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

ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $48.4M, roughly 6.0× INSEEGO CORP.). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs 1.0%, a 8.9% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs 0.6%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $11.6M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 7.8%).

Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.

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.

ESE vs INSG — Head-to-Head

Bigger by revenue
ESE
ESE
6.0× larger
ESE
$289.7M
$48.4M
INSG
Growing faster (revenue YoY)
ESE
ESE
+16.6% gap
ESE
17.3%
0.6%
INSG
Higher net margin
ESE
ESE
8.9% more per $
ESE
9.9%
1.0%
INSG
More free cash flow
ESE
ESE
$51.3M more FCF
ESE
$63.0M
$11.6M
INSG
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
7.8%
ESE

Income Statement — Q1 2026 vs Q4 2025

Metric
ESE
ESE
INSG
INSG
Revenue
$289.7M
$48.4M
Net Profit
$28.7M
$469.0K
Gross Margin
41.4%
42.2%
Operating Margin
13.2%
2.7%
Net Margin
9.9%
1.0%
Revenue YoY
17.3%
0.6%
Net Profit YoY
22.2%
182.9%
EPS (diluted)
$1.11
$-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
ESE
ESE
INSG
INSG
Q4 25
$289.7M
$48.4M
Q3 25
$286.5M
$45.9M
Q2 25
$296.3M
$40.2M
Q1 25
$265.5M
$31.7M
Q4 24
$247.0M
$48.1M
Q3 24
$298.5M
$54.0M
Q2 24
$260.8M
$51.6M
Q1 24
$249.1M
$37.5M
Net Profit
ESE
ESE
INSG
INSG
Q4 25
$28.7M
$469.0K
Q3 25
$218.7M
$1.4M
Q2 25
$26.1M
$507.0K
Q1 25
$31.0M
$-1.6M
Q4 24
$23.5M
$-566.0K
Q3 24
$34.3M
$9.0M
Q2 24
$29.2M
$624.0K
Q1 24
$23.2M
$-4.5M
Gross Margin
ESE
ESE
INSG
INSG
Q4 25
41.4%
42.2%
Q3 25
45.9%
41.6%
Q2 25
41.2%
41.1%
Q1 25
41.1%
47.3%
Q4 24
39.8%
37.3%
Q3 24
40.1%
34.8%
Q2 24
39.6%
36.4%
Q1 24
38.8%
35.3%
Operating Margin
ESE
ESE
INSG
INSG
Q4 25
13.2%
2.7%
Q3 25
17.2%
4.7%
Q2 25
11.2%
3.2%
Q1 25
15.3%
-1.3%
Q4 24
11.4%
3.7%
Q3 24
14.8%
1.9%
Q2 24
14.3%
3.6%
Q1 24
11.7%
-7.9%
Net Margin
ESE
ESE
INSG
INSG
Q4 25
9.9%
1.0%
Q3 25
76.3%
3.1%
Q2 25
8.8%
1.3%
Q1 25
11.7%
-5.0%
Q4 24
9.5%
-1.2%
Q3 24
11.5%
16.6%
Q2 24
11.2%
1.2%
Q1 24
9.3%
-11.9%
EPS (diluted)
ESE
ESE
INSG
INSG
Q4 25
$1.11
$-0.02
Q3 25
$8.43
$0.03
Q2 25
$1.01
$-0.03
Q1 25
$1.20
$-0.16
Q4 24
$0.91
$0.62
Q3 24
$1.32
$-0.06
Q2 24
$1.13
$-0.02
Q1 24
$0.90
$-0.44

