TriNet Group, Inc. (TNET) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the TRINET fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please tell a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you can press star then one on your telephone keypad. To try your question, please press star then two. Please note, this event is being recorded. And now let's turn to the conference over to Alex Bauer, head of investor relations. Please go ahead. Thank you, operator. Good morning. My name is Alex Bauer, Trinet's head of investor relations. Thank you for joining us and welcome to Trinet's fourth quarter conference call and webcast. I'm joined today by our president and CEO, Mike Simons, and our CFO, Mala Murthy. Before we begin, I would like to preview this morning's call. First, I will pass the call to Mike for his comments regarding our fourth quarter and full-year performance. Mala will then review our Q4 and full-year financial performance in greater detail and conclude with our 2026 financial guidance and outlook. Please note that today's discussion will include our 2026 full-year financial outlook, our midterm outlook, and other statements that are not historical in nature, are predictive in nature, or depend upon or refer to future events or conditions such as our expectations, estimates, predictions, strategies, beliefs, or other statements that might be considered forward-looking. These forward-looking statements are based on management's current expectations and assumptions and are inherently subject to risks, uncertainties, and changes in circumstances that are difficult to predict and that may cause actual results to differ material...