Kelly Services (KELYB) Gross Margin (2010 - 2026)

Kelly Services (KELYB) 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 (KELYB) 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 Kelly Services - - 196.40 Mn 18.87%

Historic Data

Download Data
DateValue
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%