Inseego Corp.

NASDAQ•INSG

CEO: Mr. Philip Gordon Brace

Sector: Technology

Industry: Communication Equipment

Listing Date: 2000-11-21

Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems. It also offers fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides Inseego Connect solution for device management; and 5G SD EDGE solution for secure networking enabling corporate managed mobile remote workforce. Further, it offers SaaS solutions, including telematic and asset tracking solution that provides live maps and data to improve driver safety and performance; Inseego Subscribe, a wireless subscriber management solution for carrier's management of their government and complex enterprise customer subscriptions. The company was founded in 1996 and is based in San Diego, California.

Contact Information

9710 Scranton Road, Suite 200, San Diego, CA, 92121, United States

858-812-3400

www.inseego.com

Market Cap

$196.41M

P/E (TTM)

219.4

38.8

Dividend Yield

52W High

$18.11

52W Low

$6.24

52W Range

49%

Rank71Top 99.6%

1.0

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$48.40M+0.00%

4-Quarter Trend

EPS

-$0.03+0.00%

4-Quarter Trend

FCF

$11.62M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Gross Margin Expansion Achieved Gross margin improved to 42.7% in 2025, up from 36.0% in 2024, driven by higher margin Software Services revenues.

Total Revenue Decline Noted Total revenues fell 13.1% to $166.2M in 2025, primarily due to a $31.0M decrease in Mobile Solutions sales.

Continuing Operations Profitability Income from continuing operations was $1.24M profit, reversing the significant $14.4M loss reported from continuing operations in 2024.

Preferred Stock Retired Exchanged $42.0M liquidation value Series E Preferred Stock for $26.0M aggregate value consideration in January 2026.

Risk Factors

Customer Revenue Concentration Two customers accounted for 62.2% of 2025 revenues, posing significant adverse business risk if relationships change.

Supply Chain Component Reliance Dependence on sole source suppliers like Qualcomm exposes production and costs to external supply chain risks.

FWA Market Materialization Risk Fixed Wireless Access market growth may materialize slower than anticipated, delaying revenue targets and product adoption.

Litigation and IP Exposure Ongoing legal proceedings, including intellectual property claims, could result in costly litigation or required licensing expenses.

Outlook

Expand Enterprise Go-to-Market Strategy focuses on enhancing routes to market through mobile operators and channel partners targeting enterprise and SMB segments.

Improve SaaS Revenue Penetration Focused on improving recurring subscription revenue by providing value-added capabilities to customers through cloud solutions.

New 5G Product Introduction Plan to introduce new generation 5G mobile hotspot utilizing the Qualcomm SDX72 chipset in early 2026.

Capital Structure Management Successfully deleveraged capital structure via Telematics divestiture and Preferred Stock exchange, supporting future flexibility.

Peer Comparison

Revenue (TTM)

UIS

$1.95B

-2.9%

MEI

$978.20M

-8.4%

EGHT

$727.55M

+1.6%

Gross Margin (Latest Quarter)

ONTF

74.9%

+0.5pp

KLTR

72.4%

+3.4pp

ASUR

69.2%

-3.4pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
EB	$440.47M	-41.4	-5.9%	22.4%
ONTF	$342.84M	-11.8	-19.6%	2.4%
EGHT	$287.00M	-73.1	-2.9%	56.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

15.2%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:May 6, 2026

EPS:-$0.12

Revenue:$34.53M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data