TrueBlue (TBI) Cost of Revenue (2009 - 2026)
TrueBlue (TBI) recorded Cost of Revenue of $413.74 million in Q3 2026, up 24.1% from $333.37 million a year earlier and up 17.7% from the prior quarter.
Powered by 
Analysis
TrueBlue (TBI) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, TrueBlue's Cost of Revenue came in at $1.41 billion as of Sep 27, 2026, up 17.4% year-over-year; for FY2025, it came in at $1.25 billion, up 7.5% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $1.16 billion in FY2024 (-17.1%), $1.4 billion in FY2023 (-15.2%), $1.65 billion in FY2022 (+2.4%) and $1.61 billion in FY2021 (+14.8%).
- The Q3 2026 figure is the highest quarterly Cost of Revenue since Q3 2022.
- On a year-over-year basis, Cost of Revenue has increased for six consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 24.1% in Q3 2026, against a decline of 22.1% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $351.42 million (Q2 2026), $319.55 million (Q1 2026) and $328.13 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 159.50 Bn | 117.43 Bn | 5.98 Bn | 12.69 Bn |
| 2 | Cintas | 88.97 Bn | 88.05 Bn | 1.55 Bn | 1.46 Bn |
| 3 | Iron Mountain | 31.77 Bn | 30.97 Bn | 1.06 Bn | 926.65 Mn |
| 4 | Rollins | 18.19 Bn | 17.73 Bn | 582.90 Mn | 506.77 Mn |
| 5 | APi | 17.61 Bn | 14.83 Bn | 770.00 Mn | 1.78 Bn |
| 6 | UL Solutions | 15.91 Bn | 13.91 Bn | 423.00 Mn | 400.00 Mn |
| 7 | Aramark | 13.83 Bn | 11.78 Bn | 430.34 Mn | 4.63 Bn |
| 8 | Gartner | 12.12 Bn | 5.61 Bn | 1.07 Bn | 433.14 Mn |
| 9 | Rentokil Initial | 11.93 Bn | 5.45 Bn | - | - |
| 10 | TrueBlue | 367.70 Mn | 276.04 Mn | 107.00 Mn | 413.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 413.74 Mn |
| Jun 28, 2026 | 351.42 Mn |
| Mar 29, 2026 | 319.55 Mn |
| Dec 28, 2025 | 328.13 Mn |
| Sep 28, 2025 | 333.37 Mn |
| Jun 29, 2025 | 302.74 Mn |
| Mar 30, 2025 | 283.91 Mn |
| Dec 29, 2024 | 283.41 Mn |
| Sep 29, 2024 | 282.32 Mn |
| Jun 30, 2024 | 291.81 Mn |
| Mar 31, 2024 | 303.47 Mn |
| Dec 31, 2023 | 363.89 Mn |
| Sep 24, 2023 | 349.02 Mn |
| Jun 25, 2023 | 345.10 Mn |
| Mar 26, 2023 | 342.18 Mn |
| Dec 25, 2022 | 409.85 Mn |
| Sep 25, 2022 | 419.80 Mn |
| Jun 26, 2022 | 410.72 Mn |
| Mar 27, 2022 | 411.67 Mn |
| Dec 26, 2021 | 455.15 Mn |
API Access
TrueBlue Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();