Quarterly ResultJul 30, 2026, 07:31 AM
TriNet Q2 EPS $1.15, Adj. EPS $1.55; Raises FY26 Earnings Guidance
AI Summary
TriNet Group, Inc. announced its second quarter 2026 financial results, reporting a 50% increase in GAAP diluted earnings per share to $1.15 and a 35% rise in Adjusted Net Income per diluted share to $1.55. Adjusted EBITDA also grew 22% to $128 million. Despite a 5% decrease in total revenues to $1.2 billion and an 11% decline in average Worksite Employees, the company raised its full-year 2026 earnings guidance, citing improved retention, cost management, and bottom-line performance.
Key Highlights
- Q2 2026 GAAP diluted EPS increased 50% to $1.15.
- Q2 2026 Adjusted Net Income per diluted share grew 35% to $1.55.
- Q2 2026 Adjusted EBITDA rose 22% to $128 million, with a 10.9% margin.
- Full-year 2026 Adjusted Net Income per diluted share guidance raised to $4.50-$5.10.
- Total revenues for Q2 2026 decreased 5% to $1.2 billion.
- Average Worksite Employees (WSEs) decreased 11% to approximately 298,000.
- Generated $88 million in Net cash provided by operating activities and $67 million in Free Cash Flow in Q2 2026.
Price Impact
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