KELLY SERVICES INC 1Q 2026: Revenue $1.04B, EPS ($0.17) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.KELLY SERVICES INC reported a revenue of $1.04B for Q1 2026, down 10.7% from $1.16B a year ago, with a diluted loss per share of ($0.17) compared to an EPS of $0.16 last year. The decline was attributed to decreases in ETM, SET, and Education sectors, despite a 3% growth in talent solutions. SG&A expenses were reduced by 11.7%. Demand faced challenges from large-customer softness and delayed contracts.
KELLY SERVICES INC reported first-quarter 2026 results with revenue of $1.04B, a decline from $1.16B a year earlier, and diluted loss per share of ($0.17) versus prior-year EPS of $0.16.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.04B | $1.16B | (10.7%) |
| Net income² | ($5.9M) | $5.8M | (201.7%) |
| Diluted EPS³ | ($0.17) | $0.16 | (206.3%) |
¹ Reported as “Revenue from services”. ² Reported as “Net earnings (loss)”. ³ Reported as “Diluted earnings (loss) per share”.
Business Highlights
- Revenue declined about 10.7% year-over-year, driven by decreases across ETM, SET and Education.
- Talent solutions grew roughly 3%, while staffing and outcome-based services fell, indicating a mix shift toward solutions.
- SG&A was reduced about 11.7% through expense management, integration and realignment actions.
- Technology modernization continued, including the initial cutover of SET acquisitions to the new platform.
- Demand was pressured by large-customer softness, delayed Education contracts and lower federal government volumes.
Original SEC Filing: KELLY SERVICES INC [ KELYB ] - 10-Q - May. 07, 2026