10-K · February 11, 2026
Insperity positions itself as a scaled PEO/HR solutions provider focused on small and middle-market clients, emphasizing a ‘‘high-touch/high-tech’’ approach and a new Workday-based HRScale solution (initial clients…
Earnings analysis · 10-Q
NSP earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Insperity, Inc. reported strong Q1 2026 results with revenue of $1.895 billion, slightly exceeding estimates and representing a 2% increase compared to Q1 2025. EPS also surpassed expectations at $1.31, though it…
Read full summary
Insperity, Inc. reported strong Q1 2026 results with revenue of $1.895 billion, slightly exceeding estimates and representing a 2% increase compared to Q1 2025. EPS also surpassed expectations at $1.31, though it reflected a 35% drop year-over-year due to restructuring impacts. Despite challenges with a 1% decline in average paid WSEEs, management voiced optimism about margin recovery efforts, yet admitted ongoing headwinds remain.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.31
What stood out
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Q1 Revenue Surprises to Upside
Actual revenue for Q1 2026 was $1.895 billion, beating estimates of $1.892 billion by 0.16%.
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EPS Exceeds Expectations
Reported EPS of $1.31 beat estimates of $1.17, resulting in an EPS surprise of 11.97%.
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Slight Revenue Growth
Revenue increased 2% compared to Q1 2025, rising from $1.863 billion to $1.895 billion.
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Managing Restructuring Costs
Restructuring charges amounted to $9 million in Q1 2026, impacting overall profitability.
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Positive Adjusted EBITDA Trend
Adjusted EBITDA rose 1% year-over-year to $103 million.
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Cash and Working Capital Improvement
Working capital increased to $142 million from $102 million at year-end 2025.
What to watch
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Decline in Average WSEEs
Average paid WSEEs decreased by 1% to 303,049, impacting revenue generation.
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Net Income Decline
Net income fell 35% to $33 million year-over-year, influenced by restructuring costs.
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Increased Operating Costs
Operating expenses decreased marginally by 1%, yet restructuring and trade costs remain a concern.
Management's outlook
Management expects adjusted EPS for Q2 2026 to be in the range of $0.02 - $0.50, with full-year EPS guidance set at $1.60 - $2.60.
Earlier filings 4
10-Q · November 4, 2025
Insperity reported Q3 2025 revenues of $1.62 billion, a slight increase of 4% year-over-year but a marginal decrease from the previous quarter. However, the company posted a net loss of $20 million, translating to a…
10-Q · April 29, 2025
Insperity reported Q1 revenue of $1,863.0 million, up 3% year-over-year from $1,802.0 million, with gross profit of $310.0 million (16.6% margin) and operating income of $68.0 million (3.7% margin). Diluted EPS declined…
10-Q · August 6, 2024
Insperity reported Q2 revenue of $1,605.0 million (up $20.0 million or ~1% YoY from $1,585.0 million) with gross profit of $260.0 million and operating income of $23.0 million. Diluted EPS for the quarter was $0.48…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.