Skip to content
NASDAQ · COMMUNICATIONS EQUIPMENT, NEC · MID CAP

Inseego Corp. INSG

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$166.2M
▼ 13.1% YoY
$838,000
▼ 81.7% YoY
$6.5M
▼ 80.4% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Inseego provides a portfolio of 5G wide area network products and cloud solutions for the enterprise and small and medium business market segments, and its 4G and 5G devices connect end users with broadband for both mobile and fixed wireless use cases. As of December 31, 2025, the company had 275 employees, of whom 266 were full-time. Two customers, Verizon and T-Mobile, together represented approximately 89% of its total revenues for the year ended December 31, 2025. It classifies its revenues from the sale of its products and services into two categories: Product Revenue, made up of Mobile Solutions and Fixed Wireless Access Solutions, and Software Services and Other. Its mobile hotspots, sold under the MiFi brand, have been sold to millions of end users. Its fixed wireless access solutions, deployed by enterprise and small and medium business customers at their distributed sites and employees, consist of indoor, outdoor and industrial routers and gateways supported by its Inseego Connect cloud offering. A substantial majority of its software services and other revenue comes from a SaaS CSP wireless subscriber lifecycle management solution, Inseego Subscribe, used for carriers' management of government and complex enterprise customer subscriptions. Inseego Corp. is a Delaware corporation formed in 2016 as the successor to Novatel Wireless, Inc., a Delaware corporation formed in 1996.

Written from the business description in INSEEGO CORP.'s annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth

USD 166.2M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 166.2 · Net income 0.8
150M300M-50M-100M
2009201220152018202120242025
Compound annual growth
−12.2%
−11.9%
−2.8%
−4.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −11.9% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.6% · Net 0.5%
2%4%6%-10%-20%-30%
200920172025
ROE
FY2015 · ROE -171.5%
-50%-100%-150%
200920172025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: 11%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 6.5
15M30M-15M-30M
200920172025

Total assetsUSD 93.8M
EquityUSD -4.0M
CashUSD 24.9M
Current ratio1.32×

Equity funds -4% of total assets.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
INSG, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.20.20.20.20.30.30.20.20.20.20.20.20.30.30.40.30.3
Operating income $B0.00.0−0.0−0.1−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.1−0.0−0.00.0
EBITDA $B0.00.0−0.0−0.0−0.00.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.1−0.0◌◌
Income tax $B0.00.00.0−0.00.00.00.00.00.00.00.00.00.00.0−0.00.00.0
Net income $B0.00.0−0.0−0.1−0.0−0.1−0.0−0.0−0.0−0.1−0.1−0.0−0.0−0.1−0.0−0.00.0
Free cash flow $B0.00.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EPS, diluted $−0.180.10−4.32−6.59−0.51−1.19−0.52−0.12−0.78−1.12−0.99−1.05−1.28−2.72−0.78−1.060.13
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE %——————————−171.5−104.0−66.6−71.0−14.2−16.91.9
Shares out B0.020.010.010.110.110.100.080.070.060.050.050.050.030.030.030.03◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCommunications Equipment, NEC
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

Share this section

Download image