Trinet

Q2 FY2026 EarningsFY26 Q2 results presented a mixed performance: while revenue of $1.18B slightly missed consensus, Adjusted EPS of $1.55 significantly beat the $0.93 expected (+66.2%). Bottom-line outperformance was driven by a robust insurance cost ratio (86%) and effective cost management, leading to a 35% YoY growth in Adjusted Net Income. Consequently, management raised FY26 Adjusted EPS guidance to $4.50–$5.10, signaling confidence in the fall selling season despite an 11% YoY decline in Average Worksite Employees.