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Inseego Corp. (INSG) stock

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NASDAQ: INSG Nasdaq Communications Equipment Next results ~November 4, 2026

D Fundamentals grade

Inseego Corp. is a US-listed company in the communications equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$3.3

Revenue-to-maturity cash-flow model

Base case. Range ~$3.3–$5.4 across our lower- and higher-growth cases (0%–5% a year).

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Inseego Corp. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds51 adding, 33 cuttingOf 20 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Inseego files

Where Inseego stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $173m, down 0.8% on a year earlier, a smaller fall than the 8.9% decline a quarter earlier. That puts it 18 of 21 for growth among the communications equipment companies we cover. Free-cash-flow margin held at -4.5%. Operating margin narrowed to -4.3% from 2.1%. The diluted share count is up 12.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 1 of our 2 financial-health checks. Our revenue-to-maturity cash-flow model value is $5.94 a share, against a share price of $5.04.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Inseego Corp.'s trailing-twelve-month revenue fell 0.8% year on year, with a free-cash-flow margin of -4.5%. Where it lags: change in share count of 12.0% ranks 32 of 36 communications equipment companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to -0.8% (+8.1pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Inseego Corp.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 0.8% over the last 12 months.
  • Loss-making. Operating margin is -4.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 6.4 points on a year ago.
  • Burning cash. Free cash flow was -4.5% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 12.0% in a year.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.18 against an average estimate of -$0.12: missed by 53.2%
Revenue
$44m, up 9.4% on a year earlier
Share reaction
-31.5% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
Q3 2026 total revenue $28m to $35m (Q3 2026); Q3 2026 Adjusted EBITDA $-2m to $-1m (Q3 2026)
Next report
November 4, 2026; average EPS estimate -$0.33

Inseego's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.1%
  • 1 week+2.3%
  • 1 month-1.7%
  • This year-55.9%
  • 1 year-72.8%
  • 5 years-93.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$173M
Operating margin
-4.3%
Net margin
-6.4%
EPS (TTM, diluted)
$-0.70

Growth

Revenue growth
−0.8%
Change in growth rate
+8.1 pts
Share count change
+12.0%

Cash

Free cash flow (TTM)
-$7.9M
FCF margin
-4.5%
Stock pay % of revenue
5.5%

Earnings

Last results
August 5, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Deal
  2. Leadership
  3. Results
  4. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Inseego Corp. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Inseego Corp. as an operating company, with every model that fits that kind of business. Cost of equity 11.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.49 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$3.3 ~$3.3–$5.4 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$3.1 ~$2.5–$5.3 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$11 ~$9.2–$58 Left out: far from the other models (more than 3x away from their median)
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$3.3 ~$3.1–$3.3 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Inseego Corp. with Communications Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$16.70$24.40$16.10$41.50$73.30$154.70$58.30$8.40$2.20$10.26$10.27$4.53
Market value$88m$132m$95m$274m$574m$1.5bn$602m$90m$25m$129m$155m$72m
+ Net debt (− = net cash)$115m$114m$135m$123m$141m$125m$111m$151m$162m$17m$17m$48m
Enterprise value$203m$245m$230m$397m$715m$1.6bn$713m$241m$187m$146m$172m$120m
Multiples
Price / sales 0.4x0.5x0.4x1.4x2.6x4.7x2.3x0.4x0.1x0.7x0.9x0.4x
Price / earnings —————————28.1x185.4x—
Price / free cash flow —————103.9x——4.4x3.8x23.8x—
EV / EBITDA ———14.3x—n/m———10.2x13.5x96.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

36 /100

Weak moat

How hard Inseego's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 14 / 20

    Cash operating profit has been a median 11.0% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 30.7%, moving by 5.1 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -11.4%; its worst year was -22.1%.

  • Cash conversion 1 / 20

    Free cash flow was positive in 1 of 10 years, at a median -4.1% of revenue.

  • Discipline 8 / 20

    The diluted share count rose 81.8% over five years; stock-based pay has been a median 3.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (41 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $31m and EPS of −$0.33 (range −$0.34 to −$0.32) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.73 −308% $154m −7%
Next −$0.65 +11% $170m +10%

Next year's EPS estimate has moved −200.8% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −353.5% on 90 days ago. In the last 30 days, 0 analysts raised Inseego Corp.'s forecast and 1 cut it.

