Inseego

INSG Technology Communication Equipment

Inseego’s revenue for fiscal 2025 (year ended December 2025) was $166.2 million, down 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 9.35%, EPS fell 1,633.3%, free cash flow fell 283.3% and total debt rose 20.5%, each against the same quarter a year earlier.

4.13 0.02 −0.48%
Market cap
$71.4M
P/E
0.0×
Fwd P/E
−22.0×
Dividend yield
—
F-score
4/9
Altman Z
−10.48
Beneish M
−1.92
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 30.26%

Capital & Financial Ratios $m

Market Cap 71.37
Revenue 172.61
Net Income (11.07)
Free Cash Flow (19.90)
Net Debt 48.41
Current Ratio 1.07
Debt/Equity (1.65) (negative: negative equity)
P/E ratio 0.00
Fwd P/E (22.00) (negative: loss-making)
P/S ratio 0.39
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth (313.73%) (below 0%: weak)
Next Y EPS Growth 11.24%
Next Y revenue growth (7.03%) (below 0%: weak)
Next 5Y EPS Growth (8.48%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 20.13%
10-year low 10-year high
EV/Sales against its own 10 years 7.22%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 40 25 2
Receivables 18 14 25 40
Inventory 21 14 8 9
Other 12 — — —
58 73 64 58
2023 2024 2025 Q'26
Payables 23 18 24 29
ST’ Debt 4 — — —
Other 7 — — —
56 63 48 54

Compound Annual Growth %

10y 5y 3y
Sales (2.81%) (11.94%) (12.17%)
Cash Flow 0.00% (18.53%) 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 34 44 — — —
’25 32 40 46 48 166
’24 38 52 54 48 191
’23 51 54 41 22 167
’22 61 62 69 53 245
’21 58 66 66 73 262
’20 57 81 90 86 314
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2 (24) — — —
’25 (3) (4) 3 12 7
’24 5 28 15 (14) 34
’23 8 5 10 (16) 6
’22 (1) (17) (7) (9) (33)
’21 1 (13) (3) (10) (25)
’20 0 4 12 3 20
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (28) — — —
’25 (5) (7) 1 9 (2)
’24 5 26 14 (16) 28
’23 5 3 8 (18) (2)
’22 (5) (20) (10) (11) (47)
’21 (8) (21) 22 (12) (19)
’20 (5) (4) 0 (6) (15)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.28) (0.52) — — —
’25 (0.16) (0.03) 0.03 (0.03) (0.18)
’24 (0.44) (0.02) (0.06) (0.10) 0.10
’23 (0.50) (0.50) (1.90) (1.28) (4.32)
’22 (2.40) (1.20) (1.50) (1.40) (6.60)
’21 (1.80) (1.40) (0.90) (1.10) (5.10)
’20 (2.00) (7.80) (0.60) (1.40) (11.90)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 8.40 8.70 15.80 36.10 39.10 52.90 7.50 1.70 1.60 6.24

