INSIGHT ENTERPRISES INC

Insight Enterprises reported strong financial results for the second quarter of 2026, with net sales increasing to $2.399 billion and net earnings reaching $77.569 million, significantly up from the prior year. Diluted EPS also saw a substantial rise to $2.57. The company also amended its ABL revolving credit facility, adding a $100 million swingline sub-facility, and continued its share repurchase program, buying back $150 million in stock during the first half of the year.

Insight Enterprises, Inc. reported strong second-quarter 2026 financial results, with consolidated net sales increasing 15% to $2.4 billion and diluted earnings per share rising 76% to $2.57. The company saw broad-based growth, particularly in cloud, infrastructure, and services, driven by AI demand. Following these results, Insight Enterprises raised its full-year 2026 Adjusted diluted earnings per share guidance to between $12.20 and $12.70.

Insight Enterprises, Inc. entered into a seventh amendment to its credit agreement on May 28, 2026, with JPMorgan Chase Bank, N.A. as Administrative Agent. This amendment primarily adds a new $100 million swingline sub-facility to the existing ABL Credit Agreement. The agreement involves Insight and certain of its subsidiaries in the United States, United Kingdom, Netherlands, Australia, and Canada as borrowers and guarantors, enhancing the company's financial flexibility.

Insight Enterprises, Inc. held its Annual Meeting of Stockholders on May 13, 2026, where several key proposals were approved. Stockholders adopted the Amended and Restated Certificate of Incorporation, eliminating supermajority voting requirements and replacing them with a majority vote standard. Additionally, ten directors were elected, named executive officer compensation was approved on an advisory basis, and KPMG LLP was ratified as the independent auditor for the year ending December 31, 2026.

Insight Enterprises reported significantly increased net earnings of $30.0 million for the three months ended March 31, 2026, up from $7.5 million in the prior year. Diluted EPS rose to $0.97 from $0.22. Total net sales increased slightly to $2.13 billion, driven by strong growth in services revenue. The company also amended its ABL facility, increasing borrowing capacity to $2.0 billion and extending maturity, and continued its share repurchase program with $224 million remaining.

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.