TriNet Group, Inc. (TNET) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.9B	5.0B	5.1B	4.9B	4.9B
Cost of Revenue	4.0B	4.1B	4.1B	3.8B	3.8B
Gross Profit	933.0M	886.0M	952.0M	1.1B	1.1B
Operating Expenses
R&D Expense	70.0M	71.0M	68.0M	65.0M	73.0M
SG&A Expense	493.0M	476.0M	521.0M	496.0M	483.0M
General & Admin Expense	224.0M	207.0M	232.0M	211.0M	241.0M
Selling & Marketing Expense	269.0M	269.0M	289.0M	285.0M	242.0M
Other Expenses	68.0M	66.0M	75.0M	72.0M	64.0M
Total Operating Expenses	631.0M	613.0M	664.0M	633.0M	620.0M
Cost and Expenses	4.6B	4.7B	4.8B	4.5B	4.4B
Operating Income (EBIT)	302.0M	273.0M	288.0M	469.0M	499.0M
Non-Operating
Interest Income	—	—	64.0M	72.0M	22.0M
Interest Expense	54.0M	56.0M	62.0M	40.0M	39.0M
Net Interest Income	(54.0M)	(56.0M)	2.0M	32.0M	(17.0M)
Other Non-Op Income/Expense	(54.0M)	(56.0M)	(62.0M)	32.0M	(17.0M)
Non-Operating Income (excl Interest)	—	—	—	(72.0M)	(22.0M)
EBT (Pre-Tax Income)	248.0M	217.0M	226.0M	501.0M	482.0M
Income Tax Expense	73.0M	62.0M	53.0M	126.0M	127.0M
Bottom Line
Net Income	175.0M	155.0M	173.0M	375.0M	355.0M
Earnings from Cont. Ops	175.0M	155.0M	173.0M	375.0M	355.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	175.0M	155.0M	173.0M	375.0M	355.0M
Per Share
Basic EPS	$3.74	$3.19	$3.46	$6.58	$5.66
Diluted EPS	$3.73	$3.16	$3.43	$6.58	$5.61
Revenue Per Share	$106.17	$104.38	$101.06	$86.35	$77.54
Shares
Basic Shares Outstanding	46.0M	48.0M	50.0M	57.0M	63.0M
Diluted Shares Outstanding	47.0M	48.0M	50.0M	57.0M	64.0M
Profitability Metrics
EBITDA	379.0M	346.0M	374.0M	662.0M	610.0M
D&A	77.0M	73.0M	86.0M	121.0M	89.0M
EBIT	302.0M	273.0M	288.0M	541.0M	521.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026