iQSTEL Inc (IQST) Financial Statements
Industry: Telephone Communications (No Radiotelephone)
In fiscal 2025, iQSTEL reported revenue of $316.9M, up 11.9% from $283.2M the year before. Net income was -$8.5M (a -2.7% net margin), or -$2.86 per diluted share. Gross margin was 3.0% and operating margin was -1.3%. Operating activities generated -$3.8M of cash, leaving -$4.0M of free cash flow. At fiscal year end, iQSTEL held $51.1M in total assets against $34.8M in total liabilities, including $2.2M of cash and equivalents.
Open the full interactive iQSTEL financials → Quarterly statements, key ratios, valuation history and price charts.
iQSTEL Key Stats
| Share Price | $1.00 |
|---|---|
| Revenue YoY Growth | +11.9% |
| 52-Week Range | $0.88 – $6.28 |
| Shares Outstanding | 1.9 million (basic, 2022 Q3) |
iQSTEL Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $44.9M | $64.7M | $93.2M | $144.5M | $283.2M | $316.9M |
| Gross Profit | $962,352 | $1.5M | $1.8M | $4.7M | $8.3M | $9.5M |
| Operating Income | -$3.2M | -$3.0M | -$3.2M | -$315,503 | -$834,064 | -$4.3M |
| Pre-Tax Income | -$6.7M | -$3.9M | -$5.9M | -$219,436 | -$4.8M | -$8.4M |
| Income Tax | -$152 | -$26,228 | $101,713 | $543,822 | $394,030 | $121,705 |
| Net Income | -$6.6M | -$3.8M | -$6.0M | -$763,258 | -$6.0M | -$8.5M |
| Diluted EPS | -$8.00 | -$2.40 | -$3.20 | -$0.80 | -$3.20 | -$2.86 |
iQSTEL Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $102.9M | $84.2M | $97.9M | $109.1M |
| Net Income | -$2.3M | -$2.7M | -$1.4M | -$2.4M |
| Diluted EPS | -$0.68 | — | -$0.29 | -$0.38 |
iQSTEL Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $753,316 | $3.3M | $1.3M | $1.4M | $2.5M | $2.2M |
| Current Assets | $3.6M | $6.6M | $6.4M | $15.7M | $63.0M | $36.2M |
| Total Assets | $6.0M | $9.1M | $12.5M | $22.2M | $79.0M | $51.1M |
| Current Liabilities | $7.9M | $2.4M | $6.5M | $13.8M | $63.8M | $34.6M |
| Total Long-Term Debt | $1.6M | $434,745 | $202,492 | $592,263 | $4.9M | $4.1M |
| Total Liabilities | $8.3M | $2.6M | $6.7M | $14.1M | $67.1M | $34.8M |
| Shareholders' Equity | -$2.4M | $7.4M | $6.8M | $8.4M | $7.2M | $16.3M |
iQSTEL Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$2.1M | -$3.2M | -$1.8M | -$1.5M | -$2.9M | -$3.8M |
| Cash From Investing | -$91,211 | -$511,348 | -$2.0M | -$332,550 | -$3.2M | -$239,651 |
| Cash From Financing | $2.7M | $6.3M | $1.8M | $1.8M | $7.2M | $3.7M |
| Free Cash Flow | -$2.2M | -$3.3M | -$1.9M | -$1.7M | -$3.1M | -$4.0M |
Figures from iQSTEL's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full iQSTEL financials page for every line item.
iQSTEL Company Profile
| Ticker | IQST |
|---|---|
| Exchange | Nasdaq |
| Industry | Telephone Communications (No Radiotelephone) |
| Headquarters | Coral Gables, Florida |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001527702 |
Frequently Asked Questions
What was iQSTEL's revenue in fiscal 2025?
iQSTEL (IQST) reported revenue of $316.9M for fiscal 2025.
What is iQSTEL's annual revenue history?
iQSTEL's annual revenue by fiscal year: 2020: $44.9M; 2021: $64.7M; 2022: $93.2M; 2023: $144.5M; 2024: $283.2M; 2025: $316.9M.
What was iQSTEL's net income in fiscal 2025?
iQSTEL reported net income of -$8.5M for fiscal 2025.
What was iQSTEL's earnings per share (EPS) in fiscal 2025?
iQSTEL's diluted EPS was -$2.86 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did iQSTEL generate in fiscal 2025?
iQSTEL generated -$4.0M of free cash flow in fiscal 2025.
What was iQSTEL's revenue last quarter?
In its most recent reported quarter (2026 Q2), iQSTEL reported revenue of $109.1M.
How much debt does iQSTEL have?
iQSTEL reported $4.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of iQSTEL are outstanding?
iQSTEL reported a weighted average of 1.9 million basic shares outstanding in 2022 Q3.
When does iQSTEL's fiscal year end?
iQSTEL's fiscal year end, as registered with the SEC, is December 31.
Where is iQSTEL headquartered?
iQSTEL lists its business address in Coral Gables, Florida in its SEC filings.