Insperity (NSP) Gross Margin (2009 - 2026)
Insperity (NSP) recorded quarterly Gross Margin of 15.94% in Q1 2026, up 54.55% quarter-over-quarter from 10.31% in Q4 2025, and down 70.0% on a YoY basis from 53.12% in Q1 2025.
Insperity (NSP) Gross Margin (2009 - 2026) Analysis & Trends
Insperity's Gross Margin history runs 18 years deep, the most recent figure standing at 15.94% for Q1 2026.
- In Q1 2026, Gross Margin fell 70.0% year-over-year to 15.94%; the TTM figure through Mar 2026 stood at 13.03% (down 228.0% YoY), while the FY2025 annual figure was 13.21%, down 277.0% from the prior year.
- Gross Margin was 15.94% for Q1 2026 at Insperity, up from 10.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 19.15% in Q1 2024 to a low of 10.31% in Q4 2025.
- Historically, Gross Margin has averaged 15.5% across 5 years, with a median of 16.16% in 2022.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 295 bps in 2022, then plunged 320 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 16.16% in 2022, then retreated by 13 bps to 14.05% in 2023, then fell by 4 bps to 13.52% in 2024, then fell by 24 bps to 10.31% in 2025, then soared by 55 bps to 15.94% in 2026.
- The last three Gross Margin figures came in at 15.94% (Q1 2026), 10.31% (Q4 2025), and 12.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 99.98% |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | 36.91% |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 94.37% |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | 16.03% |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | 15.94% |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | 14.07% |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | 27.26% |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | 18.87% |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | 19.83% |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.94% |
| Dec 31, 2025 | 10.31% |
| Sep 30, 2025 | 12.01% |
| Jun 30, 2025 | 13.45% |
| Mar 31, 2025 | 16.64% |
| Dec 31, 2024 | 13.52% |
| Sep 30, 2024 | 14.67% |
| Jun 30, 2024 | 16.20% |
| Mar 31, 2024 | 19.15% |
| Dec 31, 2023 | 14.05% |
| Sep 30, 2023 | 16.63% |
| Jun 30, 2023 | 14.20% |
| Mar 31, 2023 | 18.76% |
| Dec 31, 2022 | 16.16% |
| Sep 30, 2022 | 16.99% |
| Jun 30, 2022 | 16.75% |
| Mar 31, 2022 | 18.11% |
| Dec 31, 2021 | 13.21% |
| Sep 30, 2021 | 16.41% |
| Jun 30, 2021 | 16.83% |