Trinet (TNET) Tax Rate (2013 - 2026)
Trinet (TNET) recorded quarterly Tax Rate of 27.64% in Q1 2026, down 86.18% quarter-over-quarter from 200.0% in Q4 2025, and up 156.0% on a YoY basis from 10.8% in Q1 2025.
Trinet (TNET) Tax Rate (2013 - 2026) Analysis & Trends
Trinet's Tax Rate history runs 14 years deep, the most recent figure standing at 27.64% for Q1 2026.
- In Q1 2026, Tax Rate rose 156.0% year-over-year to 27.64%; the TTM figure through Mar 2026 stood at 29.33% (up 629.0% YoY), while the FY2025 annual figure was 28.57%, up 512.0% from the prior year.
- Tax Rate was 27.64% for Q1 2026 at Trinet, down from 200.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 200.0% in Q4 2025 to a low of 21.18% in Q4 2023.
- Historically, Tax Rate has averaged 36.93% across 5 years, with a median of 26.61% in 2024.
- The sharpest annual moves came in 2023 and 2025: Tax Rate slumped 382 bps in 2023, then jumped 16216 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 25.0% in 2022, then decreased by 15 bps to 21.18% in 2023, then jumped by 79 bps to 37.84% in 2024, then surged by 429 bps to 200.0% in 2025, then sank by 86 bps to 27.64% in 2026.
- The last three Tax Rate figures came in at 27.64% (Q1 2026), 200.0% (Q4 2025), and 32.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 28.76 |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 56.14 |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 27.64 |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 83.77 |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 47.62 |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | -233.55 |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 30.20 |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 11.94 |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | -3.00 |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | 14.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.64% |
| Mar 31, 2026 | 27.64% |
| Dec 31, 2025 | 200.00% |
| Dec 31, 2025 | 200.00% |
| Sep 30, 2025 | 32.00% |
| Sep 30, 2025 | 32.00% |
| Jun 30, 2025 | 27.45% |
| Jun 30, 2025 | 27.45% |
| Mar 31, 2025 | 26.09% |
| Mar 31, 2025 | 26.09% |
| Dec 31, 2024 | 37.84% |
| Dec 31, 2024 | 37.84% |
| Sep 30, 2024 | 22.41% |
| Sep 30, 2024 | 22.41% |
| Jun 30, 2024 | 25.93% |
| Jun 30, 2024 | 25.93% |
| Mar 31, 2024 | 26.61% |
| Mar 31, 2024 | 26.61% |
| Dec 31, 2023 | 21.18% |
| Dec 31, 2023 | 21.18% |