Logotype for ManpowerGroup Inc

ManpowerGroup (MAN) investor relations material

ManpowerGroup Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for ManpowerGroup Inc
Q3 2025 earnings summary16 Oct, 2025

Executive summary

  • Revenue returned to organic constant currency growth after 11 quarters of declines, driven by stabilization in North America and Europe and strong momentum in Latin America and APME.

  • AI investments, especially the Sophie AI platform, are driving measurable commercial impact and improving win rates, particularly in enterprise client acquisition.

  • Cost containment, operational efficiency, and digital transformation remain top priorities, with significant progress in back office standardization and ongoing front office optimization.

  • Recognized as a leader in staffing and workforce solutions by Everest Group, highlighting technology and market leadership.

  • Labor markets in Europe and North America remain cautious but show signs of stabilization, while APME and Latin America continue to grow.

Financial highlights

  • Q3 revenue was $4.6 billion (system-wide $4.9 billion), down 2% year-over-year in constant currency and up 1% organically; gross profit margin was 16.6%.

  • Adjusted EBITDA was $96 million, down 22% year-over-year in constant currency; adjusted EBITDA margin was 2.1%.

  • Adjusted EPS was $0.83, down 39% year-over-year in constant currency; reported EPS was $0.38, impacted by $21.4 million in restructuring costs and a $1.1 million non-cash currency charge.

  • Free cash flow for Q3 was $45 million, with expectations for a strong Q4 cash flow.

  • Operating profit for Q3 was $66.6 million, down 6.1% year-over-year.

Outlook and guidance

  • Q4 2025 EPS guidance is $0.78–$0.88, including a favorable $0.08 per share FX impact and a 46.5% effective tax rate.

  • Constant currency revenue guidance for Q4 is between a 2% decrease and a 2% increase, with a flat trend at the midpoint.

  • Gross profit margin guidance for Q4 is 16.4–16.6%; EBITDA margin is projected to be flat year-over-year.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next ManpowerGroup earnings date

Logotype for ManpowerGroup Inc
Q4 202529 Jan, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next ManpowerGroup earnings date

Logotype for ManpowerGroup Inc
Q4 202529 Jan, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. It offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage