Inseego Corp. · NASDAQ:INSG
Inseego — Q2 2026 Earnings Presentation
19 slides from Inseego's earnings presentation, Aug 5, 2026
Slide 1: Q2 2026 Earnings Results
Q2 2026 EARNINGS RESULTS August 5, 2026
Slide 2: Financial Profile | Broader Platform, Stronger Foundation
Financial Profile | Broader Platform, Stronger Foundation Investing in Sustainable Revenue Growth Attractive Hardware & SaaS Revenue Mix Diversified Tier-1 Carrier Customer Base Delivering Annual Profitability Overhauled Capital Structure Scalable Operating Model Acquiring Global FWA Business From N
Slide 3: Q2 2026 Financial Results | Beat Revenue and Met Adj EBITDA Guidance
Q2 2026 Financial Results | Beat Revenue and Met Adj EBITDA Guidance On August 5, 2026, financial results for Q2 2026 were reported with revenue coming-in favorable to the high-end of company guidance (issued on the May 7, 2026 Q1 2026 Earnings Call) and Q2 2026 Adjusted EBITDA was within guidance,
Slide 4: Q2 2026 Financial Results | Selected Key Highlights
Q2 2026 Financial Results | Selected Key Highlights Inseego delivered $44.0m of revenue in Q2 2026, a year-on-year revenue growth of +$3.8m or +9.7% vs. Q2 2025 driven primarily by increased Mobile revenue. Q2 2026 Financial Highlights Include: •1 YoY revenue growth delivered in Mobile solutions, at
Slide 5: Selected Business Highlights
Q2 2026 | Selected Business Highlights ✓Expanded the MiFi PRO M4 across all three major U.S. carrier networks through launches with AT&T, T-Mobile, and Verizon, strengthening Inseego’s mobile broadband position in the business mobility market. ✓Broadened MiFi PRO M4 availability with a new unlocked,
Slide 6: Total Revenue | Diversified Product + SaaS Revenue Profile
Total Revenue | Diversified Product + SaaS Revenue Profile Q2 2026 total revenue grew +9.4% YoY on increased Mobile sales and continued healthy Software Services & Other contribution. ($ millions) 54.0 48.1 48.4 45.9 44.0 12.0 40.2 12.2 12.3 SOFTWARE 12.2 34.3 31.7 12.3 SERVICES & 12.0 OTHER 12.3 12
Slide 7: Product Revenue | Robust Mobile Revenue Growth
Product Revenue | Robust Mobile Revenue Growth Mobile Solutions revenue grew +26.5% YoY and +3.6% sequentially, primarily related to sales to a relatively new carrier partner that was added in Q4 2025; while FWA revenues decreased slightly vs. Q2 2025, they grew +170% sequentially as FWA revenue ret
Slide 8: Compelling Portfolio | High-Value Software Services Contribution
Compelling Portfolio | High-Value Software Services Contribution The Company continues its focus on its solutions portfolio and is delivering a healthy revenue mix from high-profitability Software Services & Other offerings in addition to its Product offerings. 22% SOFTWARE 25% 30% 27% 25% 28% SERVI
Slide 9: Gross Margin | Addressing Memory Costs Impact on Gross Margin
Gross Margin | Addressing Memory Costs Impact on Gross Margin The Company has materially improved gross margins over the past two years through favorable revenue mix, pricing, and operational efficiencies. Gross Margin is heavily dependent on the mix between Product Revenue and Software Services & O
Slide 10: Operating Expense Efficiency | Driving Operations at Scale
Operating Expense Efficiency | Driving Operations at Scale Disciplined cost management continues to be exercised and underpins stable operating spend and has created a platform for economies of scale on an operating expense to revenue ratio basis. As previously communicated, the Company is making in
Slide 11: Profitability | Investing in Product & Delivering Annual Profitability
Profitability | Investing in Product & Delivering Annual Profitability The Company has significantly improved annual profitability since the beginning of 2024 following transformative changes in the business and operations. In the first half of 2026, the Company made significant investments in produ
Slide 12: Material Capital Structure Overhaul | Working Capital Facility Expanded in May 2026
Material Capital Structure Overhaul | Working Capital Facility Expanded in May 2026 The Company has meaningfully improved its capital structure through a series of restructurings, debt reductions and exchanges that have resulted in a material value accruing to common shareholders, highlighted as fol
Slide 13: Company Guidance | Q3 and Full-Year 2026
Company Guidance | Q3 and Full-Year 2026 (ISSUED: AUGUST 5, 2026) On the Company’s Q2 2026 Earnings Call on August 5, 2026, the Company provided the following guidance for Total Revenue and Adjusted EBITDA for Q3 and the full-year 2026: Q3 2026 FULL-YEAR 2026 GUIDANCE GUIDANCE Total Revenue $28.0m –
Slide 14: Investment Highlights | Compelling Trajectory
Investment Highlights | Compelling Trajectory Large and growing TAM across the Mobile Broadband and Fixed Wireless Access markets Improved long-term financial profile driving sustainable revenue growth, consistent profitability and cash flow generation Right-sized capital structure with materially r
Slide 15: Appendix: Non-GAAP Numbers
APPENDIX NON-GAAP NUMBERS Reconciliations to GAAP Financials
Slide 16: Gross Margin & OpEx | Three-Months Ended June 30, 2026
GAAP TO NON-GAAP RECONCILIATION Gross Margin & OpEx | Three-Months Ended June 30, 2026 Share-based Impairment of Non‑recurring compensation Capitalized transaction‑related ($ thousands) GAAP expense Software costs Non-GAAP Revenues $ 43,984 $ - $ - $ - $ 43,984 Cost of revenues 29,138 2
Slide 17: GAAP Income (Loss) From Continuing Operations to Adjusted EBITDA
GAAP TO NON-GAAP RECONCILIATION GAAP Income (Loss) From Continuing Operations to Adjusted EBITDA Three Months Ended June 30, March 31, December 31, September 30, June 30, March 31, ($ thousands) 2026 2026 2025 2025 2025 2025 GAAP Income (loss) from continuing operations $ (8,438) $ (4,536) $ 469 $
Slide 18: Disclaimers
Disclaimers Safe Harbor Statement This presentation contains statements about expected future events, including Inseego’s planned acquisition (the “Proposed Transaction”) of Nokia’s global FWA business (the “FWA Business”), that are forward-looking and subject to risks and uncertainties. For these s
Slide 19: www.inseego.com NASDAQ: INSG
www.inseego.com NASDAQ: INSG