What is Kelly Services's education — asset impairment charge?

Kelly Services (KELYA) reported education — asset impairment charge of $0 in Q1 2026.

What does education — asset impairment charge mean?

Represents the non-cash expense recognized when the carrying value of long-lived assets within the Education segment exceeds their fair market value. This charge indicates a decline in the expected future economic benefit of assets such as property, equipment, or intangible assets specific to the education staffing business.

Kelly Services KELYA Education — Asset impairment charge

Other segment segments

Science, Engineering & Technology

$2.2M—

Enterprise Talent Management

$0—

Similar metrics at other companies

SCHLEducation Solutions — Asset impairments and write downs

$150K-90.2%

GHC

GHCEducation — Impairment of goodwill

$1M—

HELEHome & Outdoor — Asset impairment charges

$3.97M—

MDLNImpairment Charges

$0—

GOAsset Impairment Charges, Excluding Goodwill Impairment

$28.45M—

HLITAsset Impairment Charges Gross

$409.25K-85.0%

Other financials

Income statement

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Revenue$1.0B-10.7%

Gross profit$196.4M-17.0%

Operating income-$5.1M-147%

Net income-$5.9M-202%

EPS (diluted)-$0.17-206%

Balance sheet

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Cash & equivalents$29.5M-14.5%

Total debt$183.9M-30.9%

Total equity$968.5M-21.9%

Total assets$2.3B-13.1%

Cash flow

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Operating cash flow-$25.4M-206%

CapEx$1.1M-56.0%

Free cash flow-$26.5M-224%

Valuation

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Market cap$624.05M+4.8%

Enterprise value$778.45M-9.4%

P/S0.2×0.0×

Profitability

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Gross margin19.7%-0.8pp

Operating margin-2.1%-4.2pp

Net margin-6.4%-7.0pp

FCF margin1.6%—

Returns & leverage

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Return on equity-24.1%-26.0pp

Debt / equity0.2×0.0×

Current ratio1.6×-0.1×

Where this comes from

Reported directly by Kelly Services in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: Kelly Services’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kelly Services's education — asset impairment charge?: Kelly Services (KELYA) reported education — asset impairment charge of $0 in Q1 2026.
What does education — asset impairment charge mean?: Represents the non-cash expense recognized when the carrying value of long-lived assets within the Education segment exceeds their fair market value. This charge indicates a decline in the expected future economic benefit of assets such as property, equipment, or intangible assets specific to the education staffing business.