Skip to content
Trinet Group logo

Trinet Group

TNET

TriNet Group, Inc. is a leading provider of comprehensive, technology-enabled human resources solutions tailored for small and medium-sized businesses.

Market cap
$3.14B-6.4%
Revenue$4.9B-2.4%
Net income$160.0M-43.1%
Free cash flow$278.0M+34.3%
EPS (diluted)$3.38-39.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Today)
Revenue estimate$1.2B
EPS estimate$0.93

Financials

Q1 2026

Income statement

See full
Revenue$1.2B-5.1%
Net income$89.0M+4.7%
EPS (diluted)$1.90+11.1%

Balance sheet

See full
Cash & equivalents$1.4B+8.4%
Total debt$946.0M+0.1%
Total equity$83.0M+31.7%
Total assets$3.4B-9.4%

Cash flow

See full
Operating cash flow$149.0M+56.8%
CapEx$26.0M+62.5%
Free cash flow$123.0M+55.7%

Valuation & ratios

Valuation

See full
Market cap$2.94B-6.4%
Enterprise value$2.5B-8.0%
P/E18.4×
P/S0.6×0.0×

Profitability

See full
Net margin3.2%
FCF margin5.6%+1.5pp

Returns & leverage

See full
Return on equity219.2%
Debt / equity11.4×-3.6×
Current ratio1.1×0.0×

Segments

By product

See full
Insurance service revenues$1.0B-3.9%
Professional service revenues$189.0M-9.6%

By segment

See full
Reportable Segment$1.2B-5.1%

Competitors

Profile

TriNet Group, Inc. is a leading provider of comprehensive, technology-enabled human resources solutions tailored for small and medium-sized businesses. The company delivers human capital expertise, employee benefits administration, payroll and tax management, risk mitigation, and compliance consulting. By utilizing a co-employment model and software-as-a-service platforms, TriNet helps clients manage employment-related risks and access premium benefit programs.

Competitive position

TriNet is the largest publicly traded company in the United States focusing primarily on the Professional Employer Organization (PEO) business in terms of market capitalization.

GeographiesUnited States
Customer segmentsSmall and medium-sized businesses (SMBs)
Business modelB2B, Subscription SaaS, Co-employment service model
SuppliersThird-party insurance carriers, Third-party claims management service providers, Outside employment law firms, Cloud infrastructure and technology vendors
CustomersSmall and medium-sized businesses, Worksite employees (WSEs)
Listed2014
Employees3.6K
CEOMichael Q. Simonds
Websitetrinet.com
FilingsSEC EDGAR

Questions, answered.

What is Trinet Group's market cap?
Trinet Group (TNET) has a market capitalization of $3.1B and trades on NYSE.
What is Trinet Group's revenue and profitability?
Trinet Group generated $4.9B in trailing twelve-month revenue with net income of $160.0M, representing a net margin of 3.2%. Gross margin stands at 93.6%, with free cash flow of $278.0M. These figures are based on the Q1 2026 filing.
Who are Trinet Group's competitors?
Trinet Group's key competitors include Paychex, Inc., Automatic Data Processing, Inc., Insperity, Inc., and others. These companies compete in similar markets and product categories.
Where is Trinet Group headquartered?
Trinet Group is headquartered in United States of America and employs approximately 3,600 people. It has been publicly traded since 2014.