Insight Enterprises, Inc. (NSIT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$2.93	$3.86	+31.7%	—	—	—
Q4 26	$0.74	$0.92	+24.3%	—	—	—
Q3 26	$2.84	$2.96	+4.2%	—	—	—
Q2 26	$2.49	$2.43	-2.4%	—	—	—
Q1 26	$2.47	$2.45	-0.8%	—	—	—
Q4 25	$2.01	$2.06	+2.5%	—	—	—
Q3 25	$2.52	$2.66	+5.6%	—	—	—
Q2 25	$2.37	$2.19	-7.6%	—	—	—
Q1 25	$2.82	$2.46	-12.8%	—	—	—
Q4 24	$1.81	$2.37	+30.9%	—	—	—
Q3 24	$3.06	$2.98	-2.6%	—	—	—
Q2 24	$2.33	$2.37	+1.7%	—	—	—
Q1 24	$2.63	$2.56	-2.7%	—	—	—
Q4 23	$1.82	$1.78	-2.2%	—	—	—
Q3 23	$2.12	$2.53	+19.3%	—	—	—
Q2 23	$1.93	$1.99	+3.1%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5	—	—	$8.2B	—
FY24	—	$7.73	—	—	$8.7B	—
FY23	—	$8.53	—	—	$9.2B	—
FY22	—	$8.04	—	—	$10.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$5.5B	$6.7B	$7.1B	$7.7B	$8.3B	$9.4B	$10.4B	$9.2B	$8.7B	$8.2B
YoY change	+2.09%	+22.2%	+5.62%	+9.2%	+7.88%	+13.1%	+10.5%	-12%	-5.17%	-5.22%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	5.5B	6.7B	7.1B	7.7B	8.3B	9.4B	10.4B	9.2B	8.7B	8.2B
Cost of revenue	4.7B	5.8B	6.1B	6.6B	7B	8B	8.8B	7.5B	6.9B	6.5B
Gross profit	743.1M	918.6M	993.7M	1.1B	1.3B	1.4B	1.6B	1.7B	1.8B	1.8B
Gross margin	13.5%	13.7%	14%	14.7%	15.6%	15.3%	15.7%	18.2%	20.3%	21.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	585.2M	723.3M	756.5M	880.7M	1B	1.1B	1.2B	1.2B	1.3B	1.4B
Operating expenses	585.2M	723.3M	756.5M	880.7M	1B	1.1B	1.2B	1.2B	1.3B	1.4B
Operating income	157.9M	195.2M	237.2M	257.4M	286.2M	330.4M	419.9M	433.3M	422.9M	375.6M
Operating margin	2.88%	2.91%	3.35%	3.33%	3.43%	3.5%	4.03%	4.72%	4.86%	4.55%
Non-operating income, net	-10.8M	-18.2M	-3.5M	-17.2M	-16.1M	2.6M	-6M	-14.3M	-31.9M	-65M
Pretax income	139.5M	159.1M	211.9M	211.7M	228.5M	292.6M	374.4M	377.9M	332.9M	225.8M
Income tax	54.8M	68.4M	48.2M	52.3M	55.8M	73.2M	93.8M	96.5M	83.2M	68.5M
Net income	84.7M	90.7M	163.7M	159.4M	172.6M	219.3M	280.6M	281.3M	249.7M	157.3M
Net margin	1.54%	1.35%	2.31%	2.06%	2.07%	2.32%	2.69%	3.07%	2.87%	1.91%
EBITDA	195.8M	235.6M	274.8M	303.2M	350.2M	386.9M	476.8M	494.9M	523.4M	457.7M
EPS	2.35	2.54	4.6	4.49	4.92	6.27	8.04	8.53	7.73	5
Diluted EPS	2.32	2.5	4.55	4.43	4.87	5.95	7.66	7.55	6.55	4.86

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.3B	2.2B	2.4B	2.2B	2.1B	2.1B	2.1B	2.1B	2B	2B	2.1B	2.4B
Cost of revenue	1.9B	1.8B	1.9B	1.7B	1.7B	1.6B	1.7B	1.6B	1.6B	1.6B	1.7B	1.9B
Gross profit	408.9M	436.1M	440.9M	453.4M	432.1M	439.6M	406.5M	442.3M	434.2M	478.4M	462.2M	521.6M
Gross margin	18%	19.5%	18.5%	21%	20.7%	21.2%	19.3%	21.1%	21.7%	23.4%	21.7%	21.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	309.8M	298.2M	337.4M	317.2M	330M	358.5M	339.2M	352.3M	332.9M	361.4M	384M	384.6M
Operating expenses	309.8M	298.2M	337.4M	317.2M	330M	358.5M	339.2M	352.3M	332.9M	361.4M	384M	384.6M
