vs
Side-by-side financial comparison of INSEEGO CORP. (INSG) and MFA FINANCIAL, INC. (MFA). Click either name above to swap in a different company.
MFA FINANCIAL, INC. is the larger business by last-quarter revenue ($55.5M vs $48.4M, roughly 1.1× INSEEGO CORP.). On growth, MFA FINANCIAL, INC. posted the faster year-over-year revenue change (9.2% vs 0.6%). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 7.7%).
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.
MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.
INSG vs MFA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $55.5M |
| Net Profit | $469.0K | — |
| Gross Margin | 42.2% | — |
| Operating Margin | 2.7% | 97.9% |
| Net Margin | 1.0% | — |
| Revenue YoY | 0.6% | 9.2% |
| Net Profit YoY | 182.9% | — |
| EPS (diluted) | $-0.02 | $0.43 |
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.
| Q4 25 | $48.4M | $55.5M | ||
| Q3 25 | $45.9M | $56.8M | ||
| Q2 25 | $40.2M | $61.3M | ||
| Q1 25 | $31.7M | $57.5M | ||
| Q4 24 | $48.1M | $50.8M | ||
| Q3 24 | $54.0M | $50.6M | ||
| Q2 24 | $51.6M | $53.5M | ||
| Q1 24 | $37.5M | $47.8M |
| Q4 25 | $469.0K | — | ||
| Q3 25 | $1.4M | $48.1M | ||
| Q2 25 | $507.0K | $33.2M | ||
| Q1 25 | $-1.6M | $41.2M | ||
| Q4 24 | $-566.0K | — | ||
| Q3 24 | $9.0M | $48.2M | ||
| Q2 24 | $624.0K | $41.9M | ||
| Q1 24 | $-4.5M | $23.2M |
| 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% | — | ||
| Q1 24 | 35.3% | — |
| Q4 25 | 2.7% | 97.9% | ||
| Q3 25 | 4.7% | 84.5% | ||
| Q2 25 | 3.2% | 54.5% | ||
| Q1 25 | -1.3% | 70.0% | ||
| Q4 24 | 3.7% | 6.8% | ||
| Q3 24 | 1.9% | 98.2% | ||
| Q2 24 | 3.6% | 79.1% | ||
| Q1 24 | -7.9% | 50.7% |
| Q4 25 | 1.0% | — | ||
| Q3 25 | 3.1% | 84.7% | ||
| Q2 25 | 1.3% | 54.2% | ||
| Q1 25 | -5.0% | 71.6% | ||
| Q4 24 | -1.2% | — | ||
| Q3 24 | 16.6% | 95.2% | ||
| Q2 24 | 1.2% | 78.4% | ||
| Q1 24 | -11.9% | 48.5% |
| Q4 25 | $-0.02 | $0.43 | ||
| Q3 25 | $0.03 | $0.35 | ||
| Q2 25 | $-0.03 | $0.21 | ||
| Q1 25 | $-0.16 | $0.31 | ||
| Q4 24 | $0.62 | $-0.01 | ||
| Q3 24 | $-0.06 | $0.37 | ||
| Q2 24 | $-0.02 | $0.32 | ||
| Q1 24 | $-0.44 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.9M | $213.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-4.0M | $1.8B |
| Total Assets | $93.8M | $13.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $213.2M | ||
| Q3 25 | $14.6M | $305.2M | ||
| Q2 25 | $13.2M | $275.7M | ||
| Q1 25 | $35.1M | $253.7M | ||
| Q4 24 | $39.6M | $338.9M | ||
| Q3 24 | $12.0M | $305.6M | ||
| Q2 24 | $49.0M | $289.4M | ||
| Q1 24 | $12.3M | $306.3M |
| Q4 25 | $-4.0M | $1.8B | ||
| Q3 25 | $-7.7M | $1.8B | ||
| Q2 25 | $-10.5M | $1.8B | ||
| Q1 25 | $-13.0M | $1.8B | ||
| Q4 24 | $-12.9M | $1.8B | ||
| Q3 24 | $-85.1M | $1.9B | ||
| Q2 24 | $-101.8M | $1.9B | ||
| Q1 24 | $-105.6M | $1.9B |
| Q4 25 | $93.8M | $13.0B | ||
| Q3 25 | $85.8M | $12.1B | ||
| Q2 25 | $83.1M | $11.7B | ||
| Q1 25 | $93.0M | $11.5B | ||
| Q4 24 | $100.0M | $11.4B | ||
| Q3 24 | $113.4M | $11.2B | ||
| Q2 24 | $149.6M | $11.1B | ||
| Q1 24 | $122.1M | $10.9B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.0M | $76.2M |
| 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.
| Q4 25 | $12.0M | $76.2M | ||
| Q3 25 | $3.2M | $14.7M | ||
| Q2 25 | $-4.5M | $38.5M | ||
| Q1 25 | $-3.5M | $-14.6M | ||
| Q4 24 | $-14.2M | $200.1M | ||
| Q3 24 | $14.8M | $-11.3M | ||
| Q2 24 | $27.6M | $46.5M | ||
| Q1 24 | $5.2M | $53.5M |
| 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 | — | ||
| Q1 24 | — | — |
| 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% | — | ||
| Q1 24 | — | — |
| 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% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 25.50× | — | ||
| Q3 25 | 2.22× | 0.31× | ||
| Q2 25 | -8.81× | 1.16× | ||
| Q1 25 | — | -0.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.65× | -0.23× | ||
| Q2 24 | 44.31× | 1.11× | ||
| Q1 24 | — | 2.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