Analyst estimates 2026–2028

Powerpack
High 38.00 32.30 44.90 79.00 179.60 219.30 60.10 13.00 20.67 18.11
People
People Employees 1,173 927 819 938 1,015 507 411 345 218 275
Revenue/emp, $m 0.21 0.24 0.25 0.23 0.31 0.52 0.60 0.48 0.88 0.60
Income, $m
Income, $m Revenue 244 219 202 219 314 262 245 167 191 166
Gross margin, % 31.34 30.70 34.87 29.14 28.95 28.93 27.27 21.39 35.97 42.72
EBT (60) (46) (7) (40) (110) (48) (68) (45) (14) 1
EBT margin, % (24.71) (20.81) (3.62) (18.03) (35.19) (18.19) (27.90) (26.88) (7.15) 0.77
Net income (61) (46) (8) (40) (111) (48) (68) (46) 5 1
Depreciation 24 25 24 28 32 27 30 21 17 8
Per share, $
Per share, $ Revenue 45.18 37.35 30.63 28.02 32.65 25.41 22.87 14.71 15.26 10.98
Earnings (11.20) (7.80) (1.20) (5.20) (11.90) (5.10) (6.60) (4.32) 0.10 (0.18)
Cash flow (1.22) (2.48) (0.27) (2.30) 2.09 (2.44) (3.10) 0.52 2.67 0.48
Capex (0.69) (0.75) (0.64) (3.60) (3.61) 0.60 (1.24) (0.73) (0.40) (0.61)
Free cash flow (1.91) (3.23) (0.91) (5.90) (1.53) (1.84) (4.34) (0.21) 2.27 (0.14)
Book value (3.29) (7.77) (5.53) (4.77) (2.90) (2.41) (6.54) (8.98) (1.03) (0.27)
Shares, m 5 6 7 8 10 10 11 11 13 15
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 102.60 0.00
P/S 0.55 0.44 1.36 2.62 4.74 2.29 0.38 0.16 0.67 0.93
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales 0.90 0.95 1.89 3.24 5.14 2.72 1.04 1.12 0.72 1.07
EV/FCF (21.26) (10.95) (43.31) (14.50) (92.20) (32.65) (5.16) (35.98) 5.34 (36.19)
Cash, $m
Cash, $m Operating cash flow (7) (15) (2) (18) 20 (25) (33) 6 34 7
Capex (4) (4) (4) (28) (35) 6 (13) (8) (5) (9)
Free cash flow (10) (19) (6) (46) (15) (19) (47) (2) 28 (2)
Balance, $m
Balance, $m Working capital 6 6 31 20 38 53 21 2 9 16
Total debt 94 132 140 149 167 162 168 164 42 42
Net debt 84 111 108 137 127 112 161 162 2 17
Shareholders’ equity (18) (46) (37) (37) (28) (25) (70) (102) (13) (4)
Returns, %
Returns, % ROA (33.89) (28.86) (5.03) (25.02) (58.71) (23.63) (37.63) (34.91) 1.17 (2.82)
ROIC (42.28) (21.35) 12.18 (12.25) (15.89) (33.45) (39.88) (37.78) 0.00 21.27
ROE (951.21) 144.41 19.62 109.59 349.75 198.54 148.90 57.11 (2.27) 32.37
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Inseego vs peers in Communication Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CRNT Ceragon Networks Ltd. $183.6M — (loss-making) 29.6× +14.16% (above 0%: growing) n/m −65.76% (below 0%: shrinking) 31.65% 0.25% Compare
OCC Optical Cable Corporation $125.6M 44.5× — (loss-making) +21.99% (above 0%: growing) +425.00% (above 0%: growing) +156.41% (above 0%: growing) 37.43% 8.69% Compare
AMPG AmpliTech Group, Inc. $77.3M — (loss-making) 21.6× −26.81% (below 0%: shrinking) n/m −3.69% (below 0%: shrinking) 27.93% (39.60%) Compare
INSG Inseego $71.4M — (loss-making) — (loss-making) +9.35% (above 0%: growing) n/m −283.33% (below 0%: shrinking) 33.75% (16.45%)
AIRG Airgain, Inc. $54.9M — (loss-making) — (loss-making) +0.55% (above 0%: growing) n/m −1,715.93% (below 0%: shrinking) 42.26% (12.30%) Compare
WATT Energous Corporation $49.5M — (loss-making) — (loss-making) +216.82% (above 0%: growing) n/m −90.60% (below 0%: shrinking) 3.04% (103.37%) Compare
CMTL Comtech Telecommunications Corp. $43.4M — (loss-making) — (loss-making) −8.63% (below 0%: shrinking) n/m +520.63% (above 0%: growing) 16.01% 14.92% Compare
BOSC B.O.S. Better Online Solutions $30.3M 7.9× 8.5× +28.85% (above 0%: growing) +46.15% (above 0%: growing) +208.74% (above 0%: growing) 22.95% 7.20% Compare
FKWL Franklin Wireless Corp. $26.3M — (loss-making) 71.5× +21.21% (above 0%: growing) n/m −138.43% (below 0%: shrinking) 9.03% (21.50%) Compare
Median of peers $52.2M — 25.6× +17.69% — −34.72% 25.44% (6.02%)

All 47 Communication Equipment stocks →

Inseego (INSG) key facts

  • Concern: Inseego’s revenue for fiscal 2025 (year ended December 2025) was $166.2 million, down 13.1% from fiscal 2024.
  • Inseego (INSG) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, INSG traded at $4.13, a market capitalization of $71.4 million.
  • Return on equity was 32.4% and debt-to-equity -1.65.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −10.48 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Inseego (INSG) Latest News

13 Aug

Impact 3 · transcript

12 May

Impact 4 · transcript
stockrow.com/INSG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com