Kelly Services (KELYA) Gross Margin (2010 - 2026)
Kelly Services (KELYA) recorded quarterly Gross Margin of 18.87% in Q1 2026, up 0.51% quarter-over-quarter from 18.78% in Q4 2025, and down 143.0% on a YoY basis from 43.89% in Q1 2025.
Kelly Services (KELYA) Gross Margin (2010 - 2026) Analysis & Trends
Kelly Services' Gross Margin history runs 17 years deep, the most recent figure standing at 18.87% for Q1 2026.
- In Q1 2026, Gross Margin fell 143.0% year-over-year to 18.87%; the TTM figure through Mar 2026 stood at 19.7% (down 82.0% YoY), while the FY2025 annual figure was 20.07%, down 31.0% from the prior year.
- Gross Margin was 18.87% for Q1 2026 at Kelly Services, up from 18.78% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 25.93% in Q1 2023 to a low of 18.78% in Q4 2025.
- Historically, Gross Margin has averaged 20.44% across 5 years, with a median of 20.28% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 234 bps in 2022, then slumped 660 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 20.6% in 2022, then slipped by 6 bps to 19.33% in 2023, then climbed by 5 bps to 20.28% in 2024, then decreased by 7 bps to 18.78% in 2025, then rose by 1 bps to 18.87% in 2026.
- The last three Gross Margin figures came in at 18.87% (Q1 2026), 18.78% (Q4 2025), and 20.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 99.98% |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 36.91% |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 94.37% |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 16.03% |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 15.94% |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 14.07% |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 27.26% |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 18.87% |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 19.83% |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 18.87% |
| Dec 28, 2025 | 18.78% |
| Sep 28, 2025 | 20.75% |
| Jun 29, 2025 | 20.47% |
| Mar 30, 2025 | 20.30% |
| Dec 29, 2024 | 20.28% |
| Sep 29, 2024 | 21.36% |
| Jun 30, 2024 | 20.21% |
| Mar 31, 2024 | 19.68% |
| Dec 31, 2023 | 19.33% |
| Oct 1, 2023 | 20.44% |
| Jul 2, 2023 | 19.77% |
| Apr 2, 2023 | 20.03% |
| Jan 1, 2023 | 25.93% |
| Oct 2, 2022 | 20.60% |
| Jul 3, 2022 | 20.71% |
| Apr 3, 2022 | 19.95% |
| Oct 3, 2021 | 19.15% |
| Jul 4, 2021 | 18.36% |
| Apr 4, 2021 | 17.69% |