TriNet's earnings call presented a balanced view with stable revenue, improved customer hiring, and strong expense management as highlights. However, challenges included a decline in worksite employees, a higher insurance cost ratio, and a decrease in professional services revenue. Despite these issues, the company demonstrated confidence in its strategic initiatives and broker channel developments, indicating a positive outlook for the future.

Company Guidance -

Q3 2025

During TriNet's second quarter 2025 earnings call, the company reiterated its full-year guidance despite challenging market conditions. TriNet expects total revenues to be between $4.9 billion and $5.1 billion, driven by health plan fee increases, strong customer retention, and anticipated new sales growth later in the year. The company is targeting an adjusted EBITDA margin of 10% to 11% and aims for an insurance cost ratio ranging from 90% to 92%. TriNet's strategic initiatives include enhancing their distribution capabilities and expanding their broker programs, which are expected to bolster new sales and retention. Additionally, the company is managing expenses effectively, leading to a second consecutive quarter of year-over-year expense decline, and is on track to achieve a compounded annual growth rate of 4% to 6% in total revenues. TriNet remains confident in reaching its targeted insurance cost ratio by 2026, supported by a 9% year-over-year increase in health fees per enrolled member.

Stable Revenue and Positive Customer Hiring

TriNet's second-quarter revenue was flat year-over-year, but customer hiring showed improvement, with a 0.5 percentage point increase over the prior year.

Insurance Revenue Growth and Health Fee Increases

Insurance revenues grew by 1% in the second quarter, supported by health plan fee increases of approximately 9% year-over-year.

Strong Expense Management and Capital Returns

Operating expenses declined by 2% year-over-year, and the company returned over $117 million to shareholders through dividends and share repurchases in the first half of 2025.

Positive Broker Channel Developments

TriNet established preferred broker programs with national partners and increased outreach to local brokers, resulting in encouraging growth in the number of local brokers using their platform.

Encouraging CIE Trends

Customer hiring was slightly better than estimated, and there was a reduction in gross reductions in force, leading to improved net hiring across core verticals.

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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