TrueBlue (TBI) Cost of Revenue (2009 - 2026)
TrueBlue (TBI) reported Cost of Revenue of $319.5 million for Q1 2026, up 12.55% year-over-year from $283.9 million in Q1 2025, and down 2.62% on a QoQ basis from $328.1 million in Q4 2025.
TrueBlue (TBI) has 18 years of Cost of Revenue data on file, last reported at $319.5 million in Q1 2026.
- Quarterly Cost of Revenue rose 12.55% year-over-year to $319.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 12.47% YoY) and the FY2025 annual result came in at $1.2 billion, up 7.51% from the prior year.
- Cost of Revenue fell to $319.5 million in Q1 2026 per TBI's latest filing, from $328.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $419.8 million in Q3 2022 and bottomed at $282.3 million in Q3 2024.
- The 5-year median for Cost of Revenue is $333.4 million (2025), against an average of $340.1 million.
- The widest annual swing landed in 2022, when Cost of Revenue advanced 18.25%; it then slipped 22.12% in 2024.
- Tracing TBI's Cost of Revenue over 5 years: stood at $409.8 million in 2022, then dropped by 11.21% to $363.9 million in 2023, then dropped by 22.12% to $283.4 million in 2024, then advanced by 15.78% to $328.1 million in 2025, then dropped by 2.62% to $319.5 million in 2026.
- Per Business Quant, the three latest TBI Cost of Revenue figures stand at $319.5 million (Q1 2026), $328.1 million (Q4 2025), and $333.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 111,000.00 |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 820.27 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 69.00 Mn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 3.79 Bn |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 1.59 Bn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 263.82 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 240.30 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 844.30 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 319.55 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 319.55 Mn |
| Mar 29, 2026 | 319.55 Mn |
| Dec 28, 2025 | 328.13 Mn |
| Dec 28, 2025 | 328.13 Mn |
| Sep 28, 2025 | 333.37 Mn |
| Sep 28, 2025 | 333.37 Mn |
| Jun 29, 2025 | 302.74 Mn |
| Jun 29, 2025 | 302.74 Mn |
| Mar 30, 2025 | 283.91 Mn |
| Mar 30, 2025 | 283.91 Mn |
| Dec 29, 2024 | 283.41 Mn |
| Dec 29, 2024 | 283.41 Mn |
| Sep 29, 2024 | 282.32 Mn |
| Sep 29, 2024 | 282.32 Mn |
| Jun 30, 2024 | 291.81 Mn |
| Jun 30, 2024 | 291.81 Mn |
| Mar 31, 2024 | 303.47 Mn |
| Mar 31, 2024 | 303.47 Mn |
| Dec 31, 2023 | 363.89 Mn |
| Dec 31, 2023 | 363.89 Mn |
| Sep 24, 2023 | 349.02 Mn |
| Sep 24, 2023 | 349.02 Mn |
| Jun 25, 2023 | 345.10 Mn |
| Jun 25, 2023 | 345.10 Mn |
| Mar 26, 2023 | 342.18 Mn |
| Mar 26, 2023 | 342.18 Mn |
| Dec 25, 2022 | 409.85 Mn |
| Dec 25, 2022 | 409.85 Mn |
| Sep 25, 2022 | 419.80 Mn |
| Sep 25, 2022 | 419.80 Mn |
| Jun 26, 2022 | 410.72 Mn |
| Jun 26, 2022 | 410.72 Mn |
| Mar 27, 2022 | 411.67 Mn |
