Insight Enterprises, Inc. Reports Third Quarter Results

About this update from Insight Enterprises, Inc.

[{"type":"text","content":" CHANDLER, Ariz.--(BUSINESS WIRE)--\nInsight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter ended September 30, 2025. Results include:\n\n\n\nConsolidated net sales decreased 4% year to year while hardware net sales increased 1%, year over year\n\n\n\nGross profit was flat year over year at $434.2 million and gross margin expanded 100 basis points to 21.7%\n\n\n\nConsolidated net earnings decreased 12% year to year to $50.9 million\n\n\n\nAdjusted earnings before interest, tax, depreciation and amortization (“EBITDA”) increased 6% year over year to $137.0 million\n\n\n\nDiluted earnings per share of $1.62 increased 7% year over year\n\n\n\nAdjusted diluted earnings per share of $2.43 increased 11% year over year\n\n\n\nCash flows provided by operating activities were $249.1 million\n\n\n\nIn the third quarter of 2025, net sales decreased 4%, year to year, to $2.0 billion, and gross profit was flat, year over year, at $434.2 million. Gross margin expanded 100 basis points compared to the third quarter of 2024 to 21.7%. Selling and administrative expenses increased 1%, year to year, while Adjusted selling and administrative expenses decreased 1%, year over year. Earnings from operations of $93.1 million, or 4.6% of net sales, was flat compared to $92.9 million in the third quarter of 2024. Adjusted earnings from operations of $126.4 million, or 6.3% of net sales, increased 5% year over year compared to $120.1 million in the third quarter of 2024. Consolidated net earnings were $50.9 million, or 2.5% of net sales, in the third quarter of 2025, down 12% compared to the third quarter of 2024, and was primarily driven by higher interest expense resulting from an increased loan balance under our ABL facility. Adjusted consolidated net earnings were $76.8 million, or 3.8% of net sales. Diluted earnings per share for the quarter was $1.62, up 7% year over year, and Adjusted diluted earnings per share was $2.43, up 11% year over year.\n\n\n\"In the third quarter, we delivered Adjusted diluted earnings per share growth of 11% and in line with expectations, achieved adjusted earnings from operations growth and posted record gross margin,” stated Joyce Mullen, President and Chief Executive Officer. “Commercial net sales grew for the sixth straight quarter, cloud gross profit exceeded expecta...

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