Insight Enterprises (NASDAQ:NSIT) Posts Earnings Results, Beats Estimates By $0.93 EPS

Insight Enterprises (NASDAQ:NSIT) released its quarterly earnings results on Thursday. The software maker reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.93, Briefing.com reports. The firm had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.45 EPS. Insight Enterprises updated its FY 2026 guidance to 12.200-12.700 EPS.

Here are the key takeaways from Insight Enterprises’ conference call:

• Q2 results exceeded expectations: Revenue rose 15% to $2.4 billion, gross profit increased 18%, adjusted EBITDA grew 29%, and adjusted diluted EPS climbed 44% to $3.86. Infrastructure hardware, cloud, and core services were key growth drivers.
• Insight raised its 2026 outlook, now expecting gross profit growth of 8%–10% and adjusted diluted EPS of $12.20–$12.70, or approximately 16% growth at the midpoint. The company also plans to complete the remaining $149 million share-repurchase authorization this year while pausing M&A.
• Management reported strong demand for AI-ready infrastructure, cloud, cybersecurity, and related services, including servers, storage, networking, Microsoft Copilot, Azure, and Agent 365. Insight is investing in AI infrastructure and services while productizing offerings and expanding AI-enabled sales tools.
• The three-year “One Insight” plan will consolidate decentralized operations, integrate acquisitions onto common systems, streamline support functions, and reinvest efficiency savings into growth. Management expects to improve operating leverage while selectively adding sales and technical talent.
• Management expects slower growth in the second half, with the fourth quarter being the weakest EPS-growth period due to tougher comparisons, Google partner-program changes, memory-price increases, supply-chain disruption, and macroeconomic uncertainty. Hardware gross margin already declined 110 basis points because of pricing and client mix, while debt increased to approximately $1.5 billion.

Insight Enterprises Price Performance

Shares of Insight Enterprises stock traded up $8.89 on Thursday, hitting $149.17. 905,877 shares of the company were exchanged, compared to its average volume of 474,036. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $116.46 and a 200 day moving average price of $93.08. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 26.08, a price-to-earnings-growth ratio of 1.26 and a beta of 1.07. Insight Enterprises has a 1-year low of $63.62 and a 1-year high of $153.91.

Insider Activity at Insight Enterprises

In related news, CFO James A. Morgado acquired 2,290 shares of Insight Enterprises stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the transaction, the chief financial officer owned 17,246 shares in the company, valued at $1,504,713.50. This represents a 15.31% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.21% of the company’s stock.

Institutional Trading of Insight Enterprises

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Insight Enterprises by 26.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after acquiring an additional 160 shares during the period. State of Wyoming purchased a new stake in shares of Insight Enterprises in the second quarter valued at about $184,000. Integrated Wealth Concepts LLC acquired a new stake in Insight Enterprises during the first quarter worth about $221,000. Cerity Partners LLC increased its position in Insight Enterprises by 22.7% during the second quarter. Cerity Partners LLC now owns 1,643 shares of the software maker’s stock worth $227,000 after purchasing an additional 304 shares during the last quarter. Finally, SummitTX Capital L.P. purchased a new position in Insight Enterprises during the fourth quarter worth about $230,000.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on NSIT shares. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. Zacks Research upgraded Insight Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Weiss Ratings upgraded Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Wall Street Zen cut Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Sunday. Finally, Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Insight Enterprises currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.75.

About Insight Enterprises

Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight’s expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.

At the core of Insight’s business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.