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How ManpowerGroup (MAN) makes money

ManpowerGroup (MAN) made $4.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 16¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.

Drawing the Sankey…

ManpowerGroup revenue by quarterManpowerGroup revenue by quarter$4.1BQ1 2025$4.5BQ2 2025$4.6BQ3 2025$4.7BQ4 2025$4.5BQ1 2026$4.9BQ2 2026$4.8BQ3 2026
ManpowerGroup: where each dollar of revenue goesManpowerGroup: where each dollar of revenue goesCost of revenue84¢Gross profit16¢Operating expenses14¢Operating profit2¢Income tax1¢Net earnings1¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$4.8B100.0%
Cost of revenue$4.1B84.1%
Gross profit$767M15.9%
Operating expenses$685M14.2%
Operating profit$82.3M1.7%
Income tax$33.9M0.7%
Net earnings$34.1M0.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$4.8B+4%
Q2 2026$4.9B+8%
Q1 2026$4.5B+10%
Q4 2025$4.7B+7%
Q3 2025$4.6B+2%
Q2 2025$4.5B0%
Q1 2025$4.1B-7%

From ManpowerGroup's 10-Q filed Oct 30, 2026 (on EDGAR).

Questions

How does ManpowerGroup make money?

ManpowerGroup (MAN) made $4.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 16¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.

What is ManpowerGroup's profit margin?

Net earnings were $34.1M, 0.7% of revenue, in the third quarter 2026; the operating margin was 1.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.