TriNet Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2011
Revenue	4,922	4,885	4,540	4,034	3,856	Upgrade
Revenue Growth (YoY)	0.76%	7.60%	12.54%	4.62%	10.08%	Upgrade
Cost of Revenue	3,820	3,766	3,603	3,241	3,172	Upgrade
Gross Profit	1,102	1,119	937	793	684	Upgrade
Selling, General & Admin	496	483	378	338	327	Upgrade
Research & Development	65	73	50	40	43	Upgrade
Other Operating Expenses	72	64	54	47	46	Upgrade
Operating Expenses	633	620	482	425	416	Upgrade
Operating Income	469	499	455	368	268	Upgrade
Interest Expense / Income	40	39	20	21	21	Upgrade
Other Expense / Income	-72	-22	-6	-10	-23	Upgrade
Pretax Income	501	482	441	357	270	Upgrade
Income Tax	126	127	103	85	58	Upgrade
Net Income	375	355	338	272	212	Upgrade
Net Income Growth	5.63%	5.03%	24.26%	28.30%	10.42%	Upgrade
Shares Outstanding (Basic)	57	63	66	67	70	Upgrade
Shares Outstanding (Diluted)	57	64	67	68	71	Upgrade
Shares Change	-10.94%	-4.48%	-1.47%	-4.23%	-1.39%	Upgrade
EPS (Basic)	6.61	5.66	5.13	4.03	3.04	Upgrade
EPS (Diluted)	6.56	5.61	5.07	3.99	2.99	Upgrade
EPS Growth	16.93%	10.65%	27.07%	33.44%	12.83%	Upgrade
Free Cash Flow	470	506	178	510	426	Upgrade
Free Cash Flow Per Share	8.25	8.03	2.70	7.61	6.09	Upgrade
Gross Margin	22.39%	22.91%	20.64%	19.66%	17.74%	Upgrade
Operating Margin	9.53%	10.21%	10.02%	9.12%	6.95%	Upgrade
Profit Margin	7.62%	7.27%	7.44%	6.74%	5.50%	Upgrade
Free Cash Flow Margin	9.55%	10.36%	3.92%	12.64%	11.05%	Upgrade
Effective Tax Rate	25.15%	26.35%	23.36%	23.81%	21.48%	Upgrade
EBITDA	622	610	527	460	364	Upgrade
EBITDA Margin	12.64%	12.49%	11.61%	11.40%	9.44%	Upgrade
Depreciation & Amortization	81	89	66	82	73	Upgrade
EBIT	541	521	461	378	291	Upgrade
EBIT Margin	10.99%	10.67%	10.15%	9.37%	7.55%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).