Filing Flows › iQSTEL (IQST) › Q2 2026
iQSTEL (IQST) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 18, 2026
iQSTEL (IQST) reported revenue of $109M for the second quarter 2026 (Q2 2026), +51% from a year earlier and +11% from the quarter before. Operating margin was -1.0%, net loss $2.4M (2.2% of revenue).
iQSTEL, Q2 2026: revenue $109M (+51% year over year), operating margin -1.0%, net loss $2.4M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | +11% | +51% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$1.5M | — | -679% |
What changed
Revenue was $109.1M in Q2 2026, up 51% year over year and up 11% from the previous quarter. U S A was the largest line at 67% of revenue. U S A added $33.8M year over year (up 85%), 92% of the total change.
Gross margin was 2.5%, down 0.1 points from Q2 2025. Operating costs exceeded revenue by $1.1M, an operating margin of -1.0%. Operating expenses grew 53% against revenue growth of 51%. The quarter ended with a net loss of $2.4M, wider than the previous quarter's $1.4M loss. Net interest and other expense of $1.2M was the main reason.
Operating cash flow was −$1.5M. Non-cash charges added back $154K of depreciation and amortization and $538K of share-based compensation. Working capital and other items added $222K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was iQSTEL's revenue in the second quarter 2026?
iQSTEL (IQST) reported revenue of $109M for the second quarter 2026 (Q2 2026), +51% from a year earlier and +11% from the quarter before.
Was iQSTEL profitable in the second quarter 2026?
Operating loss was $1.1M (-1.0% of revenue) and net loss $2.4M.
Source: iQSTEL 10-Q on SEC EDGAR.