Technology · Communication Equipment
Price
$9.79
Market Cap
$159.3M
Employees
218
Beta
1.63
Avg Volume
296,900
CEO
Juho Sarvikas
Business Description
Inseego Corp., a global technology firm, specializes in creating and advancing a range of wireless, Industrial IoT (IIoT), and cloud-based communication systems. These offerings cater to a diverse client base, including major corporations, service providers, small and mid-sized enterprises, public sector entities, and individual consumers across the globe. Their product portfolio encompasses advanced 4G and 5G wireless hardware, including components for private LTE/5G networks, solutions for FirstNet (the First Responders Network Authority), SD-WAN, telematics, remote surveillance, fixed wireless internet access, and mobile broadband devices. Specifically, they offer fixed wireless routers and gateways for both 4G and 5G, portable mobile hotspots, and IIoT-focused wireless gateways and routers. Additionally, Inseego provides high-speed (gigabit) 4G LTE hotspots, USB modems, integrated telematics units, and mobile asset tracking devices. These hardware solutions are complemented by proprietary application software and cloud services, empowering clients to gain valuable data insights and manage their devices remotely. Beyond hardware, Inseego also delivers an array of software, Software-as-a-Service (SaaS), and related service solutions. These target various mobile and IIoT sectors, addressing needs such as fleet and vehicle telematics, recovery of stolen vehicles, general asset tracking, remote monitoring, business internet connectivity, and subscription oversight. Key SaaS offerings include sophisticated platforms for telematics, asset tracking, and comprehensive management across diverse applications like fleet, vehicle, aviation, and other asset types. A notable platform is Inseego Subscribe, a hosted SaaS solution designed to streamline the selection, deployment, and cost management of customers' wireless assets, thereby reducing expenditures on staffing and telecommunications. Established in 1996, Inseego Corp. maintains its headquarters in San Diego, California.
Business History
Price Overview
Last updated: Jun 27, 2026 10:51am (just now)$9.79
-0.16 (-1.61%)
Day Range
$9.55 – $10.01
52-Week Range
$6.27 – $21.90
50-Day MA
$13.62
200-Day MA
$12.66
Volume
440,340.00
Analyst Price Targets
Low
$22.00
Consensus
$22.00
High
$22.00
(6 analysts)
Share Structure
Outstanding
16,276,700.00
Float
13,939,697.00
Free Float
85.6%
High free float
— 85.6% of shares trade freely, ~14.4% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-54.39
Stock Price: $9.79
EPS (Diluted): -0.18
EPS (Diluted): -0.18
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
-38.42
Stock Price: $9.79
Total Equity: -$4.04M
Shares: 15,129,030
Total Equity: -$4.04M
Shares: 15,129,030
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
24.97
Market Cap: $159.35M
Total Debt: $45.49M
Cash: $24.89M
EBITDA: $13.50M
Total Debt: $45.49M
Cash: $24.89M
EBITDA: $13.50M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$178.9M
Market Cap: $159.35M
Total Debt: $45.49M
Cash: $24.89M
Total Debt: $45.49M
Cash: $24.89M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
37.7%
Gross Profit: $62.66M
Revenue: $166.19M
Revenue: $166.19M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
2.8%
Operating Income: $4.70M
Revenue: $166.19M
Revenue: $166.19M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.5%
Net Income: $838,000
Revenue: $166.19M
Revenue: $166.19M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
17.9%
Net Income: $838,000
Total Equity: -$4.04M
Total Equity: -$4.04M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
4.7%
Operating Income: $4.70M
Tax Rate: 3.4%
Equity: -$4.04M
Total Debt: $45.49M
Cash: $24.89M
Tax Rate: 3.4%
Equity: -$4.04M
Total Debt: $45.49M
Cash: $24.89M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.32
Current Assets: $64.09M
Current Liabilities: $48.44M
Current Liabilities: $48.44M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
-11.25
Short-Term Debt: $968,000
Long-Term Debt: $44.52M
Total Debt: $45.49M
Total Equity: -$4.04M
Long-Term Debt: $44.52M
Total Debt: $45.49M
Total Equity: -$4.04M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$10.98
Revenue: $166.19M
Shares: 15,129,030
Shares: 15,129,030
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$-0.27
Total Equity: -$4.04M
Shares: 15,129,030
Shares: 15,129,030
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.43
Operating CF: $7.20M
CapEx: -$661,000
