v3.25.2
Revenue
 6 Months Ended
Jun. 29, 2025
Revenue from Contract with Customer [Abstract]  
Revenue
2. Revenue
Revenue Disaggregated by Service Type

In 2025, Kelly has three operating segments: Enterprise Talent Management (“ETM”), Science, Engineering & Technology (“SET”), and Education. The ETM segment combines two former reportable segments, Professional & Industrial (“P&I”) and Outsourcing & Consulting Group (“OCG”), along with the transfer of certain customers from the SET segment to better align delivery models and improve go-to-market strategies (see Segment Disclosures footnote). In the first quarter of 2025, the Company also integrated the Sevenstep business—acquired as part of the Motion Recruitment Partners, LLC (“MRP”) acquisition and which had previously been included in the SET segment—into the ETM segment as part of the broader MRP integration strategy. The Company's segments deliver talent through staffing services, permanent placement or outcome-based services. The Company's ETM segment also delivers talent solutions including managed service provider (“MSP”), payroll process outsourcing (“PPO”), and recruitment process outsourcing (“RPO”). The 2024 ETM and SET segment information has been recast to conform to the new structure.

The following tables present the Company's segment revenues disaggregated by service type (in millions of dollars):

Second Quarter 2025
Staffing ServicesOutcome-based ServicesTalent SolutionsPermanent PlacementTotal
Enterprise Talent Management$269.6 $120.8 $126.9 $2.9 $520.2 
Science, Engineering & Technology200.7 107.3 — 9.3 317.3 
Education262.7 — — 2.6 265.3 
Total Segment Revenue$733.0 $228.1 $126.9 $14.8 $1,102.8 
Intersegment(1.0)
Total Revenue from Services$1,101.8 

Second Quarter 2024
Staffing ServicesOutcome-based ServicesTalent SolutionsPermanent PlacementTotal
Enterprise Talent Management$292.2 $128.8 $117.9 $2.3 $541.2 
Science, Engineering & Technology164.7 95.2 — 5.8 265.7 
Education248.5 — — 2.6 251.1 
Total Segment Revenue$705.4 $224.0 $117.9 $10.7 $1,058.0 
Intersegment(0.5)
Total Revenue from Services$1,057.5 
June Year-to-Date 2025
Staffing ServicesOutcome-based ServicesTalent SolutionsPermanent PlacementTotal
Enterprise Talent Management$550.3 $254.0 $244.7 $5.2 $1,054.2 
Science, Engineering & Technology405.6 216.7 — 17.4 639.7 
Education570.6 — — 3.7 574.3 
Total Segment Revenue$1,526.5 $470.7 $244.7 $26.3 $2,268.2 
Intersegment(1.5)
Total Revenue from Services$2,266.7 

June Year-to-Date 2024
Staffing ServicesOutcome-based ServicesTalent SolutionsPermanent PlacementTotal
Enterprise Talent Management$578.1 $259.6 $222.6 $5.0 $1,065.3 
Science, Engineering & Technology304.7 182.6 — 10.0 497.3 
Education537.3 — — 3.7 541.0 
Total Segment Revenue$1,420.1 $442.2 $222.6 $18.7 $2,103.6 
Intersegment(1.0)
Total Revenue from Services$2,102.6 
Revenue Disaggregated by Geography

The Company's operations are subject to different economic and regulatory environments depending on geographic location. The Company's Education segment operates in the Americas region, the SET segment operates in the Americas and Europe regions, and the ETM segment operates in the Americas, Europe and Asia-Pacific regions.

The table below presents the Company's revenues disaggregated by geography (in millions of dollars):

Second QuarterJune Year-to-Date
2025202420252024
Americas
United States$986.9 $944.2 $2,043.5 $1,877.8 
Other86.2 90.0 169.5 179.2 
Total Americas Region1,073.1 1,034.2 2,213.0 2,057.0 
Total Europe Region11.9 10.8 21.5 21.6 
Total Asia-Pacific Region16.8 12.5 32.2 24.0 
Total Kelly Services, Inc.$1,101.8 $1,057.5 $2,266.7 $2,102.6 


Deferred Costs
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $0.1 million as of second quarter-end 2025 and $1.8 million as of year-end 2024. Amortization expense for the deferred costs in the second quarter and June year-to-date 2025 was $0.6 million and $1.8 million, respectively. Amortization expense for the deferred costs in the second quarter and June year-to-date 2024 was $1.7 million and $4.1 million, respectively.