NASDAQ : INSG
Inseego Corp. — Financial statements
Technology · Communication Equipment · United States
Last price 4.58 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 75.21M
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Financial statements
Inseego Corp. (INSG) reported revenue of 172.61M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 172.61M | 166.19M | 191.24M | 167.29M | 245.32M | 262.40M |
| Cost of Revenue | 101.67M | 95.19M | 122.45M | 131.51M | 178.41M | 186.47M |
| Gross Profit | 70.94M | 71.00M | 68.80M | 35.78M | 66.91M | 75.92M |
| Selling, General & Admin | 47.84M | 38.16M | 33.19M | 32.48M | 59.03M | 66.48M |
| Research & Development | 21.56M | 19.80M | 20.60M | 19.73M | 38.29M | 52.67M |
| Amortization of Goodwill & Intangibles | 2.09M | |||||
| Operating Expenses | 77.94M | 66.30M | 66.16M | 70.62M | 121.81M | 121.25M |
| Operating Income | -7.00M | 4.70M | 2.64M | -34.84M | -54.90M | -45.32M |
| Interest Expense | -4.08M | -3.77M | -10.91M | -9.09M | -7.15M | -6.76M |
| Other Non Operating Income (Expenses) | 420.00K | 737.00K | -850.00K | 70.00K | -3.36M | 2.93M |
| EBT Excluding Unusual Items | -10.66M | 1.67M | -9.11M | -43.86M | -65.42M | -49.15M |
| Gain (Loss) on Sale of Assets | 3.06M | |||||
| Asset Writedown | -341.00K | -384.00K | -927.00K | -1.11M | -3.01M | -1.20M |
| Other Unusual Items | -3.64M | -432.00K | ||||
| Pretax Income | -11.01M | 1.28M | -13.68M | -44.97M | -68.43M | -47.72M |
| Income Tax Expense | 68.00K | 44.00K | 689.00K | 43.00K | -465.00K | 191.00K |
| Earnings From Continuing Operations | -11.07M | 1.24M | -14.37M | -45.02M | -67.97M | -47.91M |
| Earnings From Discontinued Operations | -400.00K | 18.94M | -1.17M | |||
| Net Income to Company | -11.07M | 838.00K | 4.57M | -46.19M | -67.97M | -47.91M |
| Minority Interest in Earnings | -214.00K | |||||
| Net Income | -11.07M | 838.00K | 4.57M | -46.19M | -67.97M | -48.12M |
| Preferred Dividends & Other Adjustments | -13.27M | 3.57M | 3.27M | 2.99M | 2.74M | 4.24M |
| Net Income to Common | 2.20M | -2.74M | 1.30M | -49.18M | -70.70M | -52.37M |
| Shares Outstanding (Basic) | 15.73M | 15.13M | 12.54M | 11.37M | 10.73M | 10.32M |
| Shares Outstanding (Diluted) | 15.96M | 15.13M | 12.54M | 11.37M | 10.73M | 10.32M |
| EPS (Basic) | 0.14 | -0.18 | 0.10 | -4.32 | -6.59 | -5.07 |
| EPS (Diluted) | 0.14 | -0.18 | 0.10 | -4.32 | -6.59 | -5.07 |
| Free Cash Flow | -7.85M | 6.53M | 33.42M | 5.73M | -34.77M | -30.14M |
| Free Cash Flow Per Share | -0.49 | 0.43 | 2.67 | 0.50 | -3.24 | -2.92 |
| Gross Margin | 41.10% | 42.72% | 35.97% | 21.39% | 27.27% | 28.93% |
| Operating Margin | -4.06% | 2.83% | 1.38% | -20.83% | -22.38% | -17.27% |
| Profit Margin | 1.27% | -1.65% | 0.68% | -29.40% | -28.82% | -19.96% |
| Free Cash Flow Margin | -4.55% | 3.93% | 17.47% | 3.43% | -14.17% | -11.49% |
| EBITDA | -5.57M | 5.95M | 5.57M | -30.03M | -45.60M | -32.19M |
| EBITDA Margin | -3.23% | 3.58% | 2.91% | -17.95% | -18.59% | -12.27% |
