Filing Flows › Barrett Business Services (BBSI) › Q3 2026 › vs Q2 2026
Barrett Business Services (BBSI) Q3 2026 vs Q2 2026 (quarter over quarter)
Barrett Business Services's revenue rose $14.8M (+5%) from $319M in Q2 2026 to $334M in Q3 2026. The biggest changes: Professional Employer Services +$11.2M (+4%); Staffing Services +$3.6M (+25%). Gross margin 21.8% against 20.3% (+1.4 pts).
Barrett Business Services, Q3 2026: revenue $334M (+5% year over year), operating margin 6.4%, net earnings $16.8M, operating cash flow $26.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 21.8% | 20.3% | +1.4 pts |
| Operating margin | 6.4% | 4.8% | +1.5 pts |
| Net margin | 5.0% | 4.0% | +1.0 pts |
| Free cash flow margin | 6.5% | -19.2% | +25.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Professional Employer Services | $316M | $305M | $11.2M | +4% |
| Staffing Services | $17.9M | $14.3M | $3.6M | +25% |
| Revenue | $334M | $319M | $14.8M | +5% |
| Gross profit | $72.7M | $64.9M | $7.8M | +12% |
| Cost of revenue | $261M | $254M | $7.0M | +3% |
| Other income, net | $1.3M | $1.9M | −$618K | -32% |
| Operating profit | $21.2M | $15.4M | $5.8M | +38% |
| Operating expenses | $51.4M | $49.5M | $2.0M | +4% |
| Pre-tax earnings | $22.5M | $17.3M | $5.2M | +30% |
| SG&A | $48.9M | $47.2M | $1.7M | +4% |
| Other operating costs | $2.6M | $2.3M | $302K | +13% |
| Net earnings | $16.8M | $12.9M | $3.9M | +30% |
| Income tax | $5.8M | $4.5M | $1.3M | +30% |
| Depreciation & amortization | $2.6M | $2.3M | $302K | +13% |
| Share-based compensation | $2.6M | $2.4M | $144K | +6% |
| Working capital & other | $5.0M | −$73.4M | $78.5M | — |
| Operating cash flow | $26.9M | −$55.9M | $82.8M | — |
| Free cash flow (OCF − capex) | $21.6M | −$61.4M | $82.9M | — |
| Capital expenditures | $5.4M | $5.5M | −$146K | -3% |
Questions
How much did Barrett Business Services's revenue grow quarter over quarter in Q3 2026?
Barrett Business Services's revenue rose $14.8M (+5%) from $319M in Q2 2026 to $334M in Q3 2026.
What drove Barrett Business Services's revenue change in Q3 2026?
Professional Employer Services +$11.2M (+4%); Staffing Services +$3.6M (+25%).