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Side-by-side financial comparison of INSEEGO CORP. (INSG) and Third Coast Bancshares, Inc. (TCBX). Click either name above to swap in a different company.
Third Coast Bancshares, Inc. is the larger business by last-quarter revenue ($57.7M vs $48.4M, roughly 1.2× INSEEGO CORP.). Third Coast Bancshares, Inc. runs the higher net margin — 28.4% vs 1.0%, a 27.4% gap on every dollar of revenue. Over the past eight quarters, Third Coast Bancshares, Inc.'s revenue compounded faster (17.5% 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.
Third Coast Bancshares, Inc. is a regional financial holding company headquartered in the U.S. Gulf Coast region. It provides a full suite of commercial and retail banking services including deposit products, business and consumer loans, mortgage services, and wealth management solutions, serving local small and medium-sized enterprises, individual consumers, and community clients across Texas and surrounding areas.
INSG vs TCBX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $48.4M | $57.7M |
| Net Profit | $469.0K | $16.4M |
| Gross Margin | 42.2% | — |
| Operating Margin | 2.7% | — |
| Net Margin | 1.0% | 28.4% |
| Revenue YoY | 0.6% | — |
| Net Profit YoY | 182.9% | 20.5% |
| EPS (diluted) | $-0.02 | $0.88 |
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.
| Q1 26 | — | $57.7M | ||
| Q4 25 | $48.4M | $56.5M | ||
| Q3 25 | $45.9M | $54.5M | ||
| Q2 25 | $40.2M | $52.0M | ||
| Q1 25 | $31.7M | $45.9M | ||
| Q4 24 | $48.1M | $46.3M | ||
| Q3 24 | $54.0M | $42.9M | ||
| Q2 24 | $51.6M | $41.7M |
| Q1 26 | — | $16.4M | ||
| Q4 25 | $469.0K | $17.9M | ||
| Q3 25 | $1.4M | $18.1M | ||
| Q2 25 | $507.0K | $16.7M | ||
| Q1 25 | $-1.6M | $13.6M | ||
| Q4 24 | $-566.0K | $13.7M | ||
| Q3 24 | $9.0M | $12.8M | ||
| Q2 24 | $624.0K | $10.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 2.7% | 38.1% | ||
| Q3 25 | 4.7% | 41.9% | ||
| Q2 25 | 3.2% | 40.5% | ||
| Q1 25 | -1.3% | 37.8% | ||
| Q4 24 | 3.7% | 38.7% | ||
| Q3 24 | 1.9% | 37.9% | ||
| Q2 24 | 3.6% | 34.1% |
| Q1 26 | — | 28.4% | ||
| Q4 25 | 1.0% | 31.7% | ||
| Q3 25 | 3.1% | 33.1% | ||
| Q2 25 | 1.3% | 32.2% | ||
| Q1 25 | -5.0% | 29.6% | ||
| Q4 24 | -1.2% | 29.7% | ||
| Q3 24 | 16.6% | 29.8% | ||
| Q2 24 | 1.2% | 25.9% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.02 | $1.02 | ||
| Q3 25 | $0.03 | $1.03 | ||
| Q2 25 | $-0.03 | $0.96 | ||
| Q1 25 | $-0.16 | $0.78 | ||
| Q4 24 | $0.62 | $0.80 | ||
| Q3 24 | $-0.06 | $0.74 | ||
| Q2 24 | $-0.02 | $0.63 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-4.0M | $650.5M |
| Total Assets | $93.8M | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $24.9M | $175.2M | ||
| Q3 25 | $14.6M | $116.4M | ||
| Q2 25 | $13.2M | $113.1M | ||
| Q1 25 | $35.1M | $219.0M | ||
| Q4 24 | $39.6M | $371.2M | ||
| Q3 24 | $12.0M | $258.2M | ||
| Q2 24 | $49.0M | $241.8M |
| Q1 26 | — | $650.5M | ||
| Q4 25 | $-4.0M | $531.0M | ||
| Q3 25 | $-7.7M | $513.8M | ||
| Q2 25 | $-10.5M | $496.1M | ||
| Q1 25 | $-13.0M | $479.8M | ||
| Q4 24 | $-12.9M | $460.7M | ||
| Q3 24 | $-85.1M | $450.5M | ||
| Q2 24 | $-101.8M | $435.0M |
| Q1 26 | — | $6.6B | ||
| Q4 25 | $93.8M | $5.3B | ||
| Q3 25 | $85.8M | $5.1B | ||
| Q2 25 | $83.1M | $4.9B | ||
| Q1 25 | $93.0M | $4.9B | ||
| Q4 24 | $100.0M | $4.9B | ||
| Q3 24 | $113.4M | $4.6B | ||
| Q2 24 | $149.6M | $4.5B |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $12.0M | $50.8M | ||
| Q3 25 | $3.2M | $20.7M | ||
| Q2 25 | $-4.5M | $13.9M | ||
| Q1 25 | $-3.5M | $10.5M | ||
| Q4 24 | $-14.2M | $35.1M | ||
| Q3 24 | $14.8M | $22.0M | ||
| Q2 24 | $27.6M | $7.3M |
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | — | ||
| Q3 25 | $3.1M | — | ||
| Q2 25 | $-4.7M | — | ||
| Q1 25 | $-3.5M | — | ||
| Q4 24 | $-14.3M | $33.4M | ||
| Q3 24 | $14.8M | — | ||
| Q2 24 | $27.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 24.0% | — | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | -11.6% | — | ||
| Q1 25 | -11.0% | — | ||
| Q4 24 | -29.7% | 72.1% | ||
| Q3 24 | 27.4% | — | ||
| Q2 24 | 53.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | 3.8% | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 25.50× | 2.84× | ||
| Q3 25 | 2.22× | 1.15× | ||
| Q2 25 | -8.81× | 0.83× | ||
| Q1 25 | — | 0.77× | ||
| Q4 24 | — | 2.56× | ||
| Q3 24 | 1.65× | 1.72× | ||
| Q2 24 | 44.31× | 0.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INSG
Segment breakdown not available.
TCBX
| Net Interest Income | $53.6M | 93% |
| Noninterest Income | $4.0M | 7% |