TriNet Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	155	173	375	355	338
Depreciation & Amortization	26	45	48	64	42
Other Amortization	101	92	82	73	64
Loss (Gain) From Sale of Assets	-	-	-	6	-
Asset Writedown & Restructuring Costs	5	28	7	-	-
Loss (Gain) From Sale of Investments	-	-	-	18	-
Stock-Based Compensation	65	65	59	62	50
Provision & Write-off of Bad Debts	-	-	-	2	-
Other Operating Activities	40	-9	-4	-30	-16
Change in Accounts Receivable	-	-2	-3	4	-75
Change in Accounts Payable	-4	-	-11	-13	33
Change in Other Net Operating Assets	-85	-113	-14	-44	-218
Operating Cash Flow	303	279	539	497	218
Operating Cash Flow Growth	8.60%	-48.24%	8.45%	127.98%	-60.07%
Capital Expenditures	-69	-78	-75	-56	-40
Cash Acquisitions	-	-	-	-229	-
Divestitures	1	-	-	-	-
Investment in Securities	-	-	-5	59	-95
Other Investing Activities	25	231	10	-	-
Investing Cash Flow	-43	153	-70	-226	-135
Short-Term Debt Issued	-	-	695	-	-
Long-Term Debt Issued	-	-	400	-	500
Total Debt Issued	-	-	1,095	-	500
Short-Term Debt Repaid	-90	-110	-495	-	-
Long-Term Debt Repaid	-	-	-	-	-370
Total Debt Repaid	-90	-110	-495	-	-370
Net Debt Issued (Repaid)	-90	-110	600	-	130
Issuance of Common Stock	11	12	15	11	11
Repurchase of Common Stock	-199	-211	-1,152	-547	-120
Common Dividends Paid	-52	-37	-	-	-
Other Financing Activities	281	139	-3	65	-9
Financing Cash Flow	-49	-207	-540	-471	12
Foreign Exchange Rate Adjustments	-	-	-	-1	-
Net Cash Flow	211	225	-71	-201	95
Free Cash Flow	234	201	464	441	178
Free Cash Flow Growth	16.42%	-56.68%	5.21%	147.75%	-65.10%
Free Cash Flow Margin	4.73%	4.03%	9.43%	9.03%	3.92%
Free Cash Flow Per Share	4.78	4.02	8.14	6.89	2.66
Cash Interest Paid	52	59	25	18	12
Cash Income Tax Paid	27	76	114	128	129
Levered Free Cash Flow	196.63	214.88	429.75	505.25	393.25
Unlevered Free Cash Flow	231.63	253.63	454.75	519	405.75
Change in Working Capital	-89	-115	-28	-53	-260

Source: S&P Global Market Intelligence. Standard template. Financial Sources.