# TrueBlue, Inc.: overview

TBI · NYSE · CIK 768899 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 27

Pages: [Overview](/companies/tbi.md) · [Financials](/companies/tbi/financials.md) · [Filings](/companies/tbi/filings.md) · [Insiders](/companies/tbi/insiders.md)

Latest reported revenue: [$443.0m](/filings/0000768899-26-000026.md) for Q2 FY2026, three months to 2026-06-28, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0000768899-26-000026).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-29) | Q4 FY2024 (2024-12-29) | Q1 FY2025 (2025-03-30) | Q2 FY2025 (2025-06-29) | Q3 FY2025 (2025-09-28) | Q4 FY2025 (2025-12-28) | Q1 FY2026 (2026-03-29) | Q2 FY2026 (2026-06-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [382](/filings/0000768899-25-000113.md) | [386 d](/filings/0000768899-26-000009.md) | [370](/filings/0000768899-26-000019.md) | [396](/filings/0000768899-26-000026.md) | [431](/filings/0000768899-25-000113.md) | [418 d](/filings/0000768899-26-000009.md) | [399](/filings/0000768899-26-000019.md) | [443](/filings/0000768899-26-000026.md) |
| Gross margin | % | [26.2%](/filings/0000768899-25-000113.md) | [26.6% d](/filings/0000768899-26-000009.md) | [23.3%](/filings/0000768899-26-000019.md) | [23.6%](/filings/0000768899-26-000026.md) | [22.7%](/filings/0000768899-25-000113.md) | [21.5% d](/filings/0000768899-26-000009.md) | [19.8%](/filings/0000768899-26-000019.md) | [20.7%](/filings/0000768899-26-000026.md) |
| Operating margin | % | [(1.8%)](/filings/0000768899-25-000113.md) | [(2.7%) d](/filings/0000768899-26-000009.md) | [(3.8%)](/filings/0000768899-26-000019.md) | [(0.7%)](/filings/0000768899-26-000026.md) | [(0.0%)](/filings/0000768899-25-000113.md) | [(7.0%) d](/filings/0000768899-26-000009.md) | [(4.5%)](/filings/0000768899-26-000019.md) | [(0.3%)](/filings/0000768899-26-000026.md) |
| Net margin | % | [(2.0%)](/filings/0000768899-25-000113.md) | [(3.0%) d](/filings/0000768899-26-000009.md) | [(3.9%)](/filings/0000768899-26-000019.md) | [(0.0%)](/filings/0000768899-26-000026.md) | [(0.4%)](/filings/0000768899-25-000113.md) | [(7.5%) d](/filings/0000768899-26-000009.md) | [(5.0%)](/filings/0000768899-26-000019.md) | [(0.8%)](/filings/0000768899-26-000026.md) |
| Diluted EPS | $ per share | [(0.26)](/filings/0000768899-25-000113.md) | not reported | [(0.48)](/filings/0000768899-26-000019.md) | [(0.01)](/filings/0000768899-26-000026.md) | [(0.06)](/filings/0000768899-25-000113.md) | not reported | [(0.66)](/filings/0000768899-26-000019.md) | [(0.11)](/filings/0000768899-26-000026.md) |
| Free cash flow | $m | [(12.7) d](/filings/0000768899-25-000113.md) | [0.9 d](/filings/0000768899-26-000009.md) | [(26.8)](/filings/0000768899-26-000019.md) | [(16.1) d](/filings/0000768899-26-000026.md) | [(23.4) d](/filings/0000768899-25-000113.md) | [(7.5) d](/filings/0000768899-26-000009.md) | [(12.6)](/filings/0000768899-26-000019.md) | [(24.0) d](/filings/0000768899-26-000026.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-26) | FY2022 (2022-12-25) | FY2023 (2023-12-31) | FY2024 (2024-12-29) | FY2025 (2025-12-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,174](/filings/0000768899-24-000043.md) | [2,254](/filings/0000768899-25-000043.md) | [1,906](/filings/0000768899-26-000009.md) | [1,567](/filings/0000768899-26-000009.md) | [1,616](/filings/0000768899-26-000009.md) |
| Gross margin | % | [25.8%](/filings/0000768899-24-000043.md) | [26.7%](/filings/0000768899-25-000043.md) | [26.5%](/filings/0000768899-26-000009.md) | [25.9%](/filings/0000768899-26-000009.md) | [22.8%](/filings/0000768899-26-000009.md) |
| Operating margin | % | [3.1%](/filings/0000768899-24-000043.md) | [3.2%](/filings/0000768899-25-000043.md) | [(1.3%)](/filings/0000768899-26-000009.md) | [(5.9%)](/filings/0000768899-26-000009.md) | [(2.9%)](/filings/0000768899-26-000009.md) |
| Net margin | % | [2.8%](/filings/0000768899-24-000043.md) | [2.8%](/filings/0000768899-25-000043.md) | [(0.7%)](/filings/0000768899-26-000009.md) | [(8.0%)](/filings/0000768899-26-000009.md) | [(3.0%)](/filings/0000768899-26-000009.md) |
| Diluted EPS | $ per share | [1.74](/filings/0000768899-24-000043.md) | [1.86](/filings/0000768899-25-000043.md) | [(0.45)](/filings/0000768899-26-000009.md) | [(4.17)](/filings/0000768899-26-000009.md) | [(1.61)](/filings/0000768899-26-000009.md) |
| Free cash flow | $m | [(14.6)](/filings/0000768899-24-000043.md) | [89.9](/filings/0000768899-25-000043.md) | [3.5](/filings/0000768899-26-000009.md) | [(41.2)](/filings/0000768899-26-000009.md) | [(73.7)](/filings/0000768899-26-000009.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tbi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [PZENA INVESTMENT MANAGEMENT LLC](/funds/1027796.md) | 2026-06-30 | $21.5m | 3,090,808 |  | Added +219,178 |
| [ROYCE & ASSOCIATES LP](/funds/906304.md) | 2026-06-30 | $19.5m | 2,792,612 |  | Added +679,802 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $17.3m | 2,478,866 |  | Reduced −788,526 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $15.6m | 2,230,995 |  | Added +73,150 |
| [IES Holdings, Inc.](/funds/1048268.md) | 2026-06-30 | $9.0m | 1,285,839 |  | New +1,285,839 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $8.8m | 1,255,732 |  | Added +12,860 |
| [HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC](/funds/1164833.md) | 2026-06-30 | $8.4m | 1,200,335 |  | Reduced −229,880 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $8.3m | 1,195,620 |  | Reduced −524,313 |
| [Azarias Capital Management, L.P.](/funds/1625279.md) | 2026-06-30 | $5.3m | 759,341 |  | Reduced −242,609 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $5.3m | 753,807 |  | Added +31,776 |

