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Trinet Group TNET Insurance service revenues — Service revenues

Other product segments

Professional service revenues
$189M-9.6%

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Other financials

Income statement

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Revenue$1.2B-5.1%
Operating income$58.0M-50.0%
Net income$89.0M+4.7%
EPS (diluted)$1.90+11.1%

Balance sheet

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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

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

Valuation

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Market cap$2.11B-56.1%
Enterprise value$1.66B-64.4%
P/E13.2×
P/S0.4×-0.5×

Profitability

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Gross margin93.6%
Operating margin6.8%-2.1pp
Net margin3.2%
FCF margin5.6%+1.5pp

Returns & leverage

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

Where this comes from

Reported directly by Trinet Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Trinet Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trinet Group's insurance service revenues — service revenues?
Trinet Group (TNET) reported insurance service revenues — service revenues of $1.02B in Q1 2026.
How has Trinet Group's insurance service revenues — service revenues changed year-over-year?
Trinet Group's insurance service revenues — service revenues decreased by 3.9% year-over-year, from $1.07B to $1.02B.
What is the long-term trend for Trinet Group's insurance service revenues — service revenues?
Over 4 years (2021 to 2025), Trinet Group's insurance service revenues — service revenues has grown at a 2.0% compound annual growth rate (CAGR), from $3.9B to $4.22B.
What does insurance service revenues — service revenues mean?
This metric represents the revenue generated from providing insurance-related administrative and brokerage services within a professional employer organization framework. It captures the fees earned for managing employee benefit programs, health insurance administration, and related risk-mitigation services for worksite employees. This revenue stream reflects the company's ability to leverage its scale to provide competitive insurance products to small and midsize business clients.