Quarterly ResultAug 6, 2026, 02:14 PM
KELLY SERVICES Q2 Revenue $1.04B, Net Earnings $11.4M
AI Summary
KELLY SERVICES INC reported a decline in its second quarter and year-to-date 2026 financial results. Revenue from services for Q2 2026 decreased to $1,038.2 million from $1,101.8 million in the prior year, with net earnings falling to $11.4 million from $19.0 million. Year-to-date figures also showed a significant drop in net earnings to $5.5 million from $24.8 million. The company continued its integration and realignment efforts, incurring related costs, and extended its Securitization Facility.
Key Highlights
- Q2 2026 revenue from services was $1,038.2 million, a decrease from $1,101.8 million in Q2 2025.
- Q2 2026 net earnings were $11.4 million, down from $19.0 million in Q2 2025.
- Q2 2026 basic earnings per share were $0.31, compared to $0.52 in Q2 2025.
- Year-to-date 2026 revenue from services was $2,078.9 million, down from $2,266.7 million in YTD 2025.
- Year-to-date 2026 net earnings were $5.5 million, a significant drop from $24.8 million in YTD 2025.
- Securitization Facility extended to June 22, 2028, with $78.1 million in long-term borrowings.
- Integration and realignment costs totaled $2.9 million in Q2 2026 and $7.6 million year-to-date 2026.
- $30.0 million remained available under the Class A share repurchase program as of Q2 2026.
Price Impact
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