Filing Flows › Kelly Services (KELYA) › Q4 2025
Kelly Services (KELYA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Kelly Services (KELYA) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and +12% from the quarter before. Operating margin was -0.1%, net loss $129M (12.3% of revenue).
Kelly Services, Q4 2025: revenue $1.0B (-12% year over year), operating margin -0.1%, net loss $129M, operating cash flow $28.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +12% | -12% |
| Operating profit | −$700K | — | — |
| Net earnings | −$129M | — | — |
| Operating cash flow | $28.6M | — | +91% |
| Free cash flow | $26.9M | — | +107% |
What changed
Revenue was $1.0B in Q4 2025, down 12% year over year and up 12% from the previous quarter.
Gross margin was 18.8%, down 1.5 points from a year earlier. Operating costs exceeded revenue by $700K, an operating margin of -0.1%. Operating expenses fell 34% while revenue fell 12%. The quarter ended with a net loss of $0.13B, narrower than the previous quarter's $0.15B loss.
Operating cash flow was $0.03B (up 91% year over year). Non-cash charges added back $0.01B of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $1.7M left free cash flow of $0.03B.
Questions
What was Kelly Services' revenue in the fourth quarter 2025?
Kelly Services (KELYA) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and +12% from the quarter before.
Was Kelly Services profitable in the fourth quarter 2025?
Operating loss was $700K (-0.1% of revenue) and net loss $129M.
Source: Kelly Services 10-K on SEC EDGAR.