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Barrett Business Services BBSI Payroll Taxes — Cost of Goods Sold

Other product segments

Workers Compensation
$51.79M+4.4%
Benefit Costs
$27.45M
Direct Payroll Costs
$10.48M-21.2%

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$1.59B+2.6%
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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 payroll taxes — cost of goods sold?
Barrett Business Services (BBSI) reported payroll taxes — cost of goods sold of $174.1M in Q1 2026.
What does payroll taxes — cost of goods sold mean?
This metric represents the direct costs associated with employer-paid payroll taxes incurred while providing professional employer organization services to clients. It captures the mandatory tax obligations related to the workforce managed under the company's payroll administration platform. Monitoring this expense is essential for assessing the direct cost burden of payroll processing and the efficiency of tax management services provided to client companies.