Barrett Business Services Declares $0.08 Quarterly Dividend
Barrett Business Services Inc., a provider of business management solutions, declared a regular quarterly cash dividend of $0.08 per share. The dividend is payable March 27 to stockholders of record as of March 13.
Barrett Business Services Inc. (NASDAQ: BBSI), a provider of business management solutions, declared a regular quarterly cash dividend of $0.08 per share, the company announced Tuesday. The dividend is payable March 27, 2026 to stockholders of record as of March 13, 2026. Read more dividend announcements.
The Vancouver, Washington-based company confirmed the dividend following its fourth quarter and full year 2025 earnings release. The payment continues the company's regular quarterly dividend program.
| Dividend Details | |
|---|---|
| Amount | $0.08 per share |
| Record Date | March 13, 2026 |
| Payment Date | March 27, 2026 |
| Frequency | Quarterly |
Capital Returns Total $50 Million in 2025
Barrett Business Services returned more than $50 million to shareholders in 2025 through a combination of stock repurchases and dividends. The company repurchased $17 million of stock in the fourth quarter, comprising 450,492 shares at an average price of $37.80.
The company paid $2.0 million in dividends during the fourth quarter. Approximately $75 million remained available under the company's $100 million stock repurchase program as of December 31, 2025.
Fourth Quarter Financial Performance
Barrett Business Services reported fourth quarter revenues of $321.1 million, up 5% from the year-ago quarter. Net income came in at $16.4 million, or $0.64 per diluted share, compared to $16.8 million in the prior year period.
Gross billings increased 6% to $2.40 billion in the quarter, driven by growth in professional employer organization services. Average worksite employees rose 5% year-over-year.
For the full year 2025, the company reported net income of $54.4 million, or $2.08 per diluted share, up 3% from $53.0 million, or $1.98 per diluted share, in 2024. Total gross billings increased 9% to $9.04 billion.
Unrestricted cash and investments stood at $157.2 million as of December 31, 2025, up from $121.9 million a year earlier. The company remained debt free at year end.
2026 Outlook
Barrett Business Services expects gross billings growth of 3% to 5% in 2026, with average worksite employee growth of 2% to 4%. The company projects gross margin as a percentage of gross billings between 2.70% and 2.85%, with an effective annual tax rate of 26% to 27%.