TriNet Group, Inc. (TNET)
NYSE: TNET · Real-Time Price · USD
70.48
+1.78 (2.59%)
At close: Aug 21, 2026, 4:00 PM EDT
70.48
0.00 (0.00%)
After-hours: Aug 21, 2026, 4:10 PM EDT
TriNet Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 175 | 155 | 173 | 375 | 355 | 338 |
Depreciation & Amortization | 30 | 26 | 45 | 48 | 54 | 42 |
Other Amortization | 104 | 101 | 92 | 82 | 73 | 64 |
Loss (Gain) From Sale of Assets | -1 | - | - | - | 6 | - |
Asset Writedown & Restructuring Costs | 5 | 5 | 28 | 7 | - | - |
Loss (Gain) From Sale of Investments | - | - | - | - | 18 | - |
Stock-Based Compensation | 67 | 65 | 65 | 59 | 62 | 50 |
Provision & Write-off of Bad Debts | - | - | - | - | 2 | - |
Other Operating Activities | 40 | 40 | -9 | -4 | -20 | -16 |
Change in Accounts Receivable | - | - | -2 | -3 | 4 | -75 |
Change in Accounts Payable | 12 | -4 | - | -11 | -13 | 33 |
Change in Other Net Operating Assets | -62 | -85 | -113 | -14 | -44 | -218 |
Operating Cash Flow | 370 | 303 | 279 | 539 | 497 | 218 |
Operating Cash Flow Growth | 15.99% | 8.60% | -48.24% | 8.45% | 127.98% | -60.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -82 | -69 | -78 | -75 | -56 | -40 |
Cash Acquisitions | -22 | - | - | - | -229 | - |
Divestitures | - | 1 | - | - | - | - |
Investment in Securities | - | - | - | -5 | 59 | -95 |
Other Investing Activities | -16 | 25 | 231 | 10 | - | - |
Investing Cash Flow | -120 | -43 | 153 | -70 | -226 | -135 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
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 | -90 | -110 | -495 | - | -370 |
Net Debt Issued (Repaid) | -90 | -90 | -110 | 600 | - | 130 |
Issuance of Common Stock | 9 | 11 | 12 | 15 | 11 | 11 |
Repurchase of Common Stock | -181 | -199 | -211 | -1,152 | -547 | -120 |
Common Dividends Paid | -52 | -52 | -37 | - | - | - |
Other Financing Activities | -64 | 281 | 139 | -3 | 65 | -9 |
Financing Cash Flow | -378 | -49 | -207 | -540 | -471 | 12 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -1 | - | - | - | -1 | - |
Net Cash Flow | -129 | 211 | 225 | -71 | -201 | 95 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 288 | 234 | 201 | 464 | 441 | 178 |
Free Cash Flow Growth | 19.01% | 16.42% | -56.68% | 5.21% | 147.75% | -65.10% |
Free Cash Flow Margin | 5.97% | 4.73% | 4.03% | 9.43% | 9.03% | 3.92% |
Free Cash Flow Per Share | 6.00 | 4.78 | 4.02 | 8.14 | 6.89 | 2.66 |
Levered Free Cash Flow | 264.5 | 196.63 | 214.88 | 429.75 | 495.25 | 393.25 |
Unlevered Free Cash Flow | 298.25 | 231.63 | 253.63 | 454.75 | 509 | 405.75 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 50 | 52 | 59 | 25 | 18 | 12 |
Cash Income Tax Paid | 9 | 27 | 76 | 114 | 128 | 129 |
Change in Working Capital | -50 | -89 | -115 | -28 | -53 | -260 |