| D&A For EBITDA | 1.43M | 1.25M | 2.93M | 4.81M | 9.31M | 13.13M |
| EBIT | -7.00M | 4.70M | 2.64M | -34.84M | -54.90M | -45.32M |
| EBIT Margin | -4.06% | 2.83% | 1.38% | -20.83% | -22.38% | -17.27% |
| Effective Tax Rate | 3.43% | |||||
| Revenue as Reported | 172.61M | 166.19M | 191.24M | 167.29M | 245.32M | 262.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.88M | 24.89M | 39.60M | 2.41M | 7.14M | 46.47M |
| Short-Term Investments | 1.02M | |||||
| Cash & Short-Term Investments | 1.88M | 24.89M | 39.60M | 2.41M | 7.14M | 47.50M |
| Accounts Receivable | 40.13M | 25.09M | 13.80M | 18.20M | 25.26M | 26.78M |
| Other Receivables | 3.58M | 4.10M | 3.51M | 3.77M | 5.60M | 9.02M |
| Receivables | 43.70M | 29.19M | 17.31M | 21.98M | 30.86M | 35.80M |
| Inventory | 8.92M | 7.73M | 13.57M | 20.55M | 37.98M | 37.40M |
| Prepaid Expenses | 1.27M | |||||
| Restricted Cash | 3.34M | |||||
| Other Current Assets | 3.59M | 2.29M | 2.42M | 13.29M | 2.38M | 2.31M |
| Total Current Assets | 58.10M | 64.09M | 72.90M | 58.23M | 78.36M | 127.62M |
| Property, Plant & Equipment | 4.33M | 4.54M | 3.96M | 6.41M | 16.87M | 20.52M |
| Goodwill | 3.95M | 3.95M | 3.95M | 3.95M | 21.92M | 20.34M |
| Other Intangible Assets | 23.35M | 20.68M | 18.75M | 25.72M | 41.38M | 46.99M |
| Other Long-Term Assets | 657.00K | 557.00K | 446.00K | 27.49M | 1.42M | 377.00K |
| Total Assets | 90.39M | 93.81M | 100.00M | 121.80M | 159.95M | 215.84M |
| Accounts Payable | 28.69M | 23.58M | 18.43M | 23.41M | 29.02M | 48.58M |
| Accrued Expenses | 10.07M | 14.47M | 14.65M | 13.03M | 13.58M | 14.52M |
| Short-Term Debt | 370.00K | |||||
| Current Portion of Long-Term Debt | 14.90M | 4.09M | ||||
| Current Portion of Leases | 1.02M | 968.00K | 1.35M | 1.23M | 1.76M | 1.77M |
| Current Unearned Revenue | 4.80M | 6.17M | 9.24M | 2.72M | 5.06M | 3.83M |
| Other Current Liabilities | 9.75M | 3.25M | 4.89M | 11.44M | 7.55M | 5.76M |
| Total Current Liabilities | 54.33M | 48.44M | 63.47M | 55.91M | 56.96M | 74.83M |
| Long-Term Debt | 50.29M | 41.61M | 41.83M | 159.91M | 166.28M | 157.87M |
| Long-Term Leases | 2.38M | 2.91M | 2.63M | 3.97M | 5.90M | 7.11M |
| Long-Term Unearned Revenue | 3.61M | 4.56M | 4.61M | 1.70M | 600.00K | |
| Long-Term Deferred Tax Liabilities | 192.00K | 186.00K | 174.00K | 112.00K | 323.00K | 852.00K |
| Other Long-Term Liabilities | 10.15M | 147.00K | 147.00K | 2.29M | 37.00K | |
| Total Liabilities | 120.95M | 97.85M | 112.86M | 223.90M | 230.07M | 240.70M |
| Common Stock | 16.00K | 15.00K | 15.00K | 12.00K | 11.00K | 105.00K |
| Additional Paid-In Capital | 875.24M | 903.90M | 892.53M | 810.14M | 793.95M | 770.62M |
| Retained Earnings | -906.24M | -908.36M | -905.62M | -906.93M | -857.75M | -787.05M |
| Comprehensive Income & Other | 420.00K | 403.00K | 218.00K | -5.33M | -6.33M | -8.53M |
| Total Common Equity | -30.56M | -4.04M | -12.86M | -102.11M | -70.12M | -24.85M |
