Trueblue Inc (TBI) financials
Trueblue revenue and earnings by year
Trueblue's revenue was $1.62 billion in the fiscal year to December 28, 2025, up 3.1% from the year before. Net income was -$48.0 million, -3.0% of revenue. Since the fiscal year to January 1, 2017, revenue has shrunk 5.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.62 | 1.57 | 1.91 | 2.25 | 2.17 | 1.85 | 2.37 | 2.50 | 2.51 | 2.75 |
| Revenue growth | 3.1% | -17.8% | -15.4% | 3.7% | 17.7% | -22.1% | -5.2% | -0.4% | -8.8% | — |
| Gross profit | 0.37 | 0.41 | 0.51 | 0.60 | 0.56 | 0.44 | 0.62 | 0.66 | 0.63 | 0.68 |
| Gross margin | 22.8% | 25.9% | 26.5% | 26.7% | 25.8% | 23.9% | 26.2% | 26.2% | 25.3% | 24.7% |
| Operating income | -0.05 | -0.09 | -0.02 | 0.07 | 0.07 | -0.17 | 0.07 | 0.07 | 0.08 | -0.02 |
| Operating margin | -2.9% | -5.9% | -1.3% | 3.2% | 3.1% | -9.5% | 2.8% | 3.0% | 3.1% | -0.6% |
| Net income | -0.05 | -0.13 | -0.01 | 0.06 | 0.06 | -0.14 | 0.06 | 0.07 | 0.06 | -0.02 |
| Net margin | -3.0% | -8.0% | -0.7% | 2.8% | 2.8% | -7.7% | 2.7% | 2.6% | 2.2% | -0.6% |
| Diluted EPS | -$1.61 | -$4.17 | -$0.45 | $1.86 | $1.74 | -$4.01 | $1.61 | $1.64 | $1.33 | -$0.37 |
| Free cash flow | -0.07 | -0.04 | 0.00 | 0.09 | -0.01 | 0.13 | 0.07 | 0.11 | 0.08 | 0.23 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TBI in Markets.
How Trueblue makes money
Revenue by segment in the quarter to June 28, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| People Ready | $262M | 59.2% |
| People Management | $134M | 30.2% |
| People Solutions | $46.9M | 10.6% |
See also: TBI valuation and P/E history · TBI returns
No forecast, no recommendation. This page describes Trueblue Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.