Kelly Services Quarterly Cash Flow Statement
NASDAQ: KELYAIndustrialsStaffing & Employment ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Kelly Services free cash flow
In the quarter ended Jun 28, 2026, Kelly Services generated $49.2 million of operating cash flow and spent $1.5 million on capital expenditures. That left free cash flow of $47.7 million, a free-cash-flow margin of 4.6% of revenue. Free cash flow was down 48.9% from the prior year's $93.4 million.
Kelly Services returned $2.8 million to shareholders through dividends, equal to 6% of free cash flow. Free cash flow covered dividend payments 17.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Kelly Services cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-28 | Q1 20262026-03-29 | Q4 20252025-12-28 | Q3 20252025-09-28 | Q2 20252025-06-29 | Q1 20252025-03-30 | Q4 20242024-12-29 | Q3 20242024-09-29 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-10-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 11.40M | -5.90M | -128.80M | -150.10M | 19.00M | 5.80M | -31.80M | 800.00K | 4.60M | 25.80M | 11.40M | 6.60M |
| Net Income growth (YoY) | -40.00% | -201.72% | — | -18862.50% | +313.04% | -77.52% | -378.95% | -87.88% | -38.67% | +136.70% | — | — |
| Depreciation & Amortization | 9.80M | 9.90M | 10.40M | 10.50M | 10.50M | 11.00M | 11.50M | 11.10M | 9.60M | 8.00M | 8.30M | 8.40M |
| Stock-Based Compensation | 3.40M | 3.40M | 2.50M | 2.60M | 3.50M | 3.70M | 3.30M | 3.30M | 2.40M | 2.80M | 1.80M | 2.30M |
| Change in Working Capital | 27.70M | -44.10M | — | -34.90M | 63.20M | -1.90M | -2.30M | -53.40M | 30.30M | -51.80M | 37.80M | -12.30M |
| Operating Cash Flow | 49.20M | -25.40M | 28.60M | -25.30M | 95.40M | 23.90M | 15.00M | -20.30M | 57.70M | -25.50M | 43.30M | 10.00M |
| Capital Expenditures | -1.50M | -1.10M | -1.70M | -2.30M | -2.00M | -2.50M | -2.00M | -2.40M | -3.00M | -3.70M | -2.90M | -3.10M |
| Investing Cash Flow | 1.40M | -1.20M | 400.00K | -2.80M | 21.50M | 3.20M | -6.10M | -2.40M | -425.20M | 72.10M | -3.30M | -3.10M |
| Dividends Paid | -2.80M | -2.70M | -2.70M | -2.80M | -2.70M | -2.80M | -2.70M | -2.80M | -2.70M | -2.70M | -2.70M | -2.70M |
| Share Repurchases | — | — | — | — | — | — | — | 0 | 0 | 0 | — | -7.40M |
| Debt Issued | 329.30M | 389.50M | 419.80M | 403.80M | 362.10M | 412.30M | 491.20M | 470.40M | 378.60M | 0 | 0 | 0 |
| Debt Repaid | -381.70M | -360.90M | -436.30M | -359.70M | -492.40M | -447.10M | -480.00M | -452.60M | -168.20M | 0 | 0 | 0 |
| Financing Cash Flow | -55.40M | 24.20M | -29.70M | 41.30M | -133.20M | -39.50M | -2.50M | 15.70M | 206.30M | -4.70M | -3.00M | -11.20M |
| Net Change in Cash | -1.50M | -8.20M | 2.30M | 10.90M | -10.00M | -11.10M | 5.20M | -5.20M | -163.30M | 41.30M | 41.10M | -8.00M |
| Free Cash Flow | 47.70M | -26.50M | 26.90M | -27.60M | 93.40M | 21.40M | 13.00M | -22.70M | 54.70M | -29.20M | 40.40M | 6.90M |
This table shows 12 quarterly periods of Kelly Services's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow KELYA's reporting calendar. What is a cash flow statement?