TBI · Trueblue, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $319.55M | - | $333.37M | $302.74M | $283.91M | - | $282.32M | $291.81M | $303.47M | - |
| Gross Profit | $79.02M | - | $97.89M | $93.56M | $86.34M | - | $100.04M | $104.42M | $99.39M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $87.30M | - | $91.73M | $89.80M | $94.62M | - | $99.97M | $97.02M | $106.94M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.87M | - | $7.34M | $7.50M | $7.96M | - | $6.97M | $7.69M | $7.96M | - |
| Operating Income | ($17.85M) | - | ($146.0K) | ($2.94M) | ($14.12M) | - | ($6.90M) | ($59.96M) | ($15.51M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $576.0K | - | $711.0K | $122.0K | $418.0K | - | $1.25M | $46.49M | ($12.21M) | - |
| Net Income | ($19.80M) | - | ($1.92M) | ($160.0K) | ($14.35M) | - | ($7.63M) | ($104.71M) | ($1.70M) | - |
| EPS - Basic | ($0.66) | - | ($0.06) | ($0.01) | ($0.48) | - | ($0.26) | ($3.45) | ($0.05) | - |
| EPS - Diluted | ($0.66) | - | ($0.06) | ($0.01) | ($0.48) | - | ($0.26) | ($3.45) | ($0.05) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.13M | $24.51M | $19.89M | $21.90M | $23.06M | $22.54M | $14.51M | $26.40M | $36.18M | $61.88M |
| Accounts Receivable | $246.34M | $241.23M | $251.87M | $225.74M | $219.06M | $214.70M | $225.38M | $231.06M | $244.18M | $252.54M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $301.30M | $297.61M | $313.24M | $286.85M | $281.05M | $277.09M | $285.30M | $300.64M | $315.40M | $354.99M |
| Total Assets | $620.67M | $638.67M | $690.53M | $672.78M | $692.47M | $675.38M | $702.38M | $723.69M | $868.59M | $899.38M |
| Current Liabilities | $143.87M | $138.53M | $155.70M | $148.06M | $156.32M | $160.13M | $154.58M | $157.99M | $183.96M | $204.10M |
| Long-term Debt | $73.90M | $65.80M | $68.20M | $53.80M | $57.80M | $7.60M | - | - | - | $0 |
| Total Liabilities | $364.59M | $364.11M | $386.19M | $367.59M | $390.25M | $360.02M | $375.22M | $385.93M | $422.22M | $441.51M |
| Stockholders' Equity | $256.08M | $274.56M | $304.34M | $305.19M | $302.22M | $315.36M | $327.15M | $337.76M | $446.36M | $457.87M |
| Retained Earnings | $277.77M | $296.20M | $326.14M | $326.78M | $324.44M | $337.55M | $347.26M | $358.31M | $467.13M | $478.58M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($9.78M) | - | - | - | ($22.11M) | - | - | - | ($14.24M) | - |
| Investing Cash Flow | $3.22M | - | - | - | ($23.97M) | - | - | - | $919.0K | - |
| Financing Cash Flow | $7.17M | - | - | - | $49.37M | - | - | - | ($13.66M) | - |
| CapEx | $2.83M | - | - | - | $4.68M | - | - | - | $7.38M | - |
| Free Cash Flow | ($12.61M) | - | - | - | ($26.80M) | - | - | - | ($21.61M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.64 | - | - | - | 1.87 | - | - | - | 12.73 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -3.2% | - | -0.3% | -0.0% | -2.1% | - | -1.1% | -14.5% | -0.2% | - |
| Return on equity | -7.7% | - | -0.6% | -0.1% | -4.7% | - | -2.3% | -31.0% | -0.4% | - |
| Return on invested capital | -4.3% | - | -0.0% | -0.6% | -3.1% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.09 | 2.15 | 2.01 | 1.94 | 1.80 | 1.73 | 1.85 | 1.90 | 1.71 | 1.74 |
| Quick ratio | 2.09 | 2.15 | 2.01 | 1.94 | 1.80 | 1.73 | 1.85 | 1.90 | 1.71 | 1.74 |
| Cash ratio | 0.17 | 0.18 | 0.13 | 0.15 | 0.15 | 0.14 | 0.09 | 0.17 | 0.20 | 0.30 |
| Leverage | ||||||||||
| Debt / Equity | 0.29 | 0.24 | 0.22 | 0.18 | 0.19 | 0.02 | - | - | - | 0.00 |
| Debt / Assets | 0.12 | 0.10 | 0.10 | 0.08 | 0.08 | 0.01 | - | - | - | 0.00 |
| Debt / EBITDA | - | - | 9.47 | 11.80 | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.42 | 2.33 | 2.27 | 2.20 | 2.29 | 2.14 | 2.15 | 2.14 | 1.95 | 1.96 |
| Liabilities / Assets | 0.59 | 0.57 | 0.56 | 0.55 | 0.56 | 0.53 | 0.53 | 0.53 | 0.49 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.4x | - | 0.6x | 0.7x | 0.5x | - | 0.7x | 0.9x | 0.9x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | 32.6x | 50.6x | - | - | 3310.0x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -8.5% | - | -2.1% | -10.4% | -13.1% | - | -19.4% | -20.0% | -19.3% | - |
| Operating income growth (YoY) | -26.4% | - | 97.9% | 95.1% | 8.9% | - | -153.2% | -814.6% | -161.0% | - |
| Net income growth (YoY) | -38.0% | - | 74.9% | 99.8% | -745.0% | - | -76250.0% | -1329.9% | 60.4% | - |
| EPS growth (YoY) | -37.5% | - | 76.9% | 99.7% | -860.0% | - | - | -1337.5% | 61.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 52.9% | - | - | - | -24.0% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -15.3% | -12.9% | -7.0% | -9.6% | -32.3% | -31.1% | -28.4% | -25.6% | -4.5% | -7.7% |
Peer comparison
Same SIC group: Services-Help Supply Services
Comparing TrueBlue against the 5 most active filers in the same SIC group.