Trinet (TNET) Shares Outstanding (2013 - 2026)
Trinet (TNET) reported Shares Outstanding of 46 million for Q2 2026, down 4.2% from 48 million a year earlier and down 2.1% from the prior quarter.
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Analysis
Trinet (TNET) Shares Outstanding (2013 - 2026) Analysis & Trends
For FY2025, Trinet posted Shares Outstanding of 48 million, down 4.0% from FY2024.
- Shares Outstanding has declined for seven consecutive years, with a five-year compound annual growth rate of -6.5% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 50 million in FY2024 (-12.3%), 57 million in FY2023 (-9.5%), 63 million in FY2022 (-4.5%) and 66 million in FY2021 (-1.5%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding since Q1 2014.
- Year over year, Shares Outstanding has now declined in each of the last 30 quarters, with an average decline of 6.1% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 1.5% (Q4 2021) and 16.7% (Q2 2024) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 47 million (Q1 2026), 48 million (Q4 2025) and 48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 612.21 Mn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 401.27 Mn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 297.74 Mn |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 433.00 Mn |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 481.38 Mn |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 263.59 Mn |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 202.00 Mn |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 66.50 Mn |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | 504.80 Mn |
| 10 | Trinet | 2.87 Bn | 1.57 Bn | - | 46.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.00 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Dec 31, 2025 | 48.00 Mn |
| Sep 30, 2025 | 48.00 Mn |
| Jun 30, 2025 | 48.00 Mn |
| Mar 31, 2025 | 49.00 Mn |
| Dec 31, 2024 | 50.00 Mn |
| Sep 30, 2024 | 50.00 Mn |
| Jun 30, 2024 | 50.00 Mn |
| Mar 31, 2024 | 51.00 Mn |
| Dec 31, 2023 | 57.00 Mn |
| Sep 30, 2023 | 57.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | 63.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 62.00 Mn |
| Mar 31, 2022 | 65.00 Mn |
| Dec 31, 2021 | 66.00 Mn |
| Sep 30, 2021 | 66.00 Mn |
API Access
Trinet Shares Outstanding 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=shares-outstanding&ticker=TNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();