Trinet (TNET) Interest Expenses (2013 - 2023)

Trinet has reported Interest Expenses for 11 years, with the latest figure at $7.0 million in Q1 2023.

• For the quarter ending Q1 2023, Interest Expenses rose 40.0% year-over-year to $7.0 million; the trailing twelve-month figure through Dec 2023 stood at $7.0 million (down 81.58% YoY), and the FY2022 full-year result was $39.0 million, up 95.0% from the prior year.
• Interest Expenses for Q1 2023 stood at $7.0 million, up from $6.0 million in the prior quarter.
• The five-year high for Interest Expenses was $22.0 million in Q3 2022, with the low at $4.0 million in Q4 2019.
• Average Interest Expenses over 5 years is $6.3 million, with a median of $5.0 million recorded in 2019.
• Year-over-year, Interest Expenses tumbled 37.5% in 2021 and jumped 340.0% in 2022.
• Tracing TNET's Interest Expenses over 5 years: stood at $4.0 million in 2019, then increased by 25.0% to $5.0 million in 2020, then changed by 0.0% to $5.0 million in 2021, then advanced by 20.0% to $6.0 million in 2022, then advanced by 16.67% to $7.0 million in 2023.
• The last three Interest Expenses figures came in at $7.0 million (Q1 2023), $6.0 million (Q4 2022), and $22.0 million (Q3 2022), per Business Quant data.

Peer Comparison