Consensus EPS forecast Inseego Corp., last 90 days
−$1.00 −$0.50 $0.00 $0.50 $1.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.29 Current fiscal year, 60 days ago: $0.29 Current fiscal year, 30 days ago: −$0.68 Current fiscal year, 7 days ago: −$0.68 Current fiscal year, Now: −$0.73 −$0.73 Next fiscal year, 90 days ago: $0.64 Next fiscal year, 60 days ago: $0.64 Next fiscal year, 30 days ago: −$0.55 Next fiscal year, 7 days ago: −$0.55 Next fiscal year, Now: −$0.65 −$0.65

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.29$0.64
60 days ago $0.29$0.64
30 days ago −$0.68−$0.55
7 days ago −$0.68−$0.55
Now −$0.73−$0.65

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.12 −$0.18 −53.2%
Mar 2026 −$0.12 −$0.06 +51.3%
Dec 2025 $0.07 $0.11 +54.4%
Sept 2025 $0.17 $0.12 −25.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Full-year 2026 total revenue Full-year 2026 about $155m
    “Full-year 2026 total revenue of ap proximately $155 million.” source
  • Q3 2026 total revenue Q3 2026 $28m to $35m
    “Q3 2026 total revenue i n the range of $28.0 million to $35.0 million.” source
  • Q3 2026 Adjusted EBITDA Q3 2026 $-2m to $-1m Non-GAAP
    “Q3 2026 Adjusted EBITDA* in the range of negative $2.0 million to negative $1.0 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 2026314
  3. Aug 2026314

Counts of recommendations published by analysts covering Inseego Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
19.0%
of tradable shares
Days to cover
7.22
at average volume
Short interest, 1 month
+10%
to October 15, 2026
Held by institutions
59%
of shares
Held by insiders
12.4%
of shares
Employees
266
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −72.8%

$16.64 on October 31, 2025 to $4.53

ThenNowEffect
Revenue (last 12 months) $174m $173m −0.8%
P/S multiple 1.3x 0.4x −69.3%
Share count 14m 16m −10.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +22.4%

$3.70 on November 3, 2023 to $4.53

ThenNowEffect
Revenue (last 12 months) $226m $173m −23.8%
P/S multiple 0.2x 0.4x +133.2%
Share count 11m 16m −31.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
INSG−62%−86%−74%+366%+0%−56%
Industry peers (median)+18%−18%−12%+23%+3%−3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
INSG25%33%42%58%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
INSG−74%−87%−85%−48%−53%−82%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 99% from January 25, 2021 to January 17, 2024. Getting back needed a 11389% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$3.61 – $20.29
From 52-week high
−77.7%
vs 50-day average
+5.3%
vs 200-day average
−51.7%
Volatility (1 year)
82%
Beta vs S&P 500
2.79

