KELLY SERVICES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $5.5b $956.8m $5.5b $5.4b $4.5b $4.9b $5.0b $4.8b $4.3b $4.3b
Revenue from services $5.5b $5.3b $5.5b $5.4b $4.5b $4.9b $5.0b $4.3b $4.3b
Cost of Revenue $4.5b $2.7m $4.5b $4.4b $3.7b $4.0b $4.0b $3.9b $3.4b $3.4b
Gross Profit $920.3m $954.1m $972.2m $968.4m $827.6m $919.2m $919.2m $961.4m $882.6m $853.0m
Operating Income (Loss) $83.3m $87.4m $81.8m ($93.6m) $48.6m $24.3m ($15.1m) ($69.8m)
Additional Financial Items
Amortization of Intangible Assets $900k $1.8m $51.5m
Foreign Currency Transaction Gain (Loss), before Tax ($1.1m) $300k ($800k) $3.3m ($1.0m) ($1.5m) $500k
Gain (Loss) on Investments $121.8m $0 $0
Gain (Loss) Related to Litigation Settlement $19.0m $0 $1.6m
Goodwill, Impairment Loss $147.7m $0 $0 $72.8m $102.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $55.2m $53.1m $46.6m ($84.7m) $30.5m $29.9m ($33.2m) ($97.6m)
Income (Loss) from Continuing Operations, Per Basic Share
Income (Loss) from Continuing Operations, Per Diluted Share
Income (Loss) from Equity Method Investments $2.7m $5.2m ($3.6m) $800k $5.4m $0 $0
Investment Income, Interest $700k $800k $1.1m $600k $200k $6.7m $6.8m $3.7m
Goodwill impairment charge $0 $0 $147.7m $0 $41.0m $72.8m $102.0m
Asset impairment charge $0 $0 $15.8m $0 $0 $2.4m $13.5m $0
Gain on sale of assets $0 $0 ($12.3m) ($32.1m) $0 ($6.2m) ($5.4m) ($1.0m)
Gain on sale of EMEA staffing operations $0 $0 $18.7m $0 ($4.1m)
Earnings (loss) from operations $66.7m $63.2m $87.4m $81.8m ($93.6m) $48.6m $14.8m ($15.1m) ($69.8m)
Earnings (loss) before taxes $62.5m $24.9m ($21.9m) ($78.8m)
Net earnings (loss) $53.8m $120.8m $22.9m $112.4m ($72.0m) $156.1m ($62.5m) ($600k) ($254.1m)
Basic (in shares) $37.8m $38.1m $38.8m $39.1m $39.3m $39.4m $38.1m $35.5m $35.1m
Diluted (in shares) $37.9m $38.4m $39.1m $39.2m $39.3m $39.5m $38.1m $35.5m $35.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($78.8m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
Net Income (Loss) Attributable to Parent $71.6m $22.9m $112.4m ($72.0m) $156.1m $36.4m ($600k) ($254.1m)
Net Income (Loss) Available to Common Stockholders, Basic $35.7m ($600k) ($254.1m)
Earnings Per Share, Basic $0.20 $1.84 $0.59 $2.85 ($1.83) $3.93 $3.93 $0.99 ($0.02) ($7.24)
Earnings Per Share, Diluted $1.39 $1.81 $0.58 $2.84 ($1.83) $3.91 $3.91 $0.98 ($0.02) ($7.24)
Weighted Average Number of Shares Outstanding, Basic 38.3m 38.8m 39.1m 39.3m 39.4m 35.9m 35.5m 35.1m
Weighted Average Number of Shares Outstanding, Diluted 39.0m 39.1m 39.2m 39.3m 39.5m 36.3m 35.5m 35.1m
Selling, General and Administrative Expense $870.8m $884.8m $883.1m $805.6m $870.6m $934.7m $818.4m $825.9m
Selling, general and administrative expenses $853.6m $843.1m $884.8m $883.1m $805.6m $870.6m $943.5m $818.4m $825.9m
Other Nonoperating Income (Expense) ($1.6m) ($600k) ($1.2m) $3.4m ($3.6m) $4.2m ($6.8m) ($9.0m)
Cost of services $4.6b $4.4b $4.5b $4.4b $3.7b $4.0b $4.0b $3.4b $3.4b
Other income (expense), net $4.2m ($700k) ($600k) ($1.2m) $3.4m ($3.6m) $1.6m ($6.8m) ($9.0m)
Interest Expense $2.7m $3.1m $4.2m $3.0m $2.5m $3.2m $10.9m $12.4m
Current Income Tax Expense (Benefit) $18.7m $20.4m $18.7m $23.1m $13.5m $13.4m $6.5m $6.8m
Income Tax Expense (Benefit) $8.7m $12.8m ($27.1m) $400k ($34.0m) $35.1m $35.1m ($11.5m) ($21.3m) $175.3m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.