Trinet (TNET) Interest Expenses (2013 - 2023)

Trinet's Interest Expenses history runs 11 years deep, the most recent figure standing at $7.0 million for Q1 2023.

• In Q1 2023, Interest Expenses rose 40.0% year-over-year to $7.0 million; the TTM figure through Dec 2023 stood at $7.0 million (down 81.58% YoY), while the FY2022 annual figure was $39.0 million, up 95.0% from the prior year.
• Interest Expenses was $7.0 million for Q1 2023 at Trinet, up from $6.0 million in the prior quarter.
• In the past five years, Interest Expenses ranged from a high of $22.0 million in Q3 2022 to a low of $4.0 million in Q4 2019.
• Historically, Interest Expenses has averaged $6.3 million across 5 years, with a median of $5.0 million in 2019.
• The sharpest annual moves came in 2021 and 2022: Interest Expenses tumbled 37.5% in 2021, then surged 340.0% in 2022.
• A 5-year view of Interest Expenses shows it stood at $4.0 million in 2019, then grew by 25.0% to $5.0 million in 2020, then changed by 0.0% to $5.0 million in 2021, then gained by 20.0% to $6.0 million in 2022, then gained 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.