$5.1M | — | -147% |
| Net earnings | −$5.9M | — | -202% |
| Operating cash flow | −$25.4M | -189% | -206% |
What changed
Revenue was $1.0B in Q1 2026, down 11% year over year and down 1% from the previous quarter.
Gross margin was 18.9%, down 1.4 points from Q1 2025. Operating costs exceeded revenue by $0.01B, an operating margin of -0.5%. Operating expenses fell 11% while revenue fell 11%. The quarter ended with a net loss of $0.01B, narrower than the previous quarter's $0.13B loss.
Operating cash flow was −$0.03B. Non-cash charges added back $0.01B of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Kelly Services' revenue in the first quarter 2026?
Kelly Services (KELYA) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), -11% from a year earlier and -0.8% from the quarter before.
Was Kelly Services profitable in the first quarter 2026?
Operating loss was $5.1M (-0.5% of revenue) and net loss $5.9M.
Source: Kelly Services 10-Q on SEC EDGAR.