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

Gartner is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.4× TRINET GROUP, INC.). On growth, Gartner posted the faster year-over-year revenue change (2.2% vs -2.2%). Gartner produced more free cash flow last quarter ($270.7M vs $43.0M). Over the past eight quarters, Gartner's revenue compounded faster (9.1% CAGR vs -0.6%).

Gartner, Inc. is an American research and advisory firm focusing on business and technology topics. Gartner provides its products and services through research reports, conferences, and consulting. Its clients include large corporations, government agencies, technology companies, and investment firms.

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.

IT vs TNET — Head-to-Head

Bigger by revenue
IT
IT
1.4× larger
IT
$1.8B
$1.2B
TNET
Growing faster (revenue YoY)
IT
IT
+4.4% gap
IT
2.2%
-2.2%
TNET
More free cash flow
IT
IT
$227.7M more FCF
IT
$270.7M
$43.0M
TNET
Faster 2-yr revenue CAGR
IT
IT
Annualised
IT
9.1%
-0.6%
TNET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IT
IT
TNET
TNET
Revenue
$1.8B
$1.2B
Net Profit
$242.2M
Gross Margin
67.8%
Operating Margin
19.1%
0.1%
Net Margin
13.8%
Revenue YoY
2.2%
-2.2%
Net Profit YoY
-39.2%
EPS (diluted)
$3.36
$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
IT
IT
TNET
TNET
Q4 25
$1.8B
$1.2B
Q3 25
$1.5B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.5B
$1.3B
Q4 24
$1.7B
$1.3B
Q3 24
$1.5B
$1.2B
Q2 24
$1.6B
$1.2B
Q1 24
$1.5B
$1.3B
Net Profit
IT
IT
TNET
TNET
Q4 25
$242.2M
Q3 25
$35.4M
$34.0M
Q2 25
$240.8M
$37.0M
Q1 25
$210.9M
$85.0M
Q4 24
$398.6M
Q3 24
$415.0M
$45.0M
Q2 24
$229.5M
$60.0M
Q1 24
$210.5M
$91.0M
Gross Margin
IT
IT
TNET
TNET
Q4 25
67.8%
Q3 25
69.3%
Q2 25
68.6%
Q1 25
69.4%
Q4 24
66.8%
Q3 24
68.4%
Q2 24
68.6%
Q1 24
69.4%
Operating Margin
IT
IT
TNET
TNET
Q4 25
19.1%
0.1%
Q3 25
5.7%
4.1%
Q2 25
19.4%
4.1%
Q1 25
18.1%
8.9%
Q4 24
18.5%
-2.9%
Q3 24
16.6%
4.7%
Q2 24
20.0%
6.5%
Q1 24
18.6%
9.7%
Net Margin
IT
IT
TNET
TNET
Q4 25
13.8%
Q3 25
2.3%
2.8%
Q2 25
14.3%
3.0%
Q1 25
13.7%
6.6%
Q4 24
23.2%
Q3 24
28.0%
3.6%
Q2 24
14.4%
4.9%
Q1 24
14.3%
7.2%
EPS (diluted)
IT
IT
TNET
TNET
Q4 25
$3.36
$0.02
Q3 25
$0.47
$0.70
Q2 25
$3.11
$0.77
Q1 25
$2.71
$1.71
Q4 24
$5.08
$-0.44
Q3 24
$5.32
$0.89
Q2 24
$2.93
$1.20
Q1 24
$2.67
$1.78

Balance Sheet & Financial Strength

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

Metric
IT
IT
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$1.7B
$287.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$319.9M
$54.0M
Total Assets
$8.1B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IT
IT
TNET
TNET
Q4 25
$1.7B
$287.0M
Q3 25
$1.4B
$321.0M
Q2 25
$2.2B
$407.0M
Q1 25
$2.1B
$349.0M
Q4 24
$1.9B
$360.0M
Q3 24
$1.8B
$301.0M
Q2 24
$1.2B
$249.0M
Q1 24
$1.2B
$383.0M
Stockholders' Equity
IT
IT
TNET
TNET
Q4 25
$319.9M
$54.0M
Q3 25
$556.6M
$110.0M
Q2 25
$1.5B
$107.0M
Q1 25
$1.5B
$63.0M
Q4 24
$1.4B
$69.0M
Q3 24
$1.1B
$129.0M
Q2 24
$646.7M
$100.0M
Q1 24
$718.2M
$143.0M
Total Assets
IT
IT
TNET
TNET
Q4 25
$8.1B
$3.8B
Q3 25
$7.2B
$3.4B
Q2 25
$8.3B
$3.7B
Q1 25
$8.5B
$3.8B
Q4 24
$8.5B
$4.1B
Q3 24
$7.8B
$3.7B
Q2 24
$7.4B
$3.7B
Q1 24
$7.7B
$4.0B

Cash Flow & Capital Efficiency

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

Metric
IT
IT
TNET
TNET
Operating Cash FlowLast quarter
$294.5M
$61.0M
Free Cash FlowOCF − Capex
$270.7M
$43.0M
FCF MarginFCF / Revenue
15.4%
3.4%
Capex IntensityCapex / Revenue
1.4%
1.4%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IT
IT
TNET
TNET
Q4 25
$294.5M
$61.0M
Q3 25
$298.7M
$72.0M
Q2 25
$383.6M
$75.0M
Q1 25
$313.5M
$95.0M
Q4 24
$335.4M
$65.0M
Q3 24
$590.8M
$84.0M
Q2 24
$370.0M
$39.0M
Q1 24
$188.8M
$91.0M
Free Cash Flow
IT
IT
TNET
TNET
Q4 25
$270.7M
$43.0M
Q3 25
$269.3M
$55.0M
Q2 25
$347.3M
$57.0M
Q1 25
$287.9M
$79.0M
Q4 24
$311.4M
$47.0M
Q3 24
$565.0M
$59.0M
Q2 24
$340.6M
$22.0M
Q1 24
$166.2M
$73.0M
FCF Margin
IT
IT
TNET
TNET
Q4 25
15.4%
3.4%
Q3 25
17.7%
4.5%
Q2 25
20.6%
4.6%
Q1 25
18.8%
6.1%
Q4 24
18.2%
3.7%
Q3 24
38.1%
4.8%
Q2 24
21.4%
1.8%
Q1 24
11.3%
5.8%
Capex Intensity
IT
IT
TNET
TNET
Q4 25
1.4%
1.4%
Q3 25
1.9%
1.4%
Q2 25
2.1%
1.5%
Q1 25
1.7%
1.2%
Q4 24
1.4%
1.4%
Q3 24
1.7%
2.0%
Q2 24
1.8%
1.4%
Q1 24
1.5%
1.4%
Cash Conversion
IT
IT
TNET
TNET
Q4 25
1.22×
Q3 25
8.45×
2.12×
Q2 25
1.59×
2.03×
Q1 25
1.49×
1.12×
Q4 24
0.84×
Q3 24
1.42×
1.87×
Q2 24
1.61×
0.65×
Q1 24
0.90×
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IT
IT

Transferred Over Time$1.3B73%
Conferences$286.2M16%
Consulting$133.6M8%
Other$52.3M3%

TNET
TNET

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

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