Insperity, Inc. (NSP) Earnings Call Transcripts

Insperity, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Insperity, Inc. reported adjusted EPS of $1.31 and adjusted EBITDA of $103 million, both exceeding expectations. Revenue and gross profit showed signs of recovery, though the average number of paid worksite employees decreased by 1% year-over-year to 303,049. Management has revised guidance for worksite employee growth down to a range of 303,000 to 307,000 for the full year, reflecting economic sentiment challenges in the small business sector, while maintaining adjusted EBITDA guidance of $170 million to $230 million.

Reported metrics

Guidance from management

Management has maintained adjusted EBITDA guidance for 2026 at $170 million to $230 million but revised worksite employee growth expectations down to 303,000 to 307,000, reflecting economic sentiment challenges.

What management said

Yes. So our original guidance included an increase in gross profit per employee compared to 2025 levels. We had mentioned last time that we didn't expect it to get back fully to 2024 levels. As we look at kind of where we are now compared to where we were coming into the year, we do think we're a little bit ahead of schedule on the profit recovery efforts. So we do think the gross profit per employee is likely to be ...

Well, I think the competitive environment has had quite a bit of pressure over the last 1.5 years or so. And it's normal when you have the higher pricing that's going on, on benefit costs and other things to cause more shopping. And when that happens, that just causes more competitive pricing. But we are in a position where we continue to compare well and are able to give customers options for how to look at their fu...

What analysts pressed on

Analysts expressed concerns about the impact of economic sentiment on client retention and sales cycles. There were questions regarding the effectiveness of the margin recovery plan and the sustainability of growth in light of increased competition and pricing pressures.

Main topics on the call

• Margin Recovery Progress — Insperity's margin recovery plan is showing positive results, with total gross profit decreasing by only 3% to $302 million compared to a 21% decline in Q4 2025. Management stated, 'We are pleased with the progress of ou...
• Worksite Employee Growth Challenges — The average number of paid worksite employees fell to 303,049, at the low end of management's forecast. Management noted, 'Worksite employees paid from new client sales declined by 7% compared to Q1 2025,' indicating ong...
• HRScale Rollout — Insperity has begun onboarding HRScale beta clients, with nearly 6,000 worksite employees expected to be on board within the next six months. Management highlighted that HRScale is a 'growth catalyst' aimed at retaining ...
• Economic Sentiment Impact — Management reported a notable shift in small and medium-sized business sentiment, with 54% of surveyed clients expecting negative impacts on their businesses. This has contributed to a cautious outlook for sales and clie...

Read the full Insperity, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Insperity, Inc. earnings call transcripts on record, spanning February 11, 2020 to July 29, 2026. Based on this history, Insperity, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NSP

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Professional Services

Calls on record

28

First call

February 11, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly