For the full year 2025, Inseego reported revenue of $166.2 million , non-GAAP gross margin of 43% , and Adjusted EBITDA of $20.1 million (a 12.1% margin). Gatoff said the full-year gross margin level was the highest, on an apples-to-apples basis, in more than a decade.Non-GAAP operating expenses: $17.0 million, or 35% of revenue, reflecting investments in sales and marketing and R&D to support Tier 1 execution and new product launches.Gatoff said Q4 revenue was driven by higher mobile volumes, increased cha ...

Inseego (NasdaqGS:INSG) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsJuho Sarvikas - CEOSteven Gatoff - CFOConference Call ParticipantsChristian Schwab - AnalystLance Vitanza - AnalystScott Searle - AnalystTyler Burmeister - AnalystOperatorHello, and welcome to Inseego Corp.'s fourth quarter 2025 financial results conference call. Please note that today's event is being recorded. All participants today will be in a listen-only mode. Should you need assistance, please signal a conf ...

Inseego (NasdaqGS:INSG) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsJuho Sarvikas - CEOSteven Gatoff - CFOConference Call ParticipantsChristian Schwab - AnalystLance Vitanza - AnalystScott Searle - AnalystTyler Burmeister - AnalystOperatorHello, and welcome to Inseego Corp.'s fourth quarter 2025 financial results conference call. Please note that today's event is being recorded. All participants today will be in a listen-only mode. Should you need assistance, please signal a conf ...

Inseego (NasdaqGS:INSG) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker3Hello, and welcome to Inseego Corp.'s fourth quarter 2025 financial results conference call. Please note that today's event is being recorded. All participants today will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity for Q&A. To ask a question, please press star, then one on your t ...

Q4 2025 EARNINGS RESULTS Feb 19, 2026 Financial Profile | Strengthened Foundation & Improving Trajectory Overhauled Capital Structure Scalable Operating Model Strong Gross Margin Profile Consistent Adj. EBITDA Profitability Diversified Hardware & SaaS Revenue Mix Driving Sustainable Revenue Growth 2 Q4 2025 Financial Results | Beat Guidance In the Nov 6, 2025 Q3 2025 Earnings call, the Company issued guidance for Q4 2025. On Feb 19, 2026, financial results for Q4 2025 were reported and represent a 'beat' on ...

Q4 2025 revenue of $48.4 million, third consecutive quarter of sequential growthQ4 2025 Adjusted EBITDA* of $6.0 million and 12.4% margin and GAAP Net Income of $0.5 millionEliminated all outstanding Preferred Stock at 38% Discount SAN DIEGO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today reported its results for the fourth quarter and full year ended December 31, 2025. “Q4 was another ...

Core Insights - Inseego Corp. has introduced the FX4210 5G router, which aims to provide a balance between high-performance connectivity and ease of use for enterprise wireless networks [1][3] - The FX4210 is now part of Verizon Business's 5G Business Internet FWA portfolio, targeting various sectors including small and medium-sized businesses, public sector, and first responders [1][2] Product Features - The FX4210 router offers high-speed, reliable 5G connectivity without requiring on-site IT resources, making it suitable for locations such as retail, restaurants, and government offices [2] - Key capabilities include zero-touch setup, enterprise-grade security, and the Inseego Connect software for cloud-based network management, which allows for remote access and device monitoring [4][6] - The device supports Wi-Fi 7 with WPA3 security, allowing up to 256 simultaneous connections, and includes a removable battery backup for enhanced power resilience [6] Availability and Market Position - The Inseego FX4210 and the X700 mesh node are currently available through Verizon Business [5] - Inseego's CEO highlighted the FX4210 as a catalyst for growth in the business FWA market, indicating a strong belief in its potential to drive market expansion [3]

