Trinet profit margin TNET
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 3.6%
- Operating margin, 12 months
- 6.2%
- Net margin on a year earlier
- +0.7 pts
- Peer median
- 12.4%
Over the twelve months to Jun 30, 2026, Trinet kept 3.6% of its revenue as net profit, with an operating margin of 6.2% and a gross margin of 94.2%.
Five years earlier its net margin was 5.9%.
The median for 10 credit services stocks of a similar size is 12.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 3.1% | 5.4% | 94.2% |
| FY2024 | 3.4% | 5.7% | 94.0% |
| FY2023 | 7.6% | 9.5% | 93.8% |
| FY2022 | 7.3% | 10.2% | 93.8% |
| FY2021 | 7.4% | 10.0% | 94.2% |
| FY2020 | 6.7% | 9.1% | 93.5% |
| FY2019 | 5.5% | 7.0% | 93.6% |
| FY2018 | 5.5% | 7.2% | 93.5% |
| FY2017 | 5.4% | 6.6% | 93.5% |
| FY2016 | 2.0% | 4.1% | 93.8% |
| FY2015 | 1.2% | 2.9% | 94.3% |
| FY2014 | 0.7% | 4.0% | 93.9% |
| FY2013 | 0.8% | 4.0% | 93.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 3.6% | +0.7 pts | 6.2% | |
| Q1 FY26 | 3.2% | −0.1 pts | 5.7% | |
| Q4 FY25 | 3.1% | −0.3 pts | 5.4% | |
| Q3 FY25 | 2.6% | −2.6 pts | 4.7% | |
| Q2 FY25 | 2.8% | −3.4 pts | 4.9% | |
| Q1 FY25 | 3.3% | −3.5 pts | 5.5% | |
| Q4 FY24 | 3.4% | −4.2 pts | 5.7% | |
| Q3 FY24 | 5.2% | −2.0 pts | 7.9% | |
| Q2 FY24 | 6.3% | −0.6 pts | 8.8% | |
| Q1 FY24 | 6.8% | −0.2 pts | 8.9% | |
| Q4 FY23 | 7.6% | +0.3 pts | 9.5% | |
| Q3 FY23 | 7.3% | −0.4 pts | 8.9% |
Against its peers
Companies in Financial - Credit Services nearest Trinet's size, closest first, today.
| Company | Profit margin |
|---|---|
| TNETTrinet | 3.6% |
| SLMSLM | 31.7% |
| MMSMaximus | 7.1% |
| BFHBread Financial | 14.4% |
| ENVAEnova International | 10.5% |
| CBZCBIZ | 4.7% |
| PAYPaymentus | 6.2% |
| NNINelnet | 25.8% |
| SEZLSezzle | 30.4% |
| DAVEDave | 34.6% |
| EEFTEuronet Worldwide | 6.6% |
| Peer median | 12.4% |
Where Trinet ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Trinet
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.