| Shareholders' Equity | -30.56M | -4.04M | -12.86M | -102.11M | -70.12M | -24.85M |
| Total Liabilities & Equity | 90.39M | 93.81M | 100.00M | 121.80M | 159.95M | 215.84M |
| Total Debt | 53.70M | 45.49M | 60.71M | 169.20M | 173.94M | 167.12M |
| Net Cash (Debt) | -51.82M | -20.60M | -21.11M | -166.79M | -166.80M | -119.62M |
| Net Cash Per Share | -3.25 | -1.36 | -1.68 | -14.67 | -15.55 | -11.59 |
| Filing Date Shares Outstanding | 16.42M | 16.22M | 15.01M | 11.88M | 10.85M | 10.54M |
| Total Common Shares Outstanding | 16.40M | 15.39M | 14.99M | 11.88M | 10.85M | 10.54M |
| Working Capital | 3.77M | 15.65M | 9.43M | 2.31M | 21.39M | 52.79M |
| Book Value Per Share | -1.86 | -0.26 | -0.86 | -8.60 | -6.46 | -2.36 |
| Tangible Book Value | -57.86M | -28.67M | -35.55M | -131.77M | -133.42M | -92.19M |
| Tangible Book Value Per Share | -3.53 | -1.86 | -2.37 | -11.09 | -12.30 | -8.75 |
| Machinery | 26.38M | 29.23M | 29.14M | 30.67M | 33.93M | |
| Leasehold Improvements | 767.00K | 767.00K | 767.00K | 772.00K | 863.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -11.07M | 838.00K | 4.57M | -46.19M | -67.97M | -48.12M |
| Depreciation & Amortization | 1.43M | 1.25M | 2.93M | 4.81M | 9.31M | 13.13M |
| Other Amortization | 7.20M | 7.20M | 9.60M | 17.13M | 20.86M | 13.70M |
| Loss (Gain) From Sale of Assets | -5.26M | |||||
| Asset Writedown & Restructuring Costs | 341.00K | 384.00K | 1.06M | 1.58M | 3.01M | 1.20M |
| Stock-Based Compensation | 9.54M | 7.44M | 3.82M | 6.97M | 17.88M | 16.65M |
| Provision & Write-off of Bad Debts | 276.00K | 337.00K | 216.00K | 302.00K | 189.00K | 401.00K |
| Other Operating Activities | -1.01M | -784.00K | -9.86M | 11.71M | 2.84M | -1.15M |
| Change in Accounts Receivable | -16.34M | -11.62M | 4.67M | 3.07M | 2.44M | -1.15M |
| Change in Inventory | 7.83M | 7.45M | 6.92M | 4.27M | -3.06M | -12.49M |
| Change in Accounts Payable | 5.86M | 3.68M | -6.95M | -802.00K | -26.31M | -3.11M |
| Change in Other Net Operating Assets | -10.57M | -8.06M | 9.66M | 896.00K | 7.54M | 999.00K |
| Operating Cash Flow | -6.93M | 7.20M | 33.52M | 5.96M | -33.29M | -25.21M |
| Capital Expenditures | -920.00K | -661.00K | -100.00K | -224.00K | -1.48M | -4.93M |
| Sale of Property, Plant & Equipment | 1.34M | |||||
| Cash Acquisitions | -116.00K | |||||
| Divestitures | 33.69M | |||||
| Sale (Purchase) of Intangibles | -12.05M | -8.62M | -4.96M | -8.11M | -11.84M | -23.91M |
| Other Investing Activities | 710.00K | 48.09M | -1.83M | |||
| Investing Cash Flow | -12.97M | -8.57M | 43.03M | -10.17M | -13.32M | 6.08M |
| Short-Term Debt Issued | 19.35M | 265.00K | ||||
| Long-Term Debt Issued | 7.85M | |||||
| Total Debt Issued | 19.35M | 7.85M | 265.00K | |||
| Short-Term Debt Repaid | -19.50M | -186.00K | -569.00K | |||
| Long-Term Debt Repaid | -14.95M | -38.65M | -3.76M | -62.00K | -3.20M | |
| Total Debt Repaid | -3.33M | -14.95M | -58.15M | -3.94M | -631.00K | -3.20M |
| Net Debt Issued (Repaid) | -3.33M | -14.95M | -38.80M | -3.94M | 7.22M | -2.94M |
