Inseego Reports Q1 Revenue of $34.34M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2026
0mins
Should l Buy INSG?
Reports Q1 revenue $34.34M, consensus $34.53M. "We delivered results within guidance in Q1 and continued to execute on our strategy to further diversify our customers and product portfolio," said Juho Sarvikas, CEO of Inseego. "As we have communicated previously, we are focused on investment in the first half of 2026, in particular for carrier ramps, product launches, and portfolio expansion. We continued to execute against this strategy in Q1, which will drive revenue and profitability expansion in the second half of the year. While our focus continues to be on organic growth and execution, I am very excited about our acquisition of Nokia's FWA business, which will be a transformational acquisition for us, provides immediate global scale, and accelerates our strategy in a very significant way."
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Analyst Views on INSG
Wall Street analysts forecast INSG stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 14.080
Low
14.00
Averages
16.60
High
20.00
Current: 14.080
Low
14.00
Averages
16.60
High
20.00
About INSG
Inseego Corp. is engaged in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions. Its 5G WAN portfolio comprises secure and high-performance mobile broadband and fixed wireless access (FWA) solutions with associated cloud solutions for real time WAN visibility, monitoring, automation and control with centralized orchestration of network functions. These devices are specifically built for the carrier, enterprise and small and medium business market segments. It also provides a wireless subscriber management SaaS solution for carrier’s management of their government and complex enterprise customer subscriptions. Its 4G and 5G devices connect end users with high-performance broadband for both mobile and fixed wireless use cases. Its 5G products and associated cloud solutions are used in applications, such as broadband for both mobile and fixed use cases, enterprise networking and software-defined wide area network failover management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Inseego Shares Plunge 20.5% After Q1 Revenue Miss and Weak Guidance
- Disappointing Earnings Report: Inseego reported a Q1 non-GAAP EPS of -$0.06, beating the consensus estimate of -$0.15, but revenue rose only 8% year-over-year to $34.3 million, slightly missing the $34.5 million target, resulting in a 20.5% stock plunge.
- Adjusted EBITDA and Net Loss: The quarter's adjusted EBITDA was $1.8 million, while GAAP net loss widened to $4.5 million from $1.6 million a year earlier, indicating pressure on the company's profitability.
- Weak Forward Guidance: Inseego guided Q2 revenue between $36.5 million and $43.5 million, significantly below the analyst consensus of $45.9 million, with projected adjusted EBITDA of only $250,000 to $2 million, reflecting uncertainty in future growth.
- Acquisition Plan for Growth: Inseego recently signed a deal to acquire Nokia's Fixed Wireless Access business, expected to close in Q4 2026, which could double the company's revenue upon completion, with the CEO stating this move will significantly accelerate their global expansion strategy.
See More
European Markets Open Higher Amid Trade Tensions
- Market Opening Performance: European markets opened the new trading week slightly higher, with the pan-European Stoxx 600 index up 0.1%, indicating investors' ongoing attention to developments in the Middle East and potential transatlantic trade tensions.
- Sector Performance Divergence: The telecom sector led gains with a 1.2% increase, while automakers fell 1.6% due to President Trump's plan to raise tariffs, highlighting significant disparities across industries.
- Nokia's Stock Surge: Nokia's shares jumped 7% in early trading, bringing its year-to-date gains to over 100%, following Inseego's announcement to acquire its fixed wireless access business, reflecting positive market sentiment towards the deal.
- Oil Prices Decline: Brent crude prices edged down 0.8% to $107.38 per barrel, while West Texas Intermediate fell 0.84% to $101.10, indicating market concerns over global supply chain risks.
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Inseego Acquires Nokia's Fixed Wireless Access Business
- Acquisition Overview: Inseego has announced the acquisition of Nokia's Fixed Wireless Access business, which is expected to double the company's revenue and significantly expand its addressable market, creating a global wireless broadband platform and enhancing relationships with Tier-1 carriers.
- Strategic Partnership: This acquisition not only expands Inseego's footprint in the fixed wireless access market but also establishes a strategic partnership with Nokia focused on technology innovation and go-to-market collaboration, particularly in the realms of 6G and AI.
