Insight Enterprises Inc. (NSIT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2701 E INSIGHT WAY CHANDLER, AZ 85286 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5961 - Catalog and Mail-Order Houses (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 269 | 164 | 104 | 128 | 115 | 143 | |||
| Cash and cash equivalents | 269 | 164 | 104 | 128 | 115 | 143 | |||
| Receivables | 3,568 | 3,272 | 2,937 | 2,685 | 2,511 | 1,932 | |||
| Inventory, net of allowances, customer advances and progress billings | 185 | 265 | 328 | 186 | 191 | 149 | |||
| Inventory | 185 | 265 | 328 | 186 | 191 | 149 | |||
| Contract with customer, asset, after allowance for credit loss | 121 | ||||||||
| Other current assets | 189 | 200 | 200 | 177 | 231 | 116 | |||
| Total current assets: | 4,331 | 3,901 | 3,568 | 3,176 | 3,048 | 2,339 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 176 | 146 | 131 | 73 | |||||
| Intangible assets, net (including goodwill) | 1,054 | 698 | 643 | 676 | 694 | 279 | |||
| Goodwill | 684 | 493 | 428 | 429 | 415 | 167 | |||
| Intangible assets, net (excluding goodwill) | 370 | 205 | 215 | 247 | 279 | 112 | |||
| Contract with customer, asset, after allowance for credit loss | 133 | ||||||||
| Restricted cash and investments | 2 | ||||||||
| Other noncurrent assets | 146 | 310 | 301 | 312 | 306 | 77 | |||
| Accounts receivable, excluding accrued interest, after allowance for credit loss | 413 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent assets | 210 | 204 | 6 | ||||||
| Total noncurrent assets: | 1,955 | 1,212 | 1,121 | 1,134 | 1,130 | 437 | |||
| TOTAL ASSETS: | 6,286 | 5,113 | 4,689 | 4,311 | 4,178 | 2,776 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,025 | 2,520 | 2,515 | 2,226 | 1,882 | 1,473 | |||
| Accounts payable | 2,487 | 2,086 | 2,092 | 1,818 | 1,530 | 1,282 | |||
| Accrued liabilities | 538 | 434 | 423 | 408 | 352 | 191 | |||
| Debt | 348 | 346 | 0 | 1 | 2 | 1 | |||
| Other undisclosed current liabilities | 62 | ||||||||
| Total current liabilities: | 3,373 | 2,866 | 2,515 | 2,227 | 1,884 | 1,537 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 593 | 292 | 362 | 438 | 858 | 196 | |||
| Other undisclosed long-term debt and lease obligation | 593 | 292 | 362 | 438 | 858 | 196 | |||
| Liabilities, other than long-term debt | 585 | 316 | 303 | 303 | 232 | 57 | |||
| Accounts payable and accrued liabilities | 354 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1 | ||
| Deferred income tax liabilities | 28 | 33 | 47 | 33 | ✕ | ||||
| Other liabilities | 203 | 284 | 256 | 270 | 232 | 56 | |||
| Other undisclosed noncurrent liabilities | 45 | ||||||||
| Total noncurrent liabilities: | 1,177 | 608 | 665 | 741 | 1,134 | 252 | |||
| Total liabilities: | 4,551 | 3,475 | 3,180 | 2,968 | 3,018 | 1,789 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,736 | 1,638 | 1,509 | 1,342 | 1,160 | 987 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 329 | 328 | 368 | 364 | 357 | 324 | |||
| Accumulated other comprehensive loss | (42) | (59) | (27) | (15) | (38) | (42) | |||
| Retained earnings | 1,448 | 1,369 | 1,168 | 993 | 841 | 705 | |||
| Total equity: | 1,736 | 1,638 | 1,509 | 1,342 | 1,160 | 987 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,286 | 5,113 | 4,689 | 4,311 | 4,178 | 2,776 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,176 | 10,431 | 9,436 | 8,341 | 7,731 | 7,080 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (7,506) | (8,795) | (7,989) | (7,041) | (6,593) | (6,086) | ||
| Gross profit: | 1,670 | 1,637 | 1,448 | 1,300 | 1,138 | 994 | ||
| Operating expenses | (1,250) | (1,223) | (1,115) | (1,028) | (898) | (760) | ||
| Operating income: | 420 | 414 | 332 | 272 | 241 | 233 | ||
| Nonoperating income (expense) | (1) | 0 | 1 | (2) | (0) | (22) | ||
| Other nonoperating income (expense) | (1) | 0 | 1 | (2) | (0) | (1) | ||
| Interest and debt expense | (41) | (39) | (41) | (42) | (28) | (23) | ||
| Income from continuing operations before equity method investments, income taxes: | 378 | 374 | 293 | 228 | 212 | 189 | ||
| Other undisclosed income from continuing operations before income taxes | 23 | |||||||
| Income from continuing operations before income taxes: | 378 | 374 | 293 | 228 | 212 | 212 | ||
| Income tax expense | (97) | (94) | (73) | (56) | (52) | (48) | ||
| Income from continuing operations: | 281 | 281 | 219 | 173 | 159 | 164 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 219 | 173 | 159 | 164 | |
| Net income available to common stockholders, diluted: | 281 | 281 | 219 | 173 | 159 | 164 | ||
Comprehensive Income ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 281 | 281 | 219 | 173 | 159 | 164 | ||
| Comprehensive income: | 281 | 281 | 219 | 173 | 159 | 164 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 17 | (32) | (12) | 23 | 3 | (17) | ||
| Comprehensive income, net of tax, attributable to parent: | 298 | 249 | 208 | 195 | 163 | 146 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.