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INSG (Inseego) Net Margin % : 16.60% (As of Sep. 2024)


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What is Inseego Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Inseego's Net Income for the three months ended in Sep. 2024 was $9.0 Mil. Inseego's Revenue for the three months ended in Sep. 2024 was $54.0 Mil. Therefore, Inseego's net margin for the quarter that ended in Sep. 2024 was 16.60%.

The historical rank and industry rank for Inseego's Net Margin % or its related term are showing as below:

INSG' s Net Margin % Range Over the Past 10 Years
Min: -35.44   Med: -22.39   Max: -3.98
Current: -4.14


INSG's Net Margin % is ranked worse than
72.64% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs INSG: -4.14

Inseego Net Margin % Historical Data

The historical data trend for Inseego's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inseego Net Margin % Chart

Inseego Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.28 -35.44 -18.34 -27.71 -23.60

Inseego Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -52.72 -22.29 -9.90 1.05 16.60

Competitive Comparison of Inseego's Net Margin %

For the Communication Equipment subindustry, Inseego's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inseego's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inseego's Net Margin % distribution charts can be found below:

* The bar in red indicates where Inseego's Net Margin % falls into.



Inseego Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Inseego's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-46.185/195.688
=-23.60 %

Inseego's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=8.969/54.032
=16.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Inseego  (NAS:INSG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Inseego Net Margin % Related Terms

Thank you for viewing the detailed overview of Inseego's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inseego Business Description

Traded in Other Exchanges
Address
9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121
Inseego Corp is into the design and development of fixed and mobile wireless solutions (4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. Its products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware. It generates maximum revenue from United States and Canada. The company also has a presence in Australia and Europe (including United Kingdom).
Executives
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Tavistock Financial, Llc 10 percent owner 9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis 10 percent owner PO BOX N7776, LYFORD BAHAMAS
Steven Gatoff officer: Chief Financial Officer C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma officer: President IoT & Mobile 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri officer: Chief Financial Officer 380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn officer: EVP of Operations 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding officer: VP Accounting, Controller 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster officer: Chief Financial Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd. 10 percent owner CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller director, 10 percent owner 115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith officer: Chief Financial Officer