Quarterly ResultMay 7, 2026, 08:17 AM
Insight Enterprises Q1 Net Earnings >100% to $30M; EPS $0.97
AI Summary
Insight Enterprises reported strong financial results for the first quarter ended March 31, 2026, with consolidated net earnings increasing over 100% to $30.0 million and diluted EPS rising over 100% to $0.97. The company achieved a 14% year-over-year increase in gross profit to $462.2 million, driven by significant growth in services and cloud gross profit. For the full year 2026, Insight expects Adjusted diluted EPS to be between $11.00 and $11.50, representing approximately 5% growth at the midpoint.
Key Highlights
- Consolidated net earnings increased over 100% year-over-year to $30.0 million.
- Diluted earnings per share rose over 100% year-over-year to $0.97.
- Gross profit grew 14% year-over-year to $462.2 million, with gross margin expanding 240 basis points to 21.7%.
- Consolidated net sales increased 1% year-over-year to $2.1 billion, driven by 17% growth in services net sales.
- Cloud gross profit increased 35% and Insight Core Services gross profit grew 19% year-over-year.
- North America earnings from operations increased 30% to $66.2 million.
- EMEA net sales increased 9% to $372.9 million, with gross profit up 21%.
- Full year 2026 Adjusted diluted EPS is projected between $11.00 and $11.50.