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Side-by-side financial comparison of INSEEGO CORP. (INSG) and Inspirato Inc (ISPO). Click either name above to swap in a different company.

Inspirato Inc is the larger business by last-quarter revenue ($55.5M vs $48.4M, roughly 1.1× INSEEGO CORP.). INSEEGO CORP. runs the higher net margin — 1.0% vs -8.1%, a 9.1% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -19.6%). INSEEGO CORP. produced more free cash flow last quarter ($11.6M vs $-3.0M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs -11.4%).

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.

Inspirato Inc is a luxury travel and hospitality subscription service provider catering primarily to high-net-worth consumers across North America. It offers curated premium villa rentals, exclusive resort access, customized trip planning, and corporate travel incentive solutions for enterprise clients.

INSG vs ISPO — Head-to-Head

Bigger by revenue
ISPO
ISPO
1.1× larger
ISPO
$55.5M
$48.4M
INSG
Growing faster (revenue YoY)
INSG
INSG
+20.3% gap
INSG
0.6%
-19.6%
ISPO
Higher net margin
INSG
INSG
9.1% more per $
INSG
1.0%
-8.1%
ISPO
More free cash flow
INSG
INSG
$14.6M more FCF
INSG
$11.6M
$-3.0M
ISPO
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
-11.4%
ISPO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
INSG
INSG
ISPO
ISPO
Revenue
$48.4M
$55.5M
Net Profit
$469.0K
$-4.5M
Gross Margin
42.2%
31.4%
Operating Margin
2.7%
-8.0%
Net Margin
1.0%
-8.1%
Revenue YoY
0.6%
-19.6%
Net Profit YoY
182.9%
-204.4%
EPS (diluted)
$-0.02
$-0.36

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
INSG
INSG
ISPO
ISPO
Q4 25
$48.4M
Q3 25
$45.9M
$55.5M
Q2 25
$40.2M
$63.1M
Q1 25
$31.7M
$65.9M
Q4 24
$48.1M
$63.1M
Q3 24
$54.0M
$69.1M
Q2 24
$51.6M
$67.4M
Q1 24
$37.5M
$80.2M
Net Profit
INSG
INSG
ISPO
ISPO
Q4 25
$469.0K
Q3 25
$1.4M
$-4.5M
Q2 25
$507.0K
$-5.3M
Q1 25
$-1.6M
$1.6M
Q4 24
$-566.0K
$-2.3M
Q3 24
$9.0M
$4.3M
Q2 24
$624.0K
$-8.7M
Q1 24
$-4.5M
$1.3M
Gross Margin
INSG
INSG
ISPO
ISPO
Q4 25
42.2%
Q3 25
41.6%
31.4%
Q2 25
41.1%
27.5%
Q1 25
47.3%
38.8%
Q4 24
37.3%
34.7%
Q3 24
34.8%
71.5%
Q2 24
36.4%
24.0%
Q1 24
35.3%
39.5%
Operating Margin
INSG
INSG
ISPO
ISPO
Q4 25
2.7%
Q3 25
4.7%
-8.0%
Q2 25
3.2%
-8.3%
Q1 25
-1.3%
2.5%
Q4 24
3.7%
-3.2%
Q3 24
1.9%
9.8%
Q2 24
3.6%
-22.8%
Q1 24
-7.9%
3.0%
Net Margin
INSG
INSG
ISPO
ISPO
Q4 25
1.0%
Q3 25
3.1%
-8.1%
Q2 25
1.3%
-8.4%
Q1 25
-5.0%
2.5%
Q4 24
-1.2%
-3.6%
Q3 24
16.6%
6.3%
Q2 24
1.2%
-12.9%
Q1 24
-11.9%
1.6%
EPS (diluted)
INSG
INSG
ISPO
ISPO
Q4 25
$-0.02
Q3 25
$0.03
$-0.36
Q2 25
$-0.03
$-0.42
Q1 25
$-0.16
$0.12
Q4 24
$0.62
$0.98
Q3 24
$-0.06
$0.62
Q2 24
$-0.02
$-2.33
Q1 24
$-0.44
$-0.18

