ManpowerGroup (MAN) Cost of Revenue (2009 - 2026)
ManpowerGroup's quarterly Cost of Revenue came in at $3.8 billion in Q1 2026, up 11.66% year-on-year from $3.4 billion in Q1 2025, and down 4.03% quarter-over-quarter from $3.9 billion in Q4 2025.
ManpowerGroup has reported Cost of Revenue for 18 years, with the latest figure at $3.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 11.66% year-over-year to $3.8 billion; the trailing twelve-month figure through Mar 2026 stood at $15.4 billion (up 5.75% YoY), and the FY2025 full-year result was $15.0 billion, up 1.3% from the prior year.
- Cost of Revenue for Q1 2026 stood at $3.8 billion, down from $3.9 billion in the prior quarter.
- The five-year high for Cost of Revenue was $4.2 billion in Q1 2022, with the low at $3.4 billion in Q1 2025.
- Average Cost of Revenue over 5 years is $3.8 billion, with a median of $3.9 billion recorded in 2023.
- Year-over-year, Cost of Revenue slipped 11.72% in 2022 and advanced 11.66% in 2026.
- Tracing MAN's Cost of Revenue over 5 years: stood at $3.9 billion in 2022, then fell by 2.89% to $3.8 billion in 2023, then slipped by 4.59% to $3.6 billion in 2024, then grew by 8.28% to $3.9 billion in 2025, then dropped by 4.03% to $3.8 billion in 2026.
- The last three Cost of Revenue figures came in at $3.8 billion (Q1 2026), $3.9 billion (Q4 2025), and $3.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 111,000.00 |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 820.27 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 69.00 Mn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 3.79 Bn |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 1.59 Bn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 263.82 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 240.30 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 844.30 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 319.55 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.79 Bn |
| Mar 31, 2026 | 3.79 Bn |
| Dec 31, 2025 | 3.95 Bn |
| Dec 31, 2025 | 3.95 Bn |
| Sep 30, 2025 | 3.87 Bn |
| Sep 30, 2025 | 3.87 Bn |
| Jun 30, 2025 | 3.76 Bn |
| Jun 30, 2025 | 3.76 Bn |
| Mar 31, 2025 | 3.39 Bn |
| Mar 31, 2025 | 3.39 Bn |
| Dec 31, 2024 | 3.64 Bn |
| Dec 31, 2024 | 3.64 Bn |
| Sep 30, 2024 | 3.75 Bn |
| Sep 30, 2024 | 3.75 Bn |
| Jun 30, 2024 | 3.73 Bn |
| Jun 30, 2024 | 3.73 Bn |
| Mar 31, 2024 | 3.64 Bn |
| Mar 31, 2024 | 3.64 Bn |
| Dec 31, 2023 | 3.82 Bn |
| Dec 31, 2023 | 3.82 Bn |
| Sep 30, 2023 | 3.85 Bn |
| Sep 30, 2023 | 3.85 Bn |
| Jun 30, 2023 | 3.99 Bn |
| Jun 30, 2023 | 3.99 Bn |
| Mar 31, 2023 | 3.89 Bn |
| Mar 31, 2023 | 3.89 Bn |
| Dec 31, 2022 | 3.93 Bn |
| Dec 31, 2022 | 3.93 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Jun 30, 2022 | 4.15 Bn |
| Jun 30, 2022 | 4.15 Bn |
