Insperity, Inc. reported financial results for the third quarter ended September 30, 2026, highlighting progress in its margin recovery strategy. The company reported a net loss of $1 million for the quarter, a 95% improvement compared to the prior year period. Diluted earnings per share (EPS) improved 96% to $(0.02).
Revenue for the quarter increased 2% to $1.7 billion. This growth was driven by a 4% increase in revenue per worksite employee (WSEE), partially offset by a 2% decline in the average number of paid WSEEs to 307,265. Gross profit increased 6% to $207 million, with gross profit per WSEE rising 8% to $225. Operating expenses decreased 5% to $209 million, primarily due to lower compensation-related costs from reduced corporate staff.
Year-to-date results for 2026 show revenues of $5.2 billion, a 2% increase. Reported net income was $36 million, up 38% from the prior year. Adjusted EBITDA for the year increased 18% to $170 million, while adjusted EPS increased 13% to $1.85.
During the third quarter, Insperity repurchased 131,000 shares of common stock at a total cost of $6 million. The company also announced updated guidance for the remainder of 2026. For the fourth quarter of 2026, Insperity expects adjusted EPS of $0.07 and adjusted EBITDA of $24 million. For the full year 2026, the company projects adjusted EPS of $2.28 and adjusted EBITDA of $214 million.
