NSIT earnings analysis
What we found in NSIT's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Insight Enterprises' Q1 2026 results showed modest growth in revenue and a marked increase in profitability. Net sales reached $2.1 billion, up 1% year-over-year, while gross profit rose by 14% to $462.2 million, with diluted EPS significantly increasing over 100% to $0.97. Management raised its full-year EPS guidance, reflecting optimism about revenue growth despite challenges in certain segments.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Q1 Revenue of $2.1 Billion
- Net sales increased by 1% year-over-year from $2.09 billion in Q1 2025.
- EPS Surges Over 100%
- Diluted EPS for Q1 2026 was $0.97, a rise from $0.22 in Q1 2025.
- Gross Profit Increased 14%
- Gross profit reached $462.2 million, compared to $406.5 million in Q1 2025.
- Guidance Raised for EPS
- Management revised full-year EPS guidance to between $11.00 and $11.50.
- Significant Growth in EMEA and APAC
- Net sales in APAC increased by 20%, while EMEA saw growth of 9% year-over-year.
- Cloud Services Drive Profitability
- A 35% increase in gross profit from cloud solutions contributed to stronger margins.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- North America Sales Decline
- North America segment reported a 1% decrease in sales, primarily due to a 28% drop in software sales.
- Increased Selling and Administrative Expenses
- Selling and administrative expenses rose 13%, impacted by personnel costs and transformation costs.
- Interest Rate Risks
- Higher interest rates on variable rate borrowings may pressure margins further in 2026.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.97
- Gross margin
- 21.7%
- Operating margin
- 3.4%
- Segment
- North America, EMEA, APAC
What they said about what is next.
Management anticipates continued revenue growth and improved profitability for 2026.
The filing reads better than the one before it.
What came before.
- 10-K · February 12, 2026
- Insight Enterprises presents a strategic repositioning toward an "AI-first" solutions integrator supported by targeted acquisitions (Inspire11 and Sekuro in 2025) and a shift toward higher‑margin services. Financially,…
- 10-Q · July 31, 2025
- Insight Enterprises missed revenue expectations in Q2, reporting net sales of $2,091,482,000 (down $70,180,000 vs Q2-2024) and diluted EPS of $1.46 (vs $2.27 in Q2-2024). Gross margin held near 21.2% but operating…
- 10-Q · August 1, 2024
- Insight reported Q2 net sales of $2,161,662,000 and diluted EPS of $2.27. Revenue declined sequentially and year-over-year while gross and operating margins improved, supporting higher EPS and operating profit; cash…
- 10-Q · May 2, 2024
- Insight Enterprises reported Q1 net sales of $2,379,485,000, up $55,538,000 (+2.4%) versus Q1 2023, with gross profit rising to $440,928,000 (gross margin ~18.5% vs ~16.8% a year ago). Operating income improved to…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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