INSPERITY, INC.

Listed Company

NSPCIK 0001000753NYSELarge AcceleratedServices-Help Supply ServicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$6.81B

Net Income

$-7.00M

Total Assets

$2.20B

Equity

$46.00M

Shares Out

37.73M

Op. Cash Flow

$-278.00M

Business

INSPERITY, INC. provides comprehensive human resources and business performance solutions to small and medium-sized businesses, acting as a co-employer to manage employer-related administrative and compliance responsibilities. Its main products and services include PEO HR Outsourcing Solutions (payroll and benefits administration, workers’ compensation, compliance, performance management, recruiting, training and retirement services), a traditional payroll and human capital management offering, and ancillary services such as employment screening and insurance. Key business segments include Workforce Optimization and Workforce Synchronization PEO solutions, Workforce Acceleration payroll services, Recruiting, Retirement and Insurance Services. The company serves clients across the United States through regional sales offices, service centers, and a cloud-based human capital management platform, Insperity Premier.

Summary from filing dated 2025-02-11

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	6,812	6,581	6,486	5,939	4,973
Payroll taxes, benefits and workers compensation costs	5,912	5,529	5,449	4,928	4,153
Gross profit	900	1,052	1,037	1,011	820
Salaries, wages and payroll taxes	518	521	461	431	379
Stock-based compensation	61	61	53	50	41
Commissions	45	47	47	46	35
Advertising	38	38	37	37	29
General and administrative expenses	203	224	177	156	124
Depreciation and amortization	45	44	43	41	39
Total operating expenses	910	935	818	761	647
Operating income (loss)	−10	117	219	250	173
Interest income	30	37	33	9	2
Interest expense	−24	−28	−27	−14	−7
Income (loss) before income tax (benefit) expense	−4	126	225	245	168
Income tax (benefit) expense	3	35	54	66	44
Net income (loss)	−7	91	171	179	124
Basic net income per share of common stock (in dollars per share)	−0.19	2.44	4.53	4.7	3.22
Diluted net income per share of common stock (in dollars per share)	−0.19	2.42	4.47	4.64	3.18

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	642	1,039	693	733	576
Restricted cash	82	69	57	50	47
Marketable securities	18	16	16	33	32
Accounts receivable, net	826	829	694	623	—
Prepaid insurance and related assets	6	25	7	12	11
Income taxes receivable	29	0	—	—	—
Funds held for clients and other current assets	119	107	128	62	53
Total current assets	1,722	2,085	1,595	1,512	1,245
Property and equipment, net of accumulated depreciation	177	192	197	200	211
Right-of-use (ROU) leased assets	63	65	57	57	63
nsp:Depositsandprepaidhealthinsurance	165	195	215	213	—
Goodwill and other intangible assets, net	13	13	13	13	13
Deferred income taxes, net	22	34	20	16	5
Other assets	41	13	23	29	15
Total assets	2,203	2,597	2,120	2,039	1,753
Accounts payable	6	10	11	8	6
Payroll taxes and other payroll deductions payable	544	901	566	556	468
Accrued worksite employee payroll cost	764	730	559	513	410
Accrued health insurance costs	30	19	46	53	50
Accrued workers compensation costs	84	71	60	53	51
Accrued corporate payroll and commissions	78	82	64	89	75
Client funds liability and other accrued liabilities	114	117	130	80	69
Total current liabilities	1,620	1,930	1,436	1,353	1,129
Accrued workers compensation costs, net of current	102	135	163	180	193
Long-term debt	369	369	369	369	369
Operating lease liabilities, net of current	66	66	58	56	64
Total noncurrent liabilities	537	570	590	605	626
Commitments and contingencies	—	—	—	—	—
Preferred Stock, Value, Issued	0	0	0	0	0
Common stock	1	1	1	555,000	555,000
Additional paid-in capital	257	222	185	151	109
Treasury Stock, Common, Shares	18	18	18	18	—
Treasury stock, at cost	−850	−864	−831	−726	−665
Retained earnings	638	738	739	655	554
Total stockholders equity	46	97	94	81	−2
Total liabilities and stockholders equity	2,203	2,597	2,120	2,039	1,753
Common Stock, Par or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01
Preferred Stock, Shares Authorized	20	20	20	20	20
Preferred Stock, Shares Issued	0	0	0	0	0
Common Stock, Shares Authorized	120	120	120	120	120
Common Stock, Shares, Issued	56	56	56	55	55
Common Stock, Shares, Outstanding	38	37	37	38	38

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	45	44	43	41	39
Stock-based compensation	61	61	53	50	41
Deferred income taxes	12	−14	−4	−11	5
Accounts receivable	3	−135	−71	−110	−121
Prepaid insurance and related assets	19	−18	5	0	−1
Other current assets	4	−8	−15	−5	−14
Other assets and ROU assets	−9	25	23	2	5
Accounts payable	−4	−1	3	2	209,000
Payroll taxes and other payroll deductions payable	−357	335	10	88	90
Accrued worksite employee payroll costs	34	171	46	104	75
Accrued health insurance costs	11	−27	−7	3	17
Accrued workers compensation costs	−20	−17	−10	−10	−197,000
Accrued corporate payroll, commissions and other accrued liabilities	−23	−2	−45	−5	15
Income taxes payable/receivable	−47	15	−4	19	−14
Total adjustments	−271	429	27	168	136
Net cash provided by (used in) operating activities	−278	520	198	347	260
Purchases	−26	−23	−48	−47	−58
Proceeds from maturities	18	23	38	45	60
Proceeds from dispositions	8	0	28	0	0
Property and equipment purchases	−31	−38	−40	−30	−33
Net cash used in investing activities	−31	−38	−22	−32	−31
Purchase of treasury stock	−19	−63	−131	−73	−70
Dividends paid	−90	−89	−84	−77	−144
Client funds liability and other	19	−21	60	9	6
Net cash used in financing activities	−90	−173	−155	−141	−208
Net increase (decrease) in cash, cash equivalents, restricted cash, funds held for clients, and deposits workers compensation	−399	309	21	174	21
Income Tax Paid, Federal, after Refund Received	34	25	50	—	—
Interest Paid, Excluding Capitalized Interest, Operating Activity	23	32	22	13	7
ROU assets obtained in exchange for lease obligations	19	29	22	10	20

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro