Filing Flows › Kelly Services (KELYA) › Q2 2025
Kelly Services (KELYA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Kelly Services (KELYA) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +4% from a year earlier and -5% from the quarter before. Operating margin was 2.0%, net earnings $19.0M (1.7% of revenue).
Kelly Services, Q2 2025: revenue $1.1B (+4% year over year), operating margin 2.0%, net earnings $19.0M, operating cash flow $95.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -5% | +4% |
| Gross profit | $226M | -5% | +6% |
| Operating profit | $22.2M | +106% | +82% |
| Net earnings | $19.0M | +228% | +313% |
| Operating cash flow | $95.4M | +299% | +65% |
| Free cash flow | $93.4M | +336% | +71% |
What changed
Revenue was $1.1B in Q2 2025, up 4% year over year and down 5% from the previous quarter.
Gross margin was 20.5%, up 0.3 points from a year earlier. Operating profit was $0.02B, a 2.0% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 1% margin then. Operating expenses grew 1% against revenue growth of 4%. Net earnings were $0.02B, up 313% year over year. The effective tax rate was 4.5%.
Operating cash flow was $0.10B (up 65% year over year), 502% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $2.0M left free cash flow of $0.09B.
Questions
What was Kelly Services' revenue in the second quarter 2025?
Kelly Services (KELYA) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +4% from a year earlier and -5% from the quarter before.
Was Kelly Services profitable in the second quarter 2025?
Operating profit was $22.2M (2.0% of revenue) and net earnings $19.0M.
Source: Kelly Services 10-Q on SEC EDGAR.