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Venture Capital

TriNet Acquires Cocoon to Strengthen Compliance-First Leave Management for SMBs

TriNet (NYSE: TNET) has entered into a definitive agreement to acquire Cocoon , a leave management platform founded in 2020. The deal adds compliance-first leave workflows, real-time leave tracking, integrated claims filing, and automated p

Apr 9, 2026
Company News

TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance

TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat

Feb 12, 2026
Company News

TriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million

TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (

Oct 29, 2025
Earnings

TriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance

TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g

Jul 25, 2025
Earnings

TriNet Announces First Quarter 2025 Results

TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year

Apr 25, 2025
Venture Capital

TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech

TriNet  (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions

Mar 6, 2025
Company News

TriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook

TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w

Feb 13, 2025
Product News

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the

Jan 8, 2025
Earnings

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024
Venture Capital

Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g

Sep 4, 2024
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 2024
Earnings

TriNet Announces First Quarter 2024 Results

TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o

Apr 26, 2024
Venture Capital

ServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers​

ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit

Mar 18, 2024
Company News

TriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend

TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share

Feb 15, 2024
Company News

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful

Feb 15, 2024
Company News

HiBob 2023: Revolutionizing the Workplace with Innovative Bob Platform Features

It’s been a busy year for us here at HiBob. Our 2023 roadmap theme was “Building the exceptional,” highlighting our dedication to continuously go above and beyond to deliver an even better HCM for our customers everywhere. We rose to the ch

Dec 18, 2023
Earnings

TriNet Announces Third Quarter 2023 Results

TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period

Oct 25, 2023
Product News

TriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock

Dublin, CA — July 31, 2023 —  TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price

Aug 1, 2023
Company News

TriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue

TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.

Jul 26, 2023
Company News

TriNet Launching Platform Enhancements to Meet Increased Complexities of Running a Small and Medium-Size Business

LAS VEGAS ,  June 12, 2023 -- Today at the SHRM (Society for Human Resource Management) Annual Conference and Expo 2023, TriNet  (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesse

Jun 12, 2023
Product News

TriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion

6%  Growth in Professional Service Revenues to $205 million 2%  Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro

Apr 27, 2023
Company News

TriNet Unveils New Identity that Underscores Position as the Ideal Platform for Small and Medium-Size Businesses

Company Also Announces Launch of  New People Matter Advertising Campaign Featuring Creative Work by  Iconic Photographer Annie Leibovitz, Award-Winning Documentarian Galen Summer, and Distinguished Film and Commercial Director Andrew De Zen

Apr 3, 2023
Column

2023 Feb DHR Highlights: AI Becomes New Trend of Investment

In February 2023, DHRmap compiled and published a total of 33 investment and financing news, of which 23 were investment news and 10 were acquisition news. Meanwhile, several prominent leaders in the HR field, such as Workday , the Adecco G

Mar 2, 2023
Earnings

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022

9%  Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to  $754 million  for Fiscal Year   2022 8%  Growth in Total Revenues to  $4.9 billion  for Fiscal Year   2022 11%  Grow

Feb 15, 2023
ESG

TriNet Releases 2022 Environmental, Social and Governance Report

DUBLIN, Calif. ,  Nov. 3, 2022   TriNet  (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced the release of its 2022  TriNet Environmental, Social and Gover

Nov 3, 2022
Company News

TriNet Announces Second Quarter 2022 Results

9% Growth in Total Revenues to  $1.2 Billion 17%  Growth in Professional Service Revenues to $182 million Net Income per Diluted Share of  $1.35  and Adjusted Net Income per Diluted Share  $1.72 DUBLIN, Calif. ,  July 26, 2022  /PRNewswire/

Jul 26, 2022
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