vs

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

Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $48.4M, roughly 1.5× INSEEGO CORP.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs 1.0%, a 25.9% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs 0.6%). INSEEGO CORP. produced more free cash flow last quarter ($11.6M vs $-12.0M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 6.6%).

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.

Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.

INSG vs KPLT — Head-to-Head

Bigger by revenue
KPLT
KPLT
1.5× larger
KPLT
$73.9M
$48.4M
INSG
Growing faster (revenue YoY)
KPLT
KPLT
+16.7% gap
KPLT
17.3%
0.6%
INSG
Higher net margin
KPLT
KPLT
25.9% more per $
KPLT
26.8%
1.0%
INSG
More free cash flow
INSG
INSG
$23.6M more FCF
INSG
$11.6M
$-12.0M
KPLT
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
6.6%
KPLT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
KPLT
KPLT
Revenue
$48.4M
$73.9M
Net Profit
$469.0K
$19.8M
Gross Margin
42.2%
15.6%
Operating Margin
2.7%
-1.4%
Net Margin
1.0%
26.8%
Revenue YoY
0.6%
17.3%
Net Profit YoY
182.9%
307.3%
EPS (diluted)
$-0.02
$3.69

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
KPLT
KPLT
Q4 25
$48.4M
$73.9M
Q3 25
$45.9M
$74.0M
Q2 25
$40.2M
$71.9M
Q1 25
$31.7M
$71.9M
Q4 24
$48.1M
$63.0M
Q3 24
$54.0M
$60.3M
Q2 24
$51.6M
$58.9M
Q1 24
$37.5M
$65.1M
Net Profit
INSG
INSG
KPLT
KPLT
Q4 25
$469.0K
$19.8M
Q3 25
$1.4M
$-4.9M
Q2 25
$507.0K
$-7.8M
Q1 25
$-1.6M
$-5.7M
Q4 24
$-566.0K
$-9.6M
Q3 24
$9.0M
$-8.9M
Q2 24
$624.0K
$-6.9M
Q1 24
$-4.5M
$-570.0K
Gross Margin
INSG
INSG
KPLT
KPLT
Q4 25
42.2%
15.6%
Q3 25
41.6%
19.7%
Q2 25
41.1%
15.5%
Q1 25
47.3%
19.9%
Q4 24
37.3%
11.8%
Q3 24
34.8%
19.8%
Q2 24
36.4%
16.9%
Q1 24
35.3%
25.3%
Operating Margin
INSG
INSG
KPLT
KPLT
Q4 25
2.7%
-1.4%
Q3 25
4.7%
3.3%
Q2 25
3.2%
-2.0%
Q1 25
-1.3%
-0.7%
Q4 24
3.7%
-7.7%
Q3 24
1.9%
-7.4%
Q2 24
3.6%
-4.5%
Q1 24
-7.9%
5.8%
Net Margin
INSG
INSG
KPLT
KPLT
Q4 25
1.0%
26.8%
Q3 25
3.1%
-6.7%
Q2 25
1.3%
-10.9%
Q1 25
-5.0%
-7.9%
Q4 24
-1.2%
-15.2%
Q3 24
16.6%
-14.7%
Q2 24
1.2%
-11.7%
Q1 24
-11.9%
-0.9%
EPS (diluted)
INSG
INSG
KPLT
KPLT
Q4 25
$-0.02
$3.69
Q3 25
$0.03
$-0.94
Q2 25
$-0.03
$-1.63
Q1 25
$-0.16
$-1.23
Q4 24
$0.62
$-2.17
Q3 24
$-0.06
$-2.05
Q2 24
$-0.02
$-1.61
Q1 24
$-0.44
$-0.13

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
KPLT
KPLT
Cash + ST InvestmentsLiquidity on hand
$24.9M
$22.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$-38.1M
Total Assets
$93.8M
$107.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
KPLT
KPLT
Q4 25
$24.9M
$22.4M
Q3 25
$14.6M
$3.4M
Q2 25
$13.2M
$3.7M
Q1 25
$35.1M
$6.0M
Q4 24
$39.6M
$3.5M
Q3 24
$12.0M
$25.9M
Q2 24
$49.0M
$33.7M
Q1 24
$12.3M
$31.2M
Stockholders' Equity
INSG
INSG
KPLT
KPLT
Q4 25
$-4.0M
$-38.1M
Q3 25
$-7.7M
$-58.4M
Q2 25
$-10.5M
$-54.1M
Q1 25
$-13.0M
$-51.7M
Q4 24
$-12.9M
$-46.8M
Q3 24
$-85.1M
$-40.3M
Q2 24
$-101.8M
$-32.9M
Q1 24
$-105.6M
$-27.5M
Total Assets
INSG
INSG
KPLT
KPLT
Q4 25
$93.8M
$107.9M
Q3 25
$85.8M
$85.9M
Q2 25
$83.1M
$90.6M
Q1 25
$93.0M
$88.5M
Q4 24
$100.0M
$93.2M
Q3 24
$113.4M
$92.0M
Q2 24
$149.6M
$106.6M
Q1 24
$122.1M
$106.6M

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
KPLT
KPLT
Operating Cash FlowLast quarter
$12.0M
$-11.9M
Free Cash FlowOCF − Capex
$11.6M
$-12.0M
FCF MarginFCF / Revenue
24.0%
-16.2%
Capex IntensityCapex / Revenue
0.7%
0.0%
Cash ConversionOCF / Net Profit
25.50×
-0.60×
TTM Free Cash FlowTrailing 4 quarters
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSG
INSG
KPLT
KPLT
Q4 25
$12.0M
$-11.9M
Q3 25
$3.2M
$4.0M
Q2 25
$-4.5M
$-6.6M
Q1 25
$-3.5M
$3.4M
Q4 24
$-14.2M
$-32.6M
Q3 24
$14.8M
$-5.4M
Q2 24
$27.6M
$-628.0K
Q1 24
$5.2M
$2.0M
Free Cash Flow
INSG
INSG
KPLT
KPLT
Q4 25
$11.6M
$-12.0M
Q3 25
$3.1M
$4.0M
Q2 25
$-4.7M
Q1 25
$-3.5M
$3.4M
Q4 24
$-14.3M
$-32.6M
Q3 24
$14.8M
$-5.4M
Q2 24
$27.6M
$-653.0K
Q1 24
FCF Margin
INSG
INSG
KPLT
KPLT
Q4 25
24.0%
-16.2%
Q3 25
6.7%
5.4%
Q2 25
-11.6%
Q1 25
-11.0%
4.7%
Q4 24
-29.7%
-51.8%
Q3 24
27.4%
-9.0%
Q2 24
53.5%
-1.1%
Q1 24
Capex Intensity
INSG
INSG
KPLT
KPLT
Q4 25
0.7%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.5%
0.0%
Q1 25
0.1%
0.0%
Q4 24
0.1%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.0%
Q1 24
0.0%
0.0%
Cash Conversion
INSG
INSG
KPLT
KPLT
Q4 25
25.50×
-0.60×
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.

Related Comparisons