ManpowerGroup swings to Q2 net loss of $67.1 million; revenue flat at $4.5 billion
ManpowerGroup reported a second-quarter 2025 net loss of $67.1 million, or $1.44 per diluted share, compared with net earnings of $60.1 million, or $1.24 per diluted share, a year earlier. Revenue was flat at $4.5 billion, and the loss reflects an $88.7 million non-cash goodwill and intangible impairment, restructuring costs, and losses from business sales; excluding these charges, EPS was $0.78. The company also guided third-quarter diluted EPS to $0.77 to $0.87.
Key points
- Q2 2025 revenue was $4.5 billion, flat from the prior year period (down 3% in constant currency).
- Net loss was $67.1 million versus net earnings of $60.1 million a year earlier; diluted EPS was -$1.44 versus $1.24.
- Non-cash impairment charges were $88.7 million, mainly tied to the Switzerland and U.K. businesses.
- Third-quarter 2025 diluted EPS guidance is $0.77 to $0.87.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 July 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.