vs
Side-by-side financial comparison of INSEEGO CORP. (INSG) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.
SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $48.4M, roughly 1.9× INSEEGO CORP.). INSEEGO CORP. runs the higher net margin — 1.0% vs -5.9%, a 6.8% gap on every dollar of revenue. On growth, SHENANDOAH TELECOMMUNICATIONS CO posted the faster year-over-year revenue change (7.2% vs 0.6%). INSEEGO CORP. produced more free cash flow last quarter ($11.6M vs $-78.6M). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% 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.
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
INSG vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $91.6M |
| Net Profit | $469.0K | $-5.4M |
| Gross Margin | 42.2% | — |
| Operating Margin | 2.7% | -1.0% |
| Net Margin | 1.0% | -5.9% |
| Revenue YoY | 0.6% | 7.2% |
| Net Profit YoY | 182.9% | -95.8% |
| EPS (diluted) | $-0.02 | $-0.13 |
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 | $91.6M | ||
| Q3 25 | $45.9M | $89.8M | ||
| Q2 25 | $40.2M | $88.6M | ||
| Q1 25 | $31.7M | $87.9M | ||
| Q4 24 | $48.1M | $85.4M | ||
| Q3 24 | $54.0M | $87.6M | ||
| Q2 24 | $51.6M | $85.8M | ||
| Q1 24 | $37.5M | $69.2M |
| Q4 25 | $469.0K | $-5.4M | ||
| Q3 25 | $1.4M | $-9.4M | ||
| Q2 25 | $507.0K | $-9.0M | ||
| Q1 25 | $-1.6M | $-9.1M | ||
| Q4 24 | $-566.0K | $-2.7M | ||
| Q3 24 | $9.0M | $-5.3M | ||
| Q2 24 | $624.0K | $-12.9M | ||
| Q1 24 | $-4.5M | $214.7M |
| 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% | -1.0% | ||
| Q3 25 | 4.7% | -8.0% | ||
| Q2 25 | 3.2% | -10.3% | ||
| Q1 25 | -1.3% | -6.9% | ||
| Q4 24 | 3.7% | -6.7% | ||
| Q3 24 | 1.9% | -4.8% | ||
| Q2 24 | 3.6% | -18.5% | ||
| Q1 24 | -7.9% | -4.0% |
| Q4 25 | 1.0% | -5.9% | ||
| Q3 25 | 3.1% | -10.5% | ||
| Q2 25 | 1.3% | -10.2% | ||
| Q1 25 | -5.0% | -10.4% | ||
| Q4 24 | -1.2% | -3.2% | ||
| Q3 24 | 16.6% | -6.0% | ||
| Q2 24 | 1.2% | -15.0% | ||
| Q1 24 | -11.9% | 310.0% |
| Q4 25 | $-0.02 | $-0.13 | ||
| Q3 25 | $0.03 | $-0.20 | ||
| Q2 25 | $-0.03 | $-0.19 | ||
| Q1 25 | $-0.16 | $-0.19 | ||
| Q4 24 | $0.62 | $-0.34 | ||
| Q3 24 | $-0.06 | $-0.13 | ||
| Q2 24 | $-0.02 | $-0.24 | ||
| Q1 24 | $-0.44 | $4.25 |
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 | $27.3M |
| Total DebtLower is stronger | — | $642.4M |
| Stockholders' EquityBook value | $-4.0M | $880.8M |
| Total Assets | $93.8M | $1.9B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $27.3M | ||
| Q3 25 | $14.6M | $22.6M | ||
| Q2 25 | $13.2M | $29.1M | ||
| Q1 25 | $35.1M | $87.5M | ||
| Q4 24 | $39.6M | $46.3M | ||
| Q3 24 | $12.0M | $43.1M | ||
| Q2 24 | $49.0M | $43.8M | ||
| Q1 24 | $12.3M | $389.7M |
| Q4 25 | — | $642.4M | ||
| Q3 25 | — | $535.4M | ||
| Q2 25 | — | $513.1M | ||
| Q1 25 | — | $515.8M | ||
| Q4 24 | — | $418.0M | ||
| Q3 24 | — | $345.2M | ||
| Q2 24 | — | $297.4M | ||
| Q1 24 | — | $298.7M |
| Q4 25 | $-4.0M | $880.8M | ||
| Q3 25 | $-7.7M | $892.7M | ||
| Q2 25 | $-10.5M | $902.0M | ||
| Q1 25 | $-13.0M | $910.5M | ||
| Q4 24 | $-12.9M | $918.6M | ||
| Q3 24 | $-85.1M | $925.4M | ||
| Q2 24 | $-101.8M | $933.1M | ||
| Q1 24 | $-105.6M | $871.6M |
| Q4 25 | $93.8M | $1.9B | ||
| Q3 25 | $85.8M | $1.9B | ||
| Q2 25 | $83.1M | $1.8B | ||
| Q1 25 | $93.0M | $1.8B | ||
| Q4 24 | $100.0M | $1.7B | ||
| Q3 24 | $113.4M | $1.7B | ||
| Q2 24 | $149.6M | $1.7B | ||
| Q1 24 | $122.1M | $1.4B |
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | — | 0.34× |
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 | $28.8M |
| Free Cash FlowOCF − Capex | $11.6M | $-78.6M |
| FCF MarginFCF / Revenue | 24.0% | -85.8% |
| Capex IntensityCapex / Revenue | 0.7% | 117.2% |
| Cash ConversionOCF / Net Profit | 25.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $6.5M | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.0M | $28.8M | ||
| Q3 25 | $3.2M | $30.7M | ||
| Q2 25 | $-4.5M | $20.9M | ||
| Q1 25 | $-3.5M | $20.5M | ||
| Q4 24 | $-14.2M | $20.6M | ||
| Q3 24 | $14.8M | $24.3M | ||
| Q2 24 | $27.6M | $2.5M | ||
| Q1 24 | $5.2M | $15.2M |
| Q4 25 | $11.6M | $-78.6M | ||
| Q3 25 | $3.1M | $-51.4M | ||
| Q2 25 | $-4.7M | $-65.3M | ||
| Q1 25 | $-3.5M | $-62.7M | ||
| Q4 24 | $-14.3M | $-72.0M | ||
| Q3 24 | $14.8M | $-51.3M | ||
| Q2 24 | $27.6M | $-78.3M | ||
| Q1 24 | — | $-54.9M |
| Q4 25 | 24.0% | -85.8% | ||
| Q3 25 | 6.7% | -57.2% | ||
| Q2 25 | -11.6% | -73.7% | ||
| Q1 25 | -11.0% | -71.3% | ||
| Q4 24 | -29.7% | -84.3% | ||
| Q3 24 | 27.4% | -58.5% | ||
| Q2 24 | 53.5% | -91.3% | ||
| Q1 24 | — | -79.3% |
| Q4 25 | 0.7% | 117.2% | ||
| Q3 25 | 0.2% | 91.4% | ||
| Q2 25 | 0.5% | 97.3% | ||
| Q1 25 | 0.1% | 94.7% | ||
| Q4 24 | 0.1% | 108.4% | ||
| Q3 24 | 0.0% | 86.2% | ||
| Q2 24 | 0.0% | 94.2% | ||
| Q1 24 | 0.0% | 101.2% |
| 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 | — | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INSG
Segment breakdown not available.
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
