Insperity Stock Price, News & Analysis
Company Description
Insperity, Inc. (NSP) is a human resources consulting and business performance company that focuses on helping small and midsize businesses improve how they manage their people and operations. The company’s stated mission is to help businesses succeed so communities prosper, and it offers scalable HR solutions that blend premium human resources service with technology to deliver administrative relief, reduced liabilities and better benefit solutions that support business performance and growth.
Insperity trades on the New York Stock Exchange under the ticker NSP, and the company has also announced a dual listing of its common stock on NYSE Texas while maintaining its primary NYSE listing. According to company disclosures, Insperity has been in the market since 1986 and focuses on serving small and medium size businesses (SMBs) and their employees across the United States through more than 90–100 sales offices nationwide.
Core HR and Business Performance Solutions
Insperity describes itself as a leading provider of human resources and business performance solutions for America’s best businesses. Its offerings are built around a portfolio of HR solutions that are designed to be comprehensive and scalable, combining HR expertise, technology platforms and risk management to support employers and employees.
The company’s updated HR solutions portfolio includes three primary branded offerings:
- Insperity HR360 – Described as Insperity’s flagship professional employer organization (PEO) solution, formerly known as Workforce Optimization. It is designed for small and midsize businesses seeking a comprehensive people strategy and HR expertise. According to Insperity, HR360 covers areas such as payroll, benefits, compliance and talent management, and provides a blend of advanced technology, HR services, insights and liability management to help build a sophisticated HR function.
- Insperity HRCore – Formerly known as Workforce Acceleration, HRCore is positioned for businesses that want to upgrade their HR function with foundational HR technology and support. The company states that HRCore offers straightforward, reliable HR capabilities that help organizations manage their workforce efficiently while laying the groundwork for a more advanced HR function as needs evolve.
- Insperity HRScale – A solution developed for midsized businesses through a strategic partnership with Workday. Insperity explains that HRScale is intended to combine its full-service PEO expertise with Workday Human Capital Management (HCM), with an emphasis on affordability, ease and speed of deployment, and agility as companies scale. Insperity has indicated that HRScale will be available to early adopter customers in 2026 and that it views this joint solution as a way to expand its addressable market.
Across these solutions, Insperity positions its services as culture-driven and people-centric, aiming to improve the likelihood, degree and speed of success for companies in the dynamic SMB marketplace.
Additional HR and Workforce Services
Beyond its core HR solutions, Insperity reports that it offers an additional product portfolio focused on solving complex challenges for companies and improving the lives of business owners and their employees. According to the company, these additional offerings include:
- Direct-placement recruiting – Services to help businesses fill roles with permanent hires.
- Employment screening – Support for background checks and related screening activities.
- Retirement plan administration – Services related to employer-sponsored retirement plans, such as 401(k) plans.
- Business insurance products and services – Insurance-related offerings for business owners.
Insperity states that it evaluates new offerings on an ongoing basis and adds them to the portfolio as needed. One example highlighted by the company is Insperity Contractor Management powered by Wingspan, which is designed to address the growth of independent contractors who receive a 1099. This solution is described as helping clients manage and pay 1099 talent more effectively, while Wingspan makes additional benefits and services available to those workers.
Employee-Focused Benefits and Well-Being
Insperity emphasizes that it addresses employees’ total well-being through a range of benefit and support components that also reduce administrative burdens for employers. The company notes that it offers health benefit plans sponsored by Insperity, 401(k) retirement plans, supplemental insurance, voluntary benefits and employee well-being tools and services.
Insperity also highlights specific programs aimed at employees and their families, including:
- Insperity Perks+ program – A program that provides enrolled employees with a marketplace of discounted products and financial management tools. According to Insperity, Perks+ is intended to help enrolled employees achieve financial stability and peace of mind.
- Access to HR specialists and self-service tools – In connection with Insperity HR360, the company notes that employees can access Insperity’s HR specialists and user-friendly tools for managing pay documents and time off, contributing to improved employee satisfaction and reliable HR support.
HR360 Study and Reported Client Outcomes
Insperity has highlighted third-party research on its HR360 solution. A commissioned Forrester Consulting Total Economic Impact study of Insperity HR360, as described by the company, reported that a composite organization representative of interviewed customers experienced a positive three-year return on investment and several quantified benefits. These reported benefits included reductions in executive and manager time spent on HR workflows and performance reviews, faster onboarding times for new hires and a reduction in HR-related noncompliance risk.
