Insight Enterprises (NASDAQ:NSIT) Issues Quarterly Earnings Results, Beats Expectations By $0.93 EPS

Insight Enterprises (NASDAQ:NSIT) issued its quarterly earnings results on Thursday. The software maker reported $3.86 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $2.18 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm 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

Shares of NASDAQ NSIT traded up $8.89 during midday trading on Thursday, hitting $149.17. The company had a trading volume of 905,877 shares, compared to its average volume of 414,563. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. Insight Enterprises has a twelve month low of $63.62 and a twelve month high of $153.91. The business has a 50-day simple moving average of $117.37 and a two-hundred day simple moving average of $93.55. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 26.08, a price-to-earnings-growth ratio of 1.29 and a beta of 1.07.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. upgraded Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research note on Wednesday, May 27th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a report on Friday, May 8th. Finally, Weiss Ratings upgraded shares of Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Insight Enterprises presently has a consensus rating of “Moderate Buy” and an average price target of $118.75.

Key Insight Enterprises News

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

• Positive Sentiment: Second-quarter revenue rose 15% year over year to $2.40 billion, exceeding the $2.18 billion consensus estimate. Gross profit increased 18% to $521.6 million, while gross margin expanded 60 basis points to 21.7%. Insight Enterprises Q2 net sales rise 15% as earnings jump 65%
• Positive Sentiment: Adjusted diluted EPS was $3.86, versus the $2.93-$2.95 analyst consensus and $2.45 a year earlier. Consolidated net earnings rose 65% to $77.6 million, reinforcing the earnings upside. Insight Enterprises Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook to $12.20-$12.70 from the prior guidance, above the roughly $11.30 analyst consensus, and increased its gross-profit growth outlook to 8%-10%. Insight outlines 2026 adjusted EPS guidance
• Positive Sentiment: Growth was geographically broad: North American sales increased 15% to $1.9 billion, EMEA sales rose 8% to $375.2 million and APAC sales surged 46% to $85.6 million. Insight Enterprises Q2 Earnings Snapshot
• Neutral Sentiment: After the rally, NSIT is trading near its 52-week high, with a trailing P/E near 26. Investors may therefore expect continued execution to justify the higher valuation. Insider activity was mixed, with a recent CFO purchase and general counsel sale.

Insiders Place Their Bets

In related news, CFO James A. Morgado purchased 2,290 shares of Insight Enterprises stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the transaction, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.21% of the company’s stock.

Hedge Funds Weigh In On Insight Enterprises

Several hedge funds and other institutional investors have recently bought and sold shares of NSIT. Morgan Stanley increased its stake in shares of Insight Enterprises by 15.6% during the 4th quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock worth $218,496,000 after purchasing an additional 362,258 shares in the last quarter. Paradigm Capital Management Inc. NY lifted its stake in Insight Enterprises by 35.9% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 810,764 shares of the software maker’s stock valued at $66,053,000 after buying an additional 214,064 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in Insight Enterprises by 321.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 237,201 shares of the software maker’s stock valued at $32,754,000 after buying an additional 180,860 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in Insight Enterprises during the 4th quarter valued at $12,478,000. Finally, Jane Street Group LLC grew its holdings in Insight Enterprises by 114.2% during the 2nd quarter. Jane Street Group LLC now owns 285,248 shares of the software maker’s stock valued at $39,388,000 after buying an additional 152,064 shares during the last quarter.

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.