Operating income	99.1M	137.9M	103.5M	136.1M	102.1M	81.2M	67.3M	90M	101.3M	117M	78.2M	137M
Operating margin	4.37%	6.17%	4.35%	6.3%	4.89%	3.92%	3.2%	4.3%	5.05%	5.71%	3.67%	5.71%
Non-operating income, net	-7M	-6.4M	-2.7M	-4.6M	-10.3M	-14.2M	-32.7M	-3.5M	-7.3M	-21.5M	-5M	-6.3M
Pretax income	80.1M	122.2M	88.2M	117.4M	75.1M	52.3M	19M	64.2M	70.7M	72M	49.5M	106.3M
Income tax	19.8M	31.6M	21.2M	29.9M	16.9M	15.2M	11.5M	17.2M	19.7M	20M	19.5M	28.7M
Net income	60.2M	90.6M	67M	87.4M	58.2M	37M	7.5M	46.9M	50.9M	52M	30M	77.6M
Net margin	2.66%	4.05%	2.82%	4.05%	2.79%	1.79%	0.36%	2.24%	2.54%	2.54%	1.41%	3.23%
EBITDA	114.8M	155.4M	126.1M	161.2M	126.9M	109.2M	67.6M	115.9M	128.4M	145.7M	108.1M	165.6M
EPS	1.85	2.78	2.06	2.69	1.81	1.17	0.24	1.48	1.62	1.68	0.97	2.58
Diluted EPS	1.62	2.42	1.74	2.27	1.52	0.99	0.22	1.46	1.62	1.67	0.97	2.57

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.5B	1.4B	1.5B	2.5B	2.7B	3.7B	3.5B	5.8B	4.9B	2.6B	4.6B
Enterprise value	1.5B	1.9B	1.8B	3.5B	3.3B	4.3B	4.3B	6.7B	5.7B	3.8B	6B
Shares outstanding	36.1M	35.7M	35.6M	35.5M	35.1M	35M	34.9M	33M	32.3M	31.5M	31.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	17.2	15.1	8.86	15.7	15.5	17	12.5	20.8	19.7	16.3	23.2
P/S	0.27	0.2	0.2	0.32	0.32	0.4	0.34	0.64	0.56	0.31	0.54
P/B	2.05	1.62	1.47	2.15	1.99	2.47	2.14	3.37	2.77	1.56	2.88
EV/EBITDA	7.42	8.04	6.58	11.5	9.54	11.1	8.97	13.6	11	8.29	9.65
EV/Sales	0.26	0.28	0.26	0.45	0.4	0.46	0.41	0.74	0.66	0.46	0.7
Earnings yield	5.8%	6.63%	11.3%	6.38%	6.46%	5.88%	8.02%	4.81%	5.08%	6.13%	4.32%
FCF yield	5.74%	-23.8%	19%	2.35%	12.4%	2.99%	0.78%	9.93%	11.9%	10.9%	9.58%
PEG	—	—	—	—	—	—	—	—	—	—	0.31

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	13.5%	13.7%	14%	14.7%	15.6%	15.3%	15.7%	18.2%	20.3%	21.4%	21.7%
Operating margin	2.88%	2.91%	3.35%	3.33%	3.43%	3.5%	4.03%	4.72%	4.86%	4.55%	6.18%
Net margin	1.54%	1.35%	2.31%	2.06%	2.07%	2.32%	2.69%	3.07%	2.87%	1.91%	2.45%
ROE	11.9%	10.8%	16.6%	13.7%	12.9%	14.5%	17.1%	16.2%	14.1%	9.54%	13.1%
ROA	3.82%	3.38%	5.9%	3.82%	4%	4.68%	5.49%	4.47%	3.35%	1.73%	3.2%
ROIC	13.6%	8.12%	13.6%	8.98%	10.8%	11.9%	13%	12.2%	12.2%	9.1%	10.2%
Return on tangible assets	4.13%	4.08%	7.38%	5.71%	5.84%	6.45%	7.55%	6.73%	5.19%	2.67%	2.54%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.38	1.54	1.52	1.62	1.43	1.42	1.36	1.28	1.18	1.25	1.18
Quick ratio	1.23	1.38	1.43	1.52	1.34	1.29	1.27	1.23	1.15	1.22	1.15
Debt / equity	0.27	0.75	0.51	0.96	0.59	0.45	0.57	0.68	0.61	0.96	1.09
Debt / assets	0.09	0.24	0.18	0.27	0.18	0.14	0.18	0.19	0.15	0.17	0.15
Net debt / EBITDA	-0.04	2.24	1.3	3.29	1.91	1.47	1.63	1.83	1.57	2.68	2.52
Interest coverage	17.2	9.86	10.7	8.43	6.49	8.22	10.5	10.2	6.74	3.66	4.14
Effective tax rate	39.3%	43%	22.8%	24.7%	24.4%	25%	25.1%	25.6%	25%	30.3%	29.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	151.9	187.6	199	217.5	237.5	269.5	298.9	278.1	269.5	261.9	278.6
