TrueBlue (TBI) Operating Expenses (2009 - 2026)
TrueBlue (TBI) reported Operating Expenses of $87.3 million for Q1 2026, down 7.74% year-over-year from $94.6 million in Q1 2025, and down 8.05% on a QoQ basis from $94.9 million in Q4 2025.
TrueBlue (TBI) has 18 years of Operating Expenses data on file, last reported at $87.3 million in Q1 2026.
- Quarterly Operating Expenses fell 7.74% year-over-year to $87.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $363.8 million (down 8.73% YoY) and the FY2025 annual result came in at $371.1 million, down 9.68% from the prior year.
- Operating Expenses declined to $87.3 million in Q1 2026 per TBI's latest filing, from $94.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $133.7 million in Q4 2022 and bottomed at $87.3 million in Q1 2026.
- The 5-year median for Operating Expenses is $106.9 million (2024), against an average of $109.7 million.
- The widest annual swing landed in 2022, when Operating Expenses climbed 23.79%; it then dropped 20.01% in 2024.
- Tracing TBI's Operating Expenses over 5 years: stood at $133.7 million in 2022, then declined by 2.82% to $130.0 million in 2023, then dropped by 17.71% to $106.9 million in 2024, then retreated by 11.22% to $94.9 million in 2025, then slipped by 8.05% to $87.3 million in 2026.
- Per Business Quant, the three latest TBI Operating Expenses figures stand at $87.3 million (Q1 2026), $94.9 million (Q4 2025), and $91.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 634.03 Mn |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 443.00 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 1.10 Bn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 240.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 47.48 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 76.76 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 199.30 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 87.30 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 1.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 87.30 Mn |
| Dec 28, 2025 | 94.94 Mn |
| Sep 28, 2025 | 91.73 Mn |
| Jun 29, 2025 | 89.80 Mn |
| Mar 30, 2025 | 94.62 Mn |
| Dec 29, 2024 | 106.94 Mn |
| Sep 29, 2024 | 99.97 Mn |
| Jun 30, 2024 | 97.02 Mn |
| Mar 31, 2024 | 106.94 Mn |
| Dec 31, 2023 | 129.96 Mn |
| Sep 24, 2023 | 120.72 Mn |
| Jun 25, 2023 | 121.28 Mn |
| Mar 26, 2023 | 122.65 Mn |
| Dec 25, 2022 | 133.73 Mn |
| Sep 25, 2022 | 124.35 Mn |
| Jun 26, 2022 | 122.03 Mn |
| Mar 27, 2022 | 120.57 Mn |
| Dec 26, 2021 | 137.67 Mn |
| Sep 26, 2021 | 118.75 Mn |
| Jun 27, 2021 | 110.51 Mn |
| Mar 28, 2021 | 97.40 Mn |
| Dec 27, 2020 | 103.63 Mn |
| Sep 27, 2020 | 90.10 Mn |
| Jun 28, 2020 | 97.20 Mn |
| Mar 29, 2020 | 117.38 Mn |
| Dec 29, 2019 | 133.98 Mn |
| Sep 29, 2019 | 129.80 Mn |
| Jun 30, 2019 | 125.97 Mn |
| Mar 31, 2019 | 127.98 Mn |
| Dec 30, 2018 | 145.28 Mn |
| Sep 30, 2018 | 145.38 Mn |
| Jul 1, 2018 | 134.21 Mn |
| Apr 1, 2018 | 125.76 Mn |
| Dec 31, 2017 | 132.64 Mn |
| Oct 1, 2017 | 131.55 Mn |
| Jul 2, 2017 | 124.75 Mn |
| Apr 2, 2017 | 121.84 Mn |
| Jan 1, 2017 | 145.39 Mn |
| Sep 23, 2016 | 134.68 Mn |
| Jun 24, 2016 | 135.79 Mn |
| Mar 25, 2016 | 130.62 Mn |
| Dec 25, 2015 | 141.42 Mn |
| Sep 25, 2015 | 125.12 Mn |
| Jun 26, 2015 | 117.86 Mn |
| Mar 27, 2015 | 111.59 Mn |
| Dec 26, 2014 | 117.12 Mn |
| Sep 26, 2014 | 120.32 Mn |
| Jun 27, 2014 | 96.35 Mn |
| Mar 28, 2014 | 91.98 Mn |
| Dec 27, 2013 | 93.71 Mn |
| Sep 27, 2013 | 90.77 Mn |
| Jun 28, 2013 | 89.34 Mn |
| Mar 29, 2013 | 88.43 Mn |
| Dec 28, 2012 | 79.22 Mn |
| Sep 28, 2012 | 77.63 Mn |
| Jun 29, 2012 | 71.53 Mn |
| Mar 30, 2012 | 72.08 Mn |
| Dec 30, 2011 | 76.80 Mn |
| Sep 30, 2011 | 73.20 Mn |
| Jul 1, 2011 | 67.70 Mn |
| Apr 1, 2011 | 65.10 Mn |
| Dec 31, 2010 | 71.80 Mn |
| Sep 24, 2010 | 64.44 Mn |
| Jun 25, 2010 | 61.27 Mn |
| Mar 26, 2010 | 61,214.00 |
| Dec 25, 2009 | 65.54 Mn |
| Sep 25, 2009 | 64.95 Mn |
| Jun 26, 2009 | 63.38 Mn |