- Financial Impact: By leveraging Nokia's technology and market resources, Inseego aims to enhance its competitiveness in both enterprise and consumer connectivity sectors, driving long-term value creation and market share growth.
- Investor Communication: Inseego will hold a conference call on April 30, 2026, to discuss the strategic rationale behind the acquisition and its potential impact on the company, with investors able to access related information and replays through the company's website.
See More
Inseego Acquires Nokia's Fixed Wireless Access Business to Double Revenue
- Revenue Doubling Expectation: Inseego's acquisition of Nokia's Fixed Wireless Access (FWA) business is expected to approximately double its revenue, further solidifying its leadership position in the global wireless broadband market and enhancing its competitiveness in fixed wireless and mobile connectivity.
- Strategic Collaboration Opportunities: The two companies plan to collaborate on joint go-to-market and innovation initiatives in 6G and wireless edge, aiming to capture opportunities presented by AI and further advance the FWA business, thereby increasing market share.
- Equity Structure Change: Nokia will acquire approximately an 11% equity stake in Inseego upon transaction closure, valued at around $30 million, a move that not only simplifies Nokia's operational model but also allows it to focus on supporting AI-driven network transformations.
- Customer Continuity Assurance: The transaction will ensure continuity of customer service, with Inseego and Nokia working closely together to guarantee seamless transitions in service, support, and management, thereby enhancing customer trust and satisfaction.
See More
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Stock Recommendations: Market Beat has identified five defense stocks that analysts recommend buying now, suggesting they are poised for significant upside as the broader market catches on.
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Inseego Launches MiFi PRO M4 Enterprise Mobile Router with 5G and Wi-Fi 7
- Performance Enhancement: The Inseego MiFi PRO M4 supports up to 50 connected devices, significantly increasing enterprise mobile network capacity to meet high-density deployment needs, thereby enhancing competitiveness in a rapidly changing market.
- Security Improvements: The device incorporates WPA3 and FIPS 140-3 security standards, providing the necessary network security for modern enterprises, ensuring data transmission safety and privacy protection, which reduces potential security risks.
- Cloud-Integrated Management: MiFi PRO M4 seamlessly integrates with Inseego Connect, enabling zero-touch deployment and centralized policy enforcement, improving operational efficiency and reducing support costs, allowing enterprises to better manage distributed networks.
- Market Strategic Expansion: This product marks Inseego's further expansion in the enterprise wireless edge solutions sector, with shipments expected to begin in Q1 2026 through selected carriers and channel partners, reinforcing the company's leadership position in the 5G market.
See More
Inseego Shares Plunge 20.5% After Q1 Revenue Miss and Weak Guidance
- Disappointing Earnings Report: Inseego reported a Q1 non-GAAP EPS of -$0.06, beating the consensus estimate of -$0.15, but revenue rose only 8% year-over-year to $34.3 million, slightly missing the $34.5 million target, resulting in a 20.5% stock plunge.
- Adjusted EBITDA and Net Loss: The quarter's adjusted EBITDA was $1.8 million, while GAAP net loss widened to $4.5 million from $1.6 million a year earlier, indicating pressure on the company's profitability.
- Weak Forward Guidance: Inseego guided Q2 revenue between $36.5 million and $43.5 million, significantly below the analyst consensus of $45.9 million, with projected adjusted EBITDA of only $250,000 to $2 million, reflecting uncertainty in future growth.
- Acquisition Plan for Growth: Inseego recently signed a deal to acquire Nokia's Fixed Wireless Access business, expected to close in Q4 2026, which could double the company's revenue upon completion, with the CEO stating this move will significantly accelerate their global expansion strategy.
See More
European Markets Open Higher Amid Trade Tensions
- Market Opening Performance: European markets opened the new trading week slightly higher, with the pan-European Stoxx 600 index up 0.1%, indicating investors' ongoing attention to developments in the Middle East and potential transatlantic trade tensions.
- Sector Performance Divergence: The telecom sector led gains with a 1.2% increase, while automakers fell 1.6% due to President Trump's plan to raise tariffs, highlighting significant disparities across industries.