Core Insights - Inseego Corp. has partnered with AT&T Business to introduce the Wavemaker™ FX4200, a new 5G fixed wireless access (FWA) device aimed at enhancing enterprise wireless networks [2][3][7] Group 1: Product Features and Capabilities - The Wavemaker FX4200 is designed to provide high-performance 5G connectivity with a focus on simplicity, fast deployment, and easy management options for business customers [3][4] - Key features include Wi-Fi 7 support for up to 256 connections, live failover between wireless and wired WAN options, integrated battery backup for over 8 hours, and enterprise-grade security compliance [8] - The device supports zero-touch setup, on-device speed tests, and signal optimization, making it easier for businesses to deploy and manage their networks [8] Group 2: Market Position and Strategy - Inseego aims to bridge the gap between complex wireline solutions and simpler FWA options, positioning the FX4200 as a scalable solution for various business environments, including retail, restaurants, and government facilities [4][7] - The collaboration with AT&T enhances the portfolio of 5G-capable FWA devices, complementing AT&T's existing wireline broadband services [7] - Inseego's extensive experience in mobile broadband and 5G innovation supports its commitment to delivering reliable and secure connectivity solutions for businesses [9]

Financial Data and Key Metrics Changes - In Q3 2025, the company generated revenue of $45.9 million and adjusted EBITDA of $5.8 million, both exceeding guidance and marking the second consecutive quarter of sequential growth in these metrics [3][16] - Non-GAAP gross margin was reported at 41.8%, reflecting a favorable product mix and strength in FWA [18] - Adjusted EBITDA margin was 12.5%, the third highest in over a decade [18] Business Line Data and Key Metrics Changes - FWA revenue was the second highest in company history, surpassing mobile hotspot revenue for the third time [16] - FWA shipment volumes increased by over 50% year-over-year, indicating strong enterprise adoption [5] - Mobile revenue is expected to grow sequentially in Q4 2025 due to expanded customer contributions and product launches [17][20] Market Data and Key Metrics Changes - The company secured a new Tier 1 US carrier win during Q3, expanding its reach in both FWA and mobile hotspots [6] - The introduction of the FX40 200 is expected to broaden market opportunities and enhance the company's position in the enterprise segment [8] Company Strategy and Development Direction - The company is focused on scaling its core FWA and mobile solutions while evolving into a solutions company that integrates hardware, network management, and software [3] - The strategy includes expanding the product portfolio, adding new carriers, and deepening engagement with MSOs, MSPs, and VARs [9] - Leadership has been strengthened with the addition of experienced executives to support growth initiatives [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory of FWA, driven by increased carrier deployments and favorable market dynamics [31][43] - The company anticipates continued sequential revenue growth in Q4 2025, despite historical seasonality trends [20][22] - Management highlighted the potential for increased demand for domestic suppliers due to regulatory changes affecting foreign competition [40] Other Important Information - The company has filed a universal shelf to enhance financial flexibility and support growth initiatives [19] - The software services revenue remained stable at approximately $12 million, contributing to high-margin revenue [17] Q&A Session Summary Question: Monetization changes for Subscribe and Connect - Management indicated that Inseego Connect has transitioned to a core part of the enterprise platform, driving usage and value capture [25] Question: Seasonal growth expectations for Q1 - Management acknowledged that Q4 typically has fewer selling days, but they expect to maximize opportunities as they enter 2026 [28] Question: Impact of new carrier contracts on revenue - Management expects significant volume growth from new carrier contracts, particularly in the MiFi market [34] Question: Competitive landscape and market share gains - Management believes they are well-positioned to capitalize on opportunities arising from regulatory changes favoring domestic suppliers [40] Question: Feedback on Inseego Connect API - Positive feedback was received regarding the APIs, which are expected to enhance service revenue attach rates [42]

Q3 2025 Financial Performance - Total revenue for Q3 2025 reached $45.9 million, exceeding the guidance of $40 million - $43 million[6] - Adjusted EBITDA for Q3 2025 was $5.8 million, also surpassing the guidance of $4 million - $5 million[6] - The implied margin was 12.5%, higher than the guided range of 10-12%[6] - Strong FWA revenue reached $17.7 million, representing an 81% year-over-year growth compared to Q3 2024[8] - Software Services & Other Revenue contributed $12.2 million, accounting for 27% of the total revenue[8] - Non-GAAP Gross Margin was 41.8%, a 700 bps increase compared to Q3 2024[8] - The company closed Q3 2025 with a cash position of $14.6 million, a sequential increase of $1.3 million[8] Business Development and Strategy - A new Tier-1 U S carrier customer was secured for both mobile and FWA next-generation products, with FWA shipments expected in late Q4 2025 and mobile shipments in Q1 2026[9] - The company paid off the remaining $15 million on convertible notes on May 1, 2025[27]