Insperity Q2 Earnings Beat, Margin Recovery Gains Traction; Guidance Raised
NSP has more than doubled off its 52-week low of $18.57.
Summary
Insperity reported Q2 2026 results above expectations, with adjusted EPS of $0.34 (up 31% YoY) and raised full-year guidance. The margin recovery plan is working, and the CEO's recent $10.8M in open-market purchases adds conviction.
Key Events · Earnings and Guidance · NSP
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Q2 Earnings Beat
Revenue of $1.69B (+2% YoY) and adjusted EPS of $0.34 (+31% YoY) exceeded consensus, driven by margin recovery initiatives.
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Full-Year Guidance Raised
Adjusted EPS guidance lifted to $1.88–$2.43 (up 83%–136% YoY), reflecting confidence in sustained profit improvement.
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Margin Recovery Progress
Gross profit per WSEE declined only 1% YoY, while operating expenses fell 8%, demonstrating effective cost management and pricing actions.
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CEO Insider Buying Context
Chairman and CEO Paul Sarvadi purchased $10.8M in open-market stock over the past 90 days, signaling strong conviction ahead of these results.
Analysis · NSP · Trade & Services
Insperity delivered a solid Q2 beat with revenue of $1.69B and adjusted EPS of $0.34, both ahead of consensus. The 31% year-over-year adjusted EPS growth reflects meaningful progress on the company's top 2026 priority of margin recovery, driven by pricing, benefit plan changes, and cost discipline. Management raised full-year adjusted EPS guidance to $1.88–$2.43, signaling confidence in sustained profit improvement. The results come against a backdrop of recent heavy insider buying by the CEO, reinforcing alignment with shareholders. While worksite employee counts remain slightly down, the margin story is the key takeaway — operating leverage is improving, and the company is laying the foundation for growth reacceleration.
At the time of this filing, NSP was trading at $54.11 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $18.57 to $61.46. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.