TriNet Group Income 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	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
Revenue	4,827	4,943	4,989	4,922	4,885	4,540
Revenue Growth	-3.33%	-0.92%	1.36%	0.76%	7.60%	12.54%
Cost of Revenue	3,951	4,124	4,101	3,820	3,766	3,603
Gross Profit	876	819	888	1,102	1,119	937
Selling, General & Admin	472	465	472	479	446	378
Research & Development	70	71	68	65	73	50
Operating Expenses	610	602	615	616	583	475
Operating Income	266	217	273	486	536	462
Interest Expense	-54	-56	-62	-40	-22	-20
Interest & Investment Income	57	67	64	72	22	6
EBT Excluding Unusual Items	269	228	275	518	536	448
Merger & Restructuring Charges	-21	-11	-49	-17	-37	-
Gain (Loss) on Sale of Investments	-	-	-	-	-17	-
Asset Writedown	-	-	-	-	-	-7
Pretax Income	248	217	226	501	482	441
Income Tax Expense	73	62	53	126	127	103
Net Income	175	155	173	375	355	338
Net Income to Common	175	155	173	375	355	338
Net Income Growth	22.38%	-10.41%	-53.87%	5.63%	5.03%	24.27%
Shares Outstanding (Basic)	47	48	50	57	63	66
Shares Outstanding (Diluted)	48	49	50	57	64	67
Shares Change	-3.03%	-2.00%	-12.28%	-10.94%	-4.48%	-1.47%
EPS (Basic)	3.76	3.23	3.46	6.58	5.63	5.12
EPS (Diluted)	3.72	3.20	3.43	6.56	5.61	5.07
EPS Growth	30.61%	-6.71%	-47.71%	16.93%	10.65%	27.07%

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
Free Cash Flow	288	234	201	464	441	178
Free Cash Flow Per Share	6.00	4.78	4.02	8.14	6.89	2.66
Dividend Per Share	1.130	1.100	1.000	-	-	-
Dividend Growth	7.62%	10.00%	-	-	-	-
Gross Margin	18.15%	16.57%	17.80%	22.39%	22.91%	20.64%
Operating Margin	5.51%	4.39%	5.47%	9.87%	10.97%	10.18%
Profit Margin	3.62%	3.14%	3.47%	7.62%	7.27%	7.45%
Free Cash Flow Margin	5.97%	4.73%	4.03%	9.43%	9.03%	3.92%
EBITDA	288	236	307	525	565	492
EBITDA Margin	5.97%	4.77%	6.15%	10.67%	11.57%	10.84%
D&A For EBITDA	22	19	34	39	29	30
EBIT	266	217	273	486	536	462
EBIT Margin	5.51%	4.39%	5.47%	9.87%	10.97%	10.18%
Effective Tax Rate	29.43%	28.57%	23.45%	25.15%	26.35%	23.36%
Revenue as Reported	4,884	5,010	5,053	4,994	4,907	4,540
Advertising Expenses	-	19	20	37	29	21

SEC Filings: 10-K · 10-Q