Q2 2026 Insight Enterprises Inc Earnings Call Transcript
Key Points
- Total gross profit grew 18%, with adjusted diluted EPS up 44% year-over-year.
- Cloud gross profit increased 39%, driven by strong performance with Microsoft and Google.
- Infrastructure hardware revenue rose more than 20%, reflecting strong demand for AI-ready infrastructure.
- All geographic regions delivered double-digit gross profit growth, with APAC up 67%.
- Company raised full-year guidance for gross profit growth and adjusted diluted EPS.
- Hardware gross margin declined 110 basis points due to pricing and client mix.
- On-prem software revenue decreased as clients shift to cloud-delivered software.
- Device unit volumes declined slightly, with weakness in desktops and handhelds.
- Fourth quarter growth expected to be the lowest of the year due to tough compares and uncertainty from memory price increases and supply chain disruptions.
- Cash flow from operations was only $20 million year-to-date, with significant generation expected in the second half.
Hello, everyone. Thank you for joining us, and welcome to the Insight Enterprises second-quarter 2026 operating results. (Operator Instructions)
I will now hand the conference over to Ryan Miyasato with investor relations. Ryan, please go ahead.
Welcome, everyone, and thank you for joining the Insight Enterprises earnings conference call. Today, we will be discussing the company's operating results for the quarter ended June 30, 2026. I'm Ryan Miyasato, Investor Relations Director of Insight, and joining me is Jack Azagury, President and Chief Executive Officer; and James Morgado, Chief Financial Officer.
If you do not have a copy of the earnings release or the accompanying slide presentation that was posted this morning and filed with the Securities and Exchange Commission on Form 8-K, you will find it on our website at insight.com under the investor relations section. Today's call, including the question and answer period, is being webcast live and can also be accessed via
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
