Income Statement (TTM)
TriNet Group, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,989 | 4,034 | 4,046 | 4,198 | 4,371 | 4,540 | 4,698 | 4,798 | 4,891 | 4,885 | 4,913 | 4,922 | 4,903 | 4,922 | 4,940 | 4,957 | 4,972 | 4,989 | 4,999 | 4,993 |
| Change (%) | 1.13 | 0.30 | 3.76 | 4.12 | 3.87 | 3.48 | 2.13 | 1.94 | -0.12 | 0.57 | 0.18 | -0.39 | 0.39 | 0.37 | 0.34 | 0.30 | 0.34 | 0.20 | -0.12 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 3,180 | 3,241 | 3,227 | 3,418 | 3,503 | 3,603 | 3,681 | 3,745 | 3,784 | 3,766 | 3,803 | 3,821 | 3,819 | 3,820 | 3,876 | 3,921 | 3,995 | 4,101 | 4,128 | 4,155 |
| Change (%) | 1.92 | -0.43 | 5.92 | 2.49 | 2.85 | 2.16 | 1.74 | 1.04 | -0.48 | 0.98 | 0.47 | -0.05 | 0.03 | 1.47 | 1.16 | 1.89 | 2.65 | 0.66 | 0.65 | |
| % of Revenue | 79.72 | 80.34 | 79.76 | 81.42 | 80.14 | 79.36 | 78.35 | 78.05 | 77.37 | 77.09 | 77.41 | 77.63 | 77.89 | 77.61 | 78.46 | 79.10 | 80.35 | 82.20 | 82.58 | 83.22 |
| Gross Operating Profit | 809 | 793 | 819 | 780 | 868 | 937 | 1,017 | 1,053 | 1,107 | 1,119 | 1,110 | 1,101 | 1,084 | 1,102 | 1,064 | 1,036 | 977 | 888 | 871 | 838 |
| Change (%) | -1.98 | 3.28 | -4.76 | 11.28 | 7.95 | 8.54 | 3.54 | 5.13 | 1.08 | -0.80 | -0.81 | -1.54 | 1.66 | -3.45 | -2.63 | -5.69 | -9.11 | -1.91 | -3.79 | |
| % of Revenue | 20.28 | 19.66 | 20.24 | 18.58 | 19.86 | 20.64 | 21.65 | 21.95 | 22.63 | 22.91 | 22.59 | 22.37 | 22.11 | 22.39 | 21.54 | 20.90 | 19.65 | 17.80 | 17.42 | 16.78 |
| SG&A | 325 | 338 | 341 | 346 | 371 | 378 | 378 | 403 | 416 | 446 | 471 | 484 | 486 | 479 | 492 | 488 | 485 | 497 | 489 | 488 |
| Change (%) | 4.00 | 0.89 | 1.47 | 7.23 | 1.89 | 0.00 | 6.61 | 3.23 | 7.21 | 5.61 | 2.76 | 0.41 | -1.44 | 2.71 | -0.81 | -0.61 | 2.47 | -1.61 | -0.20 | |
| % of Revenue | 8.15 | 8.38 | 8.43 | 8.24 | 8.49 | 8.33 | 8.05 | 8.40 | 8.51 | 9.13 | 9.59 | 9.83 | 9.91 | 9.73 | 9.96 | 9.84 | 9.75 | 9.96 | 9.78 | 9.77 |
| R&D | 36 | 40 | 44 | 46 | 49 | 50 | 53 | 62 | 68 | 73 | 74 | 71 | 68 | 65 | 66 | 66 | 68 | 68 | 70 | 70 |
| Change (%) | 11.11 | 10.00 | 4.55 | 6.52 | 2.04 | 6.00 | 16.98 | 9.68 | 7.35 | 1.37 | -4.05 | -4.23 | -4.41 | 1.54 | 0.00 | 3.03 | 0.00 | 2.94 | 0.00 | |
