Inseego Corp (INSG)
NASDAQ:INSG
Want to see INSG full AI Analyst Report?
Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.12Last Year’s EPS
0.08Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive, strategic inflection for Inseego driven by a transformational acquisition that more than doubles revenue and establishes global scale and a strategic partnership with Nokia. Operationally, the company reported modest organic growth (Q1 revenue +8% YoY), healthy margins (48.9%) and EBITDA within guidance, while reiterating a path to $190M organic revenue in 2026. Near-term challenges include FWA customer disruption, an engineering delay impacting a mobile product launch (pushing contribution into late Q2), expected margin pressure from hardware mix as product volumes ramp, and integration/execution risks tied to the Nokia deal. Overall, the highlights — especially the size and structure of the Nokia acquisition, alignment with Nokia, strengthened leadership and clear guidance for sequential revenue growth — outweigh the operational headwinds and near-term profitability compression.Company Guidance
Year-over-Year Revenue Growth
Q1 2026 revenue of $34.3M, up 8% year-over-year, driven by higher FWA volumes and steady software services contribution.
Strong Gross Margin and Adjusted EBITDA
Non-GAAP gross margin of 48.9% in Q1 (approximately +640 basis points sequentially) and adjusted EBITDA of $1.8M (5.1% of revenue), both within company guidance.
Stable, High-Margin Software Services
Software services revenue of $12.3M in Q1 provided a stable, high-margin revenue stream and is expected to remain ~ $12M in Q2.
Mobile Revenue Contribution
Mobile delivered $16.7M of revenue in Q1; company broadened mobile portfolio across value tiers and secured a new low-tier MiFi carrier commitment to expand market share.
Transformational Nokia FWA Acquisition
Agreement to acquire Nokia's FWA business (~$200M revenue run rate) for aggregate consideration of $20M ( $15M in Inseego common stock + $5M warrants). The deal more than doubles Inseego's revenue base and provides immediate global scale, expanded product breadth (consumer, enterprise, mobile, FWA), and a strategic partnership with Nokia across go-to-market, AI and technology.
Acquisition Structure De-Risks Integration and Preserves Balance Sheet
Transaction structured as asset purchase with no cash or debt financing; Nokia will provide transition support (quarterly cash payments to offset negative EBITDA in year one, capped at $38M) and share in positive EBITDA in years two and three (Nokia participation 0–50% tied to revenue performance), aligning incentives and preserving balance sheet flexibility.
Q2 Guidance and Full-Year Trajectory
Q2 2026 revenue guidance of $36.5M–$43.5M (implies ~12% sequential increase from Q1) and adjusted EBITDA guidance of $0.25M–$2M; company reiterates organic path to $190M revenue for full-year 2026 with stronger profitability in back half.
Leadership and Product Team Strengthening
Hired new Chief Product Officer (Koroush Saraf) and added new senior leaders (Head of Engineering and Head of Product) to address execution and scale product/platform capabilities; CEO emphasizes integration of Nokia engineering and best practices.
Balance Sheet and Working Capital
Ended Q1 with cash of $19M (higher-than-anticipated due to a large customer clearing AP balances) and manageable debt of approximately $49M, providing runway during integration and ramp activities.
INSG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INSG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $18.80 | $16.08 | -14.47% |
Feb 19, 2026 | $10.56 | $12.65 | +19.79% |
Nov 06, 2025 | $14.04 | $14.26 | +1.57% |
Aug 07, 2025 | $7.28 | $6.83 | -6.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Inseego Corp (INSG) report earnings?
Inseego Corp (INSG) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Inseego Corp (INSG) earnings time?
Inseego Corp (INSG) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INSG EPS forecast?
INSG EPS forecast for the fiscal quarter 2026 (Q2) is -0.12.