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

Sezzle Inc. is the larger business by last-quarter revenue ($78.2M vs $48.4M, roughly 1.6× INSEEGO CORP.). Sezzle Inc. runs the higher net margin — 54.6% vs 1.0%, a 53.6% gap on every dollar of revenue. On growth, Sezzle Inc. posted the faster year-over-year revenue change (61.6% vs 0.6%). Sezzle Inc. produced more free cash flow last quarter ($70.6M vs $11.6M). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (76.0% CAGR vs 13.6%).

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.

Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. The company provides an alternative payment platform offering interest-free installment plans at selected online stores. As of June 2021, the Sezzle platform had over 10 million user sign-ups and over 48,000 participating merchants.

INSG vs SEZL — Head-to-Head

Bigger by revenue
SEZL
SEZL
1.6× larger
SEZL
$78.2M
$48.4M
INSG
Growing faster (revenue YoY)
SEZL
SEZL
+60.9% gap
SEZL
61.6%
0.6%
INSG
Higher net margin
SEZL
SEZL
53.6% more per $
SEZL
54.6%
1.0%
INSG
More free cash flow
SEZL
SEZL
$59.0M more FCF
SEZL
$70.6M
$11.6M
INSG
Faster 2-yr revenue CAGR
SEZL
SEZL
Annualised
SEZL
76.0%
13.6%
INSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
SEZL
SEZL
Revenue
$48.4M
$78.2M
Net Profit
$469.0K
$42.7M
Gross Margin
42.2%
Operating Margin
2.7%
70.6%
Net Margin
1.0%
54.6%
Revenue YoY
0.6%
61.6%
Net Profit YoY
182.9%
68.3%
EPS (diluted)
$-0.02
$1.19

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
SEZL
SEZL
Q4 25
$48.4M
$78.2M
Q3 25
$45.9M
$57.5M
Q2 25
$40.2M
$52.0M
Q1 25
$31.7M
$48.2M
Q4 24
$48.1M
$48.4M
Q3 24
$54.0M
$35.6M
Q2 24
$51.6M
$30.2M
Q1 24
$37.5M
$25.2M
Net Profit
INSG
INSG
SEZL
SEZL
Q4 25
$469.0K
$42.7M
Q3 25
$1.4M
$26.7M
Q2 25
$507.0K
$27.6M
Q1 25
$-1.6M
$36.2M
Q4 24
$-566.0K
$25.4M
Q3 24
$9.0M
$15.4M
Q2 24
$624.0K
$29.7M
Q1 24
$-4.5M
$8.0M
Gross Margin
INSG
INSG
SEZL
SEZL
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
SEZL
SEZL
Q4 25
2.7%
70.6%
Q3 25
4.7%
61.9%
Q2 25
3.2%
69.4%
Q1 25
-1.3%
Q4 24
3.7%
63.8%
Q3 24
1.9%
58.6%
Q2 24
3.6%
55.3%
Q1 24
-7.9%
54.8%
Net Margin
INSG
INSG
SEZL
SEZL
Q4 25
1.0%
54.6%
Q3 25
3.1%
46.4%
Q2 25
1.3%
53.1%
Q1 25
-5.0%
75.1%
Q4 24
-1.2%
52.4%
Q3 24
16.6%
43.4%
Q2 24
1.2%
98.4%
Q1 24
-11.9%
31.7%
EPS (diluted)
INSG
INSG
SEZL
SEZL
Q4 25
$-0.02
$1.19
Q3 25
$0.03
$0.75
Q2 25
$-0.03
$0.78
Q1 25
$-0.16
$1.00
Q4 24
$0.62
$0.71
Q3 24
$-0.06
$0.44
Q2 24
$-0.02
$0.82
Q1 24
$-0.44
$0.22

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
SEZL
SEZL
Cash + ST InvestmentsLiquidity on hand
$24.9M
$64.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$169.8M
Total Assets
$93.8M
$400.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
SEZL
SEZL
Q4 25
$24.9M
$64.1M
Q3 25
$14.6M
$104.1M
Q2 25
$13.2M
$88.9M
Q1 25
$35.1M
$88.9M
Q4 24
$39.6M
$73.2M
Q3 24
$12.0M
$80.1M
Q2 24
$49.0M
$58.0M
Q1 24
$12.3M
$77.8M
Stockholders' Equity
INSG
INSG
SEZL
SEZL
Q4 25
$-4.0M
$169.8M
Q3 25
$-7.7M
$155.3M
Q2 25
$-10.5M
$130.4M
Q1 25
$-13.0M
$125.8M
Q4 24
$-12.9M
$87.8M
Q3 24
$-85.1M
$61.1M
Q2 24
$-101.8M
$50.3M
Q1 24
$-105.6M
$29.6M
Total Assets
INSG
INSG
SEZL
SEZL
Q4 25
$93.8M
$400.2M
Q3 25
$85.8M
$367.0M
Q2 25
$83.1M
$350.6M
Q1 25
$93.0M
$298.1M
Q4 24
$100.0M
$298.4M
Q3 24
$113.4M
$252.9M
Q2 24
$149.6M
$212.1M
Q1 24
$122.1M
$195.7M

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
SEZL
SEZL
Operating Cash FlowLast quarter
$12.0M
$70.6M
Free Cash FlowOCF − Capex
$11.6M
$70.6M
FCF MarginFCF / Revenue
24.0%
90.2%
Capex IntensityCapex / Revenue
0.7%
0.1%
Cash ConversionOCF / Net Profit
25.50×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$6.5M
$209.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSG
INSG
SEZL
SEZL
Q4 25
$12.0M
$70.6M
Q3 25
$3.2M
$63.7M
Q2 25
$-4.5M
$23.1M
Q1 25
$-3.5M
$52.5M
Q4 24
$-14.2M
$57.4M
Q3 24
$14.8M
$35.1M
Q2 24
$27.6M
$22.2M
Q1 24
$5.2M
$16.0M
Free Cash Flow
INSG
INSG
SEZL
SEZL
Q4 25
$11.6M
$70.6M
Q3 25
$3.1M
$63.6M
Q2 25
$-4.7M
$22.7M
Q1 25
$-3.5M
$52.5M
Q4 24
$-14.3M
$57.4M
Q3 24
$14.8M
$35.1M
Q2 24
$27.6M
$22.2M
Q1 24
$16.0M
FCF Margin
INSG
INSG
SEZL
SEZL
Q4 25
24.0%
90.2%
Q3 25
6.7%
110.6%
Q2 25
-11.6%
43.6%
Q1 25
-11.0%
108.9%
Q4 24
-29.7%
118.5%
Q3 24
27.4%
98.6%
Q2 24
53.5%
73.4%
Q1 24
63.3%
Capex Intensity
INSG
INSG
SEZL
SEZL
Q4 25
0.7%
0.1%
Q3 25
0.2%
0.3%
Q2 25
0.5%
0.8%
Q1 25
0.1%
0.1%
Q4 24
0.1%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.1%
Q1 24
0.0%
0.0%
Cash Conversion
INSG
INSG
SEZL
SEZL
Q4 25
25.50×
1.65×
Q3 25
2.22×
2.39×
Q2 25
-8.81×
0.84×
Q1 25
1.45×
Q4 24
2.26×
Q3 24
1.65×
2.27×
Q2 24
44.31×
0.75×
Q1 24
2.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSG
INSG

Segment breakdown not available.

SEZL
SEZL

Merchant And Partner Income$28.9M37%
Transaction Income$25.9M33%
Income From Other Services Late Payment Fees$20.5M26%
Other$2.9M4%

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