Kelly Services-B | 10-Q: FY2025 Q2 Revenue: USD 1.102 B

Revenue: As of FY2025 Q2, the actual value is USD 1.102 B.

EPS: As of FY2025 Q2, the actual value is USD 0.52.

EBIT: As of FY2025 Q2, the actual value is USD 19.9 M.

Revenue: $520.2 million in Q2 2025, a decrease of 3.9% from Q2 2024. Year-to-date revenue was $1,054.2 million, a decrease of 1.0% from the previous year.
Gross Profit: $104.0 million in Q2 2025, a decrease of 4.6% from Q2 2024. Year-to-date gross profit was $212.0 million, a decrease of 1.5% from the previous year.
SG&A Expenses: $92.9 million in Q2 2025, a decrease of 0.7% from Q2 2024. Year-to-date SG&A expenses were $194.1 million, an increase of 1.3% from the previous year.
Business Unit Profit: $11.1 million in Q2 2025, a decrease of 28.5% from Q2 2024. Year-to-date profit was $17.9 million, a decrease of 24.0% from the previous year.

Revenue: $317.3 million in Q2 2025, an increase of 19.4% from Q2 2024. Year-to-date revenue was $639.7 million, an increase of 28.6% from the previous year.
Gross Profit: $82.4 million in Q2 2025, an increase of 21.5% from Q2 2024. Year-to-date gross profit was $164.7 million, an increase of 31.5% from the previous year.
SG&A Expenses: $63.1 million in Q2 2025, an increase of 29.0% from Q2 2024. Year-to-date SG&A expenses were $132.0 million, an increase of 43.3% from the previous year.
Business Unit Profit: $19.3 million in Q2 2025, an increase of 2.1% from Q2 2024. Year-to-date profit was $32.7 million, a decrease of 1.3% from the previous year.

Revenue: $265.3 million in Q2 2025, an increase of 5.6% from Q2 2024. Year-to-date revenue was $574.3 million, an increase of 6.1% from the previous year.
Gross Profit: $39.1 million in Q2 2025, an increase of 6.1% from Q2 2024. Year-to-date gross profit was $85.3 million, an increase of 8.1% from the previous year.
SG&A Expenses: $25.5 million in Q2 2025, an increase of 5.6% from Q2 2024. Year-to-date SG&A expenses were $52.4 million, an increase of 9.0% from the previous year.
Business Unit Profit: $13.6 million in Q2 2025, an increase of 7.1% from Q2 2024. Year-to-date profit was $32.9 million, an increase of 6.6% from the previous year.

Core Business Focus: Kelly Services, Inc. is focusing on integrating MRP’s portfolio with existing SET businesses and aligning sales, recruiting, and functional teams to enhance its go-to-market strategy. The company is also implementing modernized systems to consolidate disparate systems and drive efficiency.
Non-Core Business: The company completed the sale of its EMEA staffing operations and received proceeds of $21.8 million in Q2 2025, with no further proceeds expected from contingent considerations.
Priority: The company is committed to operational discipline and aligning resource levels with demand, while focusing on growth and efficiency initiatives to position itself for future success.