Trinet Group, Inc. TNET
TriNet is a leading provider of HR solutions for SMBs. 10-K, Item 1
- Employees
- 3,400
- Headquarters
- Dublin, CA
- CEO
- Michael Q. Simonds
- Next results
- around Feb 11, 2027
TNET among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 251 peers the company is above, not a score.
What changed
14 new risk paragraphs. 10-K filed Feb 12, 2026 against Feb 13, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
10 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 10 checks found nothing to note
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Receivables -37.5% ($32.0M to $20.0M) vs revenue -0.9% ($5.1B to $5.0B), -36.6 pts apart
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Cash from operations $303.0M vs net income $155.0M (FY ending Dec 31, 2025)
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Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
7 more checks with nothing to note
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Accrued Workers’ Compensation and Health Insurance Costs; FINANCIAL STATEMENTS Table of Contents
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
14 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
Additionally, trade policies, including tariffs or other export or import restrictions, laws, and regulations, could directly or indirectly have a material adverse effect on our customers' businesses, as well as result in economic uncertainty and downturn more generally. For example, increased tariffs or other export or import…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
To satisfy client expectations and regulatory requirements, we must timely and effectively identify and develop, or license and contract appropriate technologies and services, and incorporate such technologies and services into the solutions that we provide. We generally have limited visibility into the operations, strategies and future…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
The market for our solutions is characterized by rapid technological advancements such as AI, including without limitation, AI systems performing the roles historically allocated to human HR resources, changes in customer requirements, frequent new product introductions and enhancements, and changing industry standards. To maintain our…
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Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
We believe that providing insights and content from data, including AI and ML, will become increasingly important to the value that our solutions and services deliver to our clients are exploring how best to integrate generative AI technologies and develop and deploy capabilities that are beneficial to our clients and WSEs. In recent…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $4.9B | $5.0B | $5.1B | $5.0B |
| Net income | $355.0M | $375.0M | $173.0M | $155.0M |
| Operating cash flow | $497.0M | $539.0M | $279.0M | $303.0M |
| Free cash flow | $441.0M | $464.0M | $201.0M | $234.0M |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$5.0B ▼ 0.9% in FY2025$155.0M ▼ 10.4% in FY2025$234.0M ▲ 16.4% in FY2025
Recent filings
3 filings in the last 30 days · SEC EDGAR
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Planned saleOct 29, 2026Paul Chamberlain (Board of Directors) adopted a 10b5-1 trading plan reported in the 10-Q, up to 2,400 shares, runs to Nov 15, 2027
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8-KOct 29, 2026Quarterly results 8-K item 2.02
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10-QOct 29, 2026Quarterly report (10-Q) period ended Sep 30, 2026
About the company
Trinet Group, Inc., Dublin, CA · from the 10-K filed Feb 12, 2026
TriNet is a leading provider of HR solutions for SMBs. We offer technology-enabled services that include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. Our long-term objective is to be the premier provider of HR services for a broad range of SMBs through industry-leading benefits, sales distribution excellence, and a world-class services delivery model.
- Headquarters
- Dublin, CA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 29, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, we had approximately 3,400 colleagues globally supporting approximately 323,200 WSEs and 39,700 ASO Users" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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