---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-021243"
form_type: "8-K"
ticker: "BBSI"
cik: "0000902791"
company_name: "BARRETT BUSINESS SERVICES INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:27:37.691832+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BBSI reports Q3 net income $17.4M ($2.45 EPS), revenue up 11%; raises full-year outlook

## Summary
- Net income $17.4M ($2.45 diluted EPS) vs $14.9M ($1.96) in Q3 2021; revenue $273.8M (+11% YoY).
- Gross billings rose 13% to $1.91B; average worksite employees up 8%.
- Company raises full-year 2022 outlook citing positive sales trends and client hiring resilience.
- Quarterly dividend of $0.30 per share declared, payable Dec 2, 2022 to holders of record Nov 18, 2022.
- CEO Gary Kramer notes successful launch of new health benefits offering in select markets for January 2023.

## SEC filing metadata
- accession: 0000950170-22-021243
- form_type: 8-K
- ticker: BBSI
- cik: 0000902791
- company_name: BARRETT BUSINESS SERVICES INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/902791/000095017022021243/0000950170-22-021243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/902791/000095017022021243/bbsi-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-021243
- JSON: https://secwatch.observer/filing/0000950170-22-021243.json
- Plain text: https://secwatch.observer/filing/0000950170-22-021243.txt

## Key facts
- Earnings Releases
  BARRETT BUSINESS SERVICES INC reported third quarter ended September 30, 2022 results: revenue $273.8 million, net income $17.4 million, EPS $2.45 per diluted share. Guidance raised.
  - Period: third quarter ended September 30, 2022
  - Revenue: $273.8 million
  - Net income: $17.4 million
  - EPS: $2.45 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Third Quarter 2022 Financial Summary vs. Year-Ago Quarter • Revenues up 11% to $273.8 million. • Gross billings up 13% to $1.91 billion. • Average worksite employees (“WSEs”) up 8%. • Net income up to $17.4 million, or $2.45 per diluted share, compared to $14.9 million, or $1.96 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/902791/000095017022021243/0000950170-22-021243-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.