Filing Flows › Barrett Business Services (BBSI) › Q2 2026 › vs Q1 2026
Barrett Business Services (BBSI) Q2 2026 vs Q1 2026 (quarter over quarter)
Barrett Business Services's revenue rose $12.3M (+4%) from $307M in Q1 2026 to $319M in Q2 2026. The biggest changes: Professional Employer Services +$12.0M (+4%); Staffing Services +$291K (+2%). Gross margin 20.3% against 14.1% (+6.2 pts).
Barrett Business Services, Q2 2026: revenue $319M (+4% year over year), operating margin 4.8%, net earnings $12.9M, operating cash flow −$55.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 20.3% | 14.1% | +6.2 pts |
| Operating margin | 4.8% | -2.1% | +6.9 pts |
| Net margin | 4.0% | -4.8% | +8.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Professional Employer Services | $305M | $293M | $12.0M | +4% |
| Staffing Services | $14.3M | $14.0M | $291K | +2% |
| Revenue | $319M | $307M | $12.3M | +4% |
| Gross profit | $64.9M | $43.2M | $21.7M | +50% |
| Cost of revenue | $254M | $264M | −$9.4M | -4% |
| Other income, net | $1.9M | $2.0M | −$110K | -5% |
| Operating profit | $15.4M | −$6.5M | $21.9M | — |
| Operating expenses | $49.5M | $49.7M | −$202K | -0.4% |
| Pre-tax earnings | $17.3M | −$4.4M | $21.8M | — |
| SG&A | $47.2M | $47.5M | −$286K | -0.6% |
| Other operating costs | $2.3M | $2.2M | $84K | +4% |
| Net earnings | $12.9M | −$14.8M | $27.7M | — |
| Income tax | $4.5M | $10.4M | −$5.9M | -57% |
| Operating cash sources | $73.4M | $12.3M | $61.1M | +498% |
| Depreciation & amortization | $2.3M | $2.2M | $84K | +4% |
| Share-based compensation | $2.4M | $2.8M | −$429K | -15% |
| Cash used in operations | $55.9M | $22.1M | $33.8M | +153% |
| Working capital & other | $73.4M | $12.3M | $61.1M | +498% |
Questions
How much did Barrett Business Services's revenue grow quarter over quarter in Q2 2026?
Barrett Business Services's revenue rose $12.3M (+4%) from $307M in Q1 2026 to $319M in Q2 2026.
What drove Barrett Business Services's revenue change in Q2 2026?
Professional Employer Services +$12.0M (+4%); Staffing Services +$291K (+2%).