NSP

EX-99.1

2 a09302026-ex991earningsrel.htm

EX-99.1

Document

Exhibit 99.1

Insperity Announces Third Quarter Results

HOUSTON – October 29, 2026 – Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today reported results for the third quarter ended September 30, 2026. Insperity will be hosting a conference call today at 8:30 a.m. ET to discuss these results and our updated 2026 outlook and will be posting an accompanying presentation to our investor website at http://ir.insperity.com.

Financial highlights for the quarter reflect the company’s margin recovery improvement as follows:

•Q3 revenues up 2% on a 2% decline in average paid WSEEs to 307,265

•Q3 net loss improved 95% to $1 million; adjusted EBITDA up 210% to $31 million

•Q3 diluted EPS improved 96% to $(0.02); adjusted EPS improved 210% to $0.22

•YTD revenues up 2% on a 1% decline in average paid WSEEs to 305,359

•YTD net income up 38% to $36 million; adjusted EBITDA up 18% to $170 million

•YTD diluted EPS up 38% to $0.95; adjusted EPS up 13% to $1.85

•Repurchased 131,000 shares during the quarter at a total cost of $6 million

Third Quarter Results

“We delivered solid third-quarter financial results reflecting continued progress on our top priority of margin recovery, achieving a meaningful step towards restoring the earnings power of our business model,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “Looking forward, we believe AI has the potential to strengthen demand for Insperity’s comprehensive HR solutions as small and midsize businesses navigate this transformation. Our strategy combines the power of AI with the experience of our HR professionals to help our client businesses succeed, further strengthen our offering and deepen client relationships, which we believe will drive long-term growth and shareholder value.”

The average number of worksite employees (“WSEE”) paid per month decreased 2% from Q3 2025 to 307,265 WSEEs. Revenues in Q3 2026 increased 2% to $1.7 billion on a 4% increase in revenue per WSEE due to higher pricing, partially offset by the decrease in paid WSEEs.

Increased pricing drove a gross profit increase of 6% to $207 million in Q3 2026 and a gross profit per WSEE increase of 8% to $225. Our benefits costs per covered employee increased 4% over Q3 2025.

Operating expenses decreased 5% to $209 million in Q3 2026 over Q3 2025, primarily due to lower compensation related costs of reduced corporate staff.

Reported net loss improved 95% to $1 million and diluted EPS improved 96% to $(0.02). Adjusted EBITDA increased 210% to $31 million and adjusted EPS increased 210% to $0.22.

“We achieved a key milestone in our margin recovery plan with year-over-year growth in gross profit per worksite employee while continuing our operating expense discipline,” said James D. Allison, executive vice president of finance, chief financial officer and treasurer. “Taken together, these results produced a significant earnings rebound, further strengthening our financial position in alignment with our long-term capital allocation strategy.”

Year-to-Date Results

The average number of WSEEs paid per month decreased 1% from 2025 to 305,359 WSEEs. Revenues increased by 2% to $5.2 billion on a 3% increase in revenue per WSEE due to higher pricing, partially offset by the decrease in paid WSEEs.

Gross profit was flat at $726 million and gross profit per WSEE increased 1% to $264 as increased pricing outpaced a benefits costs per covered employee increase of 5% over YTD 2025.

Operating expenses declined 5% to $660 million as compared to the 2025 period primarily due to lower compensation related costs of reduced corporate staff.

Reported net income and diluted EPS both increased by 38% to $36 million and $0.95, respectively. Adjusted EBITDA increased 18% to $170 million and adjusted EPS increased 13% to $1.85.

Cash outlays in the first nine months of 2026 included the repurchase of approximately 302,000 shares of our common stock at a cost of $10 million, dividends totaling $69 million, and capital expenditures of $26 million. Adjusted cash at September 30, 2026 totaled $119 million and we had outstanding borrowings of $420 million under our credit facility.

2026 Guidance

The company also announced its updated guidance for 2026, including the fourth quarter of 2026. Please refer to the accompanying financial tables at the end of this press release for the reconciliation of non-GAAP financial measures to the comparable GAAP financial measures.

