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Trinet Group (TNET) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Trinet Group (TNET) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), -5% from a year earlier and -0.3% from the quarter before. Operating margin was 3.3%, net earnings $31.0M (2.6% of revenue).

Revenue$1.2B
Year over year-5%
Quarter over quarter-0.3%
Operating margin3.3%
Net earnings$31.0M

Trinet Group, Q3 2026: revenue $1.2B (-5% year over year), operating margin 3.3%, net earnings $31.0M, operating cash flow $80.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.2B-0.3%-5%
Operating profit$39.0M-47%-22%
Net earnings$31.0M-42%-9%
Operating cash flow$80.0M-9%+11%
Free cash flow$53.0M—-4%

What changed

Revenue was $1.2B in Q3 2026, down 5% year over year and roughly flat from the previous quarter.

Operating profit was $0.04B, a 3.3% margin (down 0.7 points year over year). Total costs fell 4% while revenue fell 5%. The fastest-growing cost line was Research & development (+11%). Net earnings were $0.03B, down 9% year over year. The effective tax rate was 20.5%.

Operating cash flow was $0.08B (up 11% year over year), 258% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.03B. After acquisitions of property and equipment and software ($0.03B), free cash flow as the company reports it was $0.05B.

Questions

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

Trinet Group (TNET) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), -5% from a year earlier and -0.3% from the quarter before.

Was Trinet Group profitable in the third quarter 2026?

Operating profit was $39.0M (3.3% of revenue) and net earnings $31.0M.

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Source: Trinet Group 10-Q on SEC EDGAR.