Insight Enterprises (NSIT) saw its stock price plummet 5.38% in pre-market trading on Thursday following the release of its first-quarter 2025 earnings report. The IT solutions provider reported earnings that fell significantly short of analyst expectations, despite maintaining a positive outlook for the full year.

The company reported first-quarter earnings per share (EPS) of $0.22, falling well below the IBES estimate of $2.01. Net income for the quarter stood at $7.514 million, a stark decline from $67.027 million in the same period last year. Sales for the quarter came in at $2.104 billion, missing the analyst estimate of $2.193 billion. Despite these disappointing figures, Insight Enterprises maintained a gross margin of 19.3%, showing an improvement from 18.5% in the previous year.

Despite the weak quarterly performance, Insight Enterprises provided an optimistic outlook for the full year 2025. The company expects adjusted earnings per share to be between $9.70 and $10.10, and anticipates delivering gross profit growth in the low single-digits with a gross margin of approximately 20%. CEO Joyce Mullen stated, "While gross profit was slightly below our expectations, primarily due to product-related services performance, effective expense management allowed us to achieve our profitability target." The company also noted that it expects no significant changes in the macroeconomic environment, whether due to tariffs or otherwise.