Filing Flows › Inseego (INSG) › Q2 2025
Inseego (INSG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Inseego (INSG) reported revenue of $40.2M for the second quarter 2025 (Q2 2025), -22% from a year earlier and +27% from the quarter before. Operating margin was 3.2%, net earnings $507K (1.3% of revenue).
Inseego, Q2 2025: revenue $40.2M (-22% year over year), operating margin 3.2%, net earnings $507K, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $40.2M | +27% | -22% |
| Gross profit | $16.5M | +10% | -12% |
| Operating profit | $1.3M | — | -31% |
| Net earnings | $507K | — | -19% |
| Operating cash flow | −$4.5M | — | — |
What changed
Revenue was $40.2M in Q2 2025, down 22% year over year and up 27% from the previous quarter. Fixed wireless access solutions was the largest line at 36% of revenue. Mobile solutions lost $12.2M year over year (down 47%), 107% of the total change.
Gross margin was 41.1%, up 4.6 points from a year earlier. Operating profit was $1.3M, a 3.2% margin (down 0.4 points year over year). Operating expenses fell 10% while revenue fell 22%. The fastest-growing cost line was General & admin (+20%). Net earnings were $507K, down 19% year over year. The effective tax rate was 4.2%.
Operating cash flow was −$4.5M. Non-cash charges added back $1.8M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $8.4M. Capital expenditures of $188K exceeded it, leaving free cash flow of −$4.7M.
Questions
What was Inseego's revenue in the second quarter 2025?
Inseego (INSG) reported revenue of $40.2M for the second quarter 2025 (Q2 2025), -22% from a year earlier and +27% from the quarter before.
Was Inseego profitable in the second quarter 2025?
Operating profit was $1.3M (3.2% of revenue) and net earnings $507K.
Source: Inseego 10-Q on SEC EDGAR.