Filing Flows › Trinet Group (TNET) › Q1 2026
Trinet Group (TNET) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Trinet Group (TNET) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), -5% from a year earlier and -2% from the quarter before. Operating margin was 10.0%, net earnings $89.0M (7.3% of revenue).
Trinet Group, Q1 2026: revenue $1.2B (-5% year over year), operating margin 10.0%, net earnings $89.0M, operating cash flow $149M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -2% | -5% |
| Operating profit | $123M | 123× | +7% |
| Net earnings | $89.0M | — | +5% |
| Operating cash flow | $149M | +144% | +57% |
| Free cash flow | $123M | +186% | +56% |
What changed
Revenue was $1.2B in Q1 2026, down 5% year over year and down 2% from the previous quarter.
Operating profit was $0.12B, a 10.0% margin (up 1.1 points year over year). Total costs fell 6% while revenue fell 5%. The fastest-growing cost line was General & admin (+28%). Net earnings were $0.09B, up 5% year over year. The effective tax rate was 27.6%.
Operating cash flow was $0.15B (up 57% year over year), 167% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.03B left free cash flow of $0.12B.
Questions
What was Trinet Group's revenue in the first quarter 2026?
Trinet Group (TNET) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), -5% from a year earlier and -2% from the quarter before.
Was Trinet Group profitable in the first quarter 2026?
Operating profit was $123M (10.0% of revenue) and net earnings $89.0M.
Source: Trinet Group 10-Q on SEC EDGAR.