## Recent filings

[All 1,364 filings](/companies/tbi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-26 | 16:36 ET | [8-K](/filings/0001999371-26-023546.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001999371-26-023546 |
| 2026-08-04 | 16:24 ET | [10-Q](/filings/0000768899-26-000026.md) | Quarterly report, period 2026-06-28 | 0000768899-26-000026 |
| 2026-08-04 | 16:10 ET | [8-K](/filings/0000768899-26-000025.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000768899-26-000025 |
| 2026-05-15 | 17:33 ET | [8-K](/filings/0000768899-26-000022.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000768899-26-000022 |
| 2026-05-06 | 16:18 ET | [8-K](/filings/0001999371-26-010105.md) | 1.01 Entry into a material agreement; 3.03 Change to security holders’ rights; 9.01 Financial statements and exhibits | 0001999371-26-010105 |
| 2026-05-05 | 16:33 ET | [10-Q](/filings/0000768899-26-000019.md) | Quarterly report, period 2026-03-29 | 0000768899-26-000019 |
| 2026-05-05 | 16:31 ET | [8-K](/filings/0000768899-26-000018.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000768899-26-000018 |
| 2026-04-14 | 16:05 ET | [DEF 14A](/filings/0001999371-26-008266.md) | Proxy statement, period 2026-05-11 | 0001999371-26-008266 |
| 2026-04-13 | 08:08 ET | [8-K](/filings/0001999371-26-008137.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001999371-26-008137 |
| 2026-02-18 | 16:49 ET | [10-K](/filings/0000768899-26-000009.md) | Annual report, period 2025-12-28 | 0000768899-26-000009 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 28, 2025](/filings/0000768899-26-000009.md), filed Feb 18, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-28, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/26f0f1d0-fc40-417a-ae64-fd91b9d42d75)

## About the filer

- CIK: 768899
- Tickers: TBI
- Exchange: NYSE
- SIC code: 7363 Services-Help Supply Services
- State of incorporation: WA
- Filer category: Accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:44 ET. No prices; not investment advice.
