Company research
TrueBlue, Inc.
CIK 768899Updated Sep 26, 2026
SecurityTBI · NYSE · equity
Name history
LABOR READY INC · through Dec 12, 2007
TBI price & chart
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NYSE:TBI on TradingView ↗About the company
TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions. As The People Company®, we put people first - advancing our mission to connect people and work while delivering smart, scalable solutions that help businesses grow and communities thrive. Since our founding, TrueBlue has connected more than 10 million people with work and served over 3 million clients across a variety of industries. Powered by proprietary, digitally enabled platforms and decades of expertise, our brands - PeopleReady, PeopleScout, Staff Management | SMX, Centerline, SIMOS, and Healthcare Staffing Professionals - provide a full spectrum of flexible staffing, workforce management, and recruitment solutions that bring precision, speed, and scale to the changing world of work. Learn more at trueblue.com.
In the news
TrueBlue's PeopleScout Expands Amplifiers™ Suite with Strategic Talent Consulting Solutions to Help Organizations Transform their Talent Acquisition Strategy News provided by TrueBlue, Inc. Mar 11, 2025, 07:00 ET Share this article Share to X Share this article Share to X New technology diagnostic a ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 638,667,000Source | 675,376,000Source | 899,383,000Source | 1,019,408,000Source |
| Property, Plant and Equipment, NetUSD | 73,117,000Source | 89,602,000Source | 104,906,000Source | 95,823,000Source |
| GoodwillUSD | 42,496,000Source | 24,543,000Source | 84,114,000Source | 93,784,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 18,095,000Source | 5,863,000Source | 10,525,000Source | 16,205,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 24,510,000Source | 22,536,000Source | 61,885,000Source | 72,054,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 241,233,000Source | 214,704,000Source | 252,538,000Source | 314,275,000Source |
| Assets, CurrentUSD | 297,609,000Source | 277,093,000Source | 354,993,000Source | 430,212,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 30,987,000Source | 31,786,000Source | 28,894,000Source | 32,530,000Source |
| Operating Lease, Right-of-Use AssetUSD | 34,045,000Source | 47,334,000Source | 49,819,000Source | 50,823,000Source |
| Other Assets, NoncurrentUSD | 9,720,000Source | 11,796,000Source | 12,735,000Source | 17,800,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 364,110,000Source | 360,017,000Source | 441,510,000Source | 523,093,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 296,203,000Source | 337,551,000Source | 478,584,000Source | 516,332,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -21,647,000Source | -22,193,000Source | -20,712,000Source | -20,018,000Source |
| Stockholders' Equity Attributable to ParentUSD | 274,557,000Source | 315,359,000Source | 457,873,000Source | 496,315,000Source |
| Liabilities and EquityUSD | 638,667,000Source | 675,376,000Source | 899,383,000Source | 1,019,408,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 138,533,000Source | 160,125,000Source | 204,099,000Source | 242,875,000Source |
| Operating Lease, Liability, CurrentUSD | 11,206,000Source | 11,127,000Source | 11,902,000Source | 11,963,000Source |
| Operating Lease, Liability, NoncurrentUSD | 46,796,000Source | 47,805,000Source | 49,434,000Source | 50,601,000Source |
| Other Liabilities, NoncurrentUSD | 899,000Source | 1,315,000Source | 1,123,000Source | 2,399,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Excluding Current MaturitiesUSD | 65,800,000Source | 7,600,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 28,852,000Source | 29,561,000Source | 25,821,000Source | 29,273,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,256,000Source | 7,591,000Source | 13,907,000Source | 9,687,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 15,463,000Source | -35,731,000Source | -56,761,000Source | -34,765,000Source |
| Deferred Income Tax Expense (Benefit)USD | -552,000Source | 34,060,000Source | -9,902,000Source | 3,933,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -58,042,000Source | -17,058,000Source | 34,754,000Source | 120,503,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -16,062,000Source | -2,453,000Source | -32,322,000Source | -20,945,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | 0Source | 0Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 15,678,000Source | 24,151,000Source | 31,276,000Source | 30,626,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,097,000Source | 2,325,000Source | 4,161,000Source | 4,480,000Source |
| Payments for Repurchase of Common StockUSD | 0Source | 21,293,000Source | 34,178,000Source | 60,939,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 57,143,000Source | -17,087,000Source | -37,583,000Source | -64,692,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -414,000Source | -1,807,000Source | -100,000Source | -253,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -17,080,000Source | -38,206,000Source | -36,325,000Source | 32,446,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 44,020,000Source | 61,100,000Source | 99,306,000Source | 135,631,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,622,000Source | 1,044,000Source | 1,031,000Source | 1,123,000Source |
| Income Taxes Paid, NetUSD | -4,847,000Source | 211,000Source | 5,171,000Source | 9,980,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -119,000Source | -1,608,000Source | -874,000Source | -2,420,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 7,300,000Source | 7,600,000Source | 13,900,000Source | 9,700,000Source |
