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Side-by-side financial comparison of Agilent Technologies (A) and TRINET GROUP, INC. (TNET). Click either name above to swap in a different company.

Agilent Technologies is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.4× TRINET GROUP, INC.). On growth, Agilent Technologies posted the faster year-over-year revenue change (7.0% vs -2.2%). Agilent Technologies produced more free cash flow last quarter ($175.0M vs $43.0M). Over the past eight quarters, Agilent Technologies's revenue compounded faster (6.9% CAGR vs -0.6%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

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.

A vs TNET — Head-to-Head

Bigger by revenue
A
A
1.4× larger
A
$1.8B
$1.2B
TNET
Growing faster (revenue YoY)
A
A
+9.2% gap
A
7.0%
-2.2%
TNET
More free cash flow
A
A
$132.0M more FCF
A
$175.0M
$43.0M
TNET
Faster 2-yr revenue CAGR
A
A
Annualised
A
6.9%
-0.6%
TNET

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
A
A
TNET
TNET
Revenue
$1.8B
$1.2B
Net Profit
$305.0M
Gross Margin
52.6%
Operating Margin
19.6%
0.1%
Net Margin
17.0%
Revenue YoY
7.0%
-2.2%
Net Profit YoY
-4.1%
EPS (diluted)
$1.07
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
TNET
TNET
Q1 26
$1.8B
Q4 25
$1.9B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.7B
$1.3B
Q4 24
$1.7B
$1.3B
Q3 24
$1.6B
$1.2B
Q2 24
$1.6B
$1.2B
Net Profit
A
A
TNET
TNET
Q1 26
$305.0M
Q4 25
$434.0M
Q3 25
$336.0M
$34.0M
Q2 25
$215.0M
$37.0M
Q1 25
$318.0M
$85.0M
Q4 24
$351.0M
Q3 24
$282.0M
$45.0M
Q2 24
$308.0M
$60.0M
Gross Margin
A
A
TNET
TNET
Q1 26
52.6%
Q4 25
53.2%
Q3 25
51.1%
Q2 25
51.9%
Q1 25
53.5%
Q4 24
53.9%
Q3 24
54.2%
Q2 24
54.4%
Operating Margin
A
A
TNET
TNET
Q1 26
19.6%
Q4 25
23.8%
0.1%
Q3 25
20.7%
4.1%
Q2 25
18.0%
4.1%
Q1 25
22.4%
8.9%
Q4 24
24.0%
-2.9%
Q3 24
21.1%
4.7%
Q2 24
23.1%
6.5%
Net Margin
A
A
TNET
TNET
Q1 26
17.0%
Q4 25
23.3%
Q3 25
19.3%
2.8%
Q2 25
12.9%
3.0%
Q1 25
18.9%
6.6%
Q4 24
20.6%
Q3 24
17.9%
3.6%
Q2 24
19.6%
4.9%
EPS (diluted)
A
A
TNET
TNET
Q1 26
$1.07
Q4 25
$1.53
$0.02
Q3 25
$1.18
$0.70
Q2 25
$0.75
$0.77
Q1 25
$1.11
$1.71
Q4 24
$1.23
$-0.44
Q3 24
$0.97
$0.89
Q2 24
$1.05
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$1.8B
$287.0M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$6.9B
$54.0M
Total Assets
$12.8B
$3.8B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
TNET
TNET
Q1 26
$1.8B
Q4 25
$1.8B
$287.0M
Q3 25
$1.5B
$321.0M
Q2 25
$1.5B
$407.0M
Q1 25
$1.5B
$349.0M
Q4 24
$1.3B
$360.0M
Q3 24
$1.8B
$301.0M
Q2 24
$1.7B
$249.0M
Total Debt
A
A
TNET
TNET
Q1 26
$3.0B
Q4 25
$3.0B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$2.1B
Q2 24
$2.1B
Stockholders' Equity
A
A
TNET
TNET
Q1 26
$6.9B
Q4 25
$6.7B
$54.0M
Q3 25
$6.4B
$110.0M
Q2 25
$6.1B
$107.0M
Q1 25
$6.0B
$63.0M
Q4 24
$5.9B
$69.0M
Q3 24
$5.9B
$129.0M
Q2 24
$6.2B
$100.0M
Total Assets
A
A
TNET
TNET
Q1 26
$12.8B
Q4 25
$12.7B
$3.8B
Q3 25
$12.2B
$3.4B
Q2 25
$12.2B
$3.7B
Q1 25
$11.9B
$3.8B
Q4 24
$11.8B
$4.1B
Q3 24
$11.0B
$3.7B
Q2 24
$10.9B
$3.7B
Debt / Equity
A
A
TNET
TNET
Q1 26
0.44×
Q4 25
0.45×
Q3 25
0.53×
Q2 25
0.55×
Q1 25
0.56×
Q4 24
0.57×
Q3 24
0.36×
Q2 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
TNET
TNET
Operating Cash FlowLast quarter
$268.0M
$61.0M
Free Cash FlowOCF − Capex
$175.0M
$43.0M
FCF MarginFCF / Revenue
9.7%
3.4%
Capex IntensityCapex / Revenue
5.2%
1.4%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$993.0M
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
TNET
TNET
Q1 26
$268.0M
Q4 25
$545.0M
$61.0M
Q3 25
$362.0M
$72.0M
Q2 25
$221.0M
$75.0M
Q1 25
$431.0M
$95.0M
Q4 24
$481.0M
$65.0M
Q3 24
$452.0M
$84.0M
Q2 24
$333.0M
$39.0M
Free Cash Flow
A
A
TNET
TNET
Q1 26
$175.0M
Q4 25
$452.0M
$43.0M
Q3 25
$259.0M
$55.0M
Q2 25
$107.0M
$57.0M
Q1 25
$334.0M
$79.0M
Q4 24
$388.0M
$47.0M
Q3 24
$360.0M
$59.0M
Q2 24
$230.0M
$22.0M
FCF Margin
A
A
TNET
TNET
Q1 26
9.7%
Q4 25
24.3%
3.4%
Q3 25
14.9%
4.5%
Q2 25
6.4%
4.6%
Q1 25
19.9%
6.1%
Q4 24
22.8%
3.7%
Q3 24
22.8%
4.8%
Q2 24
14.6%
1.8%
Capex Intensity
A
A
TNET
TNET
Q1 26
5.2%
Q4 25
5.0%
1.4%
Q3 25
5.9%
1.4%
Q2 25
6.8%
1.5%
Q1 25
5.8%
1.2%
Q4 24
5.5%
1.4%
Q3 24
5.8%
2.0%
Q2 24
6.5%
1.4%
Cash Conversion
A
A
TNET
TNET
Q1 26
0.88×
Q4 25
1.26×
Q3 25
1.08×
2.12×
Q2 25
1.03×
2.03×
Q1 25
1.36×
1.12×
Q4 24
1.37×
Q3 24
1.60×
1.87×
Q2 24
1.08×
0.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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