---
schema_version: "secwatch.filing_event.v1"
accession: "0000055135-25-000079"
form_type: "8-K"
ticker: "KELYA"
cik: "0000055135"
company_name: "KELLY SERVICES INC"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-17T00:04:31.743844+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kelly Services Q3 revenue down 9.9% to $935M; operating loss of $102M on $102M goodwill impairment

## Summary
- Q3 revenue $935.0M, down 9.9% YoY; underlying revenue down ~2% excluding discrete gov't & customer impacts.
- Operating loss of $102.1M includes $102.0M non-cash goodwill impairment in SET segment.
- Adjusted EPS $0.18 vs $0.21 YoY; adjusted EBITDA margin fell 70 bps to 1.8%.
- Income tax expense $46.4M includes $69.7M valuation allowance on work opportunity credit carryforwards.
- CEO cites sluggish labor market; co. plans active Class A share repurchases in Q4.

## SEC filing metadata
- accession: 0000055135-25-000079
- form_type: 8-K
- ticker: KELYA
- cik: 0000055135
- company_name: KELLY SERVICES INC
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/0000055135-25-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/kelya-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055135-25-000079
- JSON: https://secwatch.observer/filing/0000055135-25-000079.json
- Plain text: https://secwatch.observer/filing/0000055135-25-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.