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Q1: 2026-04-30 Earnings Summary

EPS of $1.31 beats by $0.08

 | Revenue of $1.90B (1.72% Y/Y) beats by $1.69M

Insperity, Inc. (NSP) Q1 2026 Earnings Call April 30, 2026 5:00 PM EDT

Company Participants

James Allison – Executive VP of Finance, CFO & Treasurer
Paul Sarvadi – Co-Founder, Chairman & CEO

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Conference Call Participants

Daniel Maxwell – William Blair & Company L.L.C., Research Division
Jeff Martin – ROTH Capital Partners, LLC, Research Division
Mark Marcon – Robert W. Baird & Co. Incorporated, Research Division
Tobey Sommer – Truist Securities, Inc., Research Division
Brendan Biles – JPMorgan Chase & Co, Research Division

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Presentation

Operator

Good day. My name is Ali, and I will be your conference operator today. I would like to welcome everyone to the Insperity First Quarter 2026 Earnings Conference Call. [Operator Instructions] And please note, this conference call is being recorded.

At this time, I would like to introduce today’s speakers. Joining us are Paul Sarvadi, Chairman of the Board and Chief Executive Officer; and Jim Allison, Executive Vice President of Finance, Chief Financial Officer and Treasurer.

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At this time, I’d like to turn the call over to Jim Allison. Mr. Allison, please go ahead.

James Allison
Executive VP of Finance, CFO & Treasurer

Thank you. We appreciate you joining us today. Let me begin by outlining our plan for this afternoon’s call. First, I’m going to discuss the details behind our first quarter 2026 financial results. Paul will then comment on 3 strategic initiatives in 2026: Our margin recovery plan, our efforts to rebuild growth momentum, including the HRScale rollout and our AI initiatives. I will return to provide financial guidance for the second quarter and full year 2026. We will then end the call with a question-and-answer session.

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Before we begin, I would like to remind you that Paul or I may make forward-looking statements during today’s call, which are subject to risks, uncertainties and assumptions. In addition, some of our discussion may

Gold prices were trading almost flat in the international market on Friday, but the yellow metal is on track to record a nearly 2% weekly loss. This comes as oil prices briefly skyrocketed to $126 per barrel, fuelling inflation worries and reinforcing expectations of higher interest rates for longer.

Spot gold prices were steady at around $4,620 per ounce on Friday morning. US ⁠gold futures for June delivery rose 0.1% to $4,632.70. This came after gold prices dropped to a one-month low on Wednesday.

Notably, MCX is closed in the morning session today on account of Maharashtra Day. Earlier on Thursday, gold futures with June expiry on the exchange closed around Rs 114 higher at Rs 1,51,225 per 10 grams. The contracts with August expiry also closed marginally higher at Rs 1,54,390 per 10 grams.

Iran-US war

After hitting as high as $126 per barrel on Thursday, oil prices cooled down but continued to remain elevated above $110 per barrel today. This comes as the war between Iran and the US entered its third month, with the Strait of Hormuz continuing to remain choked and keeping investors on edge.

US President Donald Trump said that the military blockade of Iranian ports could last for months. A report by Reuters, citing officials, hinted that the US President may be planning a series of fresh military strikes to compel Iran to negotiate an end to the conflict.
Iran, meanwhile, said that it would respond with “long and painful strikes” on US positions if Washington renewed its strikes. Iranian Foreign Ministry spokesman Esmaeil Baghaei stated that it was not reasonable to expect quick results from US talks, according to the official IRNA news agency. “Expecting to reach a result in a short time, regardless of who the mediator is, in my opinion, is not very realistic,” he was quoted as saying.

What lies ahead?

“In the near term, gold is expected to remain volatile and range-bound, with support near Rs 1,48,000 and resistance around Rs 1,52,000,” said Jateen Trivedi, VP Research Analyst of Commodity and Currency at LKP Securities.

Also read: FPIs pull out Rs 60,847 cr in Apr; outflows hit Rs 1.92 lakh cr in first four months of 2026

Gold prices fell as oil prices rose, suggesting that the market is fearing increasing inflation and a potential central bank reaction more than rising growth risks, said Carsten Menke, Head Next Generation Research at Julius Baer. “Such short-term and sometimes sharp swings typically mirror moves in the paper market, not the physical market. They are the result of position squaring by speculative futures traders and trend followers, not safe-haven seekers,” he said.

Deutsche Bank, Germany’s leading international investment bank, recently predicted that the bullion’s share in global central bank reserves could increase to 40%, up from around 30% currently. Based on this scenario, the bank’s calculations indicate that gold prices could climb to $8,000 an ounce within five years, implying nearly 80% upside from current levels.

(With inputs from agencies)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392 as of Friday.

The current figure is a whopping $0.333 higher than the week-ago average price of $4.059, according to AAA. The year-ago average for regular gas was just $3.187.

However, the highest recorded AAA national average regular gas price was $5.016 on June 14, 2022, which was during President Joe Biden’s White House tenure.

GAS PRICES SOAR TO HIGHEST POINT SO FAR DURING UNSETTLED CONFLICT WITH IRAN

Fox News Digital reached out to the White House for comment on Friday.

The U.S. conflict with Iran remains unresolved, and the Trump administration has been enforcing a blockade on Iranian ports.

Oil prices are currently elevated. Brent Crude international futures were over $111 a barrel and West Texas Intermediate U.S. futures over $105 per barrel during early trading, Barron’s reported on Friday morning.

US SHRIMPERS FACE ‘DOUBLE WHAMMY’ FROM SOARING FUEL COSTS, TARIFF REFUNDS

“Right now there are 41 tankers with 69 million barrels of oil that the Iranian regime can’t sell. That’s an estimated $6 billion-plus from which Iran’s leadership cannot financially benefit. The blockade is highly effective and U.S. forces remain fully committed to total enforcement,” U.S. Central Command Commander Adm. Brad Cooper declared in a statement issued on Wednesday.

“Minnesotans are paying the price for this administration’s war with Iran as gas prices rise and squeeze families, small businesses, and farmers across our state,” U.S. Sen. Amy Klobuchar, D-Minn., who is running for governor, declared in a Thursday post on X.

Democratic Sen. Mark Kelly of Arizona declared in a Thursday post on X, “The Trump Administration’s war in Iran is driving up gas prices and sending summer travel costs through the roof. I’m focused on lowering costs and putting money back in Americans’ pockets so that taking your family on a road trip doesn’t break the bank.”

US ECONOMIC GROWTH BOUNCES BACK, AS AI BUILDOUT AND CONSUMER SPENDING FUEL FIRST QUARTER

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“Gas prices just hit a wartime high, inflation is up, & Americans are feeling the pinch of higher prices. But Senate Republicans for the SIXTH time blocked a resolution requiring Congress to approve further military action against Iran. Their silence is an endorsement of the President’s questionable strategy,” Sen. Dick Durbin, D-Ill., declared in a Thursday post on X.

The “Senate Republicans” X account fired back at Durbin’s comments, declaring, “Under Biden and Democrats, gas prices were above $5 per gallon and inflation was over 9% — much higher than today. Senator Durbin didn’t care about inflation then, and he doesn’t now. He’s just looking for any excuse to side with the terrorist Iranian regime over our military.”