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Kelly Services KELYB Accounts Receivable, Credit Loss Expense (Reversal)

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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$791.89M+88.1%
Enterprise value$892.59M+68.3%
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:ProvisionForDoubtfulAccounts.

The source filing: Kelly Services’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 3:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000055135-26-000115
Line item13 Weeks Ended / March 29,202613 Weeks Ended / March 30,2025
Deferred income taxes5.0(0.8)
Depreciation and amortization9.911.0
Operating lease asset amortization2.62.6
Provision for credit losses and sales allowances1.23.0
Stock-based compensation3.43.7
Other, net0.3(0.3)
Changes in operating assets and liabilities
Accounts receivable(26.3)10.5

Item 1. Financial Statements (unaudited)

FAQ

What is Kelly Services's accounts receivable, credit loss expense (reversal)?
Kelly Services (KELYB) reported accounts receivable, credit loss expense (reversal) of $1.2M in Q1 2026.
How has Kelly Services's accounts receivable, credit loss expense (reversal) changed year-over-year?
Kelly Services's accounts receivable, credit loss expense (reversal) decreased by 60.0% year-over-year, from $3M to $1.2M.
What is the long-term trend for Kelly Services's accounts receivable, credit loss expense (reversal)?
Over 2 years (2021 to 2024), Kelly Services's accounts receivable, credit loss expense (reversal) has grown at a -75.0% compound annual growth rate (CAGR), from $1.6M to -$100K.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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