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Kelly Services KELYB Education — Gross Profit

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Other financials

Income statement

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Revenue$1.0B-5.8%
Gross profit$212.0M-6.0%
Operating income$16.1M-27.5%
Net income$11.4M-40.0%
EPS (diluted)$0.31-40.4%

Balance sheet

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Cash & equivalents$28.0M+14.3%
Total debt$128.7M-3.9%
Total equity$982.0M-22.4%
Total assets$2.3B-9.2%

Cash flow

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Operating cash flow$49.2M-48.4%
CapEx$1.5M-25.0%
Free cash flow$47.7M-48.9%

Valuation

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Market cap$814.81M+93.6%
Enterprise value$915.51M+72.6%
P/S0.2×+0.1×

Profitability

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Gross margin19.7%-0.9pp
Operating margin-2.3%-3.1pp
Net margin-6.7%-6.9pp
FCF margin1.6%

Returns & leverage

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Return on equity-24.3%-24.8pp
Debt / equity0.1×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Kelly Services in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Kelly Services’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000055135-26-000161
Line itemETMSETEducationInter-SegmentTotal
Revenue from services$485.5$301.6$253.5$(2.4)$1,038.2
Cost of services(1)386.0225.1217.5(2.4)826.2
Gross profit99.576.536.0212.0
Direct salaries(2)59.941.014.9
Other segment expenses(3)28.817.310.4
SG&A expenses88.758.325.3172.3
Business unit profit$10.8$18.2$10.7$39.7
Corporate SG&A(11.8)

Item 1. Financial Statements (unaudited)

FAQ

What is Kelly Services's education — gross profit?
Kelly Services (KELYB) reported education — gross profit of $36M in Q2 2026.
How has Kelly Services's education — gross profit changed year-over-year?
Kelly Services's education — gross profit decreased by 7.9% year-over-year, from $39.1M to $36M.
What is the long-term trend for Kelly Services's education — gross profit?
Over 2 years (2021 to 2023), Kelly Services's education — gross profit has grown at a 40.6% compound annual growth rate (CAGR), from $65.1M to $128.7M.
What does education — gross profit mean?
Calculated as the total revenue from services minus the direct cost of services for the Education segment. It represents the fundamental profitability of the segment's core staffing and consulting activities before accounting for overhead and administrative expenses.

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