TNET

EX-99.1

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EX-99.1

Document

Exhibit 99.1

TriNet Announces Second Quarter 2026 Results & Raises FY26 Earnings Guidance

50% Growth in GAAP Earnings per Diluted Share to $1.15 for the Second Quarter 2026

35% Growth in Adjusted Net Income per Diluted Share to $1.55 for the Second Quarter 2026

DUBLIN, Calif. — July 30, 2026 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the second quarter ended June 30, 2026. The second quarter highlights below include non-GAAP financial measures which are reconciled later in this release.

“Our second quarter results reflect the progress we are making in delivering on our plan,” said Mike Simonds, TriNet’s President and CEO. “We increased our retention, managed costs, improved our bottom-line performance, and raised our full year earnings guidance.”

Simonds continued, “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.”

Second quarter highlights include:

•Total revenues decreased 5% to $1.2 billion compared to the same period last year.

•Professional service revenues decreased 8% to $159 million compared to the same period last year.

•Net income was $53 million, or $1.15 per diluted share, compared to net income of $37 million, or $0.77 per diluted share, in the same period last year.

•Adjusted Net Income was $72 million, or $1.55 per diluted share, compared to Adjusted Net Income of $55 million, or $1.15 per diluted share, in the same period last year.

•Adjusted EBITDA was $128 million, representing an Adjusted EBITDA Margin of 10.9%, compared to Adjusted EBITDA of $105 million, representing an Adjusted EBITDA Margin of 8.5% in the same period last year.

•Average Worksite Employees (WSEs) decreased 11% as compared to the same period last year, to approximately 298,000.

•Generated $88 million in Net cash provided by operating activities, and $67 million in Free Cash Flow.

Full-Year 2026 Guidance

In addition to announcing our second quarter 2026 results, we are revising our full-year 2026 guidance. Non-GAAP financial measures are reconciled later in this release.

Full Year 2026

(dollars in millions, except for per share amounts)LowHigh

Total Revenues$4,750 $4,900

Professional Service Revenues$647 $663

Insurance Cost Ratio89.50 %88.50 %

Adjusted EBITDA Margin8.5 %9.0 %

Diluted net income per share of common stock$2.85 $3.35

Adjusted Net Income per share - diluted$4.50 $5.10

Quarterly Report on Form 10-Q

We anticipate filing our Quarterly Report on Form 10-Q (“Form 10-Q”) for the first half of 2026 with the U.S. Securities and Exchange Commission (SEC) and making it available at https://www.trinet.com on or about July 30, 2026. This press release should be read in conjunction with the Form 10-Q and the related Notes to Consolidated Financial Statements and Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Form 10-Q.

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Earnings Conference Call and Audio Webcast

TriNet will host a conference call at 5:30 a.m. PT today to discuss its second quarter results for 2026. TriNet encourages participants to pre-register for the webcast. The live webcast of the conference call can be accessed on the Investor Relations section of TriNet’s website at https://investor.trinet.com. Participants can pre-register for the webcast by going to: https://events.q4inc.com/attendee/927481617. Callers can pre-register for the conference call by going to: https://dpregister.com/sreg/10210705/1048397dc5d. For those who would like to join the call but have not pre-registered, they can do so by dialing +1 (412) 317-5426 and requesting the "TriNet Conference Call." A replay of the webcast will be available on this website for approximately one year. A telephonic replay will be available for two weeks following the conference call at +1 (412) 317-0088 conference ID: 5964638.

About TriNet

TriNet is a leading provider of Human Resources solutions for small and medium size businesses, offering advanced technology-enabled services that include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. Our long-term objective is to be the premier provider of HR services for a broad range of SMBs through industry leading benefits, sales distribution excellence, and a world class services delivery model. For more information, please visit TriNet.com or follow us on Facebook, LinkedIn and Instagram.

Use of Non-GAAP Financial Measures

Reconciliations of non-GAAP financial measures to TriNet’s financial results as determined

EX-99.1

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EX-99.1

Document

Exhibit 99.1

TriNet Announces First Quarter 2026 Results

11% Growth in GAAP Earnings per Diluted Share to $1.90 for the First Quarter 2026

25% Growth in Adjusted Net Income per Diluted Share to $2.48 for the First Quarter 2026

Returned Approximately $71 million to Shareholders Through Stock Repurchases and Dividends

DUBLIN, Calif. — April 30, 2026 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the first quarter ended March 31, 2026. The first quarter highlights below include non-GAAP financial measures which are reconciled later in this release.

“TriNet is off to a strong start in 2026,” said Mike Simonds, President and CEO. “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.”

Simonds continued, “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."

First quarter highlights include:

•Total revenues decreased 5% to $1.2 billion compared to the same period last year.

•Professional service revenues decreased 10% to $189 million compared to the same period last year.

•Net income was $89 million, or $1.90 per share, compared to net income of $85 million, or $1.71 per share, in the same period last year.

•Adjusted Net Income was $116 million, or $2.48 per diluted share, compared to Adjusted Net Income of $99 million, or $1.99 per diluted share, in the same period last year.

•Adjusted EBITDA was $186 million, representing an Adjusted EBITDA Margin of 15.2%, compared to Adjusted EBITDA of $162 million, representing an Adjusted EBITDA Margin of 12.6% in the same period last year.

•Average Worksite Employees (WSEs) decreased 12% as compared to the same period last year as compared to the previous quarter, to approximately 300,000.

•Generated $149 million in Net cash provided by operating activities, and $123 million in Free Cash Flow.

Full-Year 2026 Guidance

In addition to announcing our first quarter 2026 results, we are reiterating our full-year 2026 guidance. Non-GAAP financial measures are reconciled later in this release.

Full Year 2026

(dollars in millions, except for per share amounts)LowHigh

Total Revenues$4,750 $4,900

Professional Service Revenues$625 $645

Insurance Cost Ratio90.75 %89.25 %

Adjusted EBITDA Margin7.5 %8.7 %

Diluted net income per share of common stock$2.15 $3.05

Adjusted Net Income per share - diluted$3.70 $4.70

Quarterly Report on Form 10-Q

We anticipate filing our Quarterly Report on Form 10-Q (“Form 10-Q”) for the three months ended March 31, 2026 with the U.S. Securities and Exchange Commission (SEC) and making it available at http://www.trinet.com on or about April 30, 2026. This press release should be read in conjunction with the Form 10-Q and the related Notes to

1

Consolidated Financial Statements and Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Form 10-Q.

Earnings Conference Call and Audio Webcast

TriNet will host a conference call at 5:30 a.m. PT today to discuss its first quarter results for 2026. TriNet encourages participants to pre-register for the webcast. The live webcast of the conference call can be accessed on the Investor Relations section of TriNet’s website at https://investor.trinet.com. Participants can pre-register for the webcast by going to: https://events.q4inc.com/attendee/214291011. Callers can pre-register for the conference call by going to: https://dpregister.com/sreg/10208266/103c777f574. For those who would like to join the call but have not pre-registered, they can do so by dialing +1 (412) 317-5426 and requesting the "TriNet Conference Call." A replay of the webcast will be available on this website for approximately one year. A telephonic replay will be available for two weeks following the conference call at +1 (412) 317-0088 conference ID: 4129824.

About TriNet

TriNet is a leading provider of Human Resources solutions for small and medium size businesses, offering advanced technology-enabled services that include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. Our long-term objective is to be the premier provider of HR services for a broad range of SMBs through industry leading benefits, sales distribution excellence, and a world class services delivery model. For more info

tnet-202602120000937098False00009370982026-02-122026-02-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 12, 2026

TRINET GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware001-3637395-3359658 (State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification No.) One Park Place, Suite 600 Dublin, CA94568 (Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (510) 352-5000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common stock par value $0.000025 per shareTNETNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition On February 12, 2026, TriNet Group, Inc. (the “Company”) issued a press release announcing the Company’s financial and operating results for the quarter and full year ended December 31, 2025. A copy of the press release, entitled “TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance” is furnished as Exhibit 99.1 hereto and incorporated by reference. The information in this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Item 9.01 Financial Statements and Exhibits (d) Exhibits

Exhibit NumberDescription 99.1Press Release, dated February 12, 2026, entitled “TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance"

104Cover Page Interactive Data File (embedded with the Inline XBRL document)

INDEX TO EXHIBITS

Exhibit NumberDescription 99.1Press Release, dated February 12, 2026, entitled “TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance"

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TriNet Group, Inc. Date:February 12, 2026By:/s/ Sidney Majalya Sidney Majalya Senior Vice President, Chief Legal Officer and Secretary