KELYA on Nasdaq

Kelly Services

Logo: Kelly Services, Public domain, via Wikimedia Commons4

American office staffing company

Kelly Services, Inc. (formerly Russell Kelly Office Service and Kelly Girl Service, Inc.) is an American multinational office staffing company.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$4.3BRevenue, fiscal 20255
-$254.1MNet income, fiscal 20255
1946Founded1

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  • TickerKELYA on Nasdaq1
  • Industryemployment services industry1
  • HeadquartersTroy1
  • Websitewww.kellyservices.com
  • Legal formcorporation1
  • Incorporated inDE6
  • Business address999 W Big Beaver Rd, Troy, Mi 480846
  • Filer categoryAccelerated filer6

Kelly Services, Inc. (formerly Russell Kelly Office Service and Kelly Girl Service, Inc.) is an American multinational office staffing company. The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

20.1%Gross margin5
-1.6%Operating margin5
-6.0%Net margin5
-1.9%Revenue growth, 20255
-26.0%Return on equity5
0.10×Debt to equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Staffing Services brought in 66% of the revenue Kelly Services broke down this way in fiscal 2025.

  1. Staffing Services$2.8B566%down 2% from 2024
  2. Outcome-Based Services$893.2M521%down 5% from 2024
  3. Talent Solutions$492.4M512%up 2% from 2024
  4. Permanent Placement$49.8M51%up 9% from 2024
Products and services by year
Products and services202320242025
Staffing Services$3.4B$2.9B$2.8B
Outcome-Based Services$907.2M$941.2M$893.2M
Talent Solutions$443.6M$480.8M$492.4M
Permanent Placement$59.9M$45.6M$49.8M

Business segments

Enterprise Talent Management brought in 47% of the revenue Kelly Services broke down this way in fiscal 2025.

  1. Enterprise Talent Management$2.0B547%down 9% from 2024
  2. Science, Engineering & Technology$1.2B529%up 6% from 2024
  3. Education$1.0B524%up 4% from 2024
Business segments by year
Business segments202320242025
Enterprise Talent Management$2.2B$2.2B$2.0B
Science, Engineering & Technology$970.6M$1.2B$1.2B
Education$841.9M$972.3M$1.0B

Regions

United States brought in 90% of the revenue Kelly Services broke down this way in fiscal 2025.

  1. United States$3.8B590%down 2% from 2024
  2. Other Americas$332.4M58%down 7% from 2024
  3. Asia Pacific$65.0M52%up 17% from 2024
  4. Europe$45.6M51%up 9% from 2024
Regions by year
Regions202320242025
United States$3.6B$3.9B$3.8B
Other Americas$372.5M$357.3M$332.4M
Asia Pacific$43.7M$55.7M$65.0M
Europe$863.7M$41.9M$45.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue77¢$3.4B
  • Selling, general and admin19¢$825.9M
  • Interest0¢$12.4M
  • Income tax4¢$175.3M

Out of $4.3B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid9¢$11.0M
  • Kept or used elsewhere91¢$111.6M

Out of $122.6M of cash from operations.5

Financial statements

Revenue891011125$4.3B in 2025−21% since 2017
0$2.0B$4.0B$6.0B2017: $5.4B$5.4B20172018: $5.5B$5.5B2018+3%2019: $5.4B$5.4B2019−3%2021: $4.5B$4.5B2021−16%2022: $4.9B$4.9B2022+9%2023: $4.8B$4.8B2023−2%2024: $4.3B$4.3B2024−10%2025: $4.3B$4.3B2025−2%
Gross profit891011125$853.0M in 2025−11% since 2017
0$250.0M$500.0M$750.0M$1.0B2017: $954.1M$954.1M20172018: $972.2M$972.2M2018+2%2019: $968.4M$968.4M2019−0%2021: $827.6M$827.6M2021−15%2022: $919.2M$919.2M2022+11%2023: $961.4M$961.4M2023+5%2024: $882.6M$882.6M2024−8%2025: $853.0M$853.0M2025−3%
Operating income891011125-$69.8M in 2025
-$100.0M-$50.0M0$50.0M$100.0M2017: $83.3M$83.3M20172018: $87.4M$87.4M2018+5%2019: $81.8M$81.8M2019−6%2021: -$93.6M-$93.6M20212022: $48.6M$48.6M20222023: $24.3M$24.3M2023−50%2024: -$15.1M-$15.1M20242025: -$69.8M-$69.8M2025+362%
Net income891011125-$254.1M in 2025
-$400.0M-$200.0M0$200.0M2017: $71.6M$71.6M20172018: $22.9M$22.9M2018−68%2019: $112.4M$112.4M2019+391%2021: -$72.0M-$72.0M20212022: $156.1M$156.1M20222023: $36.4M$36.4M2023−77%2024: -$600.0K-$600.0K20242025: -$254.1M-$254.1M2025+42250%

