Kelly Services Q1 revenue $1.0B, down 10.7% YoY; operating loss $5.1M; sees H2 growth

KELLY SERVICES INC

2026-Q1 EPS reported -$0.17 vs consensus $0.08 ▼ miss (-325.2%)

Revenue $1.0B, down 10.7% YoY; underlying revenue (ex-discrete items) down ~3.3%, improved 60 bps from Q4 2025.
Operating loss $5.1M vs income $10.8M in Q1 2025; adjusted operating earnings $4.1M.
Adjusted EBITDA $15.8M, margin 1.5%, down 150 bps YoY; third consecutive quarter of ~10%+ SG&A reduction.
EPS loss $0.17 vs EPS $0.16 prior year; adjusted EPS $0.03 vs $0.39.
Affirms expectation of improved YoY performance each quarter in 2026, return to organic revenue growth and margin expansion in H2 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KELLY SERVICES INC reported the three months ended March 29, 2026 results: revenue $1.0 billion, net income loss per share was $0.17, EPS $0.17.

Period: the three months ended March 29, 2026
Revenue: $1.0 billion
Net income: loss per share was $0.17
EPS: $0.17
Result: reported results

Exact text from the filing

TROY, Mich. (May 7, 2026) – Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced results for the first quarter of 2026. • Q1 revenue of $1.0 billion, reflects notable improvement in the year-over-year performance versus the prior quarter driven by strength in the ETM segment, down 10.7% year-over-year; underlying revenue

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4 earnings releases filed in the last 30 days. Browse all earnings releases →

KELLY SERVICES INC filing history →

Source: SEC EDGAR

accession 0000055135-26-000114

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