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Trinet Group TNET Business Segments — Client support costs

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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$3.14B+1.3%
Enterprise value$2.7B+2.9%
P/E19.7×
P/S0.6×0.0×

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 tnet:ClientSupportCosts.

The source filing: Trinet Group’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000937098-26-000034
(in millions)Three Months Ended March 31, 20262025
Workers' compensation costs2323
Health insurance costs833919
Sales & marketing6462
Client support costs4346
Corporate administration4138
System support & development3944
Depreciation and amortization of intangible assets1717
Stock based compensation1613

Item 1.26. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Trinet Group's business segments — client support costs?
Trinet Group (TNET) reported business segments — client support costs of $43M in Q1 2026.
How has Trinet Group's business segments — client support costs changed year-over-year?
Trinet Group's business segments — client support costs decreased by 6.5% year-over-year, from $46M to $43M.
What is the long-term trend for Trinet Group's business segments — client support costs?
Over 3 years (2022 to 2025), Trinet Group's business segments — client support costs has grown at a -4.2% compound annual growth rate (CAGR), from $192M to $169M.
What does business segments — client support costs mean?
This metric measures the operational expenses required to provide ongoing human capital management and administrative support to existing clients within a segment. It reflects the cost of maintaining service quality and client retention. Efficient management of these costs is essential for sustaining long-term profitability in service-heavy business models.

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