EPS (basic)	2.35	2.54	4.6	4.49	4.92	6.27	8.04	8.53	7.73	5	5
EPS (diluted)	2.32	2.5	4.55	4.43	4.87	5.95	7.66	7.55	6.55	4.86	6.76
Book value per share	19.8	23.6	27.7	32.7	38.2	43.1	46.9	52.6	54.8	52.4	54.4
FCF per share	2.32	-9.13	7.74	1.65	9.44	3.19	0.78	17.6	18.2	8.87	13.1
Cash per share	5.62	2.96	4.01	3.23	3.65	2.97	4.69	8.15	8.03	11.4	12.4
Capex per share	0.3	0.54	0.48	1.94	0.69	1.49	2.03	1.19	1.45	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.2%	0.29%	0.24%	0.89%	0.29%	0.55%	0.68%	0.43%	0.54%	—	—
Capex / operating cash flow	13.8%	-6.18%	6.15%	2.2K%	8.25%	35.3%	74.2%	6.06%	6.94%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.3B	$2.2B	$2.4B	$2.2B	$2.1B	$2.1B	$2.1B	$2.1B	$2B	$2B	$2.1B	$2.4B
YoY change	-10.6%	-10.7%	+2.39%	-8%	-7.87%	-7.31%	-11.6%	-3.25%	-4.03%	-1.18%	+1.16%	+14.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	202.9M	105.8M	142.7M	114.7M	128.3M	103.8M	163.6M	268.7M	259.2M	358M
Receivables	1.4B	1.8B	1.9B	2.5B	2.7B	2.9B	3.3B	3.6B	4.2B	5.5B
Inventory	216.8M	231.5M	148.5M	190.8M	185.7M	328.1M	265.2M	184.6M	122.6M	160.6M
Total current assets	2B	2.3B	2.3B	3B	3.2B	3.6B	3.9B	4.3B	4.8B	6.4B
Property, plant & equipment	7.7M	9.8M	8.7M	38.8M	79.2M	92.9M	106M	100.4M	122.3M	94.9M
Goodwill & intangibles	166.7M	464.4M	558M	1.4B	1.4B	1.3B	1.4B	2.1B	2.6B	3.2B
Total assets	2.2B	2.7B	2.8B	4.2B	4.3B	4.7B	5.1B	6.3B	7.4B	9.1B
Accounts payable	1.1B	899.1M	978.1M	1.3B	1.5B	1.8B	1.8B	2.3B	3.1B	4.3B
Short-term debt	155.4M	336.1M	305.5M	255.4M	358M	311.9M	647.5M	579.9M	550.5M	225M
Total current liabilities	1.4B	1.5B	1.5B	1.9B	2.2B	2.5B	2.9B	3.4B	4.1B	5.1B
Long-term debt	40.3M	296.6M	195.5M	857.7M	437.6M	361.6M	291.7M	592.5M	531.2M	1.4B
Total liabilities	1.5B	1.8B	1.8B	3B	3B	3.2B	3.5B	4.6B	5.7B	7.4B
Shareholders' equity	713.4M	843.5M	987M	1.2B	1.3B	1.5B	1.6B	1.7B	1.8B	1.6B
Total debt	195.7M	632.6M	501.1M	1.1B	795.6M	673.5M	939.2M	1.2B	1.1B	1.6B
Net debt	-7.2M	526.8M	358.4M	998.4M	667.3M	569.6M	775.6M	903.6M	822.5M	1.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	244.3M	268.7M	379.1M	256.3M	317.4M	259.2M	321.9M	309.1M	547M	358M	440.6M	363.5M
Receivables	3.1B	3.6B	3.6B	4.1B	3.9B	4.2B	4.6B	5.5B	5.5B	5.5B	6.4B	7.8B
Inventory	184.2M	184.6M	169.5M	145.5M	151M	122.6M	149.2M	147.5M	149M	160.6M	251.6M	247.9M
Total current assets	3.7B	4.3B	4.4B	4.9B	4.7B	4.8B	5.4B	6.3B	6.5B	6.4B	7.5B	8.8B
Property, plant & equipment	-222.3M	100.4M	-219.1M	-220.6M	-222.5M	122.3M	-225M	-230.2M	-232.8M	94.9M	-189.1M	-195.8M
Goodwill & intangibles	1.6B	2.1B	2.1B	2.7B	2.7B	2.6B	2.6B	2.6B	2.6B	3.2B	3.1B	3.1B
Total assets	5.1B	6.3B	6.6B	7.4B	7.3B	7.4B	7.9B	8.7B	8.9B	9.1B	10.1B	11.4B
Accounts payable	1.7B	2.3B	2.4B	3B	2.7B	3.1B	3.5B	4.2B	4.3B	4.3B	4.8B	6.5B