| Mar 31, 2022 | 4.25 Bn |
| Mar 31, 2022 | 4.25 Bn |
| Dec 31, 2021 | 4.46 Bn |
| Dec 31, 2021 | 4.46 Bn |
| Sep 30, 2021 | 4.29 Bn |
| Sep 30, 2021 | 4.29 Bn |
| Jun 30, 2021 | 4.42 Bn |
| Jun 30, 2021 | 4.42 Bn |
| Mar 31, 2021 | 4.16 Bn |
| Mar 31, 2021 | 4.16 Bn |
| Dec 31, 2020 | 4.26 Bn |
| Dec 31, 2020 | 4.26 Bn |
| Sep 30, 2020 | 3.86 Bn |
| Sep 30, 2020 | 3.86 Bn |
| Jun 30, 2020 | 3.17 Bn |
| Jun 30, 2020 | 3.17 Bn |
| Mar 31, 2020 | 3.90 Bn |
| Mar 31, 2020 | 3.90 Bn |
| Dec 31, 2019 | 4.34 Bn |
| Dec 31, 2019 | 4.34 Bn |
| Sep 30, 2019 | 4.41 Bn |
| Sep 30, 2019 | 4.41 Bn |
| Jun 30, 2019 | 4.50 Bn |
| Jun 30, 2019 | 4.50 Bn |
| Mar 31, 2019 | 4.24 Bn |
| Mar 31, 2019 | 4.24 Bn |
| Dec 31, 2018 | 4.51 Bn |
| Dec 31, 2018 | 4.51 Bn |
| Sep 30, 2018 | 4.53 Bn |
| Sep 30, 2018 | 4.53 Bn |
| Jun 30, 2018 | 4.73 Bn |
| Jun 30, 2018 | 4.73 Bn |
| Mar 31, 2018 | 4.64 Bn |
| Mar 31, 2018 | 4.64 Bn |
| Dec 31, 2017 | 4.70 Bn |
| Dec 31, 2017 | 4.70 Bn |
| Sep 30, 2017 | 4.56 Bn |
| Sep 30, 2017 | 4.56 Bn |
| Jun 30, 2017 | 4.31 Bn |
| Jun 30, 2017 | 4.31 Bn |
| Mar 31, 2017 | 3.97 Bn |
| Mar 31, 2017 | 3.97 Bn |
| Dec 31, 2016 | 4.12 Bn |
| Dec 31, 2016 | 4.12 Bn |
| Sep 30, 2016 | 4.23 Bn |
| Sep 30, 2016 | 4.23 Bn |
| Jun 30, 2016 | 4.16 Bn |
| Jun 30, 2016 | 4.16 Bn |
| Mar 31, 2016 | 3.81 Bn |
| Mar 31, 2016 | 3.81 Bn |
| Dec 31, 2015 | 4.10 Bn |
| Dec 31, 2015 | 4.10 Bn |
| Sep 30, 2015 | 4.12 Bn |
| Sep 30, 2015 | 4.12 Bn |
| Jun 30, 2015 | 4.03 Bn |
| Jun 30, 2015 | 4.03 Bn |
| Mar 31, 2015 | 3.78 Bn |
| Mar 31, 2015 | 3.78 Bn |
| Dec 31, 2014 | 4.25 Bn |
| Dec 31, 2014 | 4.25 Bn |
| Sep 30, 2014 | 4.51 Bn |
| Sep 30, 2014 | 4.51 Bn |
| Jun 30, 2014 | 4.42 Bn |
| Jun 30, 2014 | 4.42 Bn |
| Mar 31, 2014 | 4.09 Bn |
| Mar 31, 2014 | 4.09 Bn |
| Dec 31, 2013 | 4.37 Bn |
| Dec 31, 2013 | 4.37 Bn |
| Sep 30, 2013 | 4.34 Bn |
| Sep 30, 2013 | 4.34 Bn |
| Jun 30, 2013 | 4.20 Bn |
| Jun 30, 2013 | 4.20 Bn |
| Mar 31, 2013 | 3.98 Bn |
| Mar 31, 2013 | 3.98 Bn |
| Dec 31, 2012 | 4.33 Bn |
| Dec 31, 2012 | 4.33 Bn |
| Sep 30, 2012 | 4.32 Bn |
| Sep 30, 2012 | 4.32 Bn |
| Jun 30, 2012 | 4.35 Bn |
| Jun 30, 2012 | 4.35 Bn |
| Mar 31, 2012 | 4.25 Bn |
| Mar 31, 2012 | 4.25 Bn |
| Dec 31, 2011 | 4.55 Bn |
| Dec 31, 2011 | 4.55 Bn |
| Sep 30, 2011 | 4.83 Bn |
| Sep 30, 2011 | 4.83 Bn |
| Jun 30, 2011 | 4.71 Bn |
| Jun 30, 2011 | 4.71 Bn |
| Mar 31, 2011 | 4.21 Bn |
| Mar 31, 2011 | 4.21 Bn |
| Dec 31, 2010 | 4.30 Bn |
| Dec 31, 2010 | 4.30 Bn |
| Sep 30, 2010 | 4.13 Bn |
| Sep 30, 2010 | 4.13 Bn |
| Jun 30, 2010 | 3.79 Bn |
| Jun 30, 2010 | 3.79 Bn |
| Mar 31, 2010 | 3.40 Bn |
| Mar 31, 2010 | 3.40 Bn |
| Dec 31, 2009 | 3.66 Bn |
| Dec 31, 2009 | 3.66 Bn |
| Sep 30, 2009 | 3.49 Bn |
| Sep 30, 2009 | 3.49 Bn |
| Jun 30, 2009 | 3.10 Bn |
| Jun 30, 2009 | 3.10 Bn |