TriNet Group, Inc. (TNET)

TriNet Group 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 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,993	4,989	4,922	4,885	4,540	4,034
Revenue Growth (YoY)	0.73%	1.36%	0.76%	7.60%	12.54%	4.62%
Cost of Revenue	4,155	4,101	3,820	3,766	3,603	3,241
Gross Profit	838	888	1,102	1,119	937	793
Selling, General & Admin	516	521	496	483	378	338
Depreciation & Amortization Expenses	72	75	72	64	54	47
Research & Development	70	68	65	73	50	40
Total Operating Expenses	658	664	633	620	482	425
Operating Income	180	224	469	499	455	368
Interest Income	66	64	72	22	6	10
Interest Expense	-	62	40	39	-20	-21
Total Non-Operating Income (Expense)	66	126	112	61	-14	-11
Pretax Income	187	226	501	482	441	357
Provision for Income Taxes	43	53	126	127	103	85
Net Income	144	173	375	355	338	272
Net Income to Common	144	173	375	355	338	272
Net Income Growth	-53.85%	-53.87%	5.63%	5.03%	24.27%	28.30%
Shares Outstanding (Basic)	49	50	57	63	66	67
Shares Outstanding (Diluted)	49	50	57	64	67	68
Shares Change (YoY)	-7.58%	-12.28%	-10.94%	-4.48%	-1.47%	-4.23%
EPS (Basic)	2.95	3.47	6.61	5.66	5.13	4.03
EPS (Diluted)	2.93	3.43	6.56	5.61	5.07	3.99
EPS Growth	-50.92%	-47.71%	16.93%	10.65%	27.07%	33.45%
Free Cash Flow	242	201	464	441	178	510
Free Cash Flow Growth	20.40%	-56.68%	5.21%	147.75%	-65.10%	19.72%
Free Cash Flow Per Share	4.96	4.02	8.14	6.89	2.66	7.50
Dividends Per Share	1.050	1.000	-	-	-	-
Dividend Growth	5.00%	-	-	-	-	-
Gross Margin	16.78%	17.80%	22.39%	22.91%	20.64%	19.66%
Operating Margin	3.61%	4.49%	9.53%	10.21%	10.02%	9.12%
Profit Margin	2.88%	3.47%	7.62%	7.27%	7.44%	6.74%
FCF Margin	4.85%	4.03%	9.43%	9.03%	3.92%	12.64%
EBITDA	308	354	590	626	552	450
EBITDA Margin	6.17%	7.10%	11.99%	12.81%	12.16%	11.16%
EBIT	180	224	469	499	455	368
EBIT Margin	3.61%	4.49%	9.53%	10.21%	10.02%	9.12%
Effective Tax Rate	22.99%	23.45%	25.15%	26.35%	23.36%	23.81%

Updated Jul 25, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q