Shares: 15,129,030
CapEx: -$661,000
Shares: 15,129,030
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $9.79
Stock Price: $9.79
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $838,000
Net Income: $838,000
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares INSG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 6:13am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $262.4M | $245.3M | $167.3M | $191.2M | $166.2M |
| Cost of Revenue | $186.5M | $178.4M | $131.5M | $122.4M | $103.5M |
| Gross Profit | $75.9M | $66.9M | $35.8M | $68.8M | $62.7M |
| Operating Expenses | $122.4M | $124.8M | $71.7M | $67.1M | $58.0M |
| Operating Income | -$46.5M | -$57.9M | -$36.0M | $1.7M | $4.7M |
| Net Income | -$48.1M | -$68.0M | -$46.2M | $4.6M | $838,000 |
| EBITDA | -$15.5M | -$32.6M | -$17.2M | $9.8M | $13.5M |
| EPS | $-5.07 | $-6.59 | $-4.32 | $0.10 | $-0.18 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 25, 2026 6:13am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $49.8M | $7.1M | $7.5M | $39.6M | $24.9M |
| Total Current Assets | $127.6M | $78.4M | $58.2M | $72.9M | $64.1M |
| Total Assets | $354.6M | $159.9M | $121.8M | $100.0M | $93.8M |
| Current Liabilities | $74.8M | $57.0M | $55.9M | $63.5M | $48.4M |
| Long-Term Debt | $157.9M | $166.3M | $159.9M | $41.8M | $44.5M |
| Total Liabilities | $379.5M | $230.1M | $223.9M | $112.9M | $97.9M |
| Total Equity | -$24.9M | -$70.1M | -$102.1M | -$12.9M | -$4.0M |
| Retained Earnings | -$787.0M | -$857.8M | -$906.9M | -$905.6M | -$908.4M |
Cash Flow (Annual)
Last updated: Jun 25, 2026 6:13am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$25.2M | -$33.3M | $6.0M | $33.5M | $7.2M |
| Capital Expenditure | -$28.8M | -$13.3M | -$8.3M | $-100,000 | $-661,000 |
| Free Cash Flow | -$54.0M | -$46.6M | -$2.4M | $33.4M | $6.5M |
| Acquisitions (net) | $33.6M | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $9.8M | -$42.7M | $-832,000 | $37.2M | -$14.7M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:08am (42m ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$198.8M $188.2M – $204.3M
|
$164.7M $164.2M – $165.1M
|
$188.6M $187.1M – $190.1M
|
$215.8M $209.1M – $222.4M
|
| EBITDA |
-$6.5M -$6.6M – -$6.1M
|
-$5.4M -$5.4M – -$5.3M
|
-$6.1M -$6.2M – -$6.1M
|
-$7.0M -$7.2M – -$6.8M
|
| Net Income |
$2.2M $2.1M – $2.2M
|
$5.8M $5.6M – $5.9M
|
$2.2M $2.2M – $2.3M
|
$9.7M $9.4M – $9.9M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 25, 2026 6:13am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -6.5% | -31.8% | +14.3% | -13.1% |
| Gross Profit Growth | -11.9% | -46.5% | +92.3% | -8.9% |
| Operating Income Growth | -24.5% | +37.9% | +104.8% | +174.1% |
| Net Income Growth | -41.2% | +32.0% | +109.9% | -81.7% |
| EBITDA Growth | -110.2% | +47.3% | +156.8% | +38.4% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 10:08am (42m ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-15 | Sarvikas Juho | F-InKind | 3,686.00 | $14.14 | $52,120 |
| 2026-04-15 | Sarvikas Juho | F-InKind | 4,159.00 | $14.14 | $58,808 |
| 2026-04-15 | McClaskey James Paul | F-InKind | 1,061.00 | $14.14 | $15,003 |
| 2026-04-15 | McClaskey James Paul | F-InKind | 401.00 | $14.14 | $5,670 |
| 2026-04-15 | Gatoff Steven | F-InKind | 8,506.00 | $14.14 | $120,275 |
| 2026-04-15 | Gatoff Steven | F-InKind | 1,980.00 | $14.14 | $27,997 |
| 2026-02-28 | Gatoff Steven | F-InKind | 1,570.00 | $12.35 | $19,390 |
| 2026-02-28 | McClaskey James Paul | F-InKind | 215.00 | $12.35 | $2,655 |
| 2026-02-06 | Sarvikas Juho | F-InKind | 929.00 | $10.48 | $9,736 |
| 2026-01-30 | Gatoff Steven | F-InKind | 1,715.00 | $10.89 | $18,676 |
| 2026-01-30 | McClaskey James Paul | F-InKind | 215.00 | $10.89 | $2,341 |
| 2026-01-22 | Sarvikas Juho | F-InKind | 11,868.00 | $10.70 | $126,988 |
| 2026-01-21 | Gatoff Steven | F-InKind | 1,715.00 | $10.42 | $17,870 |
| 2026-01-16 | McClaskey James Paul | F-InKind | 215.00 | $10.42 | $2,240 |
| 2025-12-22 | McClaskey James Paul | A-Award | 15,500.00 | $0.00 | $0 |
| 2025-12-22 | Sarvikas Juho | A-Award | 137,000.00 | $0.00 | $0 |
| 2025-12-22 | Gatoff Steven | A-Award | 73,600.00 | $0.00 | $0 |
| 2025-12-03 | McClaskey James Paul | F-InKind | 179.00 | $10.33 | $1,849 |
| 2025-12-03 | Gatoff Steven | F-InKind | 1,490.00 | $10.33 | $15,392 |
| 2025-10-30 | Bukhari Syed Nabeel Anwar | A-Award | 8,879.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for INSG — it's generated by the pipeline (
market-narrative step).
No community reviews yet for INSG.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30