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±18.0%
After a week
4 up, 8 down
typical move ±29.9%
After a month
4 up, 8 down
typical move ±42.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −31.5% −0.4% −35.1% −48.0%
May 7, 2026 −15.5% +0.5% −26.0% −40.7%
February 19, 2026 +27.8% +0.5% +25.3% +10.9%
November 6, 2025 −1.0% −1.0% −19.4% −18.3%
August 7, 2025 −3.5% +0.7% +24.0% +83.8%
May 8, 2025 −3.7% +0.6% −5.6% −6.3%
February 19, 2025 −0.5% −0.2% −11.8% −24.0%
November 12, 2024 −44.9% −0.3% −34.8% −43.0%
August 7, 2024 +20.0% +1.6% +35.8% +75.3%
May 9, 2024 +34.1% +0.7% +71.5% +111.5%
February 21, 2024 −17.5% +2.2% −32.8% −4.8%
November 2, 2023 −15.9% +2.8% −36.4% −43.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Inseego Corp. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Inseego Corp.
$160M $170M $180M $190M $200M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $198.6M Revenue (TTM), FY23 Q4: $181.6M Revenue (TTM), FY24 Q1: $168.3M Revenue (TTM), FY24 Q2: $166.4M Revenue (TTM), FY24 Q3: $179.1M Revenue (TTM), FY24 Q4: $191.2M Revenue (TTM), FY25 Q1: $185.4M Revenue (TTM), FY25 Q2: $174M Revenue (TTM), FY25 Q3: $165.9M Revenue (TTM), FY25 Q4: $166.2M Revenue (TTM), FY26 Q1: $168.9M Revenue (TTM), FY26 Q2: $172.6M $172.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $198.6M
FY23 Q4 $181.6M
FY24 Q1 $168.3M
FY24 Q2 $166.4M
FY24 Q3 $179.1M
FY24 Q4 $191.2M
FY25 Q1 $185.4M
FY25 Q2 $174M
FY25 Q3 $165.9M
FY25 Q4 $166.2M
FY26 Q1 $168.9M
FY26 Q2 $172.6M
Revenue growth, TTM YoY Inseego Corp.
-30% -20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -25.1% Revenue growth, TTM YoY, FY23 Q4: -26.0% Revenue growth, TTM YoY, FY24 Q1: -28.3% Revenue growth, TTM YoY, FY24 Q2: -26.5% Revenue growth, TTM YoY, FY24 Q3: -9.8% Revenue growth, TTM YoY, FY24 Q4: 5.3% Revenue growth, TTM YoY, FY25 Q1: 10.1% Revenue growth, TTM YoY, FY25 Q2: 4.6% Revenue growth, TTM YoY, FY25 Q3: -7.4% Revenue growth, TTM YoY, FY25 Q4: -13.1% Revenue growth, TTM YoY, FY26 Q1: -8.9% Revenue growth, TTM YoY, FY26 Q2: -0.8% -0.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -25.1%
FY23 Q4 -26.0%
FY24 Q1 -28.3%
FY24 Q2 -26.5%
FY24 Q3 -9.8%
FY24 Q4 5.3%
FY25 Q1 10.1%
FY25 Q2 4.6%
FY25 Q3 -7.4%
FY25 Q4 -13.1%
FY26 Q1 -8.9%
FY26 Q2 -0.8%
Operating margin (TTM) Inseego Corp.
-30% -20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -20.3% Operating margin (TTM), FY23 Q4: -18.6% Operating margin (TTM), FY24 Q1: -19.7% Operating margin (TTM), FY24 Q2: -16.8% Operating margin (TTM), FY24 Q3: -4.4% Operating margin (TTM), FY24 Q4: 0.9% Operating margin (TTM), FY25 Q1: 2.3% Operating margin (TTM), FY25 Q2: 2.1% Operating margin (TTM), FY25 Q3: 2.9% Operating margin (TTM), FY25 Q4: 2.6% Operating margin (TTM), FY26 Q1: 0.7% Operating margin (TTM), FY26 Q2: -4.3% -4.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -20.3%
FY23 Q4 -18.6%
FY24 Q1 -19.7%
FY24 Q2 -16.8%
FY24 Q3 -4.4%
FY24 Q4 0.9%
FY25 Q1 2.3%
FY25 Q2 2.1%
FY25 Q3 2.9%
FY25 Q4 2.6%
FY26 Q1 0.7%
FY26 Q2 -4.3%
FCF margin (TTM) Inseego Corp.
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 6.6% FCF margin (TTM), FY23 Q4: 3.2% FCF margin (TTM), FY24 Q1: 2.0% FCF margin (TTM), FY24 Q2: 15.7% FCF margin (TTM), FY24 Q3: 17.5% FCF margin (TTM), FY24 Q4: 17.5% FCF margin (TTM), FY25 Q1: 13.3% FCF margin (TTM), FY25 Q2: -4.4% FCF margin (TTM), FY25 Q3: -11.7% FCF margin (TTM), FY25 Q4: 3.9% FCF margin (TTM), FY26 Q1: 6.9% FCF margin (TTM), FY26 Q2: -4.5% -4.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 6.6%
FY23 Q4 3.2%
FY24 Q1 2.0%
FY24 Q2 15.7%
FY24 Q3 17.5%
FY24 Q4 17.5%
FY25 Q1 13.3%
FY25 Q2 -4.4%
FY25 Q3 -11.7%
FY25 Q4 3.9%
FY26 Q1 6.9%
FY26 Q2 -4.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Inseego took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $166M
  2. Cost of revenue $95.2M · 57.3%
  3. Gross profit $71M · 42.7%
  4. Research and development $19.8M · 11.9%
  5. Selling, general and admin $38.2M · 23.0%
  6. Other operating costs $8.7M · 5.2%
  7. Operating income $4.3M · 2.6%
  8. Interest and other $3.4M · 2.1%
  9. Net income $838,000 · 0.5%