Balance Sheet & Financial Strength

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

Metric
ESE
ESE
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$103.8M
$24.9M
Total DebtLower is stronger
$145.5M
Stockholders' EquityBook value
$1.6B
$-4.0M
Total Assets
$2.4B
$93.8M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESE
ESE
INSG
INSG
Q4 25
$103.8M
$24.9M
Q3 25
$101.3M
$14.6M
Q2 25
$78.7M
$13.2M
Q1 25
$57.4M
$35.1M
Q4 24
$71.3M
$39.6M
Q3 24
$66.0M
$12.0M
Q2 24
$63.0M
$49.0M
Q1 24
$59.4M
$12.3M
Total Debt
ESE
ESE
INSG
INSG
Q4 25
$145.5M
Q3 25
$186.0M
Q2 25
$525.0M
Q1 25
$88.0M
Q4 24
$112.0M
Q3 24
$122.0M
Q2 24
$173.0M
Q1 24
$191.0M
Stockholders' Equity
ESE
ESE
INSG
INSG
Q4 25
$1.6B
$-4.0M
Q3 25
$1.5B
$-7.7M
Q2 25
$1.3B
$-10.5M
Q1 25
$1.3B
$-13.0M
Q4 24
$1.2B
$-12.9M
Q3 24
$1.2B
$-85.1M
Q2 24
$1.2B
$-101.8M
Q1 24
$1.2B
$-105.6M
Total Assets
ESE
ESE
INSG
INSG
Q4 25
$2.4B
$93.8M
Q3 25
$2.4B
$85.8M
Q2 25
$2.5B
$83.1M
Q1 25
$1.8B
$93.0M
Q4 24
$1.8B
$100.0M
Q3 24
$1.8B
$113.4M
Q2 24
$1.8B
$149.6M
Q1 24
$1.8B
$122.1M
Debt / Equity
ESE
ESE
INSG
INSG
Q4 25
0.09×
Q3 25
0.12×
Q2 25
0.40×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.10×
Q2 24
0.14×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESE
ESE
INSG
INSG
Operating Cash FlowLast quarter
$68.9M
$12.0M
Free Cash FlowOCF − Capex
$63.0M
$11.6M
FCF MarginFCF / Revenue
21.7%
24.0%
Capex IntensityCapex / Revenue
2.0%
0.7%
Cash ConversionOCF / Net Profit
2.40×
25.50×
TTM Free Cash FlowTrailing 4 quarters
$239.6M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESE
ESE
INSG
INSG
Q4 25
$68.9M
$12.0M
Q3 25
$109.9M
$3.2M
Q2 25
$73.7M
$-4.5M
Q1 25
$24.1M
$-3.5M
Q4 24
$34.2M
$-14.2M
Q3 24
$72.1M
$14.8M
Q2 24
$36.2M
$27.6M
Q1 24
$10.5M
$5.2M
Free Cash Flow
ESE
ESE
INSG
INSG
Q4 25
$63.0M
$11.6M
Q3 25
$97.8M
$3.1M
Q2 25
$64.9M
$-4.7M
Q1 25
$14.0M
$-3.5M
Q4 24
$29.0M
$-14.3M
Q3 24
$60.9M
$14.8M
Q2 24
$27.6M
$27.6M
Q1 24
$2.0M
FCF Margin
ESE
ESE
INSG
INSG
Q4 25
21.7%
24.0%
Q3 25
34.1%
6.7%
Q2 25
21.9%
-11.6%
Q1 25
5.3%
-11.0%
Q4 24
11.7%
-29.7%
Q3 24
20.4%
27.4%
Q2 24
10.6%
53.5%
Q1 24
0.8%
Capex Intensity
ESE
ESE
INSG
INSG
Q4 25
2.0%
0.7%
Q3 25
4.2%
0.2%
Q2 25
3.0%
0.5%
Q1 25
3.8%
0.1%
Q4 24
2.1%
0.1%
Q3 24
3.8%
0.0%
Q2 24
3.3%
0.0%
Q1 24
3.4%
0.0%
Cash Conversion
ESE
ESE
INSG
INSG
Q4 25
2.40×
25.50×
Q3 25
0.50×
2.22×
Q2 25
2.83×
-8.81×
Q1 25
0.78×
Q4 24
1.46×
Q3 24
2.10×
1.65×
Q2 24
1.24×
44.31×
Q1 24
0.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESE
ESE

US Government$98.0M34%
Utility Solutions Group$87.5M30%
RF Shielding And Test$58.3M20%
Commercial$45.8M16%
Related Party$1.3M0%

INSG
INSG

Segment breakdown not available.

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