<span item_type="fundamental" item_id="49895c45fed0e10290c1e01834b3bdf2" counter_id="ST/US/KELYB" env="prod"></span><span item_type="announcement" item_id="579771018890909697" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 935 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -4.26.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -102.1 M.</p><p></p><h3>Financial Results for the Thirteen-Week Period Ended September 28, 2025</h3><h4>Revenue</h4><ul><li>Revenue was $935.0 million, a 9.9% decrease compared to the corresponding quarter of 2024, primarily driven by lower demand in the ETM and SET segments, partially offset by a 0.9% growth in the Education segment.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Operating Loss</h4><ul><li>Operating loss was $102.1 million, compared to earnings of $2.6 million in the third quarter of 2024. This reflects non-cash goodwill impairment charges totaling $102.0 million related to reduced demand and integration of acquisitions in the SET segment.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Adjusted EBITDA</h4><ul><li>Adjusted EBITDA was $16.5 million, a decrease of 36.7% versus the prior year period, with an adjusted EBITDA margin of 1.8%, a decrease of 70 basis points.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Income Tax Expense</h4><ul><li>Income tax expense was $46.4 million, compared to an income tax benefit of $2.6 million in the third quarter of 2024, reflecting non-cash goodwill impairment charges and a valuation allowance.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Loss Per Share</h4><ul><li>Loss per share was $4.26, including non-cash goodwill impairment charges and a valuation allowance charge on deferred tax assets, compared to earnings per share of $0.02 in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h3>Financial Results for the Thirty-Nine-Week Period Ended September 28, 2025</h3><h4>Revenue</h4><ul><li>Revenue was $3.2 billion, a 1.9% increase compared to the corresponding period in 2024, primarily due to the May 2024 acquisition of MRP.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Operating Loss</h4><ul><li>Operating loss was $69.1 million, compared to earnings of $41.6 million reported over the same period in 2024, reflecting non-cash goodwill impairment charges.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Adjusted EBITDA</h4><ul><li>Adjusted EBITDA was $88.4 million, a decrease of 11.5% versus the prior year period, with an adjusted EBITDA margin of 2.8%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Income Tax Expense</h4><ul><li>Income tax expense was $49.1 million, compared to an income tax expense of $2.5 million reported over the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Loss Per Share</h4><ul><li>Loss per share was $3.56, including non-cash goodwill impairment charges and a valuation allowance charge on deferred tax assets, compared to earnings per share of $0.85 in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h3>Segment Information for the Third Quarter of 2025</h3><h4>Enterprise Talent Management (ETM)</h4><ul><li>Revenue from services was $487.9 million, a decrease of 13.1% from $561.6 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Science, Engineering &amp; Technology (SET)</h4><ul><li>Revenue from services was $304.9 million, a decrease of 9.0% from $335.0 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Education</h4><ul><li>Revenue from services was $143.3 million, an increase of 0.9% from $142.1 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h3>Cash Flow</h3><h4>Net Cash from Operating Activities</h4><ul><li>Net cash from operating activities was $94.0 million for the nine months ended September 28, 2025, compared to $11.9 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h4>Free Cash Flow</h4><ul><li>Free cash flow was $87.2 million for the nine months ended September 28, 2025, compared to $2.8 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The Company expects a total year-over-year revenue decline of 12% to 14% for the fiscal 2025 fourth quarter, including approximately 8% impact due to reduced demand for federal contractors and discrete large customers. Adjusted EBITDA margin is expected to be approximately 3%, reflecting a year-over-year decline similar to the third quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/55135/000005513525000079/a20253qearningsreleaseform.htm"></span></li></ul>

Kelly Services-B | 8-K: FY2025 Q3 Revenue: USD 935 M