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TriNet Group Inc (TNET) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · STAFFING & EMPLOYMENT SERVICES · DATA UPDATED 2026-08-29

TriNet Group Inc (TNET) operates in the STAFFING & EMPLOYMENT SERVICES industry and is headquartered in Dublin, United States with about 302,955 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, TNET reported $5.0B in revenue and $155M in net income.

TriNet Group, Inc. provides comprehensive human capital management services for small and medium-sized businesses in the United States.

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TNET Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Revenue$4.9B$5.0B$5.1B$4.9B$4.9B$4.5B$4.0B$3.9B$3.5B$3.3B$3.1B$2.7B$2.2B$1.6B$1.0B$840M
Gross Profit$933M$886M$952M$1.1B$1.1B$937M$793M$684M$664M$596M$456M$396M$373M$311M$205M$130M
Gross Margin %19.1%17.7%18.8%22.4%22.9%20.6%19.7%17.7%19.0%18.2%14.9%14.9%17.0%18.9%20.2%15.5%
Operating Income (EBIT)$302M$273M$288M$469M$499M$455M$368M$268M$251M$217M$124M$78M$87M$66M$62M$21M
Operating Margin %6.2%5.5%5.7%9.5%10.2%10.0%9.1%7.0%7.2%6.6%4.0%2.9%4.0%4.0%6.1%2.5%
Net Income$175M$155M$173M$375M$355M$338M$272M$212M$192M$178M$61M$32M$15M$13M$32M$15M
Net Margin %3.6%3.1%3.4%7.6%7.3%7.4%6.7%5.5%5.5%5.4%2.0%1.2%0.7%0.8%3.1%1.8%
EBITDA$379M$346M$374M$662M$610M$520M$446M$358M$303M$253M$153M$133M$172M$130M$91M$43M
Earnings Per Share (EPS)$3.71$3.23$3.46$6.58$5.55$5.04$4.00$2.99$2.66$2.49$0.85$0.44$0.26$0.19$0.46$0.21
Shares Outstanding (M)47M48M50M57M64M67M68M71M72M71M72M73M60M68M69M69M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TNET Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.2B$1.2B$1.2B$1.2B$1.2B$1.3B$1.3B$1.2B
Gross Profit$246M$300M$171M$216M$220M$279M$225M$214M
Gross Margin %20.9%24.5%13.7%17.5%17.8%21.6%17.0%17.3%
Operating Income (EBIT)$88M$136M$15M$63M$66M$129M$27M$58M
Operating Margin %7.5%11.1%1.2%5.1%5.3%10.0%2.0%4.7%
Net Income$53M$89M($1M)$34M$37M$85M($23M)$45M
Net Margin %4.5%7.3%-0.1%2.8%3.0%6.6%-1.7%3.6%
EBITDA$109M$155M$33M$82M$83M$148M$4M$93M
Earnings Per Share (EPS)$1.13$1.89$-0.02$0.71$0.76$1.73$-0.46$0.90
Shares Outstanding (M)47M47M48M48M49M49M50M50M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TNET Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Cash from Operations (CFO)$370M$303M$279M$545M$562M$218M$546M$471M($104M)$253M$145M$131M$154M$101M$81M$47M
Capital Expenditures (CapEx)$44M$3M$78M$75M$56M$40M$36M$45M$43M$38M$40M$19M$21M$11M$10M$7M
Free Cash Flow (FCF)$326M$300M$201M$470M$506M$178M$510M$426M($147M)$215M$105M$112M$133M$90M$71M$39M
FCF Margin %6.7%6.0%4.0%9.6%10.4%3.9%12.6%11.1%-4.2%6.6%3.4%4.2%6.1%5.5%7.0%4.7%
Dividends Paid$52M$52M$37M$1.2B$17M$500M$234M$210M$0M$58M$0M$0M$358M$75M$51M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TNET Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$88M$149M$61M$72M$75M$95M$555M($31M)
Capital Expenditures (CapEx)$3M$6M$18M$17M$2M$1M$18M$25M
Free Cash Flow (FCF)$85M$143M$43M$55M$73M$94M$537M($56M)
FCF Margin %7.2%11.7%3.5%4.5%5.9%7.3%40.5%-4.5%
Dividends Paid$13M$13M$13M$13M$14M$12M$12M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TNET Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Total Assets$3.3B$3.8B$4.1B$3.7B$3.4B$3.3B$3.0B$2.7B$2.4B$2.6B$2.1B$2.1B$2.3B$1.4B$888M
Cash & Cash Equivalents$358M$287M$360M$287M$354M$612M$301M$1.4B$228M$336M$184M$166M$134M$94M$64M
Total Liabilities$3.2B$3.7B$4.0B$3.6B$2.7B$2.4B$2.4B$2.3B$2.1B$2.4B$2.1B$2.1B$2.4B$1.7B$953M
Total Debt (Short + Long-Term)$906M$905M$996M$1.1B$511M$506M$381M$408M$413M$423M$459M$494M$545M$819M$301M
Total Shareholders' Equity$125M$54M$69M$78M$775M$881M$607M$475M$375M$206M$35M$8M($26M)($270M)($66M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TNET viewer.

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