vs
Side-by-side financial comparison of Apollo Commercial Real Estate Finance, Inc. (ARI) and INSEEGO CORP. (INSG). Click either name above to swap in a different company.
Apollo Commercial Real Estate Finance, Inc. is the larger business by last-quarter revenue ($73.3M vs $48.4M, roughly 1.5× INSEEGO CORP.). Apollo Commercial Real Estate Finance, Inc. runs the higher net margin — 39.9% vs 1.0%, a 38.9% gap on every dollar of revenue. On growth, Apollo Commercial Real Estate Finance, Inc. posted the faster year-over-year revenue change (4.0% vs 0.6%). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs -4.6%).
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires and manages commercial real estate debt assets including mortgages, mezzanine loans and mortgage-backed securities, primarily operating in the U.S. market to deliver consistent risk-adjusted returns.
Inseego Corp designs, manufactures and delivers advanced 5G and IoT solutions including mobile hotspots, edge computing devices, and cloud-based device management platforms. It primarily serves telecom operators, enterprise clients, and public sector customers across global markets.
ARI vs INSG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $73.3M | $48.4M |
| Net Profit | $29.2M | $469.0K |
| Gross Margin | — | 42.2% |
| Operating Margin | 39.7% | 2.7% |
| Net Margin | 39.9% | 1.0% |
| Revenue YoY | 4.0% | 0.6% |
| Net Profit YoY | -28.2% | 182.9% |
| EPS (diluted) | $0.19 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $73.3M | $48.4M | ||
| Q3 25 | $61.6M | $45.9M | ||
| Q2 25 | $70.9M | $40.2M | ||
| Q1 25 | $65.8M | $31.7M | ||
| Q4 24 | $70.5M | $48.1M | ||
| Q3 24 | $71.6M | $54.0M | ||
| Q2 24 | $81.1M | $51.6M | ||
| Q1 24 | $80.5M | $37.5M |
| Q4 25 | $29.2M | $469.0K | ||
| Q3 25 | $50.8M | $1.4M | ||
| Q2 25 | $20.7M | $507.0K | ||
| Q1 25 | $26.0M | $-1.6M | ||
| Q4 24 | $40.7M | $-566.0K | ||
| Q3 24 | $-91.5M | $9.0M | ||
| Q2 24 | $35.8M | $624.0K | ||
| Q1 24 | $-104.5M | $-4.5M |
| Q4 25 | — | 42.2% | ||
| Q3 25 | — | 41.6% | ||
| Q2 25 | — | 41.1% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | — | 37.3% | ||
| Q3 24 | — | 34.8% | ||
| Q2 24 | — | 36.4% | ||
| Q1 24 | — | 35.3% |
| Q4 25 | 39.7% | 2.7% | ||
| Q3 25 | 82.8% | 4.7% | ||
| Q2 25 | 29.4% | 3.2% | ||
| Q1 25 | 39.7% | -1.3% | ||
| Q4 24 | 57.9% | 3.7% | ||
| Q3 24 | -127.8% | 1.9% | ||
| Q2 24 | 44.2% | 3.6% | ||
| Q1 24 | -129.6% | -7.9% |
| Q4 25 | 39.9% | 1.0% | ||
| Q3 25 | 82.4% | 3.1% | ||
| Q2 25 | 29.3% | 1.3% | ||
| Q1 25 | 39.5% | -5.0% | ||
| Q4 24 | 57.7% | -1.2% | ||
| Q3 24 | -127.9% | 16.6% | ||
| Q2 24 | 44.1% | 1.2% | ||
| Q1 24 | -129.8% | -11.9% |
| Q4 25 | $0.19 | $-0.02 | ||
| Q3 25 | $0.34 | $0.03 | ||
| Q2 25 | $0.12 | $-0.03 | ||
| Q1 25 | $0.16 | $-0.16 | ||
| Q4 24 | $0.25 | $0.62 | ||
| Q3 24 | $-0.69 | $-0.06 | ||
| Q2 24 | $0.23 | $-0.02 | ||
| Q1 24 | $-0.76 | $-0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $139.8M | $24.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $-4.0M |
| Total Assets | $9.9B | $93.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $139.8M | $24.9M | ||
| Q3 25 | $245.9M | $14.6M | ||
| Q2 25 | $177.6M | $13.2M | ||
| Q1 25 | $166.4M | $35.1M | ||
| Q4 24 | $317.4M | $39.6M | ||
| Q3 24 | $194.3M | $12.0M | ||
| Q2 24 | $174.7M | $49.0M | ||
| Q1 24 | $161.2M | $12.3M |
| Q4 25 | $1.9B | $-4.0M | ||
| Q3 25 | $1.9B | $-7.7M | ||
| Q2 25 | $1.8B | $-10.5M | ||
| Q1 25 | $1.9B | $-13.0M | ||
| Q4 24 | $1.9B | $-12.9M | ||
| Q3 24 | $1.9B | $-85.1M | ||
| Q2 24 | $2.0B | $-101.8M | ||
| Q1 24 | $2.0B | $-105.6M |
| Q4 25 | $9.9B | $93.8M | ||
| Q3 25 | $9.5B | $85.8M | ||
| Q2 25 | $9.8B | $83.1M | ||
| Q1 25 | $8.8B | $93.0M | ||
| Q4 24 | $8.4B | $100.0M | ||
| Q3 24 | $9.1B | $113.4M | ||
| Q2 24 | $9.3B | $149.6M | ||
| Q1 24 | $9.2B | $122.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $142.5M | $12.0M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 24.0% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 4.88× | 25.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $6.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $142.5M | $12.0M | ||
| Q3 25 | $31.7M | $3.2M | ||
| Q2 25 | $63.2M | $-4.5M | ||
| Q1 25 | $39.3M | $-3.5M | ||
| Q4 24 | $200.3M | $-14.2M | ||
| Q3 24 | $47.2M | $14.8M | ||
| Q2 24 | $50.2M | $27.6M | ||
| Q1 24 | $52.8M | $5.2M |
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $3.1M | ||
| Q2 25 | — | $-4.7M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $-14.3M | ||
| Q3 24 | — | $14.8M | ||
| Q2 24 | — | $27.6M | ||
| Q1 24 | — | — |
| Q4 25 | — | 24.0% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | -11.6% | ||
| Q1 25 | — | -11.0% | ||
| Q4 24 | — | -29.7% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 53.5% | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 4.88× | 25.50× | ||
| Q3 25 | 0.62× | 2.22× | ||
| Q2 25 | 3.05× | -8.81× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 4.93× | — | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | 1.40× | 44.31× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
