Insight Enterprises (NASDAQ:NSIT) Announces Earnings Results

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 company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.45 earnings per share. 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

Insight Enterprises stock opened at $149.32 on Friday. The business has a 50 day simple moving average of $118.23 and a 200 day simple moving average of $93.94. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.17. The company has a market capitalization of $4.51 billion, a PE ratio of 21.86, a price-to-earnings-growth ratio of 1.37 and a beta of 1.07. Insight Enterprises has a one year low of $63.62 and a one year high of $154.57.

Insiders Place Their Bets

In related news, CFO James A. Morgado purchased 2,290 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the transaction, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.21% of the stock is owned by company insiders.

Institutional Investors Weigh In On Insight Enterprises

Large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Insight Enterprises by 684.8% during the 1st quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock valued at $3,664,000 after purchasing an additional 21,310 shares during the last quarter. AQR Capital Management LLC grew its stake in Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock worth $2,264,000 after buying an additional 4,293 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Insight Enterprises during the first quarter worth about $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Insight Enterprises by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock worth $2,432,000 after buying an additional 714 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Insight Enterprises by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock worth $11,138,000 after buying an additional 3,722 shares in the last quarter.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research note on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $175.00 price target on shares of Insight Enterprises in a research report on Thursday. Weiss Ratings upgraded Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Zacks Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday. One investment 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $132.50.

Insight Enterprises News Summary

Here are the key news stories impacting Insight Enterprises this week:

• Positive Sentiment: Strong Q2 earnings beat: Insight reported adjusted diluted EPS of $3.86, well above the roughly $2.93-$2.95 consensus estimate and up 44% from the prior year. Revenue increased 14.7% to $2.40 billion, exceeding analysts’ $2.18 billion forecast. Insight Enterprises Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Profitability improved: Gross profit rose 18% to $521.6 million, gross margin expanded 60 basis points to 21.7%, and consolidated net earnings climbed 65% year over year to $77.6 million. North America sales rose 15%, while APAC sales jumped 46%. Insight Enterprises Q2 net sales rise 15% as earnings jump 65%
• Positive Sentiment: 2026 guidance raised: Management reiterated adjusted EPS guidance of $12.20-$12.70, above the approximately $11.30 analyst consensus, and increased its full-year gross-profit growth outlook to 8%-10%. Insight outlines 2026 adjusted EPS and gross profit outlook
• Neutral Sentiment: JPMorgan raised its price target for NSIT from $135 to $160 but maintained a “neutral” rating. The higher target signals improved earnings expectations, although the unchanged rating suggests the bank sees the shares as fairly valued after their substantial advance. Benzinga

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.