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

Solo Brands, Inc. is the larger business by last-quarter revenue ($94.0M vs $48.4M, roughly 1.9× INSEEGO CORP.). INSEEGO CORP. runs the higher net margin — 1.0% vs -88.4%, a 89.4% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -34.5%). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 5.0%).

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.

Conagra Brands, Inc. is an American consumer packaged goods holding company that makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. Based on its 2021 revenue, the company ranked 331st on the 2022 Fortune 500. Headquartered in Chicago, Illinois, Conagra was founded in Nebraska in 1919 and was originally called Nebraska Consolidated Mills.

INSG vs SBDS — Head-to-Head

Bigger by revenue
SBDS
SBDS
1.9× larger
SBDS
$94.0M
$48.4M
INSG
Growing faster (revenue YoY)
INSG
INSG
+35.1% gap
INSG
0.6%
-34.5%
SBDS
Higher net margin
INSG
INSG
89.4% more per $
INSG
1.0%
-88.4%
SBDS
Faster 2-yr revenue CAGR
INSG
INSG
Annualised
INSG
13.6%
5.0%
SBDS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
SBDS
SBDS
Revenue
$48.4M
$94.0M
Net Profit
$469.0K
$-83.2M
Gross Margin
42.2%
60.6%
Operating Margin
2.7%
-81.7%
Net Margin
1.0%
-88.4%
Revenue YoY
0.6%
-34.5%
Net Profit YoY
182.9%
-42.9%
EPS (diluted)
$-0.02
$-45.73

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
SBDS
SBDS
Q4 25
$48.4M
$94.0M
Q3 25
$45.9M
$53.0M
Q2 25
$40.2M
$92.3M
Q1 25
$31.7M
$77.3M
Q4 24
$48.1M
$143.5M
Q3 24
$54.0M
$94.1M
Q2 24
$51.6M
$131.6M
Q1 24
$37.5M
$85.3M
Net Profit
INSG
INSG
SBDS
SBDS
Q4 25
$469.0K
$-83.2M
Q3 25
$1.4M
$-22.9M
Q2 25
$507.0K
$-20.8M
Q1 25
$-1.6M
$-18.6M
Q4 24
$-566.0K
$-58.2M
Q3 24
$9.0M
$-111.5M
Q2 24
$624.0K
$-4.0M
Q1 24
$-4.5M
$-6.5M
Gross Margin
INSG
INSG
SBDS
SBDS
Q4 25
42.2%
60.6%
Q3 25
41.6%
60.0%
Q2 25
41.1%
61.3%
Q1 25
47.3%
55.2%
Q4 24
37.3%
61.1%
Q3 24
34.8%
41.8%
Q2 24
36.4%
62.8%
Q1 24
35.3%
59.2%
Operating Margin
INSG
INSG
SBDS
SBDS
Q4 25
2.7%
-81.7%
Q3 25
4.7%
-30.5%
Q2 25
3.2%
-10.7%
Q1 25
-1.3%
-13.8%
Q4 24
3.7%
-38.5%
Q3 24
1.9%
-122.5%
Q2 24
3.6%
1.7%
Q1 24
-7.9%
-7.4%
Net Margin
INSG
INSG
SBDS
SBDS
Q4 25
1.0%
-88.4%
Q3 25
3.1%
-43.2%
Q2 25
1.3%
-22.5%
Q1 25
-5.0%
-24.0%
Q4 24
-1.2%
-40.6%
Q3 24
16.6%
-118.4%
Q2 24
1.2%
-3.1%
Q1 24
-11.9%
-7.6%
EPS (diluted)
INSG
INSG
SBDS
SBDS
Q4 25
$-0.02
$-45.73
Q3 25
$0.03
$-9.22
Q2 25
$-0.03
$-8.93
Q1 25
$-0.16
$-0.21
Q4 24
$0.62
$-27.74
Q3 24
$-0.06
$-47.72
Q2 24
$-0.02
$-2.14
Q1 24
$-0.44
$-0.06

