Trinet (TNET) Leases (2013 - 2026)
Trinet's quarterly Leases came in at $38.0 million in Q1 2026, up 72.73% year-on-year from $22.0 million in Q1 2025, and up 5.56% quarter-over-quarter from $36.0 million in Q4 2025.
Trinet has reported Leases for 11 years, with the latest figure at $38.0 million in Q1 2026.
- For the quarter ending Q1 2026, Leases rose 72.73% year-over-year to $38.0 million; the trailing twelve-month figure through Mar 2026 stood at $38.0 million (up 72.73% YoY), and the FY2025 full-year result was $36.0 million, up 50.0% from the prior year.
- Leases for Q1 2026 stood at $38.0 million, up from $36.0 million in the prior quarter.
- The five-year high for Leases was $48.0 million in Q1 2022, with the low at $21.0 million in Q2 2024.
- Average Leases over 5 years is $31.5 million, with a median of $30.0 million recorded in 2024.
- Year-over-year, Leases plunged 40.0% in 2023 and surged 85.71% in 2025.
- Tracing TNET's Leases over 5 years: stood at $31.0 million in 2022, then slipped by 22.58% to $24.0 million in 2023, then changed by 0.0% to $24.0 million in 2024, then soared by 50.0% to $36.0 million in 2025, then advanced by 5.56% to $38.0 million in 2026.
- The last three Leases figures came in at $38.0 million (Q1 2026), $36.0 million (Q4 2025), and $37.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 141.08 Mn |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 206.55 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 38.00 Mn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 373.90 Mn |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 60.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 24.34 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 14.71 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 37.60 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 33.03 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 36.00 Mn |
| Sep 30, 2025 | 37.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 22.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 21.00 Mn |
| Mar 31, 2024 | 22.00 Mn |
| Dec 31, 2023 | 24.00 Mn |
| Sep 30, 2023 | 24.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | 31.00 Mn |
| Sep 30, 2022 | 38.00 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 42.00 Mn |
| Sep 30, 2021 | 44.00 Mn |
| Jun 30, 2021 | 48.00 Mn |
| Mar 31, 2021 | 51.00 Mn |
| Dec 31, 2020 | 51.00 Mn |
| Sep 30, 2020 | 42.00 Mn |
| Jun 30, 2020 | 46.00 Mn |
| Mar 31, 2020 | 52.00 Mn |
| Dec 31, 2019 | 55.00 Mn |
| Jun 30, 2019 | 60.00 Mn |
| Mar 31, 2019 | 59.00 Mn |
| Dec 31, 2015 | 200,000.00 |
| Sep 30, 2015 | 200,000.00 |
| Jun 30, 2015 | 200,000.00 |
| Mar 31, 2015 | 1.20 Mn |
| Dec 31, 2014 | 1.40 Mn |
| Sep 30, 2014 | 1.50 Mn |
| Dec 31, 2013 | 1.40 Mn |