Welcome to our dedicated page for Kelly Svcs SEC filings (Ticker: KELYB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kelly Services Inc. filings document the company's specialty talent solutions business, operating results, capital structure, and governance. Form 8-K reports include results of operations, financial-condition updates, earnings releases, conference-call materials, material definitive agreements, and stockholder rights plan matters.
Proxy filings provide annual governance and shareholder-voting disclosures, while the company's registered securities include Class A Common Stock and Class B Common Stock on Nasdaq. The filing record also reflects disclosure around capital allocation, share repurchases, debt repayment, dividends, segment performance, and risks tied to staffing, outsourcing, education workforce solutions, and specialized talent markets.
Kelly Services reported a weak first quarter of 2026, swinging to a loss as revenue fell. Revenue from services was $1.04 billion, down 10.7% from the same quarter in 2025, or about 3.3% lower on an underlying basis after excluding previously disclosed customer impacts in federal government and three large commercial accounts.
The company posted an operating loss of $5.1 million versus prior-year operating earnings of $10.8 million, and a net loss of $5.9 million, or $0.17 per share, compared with earnings of $0.16 per share a year earlier. Adjusted EBITDA dropped to $15.8 million, with margin compressing to 1.5% from 3.0%, reflecting lower gross profit rates and segment margin pressure in Enterprise Talent Management, Science, Engineering & Technology, and Education despite double‑digit SG&A cuts.
Cash generation deteriorated, with free cash flow of negative $26.5 million compared with positive $21.4 million in the prior year, while debt-to-capital rose to 11.9%. Management reaffirmed its 2026 outlook, guiding to a smaller 7%–9% revenue decline and at least a 2.5% adjusted EBITDA margin in the second quarter, and modest year‑over‑year revenue growth with margin expansion in the second half of 2026. The board declared a quarterly dividend of $0.075 per share.
Kelly Services reported a weak first quarter of 2026, swinging to a loss as revenue fell. Revenue from services was $1.04 billion, down 10.7% from the same quarter in 2025, or about 3.3% lower on an underlying basis after excluding previously disclosed customer impacts in federal government and three large commercial accounts.
The company posted an operating loss of $5.1 million versus prior-year operating earnings of $10.8 million, and a net loss of $5.9 million, or $0.17 per share, compared with earnings of $0.16 per share a year earlier. Adjusted EBITDA dropped to $15.8 million, with margin compressing to 1.5% from 3.0%, reflecting lower gross profit rates and segment margin pressure in Enterprise Talent Management, Science, Engineering & Technology, and Education despite double‑digit SG&A cuts.
Cash generation deteriorated, with free cash flow of negative $26.5 million compared with positive $21.4 million in the prior year, while debt-to-capital rose to 11.9%. Management reaffirmed its 2026 outlook, guiding to a smaller 7%–9% revenue decline and at least a 2.5% adjusted EBITDA margin in the second quarter, and modest year‑over‑year revenue growth with margin expansion in the second half of 2026. The board declared a quarterly dividend of $0.075 per share.
Kelly Services calls its 2026 virtual annual meeting for May 7, 2026, with Class B holders voting on four items: electing eleven directors, an advisory say-on-pay vote, amending the charter to expand stockholder rights, and ratifying PricewaterhouseCoopers as auditor.
In January 2026, Hunt Equity Opportunities acquired 3,039,940 Class B shares, becoming Kelly’s controlling stockholder with 92.2% of that class and driving a major board reconstitution. Kelly is now a Nasdaq “controlled company” and uses exemptions from some board and compensation independence requirements.
For 2025, Kelly reported revenue of $4.3B, a gross profit rate of 20.1%, a loss from operations of ($69), diluted loss per share of ($7.24), and adjusted EBITDA of $109 with a 2.6% margin, reflecting margin pressure and restructuring.
The proxy highlights a CEO transition to Chris Layden, ongoing portfolio reshaping, technology modernization including an AI platform, extensive risk and cybersecurity oversight, and a broad ESG program with climate-risk assessment and Science Based Targets initiative engagement.
Kelly Services calls its 2026 virtual annual meeting for May 7, 2026, with Class B holders voting on four items: electing eleven directors, an advisory say-on-pay vote, amending the charter to expand stockholder rights, and ratifying PricewaterhouseCoopers as auditor.
In January 2026, Hunt Equity Opportunities acquired 3,039,940 Class B shares, becoming Kelly’s controlling stockholder with 92.2% of that class and driving a major board reconstitution. Kelly is now a Nasdaq “controlled company” and uses exemptions from some board and compensation independence requirements.
For 2025, Kelly reported revenue of $4.3B, a gross profit rate of 20.1%, a loss from operations of ($69), diluted loss per share of ($7.24), and adjusted EBITDA of $109 with a 2.6% margin, reflecting margin pressure and restructuring.
The proxy highlights a CEO transition to Chris Layden, ongoing portfolio reshaping, technology modernization including an AI platform, extensive risk and cybersecurity oversight, and a broad ESG program with climate-risk assessment and Science Based Targets initiative engagement.
