Filing Flows › iQSTEL (IQST) › Q1 2025
iQSTEL (IQST) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
iQSTEL (IQST) reported revenue of $57.6M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -42% from the quarter before. Operating margin was -1.0%, net loss $1.1M (2.0% of revenue).
iQSTEL, Q1 2025: revenue $57.6M (+12% year over year), operating margin -1.0%, net loss $1.1M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $57.6M | -42% | +12% |
| Operating profit | −$604K | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $57.6M in Q1 2025, up 12% year over year and down 42% from the previous quarter.
Gross margin was 3.4%, up 0.7 points from a year earlier. Operating costs exceeded revenue by $604K, an operating margin of -1.0%. Operating expenses grew 63% against revenue growth of 12%. The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $1.9M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $127K of depreciation and amortization and $33K of share-based compensation. Working capital and other items used $922K. Capital expenditures of $49K exceeded it, leaving free cash flow of −$2.0M.
Questions
What was iQSTEL's revenue in the first quarter 2025?
iQSTEL (IQST) reported revenue of $57.6M for the first quarter 2025 (Q1 2025), +12% from a year earlier and -42% from the quarter before.
Was iQSTEL profitable in the first quarter 2025?
Operating loss was $604K (-1.0% of revenue) and net loss $1.1M.
Source: iQSTEL 10-Q on SEC EDGAR.