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Side-by-side financial comparison of BARRETT BUSINESS SERVICES INC (BBSI) 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 $321.1M, roughly 5.2× BARRETT BUSINESS SERVICES INC). On growth, BARRETT BUSINESS SERVICES INC posted the faster year-over-year revenue change (5.3% vs 3.4%). INSPERITY, INC. produced more free cash flow last quarter ($246.0M vs $70.6M). Over the past eight quarters, BARRETT BUSINESS SERVICES INC's revenue compounded faster (9.9% CAGR vs -3.8%).

Barrett Firearms Manufacturing is an Australian-owned, American manufacturer of firearms and ammunition located in Christiana, Tennessee. It was founded in 1982 by Ronnie G. Barrett for the purpose of building semi-automatic rifles chambered for the .50 BMG ammunition, originally developed for and used in M2 Browning machine guns. Barrett began this work in the early 1980s, and the first working rifles were available in 1982, hence the designation M82. Barrett personally designed every part o...

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.

BBSI vs NSP — Head-to-Head

Bigger by revenue
NSP
NSP
5.2× larger
NSP
$1.7B
$321.1M
BBSI
Growing faster (revenue YoY)
BBSI
BBSI
+1.9% gap
BBSI
5.3%
3.4%
NSP
More free cash flow
NSP
NSP
$175.4M more FCF
NSP
$246.0M
$70.6M
BBSI
Faster 2-yr revenue CAGR
BBSI
BBSI
Annualised
BBSI
9.9%
-3.8%
NSP

Income Statement — Q4 2025 vs Q4 2025

Metric
BBSI
BBSI
NSP
NSP
Revenue
$321.1M
$1.7B
Net Profit
$16.4M
Gross Margin
21.3%
10.3%
Operating Margin
5.8%
-2.8%
Net Margin
5.1%
Revenue YoY
5.3%
3.4%
Net Profit YoY
-2.4%
EPS (diluted)
$0.63
$-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
BBSI
BBSI
NSP
NSP
Q4 25
$321.1M
$1.7B
Q3 25
$318.9M
$1.6B
Q2 25
$307.7M
$1.7B
Q1 25
$292.6M
$1.9B
Q4 24
$304.8M
$1.6B
Q3 24
$294.3M
$1.6B
Q2 24
$279.7M
$1.6B
Q1 24
$265.8M
$1.8B
Net Profit
BBSI
BBSI
NSP
NSP
Q4 25
$16.4M
Q3 25
$20.6M
$-20.0M
Q2 25
$18.5M
$-5.0M
Q1 25
$-1.0M
$51.0M
Q4 24
$16.8M
Q3 24
$19.6M
$3.0M
Q2 24
$16.7M
$18.0M
Q1 24
$-136.0K
$79.0M
Gross Margin
BBSI
BBSI
NSP
NSP
Q4 25
21.3%
10.3%
Q3 25
24.1%
12.0%
Q2 25
23.8%
13.4%
Q1 25
14.6%
16.6%
Q4 24
23.4%
13.5%
Q3 24
25.3%
14.7%
Q2 24
24.3%
16.2%
Q1 24
14.9%
19.1%
Operating Margin
BBSI
BBSI
NSP
NSP
Q4 25
5.8%
-2.8%
Q3 25
7.8%
-1.5%
Q2 25
7.5%
-0.4%
Q1 25
-1.4%
3.7%
Q4 24
6.8%
-0.9%
Q3 24
8.0%
0.1%
Q2 24
7.3%
1.4%
Q1 24
-1.8%
6.0%
Net Margin
BBSI
BBSI
NSP
NSP
Q4 25
5.1%
Q3 25
6.5%
-1.2%
Q2 25
6.0%
-0.3%
Q1 25
-0.3%
2.7%
Q4 24
5.5%
Q3 24
6.7%
0.2%
Q2 24
6.0%
1.1%
Q1 24
-0.1%
4.4%
EPS (diluted)
BBSI
BBSI
NSP
NSP
Q4 25
$0.63
$-0.87
Q3 25
$0.79
$-0.53
Q2 25
$0.70
$-0.14
Q1 25
$-0.04
$1.35
Q4 24
$0.63
$-0.21
Q3 24
$0.74
$0.07
Q2 24
$0.62
$0.48
Q1 24
$-0.01
$2.08

