EarningsQ2 2026 Earnings Report
CH:ASF Q2 2026 EPS Results
Actual EPSCHF0.28
Consensus EPSCHF0.26
Beat/MissBeat by +CHF0.02
One Year Ago EPSCHF0.22
CH:ASF Q2 2026 Revenue Results
Actual RevenueCHF1.40B
Expected RevenueCHF1.39B
Beat/MissBeat by +CHF11.87M
YoY Revenue Growth+1.69%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
CH:ASF Upcoming Earnings
Insperity's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:ASF Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call showed meaningful progress on margin recovery and operational efficiency—evidenced by improved gross profit trends, controlled operating expenses (ex-restructuring) and stable adjusted EBITDA—alongside promising early traction for HRScale and AI initiatives. Offsetting these positives were continued unit declines (worksite employees and new sales), a 17% drop in adjusted EPS driven in part by a higher effective tax rate and near-term restructuring and investment costs. Management reiterated full-year adjusted EBITDA guidance but lowered unit growth expectations due to weaker SMB sentiment and the deliberate margin-focused sales/renewal approach.Company Guidance
Adjusted EBITDA Beat and Stability
Adjusted EBITDA of $103.0M in Q1 2026, up 1% versus $102.0M in Q1 2025, and above the midpoint of the company's expected range; full-year adjusted EBITDA guidance reiterated at $170M–$230M.
Margin Recovery Progress
Total gross profit decreased only 3% to $302M in Q1 2026, a marked improvement from a 21% decline in Q4 2025, demonstrating early success of the margin recovery plan driven by pricing, plan design changes and the new UnitedHealthcare contract.
Gross Profit Per Worksite Employee Favorable
Gross profit per worksite employee was $332 per month in Q1 2026—slightly above forecast and within expectations—driven by lower-than-expected benefit costs and favorable client mix.
Benefit Cost Trend Improving
Benefit cost per covered employee rose 5% year-over-year in Q1 2026 versus a 9% increase experienced through 2025, reflecting improvement from client mix, plan design changes and the new UnitedHealthcare terms.
Operating Expense Control
Total operating expenses decreased 1% to $240M in Q1 2026; excluding a $9M restructuring charge (severance), operating expenses fell 5% year-over-year, indicating operational discipline.
HRScale Launch and Early Traction
HRScale beta clients onboarded (payroll/invoicing live in April) with signed commitments for nearly 6,000 worksite employees to be onboarded within the next six months; Q1 HRScale investment totaled $13M (8M opex, 5M capex).
Capital Return and Liquidity
Paid $23M in dividends and repurchased 171,000 shares for $4M in Q1 2026; ended the quarter with $36M adjusted cash and approximately $330M available borrowing capacity under the credit facility.
AI and Product Innovation Momentum
Active AI initiatives (internal deployments, HR360 agents, conversational reporting roadmap) with 62% of clients piloting/integrating AI; company reports internal productivity gains and expects AI to drive future demand for HR services.
CH:ASF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed