Trinet (TNET) Current Leases (2015 - 2026)
Trinet (TNET) recorded quarterly Current Leases of $11.0 million in Q1 2026, up 10.0% quarter-over-quarter from $10.0 million in Q4 2025, and down 8.33% on a YoY basis from $12.0 million in Q1 2025.
Trinet (TNET) Current Leases (2015 - 2026) Analysis & Trends
Trinet's Current Leases history runs 9 years deep, the most recent figure standing at $11.0 million for Q1 2026.
- In Q1 2026, Current Leases fell 8.33% year-over-year to $11.0 million; the TTM figure through Mar 2026 stood at $11.0 million (down 8.33% YoY), while the FY2025 annual figure was $10.0 million, down 23.08% from the prior year.
- Current Leases was $11.0 million for Q1 2026 at Trinet, up from $10.0 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $16.0 million in Q1 2023 to a low of $3.0 million in Q2 2025.
- Historically, Current Leases has averaged $13.0 million across 5 years, with a median of $14.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Current Leases soared 36.36% in 2022, then slumped 76.92% in 2025.
- A 5-year view of Current Leases shows it stood at $15.0 million in 2022, then dropped by 6.67% to $14.0 million in 2023, then decreased by 7.14% to $13.0 million in 2024, then decreased by 23.08% to $10.0 million in 2025, then grew by 10.0% to $11.0 million in 2026.
- The last three Current Leases figures came in at $11.0 million (Q1 2026), $10.0 million (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 29.42 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 69.20 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 11.00 Mn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 104.60 Mn |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | - |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 7.17 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 3.41 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 11.40 Mn |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 11.10 Mn |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | 10.00 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 12.00 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 14.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Sep 30, 2022 | 15.00 Mn |
| Jun 30, 2022 | 15.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 11.00 Mn |
| Sep 30, 2021 | 12.00 Mn |
| Jun 30, 2021 | 12.00 Mn |