Trinet (TNET) Research & Development (2017 - 2026)
Trinet (TNET) recorded Research & Development of $17 million in Q2 2026, unchanged from $17 million a year earlier and down 10.5% from the prior quarter.
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Analysis
Trinet (TNET) Research & Development (2017 - 2026) Analysis & Trends
On a TTM basis, Trinet's Research & Development came in at $70 million as of Jun 30, 2026, unchanged year-over-year; for FY2025, it came in at $71 million, up 4.4% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $68 million in FY2024 (+4.6%), $65 million in FY2023 (-11.0%), $73 million in FY2022 (+46.0%) and $50 million in FY2021 (+25.0%).
- Quarterly Research & Development has ranged from $12 million in Q3 2021 to $20 million in Q1 2025 over the past five years.
- On a year-over-year basis, Research & Development rose in three of the last eight quarters, with growth averaging 3.2%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 81.8% in Q2 2022, against a decline of 16.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $19 million (Q1 2026), $16 million (Q4 2025) and $18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn | - |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn | - |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn | - |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn | - |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn | - |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn | - |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | - |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - | - |
| 10 | Trinet | 2.88 Bn | 1.57 Bn | - | 17.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 17.00 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 17.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 16.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Jun 30, 2023 | 17.00 Mn |
| Mar 31, 2023 | 17.00 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | 18.00 Mn |
| Jun 30, 2022 | 20.00 Mn |
| Mar 31, 2022 | 16.00 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Sep 30, 2021 | 12.00 Mn |
API Access
Trinet Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();