Insight Enterprises Q4 Revenue Drops 1.2% to $2.05B as EPS Beats at $2.96
Insight Enterprises reported Q4 revenue of $2.05 billion, down 1.2% year over year and missing consensus by 1.7%, while EPS rose to $2.96 from $2.66, a 4.97% beat. Services sales climbed 11.2% to $468.15 million, offsetting a 4.3% drop in product sales to $1.58 billion.
1. Q4 Financial Results
Insight Enterprises generated $2.05 billion in revenue for Q4, marking a 1.2% year-over-year decline and missing the $2.08 billion estimate by 1.7%. EPS came in at $2.96, up from $2.66 a year ago and 4.97% above the $2.82 consensus.
2. Services vs Products Performance
Services segment revenue reached $468.15 million, an 11.2% increase versus the two-analyst estimate of $445.39 million. Product sales fell 4.3% year over year to $1.58 billion, below the $1.64 billion estimate.
3. Gross Profit Metrics
Product gross profit stood at $181.75 million, slightly above the $180.91 million forecast, while services gross profit surged to $296.68 million versus the $266.33 million estimate, highlighting margin strength in higher-value offerings.
4. Market Reaction and Outlook
Despite the revenue miss, the EPS beat and robust services performance drove shares higher over the session. Investors will watch service-led growth and product recovery as key catalysts for the next quarter.