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Kelly Services KELYB Science, Engineering & Technology — Severance

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$100K—

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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:SeveranceCosts1.

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 science, engineering & technology — severance?
Kelly Services (KELYB) reported science, engineering & technology — severance of $200K in Q1 2026.
How has Kelly Services's science, engineering & technology — severance changed year-over-year?
Kelly Services's science, engineering & technology — severance decreased by 81.8% year-over-year, from $1.1M to $200K.
What does science, engineering & technology — severance mean?
Reflects the costs incurred for employee separation packages and related termination benefits within the Science, Engineering & Technology segment. High or increasing levels of severance may indicate organizational restructuring, workforce downsizing, or shifts in the segment's operational strategy.