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

INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $24.3M, roughly 2.0× OP Bancorp). On growth, OP Bancorp posted the faster year-over-year revenue change (13.7% vs 0.6%). OP Bancorp produced more free cash flow last quarter ($23.4M vs $11.6M). 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.

OP Bancorp is the bank holding company for Open Bank, a community-oriented commercial bank headquartered in California, United States. It provides a full range of banking solutions including deposit accounts, commercial real estate loans, small business financing, and consumer lending products, primarily catering to small and medium-sized enterprises, local immigrant communities, and retail clients across Southern California.

INSG vs OPBK — Head-to-Head

Bigger by revenue
INSG
INSG
2.0× larger
INSG
$48.4M
$24.3M
OPBK
Growing faster (revenue YoY)
OPBK
OPBK
+13.1% gap
OPBK
13.7%
0.6%
INSG
More free cash flow
OPBK
OPBK
$11.7M more FCF
OPBK
$23.4M
$11.6M
INSG
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
11.4%
OPBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
OPBK
OPBK
Revenue
$48.4M
$24.3M
Net Profit
$469.0K
Gross Margin
42.2%
Operating Margin
2.7%
39.2%
Net Margin
1.0%
Revenue YoY
0.6%
13.7%
Net Profit YoY
182.9%
EPS (diluted)
$-0.02
$0.48

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
OPBK
OPBK
Q4 25
$48.4M
$24.3M
Q3 25
$45.9M
$24.5M
Q2 25
$40.2M
$23.7M
Q1 25
$31.7M
$22.2M
Q4 24
$48.1M
$21.3M
Q3 24
$54.0M
$20.7M
Q2 24
$51.6M
$20.4M
Q1 24
$37.5M
$19.6M
Net Profit
INSG
INSG
OPBK
OPBK
Q4 25
$469.0K
Q3 25
$1.4M
$6.7M
Q2 25
$507.0K
$6.3M
Q1 25
$-1.6M
$5.6M
Q4 24
$-566.0K
Q3 24
$9.0M
$5.4M
Q2 24
$624.0K
$5.4M
Q1 24
$-4.5M
$5.2M
Gross Margin
INSG
INSG
OPBK
OPBK
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%
Operating Margin
INSG
INSG
OPBK
OPBK
Q4 25
2.7%
39.2%
Q3 25
4.7%
39.5%
Q2 25
3.2%
35.7%
Q1 25
-1.3%
34.6%
Q4 24
3.7%
31.2%
Q3 24
1.9%
36.5%
Q2 24
3.6%
37.2%
Q1 24
-7.9%
37.1%
Net Margin
INSG
INSG
OPBK
OPBK
Q4 25
1.0%
Q3 25
3.1%
27.4%
Q2 25
1.3%
26.7%
Q1 25
-5.0%
25.0%
Q4 24
-1.2%
Q3 24
16.6%
26.2%
Q2 24
1.2%
26.7%
Q1 24
-11.9%
26.7%
EPS (diluted)
INSG
INSG
OPBK
OPBK
Q4 25
$-0.02
$0.48
Q3 25
$0.03
$0.45
Q2 25
$-0.03
$0.42
Q1 25
$-0.16
$0.37
Q4 24
$0.62
$0.33
Q3 24
$-0.06
$0.36
Q2 24
$-0.02
$0.36
Q1 24
$-0.44
$0.34

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
OPBK
OPBK
Cash + ST InvestmentsLiquidity on hand
$24.9M
$167.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$227.9M
Total Assets
$93.8M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
OPBK
OPBK
Q4 25
$24.9M
$167.3M
Q3 25
$14.6M
$166.7M
Q2 25
$13.2M
$205.4M
Q1 25
$35.1M
$198.9M
Q4 24
$39.6M
$134.9M
Q3 24
$12.0M
$166.8M
Q2 24
$49.0M
$127.7M
Q1 24
$12.3M
$139.2M
Stockholders' Equity
INSG
INSG
OPBK
OPBK
Q4 25
$-4.0M
$227.9M
Q3 25
$-7.7M
$221.5M
Q2 25
$-10.5M
$213.7M
Q1 25
$-13.0M
$210.1M
Q4 24
$-12.9M
$205.0M
Q3 24
$-85.1M
$203.6M
Q2 24
$-101.8M
$195.9M
Q1 24
$-105.6M
$194.7M
Total Assets
INSG
INSG
OPBK
OPBK
Q4 25
$93.8M
$2.7B
Q3 25
$85.8M
$2.6B
Q2 25
$83.1M
$2.6B
Q1 25
$93.0M
$2.5B
Q4 24
$100.0M
$2.4B
Q3 24
$113.4M
$2.4B
Q2 24
$149.6M
$2.3B
Q1 24
$122.1M
$2.2B

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
OPBK
OPBK
Operating Cash FlowLast quarter
$12.0M
$26.2M
Free Cash FlowOCF − Capex
$11.6M
$23.4M
FCF MarginFCF / Revenue
24.0%
96.2%
Capex IntensityCapex / Revenue
0.7%
11.5%
Cash ConversionOCF / Net Profit
25.50×
TTM Free Cash FlowTrailing 4 quarters
$6.5M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSG
INSG
OPBK
OPBK
Q4 25
$12.0M
$26.2M
Q3 25
$3.2M
$23.9M
Q2 25
$-4.5M
$-7.0M
Q1 25
$-3.5M
$5.6M
Q4 24
$-14.2M
$31.2M
Q3 24
$14.8M
$13.3M
Q2 24
$27.6M
$15.8M
Q1 24
$5.2M
$-3.2M
Free Cash Flow
INSG
INSG
OPBK
OPBK
Q4 25
$11.6M
$23.4M
Q3 25
$3.1M
$23.4M
Q2 25
$-4.7M
$-7.7M
Q1 25
$-3.5M
$4.2M
Q4 24
$-14.3M
$29.7M
Q3 24
$14.8M
$12.8M
Q2 24
$27.6M
$15.7M
Q1 24
$-3.2M
FCF Margin
INSG
INSG
OPBK
OPBK
Q4 25
24.0%
96.2%
Q3 25
6.7%
95.6%
Q2 25
-11.6%
-32.5%
Q1 25
-11.0%
19.0%
Q4 24
-29.7%
139.0%
Q3 24
27.4%
61.5%
Q2 24
53.5%
77.0%
Q1 24
-16.6%
Capex Intensity
INSG
INSG
OPBK
OPBK
Q4 25
0.7%
11.5%
Q3 25
0.2%
2.3%
Q2 25
0.5%
3.0%
Q1 25
0.1%
6.4%
Q4 24
0.1%
7.3%
Q3 24
0.0%
2.8%
Q2 24
0.0%
0.4%
Q1 24
0.0%
0.5%
Cash Conversion
INSG
INSG
OPBK
OPBK
Q4 25
25.50×
Q3 25
2.22×
3.57×
Q2 25
-8.81×
-1.10×
Q1 25
1.02×
Q4 24
Q3 24
1.65×
2.45×
Q2 24
44.31×
2.90×
Q1 24
-0.60×

Financial Flow Comparison

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

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