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TNET-News
TNET-Events
Company Reports Q2 Revenue of $1.2B, Beating Expectations
Reports Q2 revenue $1.2B, consensus $1.18B. "Our Q2 results reflect the progress we are making in delivering on our plan," said Mike Simonds, CEO. "We increased our retention, managed costs, improved our bottom-line performance, and raised our full year earnings guidance. We are gaining traction across several initiatives. We expect further sales-force growth, channel activity is increasing, and our AI investments are driving an improved service experience. As we look to the second half, we are well positioned for the fall selling season."
Still Sees 2026 Revenue at $4.75B-$4.90B
Still sees 2026 revenue $4.75B-$4.90B, consensus $4.83B.
Sees 2026 Revenue at $4.75B-$4.90B
Sees 2026 revenue $4.75B-$4.90B.
TriNet Reports Q1 Revenue of $1.23B
Reports Q1 revenue $1.23B vs. $1.29B last year. "TriNet is off to a strong start in 2026," said CEO Mike Simonds. "The largest of our repricing efforts is behind us, expenses are prudently managed, and investments in our products and services are being made through internal development, acquisition, and partnerships. We are seeing building momentum in our go-to-market efforts, supported by stronger pipeline, a more tenured sales team, and accelerating channel activity. With the early success of TriNet Assistant, we believe our investments in AI position us to improve service, scale efficiently, and support a return to growth. 2026 stands to be an exciting year for TriNet."
TriNet Acquires Cocoon to Enhance Leave Management Technology
TriNet announced it has entered into a definitive agreement to acquire Cocoon, a company in leave management technology. Upon completion of the deal, the strategic acquisition will strengthen TriNet's leave of absence offering, with the addition of a robust and intuitive compliance-driven product that improves both the employer and employee experience at every touchpoint. Upon deal close, Cocoon will become a wholly owned subsidiary of TriNet. The acquisition is expected to close this month, subject to customary closing conditions, including the receipt of regulatory approvals. Financial terms of the acquisition were not disclosed, and the acquisition of Cocoon is not expected to have a material impact on the company's financial guidance for 2026.
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