TriNet第三季度收入11.75亿美元同比降5%：调整后每股收益0.94美元、全年盈利料达指引高端
人力资源服务公司 TriNet Group（纽交所代码：TNET）10月29日公布2026年第三季度业绩：总收入11.75亿美元，同比下降5%；净利3,100万美元、摊薄每股收益0.65美元，上年同期净利为3,400万美元、每股收益0.70美元；调整后净利4,400万美元、调整后摊薄每股收益0.94美元；调整后EBITDA为8,900万美元，利润率7.6%。TriNet 总部位于加利福尼亚州 Dublin，面向中小企业提供人力资本管理服务。
分项看，专业服务收入1.57亿美元，同比下降7%；保险服务收入10.05亿美元，同比下降约4%；利息收入1,300万美元。季度末驻地员工约29.5万人，同比下降11%；季度平均驻地员工296,372人，下降12%。保险成本率为89%，同比改善1个百分点。
总裁兼首席执行官 Mike Simonds 表示，公司第三季度业绩扎实，盈利表现超过此前预期，客户留存改善，新销售恢复同比增长。他表示，经纪渠道势头正在增强，公司在重要的秋季销售季加大销售投入，并通过 TriNet Leave、TriNet Recruit 与 TriNet Spend 等方案加强客户价值主张。
第三季度，公司经营现金流为8,000万美元，同比增长11%，自由现金流为5,300万美元。公司重申2026年全年指引：总收入47.5亿至49亿美元、专业服务收入6.47亿至6.63亿美元、摊薄每股收益2.85至3.35美元、调整后每股收益4.50至5.10美元，并预计全年每股收益将落在指引区间高端；公司同时表示全年收入趋向指引区间低端。
TriNet Q3 Revenue Falls 5% to $1.175 Billion; Adjusted EPS of $0.94 and Full-Year Earnings Expected at Top End of Guidance
TriNet Group, Inc. (NYSE: TNET), a provider of human capital management solutions for small and medium-size businesses, announced on October 29 its financial results for the third quarter ended September 30, 2026. Total revenues decreased 5% to $1.175 billion from the same period last year. Net income was $31 million, or $0.65 per diluted share, compared with $34 million, or $0.70 per diluted share, a year earlier. Adjusted net income was $44 million, or $0.94 per diluted share, and adjusted EBITDA was $89 million, a margin of 7.6%. TriNet is headquartered in Dublin, California.
Professional service revenues decreased 7% to $157 million, and insurance service revenues were $1,005 million, down about 4%. Interest income was $13 million. Total worksite employees decreased 11% year over year to approximately 295,000, and average worksite employees fell 12% to 296,372. The insurance cost ratio improved 1 percentage point to 89%.
"We delivered solid third quarter results and made further progress against our strategic priorities," said Mike Simonds, TriNet's President and CEO. "Earnings performance exceeded our forecast, customer retention improved, and new sales returned to year-over-year growth." He said momentum in the broker channel is building and that the company is strengthening its customer value proposition through solutions such as TriNet Leave powered by Cocoon, TriNet Recruit, and TriNet Spend.
Net cash provided by operating activities increased 11% to $80 million, generating $53 million of free cash flow. TriNet reaffirmed its full-year 2026 guidance — total revenues of $4.75 billion to $4.9 billion, professional service revenues of $647 million to $663 million, diluted EPS of $2.85 to $3.35, and adjusted EPS of $4.50 to $5.10 — and said it now expects earnings per share at the top end of the range, while revenue tracks toward the low end.
来源：GSM·美国（原文链接）
图片来源：图：580号州际公路通往Dublin方向的航拍（TriNet总部位于加利福尼亚州Dublin，资料图）。Dicklyon摄，CC BY-SA 4.0，经Wikimedia Commons。 / Aerial view of Interstate 580 toward Dublin, California, where TriNet is headquartered (file photo). Photo by Dicklyon, CC BY-SA 4.0, via Wikimedia Commons.
