Insight Enterprises Q1 sales edge up, slightly beat estimates

Insight Enterprises

07/05/2026 13:15

Overview

IT solutions provider's Q1 net sales rose 1%, slightly beating analyst expectations

Adjusted diluted EPS for Q1 rose 26% year over year

Company cites strong cloud and core services gross profit growth as key drivers

Outlook

Insight Enterprises expects 2026 adjusted diluted EPS between $11.00 and $11.50

Company sees 2026 gross profit growing in the low single digits

Insight Enterprises expects 2026 gross margin of about 21.5%

Result Drivers

CLOUD AND CORE SERVICES - Cloud gross profit rose 35% and core services gross profit climbed 19%, cited as critical strategic areas by CEO Jack Azagury

SERVICES GROWTH - Services net sales increased 17% year over year, offsetting a 2% decline in product net sales

GROSS MARGIN EXPANSION - Gross margin expanded 240 basis points to 21.7% due to higher services and cloud mix

Company press release: ID:nBwblzRjXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$2.13 bln
$2.12 bln (4 Analysts)
Q1 EPS
$0.97
Q1 Net Income
$30.009 mln
Q1 Gross Margin
21.70%
Q1 Earnings From Operations
$71.68 mln
Q1 Gross Profit
$462.15 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)