Inseego Corp. has realigned its strategic focus towards its core 5G wireless solutions business, divesting legacy telematics operations in late 2024 to emphasize mobile broadband and fixed wireless access solutions paired with cloud-managed services. Despite a revenue decline versus 2024, driven by reduced mobile solutions sales, higher-margin software and fixed wireless products have supported gross margin expansion. The company’s fiscal year 2025 reflected improving operating income and positive net income, albeit with ongoing customer concentration risks and supply chain dependencies. Capital structure improvements—including repurchasing preferred stock at a discount—have reduced financial overhang as Inseego navigates the competitive and technologically evolving 5G landscape.