TriNet Reports Third-Quarter 2026 Revenue of $1.2 Billion
TriNet reported third-quarter revenue down 5% year over year to $1.2 billion and net income of $31 million, or $0.65 per diluted share, versus $34 million and $0.70 a year earlier. Adjusted net income fell to $44 million, or $0.94 per diluted share, from $55 million and $1.11. The company said earnings exceeded its forecast and expects results at the top end of its previously issued EPS guidance range.
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TriNet Group, Inc. reported total revenues of $1.2 billion for the third quarter of 2026, representing a 5% decrease compared to the same period last year. Professional service revenues were $157 million, down 7% year-over-year. The company recorded net income of $31 million, or $0.65 per diluted share, compared to $34 million, or $0.70 per diluted share, in the prior-year period.
Adjusted net income for the quarter was $44 million, or $0.94 per diluted share, compared to $55 million, or $1.11 per diluted share, in the third quarter of 2025. CEO Mike Simonds noted that earnings performance exceeded the company's forecast, with improvements in customer retention and a return to year-over-year growth in new sales. TriNet stated it now expects to deliver earnings at the top end of its previously provided earnings per share guidance range.