Trinet TNET
NYSE TNET
$66.73 +0.82 (+1.24%)
As of: Sep 9, 2026 · 3:59 PM EDT

Trinet (TNET) Operating Income (2013 - 2024)

Trinet (TNET) posted Operating Income of $58.0 million for Q3 2024, down 27.5% on a QoQ basis from $80.0 million in Q2 2024, and down 50.0% year-over-year from $116.0 million in Q4 2023.

Analysis

Trinet (TNET) Operating Income (2013 - 2024) Analysis & Trends

Trinet has reported Operating Income for 12 years, with the latest figure at $58.0 million in Q3 2024.

  • On a quarterly basis, Operating Income fell 50.0% year-over-year to $58.0 million in Q3 2024; TTM through Sep 2024 was $347.0 million, a 20.78% decrease from a year earlier, with the FY2023 full-year figure at $469.0 million, down 6.01% from the prior year.
  • Operating Income was $58.0 million for Q3 2024 at Trinet, down from $80.0 million in the prior quarter.
  • The five-year high for Operating Income was $204.0 million in Q1 2022, with the low at $30.0 million in Q4 2020.
  • Average Operating Income over 5 years is $107.9 million, with a median of $116.0 million recorded in 2023.
  • The largest YoY upside for Operating Income was 214.55% in 2020 against a maximum downside of 52.38% in 2020.
  • Over 5 years, Operating Income stood at $30.0 million in 2020, then soared by 203.33% to $91.0 million in 2021, then slumped by 38.46% to $56.0 million in 2022, then surged by 55.36% to $87.0 million in 2023, then plunged by 33.33% to $58.0 million in 2024.
  • The last three Operating Income figures came in at $58.0 million (Q3 2024), $80.0 million (Q2 2024), and $122.0 million (Q1 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Robert Half 3.86 Bn 3.54 Bn 474.03 Mn -62.30 Mn
2 Trinet 3.06 Bn 1.18 Bn - -
3 ManpowerGroup 2.67 Bn 2.49 Bn 780.30 Mn 112.00 Mn
4 Insperity 1.91 Bn 1.29 Bn 217.00 Mn 6.00 Mn
5 Amn Healthcare Services 1.34 Bn 1.31 Bn 205.88 Mn 26.91 Mn
6 Kforce 861.70 Mn 861.37 Mn 99.45 Mn 18.75 Mn
7 Barrett Business Services 790.34 Mn 690.95 Mn 64.85 Mn 15.40 Mn
8 Quhuo 561.27 Mn 554.90 Mn 1.19 Mn -15.44 Mn
9 Kelly Services 552.42 Mn 528.22 Mn 212.00 Mn 16.10 Mn
10 Cross Country Healthcare 428.41 Mn 322.82 Mn 47.59 Mn -4.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 58.00 Mn
Jun 30, 2024 80.00 Mn
Mar 31, 2024 122.00 Mn
Dec 31, 2023 87.00 Mn
Sep 30, 2023 116.00 Mn
Jun 30, 2023 97.00 Mn
Mar 31, 2023 169.00 Mn
Dec 31, 2022 56.00 Mn
Sep 30, 2022 120.00 Mn
Jun 30, 2022 119.00 Mn
Mar 31, 2022 204.00 Mn
Dec 31, 2021 91.00 Mn
Sep 30, 2021 105.00 Mn
Jun 30, 2021 121.00 Mn
Mar 31, 2021 138.00 Mn
Dec 31, 2020 30.00 Mn
Sep 30, 2020 45.00 Mn
Jun 30, 2020 173.00 Mn
Mar 31, 2020 120.00 Mn
Dec 31, 2019 63.00 Mn