Growth Metrics

Trinet (TNET) Cost of Revenue (2013 - 2026)

Trinet's quarterly Cost of Revenue came in at $69.0 million in Q1 2026, up 2.99% year-on-year from $67.0 million in Q1 2025, and up 4.55% quarter-over-quarter from $66.0 million in Q4 2025.

Trinet has reported Cost of Revenue for 14 years, with the latest figure at $69.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 2.99% year-over-year to $69.0 million; the trailing twelve-month figure through Mar 2026 stood at $271.0 million (down 4.58% YoY), and the FY2025 full-year result was $269.0 million, down 6.92% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $69.0 million, up from $66.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $75.0 million in Q3 2023, with the low at $45.0 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $67.9 million, with a median of $69.0 million recorded in 2023.
  • Year-over-year, Cost of Revenue soared 53.33% in 2023 and fell 8.11% in 2025.
  • Tracing TNET's Cost of Revenue over 5 years: stood at $63.0 million in 2022, then gained by 12.7% to $71.0 million in 2023, then changed by 0.0% to $71.0 million in 2024, then retreated by 7.04% to $66.0 million in 2025, then gained by 4.55% to $69.0 million in 2026.
  • The last three Cost of Revenue figures came in at $69.0 million (Q1 2026), $66.0 million (Q4 2025), and $68.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn 111,000.00
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn 820.27 Mn
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn 69.00 Mn
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn 3.79 Bn
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn 1.59 Bn
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn 263.82 Mn
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn 240.30 Mn
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn 844.30 Mn
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn 319.55 Mn
10 HireQuest 182.43 Mn 181.41 Mn - -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 69.00 Mn
Mar 31, 2026 69.00 Mn
Dec 31, 2025 66.00 Mn
Dec 31, 2025 66.00 Mn
Sep 30, 2025 68.00 Mn
Sep 30, 2025 68.00 Mn
Jun 30, 2025 68.00 Mn
Jun 30, 2025 68.00 Mn
Mar 31, 2025 67.00 Mn
Mar 31, 2025 67.00 Mn
Dec 31, 2024 71.00 Mn
Dec 31, 2024 71.00 Mn
Sep 30, 2024 74.00 Mn
Sep 30, 2024 74.00 Mn
Jun 30, 2024 72.00 Mn
Jun 30, 2024 72.00 Mn
Mar 31, 2024 72.00 Mn
Mar 31, 2024 72.00 Mn
Dec 31, 2023 71.00 Mn
Dec 31, 2023 71.00 Mn
Sep 30, 2023 75.00 Mn
Sep 30, 2023 75.00 Mn
Jun 30, 2023 70.00 Mn
Jun 30, 2023 70.00 Mn
Mar 31, 2023 69.00 Mn
Mar 31, 2023 69.00 Mn
Dec 31, 2022 63.00 Mn
Dec 31, 2022 63.00 Mn
Sep 30, 2022 72.00 Mn
Sep 30, 2022 72.00 Mn
Jun 30, 2022 62.00 Mn
Jun 30, 2022 62.00 Mn
Mar 31, 2022 45.00 Mn
Mar 31, 2022 45.00 Mn
Dec 31, 2021 55.00 Mn
Dec 31, 2021 55.00 Mn
Sep 30, 2021 56.00 Mn
Sep 30, 2021 56.00 Mn
Jun 30, 2021 45.00 Mn
Jun 30, 2021 45.00 Mn
Mar 31, 2021 46.00 Mn
Mar 31, 2021 46.00 Mn
Dec 31, 2020 50.00 Mn
Dec 31, 2020 50.00 Mn
Sep 30, 2020 45.00 Mn
Sep 30, 2020 45.00 Mn
Jun 30, 2020 45.00 Mn
Jun 30, 2020 45.00 Mn
Mar 31, 2020 46.00 Mn
Mar 31, 2020 46.00 Mn
Dec 31, 2019 45.00 Mn
Dec 31, 2019 45.00 Mn
Sep 30, 2019 47.00 Mn
Sep 30, 2019 47.00 Mn
Jun 30, 2019 52.00 Mn
Jun 30, 2019 52.00 Mn
Mar 31, 2019 46.00 Mn
Mar 31, 2019 46.00 Mn
Dec 31, 2018 50.00 Mn
Dec 31, 2018 50.00 Mn
Sep 30, 2018 52.00 Mn
Sep 30, 2018 52.00 Mn
Jun 30, 2018 51.00 Mn
Jun 30, 2018 51.00 Mn
Mar 31, 2018 57.00 Mn
Mar 31, 2018 57.00 Mn
Dec 31, 2017 30.00 Mn
Dec 31, 2017 30.00 Mn
Sep 30, 2017 44.00 Mn
Sep 30, 2017 44.00 Mn
Jun 30, 2017 51.00 Mn
Jun 30, 2017 51.00 Mn
Mar 31, 2017 49.00 Mn
Mar 31, 2017 49.00 Mn
Dec 31, 2016 40.02 Mn
Dec 31, 2016 40.02 Mn
Sep 30, 2016 50.14 Mn
Sep 30, 2016 50.14 Mn
Jun 30, 2016 43.80 Mn
Jun 30, 2016 43.80 Mn
Mar 31, 2016 48.71 Mn
Mar 31, 2016 48.71 Mn
Dec 31, 2015 43.26 Mn
Dec 31, 2015 43.26 Mn
Sep 30, 2015 45.00 Mn
Sep 30, 2015 45.00 Mn
Jun 30, 2015 37.67 Mn
Jun 30, 2015 37.67 Mn
Mar 31, 2015 37.62 Mn
Mar 31, 2015 37.62 Mn
Dec 31, 2014 35.77 Mn
Dec 31, 2014 35.77 Mn
Sep 30, 2014 32.58 Mn
Sep 30, 2014 32.58 Mn
Jun 30, 2014 34.03 Mn
Jun 30, 2014 34.03 Mn
Mar 31, 2014 31.84 Mn
Mar 31, 2014 31.84 Mn
Dec 31, 2013 29.80 Mn
Dec 31, 2013 29.80 Mn
Sep 30, 2013 27.56 Mn
Sep 30, 2013 27.56 Mn
Jun 30, 2013 25.39 Mn
Jun 30, 2013 25.39 Mn
Mar 31, 2013 22.82 Mn
Mar 31, 2013 22.82 Mn