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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and INSPERITY, INC. (NSP). Click either name above to swap in a different company.

INSPERITY, INC. is the larger business by last-quarter revenue ($1.7B vs $748.2M, roughly 2.2× AMN HEALTHCARE SERVICES INC). On growth, INSPERITY, INC. posted the faster year-over-year revenue change (3.4% vs 1.8%). INSPERITY, INC. produced more free cash flow last quarter ($246.0M vs $67.6M). Over the past eight quarters, INSPERITY, INC.'s revenue compounded faster (-3.8% CAGR vs -4.5%).

AMN Healthcare Services Inc. is a leading US healthcare sector workforce solutions and staffing provider. It offers temporary and permanent placement for nurses, physicians, allied health and other clinical/non-clinical staff, plus workforce management tools and consulting for hospitals, clinics and other medical facilities.

Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.

AMN vs NSP — Head-to-Head

Bigger by revenue
NSP
NSP
2.2× larger
NSP
$1.7B
$748.2M
AMN
Growing faster (revenue YoY)
NSP
NSP
+1.6% gap
NSP
3.4%
1.8%
AMN
More free cash flow
NSP
NSP
$178.4M more FCF
NSP
$246.0M
$67.6M
AMN
Faster 2-yr revenue CAGR
NSP
NSP
Annualised
NSP
-3.8%
-4.5%
AMN

