BBSI · Barrett Business Services Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. BBSI reported Q2 2026 revenue up 4% to $319.3M and gross billings up 3% to $2.29B, but net income fell to $12.9M from $18.5M as workers' comp expense rose, and management updated 2026 guidance to 3-4% gross billings growth, 2-3% WSE growth, and a 2.70%-2.75% gross margin.
- + Q2 revenues rose 4% to $319.3M and gross billings rose 3% to $2.29B year-over-year.
- + New client additions and unit growth in controllable WSEs remained strong and consistent.
- + Workers' comp pricing trends improved throughout Q2 as the market firms up.
- + Returned more than $39M to shareholders YTD via $15.0M of buybacks and $1.9M of dividends, with $40.3M remaining under the repurchase program.
- − Workers' comp expense rose to 2.5% of gross billings from 2.1% as favorable prior-year claim adjustments slowed to $2.0M from $8.8M, compressing gross margin to 2.8% from 3.3%.
- − Staffing revenue declined, with CFO projecting more than double-digit year-over-year decline for the year.
- − 2026 gross margin guidance of 2.70% to 2.75% is below the prior year, and management framed 2026 as the margin low point.
- − A $11.6M one-time tax charge related to disallowance of prior-year wage-based tax credits was recorded in Q1 2026.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average WSEs | 139,712 | Three Months Ended June 30, 2026 filing | — |
| Ending WSEs | 141,561 | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Staffing & Employment Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
BBSI
this stock
Barrett Business Services Inc
|
$741.11M | -15.7% | +9.5% | 22.7 | 4.9% |
|
KFY
Korn Ferry
|
$3.91B | +8.9% | +12.2% | 13.6 | 4.0% |
|
RHI
Robert Half Inc.
|
$3.78B | +33.0% | -7.2% | 32.1 | 19.2% |
|
TNET
Trinet Group, Inc.
|
$2.99B | +7.0% | -0.9% | 17.1 | 3.9% |
|
MAN
ManpowerGroup Inc.
|
$2.67B | +82.2% | +0.6% | 26.0 | 9.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BBSI | -2.0% | -9.8% | +4.7% | +0.8% | -15.7% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -1.8% | -9.4% | -7.4% | -0.1% | -28.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.