INSEEGO CORP. INSG

Technology SIC 3669 - Communications Equipment, NEC NAICS Manufacturing › Computer and Electronic Product Manufacturing › Communications Equipment Manufacturing › Other Communications Equipment Manufacturing derived Nasdaq

Inseego is a leader in the design and development of cloud-managed wireless wide area network ("WAN") and intelligent edge solutions. Our 5G WAN portfolio is comprised of secure and high-performance mobile broadband and fixed wireless access ("FWA") solutions with associated cloud solutions for real time WAN visibility, monitoring, automation and control with centralized orchestration of network functions. These devices are specifically built for the carrier, enterprise and small and medium business ("SMB") market segments with a focus on performance, scalability, quality and enterprise grade security. We also provide a Communication Service Provider ("CSP") subscriber lifecycle management SaaS solution for carriers' management of their government and complex enterprise customer subscriptions.

Last close 4.24 2026-10-23
Market cap $69.6M 2026-06-30 share count
52-week range 3.58 - 21.90

Valuation FY2025 figures against the last close

P/S0.4x
P/E—
P/FCF10.7x
EV/EBITDA5.5x
Dividend yield—
Diluted EPS-0.18

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $166.2M$191.2M$167.3M$245.3M$262.4M$313.8M$219.5M$202.5M$219.3M$243.6M
Cost of revenue ———$178.4M$186.5M$223.0M$155.5M$131.9M$152.0M$167.2M
Gross profit $71.0M$68.8M$35.8M$66.9M$75.9M$90.8M$64.0M$70.6M$67.3M$76.3M
R&D $19.8M$20.6M$19.7M$38.3M$52.7M$45.0M$23.9M$20.6M$21.4M$30.7M
SG&A $20.8M$17.2M$15.9M$26.2M$28.2M$30.7M$27.3M$25.3M$34.4M$52.4M
Total operating expenses $66.7M$67.1M$71.7M$124.8M$122.4M$116.0M$83.5M$56.6M$89.5M$121.3M
Operating income $4.3M$1.7M-$36.0M-$57.9M-$46.5M-$25.1M-$19.5M$14.0M-$22.2M-$45.0M
Pre-tax income $1.3M-$13.7M-$45.0M-$68.4M-$47.7M-$110.4M-$39.6M-$7.3M-$45.6M-$60.2M
Income tax $44.0K$689.0K$43.0K$465.0K$191.0K$748.0K$536.0K$815.0K$214.0K$381.0K
Net income $838.0K$4.6M-$46.2M-$68.0M-$48.1M-$111.2M-$40.1M-$8.1M-$45.7M-$60.6M
EPS, basic -0.180.10-4.32-6.59-0.51-1.19-0.52———
EPS, diluted -0.180.10-4.32-6.59-0.51-1.19-0.52-0.12-0.78-1.12
Shares, diluted (wtd. avg.) 15.1M12.5M11.4M10.7M103.2M96.1M78.3M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $24.9M$39.6M$2.4M$3.2M$49.8M$40.0M$12.1M$31.1M$21.3M$9.9M
Short-term investments —————————$0
Receivables $25.1M$13.8M$18.2M$25.3M$26.8M$29.9M$19.7M$20.6M$15.7M$22.2M
Inventory $7.7M$13.6M$20.6M$38.0M$37.4M$34.0M$25.3M$26.4M$20.4M$31.1M
Total current assets $64.1M$72.9M$58.2M$78.4M$127.6M$114.1M$64.1M$84.4M$66.4M$68.4M
Property, plant and equipment $1.1M$1.1M$2.4M$5.4M$8.1M$13.7M$10.8M$6.7M$7.0M$8.4M
Goodwill $3.9M$3.9M$3.9M$21.9M$20.3M$32.5M$33.7M$32.9M$37.7M$34.4M
Other intangibles $20.7M$18.7M$25.7M$41.4M$47.0M$51.5M$44.4M$32.0M$38.7M$40.3M
Total assets $93.8M$100.0M$121.8M$159.9M$215.8M$227.4M$161.4M$162.3M$158.2M$158.7M
Accounts payable $23.6M$18.4M$23.4M$29.0M$48.6M$52.3M$26.5M$39.2M$29.3M$31.2M
Total current liabilities $48.4M$63.5M$55.9M$57.0M$74.8M$75.7M$44.5M$53.7M$60.0M$62.4M
Long-term debt ——————$152.6M$152.6M$153.5M$120.6M
Total liabilities $97.9M$112.9M$223.9M$230.1M$240.7M$255.3M$198.7M$198.8M$203.8M$176.4M
Retained earnings -$908.4M-$905.6M-$906.9M-$857.8M-$787.0M-$732.4M-$618.3M-$577.8M-$569.8M-$524.0M
Total equity -$4.0M-$12.9M-$102.1M-$70.1M-$24.9M-$27.9M-$37.4M-$36.5M-$45.6M-$17.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $7.2M$33.5M$6.0M-$33.3M-$25.2M$20.1M-$18.0M-$1.8M-$14.6M-$6.6M
Depreciation and amortisation $8.4M$12.5M$18.7M$27.2M$25.3M$27.9M$18.4M$13.7M$14.3M$14.1M
Stock-based compensation $7.4M$3.8M$7.0M$17.9M$16.6M$10.4M$7.3M$4.9M$3.7M$4.6M
Capital expenditure $661.0K$100.0K$224.0K$1.5M$4.9M$5.7M$6.6M$1.3M$1.8M$1.4M
Investing cash flow -$8.6M$43.0M-$10.2M-$13.3M$6.1M-$34.7M-$28.2M-$4.2M-$4.4M$5.0M
Financing cash flow -$13.4M-$38.8M$2.2M$5.4M$29.9M$42.1M$27.5M$17.7M$30.4M-$1.3M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001683168-26-003150.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M 0 200M 400M Revenue, FY2016: 243.6M Gross profit, FY2016: 76.3M Net income, FY2016: -60.6M Revenue, FY2017: 219.3M Gross profit, FY2017: 67.3M Net income, FY2017: -45.7M Revenue, FY2018: 202.5M Gross profit, FY2018: 70.6M Net income, FY2018: -8.1M Revenue, FY2019: 219.5M Gross profit, FY2019: 64M Net income, FY2019: -40.1M Revenue, FY2020: 313.8M Gross profit, FY2020: 90.8M Net income, FY2020: -111.2M Revenue, FY2021: 262.4M Gross profit, FY2021: 75.9M Net income, FY2021: -48.1M Revenue, FY2022: 245.3M Gross profit, FY2022: 66.9M Net income, FY2022: -68M Revenue, FY2023: 167.3M Gross profit, FY2023: 35.8M Net income, FY2023: -46.2M Revenue, FY2024: 191.2M Gross profit, FY2024: 68.8M Net income, FY2024: 4.6M Revenue, FY2025: 166.2M Gross profit, FY2025: 71M Net income, FY2025: 838K FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $243.6M $219.3M $202.5M $219.5M $313.8M $262.4M $245.3M $167.3M $191.2M $166.2M
Gross profit $76.3M $67.3M $70.6M $64.0M $90.8M $75.9M $66.9M $35.8M $68.8M $71.0M
Net income -$60.6M -$45.7M -$8.1M -$40.1M -$111.2M -$48.1M -$68.0M -$46.2M $4.6M $838.0K

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Item 3.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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