Barrett Business Services Q2 FY26 net income drops to $12.9 million; revenue rises 4% to $319.3 million
Reuters2026/08/05 20:39Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Barrett Business Services posted Q2 net income of USD 12.9 million, or USD 0.52 a share, down from USD 18.5 million, or USD 0.70.
- Revenue rose 4% to USD 319.3 million, while gross billings increased 3% to USD 2.29 billion.
- Gross margin narrowed 0.5 percentage points to 2.8% of gross billings; workers’ compensation costs rose to 2.5% from 2.1%.
- Unrestricted cash and investments fell to USD 67.9 million at June 30 from USD 91.9 million at March 31; the company ended debt-free.
- 2026 outlook calls for gross billings growth of 3%-4% and gross margin of 2.70%-2.75%, citing client hiring softness and firming pricing trends.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrett Business Services Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.
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