What is Kelly Services's goodwill?

Kelly Services (KELYB) reported goodwill of $202.1M in Q1 2026.

How has Kelly Services's goodwill changed year-over-year?

Kelly Services's goodwill decreased by 33.5% year-over-year, from $304.1M to $202.1M.

What is the long-term trend for Kelly Services's goodwill?

Over 5 years (2020 to 2025), Kelly Services's goodwill has grown at a 125.1% compound annual growth rate (CAGR), from $3.5M to $202.1M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Kelly Services KELYB Goodwill

Goodwill at other companies

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$1.54B-2.4%

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$250.98M+5.7%

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$25.04M0.0%

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$950.64M+0.2%

CNX

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$73.6M0.0%

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$4.53B+0.3%

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+46.6%

Enterprise value$778.45M+18.4%

P/S0.2×+0.1×

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:Goodwill.

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 goodwill?: Kelly Services (KELYB) reported goodwill of $202.1M in Q1 2026.
How has Kelly Services's goodwill changed year-over-year?: Kelly Services's goodwill decreased by 33.5% year-over-year, from $304.1M to $202.1M.
What is the long-term trend for Kelly Services's goodwill?: Over 5 years (2020 to 2025), Kelly Services's goodwill has grown at a 125.1% compound annual growth rate (CAGR), from $3.5M to $202.1M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.