Insperity, Inc. has recently released its 10-K report, revealing a focus on providing human resources and business solutions for small and medium-sized businesses primarily in the United States. The company offers HR services through its workforce optimization and workforce synchronization solutions, including payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services. Additionally, Insperity provides a cloud-based human capital management platform, professional employer organization HR outsourcing solutions, people management services, employer liability management services, and solutions for middle market. The company also offers human capital management and payroll services solution, integrated payroll, benefits administration, HR administration and employee onboarding, time and attendance, performance management, reporting and analytics, recruiting, employment screening, retirement, and insurance services.
In the 10-K report, the company's management discusses the financial performance for 2025. The average number of worksite employees paid per month increased by 1% to 310,089, leading to a 4% increase in revenues. However, gross profit decreased by 14% to $900 million, primarily due to a 15% decrease in gross profit per worksite employee, partially offset by a 1% increase in the average number of worksite employees paid per month. Operating expenses decreased by 3% in 2025 to $910 million, including decreases in professional services, travel and event costs, and salary and wages. Net income and diluted earnings per share both decreased by 108% to $(7) million and $(0.19), respectively. Adjusted net income and adjusted EPS also decreased by 71% to $39 million and $1.03, respectively. Adjusted EBITDA decreased by 51% to $131 million. The company ended 2025 with working capital of $102 million and paid $90 million in dividends, repurchased approximately 232,000 shares of common stock at a cost of $19 million, and paid $31 million in capital expenditures. Following these announcements, the company's shares moved 0.58%, and are now trading at a price of $46.59. If you want to know more, read the company's complete 10-K report here.
