Filing Flows › Kelly Services (KELYA) › Q2 2026 › vs Q2 2025
Kelly Services (KELYA) Q2 2026 vs Q2 2025 (year over year)
Kelly Services's revenue fell $63.6M (-6%) from $1.1B in Q2 2025 to $1.0B in Q2 2026. Gross margin 20.4% against 20.5% (-0.0 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 20.4% | 20.5% | -0.0 pts |
| Operating margin | 1.6% | 2.0% | -0.5 pts |
| Net margin | 1.1% | 1.7% | -0.6 pts |
| Free cash flow margin | 4.6% | 8.5% | -3.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | −$63.6M | -6% |
| Gross profit | $212M | $226M | −$13.5M | -6% |
| Cost of revenue | $826M | $876M | −$50.1M | -6% |
| Operating profit | $16.1M | $22.2M | −$6.1M | -27% |
| Operating expenses | $196M | $203M | −$7.4M | -4% |
| Pre-tax earnings | $14.4M | $19.9M | −$5.5M | -28% |
| Net earnings | $11.4M | $19.0M | −$7.6M | -40% |
| Income tax | $3.0M | $900K | $2.1M | +233% |
| Depreciation & amortization | $9.8M | $10.5M | −$700K | -7% |
| Share-based compensation | $3.4M | $3.5M | −$100K | -3% |
| Working capital & other | $24.6M | $62.4M | −$37.8M | -61% |
| Operating cash flow | $49.2M | $95.4M | −$46.2M | -48% |
| Free cash flow (OCF − capex) | $47.7M | $93.4M | −$45.7M | -49% |
| Capital expenditures | $1.5M | $2.0M | −$500K | -25% |
Questions
How much did Kelly Services's revenue grow year over year in Q2 2026?
Kelly Services's revenue fell $63.6M (-6%) from $1.1B in Q2 2025 to $1.0B in Q2 2026. Gross margin 20.4% against 20.5% (-0.0 pts).