| Amortization of Intangible AssetsUSD | 2,600,000Source | 4,100,000Source | 5,200,000Source | 5,700,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | 4,117,000Source | 2,985,000Source |
| Depreciation, NonproductionUSD | 26,300,000Source | 25,500,000Source | 20,600,000Source | 23,500,000Source |
| GoodwillUSD | 42,496,000Source | 24,543,000Source | 84,114,000Source | 93,784,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 200,000Source | 59,674,000Source | 9,485,000Source | 0Source |
| Goodwill, Impairment LossUSD | — | 59,074,000Source | 8,885,000Source | — |
| Income Tax Expense (Benefit)USD | 2,329,000Source | 37,224,000Source | -6,472,000Source | 11,143,000Source |
| Net Income (Loss) Attributable to ParentUSD | -47,960,000Source | -125,748,000Source | -14,173,000Source | 62,273,000Source |
| Operating Lease, Impairment LossUSD | — | 500,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,615,997,000Source | 1,567,393,000Source | 1,906,243,000Source | 2,254,184,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 4,931,000Source | 4,940,000Source | 4,383,000Source | -5,841,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of RevenueUSD | 1,248,155,000Source | 1,161,000,000Source | 1,400,184,000Source | 1,652,040,000Source |
| Selling, General and Administrative ExpenseUSD | 371,087,000Source | 410,870,000Source | 494,603,000Source | 500,686,000Source |
| Operating Income (Loss)USD | -46,634,000Source | -92,775,000Source | -23,850,000Source | 72,185,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -45,631,000Source | -88,524,000Source | -20,645,000Source | 73,416,000Source |
| Income Tax Expense (Benefit)USD | 2,329,000Source | 37,224,000Source | -6,472,000Source | 11,143,000Source |
| Net Income (Loss) Attributable to ParentUSD | -47,960,000Source | -125,748,000Source | -14,173,000Source | 62,273,000Source |
| Earnings Per Share, BasicUSD per share | -1.61Source | -4.17Source | -0.45Source | 1.89Source |
| Earnings Per Share, DilutedUSD per share | -1.61Source | -4.17Source | -0.45Source | 1.86Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 29,849,000Source | 30,177,000Source | 31,317,000Source | 32,889,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 29,849,000Source | 30,177,000Source | 31,317,000Source | 33,447,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,600,000Source | 4,100,000Source | 5,200,000Source | 5,700,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | 4,117,000Source | 2,985,000Source |
| Current Income Tax Expense (Benefit)USD | 2,978,000Source | 3,162,000Source | 3,728,000Source | 7,392,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 24,823,000Source | 28,624,000Source | 25,821,000Source | 29,273,000Source |
| Goodwill, Impairment LossUSD | — | 59,074,000Source | 8,885,000Source | — |
| Gross ProfitUSD | 367,842,000Source | 406,393,000Source | 506,059,000Source | 602,144,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -51,101,000Source | -97,733,000Source | -27,773,000Source | 56,964,000Source |
| Interest and Other IncomeUSD | 1,003,000Source | 4,251,000Source | 3,205,000Source | 1,231,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,615,997,000Source | 1,567,393,000Source | 1,906,243,000Source | 2,254,184,000Source |
Filing attachments
ex4-2.htm · 8-K · 2026-05-06
EX-4.2 2 ex4-2.htm FIRST AMENDMENT TO RIGHTS AGREEMENT TrueBlue, Inc. 8-K Exhibit 4.2 FIRST AMENDMENT TO RIGHTS AGREEMENT THIS FIRST AMENDMENT TO RIGHTS AGREEMENT, dated as of May 6, 2026 (this “Amendment”), is made by and between TrueBlue, Inc. (f/k/a Labor Ready, Inc.), a Washington corporation (the “Company”), and Computershare Trust Company, N.A., as rights agent (the “Rights Agent”). WHEREAS, the Company and the Rights Agent entered into that certain Rights Agreement, dated as of Ma…
Read attachment ↗ex99-1.htm · 8-K · 2026-04-13
EX-99.1 3 ex99-1.htm TRUEBLUE, INC. PRESS RELEASE DATED APRIL 13, 2026 TrueBlue Inc. 8-K Exhibit 99.1 TrueBlue to Appoint New Independent Director Enters into Cooperation Agreement with EHS Investments TACOMA, Wash., April 13, 2026 -- TrueBlue, Inc. (NYSE: TBI) (“TrueBlue” or the “Company”), a leading provider of specialized workforce solutions, today announced that its Board of Directors (the “Board”) will appoint a new independent director to the Board by no later than September 30, 20…
Read attachment ↗ef20062598_ex99-1.htm · 8-K · 2026-01-09
EX-99.1 2 ef20062598_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE TrueBlue Highlights Recent Board Refreshment and Strategic Initiatives Underway to Achieve Long-Term Profitable Growth Responds to Director Nominations from EHS Management No Shareholder Action Required at This Time TACOMA, Wash. January 8, 2025 - TrueBlue, Inc. (NYSE: TBI) (“TrueBlue” or the “Company”) today issued the following statement in response to the comments made by, and nominations from, EHS Manage…
Read attachment ↗ef20049038_ex99-1.htm · 8-K · 2025-05-14
EX-99.1 2 ef20049038_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 TrueBlue Adopts Limited Duration Shareholder Rights Agreement TACOMA, Wash. - May 13, 2025 - TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that its Board of Directors (the “Board”) has unanimously resolved to adopt a limited duration shareholder rights agreement (the “Rights Agreement”) to protect shareholder interests. The Rights Agreement is in response to the unsolicited proposal fr…
Read attachment ↗