
TriNet Group Income Statement 2025-2011 | TNET
Brief overview of income trends at TriNet Group
The comparison covers a five-year financial horizon. The revenue attributed to TriNet Group moved from $4 billion to $5 billion between the two endpoints. Overall revenue changed by +24.2%, equal to an annualized rate of about 4.4%. The business did not achieve meaningful top-line expansion.
The five-year EBITDA result moved by −98.7%: from $377 million to $5 million. The operating result developed less favorably than sales. Comparing the endpoints gives EBITDA margins of 9.3% and 0.1%. Operating return per unit of revenue declined.
Net income changed from 272 million dollars to 155 million dollars (−43%). The decline reduces the quality of the financial trajectory.
Market value was $5.3 billion at the start and $1.9 billion at the end. Lower capitalization reflects weaker investor expectations.
What the figures show
The results contain several connected negative signals. The main areas of concern are a declining EBITDA margin, weak sales momentum and a narrow EBITDA buffer. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement TriNet Group
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.93 B | 3.96 B | 6.65 B | 5.03 B | 5.76 B | 5.33 B | 3.65 B | 3.21 B | 3.01 B | 1.75 B | 1.04 B | 1.86 B | - | - | - |
Shares |
48 M | 50 M | 57 M | 63 M | 66 M | 66.5 M | 69.1 M | 70.4 M | 69.2 M | 70.2 M | 70.2 M | 56.2 M | - | - | - |
Historical Prices |
40.3 | 79.3 | 117 | 79.8 | 87.3 | 80.3 | 52.9 | 61.3 | 47.2 | 26.9 | 13.1 | 36.3 | - | - | - |
Net Income |
155 M | 173 M | 375 M | 355 M | 338 M | 272 M | 212 M | 192 M | 178 M | 61.4 M | 31.7 M | 15.5 M | 13.1 M | 31.8 M | 14.8 M |
Revenue |
5.01 B | 5.05 B | 4.99 B | 4.91 B | 4.54 B | 4.03 B | 3.86 B | 3.5 B | 3.28 B | 3.06 B | 2.66 B | 2.19 B | 1.64 B | 1.02 B | 840 M |
Cost of Revenue |
- | - | - | - | - | - | - | 229 M | 213 M | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | 664 M | 596 M | 456 M | 396 M | 373 M | 311 M | 205 M | 130 M |
Operating Income |
- | - | 469 M | 499 M | - | 368 M | 268 M | 251 M | 217 M | 124 M | 78 M | 86.8 M | 66.3 M | 61.8 M | - |
Interest Expense |
- | - | - | - | - | - | - | 12 M | 3 M | 751 K | 1.14 M | 478 K | 471 K | 57 K | - |
EBITDA |
5 M | 7 M | 478 M | 509 M | 9 M | 377 M | 309 M | 291 M | 250 M | 159 M | 132 M | 153 M | 129 M | 90.9 M | 44.8 M |
Operating Expenses |
- | - | - | - | - | - | - | 413 M | 379 M | 332 M | 318 M | 286 M | 245 M | 144 M | 107 M |
General and Administrative Expenses |
207 M | 232 M | 211 M | 241 M | 176 M | 152 M | 137 M | 142 M | 114 M | 91.7 M | 69.6 M | 53.9 M | 52.5 M | 37.9 M | 31.4 M |
All numbers in USD currency
Quarterly Income Statement TriNet Group
| 44012-Q2 | 43921-Q1 | 43738-Q3 | 43646-Q2 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
67 M | 68 M | 69.6 M | 69.7 M | 46 M | 47 M | 47.4 M | 48 M | 48 M | 49 M | 49.5 M | 50 M | 50 M | 50.6 M | 50.7 M | 57 M | 59.7 M | 59.5 M | 60.6 M | 62 M | 62.1 M | 62.3 M | 66 M | 66 M | 65.9 M | 66 M | 66.5 M | 67 M | 67 M | 68 M | 69.1 M | 70 M | 70 M | 70 M | 70.6 M | 70.6 M | 70.4 M | 70 M | 69.8 M | 69.5 M | 69 M | 68.5 M | 69 M | 70.2 M | 70.7 M | 70.5 M | 70.4 M | 70.2 M | 70.3 M | 70.2 M | 69.8 M | 69.1 M | 69.1 M | 16.8 M | 15.3 M | 12.8 M | 10.9 M | 10.8 M | - | - | - | - | - | - | - | - |
