Insight Enterprises (NASDAQ:NSIT) Announces Quarterly Earnings Results

Insight Enterprises (NASDAQ:NSIT) released its quarterly earnings data on Thursday. The software maker reported $3.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.74, FiscalAI reports. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%. The firm had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter in the prior year, the business posted $2.43 earnings per share. Insight Enterprises’s revenue was up 21.8% compared to the same quarter last year. Insight Enterprises updated its FY 2026 guidance to 13.550-13.750 EPS.

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

• Strong Q3 results led to raised full-year guidance. Gross profit rose 20% and adjusted diluted EPS increased 34%; Insight now expects 2026 gross profit growth of 12.5%–14% and adjusted diluted EPS of $13.55–$13.75, excluding stock-based compensation.
• AI-related infrastructure demand and services growth were key drivers. Infrastructure gross profit increased more than 50%, while cloud gross profit grew 26% and Insight Core Services gross profit rose 21%; management said clients are investing in both on-premises and cloud environments for AI.
• Management expects growth to moderate in Q4. The outlook reflects tougher comparisons, the impact of Google Partner Program changes, and uncertainty around memory pricing, supply chains, and the broader economy, although the company reported healthy bookings and elevated backlog entering the quarter.
• Insight is pursuing operating leverage while investing in growth. A voluntary separation program is expected to generate about $30 million in annualized gross savings, with resources redirected toward AI, cybersecurity, and technical talent; the company also intends to complete its remaining $74 million share-repurchase authorization this year.

Insight Enterprises Stock Down 13.0%

NSIT opened at $152.72 on Friday. The business’s fifty day moving average is $162.69 and its two-hundred day moving average is $114.85. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 1.27 and a beta of 1.06. Insight Enterprises has a one year low of $63.62 and a one year high of $182.12.

Insiders Place Their Bets

In other news, General Counsel Karim Adatia sold 248 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $157.40, for a total value of $39,035.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.21% of the company’s stock.

Insight Enterprises News Summary

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

• Positive Sentiment: Q3 earnings were $3.59 per share, well above analyst expectations of about $2.85, while revenue of $2.44 billion topped the $2.15 billion consensus and rose 21.8% year over year. Zacks Q3 earnings and revenue report
• Positive Sentiment: NSIT lifted its FY 2026 EPS guidance to $13.55–$13.75, above the cited analyst consensus of $12.30, signaling greater earnings confidence. Seeking Alpha outlook update
• Positive Sentiment: Coverage attributed the earnings beat in part to demand for AI infrastructure, a potential growth driver for the company. AI infrastructure earnings coverage
• Negative Sentiment: One report characterized quarterly profit as falling, a caveat to the strong adjusted EPS and revenue growth. RTT News Q3 results coverage

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NSIT shares. Barrington Research set a $180.00 price target on shares of Insight Enterprises in a research note on Monday, August 10th. Zacks Research cut shares of Insight Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. JPMorgan Chase & Co. boosted their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Raymond James Financial reissued an “outperform” rating and set a $175.00 price objective on shares of Insight Enterprises in a report on Thursday, August 6th. Finally, Wall Street Zen lowered shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $147.50.

About Insight Enterprises

Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.

Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.