Kelly Services (KELYB) Operating Expenses (2010 - 2026)
Kelly Services (KELYB) recorded quarterly Operating Expenses of $199.3 million in Q1 2026, little changed quarter-over-quarter from $198.5 million in Q4 2025, and down 11.7% on a YoY basis from $225.7 million in Q1 2025.
Kelly Services (KELYB) Operating Expenses (2010 - 2026) Analysis & Trends
Kelly Services' Operating Expenses history runs 17 years deep, the most recent figure standing at $199.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 11.7% year-over-year to $199.3 million; the TTM figure through Mar 2026 stood at $799.5 million (down 6.34% YoY), while the FY2025 annual figure was $825.9 million, up 0.92% from the prior year.
- Operating Expenses was $199.3 million for Q1 2026 at Kelly Services, roughly flat from $198.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $303.6 million in Q1 2023 to a low of $190.5 million in Q1 2024.
- Historically, Operating Expenses has averaged $222.9 million across 5 years, with a median of $225.7 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 23.95% in 2023, then increased 18.48% in 2025.
- A 5-year view of Operating Expenses shows it stood at $231.1 million in 2022, then decreased by 0.09% to $230.9 million in 2023, then fell by 5.85% to $217.4 million in 2024, then decreased by 8.69% to $198.5 million in 2025, then climbed by 0.4% to $199.3 million in 2026.
- The last three Operating Expenses figures came in at $199.3 million (Q1 2026), $198.5 million (Q4 2025), and $194.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 634.03 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 443.00 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 1.10 Bn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 240.00 Mn |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 47.48 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 76.76 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 199.30 Mn |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 87.30 Mn |
| 10 | Kelly Services | - | - | 196.40 Mn | 199.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 199.30 Mn |
| Dec 28, 2025 | 198.50 Mn |
| Sep 28, 2025 | 194.40 Mn |
| Jun 29, 2025 | 207.30 Mn |
| Mar 30, 2025 | 225.70 Mn |
| Dec 29, 2024 | 217.40 Mn |
| Sep 29, 2024 | 219.00 Mn |
| Jun 30, 2024 | 191.50 Mn |
| Mar 31, 2024 | 190.50 Mn |
| Dec 31, 2023 | 230.90 Mn |
| Oct 1, 2023 | 228.40 Mn |
| Jul 2, 2023 | 232.00 Mn |
| Apr 2, 2023 | 243.40 Mn |
| Jan 1, 2023 | 303.60 Mn |
| Oct 2, 2022 | 231.10 Mn |
| Jul 3, 2022 | 240.10 Mn |
| Apr 3, 2022 | 236.10 Mn |
| Oct 3, 2021 | 219.90 Mn |
| Jul 4, 2021 | 217.30 Mn |
| Apr 4, 2021 | 202.70 Mn |