How often does Trinet move more than the options market prices?

2 of the last 7 reports moved at least as far as the implied move.

TNETNYSEServices-Business Services, NEC

Trinet Group, Inc. (TNET) earnings date, market-implied expected move, and options open interest by expiry

67.37

+0.60 · +0.90%

Regular session13:31 ET

Open67.17Volume383,982Mkt cap$3.1BP/E17.87EPS3.77Div yield1.71%

Day67.17 – 68.3117%52-wk32.99 – 76.5979%

TNET

Trinet Group, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 11

before open · in 98 days

est.Q4 FY26

Calendar

Next report

Last report

−9.53%

vs ±9.8% implied · ×0.97

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−1.09%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

279 managers

Top fund weight

0.04%

TNET weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Trinet (TNET) is expected to report on Feb 11 before open (estimated date).

Implied vs realized

8 reports

2 of 7≥ implied

avg implied: ±9.9%
avg realized: ±7.7%

Feb 13 '25Feb 13 '25confirmed±9.5%▼−14.81%×1.56

Apr 25 '25Apr 25 '25confirmed±9.6%▼−0.37%×0.04

Jul 25 '25Jul 25 '25confirmed±10.1%▲+4.73%×0.47

Oct 29 '25Oct 29 '25confirmed±10.1%▼−6.60%×0.65

Feb 12 '26Feb 12 '26confirmed±8.4%▼−10.85%×1.30

Q1 FY26Apr 30 '26confirmed±11.4%▲+6.84%×0.60

Q2 FY26Jul 30 '26confirmed—▲+2.05%—

Oct 29 '26Oct 29 '26confirmed±9.8%▼−9.53%×0.97

quarterimplied−15%0+15%realized×

Oct '26±9.8%▼−9.53%×0.97

Q2 FY26—+2.05%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 4 close

0.03OI · 3 expiries · Nov 4 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3+50%Nov 2015d0.00955+78%0.00

175+7%Dec 1843d0.305740%0.30

report · Feb 11 · before open · est.

10%Mar 19134d34+3%

ExpiryPutsCallsP/C

Nov 2015d3+50%955+78%0.00

Dec 1843d175+7%5740%0.30

report · Feb 11 · before open · est.

Mar 19134d10%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

4.50%as filednet margin · revenue −3.92% QoQ · −4.85% YoY

Revenue

$1.2B−3.92% QoQ

Gross profit

$1.1B−3.72% QoQ

94.48% margin

Operating income

$74M−39.84% QoQ

6.28% margin

Pre-tax income

$74M−39.84% QoQ

Net income

$53M−40.45% QoQ

4.50% margin

Cost of revenue

$65M−7.14% QoQ

Operating expenses

$1.0B+0.58% QoQ

Marketing $933M

SG&A $56M

Depreciation $19M

Other operating $31M

Tax

$21M−38.24% QoQ

Revenue$1.2B−3.92%

Gross profit

$1.1B−3.72%

94.48% margin

Operating income

$74M−39.84%

6.28% margin

Pre-tax income

$74M−39.84%

Net income

$53M−40.45%

4.50% margin

Cost of revenue

$65M−7.14%

Operating expenses

$1.0B+0.58%

Marketing $933M

SG&A $56M

Depreciation $19M

Tax$21M−38.24%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 13:30 ET

Intraday

Event sensitivity

NFP ×1.58· ±2.7% vs ±1.7% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.7%6 of 10×1.58

GDPgross domestic product±2.3%11 of 19×1.33

PCEpersonal income & outlays±2.2%12 of 19×1.28

PPIproducer prices±2.0%6 of 10×1.15

FOMCrate decision±1.6%8 of 24×0.92

CPROFcorporate profits±1.4%7 of 12×0.83

CPIconsumer prices±1.3%2 of 10×0.79

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 1.15 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 30 '26 · confirmed	1.15	—
Q1 FY26	Apr 30 '26 · confirmed	1.90	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod