Insight Enterprises Q2 revenue up 15%, beats estimates

Insight Enterprises

06/08/2026 13:14

Overview
U.S. IT solutions provider's Q2 revenue rose 15%, beating analyst expectations
Adjusted EPS for Q2 climbed 44%, beating analyst expectations
Company raised full-year guidance for adjusted EPS and gross profit growth

Outlook
Insight Enterprises raises 2026 gross profit growth outlook to 8%-10%
Company expects 2026 gross margin between 21.5% and 22.0%
Insight Enterprises sees 2026 adjusted diluted EPS between $12.20 and $12.70

Result Drivers
AI MOMENTUM - Co said strength in cloud, infrastructure and services was driven by demand for AI
SERVICES AND CLOUD GROWTH - Services net sales rose 21% and cloud gross profit grew 39%, helping drive overall results
HARDWARE SALES INCREASE - Hardware product net sales increased 21% year over year, offsetting a 6% decline in software product net sales

Company press release: ID:nBw4KQn1pa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$2.40 bln
$2.18 bln (4 Analysts)
Q2 Adjusted EPS
Beat
$3.86
$2.93 (4 Analysts)
Q2 EPS
 
$2.57
 
Q2 Net Income
 
$77.57 mln
 
Q2 Gross Margin
 
21.70%
 
Q2 Earnings From Operations
 
$130.97 mln
 
Q2 Gross Profit
 
$521.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Insight Enterprises Inc is $100.00, about 28.7% below its August 5 closing price of $140.28
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 7 three months ago

Reuters Recommended Reads
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Aug 4 - ePlus Q1 net sales inch up, helped by managed services growth
Aug 4 - Qnity tops quarterly estimates, lifts annual forecast on AI infrastructure demand

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.)