Income Statement — Q4 2025 vs Q4 2025

Metric
AMN
AMN
NSP
NSP
Revenue
$748.2M
$1.7B
Net Profit
$-7.7M
Gross Margin
26.1%
10.3%
Operating Margin
1.1%
-2.8%
Net Margin
-1.0%
Revenue YoY
1.8%
3.4%
Net Profit YoY
95.9%
EPS (diluted)
$-0.19
$-0.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMN
AMN
NSP
NSP
Q4 25
$748.2M
$1.7B
Q3 25
$634.5M
$1.6B
Q2 25
$658.2M
$1.7B
Q1 25
$689.5M
$1.9B
Q4 24
$734.7M
$1.6B
Q3 24
$687.5M
$1.6B
Q2 24
$740.7M
$1.6B
Q1 24
$820.9M
$1.8B
Net Profit
AMN
AMN
NSP
NSP
Q4 25
$-7.7M
Q3 25
$29.3M
$-20.0M
Q2 25
$-116.2M
$-5.0M
Q1 25
$-1.1M
$51.0M
Q4 24
$-187.5M
Q3 24
$7.0M
$3.0M
Q2 24
$16.2M
$18.0M
Q1 24
$17.3M
$79.0M
Gross Margin
AMN
AMN
NSP
NSP
Q4 25
26.1%
10.3%
Q3 25
29.1%
12.0%
Q2 25
29.8%
13.4%
Q1 25
28.7%
16.6%
Q4 24
29.8%
13.5%
Q3 24
31.0%
14.7%
Q2 24
31.0%
16.2%
Q1 24
31.4%
19.1%
Operating Margin
AMN
AMN
NSP
NSP
Q4 25
1.1%
-2.8%
Q3 25
7.5%
-1.5%
Q2 25
-18.8%
-0.4%
Q1 25
1.8%
3.7%
Q4 24
-27.6%
-0.9%
Q3 24
3.2%
0.1%
Q2 24
5.1%
1.4%
Q1 24
4.9%
6.0%
Net Margin
AMN
AMN
NSP
NSP
Q4 25
-1.0%
Q3 25
4.6%
-1.2%
Q2 25
-17.7%
-0.3%
Q1 25
-0.2%
2.7%
Q4 24
-25.5%
Q3 24
1.0%
0.2%
Q2 24
2.2%
1.1%
Q1 24
2.1%
4.4%
EPS (diluted)
AMN
AMN
NSP
NSP
Q4 25
$-0.19
$-0.87
Q3 25
$0.76
$-0.53
Q2 25
$-3.02
$-0.14
Q1 25
$-0.03
$1.35
Q4 24
$-4.90
$-0.21
Q3 24
$0.18
$0.07
Q2 24
$0.42
$0.48
Q1 24
$0.45
$2.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMN
AMN
NSP
NSP
Cash + ST InvestmentsLiquidity on hand
$34.0M
$682.0M
Total DebtLower is stronger
$767.1M
Stockholders' EquityBook value
$642.1M
$46.0M
Total Assets
$2.1B
$2.2B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMN
AMN
NSP
NSP
Q4 25
$34.0M
$682.0M
Q3 25
$52.6M
$521.0M
Q2 25
$41.5M
$511.0M
Q1 25
$55.8M
$684.0M
Q4 24
$10.6M
$1.2B
Q3 24
$30.6M
$596.0M
Q2 24
$48.0M
$850.0M
Q1 24
$50.6M
$801.0M
Total Debt
AMN
AMN
NSP
NSP
Q4 25
$767.1M
Q3 25
Q2 25
Q1 25
Q4 24
$1.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AMN
AMN
NSP
NSP
Q4 25
$642.1M
$46.0M
Q3 25
$644.4M
$87.0M
Q2 25
$607.6M
$112.0M
Q1 25
$715.1M
$119.0M
Q4 24
$706.6M
$97.0M
Q3 24
$890.7M
$125.0M
Q2 24
$876.9M
$142.0M
Q1 24
$854.2M
$140.0M
Total Assets
AMN
AMN
NSP
NSP
Q4 25
$2.1B
$2.2B
Q3 25
$2.1B
$2.0B
Q2 25
$2.2B
$2.0B
Q1 25
$2.4B
$2.1B
Q4 24
$2.4B
$2.6B
Q3 24
$2.7B
$1.9B
Q2 24
$2.8B
$2.1B
Q1 24
$2.9B
$2.1B
Debt / Equity
AMN
AMN
NSP
NSP
Q4 25
1.19×
Q3 25
Q2 25
Q1 25
Q4 24
1.49×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMN
AMN
NSP
NSP
Operating Cash FlowLast quarter
$75.6M
$255.0M
Free Cash FlowOCF − Capex
$67.6M
$246.0M
FCF MarginFCF / Revenue
9.0%
14.7%
Capex IntensityCapex / Revenue
1.1%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$233.8M
$-309.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMN
AMN
NSP
NSP
Q4 25
$75.6M
$255.0M
Q3 25
$22.7M
$-11.0M
Q2 25
$78.5M
$-79.0M
Q1 25
$92.7M
$-443.0M
Q4 24
$72.8M
$619.0M
Q3 24
$66.7M
$-150.0M
Q2 24
$99.5M
$20.0M
Q1 24
$81.4M
$31.0M
Free Cash Flow
AMN
AMN
NSP
NSP
Q4 25
$67.6M
$246.0M
Q3 25
$14.8M
$-20.0M
Q2 25
$68.7M
$-86.0M
Q1 25
$82.7M
$-449.0M
Q4 24
$56.6M
$606.0M
Q3 24
$47.4M
$-164.0M
Q2 24
$72.2M
$14.0M
Q1 24
$63.2M
$26.0M
FCF Margin
AMN
AMN
NSP
NSP
Q4 25
9.0%
14.7%
Q3 25
2.3%
-1.2%
Q2 25
10.4%
-5.2%
Q1 25
12.0%
-24.1%
Q4 24
7.7%
37.6%
Q3 24
6.9%
-10.5%
Q2 24
9.8%
0.9%
Q1 24
7.7%
1.4%
Capex Intensity
AMN
AMN
NSP
NSP
Q4 25
1.1%
0.5%
Q3 25
1.2%
0.6%
Q2 25
1.5%
0.4%
Q1 25
1.4%
0.3%
Q4 24
2.2%
0.8%
Q3 24
2.8%
0.9%
Q2 24
3.7%
0.4%
Q1 24
2.2%
0.3%
Cash Conversion
AMN
AMN
NSP
NSP
Q4 25
Q3 25
0.77×
Q2 25
Q1 25
-8.69×
Q4 24
Q3 24
9.54×
-50.00×
Q2 24
6.13×
1.11×
Q1 24
4.70×
0.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMN
AMN

Travel Nurse Staffing$208.3M28%
Allied Staffing$146.9M20%
Labor Disruption Services$124.3M17%
Technology And Workforce Solutions$88.0M12%
Language Services$69.9M9%
Other$29.6M4%
International Nurse Staffing$29.6M4%
Interim Leadership Staffing$24.1M3%
Vendor Management Systems$16.3M2%
Local Staffing$8.6M1%
International Nurse Permanent Placement$2.6M0%

NSP
NSP

Northeast$455.0M27%
West$339.0M20%
Southwest$317.0M19%
Central$299.0M18%
Southeast$241.0M14%
Other Revenues$17.0M1%

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