Inseego Corp. income statement
In fiscal 2025, Inseego Corp. reported revenue of $166m, down 13.1% on the year before, operating income of $4.3m (a 2.6% margin) and net income of $838,000, or −$0.18 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 337 | 339 | 403 | 344 | 335 | 185 | 221 | 244 | 219 | 202 | 219 | 314 | 262 | 245 | 167 | 191 | 166 | 173 |
| Cost of revenue | 250 | 273 | 318 | 272 | 267 | 148 | 162 | 167 | 152 | 132 | 156 | 223 | 186 | 178 | — | — | — | — |
| Gross profit | 88 | 66 | 85 | 72 | 68 | 37 | 59 | 76 | 67 | 71 | 64 | 91 | 76 | 67 | 36 | 69 | 71 | 71 |
| Research and development | 45 | 49 | 61 | 60 | 48 | 34 | 35 | 31 | 21 | 21 | 24 | 45 | 53 | 38 | 20 | 21 | 20 | 22 |
| Selling and marketing | 20 | 21 | 30 | 28 | 21 | 14 | 21 | 30 | 25 | 23 | 29 | 36 | 38 | 33 | 17 | 16 | 17 | 22 |
| General and administrative | 20 | 21 | 22 | 23 | 24 | 15 | 34 | 52 | 34 | 25 | 27 | 31 | 28 | 26 | 16 | 17 | 21 | 26 |
| Operating income | 3 | −25 | −34 | −89 | −43 | −36 | −38 | −45 | −22 | 14 | −20 | −25 | −47 | −58 | −36 | 2 | 4 | −7 |
| Net interest income | 1 | −3 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 4 | −26 | −34 | −89 | −43 | −39 | −52 | −60 | −46 | −7 | −40 | −110 | −48 | −68 | −45 | −14 | 1 | −11 |
| Income tax | 1 | 8 | −10 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | −0 | 0 | 1 | 0 | 0 |
| 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 |
| Diluted shares (average) | 3m | 3m | 3m | 3m | 3m | 4m | 5m | 5m | 6m | 7m | 8m | 10m | 10m | 11m | 11m | 13m | 15m | 16m |
| EBITDA | 16 | −13 | −16 | −76 | −34 | −28 | −29 | −31 | −8 | 28 | −1 | 3 | −21 | −31 | −17 | 14 | 13 | 1 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54 | 48 | 32 | 40 | 46 | 48 | 34 | 44 |
| Cost of revenue | 35 | — | — | — | — | — | — | — |
| Gross profit | 19 | 18 | 15 | 17 | 19 | 20 | 17 | 15 |
| Research and development | 5 | 6 | 5 | 5 | 5 | 6 | 6 | 5 |
| Selling and marketing | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 6 |
| General and administrative | 5 | 5 | 4 | 5 | 6 | 6 | 7 | 8 |
| Operating income | 1 | 2 | −0 | 1 | 2 | 1 | −4 | −7 |
| Income before tax | 8 | −16 | −1 | 1 | 1 | 1 | −5 | −8 |
| Income tax | 0 | 1 | 0 | 0 | −0 | 0 | 0 | 0 |
| Net income | 9 | −1 | −2 | 1 | 1 | 0 | −5 | −8 |
| Diluted EPS | −$0.06 | −$0.13 | −$0.16 | −$0.03 | $0.03 | −$0.03 | $0.65 | −$0.52 |
| EBITDA | 4 | 4 | 2 | 3 | 4 | 4 | −2 | −5 |
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