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Filing Flows › ManpowerGroup (MAN) › Q3 2026 › vs Q2 2026

ManpowerGroup (MAN) Q3 2026 vs Q2 2026 (quarter over quarter)

ManpowerGroup's revenue fell $20.2M (-0.4%) from $4.9B in Q2 2026 to $4.8B in Q3 2026. Gross margin 15.9% against 16.1% (-0.2 pts).

ManpowerGroup, Q3 2026: revenue $4.8B (+4% year over year), operating margin 1.7%, net earnings $34.1M, operating cash flow −$8.0M. The chart draws each line against Q2 2026, the increases inside each band.

ManpowerGroup: what changed, Q3 2026 vs Q2 2026ManpowerGroup: what changed, Q3 2026 vs Q2 2026Operating profit−$29.7MPre-tax earnings−$24.4MNet earnings−$19.4MOperating expenses$16.7MOperating cash sources−$15.5MWorking capital & other−$15.5MGross profit−$13.0MCost of revenue−$7.2MCash used in operations$5.3MIncome tax−$5.0M

Margins

Q3 2026Q2 2026Change
Gross margin15.9%16.1%-0.2 pts
Operating margin1.7%2.3%-0.6 pts
Net margin0.7%1.1%-0.4 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$4.8B$4.9B−$20.2M-0.4%
Gross profit$767M$780M−$13.0M-2%
Cost of revenue$4.1B$4.1B−$7.2M-0.2%
Operating profit$82.3M$112M−$29.7M-27%
Operating expenses$685M$668M$16.7M+2%
Pre-tax earnings$68.0M$92.4M−$24.4M-26%
Net earnings$34.1M$53.5M−$19.4M-36%
Income tax$33.9M$38.9M−$5.0M-13%
Operating cash sources$69.8M$85.3M−$15.5M-18%
Depreciation & amortization$20.4M$21.5M−$1.1M-5%
Share-based compensation$7.3M$7.6M−$300K-4%
Cash used in operations$8.0M$2.7M$5.3M+196%
Working capital & other$69.8M$85.3M−$15.5M-18%

Questions

How much did ManpowerGroup's revenue grow quarter over quarter in Q3 2026?

ManpowerGroup's revenue fell $20.2M (-0.4%) from $4.9B in Q2 2026 to $4.8B in Q3 2026. Gross margin 15.9% against 16.1% (-0.2 pts).

Q3 2026 results → · Compare in the interactive Sankey →