Filing Flows › TrueBlue (TBI) › Q2 2026
TrueBlue (TBI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
TrueBlue (TBI) reported revenue of $443M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +11% from the quarter before. Operating margin was -0.3%, net loss $3.4M (0.8% of revenue).
TrueBlue, Q2 2026: revenue $443M (+12% year over year), operating margin -0.3%, net loss $3.4M, operating cash flow −$20.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $443M | +11% | +12% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$3.4M | — | — |
| Operating cash flow | −$20.6M | — | — |
What changed
Revenue was $443.0M in Q2 2026, up 12% year over year and up 11% from the previous quarter.
Gross margin was 20.7%, down 2.9 points from Q2 2025. Operating costs exceeded revenue by $1.2M, an operating margin of -0.3%. Operating expenses fell 4% while revenue rose 12%. The fastest-growing cost line was Other operating costs (+33%). The quarter ended with a net loss of $3.4M, narrower than the previous quarter's $19.8M loss.
Operating cash flow was −$20.6M. Non-cash charges added back $6.8M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $26.1M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$24.0M.
Questions
What was TrueBlue's revenue in the second quarter 2026?
TrueBlue (TBI) reported revenue of $443M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +11% from the quarter before.
Was TrueBlue profitable in the second quarter 2026?
Operating loss was $1.2M (-0.3% of revenue) and net loss $3.4M.
Source: TrueBlue 10-Q on SEC EDGAR.