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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
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% | 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
SEZL
| Merchant And Partner Income | $28.9M | 37% |
| Transaction Income | $25.9M | 33% |
| Income From Other Services Late Payment Fees | $20.5M | 26% |
| Other | $2.9M | 4% |