TrueBlue, Inc. (TBI)

TrueBlue Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020
Revenue	1,535	1,567	1,906	2,254	2,174	1,846
Revenue Growth (YoY)	-13.01%	-17.78%	-15.43%	3.71%	17.72%	-22.05%
Cost of Revenue	1,155	1,164	1,400	1,652	1,613	1,406
Gross Profit	379.64	403.54	506.06	602.14	560.32	440.65
Selling, General & Admin	395.87	417.67	488.82	500.69	464.32	408.31
Operating Expenses	421.2	446.29	514.64	529.96	491.88	440.34
Operating Income	-41.56	-42.75	-8.58	72.19	68.44	0.31
Interest & Investment Income	2.21	2.45	3.21	1.23	5.41	-
Other Non Operating Income (Expenses)	1.1	1.1	-	-	-	1.62
EBT Excluding Unusual Items	-38.25	-39.2	-5.37	73.42	73.85	1.93
Merger & Restructuring Charges	-0.86	-	-	-	-	-
Impairment of Goodwill	0.03	-59.07	-8.89	-	-	-140.49
Gain (Loss) on Sale of Assets	0.7	0.7	-	-	-	-
Asset Writedown	-0.23	-0.6	-0.6	-	-	-34.7
Other Unusual Items	8.25	9.65	-5.79	-	-	-
Pretax Income	-30.36	-88.52	-20.65	73.42	73.85	-173.26
Income Tax Expense	3.49	37.22	-6.47	11.14	12.22	-31.42
Net Income	-33.85	-125.75	-14.17	62.27	61.63	-141.84
Net Income to Common	-33.85	-125.75	-14.17	62.27	61.63	-141.84
Net Income Growth	-	-	-	1.04%	-	-
Shares Outstanding (Basic)	30	30	31	33	35	35
Shares Outstanding (Diluted)	30	30	31	33	35	35
Shares Change (YoY)	-3.77%	-3.64%	-6.37%	-5.61%	0.19%	-9.74%
EPS (Basic)	-1.14	-4.17	-0.45	1.89	1.77	-4.01
EPS (Diluted)	-1.15	-4.17	-0.45	1.86	1.74	-4.01
EPS Growth	-	-	-	6.90%	-	-
Free Cash Flow	-54.71	-41.21	3.48	89.88	-14.57	125.47
Free Cash Flow Per Share	-1.84	-1.37	0.11	2.69	-0.41	3.55
Gross Margin	24.73%	25.75%	26.55%	26.71%	25.78%	23.87%
Operating Margin	-2.71%	-2.73%	-0.45%	3.20%	3.15%	0.02%
Profit Margin	-2.21%	-8.02%	-0.74%	2.76%	2.84%	-7.68%
Free Cash Flow Margin	-3.56%	-2.63%	0.18%	3.99%	-0.67%	6.79%
EBITDA	-13.34	-13.19	17.24	101.46	96	32.34
EBITDA Margin	-0.87%	-0.84%	0.91%	4.50%	4.42%	1.75%
D&A For EBITDA	28.22	29.56	25.82	29.27	27.56	32.03
EBIT	-41.56	-42.75	-8.58	72.19	68.44	0.31
EBIT Margin	-2.71%	-2.73%	-0.45%	3.20%	3.15%	0.02%
Effective Tax Rate	-	-	-	15.18%	16.54%	-
Advertising Expenses	-	6.1	9.2	12.5	9.7	5.5

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q