Short-term debt	618.3M	579.9M	558.6M	550.5M	567.6M	550.5M	260.7M	220.8M	240.3M	225M	259.6M	266.6M
Total current liabilities	2.7B	3.4B	3.5B	4B	3.7B	4.1B	4.4B	4.9B	5B	5.1B	6.1B	7.4B
Long-term debt	323.9M	592.5M	550M	663.1M	754.4M	531.2M	961.2M	1.3B	1.4B	1.4B	1.5B	1.5B
Total liabilities	3.5B	4.6B	4.8B	5.5B	5.5B	5.7B	6.3B	7.1B	7.3B	7.4B	8.5B	9.8B
Shareholders' equity	1.6B	1.7B	1.8B	1.8B	1.8B	1.8B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B
Total debt	942.2M	1.2B	1.1B	1.2B	1.3B	1.1B	1.2B	1.5B	1.6B	1.6B	1.7B	1.7B
Net debt	697.9M	903.6M	729.5M	957.3M	1B	822.5M	900.1M	1.2B	1.1B	1.2B	1.3B	1.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	84.7M	90.7M	163.7M	159.4M	172.6M	219.3M	280.6M	281.3M	249.7M	157.3M
Depreciation & amortization	38.1M	42.6M	37.5M	46.2M	65.6M	55.4M	56.6M	62.5M	98.1M	106.3M
Stock-based compensation	11.1M	12.8M	15.4M	16M	17.7M	18.2M	22.7M	29M	34M	33.7M
Change in working capital	-65.6M	-483.4M	51.1M	-237.4M	28M	-171.1M	-263.3M	285.2M	285.5M	-96M
Operating cash flow	78.8M	-311.3M	280.6M	3.2M	293.2M	147.3M	95.6M	648.2M	674.4M	303.8M
Capital expenditure	-10.9M	-19.2M	-17.3M	-69.1M	-24.2M	-52.1M	-70.9M	-39.3M	-46.8M	—
Investing cash flow	-21.2M	-204.6M	-91.7M	-733.4M	9.7M	-21.1M	-137.8M	-505.2M	-303.3M	-285.3M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-50M	0	-22.1M	-27.9M	-25M	-50M	-107.9M	-217.1M	-200M	-151.1M
Financing cash flow	-58.2M	397.1M	-159M	-587.4M	-793.2M	-262.7M	-4.3B	-4.4B	-5.5B	-4.9B
Net change in cash	-664K	-118.8M	29.9M	-1.3B	-490.3M	-136.5M	-4.4B	-4.2B	-5.1B	-4.9B
Free cash flow	83.8M	-326.3M	275.4M	58.8M	331.4M	111.6M	27.2M	580.3M	586.1M	279.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	60.2M	90.6M	67M	87.4M	58.2M	37M	7.5M	46.9M	50.9M	52M	30M	77.6M
Depreciation & amortization	15.6M	17.8M	21.9M	24.6M	25.9M	25.8M	25.8M	25.9M	26.3M	28.3M	28.5M	28.9M
Stock-based compensation	9.5M	2.7M	8M	8.9M	9.3M	7.8M	8.8M	9.1M	8.9M	7M	8.2M	11.1M
Change in working capital	180.3M	136.2M	183.1M	-19.9M	4.3M	118.1M	12.8M	-239.9M	137.3M	-6.2M	-465.1M	245.4M
Operating cash flow	260.5M	244.3M	279.3M	74.6M	106.7M	209.1M	63.6M	-177.1M	249.1M	153.8M	32.4M	-12.2M
Capital expenditure	-15.9M	-10.2M	-6.5M	-12.2M	-13.7M	-14.4M	-7.1M	—	—	—	—	—
Investing cash flow	-98.7M	-408.8M	-6.5M	-12.2M	-9.8M	-14.4M	-7.1M	0	0	-285.3M	0	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	-35M	0	-165M	0	0	-76.1M	-75M	0	-75M	-75M
Financing cash flow	-3.5B	-757.1M	-125.3M	117.6M	-4B	-1.5B	123.4M	235.6M	-520K	-6.1B	64.3M	-103M
Net change in cash	-3.3B	-921.5M	147.6M	180.1M	-3.9B	-1.3B	179.9M	58.5M	248.5M	-6.2B	96.7M	-115.3M
Free cash flow	209.9M	195.6M	240.7M	33.6M	111M	200.7M	70.9M	-181.9M	243.5M	146.8M	26.4M	-20.1M

Insight Enterprises, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement