Insperity Q2 Earnings: Net Income Swings to $4M Profit, Raises Full-Year Outlook
NSP has more than doubled off its 52-week low of $18.57.
Summary
Insperity reported Q2 2026 net income of $4 million, a sharp turnaround from a $5 million loss last year, and raised its full-year outlook. Adjusted EBITDA rose 13% to $36 million, driven by cost discipline and higher pricing.
Key Events · Earnings and Guidance · NSP
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Q2 Profit Swing
Net income of $4 million ($0.10 per share) vs. a loss of $5 million in Q2 2025, driven by lower operating expenses and higher pricing.
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Guidance Raised
Full-year 2026 outlook increased, following the Q2 beat. Adjusted EPS of $0.34 was up 31% year-over-year.
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Cost Discipline Offsets Headwinds
Operating expenses fell 8% to $211 million, with salaries down 11% and stock-based comp down 35%, more than offsetting a 3% decline in gross profit.
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Balance Sheet: Higher Debt, Improved Cash Flow
Long-term debt rose to $419 million from $369 million at year-end, but operating cash flow improved to a $19 million use vs. $522 million use last year.
Analysis · NSP · Trade & Services
Insperity delivered a solid Q2, swinging from a loss a year ago to a $4 million profit. Adjusted EPS jumped 31% to $0.34, and management raised full-year guidance — a signal of confidence in the PEO business despite a slight decline in worksite employees. The balance sheet shows higher debt, but operating cash flow improved dramatically from last year's heavy outflow. The results confirm the CEO's recent heavy insider buying was well-timed.
At the time of this filing, NSP was trading at $52.75 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.