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
ISPO
ISPO
Cash + ST InvestmentsLiquidity on hand
$24.9M
$13.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$-134.0M
Total Assets
$93.8M
$228.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
ISPO
ISPO
Q4 25
$24.9M
Q3 25
$14.6M
$13.7M
Q2 25
$13.2M
$16.7M
Q1 25
$35.1M
$16.4M
Q4 24
$39.6M
$21.8M
Q3 24
$12.0M
$13.5M
Q2 24
$49.0M
$18.8M
Q1 24
$12.3M
$22.6M
Stockholders' Equity
INSG
INSG
ISPO
ISPO
Q4 25
$-4.0M
Q3 25
$-7.7M
$-134.0M
Q2 25
$-10.5M
$-129.7M
Q1 25
$-13.0M
$-125.2M
Q4 24
$-12.9M
$-129.9M
Q3 24
$-85.1M
$-134.6M
Q2 24
$-101.8M
$-35.2M
Q1 24
$-105.6M
$-27.5M
Total Assets
INSG
INSG
ISPO
ISPO
Q4 25
$93.8M
Q3 25
$85.8M
$228.3M
Q2 25
$83.1M
$252.6M
Q1 25
$93.0M
$270.1M
Q4 24
$100.0M
$273.9M
Q3 24
$113.4M
$273.3M
Q2 24
$149.6M
$301.7M
Q1 24
$122.1M
$313.0M

Cash Flow & Capital Efficiency

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

Metric
INSG
INSG
ISPO
ISPO
Operating Cash FlowLast quarter
$12.0M
$-2.2M
Free Cash FlowOCF − Capex
$11.6M
$-3.0M
FCF MarginFCF / Revenue
24.0%
-5.4%
Capex IntensityCapex / Revenue
0.7%
1.4%
Cash ConversionOCF / Net Profit
25.50×
TTM Free Cash FlowTrailing 4 quarters
$6.5M
$-31.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSG
INSG
ISPO
ISPO
Q4 25
$12.0M
Q3 25
$3.2M
$-2.2M
Q2 25
$-4.5M
$1.1M
Q1 25
$-3.5M
$-6.6M
Q4 24
$-14.2M
$-15.8M
Q3 24
$14.8M
$-13.7M
Q2 24
$27.6M
$-1.8M
Q1 24
$5.2M
$-7.2M
Free Cash Flow
INSG
INSG
ISPO
ISPO
Q4 25
$11.6M
Q3 25
$3.1M
$-3.0M
Q2 25
$-4.7M
$468.0K
Q1 25
$-3.5M
$-7.5M
Q4 24
$-14.3M
$-21.2M
Q3 24
$14.8M
$-14.8M
Q2 24
$27.6M
$-3.7M
Q1 24
$-8.5M
FCF Margin
INSG
INSG
ISPO
ISPO
Q4 25
24.0%
Q3 25
6.7%
-5.4%
Q2 25
-11.6%
0.7%
Q1 25
-11.0%
-11.4%
Q4 24
-29.7%
-33.7%
Q3 24
27.4%
-21.5%
Q2 24
53.5%
-5.5%
Q1 24
-10.6%
Capex Intensity
INSG
INSG
ISPO
ISPO
Q4 25
0.7%
Q3 25
0.2%
1.4%
Q2 25
0.5%
1.0%
Q1 25
0.1%
1.3%
Q4 24
0.1%
8.7%
Q3 24
0.0%
1.6%
Q2 24
0.0%
2.8%
Q1 24
0.0%
1.6%
Cash Conversion
INSG
INSG
ISPO
ISPO
Q4 25
25.50×
Q3 25
2.22×
Q2 25
-8.81×
Q1 25
-4.09×
Q4 24
Q3 24
1.65×
-3.16×
Q2 24
44.31×
Q1 24
-5.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSG
INSG

Segment breakdown not available.

ISPO
ISPO

Residence And Hotel Travel$25.9M47%
Subscription$19.4M35%
Experiences And Bespoke Travel$8.0M14%
Rewards And Other Revenue$2.3M4%

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