Trinet (TNET) Net Margin (2013 - 2026)
Trinet (TNET) recorded quarterly Net Margin of 7.26% in Q1 2026, up 9159.71% quarter-over-quarter from 0.08% in Q4 2025, and up 68.0% on a YoY basis from 4.32% in Q1 2025.
Trinet (TNET) Net Margin (2013 - 2026) Analysis & Trends
Trinet's Net Margin history runs 14 years deep, the most recent figure standing at 7.26% for Q1 2026.
- In Q1 2026, Net Margin rose 68.0% year-over-year to 7.26%; the TTM figure through Mar 2026 stood at 3.22% (down 8.0% YoY), while the FY2025 annual figure was 3.09%, down 33.0% from the prior year.
- Net Margin was 7.26% for Q1 2026 at Trinet, up from 0.08% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 11.99% in Q1 2022 to a low of 1.8% in Q4 2024.
- Historically, Net Margin has averaged 5.44% across 5 years, with a median of 6.2% in 2022.
- The sharpest annual moves came in 2022 and 2024: Net Margin surged 246 bps in 2022, then sank 689 bps in 2024.
- A 5-year view of Net Margin shows it stood at 3.85% in 2022, then surged by 32 bps to 5.09% in 2023, then sank by 135 bps to 1.8% in 2024, then soared by 96 bps to 0.08% in 2025, then soared by 9160 bps to 7.26% in 2026.
- The last three Net Margin figures came in at 7.26% (Q1 2026), 0.08% (Q4 2025), and 2.76% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 9.12% |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 1.06% |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 7.26% |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 0.06% |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 1.74% |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | -4.82% |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 2.40% |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | -0.57% |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | -4.97% |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | -0.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 8.27% |