Filing Flows › TrueBlue (TBI) › Q3 2026
TrueBlue (TBI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
TrueBlue (TBI) reported revenue of $521M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +18% from the quarter before. Operating margin was 2.3%, net earnings $9.2M (1.8% of revenue).
TrueBlue, Q3 2026: revenue $521M (+21% year over year), operating margin 2.3%, net earnings $9.2M, operating cash flow −$26.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $521M | +18% | +21% |
| Gross profit | $107M | +17% | +9% |
| Operating profit | $12.0M | — | — |
| Net earnings | $9.2M | — | — |
| Operating cash flow | −$26.1M | — | — |
What changed
Revenue was $520.7M in Q3 2026, up 21% year over year and up 18% from the previous quarter.
Gross margin was 20.5%, down 2.2 points from Q3 2025. Operating profit was $12.0M, a 2.3% margin (up 2.3 points year over year). Operating expenses fell 3% while revenue rose 21%. Net earnings were $9.2M. The effective tax rate was 10.0%.
Operating cash flow was −$26.1M. Non-cash charges added back $6.8M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $44.7M. Capital expenditures of $2.2M exceeded it, leaving free cash flow of −$28.3M.
Questions
What was TrueBlue's revenue in the third quarter 2026?
TrueBlue (TBI) reported revenue of $521M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +18% from the quarter before.
Was TrueBlue profitable in the third quarter 2026?
Operating profit was $12.0M (2.3% of revenue) and net earnings $9.2M.
Source: TrueBlue 10-Q on SEC EDGAR.