Filing Flows › Kelly Services (KELYA) › Q3 2025
Kelly Services (KELYA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Kelly Services (KELYA) reported revenue of $935M for the third quarter 2025 (Q3 2025), -10% from a year earlier and -15% from the quarter before. Operating margin was -10.9%, net loss $150M (16.1% of revenue).
Kelly Services, Q3 2025: revenue $935M (-10% year over year), operating margin -10.9%, net loss $150M, operating cash flow −$25.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $935M | -15% | -10% |
| Operating profit | −$102M | -560% | — |
| Net earnings | −$150M | -890% | — |
| Operating cash flow | −$25.3M | -127% | — |
What changed
Revenue was $935.0M in Q3 2025, down 10% year over year and down 15% from the previous quarter.
Gross margin was 20.7%, down 0.6 points from a year earlier. Operating costs exceeded revenue by $102.1M, an operating margin of -10.9%. Operating expenses grew 35% against a revenue fall of 10%. The quarter ended with a net loss of $150.1M, after a profit of $19.0M the previous quarter.
Operating cash flow was −$25.3M. Non-cash charges added back $10.5M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $111.7M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$27.6M.
Questions
What was Kelly Services' revenue in the third quarter 2025?
Kelly Services (KELYA) reported revenue of $935M for the third quarter 2025 (Q3 2025), -10% from a year earlier and -15% from the quarter before.
Was Kelly Services profitable in the third quarter 2025?
Operating loss was $102M (-10.9% of revenue) and net loss $150M.
Source: Kelly Services 10-Q on SEC EDGAR.