TriNet Group reported second-quarter 2026 results marked by a 36% year-over-year improvement in overall customer attrition and a return of its insurance cost ratio to the targeted range. Total revenues declined 5% to $1.2 billion, driven by a 12% drop in total worksite employees to approximately 300,000, while adjusted EBITDA reached $128 million with a margin of 10.9%. The company raised its full-year 2026 adjusted EBITDA margin guidance to 8.5% to 9% and adjusted EPS guidance to $4.50 to $5.10, citing improved earnings performance and early success from its AI-powered TriNet Assistant, which now handles 50% of customer chat sessions. Sales momentum improved sequentially through the quarter, supported by a 7% increase in senior sales reps and a 54% jump in broker-driven RFPs, though sales were flat year-over-year. Free cash flow grew 18% to $67 million, and the company returned $31 million to shareholders through buybacks and dividends.
TriNet Group IncRaised full-year adjusted EBITDA margin and EPS guidance, improved ICR, and strong free cash flow.