Balance Sheet & Financial Strength

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

Metric
BBSI
BBSI
NSP
NSP
Cash + ST InvestmentsLiquidity on hand
$157.2M
$682.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$241.0M
$46.0M
Total Assets
$779.1M
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBSI
BBSI
NSP
NSP
Q4 25
$157.2M
$682.0M
Q3 25
$109.8M
$521.0M
Q2 25
$90.4M
$511.0M
Q1 25
$99.1M
$684.0M
Q4 24
$121.9M
$1.2B
Q3 24
$14.4M
$596.0M
Q2 24
$40.3M
$850.0M
Q1 24
$51.3M
$801.0M
Stockholders' Equity
BBSI
BBSI
NSP
NSP
Q4 25
$241.0M
$46.0M
Q3 25
$240.1M
$87.0M
Q2 25
$225.8M
$112.0M
Q1 25
$213.4M
$119.0M
Q4 24
$221.4M
$97.0M
Q3 24
$215.4M
$125.0M
Q2 24
$199.0M
$142.0M
Q1 24
$189.6M
$140.0M
Total Assets
BBSI
BBSI
NSP
NSP
Q4 25
$779.1M
$2.2B
Q3 25
$777.9M
$2.0B
Q2 25
$713.6M
$2.0B
Q1 25
$778.6M
$2.1B
Q4 24
$745.5M
$2.6B
Q3 24
$725.8M
$1.9B
Q2 24
$688.6M
$2.1B
Q1 24
$747.8M
$2.1B

Cash Flow & Capital Efficiency

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

Metric
BBSI
BBSI
NSP
NSP
Operating Cash FlowLast quarter
$76.1M
$255.0M
Free Cash FlowOCF − Capex
$70.6M
$246.0M
FCF MarginFCF / Revenue
22.0%
14.7%
Capex IntensityCapex / Revenue
1.7%
0.5%
Cash ConversionOCF / Net Profit
4.64×
TTM Free Cash FlowTrailing 4 quarters
$47.2M
$-309.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBSI
BBSI
NSP
NSP
Q4 25
$76.1M
$255.0M
Q3 25
$38.4M
$-11.0M
Q2 25
$-53.8M
$-79.0M
Q1 25
$5.2M
$-443.0M
Q4 24
$53.4M
$619.0M
Q3 24
$-935.0K
$-150.0M
Q2 24
$-51.3M
$20.0M
Q1 24
$9.0M
$31.0M
Free Cash Flow
BBSI
BBSI
NSP
NSP
Q4 25
$70.6M
$246.0M
Q3 25
$34.1M
$-20.0M
Q2 25
$-58.2M
$-86.0M
Q1 25
$697.0K
$-449.0M
Q4 24
$50.2M
$606.0M
Q3 24
$-4.2M
$-164.0M
Q2 24
$-56.3M
$14.0M
Q1 24
$6.2M
$26.0M
FCF Margin
BBSI
BBSI
NSP
NSP
Q4 25
22.0%
14.7%
Q3 25
10.7%
-1.2%
Q2 25
-18.9%
-5.2%
Q1 25
0.2%
-24.1%
Q4 24
16.5%
37.6%
Q3 24
-1.4%
-10.5%
Q2 24
-20.1%
0.9%
Q1 24
2.3%
1.4%
Capex Intensity
BBSI
BBSI
NSP
NSP
Q4 25
1.7%
0.5%
Q3 25
1.4%
0.6%
Q2 25
1.4%
0.4%
Q1 25
1.5%
0.3%
Q4 24
1.0%
0.8%
Q3 24
1.1%
0.9%
Q2 24
1.8%
0.4%
Q1 24
1.0%
0.3%
Cash Conversion
BBSI
BBSI
NSP
NSP
Q4 25
4.64×
Q3 25
1.86×
Q2 25
-2.92×
Q1 25
-8.69×
Q4 24
3.18×
Q3 24
-0.05×
-50.00×
Q2 24
-3.07×
1.11×
Q1 24
0.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBSI
BBSI

Professional Employer Services$303.6M95%
Staffing Services$17.6M5%

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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