Filing Flows › iQSTEL (IQST) › Q1 2026 › vs Q4 2025
iQSTEL (IQST) Q1 2026 vs Q4 2025 (quarter over quarter)
iQSTEL's revenue rose $13.7M (+16%) from $84.2M in Q4 2025 to $97.9M in Q1 2026. The biggest changes: U S A +$15.2M (+29%); United Kingdom −$1.5M (-5%).
iQSTEL, Q1 2026: revenue $97.9M (+70% year over year), operating margin -1.0%, net loss $1.4M, operating cash flow −$175K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| U S A | $68.4M | $53.2M | $15.2M | +29% |
| United Kingdom | $29.2M | $30.7M | −$1.5M | -5% |
| Revenue | $97.9M | $84.2M | $13.7M | +16% |
| Net loss | $1.4M | $2.7M | −$1.3M | -48% |
| Costs & expenses | $99.3M | $87.0M | $12.3M | +14% |
| Operating costs | $98.9M | $86.6M | $12.2M | +14% |
| Interest & other, net | $412K | $321K | $91K | +28% |
| Income tax | $16K | −$62K | $78K | — |
| Cost of revenue | $95.8M | $81.3M | $14.5M | +18% |
| Operating expenses | $3.0M | $5.3M | −$2.3M | -43% |
| Operating cash sources | $1.4M | $2.7M | −$1.3M | -48% |
| Depreciation & amortization | $173K | $178K | −$5K | -3% |
| Share-based compensation | $5K | $11K | −$6K | -54% |
| Working capital & other | $1.0M | $1.3M | −$227K | -18% |
| Cash used in operations | $175K | $1.2M | −$1.1M | -86% |
| Net loss absorbed | $1.4M | $2.7M | −$1.3M | -48% |
Questions
How much did iQSTEL's revenue grow quarter over quarter in Q1 2026?
iQSTEL's revenue rose $13.7M (+16%) from $84.2M in Q4 2025 to $97.9M in Q1 2026.
What drove iQSTEL's revenue change in Q1 2026?
U S A +$15.2M (+29%); United Kingdom −$1.5M (-5%).