Trinet (TNET) Operating Leases (2019 - 2026)
Trinet's quarterly Operating Leases came in at $39.0 million in Q1 2026, up 62.5% year-on-year from $24.0 million in Q1 2025, and up 5.41% quarter-over-quarter from $37.0 million in Q4 2025.
Trinet has reported Operating Leases for 8 years, with the latest figure at $39.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 62.5% year-over-year to $39.0 million; the trailing twelve-month figure through Mar 2026 stood at $39.0 million (up 62.5% YoY), and the FY2025 full-year result was $37.0 million, up 42.31% from the prior year.
- Operating Leases for Q1 2026 stood at $39.0 million, up from $37.0 million in the prior quarter.
- The five-year high for Operating Leases was $48.0 million in Q1 2022, with the low at $24.0 million in Q2 2024.
- Average Operating Leases over 5 years is $35.1 million, with a median of $36.0 million recorded in 2023.
- Year-over-year, Operating Leases retreated 27.27% in 2024 and jumped 100.0% in 2025.
- Tracing TNET's Operating Leases over 5 years: stood at $41.0 million in 2022, then retreated by 26.83% to $30.0 million in 2023, then retreated by 13.33% to $26.0 million in 2024, then jumped by 42.31% to $37.0 million in 2025, then advanced by 5.41% to $39.0 million in 2026.
- The last three Operating Leases figures came in at $39.0 million (Q1 2026), $37.0 million (Q4 2025), and $38.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.00 Mn |
| Dec 31, 2025 | 37.00 Mn |
| Sep 30, 2025 | 38.00 Mn |
| Jun 30, 2025 | 48.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 26.00 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Dec 31, 2022 | 41.00 Mn |
| Sep 30, 2022 | 41.00 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 41.00 Mn |
| Sep 30, 2021 | 43.00 Mn |
| Jun 30, 2021 | 46.00 Mn |
| Mar 31, 2021 | 49.00 Mn |
| Dec 31, 2020 | 49.00 Mn |
| Sep 30, 2020 | 41.00 Mn |
| Jun 30, 2020 | 43.00 Mn |
| Mar 31, 2020 | 45.00 Mn |
| Dec 31, 2019 | 48.00 Mn |
| Jun 30, 2019 | 72.00 Mn |
| Mar 31, 2019 | 70.00 Mn |