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Companies · MAN

MAN Reported this cycle

ManpowerGroup Inc.

Milwaukee, WI Founded 1948 Staffing & Workforce Solutions

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Oct 30, 2026

ManpowerGroup Q3 2026: Revenue inflects to 4.4% growth as Manpower brand surges globally; gross margin compresses 70bps on mix shift away from high-value placements

ManpowerGroup delivered Q3 2026 consolidated revenue of $4,840.0 million, up 4.4% as reported (5.2% constant currency, 5.6% organic constant currency), with the Manpower staffing brand driving broad-based volume growth across the Americas, Northern Europe, Italy, and APME. Operating profit rose 23.7% to $82.3 million as restructuring cost savings and SGA leverage more than offset a 70-basis-point gross margin contraction caused by business mix shift toward lower-margin staffing volume, reduced permanent recruitment activity, and the absence of the higher-margin Jefferson Wells U.S. business divested in 2026. Management characterized 2026 as 'an important inflection point,' with Experis returning to U.S. organic growth and Talent Solutions benefiting from MSP and RPO expansion, though persistent weakness in permanent placement and France's staffing demand remain headwinds.

Tone: mixed

Revenue

$18B

MAN 10-K · FY 2025

Employees

25,400

Revenue FY2024

$17.9B

Founded

1948

Profile

MAN 10-K Item 1 · Feb 23, 2026

ManpowerGroup is a global workforce solutions company operating across more than 70 countries through approximately 2,100 offices. The company provides contingent staffing, permanent recruitment, IT professional resourcing, outsourcing, and talent management services under its Manpower, Experis, and Talent Solutions brands. It serves hundreds of thousands of organizations annually, placing millions of workers and offering AI-enabled assessment and upskilling capabilities.

Read filing description ↓

ManpowerGroup Inc. is a global leader in innovative workforce solutions. Through our network of approximately 2,100 offices in more than 70 countries and territories, we put millions of people to work each year with our global, multinational and local clients across all major industry segments. Our strong and distinct brands provide specialized solutions that drive organizations forward, accelerate individual success and help build more sustainable communities. We power the future of work. By offering a comprehensive range of workforce solutions and services, we help companies improve strategy, quality, and efficiency, increase productivity and reduce costs across their workforce to achieve their business goals. Our expert family of global brands - Manpower, Experis and Talent Solutions - provide innovative workforce solutions across the globe for hundreds of thousands of organizations every year. Manpower is a global leader in contingent staffing and permanent recruitment. Experis is a global leader in information technology professional resourcing and project services specializing in Enterprise Applications, Business Transformation, Cloud and Infrastructure, Digital Workspace and Cyber Security. Talent Solutions delivers integrated and data-driven workforce solutions to help clients more effectively attract, acquire, develop and retain qualified talent through RPO, TAPFIN-MSP and Right Management, seamlessly integrated with the PowerSuite HR tech stack. The rapid expansion and application of AI across the enterprise is enhancing these offerings, making them increasingly predictive, precise and efficient.

Primary products

  • Recruitment and Assessment
  • Upskilling, Reskilling, Training and Development
  • Career Management
  • Outsourcing
  • Workforce Consulting
  • RPO

Business segments

Americas Southern Europe Northern Europe APME

End markets

Advanced manufacturing Information technology Supply chain Customer service Office and industrial Financial and administrative processes

Geographies

Americas Southern Europe Northern Europe Asia Pacific Middle East

Named competitors

The Adecco Group Randstad Recruit Holdings Allegis Group Kelly Services Robert Half Kforce PageGroup
“In addition to us, the largest publicly owned companies specializing in recruitment services are The Adecco Group and Randstad.” Competitive position, as stated in the filing

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

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