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Inseego Corp.. (INSG) Stock Fundamental Analysis & AI Rating 2026

INSG Nasdaq Communications Equipment, NEC CIK: 0001022652
Recently Updated • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
88% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
84% Conf

📊 INSG Key Takeaways

Revenue: $34.3M
Net Margin: -13.2%
Free Cash Flow: $1.6M
Current Ratio: 1.02x
Debt/Equity: N/A
EPS: $0.65
AI Rating: STRONG SELL with 92% confidence
Inseego Corp.. (INSG) receives a SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $34.3M, net profit margin of -13.2%, Inseego Corp.. demonstrates mixed fundamentals in the Telecom sector. Below is our complete INSG stock analysis for 2026.

Is Inseego Corp.. (INSG) a Good Investment?

Claude

Inseego is technically insolvent with negative stockholders' equity of -$25.4M, carrying an unsustainable debt burden of $152.6M (4.4x annual revenue) against minimal operating cash flow of $1.7M. The company faces accelerating revenue declines (-13.1% YoY), operating losses, and critically weak liquidity metrics that leave no margin for error.

ChatGPT

Inseego shows some operational improvement with positive operating income, positive net income, and positive free cash flow, supported by a solid 42.7% gross margin. However, the fundamental picture remains weak because revenue is shrinking, net profitability is extremely thin, and the balance sheet is highly stressed with negative equity and long-term debt that exceeds total assets. The company appears to be stabilizing operationally, but the quality and durability of that recovery are not yet strong enough to offset the financial risk.

Why Buy Inseego Corp.. Stock? INSG Key Strengths

Claude
  • + Gross margin of 48.3% demonstrates underlying product viability
  • + Positive operating and free cash flow despite losses shows some cash generation ability
  • + Maintains $19.3M in cash reserves providing short-term runway
ChatGPT
  • + Positive operating income and free cash flow indicate improved near-term execution
  • + Healthy gross margin suggests the core product mix still carries reasonable economics
  • + Liquidity is currently adequate with a 1.32x current ratio and nearly $24.9M in cash

INSG Stock Risks: Inseego Corp.. Investment Risks

Claude
  • ! Negative stockholders' equity of -$25.4M indicates technical insolvency with liabilities exceeding assets
  • ! Debt burden of $152.6M is structurally unsustainable relative to $34.3M revenue and $1.7M operating cash flow
  • ! Revenue declining 13.1% YoY with operating losses (-10.4% margin) indicating deteriorating fundamentals
  • ! Weak liquidity (current ratio 1.02x, quick ratio 0.78x) with minimal financial flexibility for operational stress
  • ! High refinancing risk given debt maturity schedules and inability to service obligations from operations
ChatGPT
  • ! Revenue declined 13.1% year over year, raising concern about demand durability and scale loss
  • ! Negative stockholders equity and liabilities above assets signal a fragile capital structure
  • ! Net margin of just 0.5% leaves little room for operational setbacks or higher financing costs

Key Metrics to Watch

Claude
  • * Quarterly revenue stabilization and return to growth
  • * Operating margin improvement path to profitability
  • * Operating cash flow sustainability and debt covenant compliance
  • * Debt restructuring negotiations or refinancing announcements
ChatGPT
  • * Revenue growth stabilization or return to year-over-year growth
  • * Free cash flow consistency alongside reduction in leverage and improvement in equity position

Inseego Corp.. (INSG) Financial Metrics & Key Ratios

Revenue
$34.3M
Net Income
$-4.5M
EPS (Diluted)
$0.65
Free Cash Flow
$1.6M
Total Assets
$84.2M
Cash Position
$19.3M

💡 AI Analyst Insight

The relatively thin 4.6% FCF margin may limit capital allocation flexibility.

