Growth Metrics

Trinet (TNET) Net Margin (2013 - 2026)

Trinet's quarterly Net Margin came in at 7.26% in Q1 2026, up 68.0% year-on-year from 4.32% in Q1 2025, and up 9159.71% quarter-over-quarter from 0.08% in Q4 2025.

Trinet has reported Net Margin for 14 years, with the latest figure at 7.26% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 68.0% year-over-year to 7.26%; the trailing twelve-month figure through Mar 2026 stood at 3.22% (down 8.0% YoY), and the FY2025 full-year result was 3.09%, down 33.0% from the prior year.
  • Net Margin for Q1 2026 stood at 7.26%, up from 0.08% 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.
  • Average Net Margin over 5 years is 5.44%, with a median of 6.2% recorded in 2022.
  • Year-over-year, Net Margin jumped 246 bps in 2022 and sank 689 bps in 2024.
  • Tracing TNET's Net Margin over 5 years: stood at 3.85% in 2022, then soared by 32 bps to 5.09% in 2023, then plunged by 135 bps to 1.8% in 2024, then jumped by 96 bps to 0.08% in 2025, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn 9.12%
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn 1.06%
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn 7.26%
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn 0.06%
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn 1.74%
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn -4.82%
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn 2.40%
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn -0.57%
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn -4.97%
10 HireQuest 182.43 Mn 181.41 Mn - -0.14%

Historic Data

Download Data 🔒
DateValue
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%
Mar 31, 2021 9.53%
Dec 31, 2020 2.07%
Sep 30, 2020 3.38%
Jun 30, 2020 13.29%
Mar 31, 2020 8.68%
Dec 31, 2019 4.72%
Sep 30, 2019 5.68%
Jun 30, 2019 4.92%
Mar 31, 2019 6.75%
Dec 31, 2018 3.16%
Sep 30, 2018 5.83%
Jun 30, 2018 6.82%
Mar 31, 2018 6.27%
Dec 31, 2017 7.78%
Sep 30, 2017 5.26%
Jun 30, 2017 4.99%
Mar 31, 2017 3.59%
Dec 31, 2016 2.78%
Sep 30, 2016 1.89%
Jun 30, 2016 1.65%
Mar 31, 2016 1.58%
Dec 31, 2015 1.98%
Sep 30, 2015 0.46%
Jun 30, 2015 -0.20%
Mar 31, 2015 2.53%
Dec 31, 2014 1.16%
Sep 30, 2014 0.13%
Jun 30, 2014 1.18%
Mar 31, 2014 0.30%
Dec 31, 2013 1.25%
Sep 30, 2013 -1.73%
Jun 30, 2013 1.19%
Mar 31, 2013 3.00%