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Side-by-side financial comparison of INSEEGO CORP. (INSG) and MAGNACHIP SEMICONDUCTOR Corp (MX). Click either name above to swap in a different company.
INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $40.6M, roughly 1.2× MAGNACHIP SEMICONDUCTOR Corp). INSEEGO CORP. runs the higher net margin — 1.0% vs -19.9%, a 20.9% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -20.7%). INSEEGO CORP. produced more free cash flow last quarter ($11.6M vs $-4.8M). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs -3.4%).
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.
Magnachip Semiconductor Corp is a global semiconductor design and manufacturing firm specializing in high-performance analog and mixed-signal solutions. Its core products include display driver ICs, power management ICs and sensors, serving consumer electronics, automotive, industrial and communications markets worldwide.
INSG vs MX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $48.4M | $40.6M |
| Net Profit | $469.0K | $-8.1M |
| Gross Margin | 42.2% | 9.3% |
| Operating Margin | 2.7% | -26.1% |
| Net Margin | 1.0% | -19.9% |
| Revenue YoY | 0.6% | -20.7% |
| Net Profit YoY | 182.9% | 50.4% |
| EPS (diluted) | $-0.02 | $-0.23 |
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 | $40.6M | ||
| Q3 25 | $45.9M | $45.9M | ||
| Q2 25 | $40.2M | $47.6M | ||
| Q1 25 | $31.7M | $44.7M | ||
| Q4 24 | $48.1M | $51.2M | ||
| Q3 24 | $54.0M | $55.4M | ||
| Q2 24 | $51.6M | $46.4M | ||
| Q1 24 | $37.5M | $43.4M |
| Q4 25 | $469.0K | $-8.1M | ||
| Q3 25 | $1.4M | $-13.1M | ||
| Q2 25 | $507.0K | $323.0K | ||
| Q1 25 | $-1.6M | $-8.9M | ||
| Q4 24 | $-566.0K | $-16.3M | ||
| Q3 24 | $9.0M | $-9.6M | ||
| Q2 24 | $624.0K | $-13.0M | ||
| Q1 24 | $-4.5M | $-15.4M |
| Q4 25 | 42.2% | 9.3% | ||
| Q3 25 | 41.6% | 18.6% | ||
| Q2 25 | 41.1% | 20.4% | ||
| Q1 25 | 47.3% | 20.9% | ||
| Q4 24 | 37.3% | 21.7% | ||
| Q3 24 | 34.8% | 20.8% | ||
| Q2 24 | 36.4% | 21.1% | ||
| Q1 24 | 35.3% | 14.6% |
| Q4 25 | 2.7% | -26.1% | ||
| Q3 25 | 4.7% | -25.1% | ||
| Q2 25 | 3.2% | -15.6% | ||
| Q1 25 | -1.3% | -14.1% | ||
| Q4 24 | 3.7% | -12.5% | ||
| Q3 24 | 1.9% | -8.1% | ||
| Q2 24 | 3.6% | -12.3% | ||
| Q1 24 | -7.9% | -21.6% |
| Q4 25 | 1.0% | -19.9% | ||
| Q3 25 | 3.1% | -28.5% | ||
| Q2 25 | 1.3% | 0.7% | ||
| Q1 25 | -5.0% | -19.9% | ||
| Q4 24 | -1.2% | -31.8% | ||
| Q3 24 | 16.6% | -17.3% | ||
| Q2 24 | 1.2% | -28.0% | ||
| Q1 24 | -11.9% | -35.5% |
| Q4 25 | $-0.02 | $-0.23 | ||
| Q3 25 | $0.03 | $-0.36 | ||
| Q2 25 | $-0.03 | $0.01 | ||
| Q1 25 | $-0.16 | $-0.24 | ||
