Filing Flows › Insight Enterprises (NSIT) › Q1 2025
Insight Enterprises (NSIT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Insight Enterprises (NSIT) reported revenue of $2.1B for the first quarter 2025 (Q1 2025), -12% from a year earlier and +1% from the quarter before. Operating margin was 2.9%, net earnings $7.5M (0.4% of revenue).
Insight Enterprises, Q1 2025: revenue $2.1B (-12% year over year), operating margin 2.9%, net earnings $7.5M, operating cash flow $78.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +1% | -12% |
| Gross profit | $406M | -8% | -8% |
| Operating profit | $60.1M | -7% | -40% |
| Net earnings | $7.5M | -80% | -89% |
| Operating cash flow | $78.0M | -64% | -68% |
| Free cash flow | $70.9M | -65% | -71% |
What changed
Revenue was $2.1B in Q1 2025, down 12% year over year and up 1% from the previous quarter. Hardware was the largest line at 54% of revenue. Services lost $0.02B year over year (down 5%), 7% of the total change.
Gross margin was 19.3%, up 0.8 points from a year earlier. Operating profit was $0.06B, a 2.9% margin (down 1.3 points year over year). Operating expenses grew 2% against a revenue fall of 12%. The fastest-growing cost line was Other operating costs (+105%). Net earnings were $0.01B, down 89% year over year. The effective tax rate was 60.5%.
Operating cash flow was $0.08B (down 68% year over year), 1039% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.01B left free cash flow of $0.07B.
Questions
What was Insight Enterprises' revenue in the first quarter 2025?
Insight Enterprises (NSIT) reported revenue of $2.1B for the first quarter 2025 (Q1 2025), -12% from a year earlier and +1% from the quarter before.
Was Insight Enterprises profitable in the first quarter 2025?
Operating profit was $60.1M (2.9% of revenue) and net earnings $7.5M.