Here are the 10-K annual reports from Kelly Services Inc (KELYA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KELYA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KELYA filings page.
Kelly Services, Inc. filed its annual report outlining how it has transformed into a specialty talent solutions company focused on Education, Science, Engineering & Technology, and Enterprise Talent Management. In 2025, Kelly and its partners placed approximately 375,000 workers with customers worldwide.
The company emphasizes higher-margin specialties, recent divestitures in Europe, and a multi-year integration into a single enterprise system. As of December 28, 2025, Kelly employed about 3,600 full-time staff in the U.S. and 1,300 internationally, with a flexible remote-work model.
Customer concentration is notable: in 2025, an estimated 55% of revenue came from the largest 100 customers and 24% from the largest 10, with the single largest customer contributing about six percent. Days sales outstanding were 61 days, highlighting working-capital sensitivity to growth cycles.
The filing details extensive risk factors, including macroeconomic cyclicality, intense staffing competition, AI-driven labor disruption, cyber and data-privacy threats, regulatory complexity, and reputational exposure in education placements. It also explains a dual-class share structure and controlled-company status under Nasdaq rules.