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Filing Flows › ManpowerGroup (MAN) › Q2 2026 › vs Q1 2026

ManpowerGroup (MAN) Q2 2026 vs Q1 2026 (quarter over quarter)

ManpowerGroup's revenue rose $350M (+8%) from $4.5B in Q1 2026 to $4.9B in Q2 2026. Gross margin 16.1% against 16.0% (+0.0 pts).

ManpowerGroup, Q2 2026: revenue $4.9B (+8% year over year), operating margin 2.3%, net earnings $53.5M, operating cash flow −$2.7M. The chart draws each line against Q1 2026, the increases inside each band.

ManpowerGroup: what changed, Q2 2026 vs Q1 2026ManpowerGroup: what changed, Q2 2026 vs Q1 2026Cost of revenue$292MCash used in operations−$124MOperating profit$83.7MPre-tax earnings$77.0MOperating cash sources−$69.7MWorking capital & other−$69.7MGross profit$57.3MNet earnings$51.0MOperating expenses−$26.4MIncome tax$26.0M

Margins

Q2 2026Q1 2026Change
Gross margin16.1%16.0%+0.0 pts
Operating margin2.3%0.6%+1.7 pts
Net margin1.1%0.1%+1.0 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$4.9B$4.5B$350M+8%
Gross profit$780M$723M$57.3M+8%
Cost of revenue$4.1B$3.8B$292M+8%
Operating profit$112M$28.3M$83.7M+296%
Operating expenses$668M$695M−$26.4M-4%
Pre-tax earnings$92.4M$15.4M$77.0M+500%
Other expense, net$19.6M$12.9M$6.7M+52%
Net earnings$53.5M$2.5M$51.0M21×
Income tax$38.9M$12.9M$26.0M+202%
Operating cash sources$85.3M$155M−$69.7M-45%
Depreciation & amortization$21.5M$20.2M$1.3M+6%
Share-based compensation$7.6M$6.0M$1.6M+27%
Cash used in operations$2.7M$126M−$124M-98%
Working capital & other$85.3M$155M−$69.7M-45%

Questions

How much did ManpowerGroup's revenue grow quarter over quarter in Q2 2026?

ManpowerGroup's revenue rose $350M (+8%) from $4.5B in Q1 2026 to $4.9B in Q2 2026. Gross margin 16.1% against 16.0% (+0.0 pts).

Q2 2026 results → · Compare in the interactive Sankey →