TriNet Announces Third Quarter 2026 Results and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range
Key Highlights
- ➤TriNet (TNET) expects 2026 adjusted EPS at the high end of $4.50-$5.10 guidance
- ➤Q3 revenue fell 5% to $1.175 billion year over year
- ➤Q3 adjusted EPS declined 15% to $0.94 year over year
- ➤Total worksite employees fell 11% to approximately 295,000
- ➤Q3 operating cash flow rose 11% to $80 million
Expert Statements
Mike Simonds, President and CEO of TriNet
“We delivered solid third quarter results and made further progress against our strategic priorities.”
Mike Simonds, President and CEO of TriNet
“Earnings performance exceeded our forecast, customer retention improved, and new sales returned to year-over-year growth.”
Mike Simonds, President and CEO of TriNet
“Our growth initiatives are gaining traction.”
Mike Simonds, President and CEO of TriNet
“Momentum within our broker channel is building, our investments in sales are driving improved performance in our important fall selling season, and we are strengthening our customer value proposition through investments in our service model and an expanding set of solutions, such as TriNet Leave powered by Cocoon, TriNet Recruit, and TriNet Spend.”
Mike Simonds, President and CEO of TriNet
“With these initiatives gaining traction, we believe TriNet is increasingly well-positioned to return to sustainable growth.”
TriNet Announces Third Quarter 2026 Results and Now Expects to Deliver Earnings at the Top End of Earnings per Share Guidance Range PR Newswire
DUBLIN, Calif., Oct. 29, 2026 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the third quarter ended September 30, 2026. The third quarter highlights below include non-GAAP financial measures which are reconciled later in this release.
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