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

INSEEGO CORP. is the larger business by last-quarter revenue ($48.4M vs $35.3M, roughly 1.4× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs 1.0%, a 42.9% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs 0.6%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $11.6M). Over the past eight quarters, UNITY BANCORP 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.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

INSG vs UNTY — Head-to-Head

Bigger by revenue
INSG
INSG
1.4× larger
INSG
$48.4M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+23.5% gap
UNTY
24.2%
0.6%
INSG
Higher net margin
UNTY
UNTY
42.9% more per $
UNTY
43.9%
1.0%
INSG
More free cash flow
UNTY
UNTY
$32.7M more FCF
UNTY
$44.3M
$11.6M
INSG
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
13.6%
INSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSG
INSG
UNTY
UNTY
Revenue
$48.4M
$35.3M
Net Profit
$469.0K
$15.5M
Gross Margin
42.2%
Operating Margin
2.7%
55.8%
Net Margin
1.0%
43.9%
Revenue YoY
0.6%
24.2%
Net Profit YoY
182.9%
34.5%
EPS (diluted)
$-0.02
$1.52

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
UNTY
UNTY
Q4 25
$48.4M
$35.3M
Q3 25
$45.9M
$32.8M
Q2 25
$40.2M
$34.4M
Q1 25
$31.7M
$29.4M
Q4 24
$48.1M
$28.4M
Q3 24
$54.0M
$27.7M
Q2 24
$51.6M
$25.5M
Q1 24
$37.5M
$25.6M
Net Profit
INSG
INSG
UNTY
UNTY
Q4 25
$469.0K
$15.5M
Q3 25
$1.4M
$14.4M
Q2 25
$507.0K
$16.5M
Q1 25
$-1.6M
$11.6M
Q4 24
$-566.0K
$11.5M
Q3 24
$9.0M
$10.9M
Q2 24
$624.0K
$9.5M
Q1 24
$-4.5M
$9.6M
Gross Margin
INSG
INSG
UNTY
UNTY
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%
Operating Margin
INSG
INSG
UNTY
UNTY
Q4 25
2.7%
55.8%
Q3 25
4.7%
57.5%
Q2 25
3.2%
62.6%
Q1 25
-1.3%
52.6%
Q4 24
3.7%
51.0%
Q3 24
1.9%
52.7%
Q2 24
3.6%
49.3%
Q1 24
-7.9%
50.0%
Net Margin
INSG
INSG
UNTY
UNTY
Q4 25
1.0%
43.9%
Q3 25
3.1%
43.8%
Q2 25
1.3%
48.0%
Q1 25
-5.0%
39.5%
Q4 24
-1.2%
40.5%
Q3 24
16.6%
39.4%
Q2 24
1.2%
37.1%
Q1 24
-11.9%
37.5%
EPS (diluted)
INSG
INSG
UNTY
UNTY
Q4 25
$-0.02
$1.52
Q3 25
$0.03
$1.41
Q2 25
$-0.03
$1.61
Q1 25
$-0.16
$1.13
Q4 24
$0.62
$1.13
Q3 24
$-0.06
$1.07
Q2 24
$-0.02
$0.92
Q1 24
$-0.44
$0.94

Balance Sheet & Financial Strength

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

Metric
INSG
INSG
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$24.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-4.0M
$345.6M
Total Assets
$93.8M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSG
INSG
UNTY
UNTY
Q4 25
$24.9M
Q3 25
$14.6M
Q2 25
$13.2M
Q1 25
$35.1M
Q4 24
$39.6M
Q3 24
$12.0M
Q2 24
$49.0M
Q1 24
$12.3M
Total Debt
INSG
INSG
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INSG
INSG
UNTY
UNTY
Q4 25
$-4.0M
$345.6M
Q3 25
$-7.7M
$334.0M
Q2 25
$-10.5M
$319.8M
Q1 25
$-13.0M
$306.1M
Q4 24
$-12.9M
$295.6M
Q3 24
$-85.1M
$284.3M
Q2 24
$-101.8M
$273.4M
Q1 24
$-105.6M
$266.8M
Total Assets
INSG
INSG
UNTY
UNTY
Q4 25
$93.8M
$3.0B
Q3 25
$85.8M
$2.9B
Q2 25
$83.1M
$2.9B
Q1 25
$93.0M
$2.8B
Q4 24
$100.0M
$2.7B
Q3 24
$113.4M
$2.6B
Q2 24
$149.6M
$2.6B
Q1 24
$122.1M
$2.6B
Debt / Equity
INSG
INSG
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
Q3 24
Q2 24
Q1 24

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
UNTY
UNTY
Operating Cash FlowLast quarter
$12.0M
$44.9M
Free Cash FlowOCF − Capex
$11.6M
$44.3M
FCF MarginFCF / Revenue
24.0%
125.7%
Capex IntensityCapex / Revenue
0.7%
1.6%
Cash ConversionOCF / Net Profit
25.50×
2.90×
TTM Free Cash FlowTrailing 4 quarters
$6.5M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSG
INSG
UNTY
UNTY
Q4 25
$12.0M
$44.9M
Q3 25
$3.2M
$45.5M
Q2 25
$-4.5M
$-25.3M
Q1 25
$-3.5M
$17.9M
Q4 24
$-14.2M
$48.0M
Q3 24
$14.8M
$17.7M
Q2 24
$27.6M
$-8.4M
Q1 24
$5.2M
$15.8M
Free Cash Flow
INSG
INSG
UNTY
UNTY
Q4 25
$11.6M
$44.3M
Q3 25
$3.1M
$45.3M
Q2 25
$-4.7M
$-25.5M
Q1 25
$-3.5M
$17.6M
Q4 24
$-14.3M
$47.3M
Q3 24
$14.8M
$17.5M
Q2 24
$27.6M
$-8.6M
Q1 24
$15.7M
FCF Margin
INSG
INSG
UNTY
UNTY
Q4 25
24.0%
125.7%
Q3 25
6.7%
138.1%
Q2 25
-11.6%
-74.2%
Q1 25
-11.0%
59.9%
Q4 24
-29.7%
166.5%
Q3 24
27.4%
63.3%
Q2 24
53.5%
-33.7%
Q1 24
61.4%
Capex Intensity
INSG
INSG
UNTY
UNTY
Q4 25
0.7%
1.6%
Q3 25
0.2%
0.7%
Q2 25
0.5%
0.5%
Q1 25
0.1%
1.0%
Q4 24
0.1%
2.4%
Q3 24
0.0%
0.5%
Q2 24
0.0%
0.5%
Q1 24
0.0%
0.3%
Cash Conversion
INSG
INSG
UNTY
UNTY
Q4 25
25.50×
2.90×
Q3 25
2.22×
3.16×
Q2 25
-8.81×
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.65×
1.62×
Q2 24
44.31×
-0.89×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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