TrueBlue (TBI) Gross Margin (2009 - 2026)

TrueBlue (TBI) reported Gross Margin of 19.83% for Q1 2026, down 349.0% year-over-year from 7.96% in Q1 2025, and down 7.93% quarter-over-quarter from 21.53% in Q4 2025.

TrueBlue (TBI) Gross Margin (2009 - 2026) Analysis & Trends

TrueBlue (TBI) has 18 years of Gross Margin data on file, last reported at 19.83% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 19.83%, down 349.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.93% (down 370.0% YoY), and the FY2025 annual result was 22.76%, down 317.0% from the prior year.
  • Gross Margin fell to 19.83% in Q1 2026 per TBI's latest filing, from 21.53% in the prior quarter.
  • Over five years, Gross Margin peaked at 27.85% in Q2 2022 and troughed at 19.83% in Q1 2026.
  • A 5-year average of 25.16% and a median of 26.16% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin soared 169 bps in 2022, then plunged 504 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 26.51% in 2022, then retreated by 2 bps to 26.06% in 2023, then gained by 2 bps to 26.57% in 2024, then dropped by 19 bps to 21.53% in 2025, then declined by 8 bps to 19.83% in 2026.
  • Business Quant data shows TBI's Gross Margin at 19.83% in Q1 2026, 21.53% in Q4 2025, and 22.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Korn Ferry 3.69 Bn 2.72 Bn 724.93 Mn 99.98%
2 Robert Half 3.13 Bn 2.85 Bn 479.91 Mn 36.91%
3 Trinet 2.12 Bn 660.05 Mn 1.16 Bn 94.37%
4 ManpowerGroup 1.56 Bn 1.34 Bn 723.00 Mn 16.03%
5 Insperity 1.38 Bn 825.54 Mn 302.00 Mn 15.94%
6 Barrett Business Services 828.03 Mn 736.15 Mn 43.19 Mn 14.07%
7 Kforce 777.11 Mn 775.77 Mn 90.07 Mn 27.26%
8 Kelly Services 391.13 Mn 365.53 Mn 196.40 Mn 18.87%
9 TrueBlue 205.89 Mn 181.76 Mn 79.02 Mn 19.83%
10 HireQuest 172.03 Mn 171.01 Mn - -

Historic Data

Download Data
DateValue
Mar 29, 2026 19.83%
Dec 28, 2025 21.53%
Sep 28, 2025 22.70%
Jun 29, 2025 23.61%
Mar 30, 2025 23.32%
Dec 29, 2024 26.57%
Sep 29, 2024 26.16%
Jun 30, 2024 26.35%
Mar 31, 2024 24.67%
Dec 31, 2023 26.06%
Sep 24, 2023 26.24%
Jun 25, 2023 27.44%
Mar 26, 2023 26.46%
Dec 25, 2022 26.51%
Sep 25, 2022 27.08%
Jun 26, 2022 27.85%
Mar 27, 2022 25.36%
Dec 26, 2021 26.82%
Sep 26, 2021 25.39%
Jun 27, 2021 26.45%