| Mar 27, 2022 | 411.67 Mn |
| Dec 26, 2021 | 455.15 Mn |
| Dec 26, 2021 | 455.15 Mn |
| Sep 26, 2021 | 430.53 Mn |
| Sep 26, 2021 | 430.53 Mn |
| Jun 27, 2021 | 379.49 Mn |
| Jun 27, 2021 | 379.49 Mn |
| Mar 28, 2021 | 348.13 Mn |
| Mar 28, 2021 | 348.13 Mn |
| Dec 27, 2020 | 397.84 Mn |
| Dec 27, 2020 | 397.84 Mn |
| Sep 27, 2020 | 364.07 Mn |
| Sep 27, 2020 | 364.07 Mn |
| Jun 28, 2020 | 275.72 Mn |
| Jun 28, 2020 | 275.72 Mn |
| Mar 29, 2020 | 368.09 Mn |
| Mar 29, 2020 | 368.09 Mn |
| Dec 29, 2019 | 440.70 Mn |
| Dec 29, 2019 | 440.70 Mn |
| Sep 29, 2019 | 469.06 Mn |
| Sep 29, 2019 | 469.06 Mn |
| Jun 30, 2019 | 431.91 Mn |
| Jun 30, 2019 | 431.91 Mn |
| Mar 31, 2019 | 405.66 Mn |
| Mar 31, 2019 | 405.66 Mn |
| Dec 30, 2018 | 477.72 Mn |
| Dec 30, 2018 | 477.72 Mn |
| Sep 30, 2018 | 496.05 Mn |
| Sep 30, 2018 | 496.05 Mn |
| Jul 1, 2018 | 448.72 Mn |
| Jul 1, 2018 | 448.72 Mn |
| Apr 1, 2018 | 411.12 Mn |
| Apr 1, 2018 | 411.12 Mn |
| Dec 31, 2017 | 501.88 Mn |
| Dec 31, 2017 | 501.88 Mn |
| Oct 1, 2017 | 488.76 Mn |
| Oct 1, 2017 | 488.76 Mn |
| Jul 2, 2017 | 454.84 Mn |
| Jul 2, 2017 | 454.84 Mn |
| Apr 2, 2017 | 428.82 Mn |
| Apr 2, 2017 | 428.82 Mn |
| Jan 1, 2017 | 554.06 Mn |
| Jan 1, 2017 | 554.06 Mn |
| Sep 23, 2016 | 518.70 Mn |
| Sep 23, 2016 | 518.70 Mn |
| Jun 24, 2016 | 502.69 Mn |
| Jun 24, 2016 | 502.69 Mn |
| Mar 25, 2016 | 495.47 Mn |
| Mar 25, 2016 | 495.47 Mn |
| Dec 25, 2015 | 625.73 Mn |
| Dec 25, 2015 | 625.73 Mn |
| Sep 25, 2015 | 515.05 Mn |
| Sep 25, 2015 | 515.05 Mn |
| Jun 26, 2015 | 475.75 Mn |
| Jun 26, 2015 | 475.75 Mn |
| Mar 27, 2015 | 443.48 Mn |
| Mar 27, 2015 | 443.48 Mn |
| Dec 26, 2014 | 533.15 Mn |
| Dec 26, 2014 | 533.15 Mn |
| Sep 26, 2014 | 473.77 Mn |
| Sep 26, 2014 | 473.77 Mn |
| Jun 27, 2014 | 333.64 Mn |
| Jun 27, 2014 | 333.64 Mn |
| Mar 28, 2014 | 296.50 Mn |
| Mar 28, 2014 | 296.50 Mn |
| Dec 27, 2013 | 328.69 Mn |
| Dec 27, 2013 | 328.69 Mn |
| Sep 27, 2013 | 327.64 Mn |
| Sep 27, 2013 | 327.64 Mn |
| Jun 28, 2013 | 310.44 Mn |
| Jun 28, 2013 | 310.44 Mn |
| Mar 29, 2013 | 259.86 Mn |
| Mar 29, 2013 | 259.86 Mn |
| Dec 28, 2012 | 250.23 Mn |
| Dec 28, 2012 | 250.23 Mn |
| Sep 28, 2012 | 274.24 Mn |
| Sep 28, 2012 | 274.24 Mn |
| Jun 29, 2012 | 260.73 Mn |
| Jun 29, 2012 | 260.73 Mn |
| Mar 30, 2012 | 231.95 Mn |
| Mar 30, 2012 | 231.95 Mn |
| Dec 30, 2011 | 258.30 Mn |
| Dec 30, 2011 | 258.30 Mn |
| Sep 30, 2011 | 271.60 Mn |
| Sep 30, 2011 | 271.60 Mn |
| Jul 1, 2011 | 234.90 Mn |
| Jul 1, 2011 | 234.90 Mn |
| Apr 1, 2011 | 204.30 Mn |
| Apr 1, 2011 | 204.30 Mn |
| Dec 31, 2010 | 230.03 Mn |
| Dec 31, 2010 | 230.03 Mn |
| Sep 24, 2010 | 228.18 Mn |
| Sep 24, 2010 | 228.18 Mn |
| Jun 25, 2010 | 208.97 Mn |
| Jun 25, 2010 | 208.97 Mn |
| Mar 26, 2010 | 178,726.00 |
| Mar 26, 2010 | 178,726.00 |
| Dec 25, 2009 | 189.23 Mn |
| Dec 25, 2009 | 189.23 Mn |
| Sep 25, 2009 | 202.22 Mn |
| Sep 25, 2009 | 202.22 Mn |
| Jun 26, 2009 | 174.18 Mn |
| Jun 26, 2009 | 174.18 Mn |