2. Revenue
Revenue Disaggregated by Service Type
Kelly has three operating segments: Enterprise Talent Management (“ETM”), Science, Engineering & Technology (“SET”), and Education. In the first quarter of 2026, the Company aligned government customers from the ETM segment to the SET segment to better position the services within the Company’s segment structure (see Segment Disclosures footnote). 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 2025 ETM and SET segment information has been recast to conform to the new alignment.
The following tables present the Company's segment revenues disaggregated by service type:
| | | | | | | | | | | | | | | | | | | Second Quarter 2026 | | Staffing Services | Outcome-based Services | Talent Solutions | Permanent Placement | Total | | Enterprise Talent Management | $ | 239.3 | | $ | 109.6 | | $ | 134.9 | | $ | 1.7 | | $ | 485.5 | | | Science, Engineering & Technology | 172.9 | | 118.7 | | — | | 10.0 | | 301.6 | | | Education | 251.5 | | — | | — | | 2.0 | | 253.5 | | | Total Segment Revenue | $ | 663.7 | | $ | 228.3 | | $ | 134.9 | | $ | 13.7 | | $ | 1,040.6 | | | Intersegment | | | | | (2.4) | | | Total Revenue from Services | | | | | $ | 1,038.2 | |
| | | | | | | | | | | | | | | | | | | Second Quarter 2025 | | | | | | | | Staffing Services | Outcome-based Services | Talent Solutions | Permanent Placement | Total | | Enterprise Talent Management | $ | 265.8 | | $ | 120.8 | | $ | 126.9 | | $ | 2.9 | | $ | 516.4 | | | Science, Engineering & Technology | 204.5 | | 107.3 | | — | | 9.3 | | 321.1 | | | Education | 262.7 | | — | | — | | 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 | |
| | | | | | | | | | | | | | | | | | | June Year-to-Date 2026 | | | | | | | | Staffing Services | Outcome-based Services | Talent Solutions | Permanent Placement | Total | | | | | | | | Enterprise Talent Management | $ | 468.6 | | $ | 216.4 | | $ | 256.2 | | $ | 3.5 | | $ | 944.7 | | | Science, Engineering & Technology | 341.5 | | 230.9 | | — | | 18.4 | | 590.8 | | | Education | 544.9 | | — | | — | | 2.7 | | 547.6 | | | Total Segment Revenue | $ | 1,355.0 | | $ | 447.3 | | $ | 256.2 | | $ | 24.6 | | $ | 2,083.1 | | | Intersegment | | | | | (4.2) | | | Total Revenue from Services | | | | | $ | 2,078.9 | |
| | | | | | | | | | | | | | | | | | | June Year-to-Date 2025 | | | | | | | | Staffing Services | Outcome-based Services | Talent Solutions | Permanent Placement | Total | | | | | | | | Enterprise Talent Management | $ | 541.6 | | $ | 254.0 | | $ | 244.7 | | $ | 5.2 | | $ | 1,045.5 | | | Science, Engineering & Technology | 414.3 | | 216.7 | | — | | 17.4 | | 648.4 | | | Education | 570.6 | | — | | — | | 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 | |
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:
| | | | | | | | | | | | | | | | Second Quarter | June Year-to-Date | | 2026 | 2025 | 2026 | 2025 | | Americas | | | | | | United States | $ | 932.7 | | $ | 986.9 | | $ | 1,871.3 | | $ | 2,043.5 | | | Other | 75.6 | | 86.2 | | 149.9 | | 169.5 | | | | | | | | | | | | | | | | | | Total Americas Region | 1,008.3 | | 1,073.1 | | 2,021.2 | | 2,213.0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Europe Region | 13.4 | | 11.9 | | 25.6 | | 21.5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Asia-Pacific Region | 16.5 | | 16.8 | | 32.1 | | 32.2 | | | Total Kelly Services, Inc. | $ | 1,038.2 | | $ | 1,101.8 | | $ | 2,078.9 | | $ | 2,266.7 | |
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