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% on a QoQ basis from 21.53% in Q4 2025.
TrueBlue (TBI) has 18 years of Gross Margin data on file, last reported at 19.83% in Q1 2026.
- Quarterly Gross Margin fell 349.0% year-over-year to 19.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.93% (down 370.0% YoY) and the FY2025 annual result came in at 22.76%, down 317.0% from the prior year.
- Gross Margin retreated to 19.83% in Q1 2026 per TBI's latest filing, from 21.53% in the prior quarter.
- Across five years, Gross Margin topped out at 27.85% in Q2 2022 and bottomed at 19.83% in Q1 2026.
- The 5-year median for Gross Margin is 26.16% (2024), against an average of 25.16%.
- The widest annual swing landed in 2022, when Gross Margin jumped 169 bps; it then slumped 504 bps in 2025.
- Tracing TBI's Gross Margin over 5 years: stood at 26.51% in 2022, then declined by 2 bps to 26.06% in 2023, then increased by 2 bps to 26.57% in 2024, then decreased by 19 bps to 21.53% in 2025, then slipped by 8 bps to 19.83% in 2026.
- Per Business Quant, the three latest TBI Gross Margin figures stand at 19.83% (Q1 2026), 21.53% (Q4 2025), and 22.7% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 99.98% |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 36.91% |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 94.37% |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 16.03% |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 15.94% |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 14.07% |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 27.26% |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 18.87% |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 19.83% |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 28, 2021 | 24.11% |
| Dec 27, 2020 | 23.29% |
| Sep 27, 2020 | 23.28% |
| Jun 28, 2020 | 23.19% |
| Mar 29, 2020 | 25.53% |
| Dec 29, 2019 | 25.44% |
| Sep 29, 2019 | 26.34% |
| Jun 30, 2019 | 26.62% |
| Mar 31, 2019 | 26.56% |
| Dec 30, 2018 | 26.52% |
| Sep 30, 2018 | 27.09% |
| Jul 1, 2018 | 5,709.79% |
| Apr 1, 2018 | 25.84% |
| Dec 31, 2017 | 25.05% |
| Oct 1, 2017 | 26.03% |
| Jul 2, 2017 | 25.45% |
| Apr 2, 2017 | 24.54% |
| Jan 1, 2017 | 24.61% |
| Sep 23, 2016 | 25.59% |
| Jun 24, 2016 | 25.26% |
| Mar 25, 2016 | 23.30% |
| Dec 25, 2015 | 22.82% |
| Sep 25, 2015 | 24.69% |
| Jun 26, 2015 | 24.21% |
| Mar 27, 2015 | 22.65% |
| Dec 26, 2014 | 22.89% |
| Sep 26, 2014 | 25.20% |
| Jun 27, 2014 | 26.38% |
| Mar 28, 2014 | 25.14% |
| Dec 27, 2013 | 26.79% |
| Sep 27, 2013 | 27.38% |
| Jun 28, 2013 | 26.49% |
| Mar 29, 2013 | 25.00% |
| Dec 28, 2012 | 27.39% |
| Sep 28, 2012 | 27.73% |
| Jun 29, 2012 | 26.40% |
| Mar 30, 2012 | 25.46% |
| Dec 30, 2011 | 26.24% |
| Sep 30, 2011 | 26.87% |
| Jul 1, 2011 | 26.64% |
| Apr 1, 2011 | 25.52% |
| Dec 31, 2010 | 26.26% |
| Sep 24, 2010 | 27.04% |
| Jun 25, 2010 | 26.63% |
| Mar 26, 2010 | 25.48% |
| Dec 25, 2009 | 27.82% |
| Sep 25, 2009 | 29.01% |
| Jun 26, 2009 | 29.48% |