Kelly Services filings document the company’s specialty talent solutions business, dual-class common stock structure, governance matters, and reported financial results. Its 8-K filings include results of operations and financial condition, earnings releases, conference-call materials, material agreements, security-holder rights modifications, and executive transition disclosures.
Proxy and related filings cover board governance, executive compensation, shareholder voting matters, and equity-related disclosures. Recent regulatory records also describe Kelly’s Class A and Class B common stock listed on Nasdaq, stockholder rights plan matters, capital allocation actions such as share repurchases and dividends, and risk and operating context tied to its Enterprise Talent Management, Science, Engineering, Technology & Telecom, and Education businesses.
Kelly Services, Inc. (KELYA) reported third-quarter revenue of $927.2 million, down 0.8% from $935.0 million, and a net loss of $1.7 million versus a $150.1 million loss in 2025. Gross profit was $194.4 million and gross margin was 21.0%, up from 20.8%. Enterprise Talent Management revenue grew 2.4%, while Science, Engineering & Technology declined 2.0% and Education declined 6.4%.
For the first 39 weeks of 2026, revenue was $3,006.1 million, down 6.1%, and gross profit was $602.8 million, down 8.1%; net earnings were $3.8 million versus a $125.3 million loss in 2025. Operating activities used $30.7 million of cash, versus $94.0 million generated in the prior-year period. Cash, cash equivalents and restricted cash totaled $26.3 million at September 27, 2026. The securitization facility had $122.5 million of borrowings and $84.9 million of available capacity.
On November 4, 2026, the board declared a $0.075-per-share dividend, payable December 2, 2026, to holders of record November 18, 2026. It also renewed the Class A repurchase program without an expiration date, authorizing up to $50.0 million, including $30.0 million remaining under the prior program.
Kelly Services, Inc. (KELYA) reported third-quarter 2026 revenue of $927.2 million, down 0.8% year over year, while underlying revenue grew 2.3% excluding approximately 3.1% in discrete impacts. Adjusted EBITDA increased 29.1% to $21.3 million, and adjusted EBITDA margin rose 50 basis points to 2.3%. GAAP operating earnings were $0.6 million, versus a $102.1 million loss a year earlier that included a $102.0 million goodwill impairment; adjusted diluted earnings per share were $0.07 versus $0.17.
For the first 39 weeks of 2026, revenue fell 6.1% to $3,006.1 million and adjusted EBITDA declined 22.9% to $68.2 million. Kelly expects fourth-quarter revenue flat to up 1% year over year and adjusted EBITDA margin expansion of 180 to 200 basis points, to 3.8% to 4.0%; full-year outlook calls for a mid-single-digit revenue decline and a 2.6% to 2.7% margin. The board declared a $0.075-per-share dividend payable December 2, 2026, and renewed a share repurchase authorization of up to $50.0 million of Class A common stock without an expiration date.
Kelly Services Inc. Senior Vice President Nicola M. Soares had 3,047 Class A shares withheld by the issuer on October 15, 2026, to satisfy applicable tax withholding obligations in connection with vesting of previously reported restricted stock awards. The reported price was $15.57 per share; Soares directly held 73,238 shares after the transaction.
Kelly Services Inc. Executive Vice President, CFO Troy R. Anderson had 27,716 Class A common shares withheld on October 15, 2026, to satisfy applicable tax withholding obligations tied to vesting of previously reported restricted stock awards. The transaction reports a per-share amount of $15.57. Anderson reported direct holdings of 201,770 shares after the transaction.
KELLY SERVICES INC (KELYA) reported that President and CEO Christopher D. Layden had 15,998 shares of Class A common stock withheld on September 15, 2026 to satisfy tax withholding obligations tied to previously reported restricted stock vesting. After this tax-withholding disposition, he directly holds 366,515 shares.
Kelly Services, Inc. reported weaker results for the quarter and first half of 2026 amid softer demand in key staffing markets and Education. Second‑quarter revenue from services was $1,038.2 million, down 5.8% year over year, with declines across Enterprise Talent Management (ETM), Science, Engineering & Technology (SET), and Education. Net earnings for the quarter were $11.4 million versus $19.0 million a year earlier, and diluted EPS was $0.31 compared with $0.52.
For the first six months of 2026, revenue fell to $2,078.9 million and net earnings dropped to $5.5 million from $24.8 million, as gross profit declined 11.6% and the gross margin compressed by 80 basis points. Management reduced total SG&A expenses by 8.7%, including a sharp cut in integration and realignment costs, but earnings from operations still fell to $11.0 million.
Operating cash flow was $23.8 million year‑to‑date, down from $119.3 million. Long‑term debt stood at $78.1 million under the $250.0 million securitization facility, while the $150.0 million revolving credit facility remained undrawn, leaving substantial committed liquidity and a debt‑to‑total‑capital ratio of 7.4%.
Kelly Services reported weaker Q2 2026 results while seeing underlying demand stabilize. Revenue was $1,038.2 million, down 5.8% year over year, with discrete impacts from reduced U.S. federal government and three large commercial customers totaling approximately 5.2%, leaving an underlying decline of about 0.6%. Operating earnings were $16.1 million and net earnings $11.4 million, with diluted EPS declining to $0.31 from $0.52. Adjusted EBITDA was $31.1 million with a 3.0% margin, 40 basis points below a year earlier.
For the first 26 weeks of 2026, revenue fell 8.3% to $2,078.9 million and diluted EPS dropped to $0.15 from $0.67; adjusted EBITDA decreased to $46.9 million with a 2.3% margin. Year‑to‑date free cash flow was $21.2 million versus $114.8 million a year ago, debt‑to‑capital was 7.4%, and working capital $429.9 million. The board declared a quarterly dividend of $0.075 per share. Management raised its 2026 revenue outlook to a low‑to‑mid single‑digit decline and still targets 10 to 20 basis points of adjusted EBITDA margin improvement, with Q4 2026 expected to show mid‑to‑upper single‑digit revenue growth and adjusted EBITDA margin around 4%.
KELLY SERVICES INC executive Nicholas Zuhlke, VP and Chief Accounting Officer, reported a tax-withholding disposition of 1,025 shares of Class A common stock at $14.33 per share. These shares were withheld by the issuer to satisfy tax obligations related to vesting of previously reported restricted stock awards.
Following this non-open-market event, Zuhlke directly holds 23,457 Class A common shares.
Young George Haywood III reported acquisition or exercise transactions in this Form 4 filing.
Kelly Services director George Haywood III received a one-time equity award tied to his board service. The filing shows an indirect grant of 6,000 shares of Class A common stock at $11.36 per share, credited under the issuer's Non-Employee Directors Deferred Compensation Plan.
The footnote explains this award recognizes his service as Chair of Kelly's Independent Special Committee. Following the grant, his indirect holdings under the plan total 21,563.92 shares of Class A common stock.
Kelly Services Inc. reported that director Robert S. Cubbin received a one-time equity award of 5,000 shares of Class A common stock. The shares were credited at $11.36 per share to the issuer's Non-Employee Director Deferred Compensation Plan in recognition of his service on Kelly's Independent Special Committee.
Following this grant, the plan holds a total of 85,817.0948 Class A shares for his indirect benefit. This is a compensation-related grant/award acquisition rather than an open-market purchase or sale.