TriNet Group, Inc. (TNET) — Financial statements
Income statement, balance sheet, and cash flow for TriNet Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,010↓0.9% | 5,053↑2.7% | 4,922↑0.8% | 4,885↑7.6% | 4,540 | |
| Cost of Revenue | 4,140↑1.0% | 4,101↑7.4% | 3,820↑1.4% | 3,766↑4.5% | 3,603 | |
| Gross Profit | 870↓8.6% | 952↓13.6% | 1,102↓1.5% | 1,119↑19.4% | 937 | |
| Operating Expenses | ||||||
| R&D Expenses | 71↑4.4% | 68↑4.6% | 65↓11.0% | 73↑46.0% | 50 | |
| General & Administrative Expenses | 207↓10.8% | 232↑10.0% | 211↓12.4% | 241↑36.9% | 176 | |
| Selling & Marketing Expenses | 263↓9.0% | 289↑1.4% | 285↑17.8% | 242↑19.8% | 202 | |
| SG&A Expenses | 470↓9.8% | 521↑5.0% | 496↑2.7% | 483↑27.8% | 378 | |
| Other Expenses | 63↓16.0% | 75↑4.2% | 72↑12.5% | 64↑18.5% | 54 | |
| Operating Expenses | 604↓9.0% | 664↑4.9% | 633↑2.1% | 620↑28.6% | 482 | |
| Total Costs & Expenses | 4,744↓0.4% | 4,765↑7.0% | 4,453↑1.5% | 4,386↑7.4% | 4,085 | |
| Operating Results | ||||||
| Operating Income | 266↓7.6% | 288↓38.6% | 469↓6.0% | 499↑9.7% | 455 | |
| Depreciation & Amortization | 86↑0.0% | 86↓28.9% | 121↑36.0% | 89↑50.8% | 59 | |
| EBITDA | 365↓2.4% | 374↓43.5% | 662↑8.5% | 610↑17.3% | 520 | |
| EBIT | 279↓3.1% | 288↓46.8% | 541↑3.8% | 521↑13.0% | 461 | |
| Interest & Other Income | ||||||
| Net Interest Income | -21↓1150.0% | 2↓93.8% | 32↑288.2% | -17↓21.4% | -14 | |
| Interest Income | 35↓45.3% | 64↓11.1% | 72↑227.3% | 22↑266.7% | 6 | |
| Interest Expense | 56↓9.7% | 62↑55.0% | 40↑2.6% | 39↑95.0% | 20 | |
| Non-Operating Income | -13 | 0.00↑100.0% | -72↓227.3% | -22↓266.7% | -6 | |
| Other Income / Expenses | -49↑21.0% | -62↓293.8% | 32↑288.2% | -17↓21.4% | -14 | |
| Income Before Tax | 217↓4.0% | 226↓54.9% | 501↑3.9% | 482↑9.3% | 441 | |
| Income Tax Expense | 62↑17.0% | 53↓57.9% | 126↓0.8% | 127↑23.3% | 103 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 155↓10.4% | 173↓53.9% | 375↑5.6% | 355↑5.0% | 338 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 155↓10.4% | 173↓53.9% | 375↑5.6% | 355↑5.0% | 338 | |
| Bottom-Line Net Income | 155↓10.4% | 173↓53.9% | 375↑5.6% | 355↑5.0% | 338 | |
| EPS (Basic) | 3.19↓7.8% | 3.46↓47.4% | 6.58↑16.3% | 5.66↑10.5% | 5.12 | |
| EPS (Diluted) | 3.16↓7.9% | 3.43↓47.9% | 6.58↑17.3% | 5.61↑10.7% | 5.07 | |
| Weighted Average Shares | 48↓4.0% | 50↓12.3% | 57↓9.5% | 63↓4.5% | 66 | |
| Weighted Average Diluted Shares | 48↓4.0% | 50↓12.3% | 57↓10.9% | 64↓4.5% | 67 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.