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Barrett Business Services Posts Q1 Loss, Reaffirms 2026 Outlook
Barrett Business Services (BBSI) reported a net loss of $14.8 million, or $0.59 per diluted share, in Q1 2026, primarily due to an $11.6 million one-time tax-related charge. Despite this, the company saw revenues increase by 5% and gross billings by 3%, maintained stable margins, returned over $22 million to shareholders, and reaffirmed its 2026 outlook. Analysts currently rate BBSI as a “Buy” with a $42.00 price target, while TipRanks’ AI Analyst, Spark, rates it as “Neutral” due to strong financials balanced against weak technical signals and near-term business uncertainty.