Every 8-K that Barrett Business Services (BBSI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BBSI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BBSI filings page.
Barrett Business Services, Inc. reported second quarter 2026 revenue of $319.3 million, up 4% year over year, and gross billings of $2.29 billion, up 3%. Net income declined to $12.9 million, or $0.52 per diluted share, from $18.5 million, or $0.70, as workers’ compensation expense rose to 2.5% of gross billings and favorable prior-year claims adjustments were smaller.
For the first six months of 2026 the company posted a GAAP net loss of $1.9 million, driven by an $11.6 million non-recurring tax adjustment, while non-GAAP net income was $9.6 million, or $0.39 per diluted share. BBSI returned capital through $15.0 million of share repurchases and $1.9 million of dividends in the quarter and declared a regular quarterly dividend of $0.08 per share payable September 4, 2026. Updated 2026 guidance calls for gross billings growth of 3% to 4%, average worksite employee growth of 2% to 3%, gross margin of 2.70% to 2.75%, and an effective tax rate of 26% to 27% excluding the tax charge.
Barrett Business Services, Inc. reported the results of its annual stockholder meeting, where investors approved an expanded stock incentive plan and other proposals.
Stockholders increased the maximum shares available under the Second Amended and Restated 2020 Stock Incentive Plan from 2,900,000 to 4,100,000, re-elected nine directors for one-year terms, approved executive compensation on an advisory basis, and ratified Deloitte and Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026.
Barrett Business Services, Inc. reported first quarter 2026 revenue of $307.0 million, up 5% from $292.6 million a year earlier, driven mainly by growth in professional employer services and higher average billings per worksite employee. Gross billings increased 3% to $2.16 billion.
The company recorded a GAAP net loss of $14.8 million, or $(0.59) per diluted share, largely due to an $11.6 million non-recurring, tax‑effected charge tied to a U.S. Tax Court decision on prior‑year tax credits. Excluding this charge, non‑GAAP net loss was $3.2 million, or $(0.13) per diluted share, consistent with seasonal first‑quarter losses. BBSI reaffirmed its 2026 outlook, remained debt free, repurchased $20.1 million of stock, and declared a regular quarterly cash dividend of $0.08 per share payable on June 5, 2026 to stockholders of record on May 22, 2026.
Barrett Business Services, Inc. reported that the United States Tax Court granted the IRS’s motion for partial summary judgment and denied the company’s motion regarding wage-based tax credits, including the Work Opportunity Tax Credit and Empowerment Zone Employment Credit, for tax years 2017 through 2020.
Because of this opinion, the company expects to record approximately $8.6 million of additional tax expense and approximately $3.4 million of related interest in the first quarter of 2026, covering tax years 2017–2022. The company does not plan to record penalties, is evaluating appeal options, and does not expect any effect on current operations or client services.
Barrett Business Services, Inc. reported steady growth for 2025 with continued capital returns to shareholders. Full-year revenues rose 8% to $1.24 billion, with gross billings up 9% to $9.04 billion. Net income increased 3% to $54.4 million, and diluted earnings per share grew 5% to $2.08.
In the fourth quarter, revenues grew 5% to $321.1 million, while net income was $16.4 million versus $16.8 million a year earlier, as gross margin percentage eased to 2.8%. Workers’ compensation expense held at 2.3% of gross billings, supported by favorable prior-year liability and premium adjustments.
The company ended 2025 debt free with $157.2 million in unrestricted cash and investments. It repurchased $17 million of stock in the fourth quarter and returned more than $50 million to shareholders for the year through buybacks and dividends. The board declared a regular quarterly dividend of $0.08 per share, payable March 27, 2026 to stockholders of record on March 13, 2026. For 2026, BBSI expects gross billings growth of 3%–5%, average worksite employee growth of 2%–4%, gross margin of 2.70%–2.85% of gross billings, and an effective tax rate of 26%–27%.
Barrett Business Services (BBSI) filed an 8‑K stating it issued a news release with financial results for the third quarter ended September 30, 2025, and shared management’s expectations for certain 2025 metrics. The release is furnished as Exhibit 99.1.
The company’s board also declared a regular quarterly cash dividend of $0.08 per share, payable on December 5, 2025 to stockholders of record on November 21, 2025. This reflects a routine capital return and indicates ongoing distribution alongside its latest operating update.
Barrett Business Services, Inc. updated its main bank credit facility with Wells Fargo Bank, National Association. The company signed a Second Amendment to its Third Amended and Restated Credit Agreement and a Sixth Amended and Restated Revolving Line of Credit Note. These changes extend the company’s $50.0 million revolving credit line from July 1, 2026 to August 1, 2028, giving it committed access to this financing for two additional years. The amendment also reduces the unused commitment fee on the daily unused portion of the line from 0.35% to 0.30% per annum. All other material terms and conditions of the credit arrangements remain as previously described in the company’s June 30, 2025 Form 10-Q.