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

INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $47.1M, roughly 1.0× STEM, INC.). INSEEGO CORP. runs the higher net margin — 1.0% vs -33.9%, a 34.9% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% 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.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

INSG vs STEM — Head-to-Head

Bigger by revenue
INSG
INSG
1.0× larger
INSG
$48.4M
$47.1M
STEM
Growing faster (revenue YoY)
INSG
INSG
+16.2% gap
INSG
0.6%
-15.6%
STEM
Higher net margin
INSG
INSG
34.9% more per $
INSG
1.0%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
13.6%
INSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
STEM
STEM
Revenue
$48.4M
$47.1M
Net Profit
$469.0K
$-16.0M
Gross Margin
42.2%
48.9%
Operating Margin
2.7%
-17.7%
Net Margin
1.0%
-33.9%
Revenue YoY
0.6%
-15.6%
Net Profit YoY
182.9%
68.8%
EPS (diluted)
$-0.02
$-4.40

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
STEM
STEM
Q4 25
$48.4M
$47.1M
Q3 25
$45.9M
$38.2M
Q2 25
$40.2M
$38.4M
Q1 25
$31.7M
$32.5M
Q4 24
$48.1M
$55.8M
Q3 24
$54.0M
$29.3M
Q2 24
$51.6M
$34.0M
Q1 24
$37.5M
$25.5M
Net Profit
INSG
INSG
STEM
STEM
Q4 25
$469.0K
$-16.0M
Q3 25
$1.4M
$-23.8M
Q2 25
$507.0K
$202.5M
Q1 25
$-1.6M
$-25.0M
Q4 24
$-566.0K
$-51.1M
Q3 24
$9.0M
$-148.3M
Q2 24
$624.0K
$-582.3M
Q1 24
$-4.5M
$-72.3M
Gross Margin
INSG
INSG
STEM
STEM
Q4 25
42.2%
48.9%
Q3 25
41.6%
35.5%
Q2 25
41.1%
33.4%
Q1 25
47.3%
32.4%
Q4 24
37.3%
-4.4%
Q3 24
34.8%
21.2%
Q2 24
36.4%
27.6%
Q1 24
35.3%
-95.0%
Operating Margin
INSG
INSG
STEM
STEM
Q4 25
2.7%
-17.7%
Q3 25
4.7%
-33.6%
Q2 25
3.2%
-34.8%
Q1 25
-1.3%
-65.0%
Q4 24
3.7%
-84.4%
Q3 24
1.9%
-493.2%
Q2 24
3.6%
-1705.5%
Q1 24
-7.9%
-267.0%
Net Margin
INSG
INSG
STEM
STEM
Q4 25
1.0%
-33.9%
Q3 25
3.1%
-62.2%
Q2 25
1.3%
527.8%
Q1 25
-5.0%
-76.9%
Q4 24
-1.2%
-91.6%
Q3 24
16.6%
-506.3%
Q2 24
1.2%
-1712.6%
Q1 24
-11.9%
-283.9%
EPS (diluted)
INSG
INSG
STEM
STEM
Q4 25
$-0.02
$-4.40
Q3 25
$0.03
$-2.84
Q2 25
$-0.03
$-1.79
Q1 25
$-0.16
$-0.15
Q4 24
$0.62
$-15.29
Q3 24
$-0.06
$-18.24
Q2 24
$-0.02
$-71.81
Q1 24
$-0.44
$-0.46

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$24.9M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$-249.4M
Total Assets
$93.8M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
STEM
STEM
Q4 25
$24.9M
$48.9M
Q3 25
$14.6M
$43.1M
Q2 25
$13.2M
$40.8M
Q1 25
$35.1M
$58.6M
Q4 24
$39.6M
$56.3M
Q3 24
$12.0M
$75.4M
Q2 24
$49.0M
$89.6M
Q1 24
$12.3M
$112.8M
Stockholders' Equity
INSG
INSG
STEM
STEM
Q4 25
$-4.0M
$-249.4M
Q3 25
$-7.7M
$-235.7M
Q2 25
$-10.5M
$-214.1M
Q1 25
$-13.0M
$-417.5M
Q4 24
$-12.9M
$-398.4M
Q3 24
$-85.1M
$-344.1M
Q2 24
$-101.8M
$-203.2M
Q1 24
$-105.6M
$371.6M
Total Assets
INSG
INSG
STEM
STEM
Q4 25
$93.8M
$308.9M
Q3 25
$85.8M
$362.6M
Q2 25
$83.1M
$379.2M
Q1 25
$93.0M
$405.1M
Q4 24
$100.0M
$437.4M
Q3 24
$113.4M
$537.8M
Q2 24
$149.6M
$691.5M
Q1 24
$122.1M
$1.3B

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
STEM
STEM
Operating Cash FlowLast quarter
$12.0M
$8.2M
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
STEM
STEM
Q4 25
$12.0M
$8.2M
Q3 25
$3.2M
$11.4M
Q2 25
$-4.5M
$-21.3M
Q1 25
$-3.5M
$8.5M
Q4 24
$-14.2M
$-14.7M
Q3 24
$14.8M
$-9.4M
Q2 24
$27.6M
$-11.9M
Q1 24
$5.2M
$-621.0K
Free Cash Flow
INSG
INSG
STEM
STEM
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
STEM
STEM
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
STEM
STEM
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
STEM
STEM
Q4 25
25.50×
Q3 25
2.22×
Q2 25
-8.81×
-0.11×
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.

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