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INSEEGO CORP.（INSG）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是INSEEGO CORP.的1.6倍（$78.6M vs $48.4M），INSEEGO CORP.净利率更高（1.0% vs -178.3%，领先179.3%），INSEEGO CORP.同比增速更快（0.6% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $11.6M），过去两年INSEEGO CORP.的营收复合增速更高（13.6% vs -1.3%）
Inseego Corp是全球领先的5G及物联网解决方案提供商，主打移动热点、边缘计算设备及云端设备管理平台产品，客户覆盖全球范围内的电信运营商、企业及公共部门。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
INSG vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.6倍
$48.4M
营收增速更快
INSG
高出0.2%
0.4%
净利率更高
INSG
高出179.3%
-178.3%
自由现金流更多
RPAY
多$11.6M
$11.6M
两年增速更快
INSG
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $48.4M | $78.6M |
| 净利润 | $469.0K | $-140.1M |
| 毛利率 | 42.2% | 74.2% |
| 营业利润率 | 2.7% | -182.2% |
| 净利率 | 1.0% | -178.3% |
| 营收同比 | 0.6% | 0.4% |
| 净利润同比 | 182.9% | -3304.1% |
| 每股收益（稀释后） | $-0.02 | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收INSGRPAY
| Q4 25 | $48.4M | $78.6M | ||
| Q3 25 | $45.9M | $77.7M | ||
| Q2 25 | $40.2M | $75.6M | ||
| Q1 25 | $31.7M | $77.3M | ||
| Q4 24 | $48.1M | $78.3M | ||
| Q3 24 | $54.0M | $79.1M | ||
| Q2 24 | $51.6M | $74.9M | ||
| Q1 24 | $37.5M | $80.7M |
净利润INSGRPAY
| Q4 25 | $469.0K | $-140.1M | ||
| Q3 25 | $1.4M | $-6.4M | ||
| Q2 25 | $507.0K | $-102.3M | ||
| Q1 25 | $-1.6M | $-7.9M | ||
| Q4 24 | $-566.0K | $-4.1M | ||
| Q3 24 | $9.0M | $3.2M | ||
| Q2 24 | $624.0K | $-4.1M | ||
| Q1 24 | $-4.5M | $-5.2M |
毛利率INSGRPAY
| Q4 25 | 42.2% | 74.2% | ||
| Q3 25 | 41.6% | 74.4% | ||
| Q2 25 | 41.1% | 75.7% | ||
| Q1 25 | 47.3% | 75.9% | ||
| Q4 24 | 37.3% | 76.3% | ||
| Q3 24 | 34.8% | 77.8% | ||
| Q2 24 | 36.4% | 78.2% | ||
| Q1 24 | 35.3% | 76.2% |
营业利润率INSGRPAY
| Q4 25 | 2.7% | -182.2% | ||
| Q3 25 | 4.7% | -3.9% | ||
| Q2 25 | 3.2% | -138.7% | ||
| Q1 25 | -1.3% | -4.7% | ||
| Q4 24 | 3.7% | -1.5% | ||
| Q3 24 | 1.9% | -0.9% | ||
| Q2 24 | 3.6% | -4.6% | ||
| Q1 24 | -7.9% | -3.1% |
净利率INSGRPAY
| Q4 25 | 1.0% | -178.3% | ||
| Q3 25 | 3.1% | -8.3% | ||
| Q2 25 | 1.3% | -135.2% | ||
| Q1 25 | -5.0% | -10.3% | ||
| Q4 24 | -1.2% | -5.3% | ||
| Q3 24 | 16.6% | 4.1% | ||
| Q2 24 | 1.2% | -5.4% | ||
| Q1 24 | -11.9% | -6.5% |
每股收益（稀释后）INSGRPAY
| Q4 25 | $-0.02 | $-1.68 | ||
| Q3 25 | $0.03 | $-0.08 | ||
| Q2 25 | $-0.03 | $-1.15 | ||
| Q1 25 | $-0.16 | $-0.09 | ||
| Q4 24 | $0.62 | $-0.04 | ||
| Q3 24 | $-0.06 | $0.03 | ||
| Q2 24 | $-0.02 | $-0.04 | ||
| Q1 24 | $-0.44 | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $24.9M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $-4.0M | $484.4M |
