Insight Enterprises (NSIT) FY2024 results: revenue $8.7 billion, down 5.2% on the year
Insight Enterprises Inc. (NSIT) reported revenue of $8.7 billion for fiscal 2024, the year ended 31 December 2024, down 5.2% on the year before. Net income was $250 million, down 11.2%, and diluted earnings per share $6.55. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$8.7 billion
-5.2% on the year
FY2017FY2024
Operating margin
4.5%
4.6% a year earlier
FY2017FY2024
Net income
$250 million
-11.2% on the year
FY2017FY2024
Diluted EPS
$6.55
-13.2% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
633
620
98.1
+2.1%
Capital expenditure
46.8
39.3
70.9
+19.2%
Free cash flow
586
580
27.2
+1.0%
Free cash flow margin
6.7%
6.3%
0.3%
Cash from investing
-303
-505
-138
Cash from financing
-321
-16.7
114
Depreciation and amortisation
98.1
62.5
56.6
+57.1%
Share-based compensation
34.0
29.0
22.7
+17.3%
Buybacks
200
217
108
-7.9%
Diluted shares, weighted
38m
37m
37m
+2.4%
Shares outstanding at period end
32m
33m
34m
-2.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,771
1,736
1,638
+2.0%
Debt
864
941
638
-8.1%
Operating lease liabilities
65.9
71.0
63.3
-7.2%
Finance lease liabilities
n/a
n/a
0.0
Other liabilities
4,748
3,539
2,773
+34.2%
Total liabilities and equity
7,449
6,286
5,113
+18.5%
Fixed assets
216
210
204
+2.7%
Goodwill
894
684
493
+30.6%
Intangible assets
426
370
205
+15.4%
Cash and equivalents
259
269
164
-3.5%
Receivables
4,172
3,568
3,272
+16.9%
Inventory
123
185
265
-33.6%
Other assets
1,359
1,001
509
+35.8%
Total assets
7,449
6,286
5,113
+18.5%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.