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Barrett Business Services BBSI Benefit Costs — Cost of Goods Sold

Other product segments

Payroll Taxes
$174.1M
Workers Compensation
$51.79M+4.4%
Direct Payroll Costs
$10.48M-21.2%

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Other financials

Income statement

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Revenue$307.0M+4.9%
Gross profit$43.2M+1.3%
Operating income-$6.5M-55.0%
Net income-$14.8M-1,350%
EPS (diluted)-$0.59-1,375%

Balance sheet

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Cash & equivalents$36.6M+14.4%
Total debt$25.6M+10.5%
Total equity$205.7M-3.6%
Total assets$783.2M+0.6%

Cash flow

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Operating cash flow-$22.1M-524%
CapEx$5.7M+26.9%
Free cash flow-$27.8M-4,089%

Valuation

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Market cap$839.94M-20.0%
Enterprise value$828.93M-20.3%
P/E20.7×+0.5×
P/S0.7×-0.2×

Profitability

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Gross margin20.8%-1.0pp
Operating margin4.8%-0.4pp
Net margin3.2%-1.2pp
FCF margin1.5%

Returns & leverage

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Return on equity19.4%-6.5pp
Debt / equity0.1×0.0×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by Barrett Business Services in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Barrett Business Services’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Barrett Business Services's benefit costs — cost of goods sold?
Barrett Business Services (BBSI) reported benefit costs — cost of goods sold of $27.45M in Q1 2026.
What does benefit costs — cost of goods sold mean?
This metric represents the direct expenses incurred by the company to provide employee benefits, such as health insurance, retirement contributions, and other ancillary perks, to the workforce managed under its professional employer services. It serves as a critical indicator of the cost structure associated with human capital management and the company's ability to manage insurance and benefit-related liabilities. Monitoring this figure helps investors assess the profitability of the staffing and payroll administration segment relative to the underlying costs of employee retention and coverage.