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Inseego Corp.

Rank #18ValueWatchlistCompare with other stocks

INSG · Nasdaq · Technology

Inseego Corp. (INSG) — Rank #18 by gross profitability (GP/assets 0.79) · ROE -2.7% · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001022652 · all metrics point-in-time as of the filing date.

About

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 in the United Stated, Europe, and internationally.

Show more

The company offers 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand. It also provides fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides cloud management solutions, as well as wireless subscriber lifecycle management solutions. Further, the company offers Inseego Subscribe, a wireless subscriber management solution for carrier's servicing of their government and complex enterprise customer. It serves transportation companies, industrial companies, governmental agencies, manufacturers, mobile operators, system integrators, distributors, and enterprises. Inseego Corp.

was founded in 1996 and is based in San Diego, California.

Industry
Communication Equipment
Sector
Technology
Filer Category
Accelerated filerSmaller reporting company
Fiscal Year End
December 31

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

266

Industry

Communication Equipment

Exchange

Nasdaq

8/11

Flags passed

INSG fails 2 critical flags

Passes 8 of 11 quality flags, 1 caution

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • FAIL
    Valuation convergence

    EPS declining, shares diluting, and revenue growth decelerating simultaneously

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin

Strengths Operating leverage expanding

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.79
Return on equity
-2.7%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
1.07×
Net cash
—

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
4.5%

Growth

0/2 pass
Revenue growth
-13.1%
Piotroski F-Score
N/A
Share dilution
20.7%

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

Warning: Revenue declining YoY · GP/assets 0.79

Gross profitability (GP / assets)

0.79

Primary signal (Novy-Marx).

1st of 5 SIC 3669 peers

Return on equity

-2.7%

Gross margin

42.7%

3rd of 5 SIC 3669 peers

Revenue growth (YoY)

-13.1%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-12.2%

Revenue CAGR (5Y)

-11.9%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 680% above net income

Free cash flow

$6.53M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

679.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

4.5%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2%

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

1.07×

5th of 5 SIC 3669 peers

Quick ratio

0.77×

Net cash

—

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

Warning: Valuation convergence

Capital allocation quality

Composite score

1.0 / 5

Weak
Share count trend
20.7%0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-15.7%0/5 Weak

Lifecycle Phase History

20202025
Hypergrowth
Decline
Op. Leverage
Value

Price History

INSG-95.0% · -44.9% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports