Kelly Svcs Inc Financials
This page shows Kelly Svcs Inc (KELYB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation is being driven more by working-capital release than by operating profitability as volumes soften.
In the latest year, operating cash flow jumped to$122.6M from$26.9M even as revenue kept slipping and the operating loss widened, so the cash improvement came from balance-sheet release rather than a stronger core margin engine. The clue is receivables running down, which turns prior sales into cash and helped fund debt reduction without rebuilding the cash balance.
Gross margin stayed around
Liquidity looks adequate on paper with a current ratio above 1.5x, but only
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Kelly Svcs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Kelly Svcs Inc has an operating margin of -1.6%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 26/100, suggesting thin profitability after operating expenses. This is down from -0.4% the prior year.
Kelly Svcs Inc's revenue declined 1.9% year-over-year, from $4.3B to $4.3B. This contraction results in a growth score of 15/100.
Kelly Svcs Inc carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.
Kelly Svcs Inc's current ratio of 1.54 indicates adequate short-term liquidity, earning a score of 42/100. The company can meet its near-term obligations, though with limited headroom.
Kelly Svcs Inc has a free cash flow margin of 2.7%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
Kelly Svcs Inc generates a -0.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is up from -0.1% the prior year.
Kelly Svcs Inc scores 3.00, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Kelly Svcs Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Kelly Svcs Inc generates $-204.33 in operating cash flow ($122.6M OCF vs -$600K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Kelly Svcs Inc earns $-5.6 in operating income for every $1 of interest expense (-$69.8M vs $12.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Kelly Svcs Inc generated $4.3B in revenue in fiscal year 2025. This represents a decrease of 1.9% from the prior year.
Kelly Svcs Inc's EBITDA was -$27.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 209.2% from the prior year.
Kelly Svcs Inc reported -$600K in net income in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Kelly Svcs Inc earned $-7.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 36100.0% from the prior year.
Cash & Balance Sheet
Kelly Svcs Inc generated $114.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 622.2% from the prior year.
Kelly Svcs Inc held $33.0M in cash against $101.9M in long-term debt as of fiscal year 2025.
Margins & Returns
Kelly Svcs Inc's gross margin was 20.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.
Kelly Svcs Inc's operating margin was -1.6% in fiscal year 2025, reflecting core business profitability. This is down 1.3 percentage points from the prior year.
Kelly Svcs Inc's net profit margin was -0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.0 percentage points from the prior year.
Kelly Svcs Inc's ROE was -0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.0 percentage points from the prior year.
Capital Allocation
Kelly Svcs Inc invested $8.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.4% from the prior year.
KELYB Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B-0.8% | $1.0B+12.2% | $935.0M-15.1% | $1.1B-5.4% | $1.2B-2.2% | $1.2B+14.7% | $1.0B-1.8% | $1.1B |
| Cost of Revenue | $844.3M-0.9% | $852.2M+15.0% | $741.0M-15.4% | $876.3M-5.6% | $928.4M-2.2% | $949.6M+16.3% | $816.4M-3.2% | $843.8M |
| Gross Profit | $196.4M-0.3% | $197.0M+1.5% | $194.0M-14.0% | $225.5M-4.7% | $236.5M-2.1% | $241.5M+8.9% | $221.7M+3.7% | $213.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $199.3M+0.4% | $198.5M+2.1% | $194.4M-6.2% | $207.3M-8.2% | $225.7M+3.8% | $217.4M-0.7% | $219.0M+14.4% | $191.5M |
| Operating Income | -$5.1M-628.6% | -$700K+99.3% | -$102.1M-559.9% | $22.2M+105.6% | $10.8M+119.0% | -$56.7M-2280.8% | $2.6M-78.7% | $12.2M |
| Interest Expense | $2.0M-20.0% | $2.5M+4.2% | $2.4M-31.4% | $3.5M-12.5% | $4.0M+5.3% | $3.8M-15.6% | $4.5M+114.3% | $2.1M |
| Income Tax | -$800K-100.6% | $126.2M+172.0% | $46.4M+5055.6% | $900K-50.0% | $1.8M+107.6% | -$23.8M-815.4% | -$2.6M-336.4% | $1.1M |
| Net Income | -$5.9M-104.7% | $124.7M+183.1% | -$150.1M-890.0% | $19.0M+227.6% | $5.8M+118.2% | -$31.8M-4075.0% | $800K-82.6% | $4.6M |
| EPS (Diluted) | $-0.17 | N/A | $-4.26-919.2% | $0.52+225.0% | $0.16 | N/A | $0.02-83.3% | $0.12 |
KELYB Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+0.2% | $2.3B-6.0% | $2.4B-4.7% | $2.5B-3.2% | $2.6B-1.4% | $2.6B-2.1% | $2.7B+2.3% | $2.6B |
| Current Assets | $1.3B+2.4% | $1.3B-0.9% | $1.3B+2.1% | $1.3B-7.2% | $1.4B-1.1% | $1.4B+0.6% | $1.4B+3.6% | $1.3B |
| Cash & Equivalents | $25.6M-22.4% | $33.0M+9.6% | $30.1M+67.2% | $18.0M-36.2% | $28.2M-27.7% | $39.0M+18.9% | $32.8M-14.1% | $38.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.2B+2.3% | $1.2B-0.6% | $1.2B+1.2% | $1.2B-5.6% | $1.3B-0.4% | $1.3B+0.6% | $1.2B+4.6% | $1.2B |
| Goodwill | $202.1M0.0% | $202.1M0.0% | $202.1M-33.5% | $304.1M0.0% | $304.1M0.0% | $304.2M-18.7% | $374.0M+0.4% | $372.6M |
| Total Liabilities | $1.3B+1.0% | $1.3B-0.3% | $1.3B+2.6% | $1.2B-8.0% | $1.4B-3.1% | $1.4B-0.7% | $1.4B+4.4% | $1.3B |
| Current Liabilities | $818.6M-0.4% | $821.8M+1.9% | $806.5M-2.4% | $826.7M+0.5% | $822.9M-0.4% | $826.5M-1.7% | $841.0M+3.5% | $812.3M |
| Long-Term Debt | $130.5M+28.1% | $101.9M-13.9% | $118.4M+59.4% | $74.3M-63.7% | $204.6M-14.5% | $239.4M+4.9% | $228.2M+8.5% | $210.4M |
| Total Equity | $968.5M-0.8% | $976.5M-12.4% | $1.1B-11.9% | $1.3B+2.1% | $1.2B+0.5% | $1.2B-3.7% | $1.3B+0.2% | $1.3B |
| Retained Earnings | $956.5M-0.9% | $965.1M-12.0% | $1.1B-12.2% | $1.2B+1.3% | $1.2B+0.2% | $1.2B-2.7% | $1.3B-0.2% | $1.3B |
KELYB Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$25.4M-188.8% | $28.6M+213.0% | -$25.3M-126.5% | $95.4M+299.2% | $23.9M+59.3% | $15.0M+173.9% | -$20.3M-135.2% | $57.7M |
| Capital Expenditures | $1.1M-35.3% | $1.7M-26.1% | $2.3M+15.0% | $2.0M-20.0% | $2.5M+25.0% | $2.0M-16.7% | $2.4M-20.0% | $3.0M |
| Free Cash Flow | -$26.5M-198.5% | $26.9M+197.5% | -$27.6M-129.6% | $93.4M+336.4% | $21.4M+64.6% | $13.0M+157.3% | -$22.7M-141.5% | $54.7M |
| Investing Cash Flow | -$1.2M-400.0% | $400K+114.3% | -$2.8M-113.0% | $21.5M+571.9% | $3.2M+152.5% | -$6.1M-154.2% | -$2.4M+99.4% | -$425.2M |
| Financing Cash Flow | $24.2M+181.5% | -$29.7M-171.9% | $41.3M+131.0% | -$133.2M-237.2% | -$39.5M-1480.0% | -$2.5M-115.9% | $15.7M-92.4% | $206.3M |
| Dividends Paid | $2.7M0.0% | $2.7M-3.6% | $2.8M+3.7% | $2.7M-3.6% | $2.8M+3.7% | $2.7M-3.6% | $2.8M+3.7% | $2.7M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
KELYB Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.9%+0.1pp | 18.8%-2.0pp | 20.8%+0.3pp | 20.5%+0.2pp | 20.3%+0.0pp | 20.3%-1.1pp | 21.4%+1.2pp | 20.2% |
| Operating Margin | -0.5%-0.4pp | -0.1%+10.8pp | -10.9%-12.9pp | 2.0%+1.1pp | 0.9%+5.7pp | -4.8%-5.0pp | 0.3%-0.9pp | 1.1% |
| Net Margin | -0.6%-12.5pp | 11.9%+27.9pp | -16.1%-17.8pp | 1.7%+1.2pp | 0.5%+3.2pp | -2.7%-2.8pp | 0.1%-0.4pp | 0.4% |
