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Side-by-side financial comparison of KELLY SERVICES INC (KELYA) and INSPERITY, INC. (NSP). Click either name above to swap in a different company.

INSPERITY, INC. is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.4× KELLY SERVICES INC). On growth, INSPERITY, INC. posted the faster year-over-year revenue change (3.4% vs -3.3%). INSPERITY, INC. produced more free cash flow last quarter ($246.0M vs $13.0M). Over the past eight quarters, KELLY SERVICES INC's revenue compounded faster (-3.1% CAGR vs -3.8%).

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.

Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.

KELYA vs NSP — Head-to-Head

Bigger by revenue
NSP
NSP
1.4× larger
NSP
$1.7B
$1.2B
KELYA
Growing faster (revenue YoY)
NSP
NSP
+6.7% gap
NSP
3.4%
-3.3%
KELYA
More free cash flow
NSP
NSP
$233.0M more FCF
NSP
$246.0M
$13.0M
KELYA
Faster 2-yr revenue CAGR
KELYA
KELYA
Annualised
KELYA
-3.1%
-3.8%
NSP

Income Statement — Q4 2025 vs Q4 2025

Metric
KELYA
KELYA
NSP
NSP
Revenue
$1.2B
$1.7B
Net Profit
Gross Margin
20.3%
10.3%
Operating Margin
-4.8%
-2.8%
Net Margin
Revenue YoY
-3.3%
3.4%
Net Profit YoY
EPS (diluted)
$-0.86
$-0.87

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
KELYA
KELYA
NSP
NSP
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$1.9B
Q4 24
$1.2B
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$1.1B
$1.6B
Q1 24
$1.0B
$1.8B
Net Profit
KELYA
KELYA
NSP
NSP
Q4 25
Q3 25
$-20.0M
Q2 25
$-5.0M
Q1 25
$51.0M
Q4 24
Q3 24
$800.0K
$3.0M
Q2 24
$4.6M
$18.0M
Q1 24
$25.8M
$79.0M
Gross Margin
KELYA
KELYA
NSP
NSP
Q4 25
10.3%
Q3 25
12.0%
Q2 25
13.4%
Q1 25
16.6%
Q4 24
20.3%
13.5%
Q3 24
21.4%
14.7%
Q2 24
20.2%
16.2%
Q1 24
19.7%
19.1%
Operating Margin
KELYA
KELYA
NSP
NSP
Q4 25
-2.8%
Q3 25
-1.5%
Q2 25
-0.4%
Q1 25
3.7%
Q4 24
-4.8%
-0.9%
Q3 24
0.3%
0.1%
Q2 24
1.2%
1.4%
Q1 24
2.6%
6.0%
Net Margin
KELYA
KELYA
NSP
NSP
Q4 25
Q3 25
-1.2%
Q2 25
-0.3%
Q1 25
2.7%
Q4 24
Q3 24
0.1%
0.2%
Q2 24
0.4%
1.1%
Q1 24
2.5%
4.4%
EPS (diluted)
KELYA
KELYA
NSP
NSP
Q4 25
$-0.87
Q3 25
$-0.53
Q2 25
$-0.14
Q1 25
$1.35
Q4 24
$-0.86
$-0.21
Q3 24
$0.02
$0.07
Q2 24
$0.12
$0.48
Q1 24
$0.70
$2.08

Balance Sheet & Financial Strength

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

Metric
KELYA
KELYA
NSP
NSP
Cash + ST InvestmentsLiquidity on hand
$39.0M
$682.0M
Total DebtLower is stronger
$239.4M
Stockholders' EquityBook value
$1.2B
$46.0M
Total Assets
$2.6B
$2.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KELYA
KELYA
NSP
NSP
Q4 25
$682.0M
Q3 25
$521.0M
Q2 25
$511.0M
Q1 25
$684.0M
Q4 24
$39.0M
$1.2B
Q3 24
$32.8M
$596.0M
Q2 24
$38.2M
$850.0M
Q1 24
$200.7M
$801.0M
Total Debt
KELYA
KELYA
NSP
NSP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$239.4M
Q3 24
$228.2M
Q2 24
$210.4M
Q1 24
Stockholders' Equity
KELYA
KELYA
NSP
NSP
Q4 25
$46.0M
Q3 25
$87.0M
Q2 25
$112.0M
Q1 25
$119.0M
Q4 24
$1.2B
$97.0M
Q3 24
$1.3B
$125.0M
Q2 24
$1.3B
$142.0M
Q1 24
$1.3B
$140.0M
Total Assets
KELYA
KELYA
NSP
NSP
Q4 25
$2.2B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.6B
$2.6B
Q3 24
$2.7B
$1.9B
Q2 24
$2.6B
$2.1B
Q1 24
$2.4B
$2.1B
Debt / Equity
KELYA
KELYA
NSP
NSP
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
KELYA
KELYA
NSP
NSP
Operating Cash FlowLast quarter
$15.0M
$255.0M
Free Cash FlowOCF − Capex
$13.0M
$246.0M
FCF MarginFCF / Revenue
1.1%
14.7%
Capex IntensityCapex / Revenue
0.2%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$-309.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KELYA
KELYA
NSP
NSP
Q4 25
$255.0M
Q3 25
$-11.0M
Q2 25
$-79.0M
Q1 25
$-443.0M
Q4 24
$15.0M
$619.0M
Q3 24
$-20.3M
$-150.0M
Q2 24
$57.7M
$20.0M
Q1 24
$-25.5M
$31.0M
Free Cash Flow
KELYA
KELYA
NSP
NSP
Q4 25
$246.0M
Q3 25
$-20.0M
Q2 25
$-86.0M
Q1 25
$-449.0M
Q4 24
$13.0M
$606.0M
Q3 24
$-22.7M
$-164.0M
Q2 24
$54.7M
$14.0M
Q1 24
$-29.2M
$26.0M
FCF Margin
KELYA
KELYA
NSP
NSP
Q4 25
14.7%
Q3 25
-1.2%
Q2 25
-5.2%
Q1 25
-24.1%
Q4 24
1.1%
37.6%
Q3 24
-2.2%
-10.5%
Q2 24
5.2%
0.9%
Q1 24
-2.8%
1.4%
Capex Intensity
KELYA
KELYA
NSP
NSP
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.2%
0.8%
Q3 24
0.2%
0.9%
Q2 24
0.3%
0.4%
Q1 24
0.4%
0.3%
Cash Conversion
KELYA
KELYA
NSP
NSP
Q4 25
Q3 25
Q2 25
Q1 25
-8.69×
Q4 24
Q3 24
-25.38×
-50.00×
Q2 24
12.54×
1.11×
Q1 24
-0.99×
0.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

NSP
NSP

Northeast$455.0M27%
West$339.0M20%
Southwest$317.0M19%
Central$299.0M18%
Southeast$241.0M14%
Other Revenues$17.0M1%

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