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Kelly Services (KELYA) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Kelly Services (KELYA) reported revenue of $927M for the third quarter 2026 (Q3 2026), -0.8% from a year earlier and -11% from the quarter before. Operating margin was 0.1%, net loss $1.7M (0.2% of revenue).

Revenue$927M
Year over year-0.8%
Quarter over quarter-11%
Operating margin0.1%
Net earnings−$1.7M

Kelly Services, Q3 2026: revenue $927M (-0.8% year over year), operating margin 0.1%, net loss $1.7M, operating cash flow −$54.5M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$927M-11%-0.8%
Operating profit$600K-96%—
Net earnings−$1.7M-115%—
Operating cash flow−$54.5M-211%—

What changed

Revenue was $927.2M in Q3 2026, down 1% year over year and down 11% from the previous quarter.

Gross margin was 21.0%, up 0.2 points from Q3 2025. Operating profit was $600K, a 0.1% margin (up 11.0 points year over year). Operating expenses fell 35% while revenue fell 1%. The quarter ended with a net loss of $1.7M, after a profit of $11.4M the previous quarter. Net interest and other expense of $1.1M was the main reason.

Operating cash flow was −$54.5M. Non-cash charges added back $13.6M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $69.7M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$56.2M.

Questions

What was Kelly Services' revenue in the third quarter 2026?

Kelly Services (KELYA) reported revenue of $927M for the third quarter 2026 (Q3 2026), -0.8% from a year earlier and -11% from the quarter before.

Was Kelly Services profitable in the third quarter 2026?

Operating profit was $600K (0.1% of revenue) and net loss $1.7M.

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Source: Kelly Services 10-Q on SEC EDGAR.