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Revenue from services$4.3B$4.3B$4.8B
Cost of services$3.4B$3.4B$3.9B
Gross profit$853.0M$882.6M$961.4M
Selling, general and administrative expenses$825.9M$818.4M$934.7M
Goodwill impairment charge$102.0M$72.8M$0
Asset impairment charge$0$13.5M$2.4M
Gain on sale of assets-$1.0M-$5.4M$0
Gain on sale of EMEA staffing operations-$4.1M-$1.6M$0
Earnings (loss) from operations-$69.8M-$15.1M$24.3M
Other income (expense), net-$9.0M-$6.8M$600.0K
Earnings (loss) before taxes-$78.8M-$21.9M$24.9M
Income tax expense (benefit)$175.3M-$21.3M-$11.5M
Net earnings (loss)-$254.1M-$600.0K$36.4M
Basic earnings (loss) per share (in dollars per share)-$7.24-$0.02$0.99
Diluted earnings (loss) per share (in dollars per share)-$7.24-$0.02$0.98
Basic (in shares)35.1M shares35.5M shares35.9M shares
Diluted (in shares)35.1M shares35.5M shares36.3M shares

Compare Kelly Services with another company

The story

Founded by William Russell Kelly in 1946.1

Founded in 1946 by William Russell Kelly, the company was originally named Russell Kelly Office Service. Services were provided in-house at the Kelly office. However, as customer offices grew and needed more resources, they began to ask for the Kelly employees to perform the work at their own offices. Temporary workers from Russell Kelly Office Service, often women, soon became known as ‘Kelly Girls’. Adelaide Hess Moran, the first Kelly temporary employee to work at a customer’s office, was promptly dubbed the first ‘Kelly Girl’.

The company name was changed to Kelly Girl Service, Inc. in 1957. Eventually "Kelly girl" became a widely used term for a temporary worker, regardless of company affiliation or gender. By 1966, the company had expanded to include industrial and technical services divisions and was renamed Kelly Services, Inc.

In 2008, Lynn Noyes was awarded $6.5 million in damages from Kelly Services for failing to promote her because she was not part of the Fellowship of Friends cult.

In 2015, the company reported 8,100 employees, $5.5 billion in revenue, making it one of the world's largest staffing firms. In 2018, the company reported $5.5 billion in revenue.

As of 2019, the CEO is Peter Quigley.

In May 2024, Kelly Services acquired Motion Recruitment Partners for $425 million in cash.

From Wikipedia’s article on Kelly Services, shared under CC BY-SA 4.0.7

Leadership

Who has led Kelly Services, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (61)

Timeline

  1. Sep 3, 2025New chief executive Christopher D. Layden becomes CEO19
  2. Feb 13, 2020New chief executive Peter Quigley becomes CEO20
  3. Oct 3, 2017New chief executive George S. Corona becomes CEO21
  4. Jun 5, 2006New chief executive Carl T. Camden becomes CEO22
  5. Aug 21, 2003New chief executive Terence E. Adderley becomes CEO23
  6. 1946Founded Founded1

Recent filings

  1. Sep 16, 20264 PRIMARY DOCUMENT
  2. Aug 6, 20268-K
  3. Aug 6, 202610-Q
  4. Jul 16, 20264 PRIMARY DOCUMENT
  5. Jun 22, 20264 PRIMARY DOCUMENT
  6. Jun 22, 20264 PRIMARY DOCUMENT
  7. Jun 22, 20264 PRIMARY DOCUMENT
  8. May 21, 2026144
  9. May 19, 2026SCHEDULE 13G
  10. May 19, 2026SCHEDULE 13D/A
  11. May 15, 20264 PRIMARY DOCUMENT
  12. May 14, 2026144
  13. May 13, 20268-K
  14. May 11, 20264 PRIMARY DOCUMENT
  15. May 11, 20264 PRIMARY DOCUMENT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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