Kelly Q1 revenue down 10.7% to $1.0 billion; net loss of $0.17 per share
Kelly reported first-quarter 2026 results for the three months ended March 29, 2026, with revenue of $1.0 billion, down 10.7% year over year, and a diluted loss of $0.17 per share, compared with earnings of $0.16 per share a year earlier. The company reaffirmed its 2026 outlook, which it said is unchanged from its initial view, and declared a $0.075 quarterly dividend, so shareholders see weaker headline results but no change to guidance.
Key points
- Revenue was $1.0 billion, down 10.7%; underlying revenue, excluding discrete customer impacts, fell about 3.3%.
- Operating loss was $5.1 million, compared with earnings of $10.8 million in the first quarter of 2025; adjusted EBITDA was $15.8 million, down 54.7%.
- Diluted loss per share was $0.17; adjusted earnings per share were $0.03, compared with $0.39 a year earlier.
- The 2026 outlook is unchanged, and the board declared a $0.075 per share dividend payable June 2, 2026 to holders of record on May 18, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.