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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) 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 $26.0M, roughly 1.9× FRANKLIN STREET PROPERTIES CORP). INSEEGO CORP. runs the higher net margin — 1.0% vs -28.1%, a 29.1% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -8.2%). INSEEGO CORP. produced more free cash flow last quarter ($11.6M vs $-12.7M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs -8.7%).

Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.

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.

FSP vs INSG — Head-to-Head

Bigger by revenue
INSG
INSG
1.9× larger
INSG
$48.4M
$26.0M
FSP
Growing faster (revenue YoY)
INSG
INSG
+8.9% gap
INSG
0.6%
-8.2%
FSP
Higher net margin
INSG
INSG
29.1% more per $
INSG
1.0%
-28.1%
FSP
More free cash flow
INSG
INSG
$24.3M more FCF
INSG
$11.6M
$-12.7M
FSP
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
-8.7%
FSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSP
FSP
INSG
INSG
Revenue
$26.0M
$48.4M
Net Profit
$-7.3M
$469.0K
Gross Margin
59.4%
42.2%
Operating Margin
-27.9%
2.7%
Net Margin
-28.1%
1.0%
Revenue YoY
-8.2%
0.6%
Net Profit YoY
14.1%
182.9%
EPS (diluted)
$-0.06
$-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
FSP
FSP
INSG
INSG
Q4 25
$26.0M
$48.4M
Q3 25
$27.3M
$45.9M
Q2 25
$26.7M
$40.2M
Q1 25
$27.1M
$31.7M
Q4 24
$28.4M
$48.1M
Q3 24
$29.7M
$54.0M
Q2 24
$30.8M
$51.6M
Q1 24
$31.2M
$37.5M
Net Profit
FSP
FSP
INSG
INSG
Q4 25
$-7.3M
$469.0K
Q3 25
$-8.3M
$1.4M
Q2 25
$-7.9M
$507.0K
Q1 25
$-21.4M
$-1.6M
Q4 24
$-8.5M
$-566.0K
Q3 24
$-15.6M
$9.0M
Q2 24
$-21.0M
$624.0K
Q1 24
$-7.6M
$-4.5M
Gross Margin
FSP
FSP
INSG
INSG
Q4 25
59.4%
42.2%
Q3 25
60.9%
41.6%
Q2 25
59.9%
41.1%
Q1 25
62.8%
47.3%
Q4 24
59.7%
37.3%
Q3 24
61.0%
34.8%
Q2 24
64.2%
36.4%
Q1 24
64.7%
35.3%
Operating Margin
FSP
FSP
INSG
INSG
Q4 25
-27.9%
2.7%
Q3 25
-30.5%
4.7%
Q2 25
-29.2%
3.2%
Q1 25
-78.9%
-1.3%
Q4 24
-29.9%
3.7%
Q3 24
-52.4%
1.9%
Q2 24
-68.0%
3.6%
Q1 24
-24.0%
-7.9%
Net Margin
FSP
FSP
INSG
INSG
Q4 25
-28.1%
1.0%
Q3 25
-30.5%
3.1%
Q2 25
-29.5%
1.3%
Q1 25
-79.1%
-5.0%
Q4 24
-30.0%
-1.2%
Q3 24
-52.6%
16.6%
Q2 24
-68.2%
1.2%
Q1 24
-24.2%
-11.9%
EPS (diluted)
FSP
FSP
INSG
INSG
Q4 25
$-0.06
$-0.02
Q3 25
$-0.08
$0.03
Q2 25
$-0.08
$-0.03
Q1 25
$-0.21
$-0.16
Q4 24
$-0.09
$0.62
Q3 24
$-0.15
$-0.06
Q2 24
$-0.20
$-0.02
Q1 24
$-0.07
$-0.44

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$30.6M
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$-4.0M
Total Assets
$892.9M
$93.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
INSG
INSG
Q4 25
$30.6M
$24.9M
Q3 25
$31.4M
$14.6M
Q2 25
$29.4M
$13.2M
Q1 25
$30.2M
$35.1M
Q4 24
$41.1M
$39.6M
Q3 24
$40.9M
$12.0M
Q2 24
$30.2M
$49.0M
Q1 24
$34.2M
$12.3M
Stockholders' Equity
FSP
FSP
INSG
INSG
Q4 25
$607.0M
$-4.0M
Q3 25
$615.3M
$-7.7M
Q2 25
$624.7M
$-10.5M
Q1 25
$633.4M
$-13.0M
Q4 24
$655.9M
$-12.9M
Q3 24
$665.4M
$-85.1M
Q2 24
$682.1M
$-101.8M
Q1 24
$703.9M
$-105.6M
Total Assets
FSP
FSP
INSG
INSG
Q4 25
$892.9M
$93.8M
Q3 25
$901.0M
$85.8M
Q2 25
$903.2M
$83.1M
Q1 25
$916.4M
$93.0M
Q4 24
$946.9M
$100.0M
Q3 24
$981.5M
$113.4M
Q2 24
$1.0B
$149.6M
Q1 24
$1.0B
$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
FSP
FSP
INSG
INSG
Operating Cash FlowLast quarter
$3.8M
$12.0M
Free Cash FlowOCF − Capex
$-12.7M
$11.6M
FCF MarginFCF / Revenue
-48.6%
24.0%
Capex IntensityCapex / Revenue
63.0%
0.7%
Cash ConversionOCF / Net Profit
25.50×
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
INSG
INSG
Q4 25
$3.8M
$12.0M
Q3 25
$8.3M
$3.2M
Q2 25
$-2.9M
$-4.5M
Q1 25
$-5.5M
$-3.5M
Q4 24
$9.0M
$-14.2M
Q3 24
$14.5M
$14.8M
Q2 24
$-648.0K
$27.6M
Q1 24
$-7.1M
$5.2M
Free Cash Flow
FSP
FSP
INSG
INSG
Q4 25
$-12.7M
$11.6M
Q3 25
$3.0M
$3.1M
Q2 25
$-5.7M
$-4.7M
Q1 25
$-9.9M
$-3.5M
Q4 24
$-16.2M
$-14.3M
Q3 24
$8.6M
$14.8M
Q2 24
$-5.1M
$27.6M
Q1 24
$-15.8M
FCF Margin
FSP
FSP
INSG
INSG
Q4 25
-48.6%
24.0%
Q3 25
11.0%
6.7%
Q2 25
-21.5%
-11.6%
Q1 25
-36.7%
-11.0%
Q4 24
-57.2%
-29.7%
Q3 24
29.1%
27.4%
Q2 24
-16.7%
53.5%
Q1 24
-50.8%
Capex Intensity
FSP
FSP
INSG
INSG
Q4 25
63.0%
0.7%
Q3 25
19.4%
0.2%
Q2 25
10.7%
0.5%
Q1 25
16.4%
0.1%
Q4 24
88.9%
0.1%
Q3 24
19.6%
0.0%
Q2 24
14.6%
0.0%
Q1 24
28.1%
0.0%
Cash Conversion
FSP
FSP
INSG
INSG
Q4 25
25.50×
Q3 25
2.22×
Q2 25
-8.81×
Q1 25
Q4 24
Q3 24
1.65×
Q2 24
44.31×
Q1 24

Financial Flow Comparison

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

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