Financial Data and Key Metrics Changes - In Q1 2025, net revenue was $2.1 billion, a decrease of 12% compared to the previous year, driven by a 13% decline in product revenue, particularly on-prem software [21][22] - Adjusted diluted earnings per share were $2.6, down 13%, primarily due to lower gross profit, partially offset by lower adjusted SG&A expenses [24] - Gross profit decreased by 8%, with a gross margin of 19.3%, an increase of 80 basis points due to a favorable product mix [22][23] Business Line Data and Key Metrics Changes - Hardware revenue increased by 1%, marking the first growth in ten quarters, with strong performance in servers and storage [21][22] - Cloud gross profit was $103 million, a decrease of 3%, while SaaS and Infrastructure as a Service gross profit grew by 17% [22][24] - Insight Core Services revenue decreased by 2%, with gross profit down 4% due to delays in projects from large enterprise clients [7][22] Market Data and Key Metrics Changes - The macro environment has deteriorated, leading to increased volatility and uncertainty, impacting large enterprise clients' spending [7][18] - Demand for hardware is expected to grow in the mid-single digits, while cloud gross profit is anticipated to be flat to slightly down [20][28] Company Strategy and Development Direction - The company aims to accelerate profitable growth by enhancing consulting engagement models and leveraging GenAI technologies [10][11] - Focus on driving attached services to hardware sales and improving supply chain management in response to market dynamics [10][20] - The strategy includes becoming a leading solutions integrator, emphasizing AI, data, and cloud services [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about hardware spending and AI interest, despite the uncertain macro environment [36][38] - The company anticipates that the second half of 2025 will be stronger than the first half, with improvements in services spending expected [18][19] - Ongoing challenges are expected, particularly with large enterprise clients in North America, but the fundamentals driving the tech industry remain strong [20][28] Other Important Information - The company has been recognized for its diversity and workplace environment, receiving accolades such as Newsweek's America's Greatest Workplaces for Diversity for 2025 [17] - The company has ample liquidity with $1.3 billion available under its ABL facility, allowing it to meet operational needs [27] Q&A Session Summary Question: What drives the confidence in the guidance despite a tougher macro backdrop? - Management noted good momentum in hardware spending and AI interest, alongside effective navigation of partner program changes [34][36] Question: Are there any demand pull-ins from customers? - Minimal pull-ins were observed in Q1, primarily device-related, with a general movement towards leveraging AI technologies [41][43] Question: What are the expectations regarding vendor pricing in light of tariffs? - Some OEMs have raised prices, but generally, pricing has been subdued, with a slight positive impact expected from tariffs [51][53] Question: What is the outlook for the services business? - The services business is expected to improve in the second half of the year, aligning with hardware sales recovery [73]

