Barrett (BBSI) Q1 2026 Earnings Call Summary
Barrett (BBSI) reported Q1 2026 earnings with mixed results. Gross billings rose 3.5% to $2.16 billion, and PEO gross billings increased 3.7% to $2.15 billion, driven by strong regional growth. However, staffing revenue declined 21% to $14 million due to client reluctance. The company added 5,300 net new WSEs, and benefits growth and IT product launches were highlighted as positive developments.
Tickers: $BBSI
Topics: client retention expansion financial performance PEO product launch staffing