The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A for Kelly Services Inc. The amendment states that, following an internal realignment, certain Vanguard subsidiaries will report beneficial ownership separately in accordance with SEC Release No. 34-39538 (January 12, 1998). The filing shows amount beneficially owned: 0 and percent of class: 0% for Common Stock (CUSIP 488152208). The submission is signed by Ashley Grim, Head of Global Fund Administration on 03/27/2026.
The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A for Kelly Services Inc. The amendment states that, following an internal realignment, certain Vanguard subsidiaries will report beneficial ownership separately in accordance with SEC Release No. 34-39538 (January 12, 1998). The filing shows amount beneficially owned: 0 and percent of class: 0% for Common Stock (CUSIP 488152208). The submission is signed by Ashley Grim, Head of Global Fund Administration on 03/27/2026.
KELLY SERVICES INC executive Joel Leege, who serves as SVP and President SET, filed an initial Form 3 to report his status as an insider of the company. This filing is an ownership declaration and does not list any buy, sell, or other share transactions.
KELLY SERVICES INC executive Joel Leege, who serves as SVP and President SET, filed an initial Form 3 to report his status as an insider of the company. This filing is an ownership declaration and does not list any buy, sell, or other share transactions.
Kelly Services EVP, General Counsel & Corporate Secretary Vanessa Peterson Williams had 985 shares of Class A common stock withheld by the company to cover taxes linked to vesting restricted stock awards. These shares were not sold on the market. After this tax-withholding disposition, she directly holds 112,354 shares.
Kelly Services EVP, General Counsel & Corporate Secretary Vanessa Peterson Williams had 985 shares of Class A common stock withheld by the company to cover taxes linked to vesting restricted stock awards. These shares were not sold on the market. After this tax-withholding disposition, she directly holds 112,354 shares.
Kelly Services Senior Vice President Nicola M. Soares reported a small share disposition tied to tax obligations. On March 21, 2026, the issuer withheld 707 shares of Class A common stock at $8.47 per share to satisfy taxes on previously reported restricted stock vesting. After this withholding, Soares directly owned 76,285 shares, and no open-market buy or sell occurred.
Kelly Services Senior Vice President Nicola M. Soares reported a small share disposition tied to tax obligations. On March 21, 2026, the issuer withheld 707 shares of Class A common stock at $8.47 per share to satisfy taxes on previously reported restricted stock vesting. After this withholding, Soares directly owned 76,285 shares, and no open-market buy or sell occurred.
Hunt James Christopher reported acquisition or exercise transactions in this Form 4 filing.
Kelly Services director James Christopher Hunt received an award of 5,205 shares of Class A Common Stock, valued at $8.51 per share, credited under the company’s Non-Employee Directors Deferred Compensation Plan. Following this compensation-related grant, his indirect holdings reported under the plan total 10,181 shares of Class A Common Stock.
Hunt James Christopher reported acquisition or exercise transactions in this Form 4 filing.
Kelly Services director James Christopher Hunt received an award of 5,205 shares of Class A Common Stock, valued at $8.51 per share, credited under the company’s Non-Employee Directors Deferred Compensation Plan. Following this compensation-related grant, his indirect holdings reported under the plan total 10,181 shares of Class A Common Stock.
Kelly Services Inc. director James Christopher Hunt reported an acquisition of 4,976 derivative units tied to Class A Common Stock at $10.79 per share value. The award is held indirectly through the company’s Non-Employee Directors Deferred Compensation Plan, reflecting deferred share-based compensation for his board service.
Kelly Services Inc. director James Christopher Hunt reported an acquisition of 4,976 derivative units tied to Class A Common Stock at $10.79 per share value. The award is held indirectly through the company’s Non-Employee Directors Deferred Compensation Plan, reflecting deferred share-based compensation for his board service.
Kelly Services director Edward Escudero reported an award of 3,155 derivative units tied to Class A Common Stock at $8.51 per share. The award was made indirectly through the company’s Non-Employee Directors Deferred Compensation Plan as part of his cash retainer.
After this compensation-related acquisition, the plan holds 6,887 derivative units for his benefit, with the award exercisable from January 30, 2026 and expiring March 18, 2036. This is a routine non-cash director compensation event, not an open-market stock purchase or sale.
Kelly Services director Edward Escudero reported an award of 3,155 derivative units tied to Class A Common Stock at $8.51 per share. The award was made indirectly through the company’s Non-Employee Directors Deferred Compensation Plan as part of his cash retainer.
After this compensation-related acquisition, the plan holds 6,887 derivative units for his benefit, with the award exercisable from January 30, 2026 and expiring March 18, 2036. This is a routine non-cash director compensation event, not an open-market stock purchase or sale.
Kelly Services director Edward Escudero reported an acquisition of derivative interests linked to 3,732 shares of Class A common stock at $10.79 per share. The award was made through the company’s Non-Employee Directors Deferred Compensation Plan, so the holdings are reported as indirect. Following this grant, Escudero’s deferred compensation plan position reflects 3,732 underlying shares.
Kelly Services director Edward Escudero reported an acquisition of derivative interests linked to 3,732 shares of Class A common stock at $10.79 per share. The award was made through the company’s Non-Employee Directors Deferred Compensation Plan, so the holdings are reported as indirect. Following this grant, Escudero’s deferred compensation plan position reflects 3,732 underlying shares.