| Return on Equity | -0.6%-13.4pp | 12.8%+26.2pp | -13.5%-15.0pp | 1.5%+1.0pp | 0.5%+3.0pp | -2.6%-2.6pp | 0.1%-0.3pp | 0.4% |
| Return on Assets | -0.3%-5.8pp | 5.5%+11.8pp | -6.3%-7.0pp | 0.8%+0.5pp | 0.2%+1.4pp | -1.2%-1.2pp | 0.0%-0.1pp | 0.2% |
| Current Ratio | 1.59+0.0 | 1.54-0.0 | 1.59+0.1 | 1.52-0.1 | 1.64-0.0 | 1.65+0.0 | 1.610.0 | 1.61 |
| Debt-to-Equity | 0.13+0.0 | 0.100.0 | 0.11+0.0 | 0.06-0.1 | 0.16-0.0 | 0.19+0.0 | 0.18+0.0 | 0.16 |
| FCF Margin | -2.5%-5.1pp | 2.6%+5.5pp | -2.9%-11.4pp | 8.5%+6.6pp | 1.8%+0.8pp | 1.1%+3.3pp | -2.2%-7.4pp | 5.2% |
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Frequently Asked Questions
What is Kelly Svcs Inc's annual revenue?
Kelly Svcs Inc (KELYB) reported $4.3B in total revenue for fiscal year 2025. This represents a -1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kelly Svcs Inc's revenue growing?
Kelly Svcs Inc (KELYB) revenue declined by 1.9% year-over-year, from $4.3B to $4.3B in fiscal year 2025.
Is Kelly Svcs Inc profitable?
No, Kelly Svcs Inc (KELYB) reported a net income of -$600K in fiscal year 2025, with a net profit margin of -0.0%.
What is Kelly Svcs Inc's EBITDA?
Kelly Svcs Inc (KELYB) had EBITDA of -$27.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Kelly Svcs Inc have?
As of fiscal year 2025, Kelly Svcs Inc (KELYB) had $33.0M in cash and equivalents against $101.9M in long-term debt.
What is Kelly Svcs Inc's gross margin?
Kelly Svcs Inc (KELYB) had a gross margin of 20.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kelly Svcs Inc's operating margin?
Kelly Svcs Inc (KELYB) had an operating margin of -1.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Kelly Svcs Inc's net profit margin?
Kelly Svcs Inc (KELYB) had a net profit margin of -0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Kelly Svcs Inc's return on equity (ROE)?
Kelly Svcs Inc (KELYB) has a return on equity of -0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Kelly Svcs Inc's free cash flow?
Kelly Svcs Inc (KELYB) generated $114.1M in free cash flow during fiscal year 2025. This represents a 622.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kelly Svcs Inc's operating cash flow?
Kelly Svcs Inc (KELYB) generated $122.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Kelly Svcs Inc's total assets?
Kelly Svcs Inc (KELYB) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Kelly Svcs Inc's capital expenditures?
Kelly Svcs Inc (KELYB) invested $8.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Kelly Svcs Inc's current ratio?
Kelly Svcs Inc (KELYB) had a current ratio of 1.54 as of fiscal year 2025, which is generally considered healthy.
What is Kelly Svcs Inc's debt-to-equity ratio?
Kelly Svcs Inc (KELYB) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kelly Svcs Inc's return on assets (ROA)?
Kelly Svcs Inc (KELYB) had a return on assets of -0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Kelly Svcs Inc's Altman Z-Score?
Kelly Svcs Inc (KELYB) has an Altman Z-Score of 3.00, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kelly Svcs Inc's Piotroski F-Score?
Kelly Svcs Inc (KELYB) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kelly Svcs Inc's earnings high quality?
Kelly Svcs Inc (KELYB) has an earnings quality ratio of -204.33x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kelly Svcs Inc cover its interest payments?
Kelly Svcs Inc (KELYB) has an interest coverage ratio of -5.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Kelly Svcs Inc?
Kelly Svcs Inc (KELYB) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.