TriNet Group, Inc. (TNET) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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TNET Revenue Growth
Revenue Breakdown (FY 2025)
TNET's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
TNET Revenue Analysis (2014–2025)
As of May 8, 2026, TriNet Group, Inc. (TNET) generated trailing twelve-month (TTM) revenue of $4.94 billion, reflecting moderate decline in growth of -5.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.23 billion in revenue, down 1.8% sequentially.
Looking at the longer-term picture, TNET's 5-year compound annual growth rate (CAGR) stands at +4.4%, indicating moderate growth over time. The company achieved its highest annual revenue of $5.05 billion in 2024.
Revenue diversification analysis shows TNET's business is primarily driven by Insurance Services (85%), and Professional Services (15%). With over half of revenue concentrated in Insurance Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including PAYX (+12.4% YoY), INSP (+8.9% YoY), and BBSI (+7.1% YoY), TNET has underperformed the peer group in terms of revenue growth. Compare TNET vs PAYX →
TNET Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TNETCurrent | $4.9B | -5.1% | +4.4% | 5.3% | |
 PAYX | $5.6B | +12.4% | +6.6% | 39.6% | |
 INSP | $912M | +8.9% | +51.2% | 5.6% | |
 BBSI | $1.2B | +7.1% | +7.1% | 5.0% | |
 ADP | $20.6B | +6.9% | +7.1% | 26.3% | |
 HCKT | $306M | -5.7% | +5.0% | 8.7% |
TNET Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.01B | -0.9% | $870.0M | 17.4% | $266.0M | 5.3% |
| 2024 | $5.05B | +2.7% | $952.0M | 18.8% | $288.0M | 5.7% |
| 2023 | $4.92B | +0.8% | $1.10B | 22.4% | $469.0M | 9.5% |
| 2022 | $4.88B | +7.6% | $1.12B | 22.9% | $499.0M | 10.2% |
| 2021 | $4.54B | +12.5% | $937.0M | 20.6% | $455.0M | 10.0% |
| 2020 | $4.03B | +4.6% | $793.0M | 19.7% | $368.0M | 9.1% |
| 2019 | $3.86B | +10.1% | $684.0M | 17.7% | $268.0M | 7.0% |
| 2018 | $3.50B | +7.0% | $664.0M | 19.0% | $251.0M | 7.2% |
| 2017 | $3.27B | +7.0% | $596.0M | 18.2% | $217.0M | 6.6% |
| 2016 | $3.06B | +15.1% | $456.1M | 14.9% | $124.0M | 4.1% |
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Start ComparisonTNET — Frequently Asked Questions
Quick answers to the most common questions about buying TNET stock.
Is TNET's revenue growth accelerating or slowing?
TNET revenue declined -5.1% year-over-year, contrasting with the 5-year CAGR of +4.4%. TTM revenue fell to $4.9B. This reverses the prior growth trend.
What is TNET's long-term revenue growth rate?
TriNet Group, Inc.'s 5-year revenue CAGR of +4.4% reflects the variable expansion pattern. Current YoY growth of -5.1% is below this long-term average.
How is TNET's revenue distributed by segment?
TNET reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.