What is Trueblue's goodwill and intangible asset impairment?

Trueblue (TBI) reported goodwill and intangible asset impairment of $3.66M in Q1 2026.

What does goodwill and intangible asset impairment mean?

This metric represents the non-cash charge recognized when the carrying value of goodwill or other intangible assets exceeds their fair value. It serves as an indicator of potential overpayment for past acquisitions or a decline in the long-term economic prospects of acquired business units. Investors monitor this to assess management's capital allocation discipline and the health of historical investments.

Trueblue TBI Goodwill And Intangible Asset Impairment

Goodwill And Intangible Asset Impairment at other companies

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Other financials

Income statement

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Revenue$398.6M+7.6%

Gross profit$79.0M-8.5%

Operating income-$17.8M-26.4%

Net income-$19.8M-38.0%

EPS (diluted)-$0.66-37.5%

Balance sheet

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Cash & equivalents$24.1M+4.7%

Total debt$130.4M+13.2%

Total equity$256.1M-15.3%

Total assets$620.7M-10.4%

Cash flow

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Operating cash flow-$9.8M+55.8%

CapEx$2.8M-39.6%

Free cash flow-$12.6M+52.9%

Valuation

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Market cap$205.23M+4.8%

Enterprise value$311.53M+9.7%

P/S0.1×0.0×

Profitability

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Gross margin21.9%-3.7pp

Operating margin-3.1%-1.0pp

Net margin-3.2%-1.3pp

FCF margin-3.6%+0.8pp

Returns & leverage

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Return on equity-19.1%-6.2pp

Debt / equity0.5×+0.1×

Current ratio2.1×+0.3×

Where this comes from

Reported directly by Trueblue in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: Trueblue’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trueblue's goodwill and intangible asset impairment?: Trueblue (TBI) reported goodwill and intangible asset impairment of $3.66M in Q1 2026.
What does goodwill and intangible asset impairment mean?: This metric represents the non-cash charge recognized when the carrying value of goodwill or other intangible assets exceeds their fair value. It serves as an indicator of potential overpayment for past acquisitions or a decline in the long-term economic prospects of acquired business units. Investors monitor this to assess management's capital allocation discipline and the health of historical investments.