TriNet Group, Inc.

TNET Industrials Staffing & Employment Services

TriNet Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 0.92% from fiscal 2024.

Revenue
−4.36%
EPS
−3.73%
Free cash flow
−3.64%
Total debt
+0.11%

Quarter to September 2026, against a year earlier

66.61 0.72 −1.07%
Market cap
$3.1B
P/E
18.0×
Fwd P/E
20.0×
Dividend yield
1.71%
F-score
6/9
Altman Z
1.61
Beneish M
−2.81
Dividend safety
85/100

TriNet Group, Inc. (TNET) Gross margin

Alert me on Gross margin

TriNet Group, Inc.'s gross margin over the twelve months to 30 September 2026 was 18.4%, up 1.8 percentage points from fiscal 2025 (16.6%). Over the past ten years it has ranged from 14.9% (fiscal 2015) to 22.9% (fiscal 2022); the current reading is higher than 27% of that period. That is below the Staffing & Employment Services industry median of 25.0% and below the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 16.6% (1.23)
FY2024 17.8% (4.59)
FY2023 22.4% (0.52)
FY2022 22.9% 2.27
FY2021 20.6% 0.98
FY2020 19.7% 1.92
FY2019 17.7% (1.22)
FY2018 19.0% 0.76
FY2017 18.2% 3.30
FY2016 14.9% 0.01

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 17.2% (2.86)
Jun 2026 20.1% (3.53)
Mar 2026 23.6% 10.88
Dec 2025 12.7% (3.66)
43 more quarters

Against its own ten years

Low 14.9% High 22.9%
Ten-year median 18.2%
Current reading's percentile 44

Gross margin against peers

Company Gross margin
RHI Robert Half Inc. compare 37.3%
KFRC Kforce, Inc. compare 27.8%
KFY Korn/Ferry International compare 25.0%
KELYB Kelly Services, Inc. compare 19.7%
KELYA Kelly Services, Inc. compare 19.7%
BBSI Barrett Business Services, Inc. compare 19.4%
TNET TriNet Group, Inc. 18.4%
MAN ManpowerGroup Inc. compare 16.1%
NSP Insperity, Inc. compare 13.0%
Staffing & Employment Services industry median 25.0%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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