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Insperity vs TrueBlue: revenue, profit, margins and growth compared

Insperity brought in $6.8B of revenue in fiscal 2025, TrueBlue $1.6B in fiscal 2025. Revenue changed by +3.5% at Insperity and +3.1% at TrueBlue on the year before, so Insperity grew faster. Insperity kept -0.1% of its revenue as net profit, TrueBlue -3.0%. Free cash flow was -$309M at Insperity and -$73.7M at TrueBlue.

Side by side, latest fiscal year

NSPTBI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 28, 2025)
Revenue$6.8B$1.6B
Revenue growth+3.5%+3.1%
Net income-$7M-$48M
Net margin-0.1%-3.0%
Free cash flow-$309M-$73.7M
Free cash flow margin-4.5%-4.6%
Earnings per share (diluted)-$0.19-$1.61
Cash$642M$24.5M
Debt$369M$65.8M
Price to earningsn/an/a
Market value$1.8B$287.4M
Dividend yieldn/an/a
Rank by revenue in sector#160 of 778 · Consumer discretionary#390 of 778 · Consumer discretionary

Over the years

Revenue
NSP FY2018: $3.8BNSP FY2019: $4.3BNSP FY2020: $4.3BNSP FY2021: $5BNSP FY2022: $5.9BNSP FY2023: $6.5BNSP FY2024: $6.6BNSP FY2025: $6.8BTBI FY2018: $2.5BTBI FY2019: $2.4BTBI FY2020: $1.8BTBI FY2021: $2.2BTBI FY2022: $2.3BTBI FY2023: $1.9BTBI FY2024: $1.6BTBI FY2025: $1.6BFY18FY19FY20FY21FY22FY23FY24FY25
NSP $6.8BTBI $1.6B
Net income
NSP FY2018: $135.4MNSP FY2019: $151.1MNSP FY2020: $138.2MNSP FY2021: $124.1MNSP FY2022: $179MNSP FY2023: $171MNSP FY2024: $91MNSP FY2025: -$7MTBI FY2018: $65.8MTBI FY2019: $63.1MTBI FY2020: -$141.8MTBI FY2021: $61.6MTBI FY2022: $62.3MTBI FY2023: -$14.2MTBI FY2024: -$125.7MTBI FY2025: -$48MFY18FY19FY20FY21FY22FY23FY24FY25
NSP -$7MTBI -$48M
Net margin
NSP FY2018: 3.5%NSP FY2019: 3.5%NSP FY2020: 3.2%NSP FY2021: 2.5%NSP FY2022: 3.0%NSP FY2023: 2.6%NSP FY2024: 1.4%NSP FY2025: -0.1%TBI FY2018: 2.6%TBI FY2019: 2.7%TBI FY2020: -7.7%TBI FY2021: 2.8%TBI FY2022: 2.8%TBI FY2023: -0.7%TBI FY2024: -8.0%TBI FY2025: -3.0%FY18FY19FY20FY21FY22FY23FY24FY25
NSP -0.1%TBI -3.0%
Revenue growth
NSP FY2019: +12.7%NSP FY2020: -0.6%NSP FY2021: +16.0%NSP FY2022: +19.4%NSP FY2023: +9.2%NSP FY2024: +1.5%NSP FY2025: +3.5%TBI FY2019: -5.2%TBI FY2020: -22.1%TBI FY2021: +17.7%TBI FY2022: +3.7%TBI FY2023: -15.4%TBI FY2024: -17.8%TBI FY2025: +3.1%FY19FY20FY21FY22FY23FY24FY25
NSP +3.5%TBI +3.1%
Free cash flow
NSP FY2018: $149.2MNSP FY2019: $148.8MNSP FY2020: $248.2MNSP FY2021: $227.3MNSP FY2022: $317MNSP FY2023: $158MNSP FY2024: $482MNSP FY2025: -$309MTBI FY2018: $108.6MTBI FY2019: $65.4MTBI FY2020: $125.5MTBI FY2021: -$14.6MTBI FY2022: $89.9MTBI FY2023: $3.5MTBI FY2024: -$41.2MTBI FY2025: -$73.7MFY18FY19FY20FY21FY22FY23FY24FY25
NSP -$309MTBI -$73.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Insperity and TrueBlue

Which is bigger by revenue, Insperity or TrueBlue?

Insperity is bigger by revenue: $6.8B in fiscal 2025, against $1.6B for TrueBlue in fiscal 2025.

Which keeps more of its revenue as profit, Insperity or TrueBlue?

Insperity had a net margin of -0.1% in fiscal 2025; TrueBlue had -3.0% in fiscal 2025.

Which grew revenue faster, Insperity or TrueBlue?

In their latest fiscal years revenue changed by +3.5% at Insperity and +3.1% at TrueBlue.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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