TrueBlue (TBI) Operating Expenses (2009 - 2026)

On a trailing twelve-month basis, TrueBlue's Operating Expenses was $357.8 million through Jun 28, 2026, down 8.6% year-over-year; for FY2025, it was $371.09 million, down 9.7% from FY2024.

• Operating Expenses has now declined for three consecutive years, with a five-year compound annual growth rate of -1.9% (FY2020 to FY2025).
• In earlier years, Operating Expenses was $410.87 million in FY2024 (-16.9%), $494.6 million in FY2023 (-1.2%), $500.69 million in FY2022 (+7.8%) and $464.32 million in FY2021 (+13.7%).
• The Q2 2026 figure marks the lowest quarterly Operating Expenses since Q4 2012.
• Compared with a year earlier, Operating Expenses has declined for 13 straight quarters, with an average decline of 11.0% over the last eight quarters.
• The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 32.8%); the worst was Q2 2024 (a decline of 20.0%).
• Per Business Quant data, TBI's Operating Expenses in the three quarters before Q2 2026 was $87.3 million (Q1 2026), $94.94 million (Q4 2025) and $91.73 million (Q3 2025).