iQSTEL Inc. (IQST) Income Statement
IQST 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIQST revenue and net income
Where IQST's revenue goes
2025Each bar shows an amount and its share of revenue. IQST kept −2.9% of revenue as net income.
IQST profit margins
IQST growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.9% | +50.4% | +47.8% | — |
| Gross profit | +14.3% | +74.1% | +57.9% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IQST quarterly EPS vs estimates
iQSTEL beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 13, 2026 (estimate $-0.09).
IQST income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $316.9M | $283.2M | $144.5M | $93.2M | $64.7M | $44.9M | $18.0M | $13.8M | $5.3M | $7.3M |
| Cost of revenue | $307.4M | $274.9M | $139.8M | $91.4M | $63.2M | $43.9M | $17.3M | $12.6M | $4.9M | $6.4M |
| Gross profit | $9.5M | $8.3M | $4.7M | $1.8M | $1.5M | $962,352 | $780,925 | $1.2M | $439,142 | $952,103 |
| Research & development | — | — | $328,710 | $291,348 | $218,053 | $133,400 | $160,251 | $184,152 | $103,084 | $156,453 |
| Sales, general & admin | $10.7M | $8.4M | $4.0M | $4.8M | $4.3M | $3.8M | $1.3M | $886,727 | $351,478 | $151,550 |
| Total operating expenses | $11.3M | $9.1M | $5.0M | $5.0M | $4.5M | $4.2M | $1.4M | $1.2M | $23.3M | $173,713 |
| Operating income | −$1.8M | −$834,064 | −$315,503 | −$3.2M | −$3.0M | −$3.2M | −$647,012 | −$27,895 | $82,225 | −$173,713 |
| Interest expense | $1.6M | $2.2M | $94,908 | $29,641 | $675,481 | $3.5M | $2.7M | $460,185 | $0 | $77,855 |
| Income before taxes | −$8.4M | −$4.8M | −$219,436 | −$5.9M | −$3.9M | −$6.7M | −$5.4M | −$2.1M | −$291,915 | −$242,397 |
| Income taxes | $121,705 | $394,030 | — | $2.8M | $656,363 | $152 | $2.7M | $1.6M | $0 | $43,110 |
| Net income | −$9.2M | −$6.0M | −$763,258 | −$6.0M | −$3.8M | −$6.6M | −$8.1M | −$3.7M | −$291,915 | −$242,397 |
| EBITDA | −$6.1M | −$2.1M | $4,209 | −$5.7M | −$3.1M | −$3.1M | −$2.7M | −$1.6M | $53,031 | $358,702 |
| EPS (diluted) | −$1.41 | −$1.69 | −$0.61 | −$3.15 | −$0.43 | −$0.04 | −$0.60 | −$0.21 | −$953.27 | −$3864.60 |
| Gross margin | 3.0% | 2.9% | 3.2% | 1.9% | 2.4% | 2.1% | 4.3% | 8.7% | 8.2% | 13.0% |
| Operating margin | −0.6% | −0.3% | −0.2% | −3.4% | −4.6% | −7.2% | −3.6% | −0.2% | 1.5% | −2.4% |
| Net margin | −2.9% | −2.1% | −0.5% | −6.4% | −5.9% | −14.6% | −44.9% | −26.8% | −5.5% | −3.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $109.1M | $97.9M | $84.2M | $102.9M | $72.2M | $57.6M | $98.9M | $54.2M | $78.6M | $51.4M | $47.3M | $39.8M |
| Cost of revenue | $106.3M | $95.8M | $81.3M | $100.3M | $70.3M | $55.7M | $96.2M | $52.2M | $76.5M | $50.0M | $45.6M | $38.7M |
| Gross profit | $2.7M | $2.1M | $2.9M | $2.6M | $1.9M | $1.9M | $2.7M | $2.0M | $2.2M | $1.4M | $1.6M | $1.0M |
| Research & development | — | — | — | — | — | — | $313,003 | $337,042 | — | $54,924 | — | $87,811 |
| Sales, general & admin | $3.9M | $3.0M | $2.8M | $3.1M | $2.4M | $2.5M | $1.5M | $2.1M | $2.4M | $1.5M | $1.4M | $957,768 |
