TNET · XBRL financial data

Trinet Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TNET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	4,907	4,994	5,053	5,010
Revenue from contracts with customers	4,034	4,540	4,885	4,922	—	—
Research and development	40	50	73	65	68	71
General and administrative	152	176	241	211	232	207
Operating income (loss)	368	455	499	469	—	—
Income tax expense (benefit)	85	103	127	126	53	62
Net income (loss)	272	338	355	375	173	155
Earnings per share, basic USD per share	4.03	5.13	5.66	6.61	3.47	3.20
Earnings per share, diluted USD per share	3.99	5.07	5.61	6.56	3.43	3.20
Weighted average shares, basic millions of shares	67	66	63	57	50	48
Weighted average shares, diluted millions of shares	68	67	64	57	50	49

Fiscal years (TNET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	301	612	354	287	360	287
Short-term investments	57	135	76	65	0	0
Marketable securities, non-current	138	168	151	143	0	—
Accounts receivable	18	15	19	18	32	20
Total current assets	2,160	2,439	2,326	2,578	3,180	2,868
Property and equipment, net	79	79	24	17	10	11
Right-of-use asset	51	42	31	24	24	36
Goodwill	294	294	462	462	461	461
Total assets	3,043	3,309	3,443	3,693	4,119	3,797
Current portion of long-term debt	22	0	—	—	—	—
Total current liabilities	1,870	1,739	1,988	2,463	2,981	2,637
Long-term debt	348	495	496	984	908	895
Lease liability, non-current	49	41	41	30	26	37
Total liabilities	2,436	2,428	2,668	3,615	4,050	3,743
Retained earnings (accumulated deficit)	(144)	74	(119)	(896)	(984)	(1,081)
Total stockholders' equity	607	881	775	78	69	54
Total liabilities and equity	3,043	3,309	3,443	3,693	4,119	3,797
Common shares outstanding (cover page) millions of shares	66	66	60	51	50	47

Fiscal years (TNET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	272	338	355	375	173	155
Stock-based compensation	43	50	62	59	65	65
Net cash from operating activities	546	218	562	545	279	303
Purchases of property and equipment	36	40	56	75	78	69
Net cash from investing activities	(151)	(135)	(226)	(70)	153	(43)
Proceeds from issuing common stock	10	11	11	15	12	11
Share repurchases	178	94	523	1,122	183	183
Dividends paid	—	—	0	0	37	52
Repayments of long-term debt	22	370	0	0	—	—
Net cash from financing activities	(208)	12	(536)	(546)	(207)	(49)
Net change in cash	187	95	(201)	(71)	225	211

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Trinet Group	328	1,175	80*	45.8M	—	Q3 FY26 10-QSep 30, 2026
Payoneer Global	346	274	61*	338.9M	—	Q2 FY26 10-QJun 30, 2026
ACV Auctions	242	214	(35)*	169.8M	6.8 quarters	Q2 FY26 10-QJun 30, 2026
Western Union	920	1,013	105*	311.9M	—	Q2 FY26 10-QJun 30, 2026
Alight	212	500	29*	not reported	—	Q3 FY26 10-QSep 30, 2026
Concentrix	245	2,454	268*	61.1M	—	Q3 FY26 10-QAug 31, 2026
Donnelley Financial Solutions	27	185	98*	24.4M	—	Q3 FY26 10-QSep 30, 2026
Phreesia	75	129	18	62.1M	—	Q2 FY27 10-QJul 31, 2026
Sezzle	80	150	52*	33.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.