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Side-by-side financial comparison of CITIZENS, INC. (CIA) and INSEEGO CORP. (INSG). Click either name above to swap in a different company.

CITIZENS, INC. is the larger business by last-quarter revenue ($72.1M vs $48.4M, roughly 1.5× INSEEGO CORP.). CITIZENS, INC. runs the higher net margin — 10.2% vs 1.0%, a 9.2% gap on every dollar of revenue. On growth, CITIZENS, INC. posted the faster year-over-year revenue change (13.5% vs 0.6%). CITIZENS, INC. produced more free cash flow last quarter ($17.5M vs $11.6M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 11.7%).

Citizen Watch Co., Ltd. , also known as the Citizen Group, is an electronics company primarily known for its watches and is the core company of a Japanese global corporate group based in Nishitokyo, Tokyo, Japan. In addition to Citizen brand watches, it is the parent of American watch company Bulova. Beyond watches, Citizen also manufactures calculators, printers, health care devices, and precision CNC machining equipment.

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.

CIA vs INSG — Head-to-Head

Bigger by revenue
CIA
CIA
1.5× larger
CIA
$72.1M
$48.4M
INSG
Growing faster (revenue YoY)
CIA
CIA
+12.9% gap
CIA
13.5%
0.6%
INSG
Higher net margin
CIA
CIA
9.2% more per $
CIA
10.2%
1.0%
INSG
More free cash flow
CIA
CIA
$5.9M more FCF
CIA
$17.5M
$11.6M
INSG
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
11.7%
CIA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CIA
CIA
INSG
INSG
Revenue
$72.1M
$48.4M
Net Profit
$7.3M
$469.0K
Gross Margin
42.2%
Operating Margin
10.9%
2.7%
Net Margin
10.2%
1.0%
Revenue YoY
13.5%
0.6%
Net Profit YoY
102.7%
182.9%
EPS (diluted)
$-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.

Revenue
CIA
CIA
INSG
INSG
Q4 25
$72.1M
$48.4M
Q3 25
$62.8M
$45.9M
Q2 25
$65.1M
$40.2M
Q1 25
$55.7M
$31.7M
Q4 24
$63.5M
$48.1M
Q3 24
$61.7M
$54.0M
Q2 24
$62.1M
$51.6M
Q1 24
$57.7M
$37.5M
Net Profit
CIA
CIA
INSG
INSG
Q4 25
$7.3M
$469.0K
Q3 25
$2.4M
$1.4M
Q2 25
$6.5M
$507.0K
Q1 25
$-1.6M
$-1.6M
Q4 24
$3.6M
$-566.0K
Q3 24
$2.8M
$9.0M
Q2 24
$4.0M
$624.0K
Q1 24
$4.5M
$-4.5M
Gross Margin
CIA
CIA
INSG
INSG
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%
Operating Margin
CIA
CIA
INSG
INSG
Q4 25
10.9%
2.7%
Q3 25
7.1%
4.7%
Q2 25
10.6%
3.2%
Q1 25
-3.2%
-1.3%
Q4 24
5.9%
3.7%
Q3 24
4.9%
1.9%
Q2 24
5.3%
3.6%
Q1 24
8.5%
-7.9%
Net Margin
CIA
CIA
INSG
INSG
Q4 25
10.2%
1.0%
Q3 25
3.8%
3.1%
Q2 25
9.9%
1.3%
Q1 25
-2.9%
-5.0%
Q4 24
5.7%
-1.2%
Q3 24
4.5%
16.6%
Q2 24
6.4%
1.2%
Q1 24
7.9%
-11.9%
EPS (diluted)
CIA
CIA
INSG
INSG
Q4 25
$-0.02
Q3 25
$0.03
Q2 25
$-0.03
Q1 25
$-0.16
Q4 24
$0.62
Q3 24
$-0.06
Q2 24
$-0.02
Q1 24
$-0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIA
CIA
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$23.0M
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$235.0M
$-4.0M
Total Assets
$1.8B
$93.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIA
CIA
INSG
INSG
Q4 25
$23.0M
$24.9M
Q3 25
$23.1M
$14.6M
Q2 25
$22.7M
$13.2M
Q1 25
$18.4M
$35.1M
Q4 24
$29.3M
$39.6M
Q3 24
$32.4M
$12.0M
Q2 24
$26.3M
$49.0M
Q1 24
$23.2M
$12.3M
Stockholders' Equity
CIA
CIA
INSG
INSG
Q4 25
$235.0M
$-4.0M
Q3 25
$225.6M
$-7.7M
Q2 25
$229.0M
$-10.5M
Q1 25
$218.1M
$-13.0M
Q4 24
$210.4M
$-12.9M
Q3 24
$207.6M
$-85.1M
Q2 24
$191.5M
$-101.8M
Q1 24
$195.2M
$-105.6M
Total Assets
CIA
CIA
INSG
INSG
Q4 25
$1.8B
$93.8M
Q3 25
$1.7B
$85.8M
Q2 25
$1.7B
$83.1M
Q1 25
$1.7B
$93.0M
Q4 24
$1.7B
$100.0M
Q3 24
$1.7B
$113.4M
Q2 24
$1.7B
$149.6M
Q1 24
$1.7B
$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
CIA
CIA
INSG
INSG
Operating Cash FlowLast quarter
$18.0M
$12.0M
Free Cash FlowOCF − Capex
$17.5M
$11.6M
FCF MarginFCF / Revenue
24.3%
24.0%
Capex IntensityCapex / Revenue
0.6%
0.7%
Cash ConversionOCF / Net Profit
2.45×
25.50×
TTM Free Cash FlowTrailing 4 quarters
$26.1M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIA
CIA
INSG
INSG
Q4 25
$18.0M
$12.0M
Q3 25
$4.7M
$3.2M
Q2 25
$3.5M
$-4.5M
Q1 25
$748.0K
$-3.5M
Q4 24
$31.9M
$-14.2M
Q3 24
$9.7M
$14.8M
Q2 24
$4.6M
$27.6M
Q1 24
$6.8M
$5.2M
Free Cash Flow
CIA
CIA
INSG
INSG
Q4 25
$17.5M
$11.6M
Q3 25
$4.6M
$3.1M
Q2 25
$3.3M
$-4.7M
Q1 25
$641.0K
$-3.5M
Q4 24
$31.3M
$-14.3M
Q3 24
$9.3M
$14.8M
Q2 24
$4.5M
$27.6M
Q1 24
$6.7M
FCF Margin
CIA
CIA
INSG
INSG
Q4 25
24.3%
24.0%
Q3 25
7.3%
6.7%
Q2 25
5.1%
-11.6%
Q1 25
1.2%
-11.0%
Q4 24
49.2%
-29.7%
Q3 24
15.1%
27.4%
Q2 24
7.2%
53.5%
Q1 24
11.7%
Capex Intensity
CIA
CIA
INSG
INSG
Q4 25
0.6%
0.7%
Q3 25
0.1%
0.2%
Q2 25
0.3%
0.5%
Q1 25
0.2%
0.1%
Q4 24
1.0%
0.1%
Q3 24
0.6%
0.0%
Q2 24
0.2%
0.0%
Q1 24
0.1%
0.0%
Cash Conversion
CIA
CIA
INSG
INSG
Q4 25
2.45×
25.50×
Q3 25
1.93×
2.22×
Q2 25
0.54×
-8.81×
Q1 25
Q4 24
8.81×
Q3 24
3.48×
1.65×
Q2 24
1.16×
44.31×
Q1 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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