Kelly Services, Inc. reported a revenue of $4.25 billion for the fiscal year ending December 28, 2025, a decrease of 1.9% from $4.33 billion in 2024. The company's gross profit also declined by 3.4% to $853 million, down from $883 million in the previous year. The decline in revenue was attributed to decreased demand in the Enterprise Talent Management (ETM) and Science, Engineering & Technology (SET) segments, which was partially offset by growth in the Education segment. The company experienced a significant net loss of $254.1 million, compared to a loss of $0.6 million in 2024, primarily due to a goodwill impairment charge of $102 million and increased integration and restructuring costs.
In terms of operational changes, Kelly Services underwent a strategic transformation in 2025, which included the integration of its Professional & Industrial and Outsourcing & Consulting Group segments into the ETM segment. This restructuring aimed to streamline operations and enhance service delivery. The company also completed the acquisition of Motion Recruitment Partners (MRP) in May 2024, which contributed to revenue growth in the SET segment. However, the overall revenue from staffing services decreased by 6.0%, and permanent placement revenue saw a significant decline of 20.9%.
The company placed approximately 375,000 workers with various clients globally in 2025, reflecting its extensive reach across different sectors. As of the end of 2025, Kelly Services employed around 3,600 full-time staff in the U.S. and an additional 1,300 internationally. The company reported a days sales outstanding (DSO) of 61 days, indicating a slight increase from 59 days in 2024, which may impact cash flow management. The company’s working capital position decreased to $446.5 million from $539 million in 2024, primarily due to lower trade accounts receivable.
Looking ahead, Kelly Services anticipates continued challenges in the labor market, but it remains focused on optimizing its operational model and enhancing profitability. The company is committed to leveraging its strategic initiatives to capture market share and improve financial performance as economic conditions stabilize. The management expressed confidence in its ability to navigate the evolving landscape and capitalize on growth opportunities in higher-margin specialty areas.
About KELLY SERVICES INC
Kelly Services, Inc. is a global workforce solutions provider specializing in temporary, permanent, and outcome-based staffing across industries such as education, science, engineering, and technology. Operating through four specialty units, it serves diverse clients worldwide, including corporations, government, and education sectors. The company emphasizes talent management, diversity, and innovative services, leveraging technology and strategic acquisitions to deliver flexible staffing, outsourcing, and consulting solutions.
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