Barrett Business Services, Inc. Earnings Recaps
Q3 2025
Nov 7, 2025
BBSI reported strong Q3 2025 results, highlighted by an 8.6% increase in gross billings driven by record worksite employee additions, despite macroeconomic challenges impacting client hiring.
Key takeaways
- Gross billings rose to $2.32 billion, an 8.6% year-over-year increase.
- Added a record 10,400 worksite employees from new clients, contributing to a 6.1% total growth.
- Staffing revenues declined 10% to $19 million due to client reluctance amid economic uncertainty.
- Strong client retention maintained a high Net Promoter Score in the high 60s for three consecutive years.
- Continued expansion in new markets with grand openings in Chicago and Dallas, and future plans for Nashville in January.