Shares of revenue. Source: Inseego's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 337 339 403 344 335 185 221 244 219 202 219 314 262 245 167 191 166 173
Gross profit 88 66 85 72 68 37 59 76 67 71 64 91 76 67 36 69 71 71
EBITDA 16 −13 −16 −76 −34 −28 −29 −31 −8 28 −1 3 −21 −31 −17 14 13 1
Operating income 3 −25 −34 −89 −43 −36 −38 −45 −22 14 −20 −25 −47 −58 −36 2 4 −7
Net income 4 −33 −25 −89 −43 −39 −52 −61 −46 −8 −40 −111 −48 −68 −46 5 1 −11
Diluted EPS $1.30 −$10.60 −$7.80 −$27.20 −$12.80 −$10.50 −$9.90 −$11.20 −$7.80 −$1.20 −$5.20 −$11.90 −$5.10 −$6.59 −$4.32 $0.10 −$0.18 −$0.70
Growth (year on year)
Revenue — +0.5% +18.9% −14.5% −2.7% −44.7% +19.3% +10.2% −10.0% −7.7% +8.4% +43.0% −16.4% −6.5% −31.8% +14.3% −13.1% −0.8%
EBITDA — −184.4% — — — — — — — — −104.0% — — — — — −10.4% −90.4%
Operating income — — — — — — — — — — −239.5% — — — — — — −300.5%
Net income — — — — — — — — — — — — — — — — −81.7% −250.9%
Diluted EPS — — — — — — — — — — — — — — — — −280.0% −234.7%
Margins
Gross margin 26.0% 19.6% 21.0% 21.0% 20.4% 20.0% 26.7% 31.3% 30.7% 34.9% 29.1% 28.9% 28.9% 27.3% 21.4% 36.0% 42.7% 41.1%
EBITDA margin 4.7% −3.9% −3.9% −22.2% −10.2% −15.2% −13.3% −12.7% −3.6% 13.7% −0.5% 0.9% −8.1% −12.5% −10.3% 7.4% 7.7% 0.7%
Operating margin 0.8% −7.4% −8.4% −25.8% −12.9% −19.2% −17.1% −18.5% −10.1% 6.9% −8.9% −8.0% −17.7% −23.6% −21.5% 0.9% 2.6% −4.3%
Net margin 1.2% −9.9% −6.2% −25.9% −13.0% −21.2% −23.7% −24.9% −20.9% −4.0% −18.3% −35.4% −18.3% −27.7% −27.6% 2.4% 0.5% −6.4%
Free-cash-flow margin 9.2% −1.3% −1.9% −10.0% −9.4% −9.7% −13.1% −3.3% −7.5% −1.5% −11.2% 4.6% −11.5% −14.2% 3.4% 17.5% 3.9% −4.5%
Cash flow
Cash from operations 37 6 −2 −30 −27 −16 −27 −7 −15 −2 −18 20 −25 −33 6 34 7 −7
Capital spending 6 11 6 5 5 2 2 1 2 1 7 6 5 1 0 0 1 1
Free cash flow 31 −5 −8 −34 −32 −18 −29 −8 −16 −3 −25 14 −30 −35 6 33 7 −8
Stock-based pay 7 6 6 8 3 4 6 5 4 5 7 10 17 18 7 4 7 10
Free cash flow after stock pay 24 −11 −14 −42 −35 −22 −35 −13 −20 −8 −32 4 −47 −53 −1 30 −1 −17
Balance sheet
Cash 100 17 47 16 3 18 13 10 21 31 12 40 46 7 2 40 25 2
Total debt 0 0 0 0 3 5 127 124 157 154 153 165 158 158 164 57 42 50
Net debt (negative = net cash) −100 −17 −47 −16 −0 −13 115 114 135 123 141 125 111 151 162 17 17 48
Diluted shares 3m 3m 3m 3m 3m 4m 5m 5m 6m 7m 8m 10m 10m 11m 11m 13m 15m 16m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 2 checks passed · June 30, 2026
What it owns · $90m
Short-term assets $58mLonger-term assets $32m
What it owes, and who funded it · $121m
Short-term liabilities $54mLonger-term liabilities $67mShareholders' equity $-31m
  • Short-term assets cover short-term liabilities $58m of assets due within a year against $54m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $58m short-term assets against $67m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Inseego Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+12.0%
year over year
R&D spending
12.5%
of revenue
Days sales outstanding
85 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in communications equipment
Last 12 months unless stated INSG ONDS CLFD KVHI AUDC LTRX Median
Revenue, last 12 months $173m $174m $154m $125m $246m $121m $324m
Revenue growth, last 12 months −0.8% 979.3% 34.0% 15.8% 1.4% −1.6% 11.0%
Revenue growth, 3-year average −8.6% 166.7% −21.2% −3.5% 21.4% −2.7% 4.1%
Revenue growth, latest quarter 9.4% >999% 13.2% 26.7% — 8.0% 12.9%
Gross margin 41.1% 43.7% 33.0% 1.7% 65.0% 43.8% 43.7%
Operating margin −4.3% −140.4% −0.2% −7.0% 5.7% −3.4% 2.2%
Operating margin, 3-year average −6.3% −253.1% −4.3% −11.3% 9.3% −4.7% −1.4%
Net margin −6.4% 96.0% −4.7% −4.7% 3.6% −3.5% −0.0%
Cash from operations / revenue −4.0% −92.5% 10.3% 5.5% 12.0% 8.2% 9.9%
Free-cash-flow margin −4.5% −98.7% 8.2% −2.7% 9.3% 7.7% 7.7%
Free-cash-flow margin, 3-year average 2.3% −210.5% 11.2% −6.5% 12.7% 8.0% 2.2%
Stock pay / revenue 5.5% 15.0% 3.1% 1.2% 2.7% 5.2% 3.9%
Change in share count 12.0% 31.9% −2.5% −0.1% −5.4% 4.0% 1.5%

