Filing Flows › Trinet Group (TNET) › Q3 2025
Trinet Group (TNET) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Trinet Group (TNET) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -0.5% from the quarter before. Operating margin was 4.1%, net earnings $34.0M (2.8% of revenue).
Trinet Group, Q3 2025: revenue $1.2B (-2% year over year), operating margin 4.1%, net earnings $34.0M, operating cash flow $72.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -0.5% | -2% |
| Operating profit | $50.0M | -2% | -14% |
| Net earnings | $34.0M | -8% | -24% |
| Operating cash flow | $72.0M | -4% | -14% |
| Free cash flow | $55.0M | -4% | -7% |
What changed
Revenue was $1.2B in Q3 2025, down 2% year over year and roughly flat from the previous quarter.
Operating profit was $0.05B, a 4.1% margin (down 0.6 points year over year). Total costs fell 1% while revenue fell 2%. The fastest-growing cost line was General & admin (+11%). Net earnings were $0.03B, down 24% year over year. The effective tax rate was 32.0%.
Operating cash flow was $0.07B (down 14% year over year), 212% 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 $0.06B.
Questions
What was Trinet Group's revenue in the third quarter 2025?
Trinet Group (TNET) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -0.5% from the quarter before.
Was Trinet Group profitable in the third quarter 2025?
Operating profit was $50.0M (4.1% of revenue) and net earnings $34.0M.
Source: Trinet Group 10-Q on SEC EDGAR.