巴瑞特商业服务 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934March 31, 2026 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the Transition Period FromtoCommission File Number 0-21886 BARRETT BUSINESS SERVICES, INC. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. ☒Accelerated filer☐Smaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒As of April 22, 2026, 24,559,649 shares of the registrant’s common stock ($0.01 par value) were outstanding. BARRETT BUSINESS SERVICES, INC.INDEX TO FORM 10-Q Part I - Financial Information (Unaudited) Item 1.Unaudited Interim Condensed Consolidated Financial Statements3Condensed Consolidated Balance Sheets - March 31, 2026 and December 31, 20253Condensed Consolidated Statements of Operations - Three Months Ended March 31, 2026 and20254Condensed Consolidated Statements of Comprehensive (Loss) Income - Three Months EndedMarch 31, 2026 and 20255Condensed Consolidated Statements of Stockholders’ Equity - Three Months Ended March 31,20266Condensed Consolidated Statements of Stockholders’ Equity - Three Months Ended March 31,20257Condensed Consolidated Statements of Cash Flows - Three Months Ended March 31, 2026 and20258Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk27Item 4.Controls and Procedures27Part II - Other InformationItem 1.Legal Proceedings28Item 1A.Risk Factors28Item 2.Unregistered Sales of Equity Securities and Use of Proceeds28Item 5.Other Information28Item 6.Exhibits29Signatures29 Barrett Business Services, Inc.Condensed Consolidated Balance Sheets(Unaudited)(In Thousands, Except Par Value) Barrett Business Services, Inc.Condensed Consolidated Statements of Operations(Unaudited)(In Thousands, Except Per Share Amounts) The accompanying notes are an integral part of these condensed consolidated financial statements. Barrett Business Services, Inc.Condensed Consolidated Statements of Stockholders’ EquityThree Months Ended March 31, 2026(Unaudited)(In Thousands) Barrett Business Services, Inc.Condensed Consolidated Statements of Stockholders’ EquityThree Months Ended March 31, 2025(Unaudited)(In Thousands) Barrett Business Services, Inc.Condensed Consolidated Statements of Cash Flows(Unaudited)(In Thousands) Barrett Business Services, Inc.Notes to Condensed Consolidated Financial Statements(Unaudited) Note 1 - Basis of Presentation of Interim Period Statements The accompanying condensed consolidated financial statements are unaudited and have been prepared by BarrettBusiness Services, Inc. (“BBSI”, the “Company”, “our” or “we”), pursuant to the rules and regulations of the Securitiesand Exchange Commission (“SEC”). Certain information and note disclosures typically included in financial statementsprepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) havebeen condensed or omitted pursuant to such rules and regulations. In the opinion of management, the condensedconsolidated financial statements include all adjustments, consisting only of normal recurring adjustments, necessaryfor a fair statement of the results for the interim periods presented. The accompanying condensed financial statementsare prepared on a consolidated basis. All intercompany account balances and transactions have been eliminated inconsolidation. The preparation of condense