| Issuance of Common Stock | 1.95M | 1.52M | 20.00K | 6.15M | 900.00K | 32.86M |
| Other Financing Activities | 10.00M | -2.69M | ||||
| Financing Cash Flow | 8.61M | -13.43M | -38.78M | 2.21M | 5.43M | 29.92M |
| Foreign Exchange Rate Adjustments | -50.00K | 93.00K | -582.00K | 1.17M | -1.49M | -990.00K |
| Net Cash Flow | -11.34M | -14.71M | 37.19M | -832.00K | -42.67M | 9.80M |
| Free Cash Flow | -7.85M | 6.53M | 33.42M | 5.73M | -34.77M | -30.14M |
| Free Cash Flow Margin | -4.55% | 3.93% | 17.47% | 3.43% | -14.17% | -11.49% |
| Free Cash Flow Per Share | -0.49 | 0.43 | 2.67 | 0.50 | -3.24 | -2.92 |
| Levered Free Cash Flow | -6.49M | 1.55M | 25.27M | 3.90M | -12.64M | -26.73M |
| Unlevered Free Cash Flow | -3.94M | 3.90M | 32.09M | 7.63M | -11.13M | -24.00M |
| Cash Interest Paid | 4.08M | 3.94M | 6.25M | 6.01M | 5.54M | 5.39M |
| Cash Income Tax Paid | 1.36M | 196.00K | 142.00K | 168.00K | 523.00K | |
| Change in Working Capital | -13.21M | -8.56M | 14.31M | 7.43M | -19.40M | -15.75M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 75.21M | 157.41M | 153.49M | 25.72M | 90.86M | 612.89M |
| Enterprise Value | 127.03M | 188.62M | 258.05M | 172.78M | 241.18M | 721.64M |
| Last Close Price | 4.58 | 10.27 | 10.26 | 2.20 | 8.43 | 58.30 |
| PE Ratio | 32.74 | 117.79 | ||||
| Forward PE | 42.44 | 47.72 | 79.11 | 79.11 | 79.11 | |
| PS Ratio | 0.44 | 0.95 | 0.80 | 0.15 | 0.37 | 2.34 |
| PB Ratio | -38.92 | -11.94 | -0.25 | -1.30 | -24.66 | |
| P/FCF Ratio | 24.09 | 4.59 | 4.49 | |||
| P/OCF Ratio | 21.88 | 4.58 | 4.32 | |||
| PEG Ratio | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | |
| EV/Sales Ratio | 0.74 | 1.14 | 1.35 | 1.03 | 0.98 | 2.75 |
| EV/EBITDA Ratio | 31.72 | 46.32 | ||||
| EV/EBIT Ratio | 40.13 | 97.67 | ||||
| EV/FCF Ratio | 28.87 | 7.72 | 30.14 | |||
| Debt / Equity Ratio | -1.76 | -11.25 | -4.72 | -1.66 | -2.48 | -6.72 |
| Debt / EBITDA Ratio | 6.29 | 8.49 | ||||
| Debt / FCF Ratio | 6.96 | 1.82 | 29.51 | |||
| Net Debt / Equity Ratio | -1.70 | -5.09 | -1.64 | -1.63 | -2.38 | -4.81 |
| Net Debt / EBITDA Ratio | -9.30 | 3.46 | 3.79 | -5.55 | -3.66 | -3.72 |
| Net Debt / FCF Ratio | -6.60 | 3.15 | 0.63 | 29.09 | -4.80 | -3.97 |
| Asset Turnover | 1.99 | 1.72 | 1.73 | 1.19 | 1.31 | 1.18 |
| Inventory Turnover | 8.48 | 8.94 | 7.17 | 4.49 | 4.73 | 5.23 |
| Quick Ratio | 0.84 | 1.12 | 0.90 | 0.44 | 0.67 | 1.11 |
| Current Ratio | 1.07 | 1.32 | 1.15 | 1.04 | 1.38 | 1.71 |
| Return on Assets (ROA) | -5.04% | 3.03% | 1.49% | -15.46% | -18.26% | -12.78% |
| Return on Invested Capital (ROIC) | -20.57% | 11.08% | 5.16% | -41.26% | -45.00% | -30.97% |
| Return on Capital Employed (ROCE) | -19.40% | 10.40% | 7.20% | -52.90% | -53.30% | -32.10% |
| Earnings Yield | 3.05% | 0.53% | 2.98% | -179.54% | -74.80% | -7.85% |
| FCF Yield | -10.44% | 4.15% | 21.77% | 22.29% | -38.27% | -4.92% |
| Buyback Yield / Dilution | -13.19% | -20.69% | -10.23% | -6.01% | -3.90% | -7.42% |