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

INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $25.1M, roughly 1.9× Snail, Inc.). INSEEGO CORP. runs the higher net margin — 1.0% vs -3.4%, a 4.4% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -4.2%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% 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.

Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....

INSG vs SNAL — Head-to-Head

Bigger by revenue
INSG
INSG
1.9× larger
INSG
$48.4M
$25.1M
SNAL
Growing faster (revenue YoY)
INSG
INSG
+4.9% gap
INSG
0.6%
-4.2%
SNAL
Higher net margin
INSG
INSG
4.4% more per $
INSG
1.0%
-3.4%
SNAL
Faster 2-yr revenue CAGR
SNAL
SNAL
Annualised
SNAL
33.4%
13.6%
INSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
SNAL
SNAL
Revenue
$48.4M
$25.1M
Net Profit
$469.0K
$-862.2K
Gross Margin
42.2%
38.3%
Operating Margin
2.7%
-6.0%
Net Margin
1.0%
-3.4%
Revenue YoY
0.6%
-4.2%
Net Profit YoY
182.9%
-177.0%
EPS (diluted)
$-0.02

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
SNAL
SNAL
Q4 25
$48.4M
$25.1M
Q3 25
$45.9M
$13.8M
Q2 25
$40.2M
$22.2M
Q1 25
$31.7M
$20.1M
Q4 24
$48.1M
$26.2M
Q3 24
$54.0M
$22.5M
Q2 24
$51.6M
$21.6M
Q1 24
$37.5M
$14.1M
Net Profit
INSG
INSG
SNAL
SNAL
Q4 25
$469.0K
$-862.2K
Q3 25
$1.4M
$-7.9M
Q2 25
$507.0K
$-16.6M
Q1 25
$-1.6M
$-1.9M
Q4 24
$-566.0K
$1.1M
Q3 24
$9.0M
$235.1K
Q2 24
$624.0K
$2.3M
Q1 24
$-4.5M
$-1.8M
Gross Margin
INSG
INSG
SNAL
SNAL
Q4 25
42.2%
38.3%
Q3 25
41.6%
0.1%
Q2 25
41.1%
31.3%
Q1 25
47.3%
29.1%
Q4 24
37.3%
43.3%
Q3 24
34.8%
38.6%
Q2 24
36.4%
37.5%
Q1 24
35.3%
14.7%
Operating Margin
INSG
INSG
SNAL
SNAL
Q4 25
2.7%
-6.0%
Q3 25
4.7%
-71.3%
Q2 25
3.2%
-8.2%
Q1 25
-1.3%
-20.4%
Q4 24
3.7%
11.5%
Q3 24
1.9%
1.8%
Q2 24
3.6%
12.4%
Q1 24
-7.9%
-15.6%
Net Margin
INSG
INSG
SNAL
SNAL
Q4 25
1.0%
-3.4%
Q3 25
3.1%
-56.9%
Q2 25
1.3%
-74.7%
Q1 25
-5.0%
-9.7%
Q4 24
-1.2%
4.3%
Q3 24
16.6%
1.0%
Q2 24
1.2%
10.4%
Q1 24
-11.9%
-12.6%
EPS (diluted)
INSG
INSG
SNAL
SNAL
Q4 25
$-0.02
Q3 25
$0.03
Q2 25
$-0.03
$-0.44
Q1 25
$-0.16
$-0.06
Q4 24
$0.62
$0.03
Q3 24
$-0.06
$0.01
Q2 24
$-0.02
$0.06
Q1 24
$-0.44
$-0.05

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
SNAL
SNAL
Cash + ST InvestmentsLiquidity on hand
$24.9M
$8.6M
Total DebtLower is stronger
$14.6M
Stockholders' EquityBook value
$-4.0M
$-16.4M
Total Assets
$93.8M
$59.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
SNAL
SNAL
Q4 25
$24.9M
$8.6M
Q3 25
$14.6M
$12.3M
Q2 25
$13.2M
$7.9M
Q1 25
$35.1M
$9.4M
Q4 24
$39.6M
$7.3M
Q3 24
$12.0M
$10.6M
Q2 24
$49.0M
$15.5M
Q1 24
$12.3M
$16.1M
Total Debt
INSG
INSG
SNAL
SNAL
Q4 25
$14.6M
Q3 25
$10.5M
Q2 25
$11.8M
Q1 25
$9.0M
Q4 24
$5.7M
Q3 24
$5.7M
Q2 24
$5.8M
Q1 24
$6.5M
Stockholders' Equity
INSG
INSG
SNAL
SNAL
Q4 25
$-4.0M
$-16.4M
Q3 25
$-7.7M
$-15.6M
Q2 25
$-10.5M
$-8.0M
Q1 25
$-13.0M
$9.1M
Q4 24
$-12.9M
$9.7M
Q3 24
$-85.1M
$8.2M
Q2 24
$-101.8M
$7.9M
Q1 24
$-105.6M
$5.6M
Total Assets
INSG
INSG
SNAL
SNAL
Q4 25
$93.8M
$59.3M
Q3 25
$85.8M
$51.1M
Q2 25
$83.1M
$58.0M
Q1 25
$93.0M
$64.5M
Q4 24
$100.0M
$62.2M
Q3 24
$113.4M
$66.8M
Q2 24
$149.6M
$75.4M
Q1 24
$122.1M
$78.3M
Debt / Equity
INSG
INSG
SNAL
SNAL
Q4 25
Q3 25
Q2 25
Q1 25
0.99×
Q4 24
0.59×
Q3 24
0.70×
Q2 24
0.73×
Q1 24
1.16×

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
SNAL
SNAL
Operating Cash FlowLast quarter
$12.0M
$-5.3M
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
SNAL
SNAL
Q4 25
$12.0M
$-5.3M
Q3 25
$3.2M
$6.6M
Q2 25
$-4.5M
$-3.2M
Q1 25
$-3.5M
$764.5K
Q4 24
$-14.2M
$-3.6M
Q3 24
$14.8M
$-5.0M
Q2 24
$27.6M
$206.6K
Q1 24
$5.2M
$6.8M
Free Cash Flow
INSG
INSG
SNAL
SNAL
Q4 25
$11.6M
Q3 25
$3.1M
Q2 25
$-4.7M
Q1 25
$-3.5M
Q4 24
$-14.3M
Q3 24
$14.8M
Q2 24
$27.6M
Q1 24
FCF Margin
INSG
INSG
SNAL
SNAL
Q4 25
24.0%
Q3 25
6.7%
Q2 25
-11.6%
Q1 25
-11.0%
Q4 24
-29.7%
Q3 24
27.4%
Q2 24
53.5%
Q1 24
Capex Intensity
INSG
INSG
SNAL
SNAL
Q4 25
0.7%
Q3 25
0.2%
Q2 25
0.5%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
INSG
INSG
SNAL
SNAL
Q4 25
25.50×
Q3 25
2.22×
Q2 25
-8.81×
Q1 25
Q4 24
-3.21×
Q3 24
1.65×
-21.05×
Q2 24
44.31×
0.09×
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.

SNAL
SNAL

Pc$14.7M59%
Platform Three$5.2M21%
Platform Two$3.3M13%
Sales Channel Directly To Consumer Mobile Sale$1.6M6%

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