Filing Flows › Barrett Business Services (BBSI) › Q3 2026 › vs Q3 2025
Barrett Business Services (BBSI) Q3 2026 vs Q3 2025 (year over year)
Barrett Business Services's revenue rose $15.1M (+5%) from $319M in Q3 2025 to $334M in Q3 2026. The biggest changes: Professional Employer Services +$16.5M (+6%); Staffing Services −$1.4M (-7%). Gross margin 21.8% against 24.1% (-2.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 21.8% | 24.1% | -2.3 pts |
| Operating margin | 6.4% | 7.8% | -1.4 pts |
| Net margin | 5.0% | 6.5% | -1.5 pts |
| Free cash flow margin | 6.5% | 10.7% | -4.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Professional Employer Services | $316M | $300M | $16.5M | +6% |
| Staffing Services | $17.9M | $19.3M | −$1.4M | -7% |
| Revenue | $334M | $319M | $15.1M | +5% |
| Gross profit | $72.7M | $76.8M | −$4.1M | -5% |
| Cost of revenue | $261M | $242M | $19.2M | +8% |
| Other income, net | $1.3M | $2.0M | −$668K | -34% |
| Operating profit | $21.2M | $24.8M | −$3.6M | -14% |
| Operating expenses | $51.4M | $52.0M | −$543K | -1% |
| Pre-tax earnings | $22.5M | $26.8M | −$4.2M | -16% |
| SG&A | $48.9M | $49.9M | −$1.0M | -2% |
| Other operating costs | $2.6M | $2.1M | $462K | +22% |
| Net earnings | $16.8M | $20.6M | −$3.9M | -19% |
| Income tax | $5.8M | $6.1M | −$350K | -6% |
| Depreciation & amortization | $2.6M | $2.1M | $462K | +22% |
| Share-based compensation | $2.6M | $2.9M | −$316K | -11% |
| Working capital & other | $5.0M | $12.8M | −$7.8M | -61% |
| Operating cash flow | $26.9M | $38.4M | −$11.5M | -30% |
| Free cash flow (OCF − capex) | $21.6M | $34.1M | −$12.5M | -37% |
| Capital expenditures | $5.4M | $4.4M | $1.0M | +23% |
Questions
How much did Barrett Business Services's revenue grow year over year in Q3 2026?
Barrett Business Services's revenue rose $15.1M (+5%) from $319M in Q3 2025 to $334M in Q3 2026.
What drove Barrett Business Services's revenue change in Q3 2026?
Professional Employer Services +$16.5M (+6%); Staffing Services −$1.4M (-7%).