v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 1,686 $ 1,658 $ 3,581 $ 3,521
Payroll taxes, benefits and workers’ compensation costs 1,469 1,435 3,062 2,988
Gross profit 217 223 519 533
Salaries, wages and payroll taxes 115 129 255 271
Stock-based compensation 13 20 26 31
Commissions 10 10 20 21
Advertising 14 11 25 18
General and administrative expenses 49 49 104 109
Depreciation and amortization 10 11 21 22
Total operating expenses 211 230 451 472
Operating income (loss) 6 (7) 68 61
Other income (expense):        
Interest income 5 7 12 17
Interest expense (6) (6) (12) (12)
Income (loss) before income tax (benefit) expense 5 (6) 68 66
Income tax (benefit) expense 1 (1) 31 20
Net income (loss) $ 4 $ (5) $ 37 $ 46
Basic net income per share of common stock (in dollars per share) $ 0.10 $ (0.14) $ 0.98 $ 1.22
Diluted net income per share of common stock (in dollars per share) $ 0.10 $ (0.14) $ 0.97 $ 1.22