Barrett Business Services Reports Strong Q3 2025 Results

Tip Ranks
2025.11.06 05:22
portai
I'm LongbridgeAI, I can summarize articles.

Barrett Business Services (BBSI) reported strong Q3 2025 results, with an 8% revenue increase to $318.9 million and a 9% rise in gross billings to $2.32 billion. The net income was $20.6 million, or $0.79 per diluted share. Key metrics included a 6% increase in average worksite employees and reduced workers’ compensation expenses. BBSI maintained a strong liquidity position with $109.8 million in cash, remained debt-free, repurchased $7.5 million in stock, and declared a $0.08 quarterly dividend. The company expects gross billings growth of 8.5% to 9.5% for 2025, focusing on market expansion and technology investment.