The study also cited qualitative benefits for the composite organization, such as enhanced talent acquisition and retention driven by the benefits offered through Insperity, more supported workforce development through a learning platform, improved employee satisfaction via reliable HR support and self-service tools, and actionable guidance and best practices that help shape organizational culture.
Strategic Partnership with Workday
Insperity’s filings and disclosures describe a strategic partnership with Workday, Inc. focused on jointly developing, marketing and selling a new full-service human resources solution for small and midsize businesses. This partnership underpins the Insperity HRScale solution and is referenced by the company as a key element of its long-term growth and profitability plans.
In an 8-K filing, Insperity’s board-level compensation discussion notes that the company views this joint solution as having the potential to expand the total addressable market for its solutions and to positively impact long-term growth, profitability and value creation beyond what its existing offerings could provide alone. The company also indicates that it is investing in technology, operational processes and sales and marketing plans related to this joint solution.
Financial and Capital Structure Highlights
Insperity’s SEC filings provide insight into its capital structure and financing arrangements. In a Form 8-K dated December 16, 2025, the company reported entering into an Eighth Amendment to its Amended and Restated Credit Agreement. According to the filing, this amendment increased the aggregate principal amount available under the revolving credit facility from $650 million to $750 million, raised the potential expansion amount from $700 million to $800 million, extended the facility’s maturity date to December 15, 2028, and adjusted the Maximum Leverage Ratio covenant and the definition of EBITDA.
Other filings and press releases show that Insperity has used its credit facility and cash resources to support operations, capital expenditures, share repurchases and dividends. The company has reported returning capital to shareholders through quarterly cash dividends and share repurchase activity, as detailed in its earnings releases.
Earnings, Key Metrics and Guidance
Insperity regularly reports financial results and key operating metrics, including revenues, gross profit, operating income, net income, adjusted EBITDA, adjusted EPS and average number of worksite employees (WSEEs) paid per month. For example, in its second and third quarter 2025 earnings releases, the company discussed year-over-year changes in revenues, gross profit and operating expenses, as well as the impact of higher-than-expected healthcare and benefits costs on profitability.
The company also provides guidance ranges for adjusted EPS, adjusted EBITDA and average WSEEs for upcoming quarters and full-year periods. These forward-looking statements are accompanied by cautionary language and references to risk factors discussed in Insperity’s SEC filings.
UnitedHealthcare Arrangement
Insperity’s benefits cost structure is influenced by its arrangement with UnitedHealthcare. In a November 3, 2025 Form 8-K, the company reported that a subsidiary entered into an amendment to its arrangement with UnitedHealthcare related to medical coverage. The amendment, as described, includes additional expected cost savings starting in 2026, extends the arrangement through 2028, provides options for the company to limit its responsibility for each participant’s claim costs to specified levels per year, revises certain administrative costs and adds volume-based incentives, subject to conditions.
In related earnings commentary, Insperity’s management has linked this amended contract to efforts to address elevated healthcare cost trends and to improve the company’s financial outlook and strategic alignment for growth and profitability.
Thought Leadership and North Star Network
Insperity also emphasizes its role in thought leadership within the human resources industry. The company’s North Star Network (NSN) is described as a thought leadership program that delivers research-driven insights, expert guidance and practical resources to help organizations navigate workforce challenges. Insperity has reported that this program was recognized by Inc. on the Inc. Best in Business list in the Best Customer Service and Best Community Initiatives categories, highlighting its impact on people and culture challenges.
Brand Partnerships and Market Presence
Insperity has engaged in brand partnerships to amplify its market presence and align with organizations that share its focus on performance and community impact. One example is a multiyear brand partnership with Tiger Woods, Tiger Woods Ventures, TGR Foundation and the Jupiter Links of the TMRW Golf League. Under this partnership, Tiger Woods serves as a brand ambassador for Insperity and participates in programming that highlights shared values such as excellence, mastery and teamwork. Insperity also supports events that benefit TGR Foundation and its mission to empower youth through education.
The company notes that this partnership supports enhanced marketing efforts for its portfolio of solutions, including Insperity HR360, Insperity HRScale and Insperity HRCore.
Recognition and Industry Positioning
Insperity has reported recognition from Inc. through its inclusion on the Inc. Best in Business list in categories such as Best Customer Service and Best Community Initiatives. The company connects this recognition to its North Star Network and its emphasis on helping leaders address workforce and culture challenges with research-based insights and resources.
Across its disclosures, Insperity consistently positions itself as a provider of comprehensive, scalable HR solutions with significant breadth and depth of services and a high level of care. It highlights its combination of HR service and technology, its focus on small and midsize businesses and its goal of improving business performance while supporting employees and communities.