Insight Enterprises (NSIT) financial statements
Insight Enterprises reported revenue of $8.2B in fiscal 2025, up 4.6% a year over 9 years.
Net income was $157M and the operating margin 4.1%, against 2.7% in 2016.
Free cash flow was $279M, and the company returned $151M in net buybacks.
The diluted share count fell 11% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Insight Enterprises's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5B | $6.7B | $7.1B | $7.7B | $8.3B | $9.4B | $10.4B | $9.2B | $8.7B | $8.2B |
| Cost of revenue | $4.7B | $5.8B | $6.1B | $6.6B | $7.0B | $8.0B | $8.8B | $7.5B | $6.9B | $6.5B |
| Gross profit | $743M | $919M | $994M | $1.1B | $1.3B | $1.4B | $1.6B | $1.7B | $1.8B | $1.8B |
| Selling, general and admin | $585M | $723M | $757M | $881M | $1.0B | $1.1B | $1.2B | $1.2B | $1.3B | $1.4B |
| Operating income | $149M | $179M | $233M | $241M | $272M | $332M | $414M | $420M | $389M | $335M |
| Interest expense | $9M | $18M | $22M | $28M | $42M | $41M | $39M | $41M | $58M | $85M |
| Pre-tax income | $139M | $159M | $212M | $212M | $228M | $293M | $374M | $378M | $333M | $226M |
| Income tax | $55M | $68M | $48M | $52M | $56M | $73M | $94M | $97M | $83M | $68M |
| Net income | $85M | $91M | $164M | $159M | $173M | $219M | $281M | $281M | $250M | $157M |
| EPS (diluted) | $2.32 | $2.50 | $4.55 | $4.43 | $4.87 | $5.95 | $7.66 | $7.55 | $6.55 | $4.86 |
| Diluted shares | 36M | 36M | 36M | 36M | 35M | 37M | 37M | 37M | 38M | 32M |
| Gross margin | 13.5% | 13.7% | 14.0% | 14.7% | 15.6% | 15.3% | 15.7% | 18.2% | 20.3% | 21.4% |
| Operating margin | 2.7% | 2.7% | 3.3% | 3.1% | 3.3% | 3.5% | 4.0% | 4.6% | 4.5% | 4.1% |
| Net margin | 1.5% | 1.4% | 2.3% | 2.1% | 2.1% | 2.3% | 2.7% | 3.1% | 2.9% | 1.9% |
Balance sheet
Fiscal years, from Insight Enterprises's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $203M | $106M | $143M | $115M | $128M | $104M | $164M | $269M | $259M | $358M |
| Receivables | $1.4B | $1.8B | $1.9B | $2.5B | $2.7B | $2.9B | $3.3B | $3.6B | $4.2B | $5.5B |
| Inventory | $148M | $195M | $149M | $191M | $186M | $328M | $265M | $185M | $123M | $161M |
| Total current assets | $2.0B | $2.3B | $2.3B | $3.0B | $3.2B | $3.6B | $3.9B | $4.3B | $4.8B | $6.4B |
| Property, plant and equipment | $71M | $75M | $73M | $131M | $146M | $176M | $204M | $210M | $216M | $188M |
| Goodwill | $63M | $131M | $167M | $415M | $429M | $428M | $493M | $684M | $894M | $1.2B |
| Total assets | $2.2B | $2.7B | $2.8B | $4.2B | $4.3B | $4.7B | $5.1B | $6.3B | $7.4B | $9.1B |
| Total current liabilities | $1.4B | $1.5B | $1.5B | $1.9B | $2.2B | $2.5B | $2.9B | $3.4B | $4.1B | $5.1B |
| Long-term debt | $40M | $297M | $196M | $858M | $438M | $362M | $292M | $593M | $531M | $1.4B |
| Total liabilities | $1.5B | $1.8B | $1.8B | $3.0B | $3.0B | $3.2B | $3.5B | $4.6B | $5.7B | $7.4B |
| Shareholders' equity | $713M | $843M | $987M | $1.2B | $1.3B | $1.5B | $1.6B | $1.7B | $1.8B | $1.6B |
| Net debt | -$163M | $191M | $53M | $743M | $309M | $258M | $128M | $324M | $272M | $1.0B |
Cash flow
Fiscal years, from Insight Enterprises's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $96M | -$307M | $293M | $128M | $356M | $164M | $98M | $620M | $633M | $304M |
| Capital spending | $12M | $19M | $17M | $69M | $24M | $52M | $71M | $39M | $47M | $25M |
| Free cash flow | $84M | -$326M | $275M | $59M | $331M | $112M | $27M | $580M | $586M | $279M |
| Stock-based compensation | $11M | $13M | $15M | $16M | $18M | $18M | $23M | $29M | $34M | $34M |
| Share buybacks (net) | -$50M | — | -$22M | -$28M | -$25M | -$50M | -$108M | -$217M | -$200M | -$151M |
| Net borrowing | — | $166M | -$166M | — | — | — | — | — | — | — |
| Free cash flow margin | 1.5% | -4.9% | 3.9% | 0.8% | 4.0% | 1.2% | 0.3% | 6.3% | 6.7% | 3.4% |
Questions
What was Insight Enterprises's revenue in 2025?
$8.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Insight Enterprises generate?
$279M in fiscal 2025 (operating cash flow minus capital spending).
From Insight Enterprises's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.