TRINET GROUP, INC.

For the period ended Jun 30, 2026. Filed Jul 30, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 30, 2026

TNET$66.30+2.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

FINANCIAL STATEMENTS	Table of Contents

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

	June 30,	December 31,
(in millions, except share and per share data)	2026	2025
Assets
Current assets:
Cash and cash equivalents	$358	$287
Restricted cash, cash equivalents and investments	1,039	1,694
Accounts receivable, net	3	20
Payroll funds receivable	428	264
Prepaid expenses, net	53	82
Other payroll assets	427	474
Other current assets	76	47
Total current assets	2,384	2,868
Restricted cash, cash equivalents and investments, noncurrent	122	128
Property and equipment, net	27	11
Operating lease right-of-use asset	40	36
Goodwill	465	461
Software and other intangible assets, net	173	153
Other assets	135	140
Total assets	$3,346	$3,797
Liabilities and stockholders' equity
Current liabilities:
Accounts payable and other current liabilities	$103	$86
Client deposits and other client liabilities	76	57
Accrued wages	547	555
Accrued health insurance costs, net	189	207
Accrued workers' compensation costs, net	42	42
Payroll tax liabilities and other payroll withholdings	1,134	1,671
Operating lease liabilities	10	10
Insurance premiums and other payables	8	9
Total current liabilities	2,109	2,637
Long-term debt, noncurrent	896	895
Accrued workers' compensation costs, noncurrent, net	104	106
Deferred taxes	54	55
Operating lease liabilities, noncurrent	44	37
Other non-current liabilities	14	13
Total liabilities	3,221	3,743
Commitments and contingencies (see Note 5)
Stockholders' equity:
Preferred stock	—	—
($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at June 30, 2026 and December 31, 2025)
Common stock and additional paid-in capital	1,174	1,135
($0.000025 par value per share; 750,000,000 shares authorized; 45,971,977 and 47,377,950 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively)
Accumulated deficit	(1,046)	(1,081)
Accumulated other comprehensive loss	(3)	—
Total stockholders' equity	125	54
Total liabilities & stockholders' equity	$3,346	$3,797

TRINET	30	2026 Q2 FORM 10-Q

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.