Insight Enterprises Q2 2026: Revenue +15%, EPS +76%, Aggressive Buybacks Continue
NSIT has more than doubled off its 52-week low of $63.62.
Summary
Insight Enterprises reported Q2 2026 results well above expectations, with revenue up 15% and diluted EPS up 76%, while continuing aggressive share repurchases.
Key Events · Earnings and Guidance · NSIT
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Q2 Revenue +15% to $2.4B
Net sales rose 15% year-over-year to $2.40 billion, driven by 19% growth in services and 20% growth in hardware, partially offset by an 8% decline in software.
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Diluted EPS Surges 76% to $2.57
Net earnings reached $77.6 million, up 65% from $46.9 million a year ago, with diluted EPS of $2.57 versus $1.46 in Q2 2025.
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Gross Margin Expands 60 bps to 21.7%
Gross profit increased 18% to $521.6 million, with services gross margin expanding significantly, reflecting the ongoing mix shift toward higher-margin cloud and solutions offerings.
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$150M in Share Repurchases in H1 2026
The company repurchased 1.6 million shares for $150 million in the first half, with an additional $23.2 million bought back after the quarter, leaving $125.8 million remaining under the authorization.
Analysis · NSIT · Trade & Services
A standout quarter underscores the strength of Insight's strategic shift. Revenue climbed 15% to $2.4 billion, while diluted EPS surged 76% to $2.57, fueled by robust services growth and expanding margins. Management's conviction is evident in the $150 million of stock repurchased during the first half, with an additional $23 million bought back after the quarter. Gross margin widened 60 basis points to 21.7%, reflecting the ongoing mix shift toward higher-margin services and cloud solutions. The balance sheet remains solid with ample liquidity, and the ABL facility was upsized with a $100 million swingline. This report reinforces the bullish thesis: accelerating earnings, aggressive capital return, and a clear path to sustained margin improvement.
At the time of this filing, NSIT was trading at $151.95 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.6B. The 52-week trading range was $63.62 to $151.95. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.