INSG Profit Margin, ROE & Profitability Analysis

Gross Margin 48.3%
Operating Margin -10.4%
Net Margin -13.2%
ROE N/A
ROA -5.4%
FCF Margin 4.6%

INSG vs Telecom Sector: How Inseego Corp.. Compares

How Inseego Corp.. compares to Telecom sector averages

Net Margin
INSG -13.2%
vs
Sector Avg 14.0%
INSG Sector
ROE
INSG 0.0%
vs
Sector Avg 15.0%
INSG Sector
Current Ratio
INSG 1.0x
vs
Sector Avg 1.0x
INSG Sector
Debt/Equity
INSG 0.0x
vs
Sector Avg 1.2x
INSG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Inseego Corp.. Stock Overvalued? INSG Valuation Analysis 2026

Based on fundamental analysis, Inseego Corp.. has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-13.2%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Inseego Corp.. Balance Sheet: INSG Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
0.78x
Debt/Equity
N/A
Debt/Assets
130.2%
Interest Coverage
N/A
Long-term Debt
$152.6M

INSG Revenue & Earnings Growth: 5-Year Financial Trend

INSG 5-year financial data: Year 2021: Revenue $313.8M, Net Income -$40.1M, EPS $-0.52. Year 2022: Revenue $313.8M, Net Income -$111.2M, EPS $-1.19. Year 2023: Revenue $245.3M, Net Income N/A, EPS $-6.59. Year 2024: Revenue $191.2M, Net Income -$46.2M, EPS $-4.32. Year 2025: Revenue $191.2M, Net Income $4.6M, EPS $0.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Inseego Corp..'s revenue has declined by 39% over the 5-year period, indicating business contraction. The most recent EPS of $0.10 reflects profitable operations.

INSG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.6%
Free cash flow / Revenue

INSG Quarterly Earnings & Performance

Quarterly financial performance data for Inseego Corp.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $31.7M -$1.6M $-0.16
Q3 2025 $45.9M $369.0K $0.03
Q2 2025 $40.2M $507.0K $-0.02
Q1 2025 $31.7M -$1.6M $-0.16
Q3 2024 $41.4M $5.1M $-0.06
Q2 2024 $53.6M $624.0K $-0.02
Q1 2024 $45.0M -$4.5M $-0.44
Q3 2023 $48.6M -$15.7M $-0.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Inseego Corp.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.7M
Cash generated from operations
Capital Expenditures
$131.0K
Investment in assets
Dividends
None
No dividend program

INSG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Inseego Corp.. (CIK: 0001022652)

📋 Recent SEC Filings

Date Form Document Action
May 8, 2026 10-Q insg-20260331.htm View →
May 7, 2026 8-K inseego_8k.htm View →
Apr 30, 2026 8-K inseego_8k.htm View →
Apr 23, 2026 DEF 14A inseego_idef14a.htm View →
Apr 17, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about INSG

What is the AI rating for INSG?

Inseego Corp.. (INSG) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are INSG's key strengths?

Claude: Gross margin of 48.3% demonstrates underlying product viability. Positive operating and free cash flow despite losses shows some cash generation ability. ChatGPT: Positive operating income and free cash flow indicate improved near-term execution. Healthy gross margin suggests the core product mix still carries reasonable economics.

What are the risks of investing in INSG?

Claude: Negative stockholders' equity of -$25.4M indicates technical insolvency with liabilities exceeding assets. Debt burden of $152.6M is structurally unsustainable relative to $34.3M revenue and $1.7M operating cash flow. ChatGPT: Revenue declined 13.1% year over year, raising concern about demand durability and scale loss. Negative stockholders equity and liabilities above assets signal a fragile capital structure.

What is INSG's revenue and growth?

Inseego Corp.. reported revenue of $34.3M.

Does INSG pay dividends?

Inseego Corp.. does not currently pay dividends.

Where can I find INSG SEC filings?

Official SEC filings for Inseego Corp.. (CIK: 0001022652) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is INSG's EPS?

Inseego Corp.. has a diluted EPS of $0.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is INSG a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Inseego Corp.. has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is INSG stock overvalued or undervalued?

Valuation metrics for INSG: ROE of N/A (sector avg: 15%), net margin of -13.2% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy INSG stock in 2026?

Our dual AI analysis gives Inseego Corp.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is INSG's free cash flow?

Inseego Corp..'s operating cash flow is $1.7M, with capital expenditures of $131.0K. FCF margin is 4.6%.

How does INSG compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -13.2% (avg: 14%), ROE N/A (avg: 15%), current ratio 1.02 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI