Insperity Inc (NYSE:NSP)

Q1 2026 Insperity Inc Earnings Call Transcript

Apr 30, 2026 / 09:00 PM GMT

Release Date Price: $35.57 (-4.41%)

Transcript 10-Q8-K

Key Points

Positve

Insperity Inc (NSP) reported adjusted EPS of $1.31 and adjusted EBITDA of $103 million for Q1 2026, exceeding the midpoint of their expected range.
The company saw a significant improvement in gross profit, which decreased by only 3% compared to a 21% decline in Q4 2025, indicating progress in their margin recovery plan.
The new agreement with UnitedHealthcare and strategic pricing and client selection contributed positively to margin recovery.
Initial HR Scale beta clients were successfully onboarded, and the pipeline for HR Scale clients is building, indicating potential future growth.
AI initiatives are being integrated into Insperity's operations, enhancing productivity and service quality, and positioning the company well for future opportunities in the HR sector.

Negative

The average number of paid worksite employees decreased by 1.0% compared to Q1 2025, coming in at the low end of the forecasted range.
Worksite employees paid from new client sales declined by 7% compared to Q1 2025, indicating challenges in new client acquisition.
Client attrition was at the higher end of historical levels, totaling 11% in Q1 2026, which could impact future growth.
The effective income tax rate for adjusted EPS was significantly higher at 41% versus 29% in Q1 2025, negatively impacting adjusted EPS.
The company revised its unit growth forecast down due to weakening small business economic sentiment and the impact of their margin recovery plan on new client sales and retention.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NSP.N - Insperity Inc
Q1 2026 Insperity Inc Earnings Call
Apr 30, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day. My name is Ali, and I will be your conference operator today.

I would like to welcome everyone to the Insperity First Quarter 2026 Earnings Conference Call.

At this time, all participants are in a listen-only mode, and a question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press *0 on your telephone keypad.

And please note, this conference call is being recorded.

At this time, I would like to introduce today's speakers. Joining us are Paul Sarvati, Chairman of the Board and Chief Executive Officer, and Jim Allison, Executive Vice President of Finance, Chief Financial Officer, and Treasurer.

At

Already have an account? Log in

Get the full story

Subscribe Now

	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...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.