Inseego Q3 2026 swings to net loss of $8.1 million as revenue falls 28% to $33.26 million
INSG•Inseego reported a Q3 2026 net loss of $8.1 million, compared with a year-earlier profit, as revenue fell 28% to $33.26 million. It forecast Q4 revenue of $56 million to $65 million, including its acquired FastMile business.
1. Quarterly results and outlook
Inseego swung to a GAAP net loss of $8.1 million in Q3 2026 from a profit a year earlier. Revenue fell 28% year over year to $33.26 million. The company forecast Q4 revenue of $56 million to $65 million, including the acquired FastMile business.
2. FastMile and spending cuts
Inseego closed its acquisition of Nokia’s FastMile fixed wireless access business on October 1, expanding its global carrier partnerships. Headcount and contractor spending cuts made in October are expected to reduce annual spending by $8 million.
