Insight Enterprises Q2 Earnings Call Highlights

Insight Enterprises Q2 Earnings Call Highlights Written by MarketBeat August 7, 2026 Add As Preferred Source Share Share Share This Article Link copied to clipboard. Close Image from MarketBeat Media, LLC. Key Points Strong second-quarter performance: Revenue rose 15% to $2.4 billion, while adjusted EBITDA increased 29% to $190 million and adjusted EPS climbed 44% to $3.86. Growth was broad-based across hardware, cloud and services, lifting total gross margin to 21.7%. Raised 2026 outlook and strategic focus: Insight increased its gross-profit-growth forecast to 8%-10% and adjusted EPS guidance to $12.20-$12.70. Its three-year “One Insight Plan” targets AI infrastructure and services, operational efficiency and talent development. Capital allocation favors buybacks over acquisitions: The company repurchased $75 million of shares in the quarter and plans to use the remaining $149 million authorization by year-end, while continuing to pause M&A. Management remains cautious about fourth-quarter growth due to memory-price increases, supply-chain risks and macroeconomic uncertainty. MarketBeat previews top five stocks to own in September . Marvell Shares Gap Down: Is AI Sentiment Changing? Insight Enterprises NASDAQ: NSIT reported second-quarter results that exceeded its expectations, with broad-based growth in hardware, cloud and services helping drive operating leverage. The company raised its full-year outlook for gross profit growth and adjusted diluted earnings per share while outlining a three-year “One Insight Plan” centered on AI infrastructure, AI services, operational efficiency and talent development. For the quarter ended June 30, net revenue increased 15% year over year to $2.4 billion, or 14% on a constant-currency basis. Gross profit rose 18%, adjusted EBITDA increased 29% to $190 million, and adjusted diluted earnings per share climbed 44% to $3.86. Get Insight Enterprises alerts: Sign Up “Building on the momentum we established in the first quarter, we delivered broad-based growth across our business and generated strong operating leverage,” President and CEO Jack Azagury said. He said the results reflected demand for AI-ready infrastructure, cloud modernization, cybersecurity and services designed to help clients deploy AI applications. Hardware, Cloud and Services Contribute to Growth Hardware revenue increased 21% during the quarter, supported by double-digit growth in both devices and infrastructure. Azagury said infrastructure hardware revenue increased by more than 20%, reflecting demand for servers, storage and networking as customers modernize technology environments and prepare for AI workloads. Chief Financial Officer James Morgado said hardware gross profit grew 10%, though hardware gross margin declined 110 basis points because of pricing and client mix. During the question-and-answer session, management said device units declined by very low single digits, offset by higher average selling prices. Notebook unit volumes increased, while handheld and desktop units declined. Management said it expects device unit declines to continue for the next several quarters, but anticipates devices will continue growing with support from higher average selling prices, Windows 11 refresh activity and increased adoption of AI PCs. Infrastructure demand remained strong in both volume and pricing, according to Azagury. He said customers continue to invest in data centers, servers, storage and networking while balancing on-premises technology with cloud platforms. Asked whether enterprises were moving AI workloads back on premises for security, latency and cost reasons, Azagury said Insight was seeing support for that view. Cloud gross profit rose 39% to $171 million, driven by SaaS, infrastructure-as-a-service and security software contributions from the Sekuro acquisition. Core services gross profit increased 21% to $95 million, helped by acquisitions, modest organic growth and gross-margin expansion. North America gros...