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Kelly Services KELYB Education — Direct salaries

Other segment segments

Enterprise Talent Management
$59.6M-12.7%
Science, Engineering & Technology
$40.5M-20.3%

Similar metrics at other companies

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ABMEducation — Direct labor costs
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HURNEducation — Direct costs (exclusive of depreciation and amortization included below)
$90.68M+0.4%
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ABMEducation — Salaries and wages (other than direct)
$12M+7.1%
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STRAEducation Technology Services — Direct segment expenses
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ABMEducation — Indirect costs
$6.3M+6.8%
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WLYBLearning — Direct expenses
$30.52M-11.2%

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:CostDirectLabor.

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 — direct salaries?
Kelly Services (KELYB) reported education — direct salaries of $16.6M in Q1 2026.
How has Kelly Services's education — direct salaries changed year-over-year?
Kelly Services's education — direct salaries increased by 1.2% year-over-year, from $16.4M to $16.6M.
What is the long-term trend for Kelly Services's education — direct salaries?
Over 3 years (2022 to 2025), Kelly Services's education — direct salaries has grown at a 6.2% compound annual growth rate (CAGR), from $50.8M to $60.8M.
What does education — direct salaries mean?
Tracks the specific expenditure on direct labor costs for personnel employed within the Education segment. This metric provides insight into the segment's labor-intensive nature and the direct impact of wage inflation on operational costs.