Trinet (TNET) Operating Expenses (2013 - 2026)
Trinet's quarterly Operating Expenses came in at $1.1 billion in Q1 2026, down 6.29% year-on-year from $1.2 billion in Q1 2025, and up 1390.54% quarter-over-quarter from $74.0 million in Q4 2025.
Trinet has reported Operating Expenses for 14 years, with the latest figure at $1.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 6.29% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (down 2.61% YoY), and the FY2025 full-year result was $283.0 million, down 7.82% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.1 billion, up from $74.0 million in the prior quarter.
- The five-year high for Operating Expenses was $1.2 billion in Q3 2024, with the low at $74.0 million in Q4 2025.
- Average Operating Expenses over 5 years is $1.0 billion, with a median of $1.1 billion recorded in 2022.
- Year-over-year, Operating Expenses gained 10.42% in 2022 and plunged 90.67% in 2024.
- Tracing TNET's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then fell by 1.03% to $1.2 billion in 2023, then sank by 90.67% to $108.0 million in 2024, then slumped by 31.48% to $74.0 million in 2025, then jumped by 1390.54% to $1.1 billion in 2026.
- The last three Operating Expenses figures came in at $1.1 billion (Q1 2026), $74.0 million (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 634.03 Mn |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 443.00 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 1.10 Bn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | - |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 240.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | 47.48 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 76.76 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | 199.30 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | 87.30 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 1.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 74.00 Mn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.19 Bn |
| Mar 31, 2025 | 1.18 Bn |
| Dec 31, 2024 | 108.00 Mn |
| Sep 30, 2024 | 1.19 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.16 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.11 Bn |
| Jun 30, 2023 | 1.11 Bn |
| Mar 31, 2023 | 1.08 Bn |
| Dec 31, 2022 | 1.17 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.01 Bn |
| Dec 31, 2021 | 1.14 Bn |
| Sep 30, 2021 | 1.04 Bn |
| Jun 30, 2021 | 979.00 Mn |
| Mar 31, 2021 | 922.00 Mn |
| Dec 31, 2020 | 1.03 Bn |
| Sep 30, 2020 | 930.00 Mn |
| Jun 30, 2020 | 775.00 Mn |
| Mar 31, 2020 | 928.00 Mn |
| Dec 31, 2019 | 955.00 Mn |
| Sep 30, 2019 | 901.00 Mn |
| Jun 30, 2019 | 880.00 Mn |
| Mar 31, 2019 | 852.00 Mn |
| Dec 31, 2018 | 875.00 Mn |
| Sep 30, 2018 | 813.00 Mn |
| Jun 30, 2018 | 774.00 Mn |
| Mar 31, 2018 | 790.00 Mn |
| Dec 31, 2017 | 800.00 Mn |
| Sep 30, 2017 | 755.00 Mn |
| Jun 30, 2017 | 744.00 Mn |
| Mar 31, 2017 | 758.00 Mn |
| Dec 31, 2016 | 768.00 Mn |
| Sep 30, 2016 | 741.49 Mn |
| Jun 30, 2016 | 719.48 Mn |
| Mar 31, 2016 | 707.04 Mn |
| Dec 31, 2015 | 696.12 Mn |
| Sep 30, 2015 | 656.33 Mn |
| Jun 30, 2015 | 634.02 Mn |
| Mar 31, 2015 | 594.54 Mn |
| Dec 31, 2014 | 583.42 Mn |
| Sep 30, 2014 | 534.71 Mn |
| Jun 30, 2014 | 504.98 Mn |
| Mar 31, 2014 | 483.64 Mn |
| Dec 31, 2013 | 458.12 Mn |
| Sep 30, 2013 | 440.83 Mn |
| Jun 30, 2013 | 349.50 Mn |
| Mar 31, 2013 | 329.49 Mn |