Filing Flows › Insperity (NSP) › Q1 2025
Insperity (NSP) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Insperity (NSP) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +3% from a year earlier and +15% from the quarter before. Operating margin was 3.7%, net earnings $51.0M (2.7% of revenue).
Insperity, Q1 2025: revenue $1.9B (+3% year over year), operating margin 3.7%, net earnings $51.0M, operating cash flow −$443M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +15% | +3% |
| Gross profit | $310M | +42% | -10% |
| Operating profit | $68.0M | — | -37% |
| Net earnings | $51.0M | — | -35% |
| Operating cash flow | −$443M | — | — |
What changed
Revenue was $1.9B in Q1 2025, up 3% year over year and up 15% from the previous quarter.
Gross margin was 16.6%, down 2.5 points from a year earlier. Operating profit was $0.07B, a 3.7% margin (down 2.3 points year over year). Operating profit fell $0.04B even though revenue rose $0.06B versus a year earlier, so costs grew faster than sales. Operating expenses grew 2% against revenue growth of 3%. Net earnings were $0.05B, down 35% year over year. The effective tax rate was 29.2%.
Operating cash flow was −$0.44B. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.52B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.45B.
Questions
What was Insperity's revenue in the first quarter 2025?
Insperity (NSP) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +3% from a year earlier and +15% from the quarter before.
Was Insperity profitable in the first quarter 2025?
Operating profit was $68.0M (3.7% of revenue) and net earnings $51.0M.
Source: Insperity 10-Q on SEC EDGAR.