SEC Tracker
Get the app

Trinet Group TNET

TriNet Announces Q3 2026 Results

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Released press release on Oct 29, 2026
  2. Expected earnings at top end of guidance range
  3. Exhibit 99.1 includes press release

Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.

Open in the appGet the appView on EDGAR

Get an email when Trinet Group files

Only major filings: results, leadership changes, listing notices and other major events, each with the plain-English summary when we have one or the key facts and the EDGAR link. Routine insider filings never email. Confirm once; unsubscribe in one click.

The reading, claim by claim

  1. Under Item 2.02, it says it issued a press release that day announcing financial and operating results for the quarter ended September 30, 2026.
  2. The release is furnished as Exhibit 99.1.
  3. Item 2.02 states that the information in the report and exhibit is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
  4. Item 9.01 lists Exhibit 99.1, the press release dated October 29, 2026, and Exhibit 104, the Cover Page Interactive Data File.
  5. In the press release, total revenues decreased 5% to $1.2 billion compared to the same period last year.
  6. Net income was $31 million, or $0.65 per diluted share, versus $34 million, or $0.70 per diluted share, a year earlier.
  7. Adjusted Net Income was $44 million, or $0.94 per diluted share.
  8. The release reports Adjusted EBITDA of $89 million, an Adjusted EBITDA Margin of 7.6%, compared with $100 million and 8.2% a year earlier.
  9. Total Worksite Employees decreased (11)% to approximately 295,000.
  10. Net cash provided by operating activities increased 11% to $80 million, generating $53 million in Free Cash Flow.
  11. TriNet reaffirmed its full-year 2026 guidance and said it expects to be at the high end of its earnings per diluted share range.
  12. Guidance for Total Revenues is $4,750 million to $4,900 million, and for Adjusted EBITDA Margin is 8.5% to 9.0%.

12 of 12 claims matched the filing text.

For perspective, checked against its own source

From the 10-Q for the quarter ended September 30, 2026

  • In its 10-Q for the quarter ended September 30, 2026, TriNet reported revenue of $1.2 billion, net income of $31.0 million, a net margin of 2.6% and a revenue change from a year earlier of -4.6%.

From the filing

Item 2.02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition

On October 29, 2026, TriNet Group, Inc. (the "Company") issued a press release announcing the Company's financial and operating results for the quarter ended September 30, 2026.1 A copy of the press release, entitled "TriNet Announces Third Quarter 2026 Results and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range" is furnished as Exhibit 99.1 hereto and incorporated by reference.2

The information in this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 19343, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit

Number Description

99.1 Press Release, dated October 29, 2026, entitled "TriNet Announces Third Quarter 2026 Results and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range4"

104 Cover Page Interactive Data File (embedded with the Inline XBRL document)4

INDEX TO EXHIBITS

Exhibit

Number Description

99.1 Press Release, dated October 29, 2026, entitled "TriNet Announces Third Quarter 2026 Results and and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range"

104 Cover Page Interactive Data File (embedded with the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TriNet Group, Inc.

Date: October 29, 2026 By: /s/ Sidney Majalya

Sidney Majalya

Senior Vice President, Chief Legal Officer and Secretary

TriNet Announces Third Quarter 2026 Results and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range

DUBLIN, Calif. — October 29, 2026 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the third quarter ended September 30, 2026. The third quarter highlights below include non-GAAP financial measures which are reconciled later in this release.

"We delivered solid third quarter results and made further progress against our strategic priorities," said Mike Simonds, TriNet's President and CEO. "Earnings performance exceeded our forecast, customer retention improved, and new sales returned to year-over-year growth."

Simonds continued, "Our growth initiatives are gaining traction. Momentum within our broker channel is building, our investments in sales are driving improved performance in our important fall selling season, and we are strengthening our customer value proposition through investments in our service model and an expanding set of solutions, such as TriNet Leave powered by Cocoon, TriNet Recruit, and TriNet Spend. With these initiatives gaining traction, we believe TriNet is increasingly well-positioned to return to sustainable growth."

Third quarter highlights include:

• Total revenues decreased 5% to $1.2 billion compared to the same period last year.5

• Professional service revenues decreased 7% to $157 million compared to the same period last year.

• Net income was $31 million, or $0.65 per diluted share, compared to net income of $34 million, or $0.70 per diluted share, in the same period last year.6

• Adjusted Net Income was $44 million, or $0.94 per diluted share, compared to Adjusted Net Income of $55 million7, or $1.11 per diluted share, in the same period last year.

• Adjusted EBITDA was $89 million, representing an Adjusted EBITDA Margin of 7.6%, compared to Adjusted EBITDA of $100 million, representing an Adjusted EBITDA Margin of 8.2% in the same period last year.8

• Total Worksite Employees (WSEs) decreased (11)% as compared to the same period last year, to approximately 295,000.9

• Net cash provided by operating activities increased 11% as compared to the same period last year to $80 million, generating $53 million in Free Cash Flow.10

Full-Year 2026 Guidance

In addition to announcing our third quarter 2026 results, we are reaffirming our full-year 2026 guidance and expect to be at the high end of our earnings per diluted share range.11 Non-GAAP financial measures are reconciled later in this release.

Full Year 2026 (dollars in millions, except for per share amounts) Low High

Total Revenues $ 4,750 $ 4,90012 Professional Service Revenues $ 647 $ 663 Insurance Cost Ratio 89.5 % 88.5 % Adjusted EBITDA Margin 8.5 % 9.0 %12

Diluted net income per share of common stock $ 2.85 $ 3.35

Adjusted Net Income per share - diluted $ 4.50 $ 5.10

1

Quarterly Report on Form 10-Q

We anticipate filing our Quarterly Report on Form 10-Q ("Form 10-Q") for the nine months ended September 30, 2026 with the U.S. Securities and Exchange Commission (SEC) and making it available at https://www.trinet.com on or about October 29, 2026. This press release should be read in conjunction with the Form 10-Q and the related Notes to Consolidated Financial Statements and Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Form 10-Q.

Earnings Conference Call and Audio Webcast

TriNet will host a conference call at 5:30 a.m. PT today to discuss its third quarter results for 2026. TriNet encourages participants to pre-register for the webcast. The live webcast of the conference call can be accessed on the Investor Relations section of TriNet's website at https://investor.trinet.com . Participants can pre-register for the webcast by going to: https://events.q4inc.com/attendee/764057723 . Callers can pre-register for the conference call by going to: https://dpregister.com/sreg/10212821/1052113182d . For those who would like to join the call but have not pre-registered, they can do so by dialing +1 (412) 317-5426 and requesting the "TriNet Conference Call." A replay of the webcast will be available on this website for approximately one year. A telephonic replay will be available for two weeks following the conference call at +1 (412) 317-0088 conference ID: 6487067.

About TriNet

TriNet is a leading provider of human resources solutions for small and medium-size businesses, delivering what they really need from HR: expertise, technology and advocacy that make it easier to run and grow their business. Through advanced technology-enabled services and deep human capital expertise, TriNet provides access to employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. TriNet h

Similar companies

Companies of similar size in SIC 7389 and related industry codes: the same peer list as the financial tables.

  1. Payoneer Global PAYO public float $2.0B, Jun 30, 2025
  2. ACV Auctions ACVA public float $2.7B, Jun 30, 2025
  3. Western Union WU public float $2.7B, Jun 30, 2025
  4. Alight ALIT public float $2.7B, Jun 30, 2025
  5. Concentrix CNXC public float $2.9B, May 31, 2025

Data on this page was fetched . The filing on SEC.gov is the record.