TrueBlue (TBI) Cost of Revenue (2009 - 2026)
TrueBlue (TBI) posted quarterly 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% quarter-over-quarter from $328.1 million in Q4 2025.
TrueBlue (TBI) Cost of Revenue (2009 - 2026) Analysis & Trends
TrueBlue (TBI) has reported Cost of Revenue for 18 consecutive years, with $319.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 12.55% year-over-year to $319.5 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 12.47% YoY), while the FY2025 annual figure was $1.2 billion, up 7.51% from the prior year.
- Cost of Revenue slipped 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.
- Historically, Cost of Revenue has averaged $340.1 million across 5 years, with a median of $333.4 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue grew 18.25% — and 2024, when it declined 22.12%.
- TrueBlue's Cost of Revenue stood at $409.8 million in 2022, then retreated by 11.21% to $363.9 million in 2023, then retreated by 22.12% to $283.4 million in 2024, then increased by 15.78% to $328.1 million in 2025, then retreated by 2.62% to $319.5 million in 2026.
- Business Quant data shows TBI's Cost of Revenue at $319.5 million in Q1 2026, $328.1 million in Q4 2025, and $333.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.49 Bn | 4.16 Bn | 474.03 Mn | 862.34 Mn |
| 2 | Korn Ferry | 4.38 Bn | 3.24 Bn | 685.99 Mn | 82.26 Mn |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - | - |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn | 4.08 Bn |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn | 1.47 Bn |
| 6 | Kforce | 978.37 Mn | 978.04 Mn | 99.45 Mn | 249.88 Mn |
| 7 | Barrett Business Services | 817.12 Mn | 717.73 Mn | 64.85 Mn | 254.41 Mn |
| 8 | Kelly Services | 594.06 Mn | 569.86 Mn | 212.00 Mn | 826.20 Mn |
| 9 | TrueBlue | 321.78 Mn | 298.53 Mn | 91.58 Mn | 351.42 Mn |
| 10 | HireQuest | 234.33 Mn | 232.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 351.42 Mn |
| Jun 28, 2026 | 351.42 Mn |
| 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 |