StockWatch
·
Professional Services
Quarterly ResultAug 7, 2026, 05:28 PM

ManpowerGroup Q2 Revenue +7.5% to $4.86B; Returns to Profit with EPS $1.13

AI Summary

ManpowerGroup Inc. reported a significant turnaround in its second quarter 2026 financial results, with revenues increasing by 7.5% year-over-year to $4.86 billion. The company returned to profitability, posting net earnings of $53.5 million, or $1.13 diluted earnings per share, compared to a net loss in the prior year. Strategic actions included the divestment of its Jefferson Wells U.S. business for $100 million, generating a $30 million gain, and ongoing restructuring efforts.

Key Highlights

  • Q2 2026 Revenues from services increased 7.5% to $4,860.2 million.
  • Q2 2026 Net earnings were $53.5 million, compared to a net loss of $(67.1) million in Q2 2025.
  • Q2 2026 Diluted EPS was $1.13, a significant improvement from $(1.44) in Q2 2025.
  • Sold Jefferson Wells U.S. business for $100 million, recognizing a $30 million gain.
  • Americas segment revenue increased to $1,212.3 million in Q2 2026.
  • Southern Europe segment revenue increased to $2,308.7 million in Q2 2026.
  • Restructuring costs totaled $22.6 million for the six months ended June 30, 2026.
  • Cash and cash equivalents decreased to $180.6 million from $871.0 million at year-end 2025.