Welcome to our dedicated page for Barrett Business Svcs SEC filings (Ticker: BBSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Barrett Business Services, Inc. (BBSI) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as a NASDAQ-listed issuer. BBSI operates as a human resources consulting and business management services company and is one of the largest professional employer organizations (PEOs) in the U.S., serving more than 8,100 PEO clients across all 50 states. Its filings with the U.S. Securities and Exchange Commission offer detailed insight into how this PEO and HR outsourcing model is reflected in its financial statements and risk disclosures.
Through annual reports on Form 10-K and quarterly reports on Form 10-Q, BBSI reports revenues from professional employer services and staffing services, gross billings, worksite employee (WSE) metrics, workers’ compensation expenses, and gross margin as a percentage of gross billings. These filings also describe the company’s integrated platform of payroll processing, employee benefits, workers’ compensation coverage, risk management and workplace safety programs, and human resource administration.
Current reports on Form 8-K document material events such as quarterly earnings releases, dividend declarations, stock repurchase program authorizations, and amendments to BBSI’s revolving credit facility with its principal bank, Wells Fargo Bank, National Association. For example, recent 8-K filings have covered the extension of a $50 million revolving credit line, authorization of a new stock repurchase program, and the declaration of regular quarterly cash dividends.
On this page, Stock Titan surfaces BBSI’s SEC filings in real time as they are posted to EDGAR and enhances them with AI-powered summaries. These summaries are designed to highlight key elements of lengthy documents, such as segment performance, workers’ compensation trends, capital allocation decisions, and updates to credit facilities, helping readers quickly understand the implications of each filing.
Investors researching BBSI 10-Ks, 10-Qs, and 8-Ks can use this page to track the company’s financial condition, risk factors, and corporate actions over time. In addition, insider transaction reports on Form 4, when available, can provide visibility into equity transactions by BBSI directors and officers. Together, these filings form a regulatory record of how BBSI manages its PEO operations, staffing activities, workers’ compensation exposure, and capital structure.
Barrett Business Services Inc. President & CEO Gary Kramer reported equity compensation activity involving company common stock. On February 23, 2026, he acquired 55,206 shares at no cost as a grant or award, tied to performance shares that vested on that date.
On the same day, 21,815 shares of common stock were disposed of at $30.92 per share to cover tax withholding obligations, as indicated by the tax-related footnote. After these transactions, Kramer directly owned 320,431 shares of Barrett Business Services common stock.
Barrett Business Services, Inc. provides business management and HR solutions to small and mid-sized companies using a high-touch, decentralized model built around local teams. It serves more than 8,200 PEO clients with average 2025 worksite employees of 138,218 and also offers staffing services.
The company’s growth strategy focuses on referral-driven expansion and adding teams in existing branches while entering new markets with an asset-light approach. California remains its key market, contributing about 72% of 2025 total revenues, which concentrates both economic and regulatory risk.
BBSI manages substantial workers’ compensation exposure through a mix of fully insured and self-insured programs, retaining up to $3.0 million per occurrence on many claims and using third-party administrators and safety incentives to control losses. It also sponsors comprehensive employee benefit programs and a 401(k) plan to attract and retain talent.
At December 31, 2025, BBSI had 3,197 internal employees and was administrative employer for 138,605 worksite employees. Non-affiliate market value was $1,025,988,565 as of June 30, 2025, with 25,203,090 common shares outstanding as of February 11, 2026. Revenues grew 8.4% in 2025 and 7.0% in 2024, and the company repurchased 610,062 shares for $24.6 million under a $100.0 million authorization.
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) disclosed an insider purchase on a Form 4. A director bought 1,000 shares of common stock on 11/11/2025 at a price of $34.83 per share (transaction code P, open market or private purchase). Following the transaction, the director’s direct beneficial ownership increased to 15,391 shares.
Barrett Business Services (BBSI) reported an insider share purchase. A director bought 1,000 shares of common stock on 11/10/2025 at a price of $34.3875 per share (transaction code P). Following this trade, the director directly owns 15,943 shares. This filing reflects a routine change in insider holdings and does not involve the company issuing new shares.
Barrett Business Services (BBSI) reported Q3 results showing steady growth and solid profitability. Total revenue reached $318,949 thousand, up from $294,278 thousand a year ago, led by professional employer services at $299,685 thousand. Gross margin was $76,765 thousand and income from operations was $24,782 thousand. Net income was $20,619 thousand, or $0.79 diluted EPS.
For the nine months, revenue was $919,172 thousand with net income of $38,052 thousand ($1.45 diluted EPS). Operating cash flow was a use of $10,177 thousand, reflecting working capital seasonality, while investing provided $27,383 thousand and financing used $33,753 thousand, including $24,825 thousand of share repurchases and dividends of $6,162 thousand. Cash and cash equivalents were $47,676 thousand, and total cash, cash equivalents and restricted cash were $66,041 thousand.
On the balance sheet, workers’ compensation claims liabilities declined to $109,184 thousand. Accumulated other comprehensive loss improved to $(12,594) thousand. The company extended its $50.0 million revolving credit line to August 1, 2028 and reduced the unused fee to 0.30%, with no borrowings outstanding. As of October 24, 2025, 25,624,623 common shares were outstanding.
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.
Thrivent Financial for Lutherans reports beneficial ownership of 1,901,425 shares of Barrett Business Services Inc. This represents 7.4% of the company's common stock based on 25,689,563 shares outstanding as of July 25, 2025. The filing shows shared voting and dispositive power over 1,892,060 shares and sole voting/dispositive power over 9,365 shares, which Thrivent disclaims as held in a defined benefit plan trust. The statement is filed on a Schedule 13G/A and includes a certification that the securities are held in the ordinary course of business and not to influence control.
Gerald Blotz, Executive VP & COO of Barrett Business Services, Inc. (BBSI), reported an insider sale. On 09/22/2025 he disposed of 11,664 shares of common stock in multiple trades at prices ranging from $45.79 to $46.35; the form reports a weighted-average price of $46.0811. After the sale he beneficially owned 197,432 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/24/2025. The filer affirms availability of trade-by-trade details upon request.
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.