NSITNasdaqRetail-Catalog & Mail-Order HousesUS GAAP · USD

Insight Enterprises, Inc

Insight Enterprises is a U.S.-based solutions integrator that helps organizations buy, deploy, and manage technology across hardware, software, cloud, and related services. The company combines e-commerce, vendor partnerships, and technical expertise to support digital transformation for enterprise and public-sector clients across North America, EMEA, and APAC.

Revenue8,247m USD
−5.2 %y/y
Operating profit (EBIT)335m USD
−13.8 %y/y
EBIT margin4.1%
−0.4 ppy/y
Net income157m USD
−37.0 %y/y
Free cash flow279m USD
−52.3 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

0.02.55.07.510.012.5bn USD2020: 8.3 bn USD2020: EBIT 0.27 bn USD20202021: 9.4 bn USD2021: EBIT 0.33 bn USD20212022: 10.4 bn USD2022: EBIT 0.41 bn USD20222023: 9.2 bn USD2023: EBIT 0.42 bn USD20232024: 8.7 bn USD2024: EBIT 0.39 bn USD20242025: 8.2 bn USD2025: EBIT 0.33 bn USD20258.20.33
RevenueOperating profit (EBIT)

Business

Share of revenue
Hardware45 %

Client-facing IT hardware sales and procurement, especially in North America and parts of EMEA/APAC.

Software30 %

Software licenses, subscriptions, and related software procurement and advisory services.

Services20 %

Integration, consulting, managed, and implementation services tied to client technology projects.

Cloud Solutions5 %

Cloud and hybrid infrastructure offerings delivered directly or through partner ecosystems.

Products

Reported · share of revenue
56.1%23.0%20.8%FY2025100 %
  • Hardware56.1 %
  • Software23.0 %
  • Services20.8 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Insight sells primarily to business clients that need help sourcing and implementing technology rather than just buying products. Its customer base spans large enterprises, corporate accounts, and other organizations modernizing infrastructure, security, workplace, and cloud environments. The company also serves clients across multiple regions, which makes local delivery capability and partner access important to winning and retaining accounts.

Large enterprise and corporate clients

Buy hardware, software, and services for broad IT modernization programs and ongoing procurement needs.

Mid-market and commercial organizations

Buy packaged technology solutions and support services to upgrade infrastructure and productivity tools.

Public sector and regulated organizations

Buy secure, compliant technology solutions and integration support for mission-critical environments.

International clients

Buy regionally delivered software, cloud, and services through Insight's EMEA and APAC footprint.

Strategy

Insight's strategy is to expand beyond product resale into higher-value services, cloud, cybersecurity, and digital transformation work that deepens client relationships. The company also uses acquisitions to add capabilities and broaden its solution set, while leveraging its e-commerce platform and partner ecosystem to scale delivery across regions.

Grow services and solution mixMedium term

Higher-value services improve differentiation and reduce exposure to hardware price pressure.

Acquire complementary capabilitiesMedium term

Acquisitions can add technical talent, service offerings, and customer relationships faster than organic buildout.

Strengthen partner ecosystemShort term

Vendor access and incentives affect product availability, pricing, and competitiveness.

Geography

2025

Insight operates through three regional segments: North America, EMEA, and APAC. North America is the core market at 81% of 2025 consolidated net sales, while EMEA contributed 16% and APAC 3%. The company is headquartered in Chandler, Arizona, and its international mix exposes it to currency, trade, and regulatory differences across markets.

United States75 %
Other countries (US filing)16 %
United Kingdom8.3 %

Share of the revenue the company reports by geography.

Risks

Insight faces intense competition from resellers, systems integrators, and even the manufacturers and publishers whose products it sells. Its mix of hardware, software, and services also exposes it to pricing pressure, partner dependence, foreign exchange volatility, and execution risk as it expands into more complex solution areas such as AI and cloud.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Partner dependence and channel conflict1Competitive pressure from resellers, integrators, and vendors2AI solution liability and performance risk3Foreign exchange and international operating risk4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Partner dependence and channel conflictImpact: HighLikelihood: High

    Manufacturers and publishers can change incentives, availability, or sell directly to customers.

    Exposure: Vendor relationships and margin mix

  2. Competitive pressure from resellers, integrators, and vendorsImpact: HighLikelihood: Medium

    The IT market is fragmented and price, delivery speed, and solution breadth drive wins.

    ExposureHardwareSoftwareServices across all regions
  3. AI solution liability and performance riskImpact: HighLikelihood: Medium

    Gen AI and agentic AI offerings may produce errors, bias, latency, or security issues.

    Exposure: Emerging AI-related services

  4. Foreign exchange and international operating riskImpact: MediumLikelihood: High

    EMEA and APAC results are exposed to currency swings, regulation, tariffs, and local market conditions.

    Exposure: Non-U.S. operations

Accounting

Judgemental items
Revenue recognition across mixed offerings

Bundled hardware, software, cloud, and services may have different recognition timing and margin profiles.

Impact: Can shift quarterly revenue and gross profit mix

Acquisition accounting and intangible amortization

Recent acquisitions add amortization and integration costs that affect GAAP earnings.

Impact: Impacts operating income and non-GAAP reconciliation

Earnout liabilities and fair value remeasurement

Contingent consideration can create gains or losses as assumptions change.

Impact: Can create volatility in other income/expense

Restructuring and severance provisions

Transformation and workforce actions create recurring non-core charges in some periods.

Impact: Affects comparability of operating margins

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Insight Enterprises, Inc (NSIT) Revenue, Earnings & Financials 2025 – Clarifo