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Inseego vs Napco Security Technologies: revenue, profit, margins and growth compared

Inseego brought in $166.2M of revenue in fiscal 2025, Napco Security Technologies $202.3M in fiscal 2026. Revenue changed by -13.1% at Inseego and +11.4% at Napco Security Technologies on the year before, so Napco Security Technologies grew faster. Inseego kept 0.5% of its revenue as net profit, Napco Security Technologies 21.3%. Free cash flow was $6.5M at Inseego and $59.2M at Napco Security Technologies.

Side by side, latest fiscal year

INSGNSSC
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 30, 2026)
Revenue$166.2M$202.3M
Revenue growth-13.1%+11.4%
Net income$838K$43M
Net margin0.5%21.3%
Free cash flow$6.5M$59.2M
Free cash flow margin3.9%29.3%
Earnings per share (diluted)-$0.18$1.20
Cash$24.9M$126.9M
Debtn/an/a
Price to earningsn/a29.7
Market value$61.7M$1.3B
Dividend yieldn/a1.63%
Rank by revenue in sector#36 of 51 · Telecommunications#35 of 51 · Telecommunications

Over the years

Revenue
INSG FY2018: $202.5MINSG FY2019: $219.5MINSG FY2020: $313.8MINSG FY2021: $262.4MINSG FY2022: $245.3MINSG FY2023: $167.3MINSG FY2024: $191.2MINSG FY2025: $166.2MNSSC FY2019: $102.9MNSSC FY2020: $101.4MNSSC FY2021: $114MNSSC FY2022: $143.6MNSSC FY2023: $170MNSSC FY2024: $188.8MNSSC FY2025: $181.6MNSSC FY2026: $202.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
INSG $166.2MNSSC $202.3M
Net income
INSG FY2018: -$8.1MINSG FY2019: -$40.1MINSG FY2020: -$111.2MINSG FY2021: -$48.1MINSG FY2022: -$68MINSG FY2023: -$46.2MINSG FY2024: $4.6MINSG FY2025: $838KNSSC FY2019: $12.5MNSSC FY2020: $7.8MNSSC FY2021: $15.4MNSSC FY2022: $19.6MNSSC FY2023: $27.1MNSSC FY2024: $49.8MNSSC FY2025: $43.4MNSSC FY2026: $43MFY18FY19FY20FY21FY22FY23FY24FY25FY26
INSG $838KNSSC $43M
Net margin
INSG FY2018: -4.0%INSG FY2019: -18.3%INSG FY2020: -35.4%INSG FY2021: -18.3%INSG FY2022: -27.7%INSG FY2023: -27.6%INSG FY2024: 2.4%INSG FY2025: 0.5%NSSC FY2019: 12.1%NSSC FY2020: 7.7%NSSC FY2021: 13.5%NSSC FY2022: 13.6%NSSC FY2023: 16.0%NSSC FY2024: 26.4%NSSC FY2025: 23.9%NSSC FY2026: 21.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
INSG 0.5%NSSC 21.3%
Revenue growth
INSG FY2019: +8.4%INSG FY2020: +43.0%INSG FY2021: -16.4%INSG FY2022: -6.5%INSG FY2023: -31.8%INSG FY2024: +14.3%INSG FY2025: -13.1%NSSC FY2020: -1.5%NSSC FY2021: +12.5%NSSC FY2022: +25.9%NSSC FY2023: +18.4%NSSC FY2024: +11.1%NSSC FY2025: -3.8%NSSC FY2026: +11.4%FY19FY20FY21FY22FY23FY24FY25FY26
INSG -13.1%NSSC +11.4%
Free cash flow
INSG FY2018: -$3.1MINSG FY2019: -$24.6MINSG FY2020: $14.3MINSG FY2021: -$30.1MINSG FY2022: -$34.8MINSG FY2023: $5.7MINSG FY2024: $33.4MINSG FY2025: $6.5MNSSC FY2019: $6.7MNSSC FY2020: $8.7MNSSC FY2021: $22MNSSC FY2022: $6.9MNSSC FY2023: $21.7MNSSC FY2024: $43.8MNSSC FY2025: $51.4MNSSC FY2026: $59.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
INSG $6.5MNSSC $59.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Inseego and Napco Security Technologies

Which is bigger by revenue, Inseego or Napco Security Technologies?

Napco Security Technologies is bigger by revenue: $202.3M in fiscal 2026, against $166.2M for Inseego in fiscal 2025.

Which keeps more of its revenue as profit, Inseego or Napco Security Technologies?

Inseego had a net margin of 0.5% in fiscal 2025; Napco Security Technologies had 21.3% in fiscal 2026.

Which grew revenue faster, Inseego or Napco Security Technologies?

In their latest fiscal years revenue changed by -13.1% at Inseego and +11.4% at Napco Security Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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