{"schema_version":"secwatch.filing_event.v1","accession":"0001000753-23-000037","form_type":"8-K","ticker":"NSP","cik":"0001000753","company_name":"INSPERITY, INC.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.810948+00:00","generated_at":"2026-06-12T16:24:23.309883+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Insperity Q2 net income plunges 62%, adjusted EPS $0.64 vs $1.16 prior year; healthcare costs spike","bullets":["Q2 net income $12.9M ($0.33 EPS) down 62% YoY; adjusted EPS $0.64 down 45%.","Revenue $1.6B (+11% YoY) on 7% increase in paid worksite employees to 311,304.","Gross profit fell 6.3% to $224.6M on substantially higher-than-expected benefits costs; large claims drove 75% of increase.","Adjusted EBITDA down 32% to $50.9M; YTD adjusted EBITDA up 5% to $203.3M.","Board authorized additional 2M share repurchase; FY2023 guidance updated to reflect elevated healthcare costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001000753-23-000037","json":"https://secwatch.observer/filing/0001000753-23-000037.json","markdown":"https://secwatch.observer/filing/0001000753-23-000037.md","text":"https://secwatch.observer/filing/0001000753-23-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000753/000100075323000037/0001000753-23-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000753/000100075323000037/nsp-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T16:24:23.309883+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0cc24dfcfca17e5dfd9fe5db720e6d34441540c6","claim":"INSPERITY, INC. reported the first six months of 2023 results: revenue $3.4 billion, net income $107.5 million, EPS $2.78.","evidence_excerpt":"32.2% to $50.9 million. Year-to-Date Results The average number of WSEEs paid per month increased 8.6% over 2022 to 308,998 WSEEs. Revenues in 2023 increased by 11.5% to $3.4 billion on the 8.6% increase in paid WSEEs and a 2.6% increase in revenue per WSEE. Gross profit increased 5.9% on the increase in paid WSEEs and a decrease of 2.6% on a per WSEE per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000753/000100075323000037/0001000753-23-000037-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first six months of 2023"},{"label":"Revenue","value":"$3.4 billion"},{"label":"Net income","value":"$107.5 million"},{"label":"EPS","value":"$2.78"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f0024b74df31443fa9ba9ae89b21fafa498604a8","claim":"INSPERITY, INC. reported the second quarter ended June 30, 2023 results: revenue $1.6 billion, net income $12.9 million, EPS $0.33.","evidence_excerpt":"net hiring in our client base, although Q2 2023 came in slightly lower than forecast and at approximately 50% of Q2 2022 levels. Revenues in Q2 2023 increased 10.7% to $1.6 billion on the 7.2% increase in paid WSEEs and a 3.3% increase in revenue per WSEE. Gross profit decreased 6.3% over Q2 2022 to $224.6 million on substantially higher-than-expected","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000753/000100075323000037/0001000753-23-000037-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.6 billion"},{"label":"Net income","value":"$12.9 million"},{"label":"EPS","value":"$0.33"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}