| % of Revenue | 0.90 | 0.99 | 1.09 | 1.10 | 1.12 | 1.10 | 1.13 | 1.29 | 1.39 | 1.49 | 1.51 | 1.44 | 1.39 | 1.32 | 1.34 | 1.33 | 1.37 | 1.36 | 1.40 | 1.40 |
| OpEx | 3,588 | 3,666 | 3,660 | 3,864 | 3,977 | 4,078 | 4,160 | 4,255 | 4,319 | 4,349 | 4,417 | 4,447 | 4,444 | 4,436 | 4,506 | 4,548 | 4,623 | 4,741 | 4,761 | 4,785 |
| Change (%) | 2.17 | -0.16 | 5.57 | 2.92 | 2.54 | 2.01 | 2.28 | 1.50 | 0.69 | 1.56 | 0.68 | -0.07 | -0.18 | 1.58 | 0.93 | 1.65 | 2.55 | 0.42 | 0.50 | |
| % of Revenue | 89.95 | 90.88 | 90.46 | 92.04 | 90.99 | 89.82 | 88.55 | 88.68 | 88.31 | 89.03 | 89.90 | 90.35 | 90.64 | 90.13 | 91.21 | 91.75 | 92.98 | 95.03 | 95.24 | 95.83 |
| Operating Income | 401 | 368 | 386 | 334 | 394 | 462 | 538 | 543 | 572 | 536 | 496 | 475 | 459 | 486 | 434 | 409 | 349 | 248 | 238 | 208 |
| Change (%) | -8.23 | 4.89 | -13.47 | 17.96 | 17.26 | 16.45 | 0.93 | 5.34 | -6.29 | -7.46 | -4.23 | -3.37 | 5.88 | -10.70 | -5.76 | -14.67 | -28.94 | -4.03 | -12.61 | |
| % of Revenue | 10.05 | 9.12 | 9.54 | 7.96 | 9.01 | 10.18 | 11.45 | 11.32 | 11.69 | 10.97 | 10.10 | 9.65 | 9.36 | 9.87 | 8.79 | 8.25 | 7.02 | 4.97 | 4.76 | 4.17 |
| Interest Expense | -20 | -21 | -22 | -23 | -20 | -20 | -20 | -21 | -21 | -22 | -24 | -24 | -29 | -40 | -49 | -59 | -64 | -62 | -60 | -59 |
| Change (%) | 5.00 | 4.76 | 4.55 | -13.04 | -0.00 | -0.00 | 5.00 | -0.00 | 4.76 | 9.09 | -0.00 | 20.83 | 37.93 | 22.50 | 20.41 | 8.47 | -3.12 | -3.23 | -1.67 | |
| % of Revenue | -0.50 | -0.52 | -0.54 | -0.55 | -0.46 | -0.44 | -0.43 | -0.44 | -0.43 | -0.45 | -0.49 | -0.49 | -0.59 | -0.81 | -0.99 | -1.19 | -1.29 | -1.24 | -1.20 | -1.18 |
| Net Income | 298 | 272 | 282 | 247 | 291 | 338 | 383 | 376 | 376 | 355 | 340 | 339 | 356 | 375 | 335 | 313 | 264 | 173 | 167 | 143 |
| Change (%) | -8.72 | 3.68 | -12.41 | 17.81 | 16.15 | 13.31 | -1.83 | 0.00 | -5.59 | -4.23 | -0.29 | 5.01 | 5.34 | -10.67 | -6.57 | -15.65 | -34.47 | -3.47 | -14.37 | |
| % of Revenue | 7.47 | 6.74 | 6.97 | 5.88 | 6.66 | 7.44 | 8.15 | 7.84 | 7.69 | 7.27 | 6.92 | 6.89 | 7.26 | 7.62 | 6.78 | 6.31 | 5.31 | 3.47 | 3.34 | 2.86 |
Source: Capital IQ
