TriNet Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	159	155	173	375	355	338
Depreciation & Amortization	116	115	119	112	102	85
Stock-Based Compensation	68	65	65	59	62	50
Other Adjustments	57.5	57	37	21	31	5
Change in Receivables	-3	-2	-3	-	4	-75
Changes in Accounts Payable	15	4	-11	-10	-13	33
Changes in Accrued Expenses	22	6	-13	-16	7	55
Changes in Unearned Revenue	23.5	23	-2	-5	-	-37
Changes in Other Operating Activities	-61	-62	-82	-48	-51	-236
Operating Cash Flow	357	303	279	539	497	218
Operating Cash Flow Growth	-53.82%	8.60%	-48.24%	8.45%	127.98%	-60.07%
Capital Expenditures	-79	-69	-78	-75	-56	-40
Purchases of Investments	-76	-78	-190	-281	-410	-444
Proceeds from Sale of Investments	107	103	421	286	469	349
Payments for Business Acquisitions	-	-	-	-	-229	-
Proceeds from Business Divestments	-	1	-	-	-	-
Investing Cash Flow	-48	-43	153	-70	-226	-135
Short-Term Debt Issued	-	-	-	695	-	-
Short-Term Debt Repaid	-90	-90	-110	-495	-	-
Net Short-Term Debt Issued (Repaid)	-90	-90	-110	200	-	-
Long-Term Debt Issued	-	-	-	400	-	500
Long-Term Debt Repaid	-	-	-	-	-	-370
Net Long-Term Debt Issued (Repaid)	-	-	-	400	-	130
Issuance of Common Stock	7.5	11	12	15	11	11
Repurchase of Common Stock	-166	-199	-211	-1,152	-547	-120
Net Common Stock Issued (Repurchased)	-158.5	-188	-199	-1,137	-536	-109
Common Dividends Paid	-53	-52	-37	-	-	-
Other Financing Activities	98	281	139	-3	65	-9
Financing Cash Flow	-200	-49	-207	-540	-471	12
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1	-	-	-	-1	-
Net Cash Flow	108	211	225	-71	-201	95
Free Cash Flow	278	234	201	464	441	178
Free Cash Flow Growth	18.80%	16.42%	-56.68%	5.21%	147.75%	-65.10%
FCF Margin	5.62%	4.67%	3.98%	9.29%	8.99%	3.92%
Free Cash Flow Per Share	5.79	4.78	4.02	8.14	6.89	2.66
Levered Free Cash Flow	105.5	82	-4	933	344	328
Unlevered Free Cash Flow	234.37	212	153.46	362.94	372.72	208.73

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q