vs

Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and KELLY SERVICES INC (KELYA). Click either name above to swap in a different company.

eXp World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× KELLY SERVICES INC). On growth, eXp World Holdings, Inc. posted the faster year-over-year revenue change (8.5% vs -3.3%). KELLY SERVICES INC produced more free cash flow last quarter ($13.0M vs $11.9M). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs -3.1%).

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

Kelly Services, Inc. is an American multinational office staffing company. The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan.

EXPI vs KELYA — Head-to-Head

Bigger by revenue
EXPI
EXPI
1.0× larger
EXPI
$1.2B
$1.2B
KELYA
Growing faster (revenue YoY)
EXPI
EXPI
+11.9% gap
EXPI
8.5%
-3.3%
KELYA
More free cash flow
KELYA
KELYA
$1.1M more FCF
KELYA
$13.0M
$11.9M
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
-3.1%
KELYA

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
EXPI
EXPI
KELYA
KELYA
Revenue
$1.2B
$1.2B
Net Profit
$-12.9M
Gross Margin
20.3%
Operating Margin
-1.1%
-4.8%
Net Margin
-1.1%
Revenue YoY
8.5%
-3.3%
Net Profit YoY
-35.7%
EPS (diluted)
$-0.08
$-0.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPI
EXPI
KELYA
KELYA
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$954.9M
Q4 24
$1.1B
$1.2B
Q3 24
$1.2B
$1.0B
Q2 24
$1.3B
$1.1B
Q1 24
$943.1M
$1.0B
Net Profit
EXPI
EXPI
KELYA
KELYA
Q4 25
$-12.9M
Q3 25
$3.5M
Q2 25
$-2.3M
Q1 25
$-11.0M
Q4 24
$-9.5M
Q3 24
$-8.5M
$800.0K
Q2 24
$12.4M
$4.6M
Q1 24
$-15.6M
$25.8M
Gross Margin
EXPI
EXPI
KELYA
KELYA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
20.3%
Q3 24
99.9%
21.4%
Q2 24
99.9%
20.2%
Q1 24
19.7%
Operating Margin
EXPI
EXPI
KELYA
KELYA
Q4 25
-1.1%
Q3 25
0.3%
Q2 25
-0.2%
Q1 25
-1.1%
Q4 24
-1.0%
-4.8%
Q3 24
-0.7%
0.3%
Q2 24
1.4%
1.2%
Q1 24
-1.9%
2.6%
Net Margin
EXPI
EXPI
KELYA
KELYA
Q4 25
-1.1%
Q3 25
0.3%
Q2 25
-0.2%
Q1 25
-1.2%
Q4 24
-0.9%
Q3 24
-0.7%
0.1%
Q2 24
1.0%
0.4%
Q1 24
-1.7%
2.5%
EPS (diluted)
EXPI
EXPI
KELYA
KELYA
Q4 25
$-0.08
Q3 25
$0.02
Q2 25
$-0.01
Q1 25
$-0.07
Q4 24
$-0.06
$-0.86
Q3 24
$-0.06
$0.02
Q2 24
$0.08
$0.12
Q1 24
$-0.10
$0.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPI
EXPI
KELYA
KELYA
Cash + ST InvestmentsLiquidity on hand
$124.2M
$39.0M
Total DebtLower is stronger
$239.4M
Stockholders' EquityBook value
$242.8M
$1.2B
Total Assets
$442.5M
$2.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
KELYA
KELYA
Q4 25
$124.2M
Q3 25
$112.8M
Q2 25
$94.6M
Q1 25
$115.7M
Q4 24
$113.6M
$39.0M
Q3 24
$130.4M
$32.8M
Q2 24
$108.4M
$38.2M
Q1 24
$109.2M
$200.7M
Total Debt
EXPI
EXPI
KELYA
KELYA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$239.4M
Q3 24
$228.2M
Q2 24
$210.4M
Q1 24
Stockholders' Equity
EXPI
EXPI
KELYA
KELYA
Q4 25
$242.8M
Q3 25
$235.3M
Q2 25
$218.4M
Q1 25
$212.0M
Q4 24
$204.9M
$1.2B
Q3 24
$211.1M
$1.3B
Q2 24
$220.3M
$1.3B
Q1 24
$222.4M
$1.3B
Total Assets
EXPI
EXPI
KELYA
KELYA
Q4 25
$442.5M
Q3 25
$458.7M
Q2 25
$481.2M
Q1 25
$435.8M
Q4 24
$390.7M
$2.6B
Q3 24
$432.6M
$2.7B
Q2 24
$457.4M
$2.6B
Q1 24
$426.7M
$2.4B
Debt / Equity
EXPI
EXPI
KELYA
KELYA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
Q3 24
0.18×
Q2 24
0.16×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPI
EXPI
KELYA
KELYA
Operating Cash FlowLast quarter
$13.8M
$15.0M
Free Cash FlowOCF − Capex
$11.9M
$13.0M
FCF MarginFCF / Revenue
1.0%
1.1%
Capex IntensityCapex / Revenue
0.2%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
KELYA
KELYA
Q4 25
$13.8M
Q3 25
$28.9M
Q2 25
$36.1M
Q1 25
$39.8M
Q4 24
$13.7M
$15.0M
Q3 24
$46.0M
$-20.3M
Q2 24
$71.1M
$57.7M
Q1 24
$60.7M
$-25.5M
Free Cash Flow
EXPI
EXPI
KELYA
KELYA
Q4 25
$11.9M
Q3 25
$26.6M
Q2 25
$33.3M
Q1 25
$37.3M
Q4 24
$11.6M
$13.0M
Q3 24
$44.4M
$-22.7M
Q2 24
$69.7M
$54.7M
Q1 24
$59.3M
$-29.2M
FCF Margin
EXPI
EXPI
KELYA
KELYA
Q4 25
1.0%
Q3 25
2.0%
Q2 25
2.5%
Q1 25
3.9%
Q4 24
1.1%
1.1%
Q3 24
3.6%
-2.2%
Q2 24
5.4%
5.2%
Q1 24
6.3%
-2.8%
Capex Intensity
EXPI
EXPI
KELYA
KELYA
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.2%
0.2%
Q3 24
0.1%
0.2%
Q2 24
0.1%
0.3%
Q1 24
0.1%
0.4%
Cash Conversion
EXPI
EXPI
KELYA
KELYA
Q4 25
Q3 25
8.26×
Q2 25
Q1 25
Q4 24
Q3 24
-25.38×
Q2 24
5.75×
12.54×
Q1 24
-0.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

KELYA
KELYA

Science Engineering Technology$295.8M25%
Education$293.1M25%
Staffing Services$237.7M20%
Other$138.8M12%
Talent Solutions$120.5M10%
Outcome Based Services$103.6M9%
Permanent Placement$1.6M0%

Related Comparisons