What is Kelly Services's EMEA and brazil — indemnification?

Kelly Services (KELYB) reported EMEA and brazil — indemnification of -$2.3M in Q1 2026.

What does EMEA and brazil — indemnification mean?

This metric represents the financial obligations or liabilities arising from indemnification agreements within the EMEA and Brazil geographic segments. It reflects the costs associated with protecting clients against specific legal or operational risks inherent in staffing and workforce solution contracts. Monitoring this figure helps investors assess the regional risk profile and the potential impact of contractual liabilities on segment profitability.

Kelly Services KELYB EMEA and Brazil — Indemnification

Similar metrics at other companies

ACHVIndemnification Expense

$0—

REZIIndemnification Agreement expense

$0-100%

KFYEMEA — Compensation and benefits

$40.16M-0.2%

METEMEA — Supplementary Insurance Information Future Policy Benefits Other Policy Related Balances And Policyholder Dividend Obligation

$3.93B+14.8%

INGMEMEA — Compensation

$145.53M+13.6%

METEMEA — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Benefit, Claim, Loss and Settlement Expenses

$509.75M+13.5%

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 kelya:IndemnificationFairValueDisclosure.

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

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What is Kelly Services's EMEA and brazil — indemnification?: Kelly Services (KELYB) reported EMEA and brazil — indemnification of -$2.3M in Q1 2026.
What does EMEA and brazil — indemnification mean?: This metric represents the financial obligations or liabilities arising from indemnification agreements within the EMEA and Brazil geographic segments. It reflects the costs associated with protecting clients against specific legal or operational risks inherent in staffing and workforce solution contracts. Monitoring this figure helps investors assess the regional risk profile and the potential impact of contractual liabilities on segment profitability.