BARRETT BUSINESS SERVICES INC(BBSI)Stock Analysis
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Rank #1,632 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BBSI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BARRETT BUSINESS SERVICES INC (BBSI), a Industrials sector company. 13F Pro's AI-powered ranking engine scores BBSI at 46.8/100 on a 32-signal composite quality model, placing it at rank #1,632 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (19.0) and free cash flow (25.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), BARRETT BUSINESS SERVICES INC reports quarterly revenue of $307.0M, net income of $-14.8M, free cash flow of $-27.8M. Top institutional holders of BBSI by reported 13-F value include BlackRock,, Mawer Investment Management Ltd., ROYCE & ASSOCIATES, based on the most recent SEC filings. BBSI trades on the Nasdaq exchange and files with the SEC under CIK 902791. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BBSI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BARRETT BUSINESS SERVICES INC directly from SEC EDGAR. BARRETT BUSINESS SERVICES INC's 13F Pro composite quality score has ranged between 46 and 54 since 2025, currently 46.8 — a declining long-term trajectory across 12 quarterly and live scoring snapshots.
Revenue
Q1 2026
$307.0M
Net Income
Q1 2026
$-14.8M
Free Cash Flow
Q1 2026
$-27.8M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+10.4% YoYNet Income
+24.1% YoYOperating Income
+34.3% YoYEPS (Diluted)
-67.2% YoYTotal Assets
-8.0% YoYTotal Debt
Op. Cash Flow
+279.7% YoY| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $1.05B +10.4% | $955.2M +8.4% | $880.8M -6.5% | $942.3M +0.2% | $940.7M +2.2% | $920.4M |
| Net Income | $47.3M +24.1% | $38.1M +12.8% | $33.8M -30.1% | $48.3M +26.9% | $38.1M +51.2% | $25.2M |
| Operating Income | $59.0M +34.3% | $43.9M +21.5% | $36.1M -28.4% | $50.5M +36.5% | $37.0M +23.5% | $29.9M |
| EPS (Diluted) | $0.41 -67.2% | $1.25 +13.9% | $1.10 -30.0% | $1.57 +25.9% | $1.25 +49.5% | $0.83 |
| Total Assets | $686.9M -8.0% | $747.0M -3.6% | $775.0M -10.0% | $860.9M +13.9% | $756.1M +10.8% | $682.5M |
| Total Debt | — | — | $3.5M -5.9% | $3.7M -5.6% | $4.0M -5.3% | $4.2M |
| Operating Cash Flow | $27.8M +279.7% | $-15.5M +44.6% | $-27.9M -136.2% | $77.1M +10.5% | $69.8M -38.2% | $112.9M |
AI Insight: BBSI Financial Trends
Q1 2026 net loss of $15M is the steepest quarterly loss in the visible history, overwhelming otherwise steady year-over-year revenue growth.
• Revenue grew year-over-year in every comparable quarter: Q1 2026 at $307M vs. Q1 2025 at $293M, up ~5%.
• Equity expanded from $199M in Q2 2024 to $241M in Q4 2025, but collapsed sharply to $206M in Q1 2026.
• Operating income swung to a loss of $6M in Q1 2026, worse than the $4M operating loss in Q1 2025, signaling deteriorating seasonal profitability.
• Operating cash flow turned negative at $22M in Q1 2026, reversing the strong $76M inflow recorded in Q4 2025.
⚠ Net loss of $15M in Q1 2026 vs. $1M loss in Q1 2025 — loss magnitude tripled year-over-year; root cause warrants scrutiny.
⚠ Equity erosion of $35M in a single quarter (Q4 2025 to Q1 2026) is the sharpest drop in the dataset.
⚠ No debt data available; capital structure and leverage remain unquantifiable, limiting downside risk assessment.
AI Insight: BBSI Ratio Trends
Q1 2026 losses deepened sharply versus Q1 2025, with operating margin deteriorating to -2.1% and ROE collapsing to -28.8%, signaling worsening seasonal pressure.
• Q1 seasonal losses are worsening: operating margin fell from -1.4% in Q1 2025 to -2.1% in Q1 2026.
• ROE swung from -1.9% in Q1 2025 to -28.8% in Q1 2026, the sharpest Q1 drawdown in the dataset.
• Mid-year profitability remains solid: Q3 2025 operating margin of 7.8% and ROIC of 41.3% closely mirror Q3 2024 levels.
• TTM ROIC of 29.1% lags the trailing quarterly peaks of 43.6%, reflecting Q1 2026 loss drag on the rolling figure.
⚠ Q1 net margin dropped to -4.8% in Q1 2026 vs. -0.4% in Q1 2025 — monitor whether Q2 2026 recovery matches prior-year pace.
⚠ Q4 2025 ROIC of 30.7% was notably weaker than Q4 2024's 37.2%, suggesting some deterioration beyond pure seasonality.
⚠ D/E data is absent across all periods; leverage visibility is limited and warrants direct balance-sheet review.
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Available Research
13F Pro tracks comprehensive data for BARRETT BUSINESS SERVICES INC including:
Top Institutional Holders of BBSI
BlackRock, Inc.
$55.7M1,908,249 shMawer Investment Management Ltd.
$49.7M1,701,812 shROYCE & ASSOCIATES LP
$40.1M1,372,898 shVANGUARD CAPITAL MANAGEMENT LLC
$31.3M1,072,049 shPrivate Capital Management, LLC
$29.2M999,910 shWELLINGTON MANAGEMENT GROUP LLP
$25.1M860,360 shTrigran Investments, Inc.
$21.0M718,390 shDIMENSIONAL FUND ADVISORS LP
$19.3M661,181 shSTATE STREET CORP
$19.2M658,122 shRENAISSANCE TECHNOLOGIES LLC
$18.7M639,462 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $55.7M | 1,908,249 |
| Mawer Investment Management Ltd. | $49.7M | 1,701,812 |
| ROYCE & ASSOCIATES LP | $40.1M | 1,372,898 |
| VANGUARD CAPITAL MANAGEMENT LLC | $31.3M | 1,072,049 |
| Private Capital Management, LLC | $29.2M | 999,910 |
| WELLINGTON MANAGEMENT GROUP LLP | $25.1M | 860,360 |
| Trigran Investments, Inc. | $21.0M | 718,390 |
| DIMENSIONAL FUND ADVISORS LP | $19.3M | 661,181 |
| STATE STREET CORP | $19.2M | 658,122 |
| RENAISSANCE TECHNOLOGIES LLC | $18.7M | 639,462 |
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Popular Research
Is BBSI a good stock to buy?
13F Pro's AI-powered analysis of BARRETT BUSINESS SERVICES INC (BBSI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BBSI are available on the BBSI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BBSI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BBSI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BARRETT BUSINESS SERVICES INC's investment landscape.