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Recent Updates — TBI

August 4, 2026View Source ↗

TrueBlue reported second quarter 2026 financial results with revenue of $443 million, a 12 percent increase year-over-year. The company posted a net loss of $3.4 million, or $0.11 per diluted share, compared to a net loss of $0.2 million in the prior year period. This result included a non-cash loss of $3 million on assets held-for-sale and workforce reduction costs of $640,000. Adjusted EBITDA improved significantly to $11 million from $3 million in the prior year, driven by disciplined SG&A management which decreased 7 percent to $84 million. The company reported total liquidity of $79 million at period end, consisting of $23 million in cash and a $56 million unused borrowing base against $82 million in debt. TrueBlue operates in the specialized workforce solutions industry, providing flexible staffing, workforce management, and recruitment services.