v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 28, 2026
Segment Reporting [Abstract]  
Schedule of segment information
The following tables present our revenue from services by segment, with a reconciliation to total Company revenue. The tables also present significant segment expense categories regularly provided to the chief operating decision-maker (“CODM”), our Chief Executive Officer, and included in the calculation of segment profit (loss). Cost of services and SG&A expense for the individual segments, as presented in the tables below, exclude certain costs and benefits that are also excluded from the calculation of segment profit (loss). Lastly, the tables include a reconciliation of segment profit (loss) to loss before tax expense.
Thirteen weeks ended
June 28, 2026
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$262,310 $133,839 $46,852 $443,001 
Cost of services
206,504 113,456 30,495 
Selling, general and administrative expense
47,245 15,425 11,529 
Segment profit$8,561 $4,958 $4,828 $18,347 
Corporate unallocated expense
(6,919)
Amortization of software as a service assets(1,259)
Acquisition/integration costs(10)
Loss on assets held-for-sale(3,026)
Workforce reduction costs
(640)
Other costs, net
(842)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(6,813)
Loss from operations(1,162)
Interest and other income (expense), net(1,320)
Loss before tax expense$(2,482)
Thirteen weeks ended
June 29, 2025
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$213,226 $133,895 $49,178 $396,299 
Cost of services
158,267 113,065 33,469 
Selling, general and administrative expense
53,429 16,729 13,175 
Segment profit$1,530 $4,101 $2,534 $8,165 
Corporate unallocated expense
(5,520)
Third-party processing fees for hiring tax credits60 
Amortization of software as a service assets(1,036)
Goodwill and intangible asset impairment charge(200)
Acquisition/integration costs
(153)
COVID-19 government subsidies, net of fees
8,573 
Workforce reduction costs
(3,445)
Other costs, net
(1,883)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(7,502)
Loss from operations(2,941)
Interest and other income (expense), net2,903 
Loss before tax expense$(38)
Twenty-six weeks ended
June 28, 2026
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$487,363 $261,096 $93,108 $841,567 
Cost of services
384,584 221,960 62,450 
Selling, general and administrative expense
97,520 30,924 23,167 
Segment profit$5,259 $8,212 $7,491 $20,962 
Corporate unallocated expense
(12,584)
Third-party processing fees for hiring tax credits100 
Amortization of software as a service assets(2,518)
Acquisition/integration costs(26)
Loss on assets held-for-sale(3,026)
Goodwill and intangible asset impairment charge(3,656)
Workforce reduction costs
(1,709)
Other costs, net
(2,872)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(13,680)
Loss from operations(19,009)
Interest and other income (expense), net(2,692)
Loss before tax expense$(21,701)
Twenty-six weeks ended
June 29, 2025
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$402,531 $269,427 $94,595 $766,553 
Cost of services
294,790 228,368 64,486 
Selling, general and administrative expense
109,185 34,064 25,623 
Segment profit (loss)$(1,444)$6,995 $4,486 $10,037 
Corporate unallocated expense
(11,314)
Third-party processing fees for hiring tax credits(30)
Amortization of software as a service assets(2,129)
Acquisition/integration costs
(863)
Goodwill and intangible asset impairment charge(200)
COVID-19 government subsidies, net of fees
8,573 
Workforce reduction costs
(4,845)
Other costs, net
(1,981)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(14,312)
Loss from operations(17,064)
Interest and other income (expense), net3,096 
Loss before tax expense$(13,968)
Asset information by reportable segment is not presented as we do not manage our segments on a balance sheet basis.