Trinet (TNET) Gross Margin (2013 - 2026)

Trinet's Gross Margin history runs 14 years deep, the most recent figure standing at 94.37% for Q1 2026.

• In Q1 2026, Gross Margin fell 44.0% year-over-year to 94.37%; the TTM figure through Mar 2026 stood at 94.52% (up 13.0% YoY), while the FY2025 annual figure was 94.63%, up 35.0% from the prior year.
• Gross Margin was 94.37% for Q1 2026 at Trinet, roughly flat from 94.71% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 96.31% in Q1 2022 to a low of 93.86% in Q3 2023.
• Historically, Gross Margin has averaged 94.56% across 5 years, with a median of 94.46% in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin soared 65 bps in 2022, then plunged 184 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 94.95% in 2022, then declined by 0 bps to 94.61% in 2023, then dropped by 0 bps to 94.44% in 2024, then advanced by 0 bps to 94.71% in 2025, then fell by 0 bps to 94.37% in 2026.
• The last three Gross Margin figures came in at 94.37% (Q1 2026), 94.71% (Q4 2025), and 94.48% (Q3 2025), per Business Quant data.