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
SBDS
SBDS
Cash + ST InvestmentsLiquidity on hand
$24.9M
$20.0M
Total DebtLower is stronger
$242.1M
Stockholders' EquityBook value
$-4.0M
$46.0M
Total Assets
$93.8M
$360.3M
Debt / EquityLower = less leverage
5.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
SBDS
SBDS
Q4 25
$24.9M
$20.0M
Q3 25
$14.6M
$16.3M
Q2 25
$13.2M
$18.1M
Q1 25
$35.1M
$206.4M
Q4 24
$39.6M
$12.0M
Q3 24
$12.0M
$12.5M
Q2 24
$49.0M
$20.1M
Q1 24
$12.3M
$15.4M
Total Debt
INSG
INSG
SBDS
SBDS
Q4 25
$242.1M
Q3 25
$235.2M
Q2 25
$238.4M
Q1 25
$427.9M
Q4 24
$150.7M
Q3 24
$161.1M
Q2 24
$162.2M
Q1 24
$170.2M
Stockholders' Equity
INSG
INSG
SBDS
SBDS
Q4 25
$-4.0M
$46.0M
Q3 25
$-7.7M
$99.1M
Q2 25
$-10.5M
$113.2M
Q1 25
$-13.0M
$121.7M
Q4 24
$-12.9M
$133.7M
Q3 24
$-85.1M
$168.0M
Q2 24
$-101.8M
$236.7M
Q1 24
$-105.6M
$238.5M
Total Assets
INSG
INSG
SBDS
SBDS
Q4 25
$93.8M
$360.3M
Q3 25
$85.8M
$431.0M
Q2 25
$83.1M
$459.7M
Q1 25
$93.0M
$692.4M
Q4 24
$100.0M
$495.1M
Q3 24
$113.4M
$553.2M
Q2 24
$149.6M
$642.0M
Q1 24
$122.1M
$648.3M
Debt / Equity
INSG
INSG
SBDS
SBDS
Q4 25
5.26×
Q3 25
2.37×
Q2 25
2.11×
Q1 25
3.52×
Q4 24
1.13×
Q3 24
0.96×
Q2 24
0.69×
Q1 24
0.71×

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
SBDS
SBDS
Operating Cash FlowLast quarter
$12.0M
$6.4M
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.

Operating Cash Flow
INSG
INSG
SBDS
SBDS
Q4 25
$12.0M
$6.4M
Q3 25
$3.2M
$11.2M
Q2 25
$-4.5M
$10.9M
Q1 25
$-3.5M
$-75.2M
Q4 24
$-14.2M
$13.0M
Q3 24
$14.8M
$378.0K
Q2 24
$27.6M
$15.7M
Q1 24
$5.2M
$-18.5M
Free Cash Flow
INSG
INSG
SBDS
SBDS
Q4 25
$11.6M
Q3 25
$3.1M
Q2 25
$-4.7M
Q1 25
$-3.5M
$-78.4M
Q4 24
$-14.3M
$9.0M
Q3 24
$14.8M
$-5.9M
Q2 24
$27.6M
$12.8M
Q1 24
$-20.9M
FCF Margin
INSG
INSG
SBDS
SBDS
Q4 25
24.0%
Q3 25
6.7%
Q2 25
-11.6%
Q1 25
-11.0%
-101.5%
Q4 24
-29.7%
6.3%
Q3 24
27.4%
-6.3%
Q2 24
53.5%
9.8%
Q1 24
-24.5%
Capex Intensity
INSG
INSG
SBDS
SBDS
Q4 25
0.7%
Q3 25
0.2%
Q2 25
0.5%
Q1 25
0.1%
4.2%
Q4 24
0.1%
2.8%
Q3 24
0.0%
6.7%
Q2 24
0.0%
2.2%
Q1 24
0.0%
2.8%
Cash Conversion
INSG
INSG
SBDS
SBDS
Q4 25
25.50×
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.

Revenue Breakdown by Segment

INSG
INSG

Segment breakdown not available.

SBDS
SBDS

Sales Channel Directly To Consumer$65.4M70%
Sales Channel Through Intermediary$28.6M30%

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