---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-014760"
form_type: "8-K"
ticker: "NSIT"
cik: "0000932696"
company_name: "INSIGHT ENTERPRISES INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:28:06.422095+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Insight Q1 net sales down 12% to $2.3B, gross margin expands 250bps, adjusts EPS -2%

## Summary
- Net sales of $2.3B, down 12% YoY; North America -11%, EMEA -20%, APAC +15%.
- Gross profit $391.3M (+3%), margin 16.8% ( +250 bps); NA record 17.2%.
- Diluted EPS $1.34 (-12%); adjusted diluted EPS $1.78 (-2% YoY).
- Cloud gross profit up 38% YoY; cash from operations $160.2M.
- Company confirms full-year 2023 guidance.

## SEC filing metadata
- accession: 0001628280-23-014760
- form_type: 8-K
- ticker: NSIT
- cik: 0000932696
- company_name: INSIGHT ENTERPRISES INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932696/000162828023014760/0001628280-23-014760-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932696/000162828023014760/nsit-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-014760
- JSON: https://secwatch.observer/filing/0001628280-23-014760.json
- Plain text: https://secwatch.observer/filing/0001628280-23-014760.txt

## Key facts
- Earnings Releases
  INSIGHT ENTERPRISES INC reported the quarter ended March 31, 2023 results: revenue $2.3 billion, net income $50.0 million, EPS $1.34. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $2.3 billion
  - Net income: $50.0 million
  - EPS: $1.34
  - Guidance: reaffirmed
  - Result: reported results
  source text: KEY HIGHLIGHTS Results for the Quarter: • Consolidated net sales for the first quarter of 2023 of $2.3 billion decreased 12%, year to year, when compared to the first quarter of 2022. Product net sales decreased 15%, year to year, and services net sales increased 5%, year over year. • Net sales in North America decreased 11%, year to year, to $1.8 billion; ◦ Product net sales decreased 14%, year to year, to $1.6 billion; ◦ Services net sales increased 4%, year over year, to $283.5 million; • Net sales in EMEA decreased 20%, year to year, to $427.0 million; and • Net sales in APAC increased 15%, year over year, to $63.0 million. • Excluding the effects of fluctuating foreign currency exchange rates, consolidated net sales decreased 11%, year to year, with declines in net sales in North America and EMEA of 11% and 13%, year to year, respectively, partially offset by growth in net sales in APAC of 21%, year over year. - MORE - Insight Enterprises, Inc. 2701 E. Insight Way Chandler, Arizon
  evidence_url: https://www.sec.gov/Archives/edgar/data/932696/000162828023014760/0001628280-23-014760-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.