← TRINET GROUP, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $3.1b
$3.3b +7.02%
$3.5b +6.96%
$3.9b +10.08%
$4.0b +4.62%
$4.5b +12.54%
$4.9b +7.60%
$4.9b +0.76%
$5.1b +2.66%
$5.0b -0.85%
$4.9b -2.51%
Insurance Services Revenue $2.6b $2.8b — — — — — — — — —
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $190.0m
$213.0m +12.11%
$229.0m +7.51%
$245.0m +6.99%
$3.5b +1334.29%
$3.9b +11.24%
$4.1b +6.04%
$4.2b +2.34%
$4.6b +8.32%
$4.6b -0.20%
$4.0b -13.85%
Interest Income (Expense), Net — — $12.0m — — — — — — — $64.0m
Gross Profit (derived) $2.9b
$3.1b +6.68%
$3.3b +6.92%
$3.6b +10.29%
$520.0m -85.60%
$631.0m +21.35%
$740.0m +17.27%
$680.0m -8.11%
$458.0m -32.65%
$424.0m -7.42%
$933.0m +120.05%
Research and Development Expense — — $49.0m $43.0m $40.0m $50.0m $73.0m $65.0m $68.0m $71.0m $70.0m
Selling and Marketing Expense $173.7m $187.0m $182.0m $190.0m $186.0m $202.0m $242.0m $285.0m $289.0m $269.0m $493.0m
General and Administrative Expense $91.7m $114.0m $142.0m $137.0m $152.0m $176.0m $241.0m $211.0m $232.0m $207.0m $224.0m
Amortization of Intangible Assets $16.0m $5.0m $5.0m $5.0m $5.0m $5.0m $54.0m $63.0m $68.0m $61.0m —
Restructuring Costs — — — — — — — — $49.0m $11.0m —
Operating Income (Loss) $124.0m
$217.0m +75.06%
$251.0m +15.67%
$268.0m +6.77%
$368.0m +37.31%
$455.0m +23.64%
$499.0m +9.67%
$469.0m -6.01%
$226.0m -51.81%
$217.0m -3.98%
$302.0m +39.17%
Interest Income, Operating — — — — — — — — $64.0m $67.0m $64.0m
Interest Income, Other — — — $23.0m $10.0m $6.0m $22.0m $72.0m — — $64.0m
Debt Securities, Realized Gain (Loss) — — $101.0m $159.0m $224.0m — — — — — —
Gain (Loss) on Investments — — — — — — ($18.0m) ($1.0m) $1.0m — —
Other Nonoperating Income (Expense) $751k $3.0m — — — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $104.5m $200.0m $241.0m $270.0m $357.0m $441.0m $482.0m $501.0m $226.0m $217.0m $248.0m
Current Income Tax Expense (Benefit) $1.3m $47.0m $48.0m $65.0m $127.0m $115.0m $148.0m $122.0m $54.0m $18.0m $73.0m
Income Tax Expense (Benefit) $43.0m $22.0m $49.0m $58.0m $85.0m $103.0m $127.0m $126.0m $53.0m $62.0m $73.0m
Net Income (Loss) Attributable to Parent $61.4m
$178.0m +189.87%
$192.0m +7.87%
$212.0m +10.42%
$272.0m +28.30%
$338.0m +24.26%
$355.0m +5.03%
$375.0m +5.63%
$173.0m -53.87%
$155.0m -10.40%
$175.0m +12.90%
Earnings Per Share, Basic $0.88 $2.57 $2.72 $3.04 $4.03 $5.13 $5.66 $6.61 $3.47 $3.20 $3.78
Earnings Per Share, Diluted $0.85 $2.49 $2.65 $2.99 $3.99 $5.07 $5.61 $6.56 $3.43 $3.20 $3.77
Common Stock, Dividends, Per Share, Declared $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.74 $0.28 —
Weighted Average Number of Shares Outstanding, Basic 70.2m 69.2m 70.4m 70.0m 67.0m 66.0m 63.0m 57.0m 50.0m 48.0m 46.5m
Weighted Average Number of Shares Outstanding, Diluted 72.0m 71.4m 72.3m 71.0m 68.0m 67.0m 64.0m 57.0m 50.0m 49.0m 48.0m
Additional Financial Items
Capitalized Computer Software, Amortization — — — $29.0m $31.0m $33.0m $35.0m $42.0m $48.0m $52.0m —
Cost, Depreciation and Amortization — — $40.0m $46.0m $47.0m $54.0m $64.0m $72.0m $75.0m $66.0m —
Costs and Expenses $2.9b $3.1b $3.3b $3.6b $3.7b $4.1b $4.4b $4.5b — — —
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $1.0m $0 —
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $141.2m $92.0m $52.0m $41.0m $44.0m $43.0m $36.0m $30.0m $28.0m $40.0m —
Operating Insurance and Claims Costs, Production $2.4b $2.5b $2.6b $2.9b $3.0b $3.3b $3.5b $3.5b $3.8b $3.8b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.