TRINET GROUP, INC.TNETEarnings & Financial Report
TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.
Revenue
$1.2B
Gross Profit
N/A
Operating Profit
$50.0M
Net Profit
$34.0M
Gross Margin
N/A
Operating Margin
4.1%
Net Margin
2.8%
YoY Growth
-0.4%
EPS
$0.70
TRINET GROUP, INC. Q3 FY2025 Financial Summary
TRINET GROUP, INC. reported revenue of $1.2B (down 0.4% YoY) for Q3 FY2025, with a net profit of $34.0M (down 24.4% YoY) (2.8% margin).
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $34.0M |
| Gross Margin | N/A |
| Operating Margin | 4.1% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
TRINET GROUP, INC. Q3 FY2025 revenue of $1.2B breaks down across 2 segments, led by Insurance Services at $1.0B (84.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Insurance Services | $1.0B | 84.9% |
| Professional Services | $169.0M | 13.7% |
TRINET GROUP, INC. Revenue by Segment — Quarterly Trend
TRINET GROUP, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Insurance Services and Professional Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Insurance Services | $1.1B | $1.0B | $1.0B | — |
| Professional Services | $169.0M | $169.0M | $172.0M | — |
TRINET GROUP, INC. Annual Revenue by Year
TRINET GROUP, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.0B |
| 2024 | $5.0B |
| 2023 | $4.9B |
| 2022 | $4.9B |
TRINET GROUP, INC. Quarterly Revenue & Net Profit History
TRINET GROUP, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.2B | -2.2% | N/A | N/A |
| Q3 FY2025 | $1.2B | -0.4% | $34.0M | 2.8% |
| Q2 FY2025 | $1.2B | +1.0% | $37.0M | 3.0% |
| Q1 FY2025 | $1.3B | +2.2% | $85.0M | 6.6% |
| Q4 FY2024 | $1.3B | +2.5% | N/A | N/A |
| Q3 FY2024 | $1.2B | +1.2% | $45.0M | 3.6% |
| Q2 FY2024 | $1.2B | +1.4% | $60.0M | 4.9% |
| Q1 FY2024 | $1.3B | +1.4% | $91.0M | 7.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.23B | $1.24B | $1.28B | $1.29B | $1.24B | $1.23B | $1.25B |
| YoY Growth | 1.4% | 1.4% | 1.2% | 2.5% | 2.2% | 1.0% | -0.4% | -2.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.97B | $3.70B | $3.73B | $4.12B | $3.77B | $3.69B | $3.42B | $3.80B |
| Liabilities | $3.83B | $3.60B | $3.60B | $4.05B | $3.71B | $3.58B | $3.31B | $3.74B |
| Equity | $143.0M | $100.0M | $129.0M | $69.0M | $63.0M | $107.0M | $110.0M | $54.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $91.0M | $39.0M | $84.0M | $65.0M | $95.0M | $75.0M | $72.0M | $61.0M |