TNET
TriNet Group Inc
NYSE: TNET · INDUSTRIALS · STAFFING & EMPLOYMENT SERVICES
$42.85
+2.39% today
Updated 2026-04-29
Market cap
$1.85B
P/E ratio
12.53
P/S ratio
0.37x
EPS (TTM)
$3.20
Dividend yield
2.83%
52W range
$33 – $85
Volume
0.5M
TriNet Group Inc (TNET) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $840.39M | $1.02B | $1.64B | $2.19B | $2.66B | $3.06B | $3.27B | $3.50B | $3.86B | $4.03B | $4.54B | $4.88B | $4.92B | $5.05B | $5.01B |
| Revenue growth (YoY) | — | +21.3% | +61.4% | +33.4% | +21.2% | +15.1% | +7.0% | +7.0% | +10.1% | +4.6% | +12.5% | +7.6% | +0.8% | +2.7% | -0.9% |
| Cost of revenue | $710.48M | $813.59M | $1.33B | $1.82B | $2.26B | $2.60B | $2.68B | $2.84B | $3.17B | $3.24B | $3.60B | $3.77B | $3.82B | $4.10B | $4.14B |
| Gross profit | $129.91M | $205.47M | $311.03M | $372.96M | $396.22M | $456.12M | $596.00M | $664.00M | $684.00M | $793.00M | $937.00M | $1.12B | $1.10B | $952.00M | $870.00M |
| Gross margin | 15.5% | 20.2% | 18.9% | 17.0% | 14.9% | 14.9% | 18.2% | 19.0% | 17.7% | 19.7% | 20.6% | 22.9% | 22.4% | 18.8% | 17.4% |
| R&D | $15.65M | $16.72M | $19.95M | $26.10M | $27.56M | $31.44M | $45.00M | $49.00M | $43.00M | $40.00M | $50.00M | $73.00M | $65.00M | $68.00M | $71.00M |
| SG&A | $31.42M | $37.88M | $52.45M | $53.93M | $69.63M | $91.66M | $114.00M | $142.00M | $137.00M | $152.00M | $176.00M | $241.00M | $211.00M | $232.00M | $207.00M |
| Operating income | $20.81M | $61.83M | $66.34M | $86.79M | $78.32M | $123.96M | $217.00M | $251.00M | $268.00M | $368.00M | $455.00M | $499.00M | $469.00M | $288.00M | $266.00M |
| Operating margin | 2.5% | 6.1% | 4.0% | 4.0% | 2.9% | 4.1% | 6.6% | 7.2% | 7.0% | 9.1% | 10.0% | 10.2% | 9.5% | 5.7% | 5.3% |
| EBITDA | $42.52M | $91.00M | $129.91M | $171.67M | $133.02M | $153.00M | $253.00M | $303.00M | $358.00M | $446.00M | $520.00M | $610.00M | $662.00M | $374.00M | $365.00M |
| EBITDA margin | 5.1% | 8.9% | 7.9% | 7.8% | 5.0% | 5.0% | 7.7% | 8.6% | 9.3% | 11.1% | 11.5% | 12.5% | 13.4% | 7.4% | 7.3% |
| EBIT | $22.22M | $59.81M | $56.08M | $87.27M | $80.20M | $117.65M | $220.00M | $263.00M | $312.00M | $399.00M | $461.00M | $521.00M | $541.00M | $288.00M | $279.00M |
| Interest expense | $751000.00 | $9.71M | $45.72M | $54.19M | $19.00M | $20.00M | $20.00M | $22.00M | $21.00M | $21.00M | $20.00M | $39.00M | $40.00M | $62.00M | $56.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $14.76M | $31.83M | $13.15M | $15.50M | $31.70M | $61.41M | $178.00M | $192.00M | $212.00M | $272.00M | $338.00M | $355.00M | $375.00M | $173.00M | $155.00M |
| Net income growth (YoY) | — | +115.6% | -58.7% | +17.9% | +104.5% | +93.7% | +189.9% | +7.9% | +10.4% | +28.3% | +24.3% | +5.0% | +5.6% | -53.9% | -10.4% |
| Profit margin | 1.8% | 3.1% | 0.8% | 0.7% | 1.2% | 2.0% | 5.4% | 5.5% | 5.5% | 6.7% | 7.4% | 7.3% | 7.6% | 3.4% | 3.1% |