Trinet (TNET) Net Margin (2013 - 2026)
Trinet (TNET) posted quarterly Net Margin of 4.5% for Q2 2026, up 151.0% year-over-year from 1.79% in Q2 2025, and down 38.02% quarter-over-quarter from 7.26% in Q1 2026.
Trinet (TNET) Net Margin (2013 - 2026) Analysis & Trends
Trinet's Net Margin history runs 14 years deep, the most recent figure standing at 4.5% for Q2 2026.
- In Q2 2026, Net Margin rose 151.0% year-over-year to 4.5%; the TTM figure through Jun 2026 stood at 3.58% (up 74.0% YoY), while the FY2025 annual figure was 3.09%, down 33.0% from the prior year.
- Net Margin for Q2 2026 stood at 4.5%, down from 7.26% in the prior quarter.
- The five-year high for Net Margin was 11.99% in Q1 2022, with the low at 1.8% in Q4 2024.
- The 5-year median for Net Margin is 5.65% (2022), against an average of 5.39%.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 246 bps in 2022, then plunged 689 bps in 2024.
- Trinet's Net Margin stood at 3.85% in 2022, then jumped by 32 bps to 5.09% in 2023, then plunged by 135 bps to 1.8% in 2024, then surged by 96 bps to 0.08% in 2025, then soared by 5715 bps to 4.5% in 2026.
- Business Quant data shows TNET's Net Margin at 4.5% in Q2 2026, 7.26% in Q1 2026, and 0.08% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | 1.97% |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 9.61% |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | 4.50% |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 1.10% |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 0.24% |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 3.53% |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 4.03% |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 1.10% |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | -0.76% |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | 33.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.50% |
| Mar 31, 2026 | 7.26% |
| Dec 31, 2025 | -0.08% |
| Sep 30, 2025 | 2.76% |
| Jun 30, 2025 | 2.99% |
| Mar 31, 2025 | 6.58% |
| Dec 31, 2024 | -1.80% |
| Sep 30, 2024 | 3.59% |
| Jun 30, 2024 | 4.83% |
| Mar 31, 2024 | 7.10% |
| Dec 31, 2023 | 5.09% |
| Sep 30, 2023 | 7.69% |
| Jun 30, 2023 | 6.87% |
| Mar 31, 2023 | 10.51% |
| Dec 31, 2022 | 3.85% |
| Sep 30, 2022 | 6.20% |
| Jun 30, 2022 | 7.08% |
| Mar 31, 2022 | 11.99% |
| Dec 31, 2021 | 5.60% |
| Sep 30, 2021 | 6.71% |