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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) 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 $41.9M, roughly 1.2× GLADSTONE COMMERCIAL CORP). GLADSTONE COMMERCIAL CORP runs the higher net margin — 16.6% vs 1.0%, a 15.7% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -3.6%). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 6.3%).

Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.

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.

GOOD vs INSG — Head-to-Head

Bigger by revenue
INSG
INSG
1.2× larger
INSG
$48.4M
$41.9M
GOOD
Growing faster (revenue YoY)
INSG
INSG
+4.2% gap
INSG
0.6%
-3.6%
GOOD
Higher net margin
GOOD
GOOD
15.7% more per $
GOOD
16.6%
1.0%
INSG
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
6.3%
GOOD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GOOD
GOOD
INSG
INSG
Revenue
$41.9M
$48.4M
Net Profit
$7.0M
$469.0K
Gross Margin
42.2%
Operating Margin
160.2%
2.7%
Net Margin
16.6%
1.0%
Revenue YoY
-3.6%
0.6%
Net Profit YoY
29.5%
182.9%
EPS (diluted)
$-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
GOOD
GOOD
INSG
INSG
Q1 26
$41.9M
Q4 25
$43.5M
$48.4M
Q3 25
$40.8M
$45.9M
Q2 25
$39.5M
$40.2M
Q1 25
$37.5M
$31.7M
Q4 24
$37.4M
$48.1M
Q3 24
$39.2M
$54.0M
Q2 24
$37.1M
$51.6M
Net Profit
GOOD
GOOD
INSG
INSG
Q1 26
$7.0M
Q4 25
$5.4M
$469.0K
Q3 25
$4.1M
$1.4M
Q2 25
$4.6M
$507.0K
Q1 25
$5.1M
$-1.6M
Q4 24
$7.2M
$-566.0K
Q3 24
$11.7M
$9.0M
Q2 24
$1.6M
$624.0K
Gross Margin
GOOD
GOOD
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
GOOD
GOOD
INSG
INSG
Q1 26
160.2%
Q4 25
2.7%
Q3 25
4.7%
Q2 25
3.2%
Q1 25
-1.3%
Q4 24
3.7%
Q3 24
1.9%
Q2 24
3.6%
Net Margin
GOOD
GOOD
INSG
INSG
Q1 26
16.6%
Q4 25
12.4%
1.0%
Q3 25
10.1%
3.1%
Q2 25
11.7%
1.3%
Q1 25
13.7%
-5.0%
Q4 24
19.2%
-1.2%
Q3 24
29.8%
16.6%
Q2 24
4.3%
1.2%
EPS (diluted)
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
$0.05
$-0.02
Q3 25
$0.02
$0.03
Q2 25
$0.03
$-0.03
Q1 25
$0.04
$-0.16
Q4 24
$0.10
$0.62
Q3 24
$0.20
$-0.06
Q2 24
$-0.04
$-0.02

Balance Sheet & Financial Strength

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

Metric
GOOD
GOOD
INSG
INSG
Cash + ST InvestmentsLiquidity on hand
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
Total Assets
$1.2B
$93.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
$10.8M
$24.9M
Q3 25
$18.4M
$14.6M
Q2 25
$11.7M
$13.2M
Q1 25
$10.4M
$35.1M
Q4 24
$11.0M
$39.6M
Q3 24
$10.5M
$12.0M
Q2 24
$10.4M
$49.0M
Total Debt
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
$843.5M
Q3 25
$843.3M
Q2 25
$794.4M
Q1 25
$740.7M
Q4 24
$693.4M
Q3 24
$692.6M
Q2 24
$722.5M
Stockholders' Equity
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
$171.8M
$-4.0M
Q3 25
$184.8M
$-7.7M
Q2 25
$177.2M
$-10.5M
Q1 25
$183.2M
$-13.0M
Q4 24
$171.2M
$-12.9M
Q3 24
$168.9M
$-85.1M
Q2 24
$145.7M
$-101.8M
Total Assets
GOOD
GOOD
INSG
INSG
Q1 26
$1.2B
Q4 25
$1.2B
$93.8M
Q3 25
$1.3B
$85.8M
Q2 25
$1.2B
$83.1M
Q1 25
$1.2B
$93.0M
Q4 24
$1.1B
$100.0M
Q3 24
$1.1B
$113.4M
Q2 24
$1.1B
$149.6M
Debt / Equity
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
4.91×
Q3 25
4.56×
Q2 25
4.48×
Q1 25
4.04×
Q4 24
4.05×
Q3 24
4.10×
Q2 24
4.96×

Cash Flow & Capital Efficiency

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

Metric
GOOD
GOOD
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
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
$88.2M
$12.0M
Q3 25
$18.9M
$3.2M
Q2 25
$35.8M
$-4.5M
Q1 25
$17.7M
$-3.5M
Q4 24
$57.0M
$-14.2M
Q3 24
$5.5M
$14.8M
Q2 24
$13.6M
$27.6M
Free Cash Flow
GOOD
GOOD
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
GOOD
GOOD
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
GOOD
GOOD
INSG
INSG
Q1 26
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
GOOD
GOOD
INSG
INSG
Q1 26
Q4 25
16.38×
25.50×
Q3 25
4.57×
2.22×
Q2 25
7.74×
-8.81×
Q1 25
3.44×
Q4 24
7.93×
Q3 24
0.47×
1.65×
Q2 24
8.44×
44.31×

Financial Flow Comparison

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

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