- Nokia's Stock Surge: Nokia's shares jumped 7% in early trading, bringing its year-to-date gains to over 100%, following Inseego's announcement to acquire its fixed wireless access business, reflecting positive market sentiment towards the deal.
- Oil Prices Decline: Brent crude prices edged down 0.8% to $107.38 per barrel, while West Texas Intermediate fell 0.84% to $101.10, indicating market concerns over global supply chain risks.
See More
Inseego Acquires Nokia's Fixed Wireless Access Business
- Acquisition Overview: Inseego has announced the acquisition of Nokia's Fixed Wireless Access business, which is expected to double the company's revenue and significantly expand its addressable market, creating a global wireless broadband platform and enhancing relationships with Tier-1 carriers.
- Strategic Partnership: This acquisition not only expands Inseego's footprint in the fixed wireless access market but also establishes a strategic partnership with Nokia focused on technology innovation and go-to-market collaboration, particularly in the realms of 6G and AI.
- Financial Impact: By leveraging Nokia's technology and market resources, Inseego aims to enhance its competitiveness in both enterprise and consumer connectivity sectors, driving long-term value creation and market share growth.
- Investor Communication: Inseego will hold a conference call on April 30, 2026, to discuss the strategic rationale behind the acquisition and its potential impact on the company, with investors able to access related information and replays through the company's website.
See More
Inseego Acquires Nokia's Fixed Wireless Access Business to Double Revenue
- Revenue Doubling Expectation: Inseego's acquisition of Nokia's Fixed Wireless Access (FWA) business is expected to approximately double its revenue, further solidifying its leadership position in the global wireless broadband market and enhancing its competitiveness in fixed wireless and mobile connectivity.
- Strategic Collaboration Opportunities: The two companies plan to collaborate on joint go-to-market and innovation initiatives in 6G and wireless edge, aiming to capture opportunities presented by AI and further advance the FWA business, thereby increasing market share.
- Equity Structure Change: Nokia will acquire approximately an 11% equity stake in Inseego upon transaction closure, valued at around $30 million, a move that not only simplifies Nokia's operational model but also allows it to focus on supporting AI-driven network transformations.
- Customer Continuity Assurance: The transaction will ensure continuity of customer service, with Inseego and Nokia working closely together to guarantee seamless transitions in service, support, and management, thereby enhancing customer trust and satisfaction.
See More
Three Defense Stocks Priced Under $20 with Significant Growth Potential
Investment Opportunities: There are still opportunities to invest in small-cap defense stocks trading for less than $20, with companies like Red Cat Holdings and Amprius Technologies showing potential for growth.
Company Performance: Unusual Machines reported its first profitable quarter in Q3 2025, with significant revenue growth and a target of reaching $30 million in annual revenue.
Market Analysis: Analysts are optimistic about several defense stocks, including SES AI Corp, which is noted for its high-risk, high-reward potential, and is involved in developing advanced battery technologies for various applications.
Stock Recommendations: Market Beat has identified five defense stocks that analysts recommend buying now, suggesting they are poised for significant upside as the broader market catches on.
See More
Inseego Launches MiFi PRO M4 Enterprise Mobile Router with 5G and Wi-Fi 7
- Performance Enhancement: The Inseego MiFi PRO M4 supports up to 50 connected devices, significantly increasing enterprise mobile network capacity to meet high-density deployment needs, thereby enhancing competitiveness in a rapidly changing market.
- Security Improvements: The device incorporates WPA3 and FIPS 140-3 security standards, providing the necessary network security for modern enterprises, ensuring data transmission safety and privacy protection, which reduces potential security risks.
- Cloud-Integrated Management: MiFi PRO M4 seamlessly integrates with Inseego Connect, enabling zero-touch deployment and centralized policy enforcement, improving operational efficiency and reducing support costs, allowing enterprises to better manage distributed networks.
- Market Strategic Expansion: This product marks Inseego's further expansion in the enterprise wireless edge solutions sector, with shipments expected to begin in Q1 2026 through selected carriers and channel partners, reinforcing the company's leadership position in the 5G market.
See More
