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Side-by-side financial comparison of Primis Financial Corp. (FRST) 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 $45.6M, roughly 1.1× Primis Financial Corp.). Primis Financial Corp. runs the higher net margin — 16.0% vs 1.0%, a 15.1% gap on every dollar of revenue. Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 13.0%).

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

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.

FRST vs INSG — Head-to-Head

Bigger by revenue
INSG
INSG
1.1× larger
INSG
$48.4M
$45.6M
FRST
Higher net margin
FRST
FRST
15.1% more per $
FRST
16.0%
1.0%
INSG
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
13.0%
FRST

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRST
FRST
INSG
INSG
Revenue
$45.6M
$48.4M
Net Profit
$7.3M
$469.0K
Gross Margin
42.2%
Operating Margin
2.7%
Net Margin
16.0%
1.0%
Revenue YoY
0.6%
Net Profit YoY
200.0%
182.9%
EPS (diluted)
$0.30
$-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
FRST
FRST
INSG
INSG
Q1 26
$45.6M
Q4 25
$80.9M
$48.4M
Q3 25
$41.0M
$45.9M
Q2 25
$43.2M
$40.2M
Q1 25
$58.7M
$31.7M
Q4 24
$38.8M
$48.1M
Q3 24
$37.3M
$54.0M
Q2 24
$35.7M
$51.6M
Net Profit
FRST
FRST
INSG
INSG
Q1 26
$7.3M
Q4 25
$29.5M
$469.0K
Q3 25
$6.8M
$1.4M
Q2 25
$2.4M
$507.0K
Q1 25
$22.6M
$-1.6M
Q4 24
$-26.2M
$-566.0K
Q3 24
$1.2M
$9.0M
Q2 24
$3.4M
$624.0K
Gross Margin
FRST
FRST
INSG
INSG
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%
Operating Margin
FRST
FRST
INSG
INSG
Q1 26
Q4 25
44.8%
2.7%
Q3 25
21.3%
4.7%
Q2 25
6.9%
3.2%
Q1 25
41.9%
-1.3%
Q4 24
-123.0%
3.7%
Q3 24
-3.1%
1.9%
Q2 24
7.8%
3.6%
Net Margin
FRST
FRST
INSG
INSG
Q1 26
16.0%
Q4 25
36.5%
1.0%
Q3 25
16.7%
3.1%
Q2 25
5.6%
1.3%
Q1 25
38.6%
-5.0%
Q4 24
-100.3%
-1.2%
Q3 24
3.3%
16.6%
Q2 24
9.6%
1.2%
EPS (diluted)
FRST
FRST
INSG
INSG
Q1 26
$0.30
Q4 25
$1.19
$-0.02
Q3 25
$0.28
$0.03
Q2 25
$0.10
$-0.03
Q1 25
$0.92
$-0.16
Q4 24
$-0.95
$0.62
Q3 24
$0.05
$-0.06
Q2 24
$0.14
$-0.02

Balance Sheet & Financial Strength

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

Metric
FRST
FRST
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$159.9M
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$427.2M
$-4.0M
Total Assets
$4.3B
$93.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRST
FRST
INSG
INSG
Q1 26
$159.9M
Q4 25
$143.6M
$24.9M
Q3 25
$63.9M
$14.6M
Q2 25
$94.1M
$13.2M
Q1 25
$57.0M
$35.1M
Q4 24
$64.5M
$39.6M
Q3 24
$77.3M
$12.0M
Q2 24
$66.6M
$49.0M
Stockholders' Equity
FRST
FRST
INSG
INSG
Q1 26
$427.2M
Q4 25
$422.9M
$-4.0M
Q3 25
$382.2M
$-7.7M
Q2 25
$376.4M
$-10.5M
Q1 25
$375.6M
$-13.0M
Q4 24
$351.8M
$-12.9M
Q3 24
$381.0M
$-85.1M
Q2 24
$376.0M
$-101.8M
Total Assets
FRST
FRST
INSG
INSG
Q1 26
$4.3B
Q4 25
$4.0B
$93.8M
Q3 25
$4.0B
$85.8M
Q2 25
$3.9B
$83.1M
Q1 25
$3.7B
$93.0M
Q4 24
$3.7B
$100.0M
Q3 24
$4.0B
$113.4M
Q2 24
$4.0B
$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
FRST
FRST
INSG
INSG
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.

Operating Cash Flow
FRST
FRST
INSG
INSG
Q1 26
Q4 25
$10.8M
$12.0M
Q3 25
$-11.4M
$3.2M
Q2 25
$-41.0M
$-4.5M
Q1 25
$34.4M
$-3.5M
Q4 24
$19.5M
$-14.2M
Q3 24
$6.1M
$14.8M
Q2 24
$52.3M
$27.6M
Free Cash Flow
FRST
FRST
INSG
INSG
Q1 26
Q4 25
$9.0M
$11.6M
Q3 25
$3.1M
Q2 25
$-4.7M
Q1 25
$-3.5M
Q4 24
$18.3M
$-14.3M
Q3 24
$14.8M
Q2 24
$27.6M
FCF Margin
FRST
FRST
INSG
INSG
Q1 26
Q4 25
11.2%
24.0%
Q3 25
6.7%
Q2 25
-11.6%
Q1 25
-11.0%
Q4 24
47.3%
-29.7%
Q3 24
27.4%
Q2 24
53.5%
Capex Intensity
FRST
FRST
INSG
INSG
Q1 26
Q4 25
2.1%
0.7%
Q3 25
0.2%
Q2 25
0.5%
Q1 25
0.1%
Q4 24
3.1%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.0%
Cash Conversion
FRST
FRST
INSG
INSG
Q1 26
Q4 25
0.36×
25.50×
Q3 25
-1.67×
2.22×
Q2 25
-16.82×
-8.81×
Q1 25
1.52×
Q4 24
Q3 24
4.93×
1.65×
Q2 24
15.21×
44.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

INSG
INSG

Segment breakdown not available.

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