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ManpowerGroup (MAN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 30, 2026

ManpowerGroup (MAN) reported revenue of $4.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -0.4% from the quarter before. Operating margin was 1.7%, net earnings $34.1M (0.7% of revenue).

Revenue$4.8B
Year over year+4%
Quarter over quarter-0.4%
Operating margin1.7%
Net earnings$34.1M

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 follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$4.8B-0.4%+4%
Gross profit$767M-2%-0.2%
Operating profit$82.3M-27%+24%
Net earnings$34.1M-36%+89%
Operating cash flow−$8.0M—-113%

What changed

Revenue was $4.8B in Q3 2026, up 4% year over year and roughly flat from the previous quarter.

Gross margin was 15.9%, down 0.7 points from Q3 2025. Operating profit was $0.08B, a 1.7% margin (up 0.3 points year over year). Of the extra revenue versus Q3 2025, 8% reached operating profit, above the 1% margin then. Operating expenses fell 2% while revenue rose 4%. Net earnings were $0.03B, up 89% year over year. The effective tax rate was 49.9%.

Operating cash flow was −$0.01B. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.02B.

Questions

What was ManpowerGroup's revenue in the third quarter 2026?

ManpowerGroup (MAN) reported revenue of $4.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -0.4% from the quarter before.

Was ManpowerGroup profitable in the third quarter 2026?

Operating profit was $82.3M (1.7% of revenue) and net earnings $34.1M.

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Source: ManpowerGroup 10-Q on SEC EDGAR.