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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›TBI›Financials
Annual statements · SEC XBRL · FY2015 – FY2025

TrueBlue, Inc. (TBI) financials

Income statement

TrueBlue, Inc. (TBI) income statement, annual, from SEC filings
Fiscal yearFY2015FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$2.51B$2.50B$2.37B$1.85B$2.17B$2.25B$1.91B$1.57B$1.62B
Revenue growth——-0.4%-5.2%-22.1%17.7%3.7%-15.4%-17.8%3.1%
Gross profit$636M$634M$655M$620M$441M$560M$602M$506M$406M$368M
Gross margin—25.3%26.2%26.2%23.9%25.8%26.7%26.5%25.9%22.8%
Operating income$97.8M$77.6M$73.9M$66.2M-$175M$68.4M$72.2M-$23.9M-$92.8M-$46.6M
Operating margin—3.1%3.0%2.8%-9.5%3.1%3.2%-1.3%-5.9%-2.9%
Net income$71.2M$55.5M$65.8M$63.1M-$142M$61.6M$62.3M-$14.2M-$126M-$48.0M
Net margin—2.2%2.6%2.7%-7.7%2.8%2.8%-0.7%-8.0%-3.0%
EPS (diluted)$1.71$1.34$1.63$1.61-$4.01$1.74$1.86-$0.45-$4.17-$1.61

Cash flow

TrueBlue, Inc. (TBI) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$72.1M$100M$126M$93.5M$153M$20.4M$121M$34.8M-$17.1M-$58.0M
Capital expenditures$18.4M$22.0M$17.1M$28.1M$27.1M$35.0M$30.6M$31.3M$24.2M$15.7M
Free cash flow$53.7M$78.2M$109M$65.4M$125M-$14.6M$89.9M$3.48M-$41.2M-$73.7M
Share buybacks$0.00$36.7M$34.8M$38.8M$52.3M$16.7M$60.9M$34.2M$21.3M$0.00

Balance sheet

TrueBlue, Inc. (TBI) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$29.8M$28.8M$47.0M$37.6M$62.5M$49.9M$72.1M$61.9M$22.5M$24.5M
Total assets$1.26B$1.11B$1.11B$1.14B$981M$1.03B$1.02B$899M$675M$639M
Total liabilities$724M$554M$523M$510M$543M$540M$523M$442M$360M$364M
Long-term debt$243M$116M$80.0M$37.1M$0.00——$0.00$7.60M$65.8M
Shareholders' equity$536M$555M$591M$626M$437M$493M$496M$458M$315M$275M
Retained earnings$550M$562M$606M$639M$452M$509M$516M$479M$338M$296M
Shares (wtd avg diluted)41.6M41.4M40.3M39.2M35.4M35.4M33.4M31.3M30.2M29.8M

Every figure is extracted from TrueBlue, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is TrueBlue, Inc.'s annual revenue?
TrueBlue, Inc. (TBI) reported $1.62B of revenue for fiscal year 2025 — up 3.1% from $1.57B in FY2024, per its annual report filed with the SEC.
Is TrueBlue, Inc. profitable?
Not in FY2025 — TBI reported a net loss of $48.0M, per SEC filings.
What is TrueBlue, Inc.'s free cash flow?
-$73.7M in FY2025 (operating cash flow -$58.0M minus $15.7M of capital expenditures), from the SEC cash-flow statement.
Does TBI pay a dividend?
TrueBlue, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TBI analysis — verdict, score & filings →Is TBI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.