TriNet Group Reports Stable Results for Q2 2025 and Confirms Annual Guidance

DUBLIN, Calif., July 25, 2025 – TriNet Group, Inc. (NYSE: TNET), renowned for providing comprehensive human capital management (HCM) solutions, has shared its financial results for the second quarter ending June 30, 2025, marking a noteworthy period for the small and medium-sized business (SMB) sector.

Financial Performance Highlights

The report indicates that TriNet’s total revenues for the quarter remained steady at approximately $1.2 billion, a figure that matches revenues from the same quarter in the previous year. However, the professional service revenues have seen a decline of 8%, bringing them down to $172 million compared to the same quarter last year.

Mike Simonds, the President and CEO of TriNet, remarked, “Our second quarter financial performance was in-line with our forecast and keeps us on track to achieve our full-year guidance.” He emphasized the company's strategic execution and commitment to supporting SMB clients through these volatile times.

Despite challenges, the company reported a net income of $37 million or $0.77 per diluted share, reflecting a decrease from the $60 million or $1.20 per diluted share recorded in the prior year’s quarter. Adjusted net income was reported at $55 million, showing a similar trend of decline compared to $78 million from the previous year.

The adjusted EBITDA for the quarter stood at $105 million, constituting an adjusted EBITDA margin of 8.5%, a drop from 10.9% recorded last year. Average Worksite Employees (WSEs) also decreased by 4%, averaging around 336,000 during the quarter.

Shareholder Engagement and Financial Outlook

In the first half of 2025, TriNet returned $117 million to its shareholders through repurchases and dividends, signifying effective financial management and shareholder engagement.

Looking ahead, TriNet is reiterating its guidance for the full year 2025, anticipating total revenues in the range of $4.95 billion to $5.14 billion, with professional service revenues targeted between $700 million to $730 million. Simonds highlighted several growth initiatives scheduled to launch in the fall, which should foster sales growth through enhanced market strategies and improved offerings.

Forecasts for the insurance cost ratio have also been set at an estimated 90% to 92%, with adjusted EBITDA margins expected between 7% to 9%. For diluted net income per share, the estimates are set between $1.90 and $3.40, while adjusted net income per share could range from $3.25 to $4.75.

Earnings Call and Investor Information

To elaborate on these results, TriNet will hold a conference call at 5:30 a.m. PT (8:30 a.m. ET) today. Participants can access the webcast via the Investor Relations section of TriNet’s website. Those who wish to join the call can pre-register using the provided links or dial in directly.

In closing, TriNet Group, Inc. continues to solidify its position as a premier provider of HCM solutions while navigating through current economic challenges. The company remains optimistic about the initiatives in the pipeline that are aimed at enhancing client offerings and driving sustainable growth amidst the evolving business environment. For continuous updates or further details on TriNet's services, visit TriNet.com.