Insperity Inc (STU:ASF)

Q2 2026 Insperity Inc Earnings Call Transcript

Jul 29, 2026 / 09:00 PM GMT

Release Date Price: €46.2 (+1.32%)

Transcript 8-K

Key Points

Positve

Adjusted EPS and EBITDA exceeded the midpoint of guidance, with year-over-year increases of 31% and 13% respectively.
Worksite employee count outperformed expectations, driven by higher-than-expected net hiring within the client base.
HR Scale formally launched with beta clients, and nearly 8,000 worksite employees sold, including some over 1,000 employees.
Client confidence remains resilient, with 63% expecting their businesses to perform better in 2026 than 2025.
AI strategy is advancing, with the Compass AI engine and HR 360 agent improving service delivery and client insights.

Negative

Worksite employee count declined 1.1% year-over-year, with sales and retention at the lower end of typical ranges.
Gross profit per worksite employee decreased 1% due to higher workers' compensation costs and lower actuarial reserve adjustments.
Benefits cost per covered employee increased 5.2% year-over-year, reflecting elevated healthcare cost trends.
Full-year EBITDA guidance range of $185M to $225M is wider than historical norms due to uncertainty in healthcare costs.
Operating expenses decreased partly due to lower headcount, indicating cost-cutting measures that may impact growth capacity.

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

NSP.N - Insperity Inc
Q2 2026 Insperity Inc Earnings Call
Jul 29, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon, my name is John, and I will be your conference operator today.

I would like to welcome everyone to the Insperity second quarter 2026 earnings conference call.

At this time, all participants are in a listen-only mode.

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.

Please note this conference is being recorded.

At this time, I would like to introduce today's speakers.

Joining us are Paul Servati, 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.