BBSI reported strong financial performance with record growth in worksite employees and gross billings. The company successfully expanded into new markets and enhanced its product offerings, particularly in benefits. However, challenges in staffing operations and regional performance were noted, along with macroeconomic uncertainties impacting client hiring. Despite these challenges, the overall sentiment remains positive with an improved financial outlook.

Company Guidance

During BBSI's second-quarter conference call for 2025, the company provided an optimistic outlook based on their strong financial results. Gross billings increased by 10.1% year-over-year, reaching $2.23 billion, driven by a record addition of 10,100 worksite employees (WSEs) from new clients, contributing to an 8% growth in WSEs. While PEO gross billings rose by 10.3%, staffing revenues declined by 12% to $17 million. The company noted a strong client retention rate and a 1.7% increase in average billing per WSE, despite a slight decline in average hours worked. Geographically, Southern California and the East Coast saw significant growth, while the Pacific Northwest experienced a 4% decline. BBSI's strategic investments in new markets, including the opening of branches in Chicago and Dallas, contributed to the expansion. The company's fully insured workers' compensation program and health insurance offerings continue to perform well, with favorable adjustments for prior year claims amounting to $8.8 million. The company's balance sheet remains robust with $90 million in unrestricted cash and no debt. BBSI increased its growth outlook for the year, anticipating a 9% to 10% rise in gross billings and a 6% to 8% increase in WSEs.

Record Number of Worksite Employees

BBSI achieved a record number of worksite employees (WSEs), adding 10,100 year-over-year from net new clients, contributing to an 8% growth in WSEs.

Gross Billings Growth

Gross billings increased by 10.1% over the prior year quarter to $2.23 billion, with PEO gross billings rising 10.3% to $2.22 billion.

Expansion into New Markets

BBSI successfully entered new markets with an asset-light model, opening branches in Chicago and Dallas, and planning 1 or 2 more branches by year-end.

BBSI Benefits Growth

The company added approximately 1,600 participants to its benefits products in Q2 and now has around 710 clients with 19,000 total participants.

Improved Financial Outlook

BBSI raised its growth outlook for the remainder of the year, expecting gross billings to increase between 9% and 10% for the year.

Strong Stock Repurchase Program

BBSI announced a new $100 million 2-year stock repurchase program, reflecting management's confidence in long-term value.

Barrett Business Services (BBSI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BBSI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.80 / -	0.74	―	―	―
Aug 06, 2025	2025 (Q2)	0.69 / 0.70	0.62	12.90% (+0.08)	―
May 07, 2025	2025 (Q1)	-0.13 / -0.04	-0.005	-700.00% (-0.04)	―
Feb 26, 2025	2024 (Q4)	0.62 / 0.63	0.54	16.67% (+0.09)	―
Nov 06, 2024	2024 (Q3)	0.69 / 0.74	0.67	10.45% (+0.07)	―
Jul 31, 2024	2024 (Q2)	0.58 / 0.62	0.618	0.32% (<+0.01)	―
May 01, 2024	2024 (Q1)	-0.08 / >-0.01	0.03	-116.67% (-0.03)	―
Feb 28, 2024	2023 (Q4)	0.47 / 0.54	0.41	31.71% (+0.13)	―
Nov 01, 2023	2023 (Q3)	0.59 / 0.67	0.612	9.48% (+0.06)	―
Aug 02, 2023	2023 (Q2)	0.46 / 0.62	0.62	-0.32% (>-0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BBSI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$44.31	$46.79	+5.60%
May 07, 2025	$40.62	$40.27	-0.86%
Feb 26, 2025	$40.27	$40.06	-0.52%
Nov 06, 2024	$40.06	$40.88	+2.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Barrett Business Services (BBSI) report earnings?

Barrett Business Services (BBSI) is schdueled to report earning on Oct 29, 2025, TBA (Confirmed).

What is Barrett Business Services (BBSI) earnings time?

Barrett Business Services (BBSI) earnings time is at Oct 29, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BBSI EPS forecast?

BBSI EPS forecast for the fiscal quarter 2025 (Q3) is 0.8.

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