TRINET GROUP, INC. (TNET) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Information Technology
Services-Business Services, NECSEC EDGAR

TRINET GROUP, INC. (TNET) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

TRINET GROUP, INC. FY2025 10-K Analysis

Business Overview

  • Core business model: provide comprehensive PEO (professional employer organization) services including payroll, employee benefits, and compliance support for SMB clients
  • Emphasis on compliance with evolving data privacy/security laws and costly regulatory changes impacting PEO and co-employment statuses
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Management Discussion & Analysis

  • Revenue $4.99B, slight YoY decline mainly due to 5% decrease in Average WSEs; PSR down to $719M from $765M, ISR flat at $4.2B
  • Adjusted EBITDA $425M, down 12% YoY; adjusted EBITDA margin 8.5% vs 9.6% in 2024; net income $155M vs $173M in 2024
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Risk Factors

  • Cybersecurity risk management overseen by Risk Committee with updates quarterly and bi-monthly, led by CSO with 25+ years experience
  • No specific regulatory or legal risk disclosed in provided text
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TRINET GROUP, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$5.0B

-0.9% YoY

Net Income

$155M

-10.4% YoY

Net Margin

3.1%

-33bp YoY

ROE

287.0%

+3631bp YoY

Total Assets

$3.8B

-7.8% YoY

EPS (Diluted)

$3.20

-6.7% YoY

Operating Cash Flow

$303M

+8.6% YoY

Source: XBRL data from TRINET GROUP, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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