Insperity, Inc. reported its financial results for the second quarter and first half of 2026, revealing a modest increase in revenue alongside notable changes in profitability metrics. For the three months ended June 30, 2026, the company generated revenues of $1.686 billion, a 2% increase from $1.658 billion in the same period of 2025. The gross profit for the quarter was $217 million, down 3% from $223 million year-over-year. Net income for the second quarter was $4 million, a significant turnaround from a net loss of $5 million in the prior year, resulting in a diluted earnings per share (EPS) of $0.10 compared to a loss of $0.14.

In the first half of 2026, Insperity's revenues reached $3.581 billion, also reflecting a 2% increase from $3.521 billion in the first six months of 2025. However, net income for this period decreased by 20% to $37 million, with diluted EPS falling to $0.97 from $1.22. The company attributed the decline in net income to increased direct costs, particularly in health insurance and workers' compensation, which rose significantly due to inflationary pressures and changes in claims estimates.

Operationally, Insperity reported a 1% decrease in the average number of worksite employees (WSEEs) paid per month, totaling 305,764 in Q2 2026 compared to 309,115 in Q2 2025. Despite this decline, the revenue per WSEE per month increased by 3% to $1,838, indicating improved pricing strategies. The company continues to focus on its PEO HR Solutions, which encompass a range of human resources services, and has seen a 10% increase in WSEEs in the middle market sector, which now represents a larger share of its client base.

Looking ahead, Insperity remains cautious about potential economic challenges, including labor shortages and inflation, which could impact its operations and profitability. The company has emphasized its commitment to managing costs and enhancing service offerings, particularly through its strategic partnership with Workday, Inc. Insperity's management anticipates that these efforts will help stabilize its financial performance and support future growth, although they acknowledge the inherent risks and uncertainties in the current market environment.

About INSPERITY, INC.

Insperity, Inc. provides comprehensive human resources and business performance solutions primarily to small and medium-sized U.S. companies. Its core offerings include PEO HR outsourcing, payroll, benefits administration, employee management, and compliance services. Leveraging technology and a high-touch approach, it helps clients improve productivity, attract talent, and manage employer-related regulatory burdens, operating through a nationwide network of offices and cloud-based platforms.

This description was generated via AI from an annual report. Updated about 1 year ago.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.

View the complete official filing on the SEC website.

Read on SEC.gov