Financial Data and Key Metrics Changes - In Q1 2025, net revenue was $2.1 billion, a decrease of 12% driven by a 13% decline in product revenue, primarily due to on-prem software related to a large deal in Q1 2024 [21] - Gross profit decreased by 8% due to partner program changes and a decline in on-prem software and agent services [22] - Adjusted diluted earnings per share were $2.6, down 13%, primarily due to lower gross profit [25] - Adjusted EBITDA was $111 million, a decrease of 16%, with a margin contraction of 30 basis points to 5.3% [25] - The adjusted return on invested capital for the trailing twelve months was 14.9%, down from 18% a year ago [26] Business Line Data and Key Metrics Changes - Hardware revenue increased by 1%, marking the first increase in ten quarters, with good performance in servers and storage [21][22] - Cloud gross profit was $103 million, a decrease of 3%, attributed to declines in legacy Microsoft enterprise agreements and a pivot to the mid-market [23] - Insight Core Services revenue decreased by 2%, with gross profit down 4% due to delays in services projects from large enterprise clients [22][24] Market Data and Key Metrics Changes - The macro environment outlook has deteriorated, leading to increased volatility and uncertainty, impacting large enterprise clients' spending [7][18] - AI spending remains a priority for firms, with budget reallocations from other segments to invest in AI [19] Company Strategy and Development Direction - The company aims to accelerate profitable growth by enhancing consulting business engagement models and leveraging GenAI technologies [9][10] - Focus on driving attached services to hardware sales and expanding programs with distribution partners to improve supply availability [9] - The strategy is to become a leading solutions integrator, investing in areas like cloud, data, AI, edge, and cyber [31] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about hardware spending and AI interest, despite the uncertain macro environment [36][38] - The company anticipates that the second half of the year will be stronger than the first, with expectations for improved services spending aligned with hardware sales [18][19] - Management is prepared for potential downturns with plans for cost management and operational efficiency improvements [72] Other Important Information - The company has been recognized for its diversity and workplace environment, receiving accolades such as America's Greatest Workplaces for Diversity for 2025 [17] - The company continues to focus on corporate citizenship and sustainability, as highlighted in its annual corporate citizenship report [18] Q&A Session Summary Question: What is driving the confidence in the guidance despite a tougher macro backdrop? - Management noted good momentum in hardware spend and AI interest, along with effective navigation of partner program changes [36][38] Question: Are there any demand pull-ins from customers in hardware? - Minimal pull-ins were observed in response to tariff threats, primarily related to devices, with a general movement towards leveraging AI technologies [44] Question: What are the expectations regarding vendor OEM pricing in light of tariffs? - Pricing responses vary by OEM, with some increasing prices, but generally, the pricing motion has been subdued [52][54] Question: What is the outlook for services spending through the year? - Services spending is expected to improve in the back half of the year, aligning with improved product sales [73]

Q1 2025 Financial Performance - Net sales decreased by 12% year-over-year to $21 billion[25] - Gross profit decreased by 8% year-over-year to $406 million[25] - Cloud gross profit decreased by 3% year-over-year to $103 million[25] - Insight Core Services gross profit decreased by 4% year-over-year to $73 million[25] - Earnings from operations decreased by 40% year-over-year to $60 million[25] - Adjusted earnings from operations decreased by 16% year-over-year to $102 million[25] - GAAP diluted earnings per share decreased by 87% year-over-year to $022[25] - Adjusted diluted earnings per share decreased by 13% year-over-year to $206[25] Debt and Capital Allocation - Total debt balance at March 31, 2025, was $9612 million, an increase of $796 million year-over-year[28] - The company spent $574 million on acquisitions, share repurchases, and warrant settlements[28] 2025 Outlook - The company expects low single-digit gross profit growth for the full year 2025[31] - The company anticipates a gross margin of approximately 20% for the full year 2025[31] - The company projects adjusted diluted EPS to be in the range of $970 to $1010 for the full year 2025[31]

EXHIBIT 99.1 FOR IMMEDIATE RELEASE NASDAQ: NSIT | | | - MORE - | | | | --- | --- | --- | --- | --- | | Insight Enterprises, Inc. | 2701 E. Insight Way | Chandler, Arizona 85286 | 800.467.4448 | FAX 480.760.8958 | • Gross profit decreased 8% year to year to $406.5 million while gross margin expanded 80 basis points to 19.3% • Cloud gross profit decreased 3% year to year • Insight Core services gross profit decreased 4% year to year • Consolidated net earnings decreased 89% year to year to $7.5 million • Adju ...

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Insight Enterprises due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Insight Enterprises is expected to report quarterly earnings of $2.03 per share, reflecting a decline of 14.4% year-over-year, and revenues are projected to be $2.16 billion, down 9.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.86% higher in the last 30 days, indicating a slight reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Insight Enterprises is lower than the consensus estimate, resulting in an Earnings ESP of -3.20%, indicating bearish sentiment among analysts [10][11]. Historical Performance - In the last reported quarter, Insight Enterprises exceeded the expected earnings of $2.53 per share by delivering $2.66, resulting in a surprise of +5.14%. Over the last four quarters, the company has beaten consensus EPS estimates twice [12][13]. Overall Assessment - Insight Enterprises does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].