BBSI Q2 revenue rises 4% to $319.3 million, but net income falls to $12.9 million
BBSI reported second-quarter 2026 revenue up 4% to $319.3 million, but net income fell to $12.9 million, or $0.52 per diluted share, from $18.5 million, or $0.70, a year earlier. The company updated its 2026 outlook, projecting gross billings growth of 3% to 4% and a gross margin of 2.70% to 2.75% of gross billings, and declared a regular quarterly dividend of $0.08 per share.
Key points
- Revenues rose 4% to $319.3 million; gross billings rose 3% to $2.29 billion.
- Net income was $12.9 million, or $0.52 per diluted share, versus $18.5 million, or $0.70, a year earlier.
- Workers' compensation expense was 2.5% of gross billings, including $2.0 million of favorable prior-year adjustments, versus 2.1% and $8.8 million a year earlier.
- The $0.08 dividend is payable September 4, 2026 to holders of record as of August 21, 2026.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.