TriNet Group, Inc. (TNET) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.23B | 1.25B | 1.23B | 1.24B | 1.29B | 1.33B | 1.24B | 1.24B | 1.28B | 1.25B | 1.22B | 1.21B |
| Revenue Growth % | -5.11% | -5.88% | -0.4% | -0.4% | 0.78% | 6.51% | 1.23% | 2.81% | 2.89% | 1.55% | -1.53% | 0.75% |
| Cost of Goods Sold | 943M | 1.09B | 1.02B | 1.02B | 1.01B | 1.1B | 1.02B | 991M | 986M | 1.01B | 948M | 947M |
| COGS % of Revenue | 76.92% | 87.58% | 82.47% | 82.23% | 78.41% | 83.03% | 82.7% | 79.73% | 76.91% | 81.45% | 77.58% | 78.33% |
| Gross Profit | 283M | 155M | 216M | 220M | 279M | 225M | 214M | 252M | 296M | 231M | 274M | 262M |
| Gross Margin % | 23.08% | 12.42% | 17.53% | 17.77% | 21.59% | 16.97% | 17.3% | 20.27% | 23.09% | 18.55% | 22.42% | 21.67% |
| Gross Profit Growth % | 1.43% | -31.11% | 0.93% | -12.7% | -5.74% | -2.6% | -21.9% | -3.82% | -6.33% | -0.43% | -5.52% | -3.68% |
| Operating Expenses | 147M | 134M | 166M | 154M | 150M | 198M | 156M | 172M | 174M | 144M | 158M | 165M |
| OpEx % of Revenue | 11.99% | 10.74% | 13.47% | 12.44% | 11.61% | 14.93% | 12.61% | 13.84% | 13.57% | 11.57% | 12.93% | 13.65% |
| Selling, General & Admin | 128M | 118M | 119M | 120M | 113M | 163M | 120M | 119M | 120M | 128M | 126M | 130M |
| SG&A % of Revenue | 10.44% | 9.46% | 9.66% | 9.69% | 8.75% | 12.29% | 9.7% | 9.57% | 9.36% | 10.28% | 10.31% | 10.75% |
| Research & Development | 19M | 16M | 18M | 17M | 20M | 16M | 17M | 17M | 18M | 16M | 15M | 17M |
| R&D % of Revenue | 1.55% | 1.28% | 1.46% | 1.37% | 1.55% | 1.21% | 1.37% | 1.37% | 1.4% | 1.29% | 1.23% | 1.41% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K |
| Operating Income | 136M | 21M | 50M | 66M | 129M | 27M | 58M | 80M | 122M | 87M | 116M | 97M |
| Operating Margin % | 11.09% | 1.68% | 4.06% | 5.33% | 9.98% | 2.04% | 4.69% | 6.44% | 9.52% | 6.99% | 9.49% | 8.02% |
| Operating Income Growth % | 5.43% | -22.22% | -13.79% | -17.5% | 5.74% | -68.97% | -50% | -17.53% | -27.81% | 55.36% | -3.33% | -18.49% |
| EBITDA | 168M | 52M | 69M | 83M | 148M | 53M | 78M | 100M | 142M | 119M | 147M | 115M |
| EBITDA Margin % | 13.7% | 4.17% | 5.6% | 6.7% | 11.46% | 4% | 6.31% | 8.05% | 11.08% | 9.56% | 12.03% | 9.51% |
| EBITDA Growth % | 13.51% | -1.89% | -11.54% | -17% | 4.23% | -55.46% | -46.94% | -13.04% | -24.87% | 25.26% | 0.68% | -9.45% |
| D&A (Non-Cash Add-back) | 32M | 31M | 19M | 17M | 19M | 26M | 20M | 20M | 20M | 32M | 31M | 18M |
| EBIT | 136M | 21M | 63M | 66M | 129M | -22M | 73M | 97M | 140M | 102M | 134M | 117M |
| Net Interest Income | -13M | -14M | 4M | -15M | 4M | -64M | 0 | 1M | 2M | -2M | 8M | 14M |
| Interest Income | 0 | 0 | 17M | 0 | 18M | -49M | 15M | 17M | 18M | 15M | 18M | 20M |
| Interest Expense | 13M | 14M | 13M | 15M | 14M | 15M | 15M | 16M | 16M | 17M | 10M | 6M |
| Other Income/Expense | -13M | -20M | 0 | -15M | -14M | -64M | 0 | 1M | 2M | -2M | 8M | 14M |
| Pretax Income | 123M | 1M | 50M | 51M | 115M | -37M | 58M | 81M | 124M | 85M | 124M | 111M |
| Pretax Margin % | 10.03% | 0.08% | 4.06% | 4.12% | 8.9% | -2.79% | 4.69% | 6.52% | 9.67% | 6.83% | 10.15% | 9.18% |
| Income Tax | 34M | 2M | 16M | 14M | 30M | -14M | 13M | 21M | 33M | 18M | 30M | 28M |
| Effective Tax Rate % | 27.64% | 200% | 32% | 27.45% | 26.09% | 37.84% | 22.41% | 25.93% | 26.61% | 21.18% | 24.19% | 25.23% |
| Net Income | 89M | -1M | 34M | 37M | 85M | -23M | 45M | 60M | 91M | 67M | 94M | 83M |
| Net Margin % | 7.26% | -0.08% | 2.76% | 2.99% | 6.58% | -1.73% | 3.64% | 4.83% | 7.1% | 5.38% | 7.69% | 6.87% |
| Net Income Growth % | 4.71% | 95.65% | -24.44% | -38.33% | -6.59% | -134.33% | -52.13% | -27.71% | -30.53% | 39.58% | 22.08% | -2.35% |
| Net Income (Continuing) | 89M | -1M | 34M | 37M | 85M | -23M | 45M | 60M | 91M | 67M | 94M | 83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.89 | -0.02 | 0.71 | 0.76 | 1.71 | -0.46 | 0.90 | 1.20 | 1.78 | 1.31 | 1.63 | 1.38 |
| EPS Growth % | 10.53% | 95.48% | -21.11% | -36.67% | -3.93% | -135.11% | -44.79% | -13.04% | -18.35% | 70.13% | 33.61% | 2.22% |
| EPS (Basic) | 1.89 | -0.02 | 0.71 | 0.77 | 1.73 | -0.46 | 0.90 | 1.20 | 1.78 | 1.31 | 1.65 | 1.38 |
| Diluted Shares Outstanding | 47M | 48M | 48M | 49M | 49M | 50M | 50M | 51M | 51M | 51M | 58M | 60M |
| Basic Shares Outstanding | 47M | 48M | 48M | 48M | 49M | 50M | 50M | 50M | 51M | 51M | 57M | 60M |
| Dividend Payout Ratio | - | - | 38.24% | 37.84% | 14.12% | - | 26.67% | 21.67% | - | - | - | - |