Dublin, California – October 29, 2026 -- TriNet Group (NYSE: TNET) reported a 5% year-over-year decline in third-quarter revenue to $1.2 billion, while worksite employees fell 11% to approximately 295,000, yet the HR outsourcing provider reaffirmed its full-year 2026 guidance.

Earnings and margins contract year over year

Net income fell to $31 million, or $0.65 per diluted share, from $34 million, or $0.70, a year earlier. Adjusted Net Income dropped to $44 million ($0.94 per diluted share) from $55 million ($1.11).