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Side-by-side financial comparison of Finwise Bancorp (FINW) and INSEEGO CORP. (INSG). Click either name above to swap in a different company.
INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $42.7M, roughly 1.1× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs 1.0%, a 5.4% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs 13.6%).
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
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.
FINW vs INSG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $42.7M | $48.4M |
| Net Profit | $2.7M | $469.0K |
| Gross Margin | — | 42.2% |
| Operating Margin | — | 2.7% |
| Net Margin | 6.4% | 1.0% |
| Revenue YoY | — | 0.6% |
| Net Profit YoY | — | 182.9% |
| EPS (diluted) | $0.20 | $-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.
| Q1 26 | $42.7M | — | ||
| Q4 25 | $46.9M | $48.4M | ||
| Q3 25 | $36.7M | $45.9M | ||
| Q2 25 | $25.1M | $40.2M | ||
| Q1 25 | $22.1M | $31.7M | ||
| Q4 24 | $21.1M | $48.1M | ||
| Q3 24 | $20.8M | $54.0M | ||
| Q2 24 | $19.8M | $51.6M |
| Q1 26 | $2.7M | — | ||
| Q4 25 | $3.9M | $469.0K | ||
| Q3 25 | $4.9M | $1.4M | ||
| Q2 25 | $4.1M | $507.0K | ||
| Q1 25 | $3.2M | $-1.6M | ||
| Q4 24 | $2.8M | $-566.0K | ||
| Q3 24 | $3.5M | $9.0M | ||
| Q2 24 | $3.2M | $624.0K |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 11.7% | 2.7% | ||
| Q3 25 | 17.5% | 4.7% | ||
| Q2 25 | 21.7% | 3.2% | ||
| Q1 25 | 20.1% | -1.3% | ||
| Q4 24 | 17.5% | 3.7% | ||
| Q3 24 | 22.2% | 1.9% | ||
| Q2 24 | 21.1% | 3.6% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 8.4% | 1.0% | ||
| Q3 25 | 13.3% | 3.1% | ||
| Q2 25 | 16.3% | 1.3% | ||
| Q1 25 | 14.4% | -5.0% | ||
| Q4 24 | 13.2% | -1.2% | ||
| Q3 24 | 16.6% | 16.6% | ||
| Q2 24 | 16.1% | 1.2% |
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.27 | $-0.02 | ||
| Q3 25 | $0.34 | $0.03 | ||
| Q2 25 | $0.29 | $-0.03 | ||
| Q1 25 | $0.23 | $-0.16 | ||
| Q4 24 | $0.19 | $0.62 | ||
| Q3 24 | $0.25 | $-0.06 | ||
| Q2 24 | $0.24 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $24.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $196.6M | $-4.0M |
| Total Assets | $899.4M | $93.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $163.4M | $24.9M | ||
| Q3 25 | $105.6M | $14.6M | ||
| Q2 25 | $90.1M | $13.2M | ||
| Q1 25 | $120.3M | $35.1M | ||
| Q4 24 | $109.2M | $39.6M | ||
| Q3 24 | $85.8M | $12.0M | ||
| Q2 24 | $89.0M | $49.0M |
| Q1 26 | $196.6M | — | ||
| Q4 25 | $193.2M | $-4.0M | ||
| Q3 25 | $187.8M | $-7.7M | ||
| Q2 25 | $182.0M | $-10.5M | ||
| Q1 25 | $177.4M | $-13.0M | ||
| Q4 24 | $173.7M | $-12.9M | ||
| Q3 24 | $170.4M | $-85.1M | ||
| Q2 24 | $165.8M | $-101.8M |
| Q1 26 | $899.4M | — | ||
| Q4 25 | $977.1M | $93.8M | ||
| Q3 25 | $899.9M | $85.8M | ||
| Q2 25 | $842.5M | $83.1M | ||
| Q1 25 | $804.1M | $93.0M | ||
| Q4 24 | $746.0M | $100.0M | ||
| Q3 24 | $683.0M | $113.4M | ||
| Q2 24 | $617.8M | $149.6M |
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 | — | $12.0M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 24.0% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | 25.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $6.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-28.4M | $12.0M | ||
| Q3 25 | $3.5M | $3.2M | ||
| Q2 25 | $-18.3M | $-4.5M | ||
| Q1 25 | $-21.6M | $-3.5M | ||
| Q4 24 | $-15.0M | $-14.2M | ||
| Q3 24 | $-9.8M | $14.8M | ||
| Q2 24 | $-7.6M | $27.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-28.6M | $11.6M | ||
| Q3 25 | $3.4M | $3.1M | ||
| Q2 25 | $-19.8M | $-4.7M | ||
| Q1 25 | $-23.3M | $-3.5M | ||
| Q4 24 | $-16.1M | $-14.3M | ||
| Q3 24 | $-13.4M | $14.8M | ||
| Q2 24 | $-7.7M | $27.6M |
| Q1 26 | — | — | ||
| Q4 25 | -61.1% | 24.0% | ||
| Q3 25 | 9.4% | 6.7% | ||
| Q2 25 | -79.0% | -11.6% | ||
| Q1 25 | -105.3% | -11.0% | ||
| Q4 24 | -76.0% | -29.7% | ||
| Q3 24 | -64.3% | 27.4% | ||
| Q2 24 | -38.7% | 53.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.7% | ||
| Q3 25 | 0.1% | 0.2% | ||
| Q2 25 | 5.8% | 0.5% | ||
| Q1 25 | 7.4% | 0.1% | ||
| Q4 24 | 5.1% | 0.1% | ||
| Q3 24 | 17.2% | 0.0% | ||
| Q2 24 | 0.3% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | -7.26× | 25.50× | ||
| Q3 25 | 0.71× | 2.22× | ||
| Q2 25 | -4.48× | -8.81× | ||
| Q1 25 | -6.78× | — | ||
| Q4 24 | -5.37× | — | ||
| Q3 24 | -2.84× | 1.65× | ||
| Q2 24 | -2.39× | 44.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINW
| Net Interest Income | $28.1M | 66% |
| Noninterest Income | $14.6M | 34% |
INSG
Segment breakdown not available.
