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

FLOTEK INDUSTRIES INC is the larger business by last-quarter revenue ($70.1M vs $48.4M, roughly 1.4× INSEEGO CORP.). FLOTEK INDUSTRIES INC runs the higher net margin — 6.7% vs 1.0%, a 5.7% gap on every dollar of revenue. On growth, FLOTEK INDUSTRIES INC posted the faster year-over-year revenue change (27.0% vs 0.6%). Over the past eight quarters, FLOTEK INDUSTRIES INC's revenue compounded faster (23.2% CAGR vs 13.6%).

Flotek Industries Inc. is a technology-driven diversified company that develops and supplies specialty chemicals, performance materials and related equipment solutions for global energy, mining and industrial manufacturing sectors, delivering innovative sustainable products to boost client operational efficiency.

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.

FTK vs INSG — Head-to-Head

Bigger by revenue
FTK
FTK
1.4× larger
FTK
$70.1M
$48.4M
INSG
Growing faster (revenue YoY)
FTK
FTK
+26.4% gap
FTK
27.0%
0.6%
INSG
Higher net margin
FTK
FTK
5.7% more per $
FTK
6.7%
1.0%
INSG
Faster 2-yr revenue CAGR
FTK
FTK
Annualised
FTK
23.2%
13.6%
INSG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTK
FTK
INSG
INSG
Revenue
$70.1M
$48.4M
Net Profit
$4.7M
$469.0K
Gross Margin
22.2%
42.2%
Operating Margin
10.8%
2.7%
Net Margin
6.7%
1.0%
Revenue YoY
27.0%
0.6%
Net Profit YoY
182.9%
EPS (diluted)
$0.12
$-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
FTK
FTK
INSG
INSG
Q1 26
$70.1M
Q4 25
$67.5M
$48.4M
Q3 25
$56.0M
$45.9M
Q2 25
$58.4M
$40.2M
Q1 25
$55.4M
$31.7M
Q4 24
$50.8M
$48.1M
Q3 24
$49.7M
$54.0M
Q2 24
$46.2M
$51.6M
Net Profit
FTK
FTK
INSG
INSG
Q1 26
$4.7M
Q4 25
$3.0M
$469.0K
Q3 25
$20.4M
$1.4M
Q2 25
$1.8M
$507.0K
Q1 25
$5.4M
$-1.6M
Q4 24
$4.4M
$-566.0K
Q3 24
$2.5M
$9.0M
Q2 24
$2.0M
$624.0K
Gross Margin
FTK
FTK
INSG
INSG
Q1 26
22.2%
Q4 25
22.5%
42.2%
Q3 25
31.7%
41.6%
Q2 25
24.7%
41.1%
Q1 25
22.5%
47.3%
Q4 24
24.2%
37.3%
Q3 24
18.3%
34.8%
Q2 24
19.9%
36.4%
Operating Margin
FTK
FTK
INSG
INSG
Q1 26
10.8%
Q4 25
8.9%
2.7%
Q3 25
16.2%
4.7%
Q2 25
4.4%
3.2%
Q1 25
10.1%
-1.3%
Q4 24
10.1%
3.7%
Q3 24
5.5%
1.9%
Q2 24
4.8%
3.6%
Net Margin
FTK
FTK
INSG
INSG
Q1 26
6.7%
Q4 25
4.5%
1.0%
Q3 25
36.3%
3.1%
Q2 25
3.0%
1.3%
Q1 25
9.7%
-5.0%
Q4 24
8.7%
-1.2%
Q3 24
5.1%
16.6%
Q2 24
4.3%
1.2%
EPS (diluted)
FTK
FTK
INSG
INSG
Q1 26
$0.12
Q4 25
$0.09
$-0.02
Q3 25
$0.53
$0.03
Q2 25
$0.05
$-0.03
Q1 25
$0.17
$-0.16
Q4 24
$0.15
$0.62
Q3 24
$0.08
$-0.06
Q2 24
$0.06
$-0.02

Balance Sheet & Financial Strength

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

Metric
FTK
FTK
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$5.7M
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$118.2M
$-4.0M
Total Assets
$231.8M
$93.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
INSG
INSG
Q1 26
$5.7M
Q4 25
$5.7M
$24.9M
Q3 25
$4.6M
$14.6M
Q2 25
$5.0M
$13.2M
Q1 25
$6.3M
$35.1M
Q4 24
$4.4M
$39.6M
Q3 24
$5.0M
$12.0M
Q2 24
$4.8M
$49.0M
Total Debt
FTK
FTK
INSG
INSG
Q1 26
Q4 25
$40.0M
Q3 25
$40.0M
Q2 25
$40.0M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FTK
FTK
INSG
INSG
Q1 26
$118.2M
Q4 25
$113.1M
$-4.0M
Q3 25
$110.5M
$-7.7M
Q2 25
$71.8M
$-10.5M
Q1 25
$119.7M
$-13.0M
Q4 24
$113.9M
$-12.9M
Q3 24
$109.0M
$-85.1M
Q2 24
$106.2M
$-101.8M
Total Assets
FTK
FTK
INSG
INSG
Q1 26
$231.8M
Q4 25
$220.0M
$93.8M
Q3 25
$212.7M
$85.8M
Q2 25
$172.2M
$83.1M
Q1 25
$170.2M
$93.0M
Q4 24
$170.8M
$100.0M
Q3 24
$160.6M
$113.4M
Q2 24
$156.0M
$149.6M
Debt / Equity
FTK
FTK
INSG
INSG
Q1 26
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.56×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FTK
FTK
INSG
INSG
Operating Cash FlowLast quarter
$21.0K
$12.0M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
24.0%
Capex IntensityCapex / Revenue
1.4%
0.7%
Cash ConversionOCF / Net Profit
0.00×
25.50×
TTM Free Cash FlowTrailing 4 quarters
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
INSG
INSG
Q1 26
$21.0K
Q4 25
$6.2M
$12.0M
Q3 25
$-1.9M
$3.2M
Q2 25
$-4.5M
$-4.5M
Q1 25
$7.3M
$-3.5M
Q4 24
$-2.6M
$-14.2M
Q3 24
$5.1M
$14.8M
Q2 24
$-3.1M
$27.6M
Free Cash Flow
FTK
FTK
INSG
INSG
Q1 26
Q4 25
$11.6M
Q3 25
$3.1M
Q2 25
$-4.7M
Q1 25
$-3.5M
Q4 24
$-14.3M
Q3 24
$14.8M
Q2 24
$27.6M
FCF Margin
FTK
FTK
INSG
INSG
Q1 26
Q4 25
24.0%
Q3 25
6.7%
Q2 25
-11.6%
Q1 25
-11.0%
Q4 24
-29.7%
Q3 24
27.4%
Q2 24
53.5%
Capex Intensity
FTK
FTK
INSG
INSG
Q1 26
1.4%
Q4 25
0.7%
Q3 25
0.2%
Q2 25
0.5%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
FTK
FTK
INSG
INSG
Q1 26
0.00×
Q4 25
2.07×
25.50×
Q3 25
-0.09×
2.22×
Q2 25
-2.54×
-8.81×
Q1 25
1.36×
Q4 24
-0.58×
Q3 24
2.01×
1.65×
Q2 24
-1.55×
44.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTK
FTK

Revenue from related party$51.9M74%
Revenue from external customers$18.2M26%

INSG
INSG

Segment breakdown not available.

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