Median of all 40 companies we cover in communications equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 communications equipment companies
Measure Company Peer median Rank
Revenue growth Growth -0.8% 11.3% 31 of 40
Change in growth rate Growth +8.1pp +2.0pp 14 of 40
Gross margin Profitability 41.1% 44.1% 23 of 36
Operating margin Profitability -4.3% 2.4% 26 of 40
Net margin Profitability -6.4% 0.6% 28 of 40
Free-cash-flow margin Cash generation -4.5% 8.2% 28 of 38
Stock pay as % of revenue Cash generation 5.5% 3.9% 26 of 37
Change in share count Balance sheet 12.0% 1.6% 32 of 36
Days sales outstanding Balance sheet 85 days 75 days 23 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $118M 70.8% ▼ 19.7%
Mobile Solutions $67.9M 57.7% ▼ 31.3%
Fixed Wireless Access Solutions $49.8M 42.3% ▲ 4.4%
Software Services and Other $48.5M 29.2% ▲ 8.6%
Geography
Region Revenue Share YoY
United States and Canada $164M 98.8% ▼ 10.9%
Europe $1.7M 1.0% ▼ 67.9%
Other Geographic Regions $232,000 0.1% ▼ 85.7%

From Inseego Corp.'s 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$75.5M
Institutions reporting
97
Shares held vs prior quarter
▲ 5.5%
Positions opened / closed
22 / 10

Top buyers and sellers, Q2 2026: 51 institutions bought and 33 sold ; the biggest buyer was First Eagle Investment Management, LLC (+437K shares) and the biggest seller Mic Capital Management Uk LLP (−767K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
First Eagle Investment Management, LLC $10.4M 1.0M 13.8% ▲ 76.5%
Royce & Associates LP $10.3M 997K 13.6% ▲ 23.9%
Blackrock, Inc. $8.4M 813K 11.1% ▲ 3.5%
Gendell Jeffrey L $7.6M 740K 10.1% ▲ 72.5%
Vanguard Capital Management LLC $5.9M 570K 7.8% ▲ 11.6%
Geode Capital Management, LLC $3M 290K 4.0% ▲ 2.8%
State Street Corp $2.3M 224K 3.1% ▲ 1.1%
Marshall Wace, LLP $2.2M 209K 2.9% ▼ 9.5%
Renaissance Technologies LLC $2M 195K 2.7% ▲ 64.6%
Dimensional Fund Advisors LP $1.9M 188K 2.6% ▲ 45.3%
UBS Group AG $1.8M 174K 2.4% ▲ 1.7%
Russell Investments Group, Ltd. $1.5M 142K 1.9% ▲ 6.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Inseego Corp.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • February 19, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Inseego Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Inseego Corp. in brief

What does Inseego Corp. do?
Inseego Corp. is a US-listed company in the communications equipment industry. Its financial year ends in December.
What is Inseego Corp.'s stock ticker?
Inseego Corp. trades under the ticker INSG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Inseego Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Inseego Corp. reported revenue of $173M, 0.8% lower than a year earlier, according to its SEC filings.
What is Inseego Corp.'s free cash flow?
Inseego Corp.'s free-cash-flow margin is -4.5% of revenue over the trailing twelve months, ranking 28 of the 38 communications equipment companies we cover.
Who are Inseego Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are First Eagle Investment Management, LLC, Royce & Associates LP and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Inseego Corp.'s market cap?
On November 2, 2026, Inseego Corp.'s market capitalisation was about $71.5M and net debt of $48.4M. Market figures come from third-party market data and may be delayed.
Who are Inseego Corp.'s competitors?
In our Communications Equipment peer group, the companies closest to Inseego Corp. are Ondas Inc., Clearfield, Inc., KVH Industries Inc \de\, Audiocodes LTD and Lantronix Inc. The side-by-side comparison below sets their revenue, margins and growth against Inseego Corp.'s.
When is Inseego Corp.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Inseego Corp. announces its own schedule.