| Total operating expenses | $3.9M | $3.0M | $84.3M | $3.1M | $2.5M | $2.5M | $3.0M | $2.1M | $2.5M | $1.6M | $47.0M | $957,768 |
| Operating income | −$1.1M | −$958,009 | −$107,798 | −$559,083 | −$656,229 | −$604,226 | −$298,112 | −$56,553 | −$342,103 | −$183,452 | $224,619 | $70,753 |
| Interest expense | $313,626 | $350,998 | $280,896 | $342,659 | $459,118 | $531,726 | $625,605 | $672,266 | $496,080 | $365,474 | $40,586 | $34,219 |
| Income before taxes | −$2.3M | −$1.4M | −$2.8M | −$2.3M | −$2.3M | −$1.1M | −$1.6M | −$703,399 | −$1.9M | −$580,216 | $55,121 | $45,909 |
| Income taxes | $62,109 | $15,503 | — | $71,919 | $91,696 | $20,575 | $259,150 | $69,605 | $65,275 | −$809,767 | — | −$62,013 |
| Net income | −$2.6M | −$1.4M | −$3.1M | −$2.5M | −$2.4M | −$1.2M | −$2.2M | −$923,788 | −$2.0M | −$809,767 | −$124,115 | −$62,013 |
| EBITDA | −$1.9M | −$584,365 | −$2.3M | −$1.7M | −$1.6M | −$465,161 | $137,588 | $3,993 | −$1.4M | −$179,581 | — | $114,886 |
| EPS (diluted) | −$0.38 | −$0.29 | −$0.28 | −$0.25 | −$0.44 | −$0.44 | −$0.02 | −$0.40 | −$0.90 | −$0.37 | −$0.06 | −$0.42 |
| Gross margin | 2.5% | 2.1% | 3.5% | 2.5% | 2.6% | 3.4% | 2.7% | 3.7% | 2.8% | 2.7% | 3.5% | 2.6% |
| Operating margin | −1.0% | −1.0% | −0.1% | −0.5% | −0.9% | −1.0% | −0.3% | −0.1% | −0.4% | −0.4% | 0.5% | 0.2% |
| Net margin | −2.4% | −1.4% | −3.7% | −2.4% | −3.3% | −2.0% | −2.3% | −1.7% | −2.6% | −1.6% | −0.3% | −0.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IQST's financial statements (latest annual report filed April 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IQST financial results
In fiscal year 2025 (ended December 31, 2025), iQSTEL reported revenue of $316.9 million, up 11.9% from the year before. It had a net loss of $9.2 million, a net profit margin of −2.9%. Diluted earnings per share came to −$1.41. Over five years revenue grew at an average rate of 47.8% a year.
See the IQST stock overview for the latest quote and news, or the IQST chart for price history and technical indicators.
IQST income statement FAQ
What is iQSTEL's annual revenue?
iQSTEL reported total revenue of $316.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 11.9% from $283.2 million the previous year.
Is iQSTEL profitable?
No. iQSTEL reported a net loss of $9.2 million in fiscal 2025, a net profit margin of −2.9%; its operating margin was −0.6%.
What is iQSTEL's gross margin?
iQSTEL's gross margin was 3.0% in fiscal 2025: for every $100 of revenue, iQSTEL kept $3 after the direct cost of its products and services.
How fast is iQSTEL growing?
Revenue grew 47.8% a year on average over the last five fiscal years, from $44.9 million to $316.9 million.
What are iQSTEL's earnings per share?
iQSTEL earned $-1.41 per diluted share in fiscal 2025, compared with $-1.69 a year earlier.
When will iQSTEL report its next earnings?
iQSTEL is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does iQSTEL's fiscal year end?
iQSTEL's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 6, 2026.