# Trinet Group, Inc.: overview

TNET · NYSE · CIK 937098 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$1.18bn](/filings/0000937098-26-000050.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 30, 2026 (XBRL us-gaap:Revenues, accession 0000937098-26-000050).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,237](/filings/0000937098-24-000182.md) | [1,326 d](/filings/0000937098-26-000010.md) | [1,292](/filings/0000937098-26-000034.md) | [1,238](/filings/0000937098-26-000050.md) | [1,232](/filings/0000937098-25-000185.md) | [1,248 d](/filings/0000937098-26-000010.md) | [1,226](/filings/0000937098-26-000034.md) | [1,178](/filings/0000937098-26-000050.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [4.7%](/filings/0000937098-24-000182.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [3.6%](/filings/0000937098-25-000185.md) | [(1.7%) d](/filings/0000937098-26-000010.md) | [6.6%](/filings/0000937098-26-000034.md) | [3.0%](/filings/0000937098-26-000050.md) | [2.8%](/filings/0000937098-25-000185.md) | [(0.1%) d](/filings/0000937098-26-000010.md) | [7.3%](/filings/0000937098-26-000034.md) | [4.5%](/filings/0000937098-26-000050.md) |
| Diluted EPS | $ per share | [0.89](/filings/0000937098-25-000185.md) | not reported | [1.71](/filings/0000937098-26-000034.md) | [0.77](/filings/0000937098-26-000050.md) | [0.70](/filings/0000937098-25-000185.md) | not reported | [1.90](/filings/0000937098-26-000034.md) | [1.15](/filings/0000937098-26-000050.md) |
| Free cash flow | $m | [59.0 d](/filings/0000937098-25-000185.md) | [47.0 d](/filings/0000937098-26-000010.md) | [79.0](/filings/0000937098-26-000034.md) | [57.0 d](/filings/0000937098-26-000050.md) | [55.0 d](/filings/0000937098-25-000185.md) | [43.0 d](/filings/0000937098-26-000010.md) | [123](/filings/0000937098-26-000034.md) | [67.0 d](/filings/0000937098-26-000050.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues. 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 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [4,540](/filings/0000937098-24-000025.md) | [4,885](/filings/0000937098-24-000025.md) | [4,922](/filings/0000937098-24-000025.md) | [5,053](/filings/0000937098-26-000010.md) | [5,010](/filings/0000937098-26-000010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [10.0%](/filings/0000937098-24-000025.md) | [10.2%](/filings/0000937098-24-000025.md) | [9.5%](/filings/0000937098-24-000025.md) | not reported | not reported |
| Net margin | % | [7.4%](/filings/0000937098-24-000025.md) | [7.3%](/filings/0000937098-25-000016.md) | [7.6%](/filings/0000937098-26-000010.md) | [3.4%](/filings/0000937098-26-000010.md) | [3.1%](/filings/0000937098-26-000010.md) |
| Diluted EPS | $ per share | [5.07](/filings/0000937098-24-000025.md) | [5.61](/filings/0000937098-25-000016.md) | [6.56](/filings/0000937098-26-000010.md) | [3.43](/filings/0000937098-26-000010.md) | [3.20](/filings/0000937098-26-000010.md) |
| Free cash flow | $m | [178](/filings/0000937098-24-000025.md) | [441](/filings/0000937098-25-000016.md) | [464](/filings/0000937098-26-000010.md) | [201](/filings/0000937098-26-000010.md) | [234](/filings/0000937098-26-000010.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- 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/tnet/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 |
| --- | --- | ---: | ---: | --- | --- |
| [Atairos Group, Inc.](/funds/1671122.md) | 2026-06-30 | $895.1m | 18,085,773 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $128.2m | 2,589,639 |  | Added +161,439 |
| [EARNEST PARTNERS LLC](/funds/1102578.md) | 2026-06-30 | $76.1m | 1,537,433 |  | Reduced −65,734 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $64.9m | 1,311,830 |  | Reduced −114,504 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $58.3m | 1,177,371 |  | Reduced −132,030 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $52.9m | 1,067,963 |  | Reduced −136,466 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $45.6m | 922,297 |  | Reduced −180,834 |
| [Point72 Asset Management, L.P.](/funds/1603466.md) | 2026-06-30 | $40.9m | 826,534 |  | Added +251,542 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $36.5m | 737,662 |  | Added +23,040 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $35.9m | 724,808 |  | Reduced −126,564 |

## Recent filings

[All 1,540 filings](/companies/tnet/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 07:19 ET | [8-K](/filings/0000937098-26-000061.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000937098-26-000061 |
| 2026-09-14 | 16:35 ET | [8-K](/filings/0000937098-26-000056.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000937098-26-000056 |
| 2026-07-30 | 16:39 ET | [10-Q](/filings/0000937098-26-000050.md) | Quarterly report, period 2026-06-30 | 0000937098-26-000050 |
| 2026-07-30 | 07:24 ET | [8-K](/filings/0000937098-26-000048.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000937098-26-000048 |
| 2026-06-17 | 16:48 ET | [8-K](/filings/0000937098-26-000041.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000937098-26-000041 |
| 2026-05-27 | 16:19 ET | [8-K](/filings/0000937098-26-000038.md) | 5.07 Shareholder vote results | 0000937098-26-000038 |
| 2026-04-30 | 16:31 ET | [10-Q](/filings/0000937098-26-000034.md) | Quarterly report, period 2026-03-31 | 0000937098-26-000034 |
| 2026-04-30 | 07:01 ET | [8-K](/filings/0000937098-26-000031.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000937098-26-000031 |
| 2026-04-15 | 16:44 ET | [DEF 14A](/filings/0000937098-26-000018.md) | Proxy statement, period 2025-12-31 | 0000937098-26-000018 |
| 2026-03-19 | 17:04 ET | [8-K](/filings/0000937098-26-000013.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000937098-26-000013 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000937098-26-000010.md), filed Feb 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/044e2947-63f0-4b0c-97f3-e76953e2113a)

## About the filer

- CIK: 937098
- Tickers: TNET
- Exchange: NYSE
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:43 ET. No prices; not investment advice.