Record Number of Worksite Employees
BBSI added a record 10,100 worksite employees year-over-year from net new clients, with client retention performing better than expectations.
Gross Billings Increase
Gross billings increased by 10.1% to $2.23 billion in Q2 2025 from $2.03 billion in Q2 2024.
Expansion into New Markets
BBSI successfully entered new markets with an asset-light model, opening branches in Chicago and Dallas, with plans for additional branches by year-end.
Health Insurance Offering Growth
The BBSI Benefits product added 1,600 participants in Q2 2025, reaching approximately 19,000 total participants by July.
Increased Growth Outlook
Based on strong results, BBSI raised its growth outlook for the remainder of the year, expecting gross billings to increase between 9% and 10%.
Stock Repurchase Program
The Board approved a new $100 million 2-year stock repurchase program to generate long-term value for shareholders.