Barrett Business Services Inc.

htm EX-99.1 EX-99.1 EXHIBIT 99.1 BBSI Reports Strong Second Quarter 2025 Financial Results - Revenues and Gross Billings up 10% to $307.7 Million and $2.23 Billion - - Announces New $100 Million Stock Repurchase Program - VANCOUVER, Washington, August 6, 2025 – Barrett Business Services, Inc.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

BBSI remained debt free at quarter end.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Capital Allocation Continuing under the Company’s stock repurchase program established in July 2023, BBSI repurchased $8.0 million of stock in the second quarter, comprising 197,200 shares at an average price of $40.80.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

On August 4, 2025, the Board of Directors authorized the repurchase of up to $100 million of the Company’s common stock over a two-year period beginning August 4th.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The new repurchase program replaces the program approved in July 2023.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The Company paid $2.0 million of dividends in the quarter, and BBSI’s board of directors confirmed its next regular quarterly cash dividend at $0.08 per share.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

We remain focused on execution and are confident in our ability to deliver long-term, sustainable growth.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

The CODM is provided financial information presented on a consolidated basis, including consolidated gross margin and consolidated net income (loss), to assess the financial performance of the Company and to decide how to allocate resources, including by reinvesting profits into our single operating segment or pursuing other strategic initiatives, such as stock repurchases or acquisitions.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

Business Strategy Our strategy is to align local operations teams with the mission of small and mid-sized business owners, driving value to their business.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

To do so, BBSI: partners with business owners to leverage their investment in human capital through a high-touch, results-oriented approach; brings predictability to each client organization through a three-tiered management platform; and enables business owners to focus on their core business by reducing organizational complexity and maximizing productivity.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

These teams are responsible for growth and profitability of their operations, and for providing strategic leadership, guidance and expert consultation to our client companies.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements.

SEC original ↗Barrett Business Services Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025

Legal Proceedings 29 Item 1A.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

The process of estimating claims and claims adjustment expense involves a high degree of judgment and is affected by both internal and external events, including changes in claims handling practices, modifications in reserve estimation procedures, changes in individuals involved in the reserve estimation process, inflation, trends in the litigation and settlement of pending claims, and legislative changes.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

Due to the inherent uncertainty underlying loss estimates, the ultimate expense incurred will likely vary from the related loss estimate at the reporting date.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

Actuaries exercise a considerable degree of judgment in the evaluation of these factors and the need for such actuarial judgment is more pronounced when faced with material uncertainties.

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026

Note 6 Litigation and Other Contingencies The Company has made payroll tax filings on behalf of numerous current and former clients claiming Employee Retention Tax Credits ( ERCs ).

SEC original ↗Barrett Business Services Inc. — 10-Q Quarterly report10-QAug 6, 2026