TriNet Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. TriNet Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $4,922,000,000. The net income raised on $375,000,000 and profit margin reached 8%. Total operating expenses were $633,000,000.
Profit Margin
| 2014 | 2.19B | 15.49M | 0.71% |
|---|---|---|---|
| 2015 | 2.65B | 31.69M | 1.19% |
| 2016 | 3.06B | 61.40M | 2.01% |
| 2017 | 3.27B | 178M | 5.44% |
| 2018 | 3.50B | 192M | 5.48% |
| 2019 | 3.85B | 212M | 5.5% |
| 2020 | 4.03B | 272M | 6.74% |
| 2021 | 4.54B | 338M | 7.44% |
| 2022 | 4.88B | 355M | 7.27% |
| 2023 | 4.92B | 375M | 7.62% |
TNET Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.92B | 4.88B | 4.54B | 4.03B | 3.85B | 3.50B | 3.27B | 3.06B | 2.65B | 2.19B |
Cost of revenue | 3.89B | 3.76B | 3.60B | 3.24B | 3.17B | 2.83B | 2.67B | 2.60B | 2.26B | 1.82B |
Gross profit | 1.03B | 1.11B | 937M | 793M | 684M | 664M | 596M | 456.11M | 396.21M | 372.96M |
Operating exp. | ||||||||||
Research and development | 65M | 73M | 50M | 40M | 43M | 49M | 45M | 31.43M | 27.55M | 26.10M |
Selling and marketing | 285M | 242M | 202M | 186M | 190M | 182M | 187M | 173.71M | 166.75M | 139.99M |
Total operating expenses | 633M | 620M | 482M | 425M | 416M | 413M | 379M | 332.15M | 317.90M | 286.16M |
Operating income | 469M | 499M | 455M | 368M | 268M | 251M | 217M | 123.95M | 78.31M | 86.79M |
Other income (expenses), net | 32M | -17M | -14M | -11M | 2M | -10M | -17M | 751K | -18.30M | -53.71M |
Income before tax | 501M | 482M | 441M | 357M | 270M | 241M | 200M | 104.45M | 60.01M | 33.07M |
Income tax expense | 126M | 127M | 103M | 85M | 58M | 49M | 22M | 43.04M | 28.31M | 17.57M |
Net income | 375M | 355M | 338M | 272M | 212M | 192M | 178M | 61.40M | 31.69M | 15.49M |
Earnings per share | ||||||||||
Basic EPS | 6.58 | 5.63 | 5.12 | 4.06 | 3.03 | 2.73 | 2.57 | 0.88 | 0.45 | 0.24 |
Diluted EPS | 6.58 | 5.55 | 5.04 | 4 | 2.99 | 2.66 | 2.49 | 0.85 | 0.44 | 0.22 |
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