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ManpowerGroup Q3 Earnings Rise on $4.8 Billion Revenue

BullishMedium impact
MAN$51.96 0.62%

ManpowerGroup Inc. (MAN) reported third-quarter revenue of $4.8 billion, up 4% compared to the prior-year period and 5% on a constant-currency basis. Diluted earnings per share rose to $0.71 from $0.38 a year earlier, while adjusted earnings per share reached $1.01 after excluding restructuring charges and other one-time items.

The quarterly gains highlight stabilizing operational trends and cost control initiatives, which helped lift profitability despite foreign exchange headwinds. Over the first nine months of the year, total revenue grew 7% to $14.2 billion, with adjusted earnings per share coming in at $2.51. In trading today, the company's shares rose 0.62% to $51.96.

For the fourth quarter, management expects diluted earnings per share in the range of $1.03 to $1.13. This outlook includes an anticipated effective tax rate of 44%. Key areas for investors to monitor going forward include continued margin strength and sustained constant-currency growth.

Key points

  • Q3 revenue reached $4.8 billion, a 4% increase year-over-year or 5% in constant currency.
  • Diluted Q3 EPS increased to $0.71 from $0.38 a year ago, with adjusted EPS reaching $1.01.
  • Nine-month revenue rose 7% to $14.2 billion, yielding $1.89 in unadjusted EPS and $2.51 adjusted.
  • Fourth-quarter guidance projects diluted EPS between $1.03 and $1.13 with a 44% effective tax rate.

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Questions and answers

What were ManpowerGroup Q3 2026 earnings and revenue?

ManpowerGroup reported Q3 revenue of $4.8 billion, up 4% year-over-year, and diluted earnings per share of $0.71, or $1.01 on an adjusted basis.

What is ManpowerGroup guidance for Q4?

The company forecasts fourth-quarter diluted earnings per share between $1.03 and $1.13, incorporating an estimated 44% effective tax rate.

How did ManpowerGroup perform over the first nine months of the year?

Nine-month revenue increased 7% year-over-year to $14.2 billion, with diluted EPS at $1.89 and adjusted EPS reaching $2.51.