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Trinet Group (TNET) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

Trinet Group (TNET) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), -5% from a year earlier and -4% from the quarter before. Operating margin was 6.3%, net earnings $53.0M (4.5% of revenue).

Revenue$1.2B
Year over year-5%
Quarter over quarter-4%
Operating margin6.3%
Net earnings$53.0M

Trinet Group, Q2 2026: revenue $1.2B (-5% year over year), operating margin 6.3%, net earnings $53.0M, operating cash flow $88.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.2B-4%-5%
Operating profit$74.0M-40%+45%
Net earnings$53.0M-40%+43%
Operating cash flow$88.0M-41%+17%
Free cash flow$67.0M-46%+18%

What changed

Revenue was $1.2B in Q2 2026, down 5% year over year and down 4% from the previous quarter.

Operating profit was $0.07B, a 6.3% margin (up 2.2 points year over year). Total costs fell 7% while revenue fell 5%. Net earnings were $0.05B, up 43% year over year. The effective tax rate was 28.4%.

Operating cash flow was $0.09B (up 17% year over year), 166% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $0.02B left free cash flow of $0.07B.

Questions

What was Trinet Group's revenue in the second quarter 2026?

Trinet Group (TNET) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), -5% from a year earlier and -4% from the quarter before.

Was Trinet Group profitable in the second quarter 2026?

Operating profit was $74.0M (6.3% of revenue) and net earnings $53.0M.

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Source: Trinet Group 10-Q on SEC EDGAR.