Q4 2026Full Year 2026

Average WSEEs paid306,000—308,000305,500—306,000

Year-over-year decrease(2.0)%—(1.4)%(1.5)%—(1.3)%

Adjusted EPS1 $0.07—$0.42$1.93—$2.28

Year-over-year increase112%—170%87%—121%

Adjusted EBITDA (in millions)$24—$44$194—$214

Year-over-year increase285%—438%48%—63%

1 Adjusted EPS reflects an effective tax rate of approximately 2

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EX-99.1

2 a03312026-ex991earningsrel.htm

EX-99.1

Document

Exhibit 99.1

Insperity Announces First Quarter Results

HOUSTON – April 30, 2026 – Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today reported results for the first quarter ended March 31, 2026. Insperity will be hosting a conference call today at 5:00 p.m. ET to discuss these results and our 2026 outlook and will be posting an accompanying presentation to our investor website at http://ir.insperity.com.

Highlights for the quarter included:

•Q1 revenues up 2% year-over-year

•Q1 average paid WSEEs down 1% to 303,049

•Q1 net income of $33 million; adjusted EBITDA of $103 million

•Q1 diluted EPS of $0.88; adjusted EPS of $1.31

First Quarter Results

“We are pleased with our Q1 financial results, which reflect the effectiveness of our efforts to overcome margin pressure experienced in 2025,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “We are working to reestablish growth momentum over the balance of the year and to capitalize on the opportunity we see ahead in the evolving AI landscape for Insperity’s strategic HR services, technology, and expertise.”

The average number of worksite employees (“WSEE”) paid per month decreased 1% from Q1 2025 to 303,049 WSEEs. Revenues in Q1 2026 increased 2% to $1.9 billion on a 3% increase in revenue per WSEE on higher pricing, partially offset by the decrease in paid WSEEs.

Gross profit decreased 3% to $302 million in Q1 2026, which represents a significant improvement compared to the 21% decline we experienced in Q4 2025. These results reflect our margin recovery efforts, including our pricing, and client renewal strategy, the new contract terms with UnitedHealthcare, plan design changes and a slightly lower than expected claim cost trend. Our benefits costs per covered employee increased 5% over Q1 2025.

Operating expenses decreased 1% to $240 million in Q1 2026, including $9 million in restructuring charges primarily related to severance associated with a workforce realignment. Excluding the restructuring charges, operating expenses decreased 5% over Q1 2025. Operating expenses included $8 million in Q1 2026 and $13 million in Q1 2025 related to our Workday strategic partnership.

Reported net income was $33 million and diluted EPS was $0.88. Adjusted EBITDA and adjusted EPS were $103 million and $1.31, respectively.

“We are pleased with our gross profit results and the progress we have made in our margin recovery plan, which we expect to continue throughout 2026,” said James D. Allison, executive vice president of finance, chief financial officer and treasurer. “Our operating expenses in the first quarter of 2026 were slightly better than expected, reflecting the actions we have taken to align our cost structure with the needs of our business and to support profitability recovery.”

Cash outlays in the first three months of 2026 included the repurchase of approximately 171,000 shares of our common stock at a cost of $4 million, dividends totaling $23 million, and capital expenditures of $6 million. Adjusted cash at March 31, 2026 totaled $36 million and we had outstanding borrowings of $370 million under our credit facility.

2026 Guidance

The company also announced its updated guidance for 2026, including the second quarter of 2026. Please refer to the accompanying financial tables at the end of this press release for the reconciliation of non-GAAP financial measures to the comparable GAAP financial measures.

Q2 2026Full Year 2026

Average WSEEs paid302,500—304,500303,000—307,000

Year-over-year decrease

(2.1)%—(1.5)%(2.3)%—(1.0)%

Adjusted EPS1 $0.02—$0.50$1.60—$2.60

Year-over-year increase (decrease)(92)%—92%55%—152%

Adjusted EBITDA (in millions)$18—$46$170—$230

Year-over-year increase (decrease)(44)%—44%30%—76%

1 Adjusted EPS reflects an effective tax rate of 28% in Q2 2026 and 36% for the full year 2026 and 38.5 million outstanding shares for both Q2 and full year 2026.

Definition of Key Metrics

Average WSEEs paid — Determined by calculating the company’s cumulative WSEEs paid during the period divided by the number of months in the period.

Adjusted EPS — Represents diluted net income per share computed in accordance with GAAP, excluding the impact of non-cash stock-based compensation and restructuring charge.

Adjusted EBITDA — Represents net income computed in accordance with GAAP, plus interest expense, income taxes, depreciation and amortization expense, amortization of SaaS implementation costs, non-cash stock-based compensation, and restructuring charge.

Conference Call and Webcast

Insperity will be hosting a conference call today at 5:00 p.m. ET to discuss these results and the guidance discussed in this press release, and answer questions from investment analysts. To listen in, call 877-545-0523 and use conference i.d. number 830