Filing Flows › Kelly Services (KELYA) › Q2 2026 › vs Q1 2026
Kelly Services (KELYA) Q2 2026 vs Q1 2026 (quarter over quarter)
Kelly Services's revenue fell $2.5M (-0.2%) from $1.0B in Q1 2026 to $1.0B in Q2 2026. Gross margin 20.4% against 18.9% (+1.5 pts).
Kelly Services, Q2 2026: revenue $1.0B (-6% year over year), operating margin 1.6%, net earnings $11.4M, operating cash flow $49.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 20.4% | 18.9% | +1.5 pts |
| Operating margin | 1.6% | -0.5% | +2.0 pts |
| Net margin | 1.1% | -0.6% | +1.7 pts |
| Free cash flow margin | 4.6% | -2.5% | +7.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | −$2.5M | -0.2% |
| Gross profit | $212M | $196M | $15.6M | +8% |
| Cost of revenue | $826M | $844M | −$18.1M | -2% |
| Operating profit | $16.1M | −$5.1M | $21.2M | — |
| Operating expenses | $196M | $202M | −$5.6M | -3% |
| Pre-tax earnings | $14.4M | −$6.7M | $21.1M | — |
| Net earnings | $11.4M | −$5.9M | $17.3M | — |
| Income tax | $3.0M | −$800K | $3.8M | — |
| Depreciation & amortization | $9.8M | $9.9M | −$100K | -1% |
| Share-based compensation | $3.4M | $3.4M | $0 | 0% |
| Working capital & other | $24.6M | −$32.8M | $57.4M | — |
| Operating cash flow | $49.2M | −$25.4M | $74.6M | — |
| Free cash flow (OCF − capex) | $47.7M | −$26.5M | $74.2M | — |
| Capital expenditures | $1.5M | $1.1M | $400K | +36% |
Questions
How much did Kelly Services's revenue grow quarter over quarter in Q2 2026?
Kelly Services's revenue fell $2.5M (-0.2%) from $1.0B in Q1 2026 to $1.0B in Q2 2026. Gross margin 20.4% against 18.9% (+1.5 pts).