Net Income |
126 M | 91 M | 55 M | 46 M | 53 M | 89 M | - | 34 M | 37 M | 85 M | - | 45 M | 60 M | 91 M | - | 94 M | 83 M | 131 M | - | 77 M | 85 M | 146 M | - | 77 M | 91 M | 101 M | - | 33 M | 126 M | 91 M | 48 M | 55 M | 46 M | 63 M | 29 M | 51 M | 58 M | 54 M | 66 M | 43 M | 40 M | 29 M | 23 M | 15 M | 12 M | 11 M | 14.1 M | 3.1 M | -1.31 M | 15.8 M | 7.01 M | 725 K | 6.22 M | 1.54 M | 6.01 M | -7.74 M | 4.34 M | 10.5 M | - | - | - | - | - | - | - | - |
Revenue |
948 M | 1.05 B | 969 M | 935 M | 1.18 B | 1.23 B | - | 1.23 B | 1.24 B | 1.29 B | - | 1.24 B | 1.24 B | 1.28 B | - | 1.22 B | 1.21 B | 1.25 B | - | 1.24 B | 1.2 B | 1.22 B | - | 1.15 B | 1.1 B | 1.06 B | - | 975 M | 948 M | 1.05 B | 1.02 B | 969 M | 935 M | 934 M | 917 M | 3 M | 3 M | 861 M | 848 M | 818 M | 801 M | 808 M | 811 M | 770 M | 746 M | 733 M | 726 M | 668 M | 640 M | 626 M | 604 M | 556 M | 525 M | 509 M | 482 M | 448 M | 363 M | 351 M | - | - | - | - | - | - | - | - |
Cost of Revenue |
- | - | 59 M | 63 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 59 M | 63 M | - | - | 58 M | 51 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
173 M | 120 M | 68 M | 55 M | - | - | - | - | - | - | - | 58 M | 80 M | 122 M | - | 116 M | 97 M | 169 M | - | 120 M | 119 M | 204 M | - | 105 M | 121 M | 138 M | - | 45 M | 173 M | 120 M | 63 M | 68 M | 55 M | 82 M | 42 M | 62 M | 76 M | 71 M | 48 M | 63 M | 57 M | 49 M | 43 M | 29 M | 26 M | 26 M | 29.6 M | 11.7 M | 5.98 M | 31 M | 20.2 M | 21.2 M | 20 M | 25.3 M | 23.5 M | 7.29 M | 13.9 M | 21.6 M | - | - | - | - | - | - | - | - |
Interest Expense |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2 M | -4 M | -4 M | - | -5 M | -5 M | -5 M | - | 313 K | 163 K | -42 K | - | 355 K | 68 K | 450 K | - | 179 K | -25 K | 103 K | - | 75 K | 161 K | 73 K | - | - | - | - | - | - | - | - |
EBITDA |
173 M | 120 M | 68 M | 55 M | - | - | - | - | - | - | - | - | - | 140 M | - | - | - | 187 M | - | 120 M | 119 M | 204 M | - | 105 M | 121 M | 138 M | - | 45 M | 173 M | 120 M | 63 M | 68 M | 55 M | 82 M | 42 M | 62 M | 76 M | 81 M | 48 M | 89 M | 73 M | 57 M | 43 M | 56.8 M | 43.9 M | 34.7 M | 29.6 M | 53.7 M | 33.9 M | 45.7 M | 20.2 M | 89 M | 59.1 M | 47.3 M | 23.5 M | 63.6 M | 40.1 M | 34.8 M | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
35 M | 33 M | 27 M | 36 M | 56 M | 59 M | - | 51 M | 52 M | 46 M | - | 46 M | 47 M | 48 M | - | 51 M | 60 M | 43 M | - | 63 M | 55 M | 47 M | - | 52 M | 40 M | 36 M | - | 38 M | 35 M | 33 M | - | 27 M | 36 M | 36 M | - | 33 M | 31 M | 31 M | - | 28 M | 28 M | 25 M | - | 22.5 M | 19 M | 27.6 M | - | 17.7 M | 15.8 M | 15.5 M | - | 13.8 M | 12.7 M | 14.3 M | - | 14.6 M | 12.7 M | 12.5 M | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company TriNet Group (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
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