KELYA
Kelly Services, Inc.8.90
-0.08-0.89%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
314.52MP/E (TTM)
-Basic EPS (TTM)
-4.44Dividend Yield
0.03%Recent Filings
8-K
8-K
10-Q
8-K
Kelly's Q2 revenue up, EBITDA down
Kelly Services reported Q2 2025 revenue of $1.1 billion, up 4.2% year-over-year from the MRP acquisition, yet down 3.3% organically amid federal contractor weakness; adjusted EBITDA fell 8.7% to $37.0 million with margins slipping 40 bps to 3.4%. Education and SET segments grew 5.6% and 19.4%, respectively, while ETM dipped 3.9%. Q3 revenue will decline 5-7%, but margins expand 80-90 bps. The firm appointed Nick Zuhlke as Chief Accounting Officer effective August 11, succeeding retiree Laura Lockhart.
10-Q
Q2 FY2025 results
Kelly Services posted solid Q2 results, with revenue climbing 4.2% year-over-year to $1,101.8 million, fueled by the MRP acquisition, while organic figures dipped 3.3% amid softer demand in staffing and outcome-based services. Gross profit rose 5.5% to $225.5 million, lifting the margin to 20.5% from 20.2%, thanks to MRP's higher-margin mix, though permanent placement fees fell. Operating income jumped 81% to $22.2 million, boosted by a $4.0 million gain on settling EMEA staffing sale adjustments, yet integration costs hit $6.1 million. Diluted EPS held steady at $0.52, aligning with 35.7 million shares. Cash from operations surged to $119.3 million year-to-date, enabling debt reduction to $74.3 million from $239.4 million, with $283.1 million in total availability across facilities. MRP integration advances, blending tech stacks for efficiency. Litigation risks linger in wage and hour disputes.
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