StockWatch
·
Professional Services
Quarterly ResultAug 6, 2026, 07:41 AM

Kelly Q2 Revenue $1.0B, Adjusted EBITDA Margin 3.0%; FY26 Outlook Raised

AI Summary

Kelly Services reported Q2 2026 revenue of $1.0 billion, a 5.8% decrease year-over-year, with underlying revenue decline improving significantly. Adjusted EBITDA margin reached 3.0%, improving 110 basis points sequentially. The company increased its fiscal 2026 revenue outlook to a low-to-mid-single digit decline and affirmed its adjusted EBITDA margin growth expectation. A quarterly dividend of $0.075 per share was also declared.

Key Highlights

  • Q2 2026 revenue was $1.0 billion, a 5.8% decrease year-over-year.
  • Underlying revenue decline improved 270 bps versus prior quarter to 0.6%.
  • Q2 adjusted EBITDA was $31.1 million, with an adjusted EBITDA margin of 3.0%.
  • Q2 diluted earnings per share was $0.31; adjusted diluted EPS was $0.37.
  • Fiscal 2026 revenue outlook improved to a low-to-mid-single digit decline.
  • Fiscal 2026 adjusted EBITDA margin expected to improve 10-20 bps year-over-year.
  • Board declared a quarterly dividend of $0.075 per share.