The earnings call presented a mixed picture with several positive achievements, such as in-line revenue and earnings, successful benefit repricing, and disciplined expense management. However, these were countered by challenges like higher customer attrition, a decline in co-employee WSEs, and a higher-than-expected insurance cost ratio.

Company Guidance -

Q3 2025

During TriNet's second quarter 2025 earnings call, the company reiterated its full-year financial outlook, projecting total revenues between $4.9 billion and $5.1 billion and adjusted EBITDA margins of 10% to 11%. The guidance emphasized expectations for a compounded annual growth rate of 4% to 6% in total revenues and annualized value creation of 13% to 15% through earnings growth, share repurchases, and dividends. The call highlighted a significant 9% increase in health fees per enrolled member, contributing to a 1% growth in insurance revenue. The company also reported a slight improvement in customer hiring, up about 0.5 percentage points year-over-year, despite the challenging market environment. TriNet's focus on improving distribution capabilities and reducing expenses while achieving its insurance cost ratio target range of 90% to 92% by 2026 was also discussed. Adjusted earnings per diluted share for the full year are expected to range from $3.25 to $4.75, with Q2 adjusted EBITDA reaching $105 million, representing an 8.5% margin.

Revenue and Earnings in Line with Expectations

TriNet delivered financial and operating performance consistent with expectations, allowing the reiteration of their full-year outlook. Total revenue was flat year-over-year, supported by insurance repricing and interest income.

Improvement in Customer Hiring

Customer hiring showed improvement, up about 0.5 percentage points over the prior year. This second quarter is the first Q2 in several years with year-over-year improvement.

Successful Repricing of Benefit Offerings

TriNet is on track with repricing efforts, achieving a 9% increase in health fees per enrolled member compared to the prior year, with strong customer retention.

Disciplined Expense Management

Expenses declined 2% year-over-year, benefiting from automation and workforce strategy, with continued reinvestment into strategic initiatives.

Positive Growth in New Sales Proposals

Strength in new business proposals for Q3 and expansion of go-to-market approach with national and local broker partnerships.

TriNet Group (TNET) 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

Daily Earnings Calendar >

TNET Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.77 / -	1.17	―	―	―
Jul 25, 2025	2025 (Q2)	1.02 / 1.15	1.53	-24.84% (-0.38)	―
Apr 25, 2025	2025 (Q1)	1.60 / 1.99	2.16	-7.87% (-0.17)	―
Feb 13, 2025	2024 (Q4)	0.25 / 0.44	1.6	-72.50% (-1.16)
Oct 25, 2024	2024 (Q3)	1.31 / 1.17	1.91	-38.74% (-0.74)	―
Jul 26, 2024	2024 (Q2)	1.28 / 1.53	1.74	-12.07% (-0.21)
Apr 26, 2024	2024 (Q1)	2.40 / 2.16	2.49	-13.25% (-0.33)
Feb 15, 2024	2023 (Q4)	1.19 / 1.60	1.11	44.14% (+0.49)
Oct 25, 2023	2023 (Q3)	1.39 / 1.91	1.64	16.46% (+0.27)
Jul 26, 2023	2023 (Q2)	1.35 / 1.74	1.72	1.16% (+0.02)

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

TNET Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 25, 2025	$65.72	$68.83	+4.73%
Apr 25, 2025	$77.29	$77.00	-0.38%
Feb 13, 2025	$91.46	$77.92	-14.80%
Oct 25, 2024	$90.72	$79.51	-12.36%

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 TriNet Group (TNET) report earnings?

TriNet Group (TNET) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is TriNet Group (TNET) earnings time?

TriNet Group (TNET) earnings time is at Oct 22, 2025, After Close (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 TNET EPS forecast?

TNET EPS forecast for the fiscal quarter 2025 (Q3) is 0.77.

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