| 总资产 | $93.8M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资INSGRPAY
| Q4 25 | $24.9M | $115.7M | ||
| Q3 25 | $14.6M | $95.7M | ||
| Q2 25 | $13.2M | $162.6M | ||
| Q1 25 | $35.1M | $165.5M | ||
| Q4 24 | $39.6M | $189.5M | ||
| Q3 24 | $12.0M | $168.7M | ||
| Q2 24 | $49.0M | $147.1M | ||
| Q1 24 | $12.3M | $128.3M |
总债务INSGRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益INSGRPAY
| Q4 25 | $-4.0M | $484.4M | ||
| Q3 25 | $-7.7M | $616.9M | ||
| Q2 25 | $-10.5M | $633.7M | ||
| Q1 25 | $-13.0M | $755.7M | ||
| Q4 24 | $-12.9M | $761.3M | ||
| Q3 24 | $-85.1M | $754.7M | ||
| Q2 24 | $-101.8M | $815.4M | ||
| Q1 24 | $-105.6M | $813.8M |
总资产INSGRPAY
| Q4 25 | $93.8M | $1.2B | ||
| Q3 25 | $85.8M | $1.3B | ||
| Q2 25 | $83.1M | $1.4B | ||
| Q1 25 | $93.0M | $1.5B | ||
| Q4 24 | $100.0M | $1.6B | ||
| Q3 24 | $113.4M | $1.6B | ||
| Q2 24 | $149.6M | $1.5B | ||
| Q1 24 | $122.1M | $1.5B |
负债/权益比INSGRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $12.0M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $23.2M |
| 自由现金流率自由现金流/营收 | 24.0% | 29.6% |
| 资本支出强度资本支出/营收 | 0.7% | 0.1% |
| 现金转化率经营现金流/净利润 | 25.50× | — |
| 过去12个月自由现金流最近4个季度 | $6.5M | $90.7M |
8季度趋势，按日历期对齐
经营现金流INSGRPAY
| Q4 25 | $12.0M | $23.3M | ||
| Q3 25 | $3.2M | $32.2M | ||
| Q2 25 | $-4.5M | $33.1M | ||
| Q1 25 | $-3.5M | $2.5M | ||
| Q4 24 | $-14.2M | $34.3M | ||
| Q3 24 | $14.8M | $60.1M | ||
| Q2 24 | $27.6M | $31.0M | ||
| Q1 24 | $5.2M | $24.8M |
自由现金流INSGRPAY
| Q4 25 | $11.6M | $23.2M | ||
| Q3 25 | $3.1M | $32.1M | ||
| Q2 25 | $-4.7M | $33.0M | ||
| Q1 25 | $-3.5M | $2.4M | ||
| Q4 24 | $-14.3M | $34.0M | ||
| Q3 24 | $14.8M | $59.8M | ||
| Q2 24 | $27.6M | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率INSGRPAY
| Q4 25 | 24.0% | 29.6% | ||
| Q3 25 | 6.7% | 41.3% | ||
| Q2 25 | -11.6% | 43.6% | ||
| Q1 25 | -11.0% | 3.0% | ||
| Q4 24 | -29.7% | 43.5% | ||
| Q3 24 | 27.4% | 75.6% | ||
| Q2 24 | 53.5% | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度INSGRPAY
| Q4 25 | 0.7% | 0.1% | ||
| Q3 25 | 0.2% | 0.2% | ||
| Q2 25 | 0.5% | 0.1% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.1% | 0.3% | ||
| Q3 24 | 0.0% | 0.3% | ||
| Q2 24 | 0.0% | 0.6% | ||
| Q1 24 | 0.0% | 0.1% |
现金转化率INSGRPAY
| Q4 25 | 25.50× | — | ||
| Q3 25 | 2.22× | — | ||
| Q2 25 | -8.81× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.65× | 18.52× | ||
| Q2 24 | 44.31× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
INSG
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