| Q4 24 | $0.62 | $-0.44 | ||
| Q3 24 | $-0.06 | $-0.26 | ||
| Q2 24 | $-0.02 | $-0.34 | ||
| Q1 24 | $-0.44 | $-0.40 |
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 | $103.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-4.0M | $248.3M |
| Total Assets | $93.8M | $351.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $103.8M | ||
| Q3 25 | $14.6M | $108.0M | ||
| Q2 25 | $13.2M | $113.3M | ||
| Q1 25 | $35.1M | $132.7M | ||
| Q4 24 | $39.6M | $138.6M | ||
| Q3 24 | $12.0M | $151.1M | ||
| Q2 24 | $49.0M | $162.5M | ||
| Q1 24 | $12.3M | $171.6M |
| Q4 25 | $-4.0M | $248.3M | ||
| Q3 25 | $-7.7M | $255.3M | ||
| Q2 25 | $-10.5M | $270.2M | ||
| Q1 25 | $-13.0M | $269.2M | ||
| Q4 24 | $-12.9M | $276.8M | ||
| Q3 24 | $-85.1M | $299.6M | ||
| Q2 24 | $-101.8M | $305.8M | ||
| Q1 24 | $-105.6M | $321.9M |
| Q4 25 | $93.8M | $351.5M | ||
| Q3 25 | $85.8M | $359.6M | ||
| Q2 25 | $83.1M | $370.5M | ||
| Q1 25 | $93.0M | $373.9M | ||
| Q4 24 | $100.0M | $379.3M | ||
| Q3 24 | $113.4M | $411.4M | ||
| Q2 24 | $149.6M | $412.7M | ||
| Q1 24 | $122.1M | $426.2M |
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 | $5.4M |
| Free Cash FlowOCF − Capex | $11.6M | $-4.8M |
| FCF MarginFCF / Revenue | 24.0% | -11.9% |
| Capex IntensityCapex / Revenue | 0.7% | 25.3% |
| Cash ConversionOCF / Net Profit | 25.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $6.5M | $-54.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.0M | $5.4M | ||
| Q3 25 | $3.2M | $162.0K | ||
| Q2 25 | $-4.5M | $-25.1M | ||
| Q1 25 | $-3.5M | $-4.7M | ||
| Q4 24 | $-14.2M | $11.9M | ||
| Q3 24 | $14.8M | $-12.9M | ||
| Q2 24 | $27.6M | $-1.1M | ||
| Q1 24 | $5.2M | $-4.0M |
| Q4 25 | $11.6M | $-4.8M | ||
| Q3 25 | $3.1M | $-7.5M | ||
| Q2 25 | $-4.7M | $-37.0M | ||
| Q1 25 | $-3.5M | $-4.9M | ||
| Q4 24 | $-14.3M | $4.4M | ||
| Q3 24 | $14.8M | $-15.5M | ||
| Q2 24 | $27.6M | $-2.0M | ||
| Q1 24 | — | $-4.6M |
| Q4 25 | 24.0% | -11.9% | ||
| Q3 25 | 6.7% | -16.3% | ||
| Q2 25 | -11.6% | -77.7% | ||
| Q1 25 | -11.0% | -10.9% | ||
| Q4 24 | -29.7% | 8.7% | ||
| Q3 24 | 27.4% | -28.0% | ||
| Q2 24 | 53.5% | -4.3% | ||
| Q1 24 | — | -10.7% |
| Q4 25 | 0.7% | 25.3% | ||
| Q3 25 | 0.2% | 16.7% | ||
| Q2 25 | 0.5% | 24.9% | ||
| Q1 25 | 0.1% | 0.5% | ||
| Q4 24 | 0.1% | 14.5% | ||
| Q3 24 | 0.0% | 4.7% | ||
| Q2 24 | 0.0% | 1.9% | ||
| Q1 24 | 0.0% | 1.5% |
| Q4 25 | 25.50× | — | ||
| Q3 25 | 2.22× | — | ||
| Q2 25 | -8.81× | -77.81× | ||
| 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.
Revenue Breakdown by Segment
INSG
Segment breakdown not available.
MX
| Power Analog Solutions | $36.8M | 91% |
| Power Ic | $3.8M | 9% |