Trinet (TNET) Cost of Revenue (2013 - 2019)
Trinet (TNET) posted quarterly Cost of Revenue of $63.0 million for Q2 2019, up 23.53% year-over-year from $51.0 million in Q2 2018, and down 1.56% quarter-over-quarter from $64.0 million in Q1 2019.
Trinet (TNET) Cost of Revenue (2013 - 2019) Analysis & Trends
Trinet's Cost of Revenue history runs 7 years deep, the most recent figure standing at $63.0 million for Q2 2019.
- In Q2 2019, Cost of Revenue rose 23.53% year-over-year to $63.0 million; the TTM figure through Jun 2019 stood at $248.0 million (up 15.89% YoY), while the FY2019 annual figure was $245.0 million, up 6.99% from the prior year.
- Cost of Revenue for Q2 2019 stood at $63.0 million, down from $64.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $64.0 million in Q1 2019, with the low at $36.4 million in Q1 2015.
- The 5-year median for Cost of Revenue is $50.6 million (2016), against an average of $50.6 million.
- The sharpest annual moves came in 2016 and 2017: Cost of Revenue surged 33.57% in 2016, then fell 0.28% in 2017.
- Trinet's Cost of Revenue stood at $39.4 million in 2015, then gained by 27.15% to $50.1 million in 2016, then climbed by 11.73% to $56.0 million in 2017, then increased by 12.5% to $63.0 million in 2018, then changed by 0.0% to $63.0 million in 2019.
- Business Quant data shows TNET's Cost of Revenue at $63.0 million in Q2 2019, $64.0 million in Q1 2019, and $63.0 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.49 Bn | 4.16 Bn | 474.03 Mn | 862.34 Mn |
| 2 | Korn Ferry | 4.38 Bn | 3.24 Bn | 685.99 Mn | 82.26 Mn |
| 3 | Trinet | 3.24 Bn | 1.36 Bn | - | - |
| 4 | ManpowerGroup | 2.89 Bn | 2.71 Bn | 780.30 Mn | 4.08 Bn |
| 5 | Insperity | 2.01 Bn | 1.39 Bn | 217.00 Mn | 1.47 Bn |
| 6 | Kforce | 978.37 Mn | 978.04 Mn | 99.45 Mn | 249.88 Mn |
| 7 | Barrett Business Services | 817.12 Mn | 717.73 Mn | 64.85 Mn | 254.41 Mn |
| 8 | Kelly Services | 594.06 Mn | 569.86 Mn | 212.00 Mn | 826.20 Mn |
| 9 | TrueBlue | 321.78 Mn | 298.53 Mn | 91.58 Mn | 351.42 Mn |
| 10 | HireQuest | 234.33 Mn | 232.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 63.00 Mn |
| Jun 30, 2019 | 63.00 Mn |
| Mar 31, 2019 | 64.00 Mn |
| Mar 31, 2019 | 64.00 Mn |
| Dec 31, 2018 | 63.00 Mn |
| Dec 31, 2018 | 63.00 Mn |
| Sep 30, 2018 | 58.00 Mn |
| Sep 30, 2018 | 58.00 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 | 56.00 Mn |
| Dec 31, 2017 | 56.00 Mn |
| Sep 30, 2017 | 50.00 Mn |
| Sep 30, 2017 | 50.00 Mn |
| Jun 30, 2017 | 51.00 Mn |
| Jun 30, 2017 | 51.00 Mn |
| Mar 31, 2017 | 57.00 Mn |
| Mar 31, 2017 | 57.00 Mn |