iQSTEL Inc. (IQST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 97.92M | 84.22M | 102.87M | 72.18M | 57.63M | 98.87M | 54.25M | 78.64M | 51.41M | 47.25M | 39.76M | 32.82M | 24.67M | 28.15M | 21.94M | 23.7M | 19.42M | 17.86M | 16.52M | 16.13M |
| Revenue Growth % | 69.9% | -14.83% | 89.62% | -8.21% | 12.09% | 109.24% | 36.45% | 139.56% | 108.44% | 67.88% | 81.24% | 38.5% | 27.02% | 57.61% | 32.81% | 46.94% | 36.78% | 15.44% | 24.26% | 44.91% |
| Cost of Goods Sold | 95.84M | 81.31M | 100.29M | 70.31M | 55.7M | 96.21M | 52.23M | 76.47M | 50.04M | 45.61M | 38.73M | 32.04M | 23.45M | 29M | 20.62M | 22.85M | 18.94M | 17.7M | 15.68M | 16.08M |
| COGS % of Revenue | 97.88% | 96.54% | 97.49% | 97.41% | 96.64% | 97.31% | 96.28% | 97.25% | 97.32% | 96.52% | 97.41% | 97.61% | 95.07% | 103.03% | 94.01% | 96.43% | 97.51% | 99.1% | 94.91% | 99.72% |
| Gross Profit | 2.08M | 2.91M | 2.58M | 1.87M | 1.93M | 2.66M | 2.02M | 2.16M | 1.38M | 1.64M | 1.03M | 784.47K | 1.22M | -853.78K | 1.31M | 846.27K | 484.06K | 160.73K | 841.05K | 44.56K |
| Gross Margin % | 2.12% | 3.46% | 2.51% | 2.59% | 3.36% | 2.69% | 3.72% | 2.75% | 2.68% | 3.48% | 2.59% | 2.39% | 4.93% | -3.03% | 5.99% | 3.57% | 2.49% | 0.9% | 5.09% | 0.28% |
| Gross Profit Growth % | 7.53% | 9.28% | 27.67% | -13.5% | 40.31% | 62.15% | 96.39% | 175.81% | 13.34% | 292.36% | -21.78% | -7.3% | 151.36% | -631.19% | 56.35% | 1798.97% | -0.68% | -37.74% | 532.31% | -93.91% |
| Operating Expenses | 3.04M | 3.02M | 3.14M | 2.53M | 2.54M | 2.96M | 2.08M | 2.51M | 1.56M | 1.46M | 957.77K | 1.04M | 1.53M | 1.59M | 1.26M | 1.14M | 989.5K | 853.16K | 957.2K | 1.21M |
| OpEx % of Revenue | 3.1% | 3.58% | 3.05% | 3.5% | 4.41% | 2.99% | 3.83% | 3.19% | 3.04% | 3.09% | 2.41% | 3.16% | 6.22% | 5.66% | 5.73% | 4.83% | 5.1% | 4.78% | 5.8% | 7.5% |
| Selling, General & Admin | 3.26M | 2.84M | 3.14M | 2.35M | 2.54M | 1.5M | 2.08M | 2.51M | 1.51M | 970.44K | 1.09M | 1.16M | 1.49M | 1.22M | 1.37M | 1.44M | 926.49K | 460.09K | 1.17M | 1.21M |
| SG&A % of Revenue | 3.33% | 3.37% | 3.05% | 3.26% | 4.41% | 1.52% | 3.83% | 3.19% | 2.93% | 2.05% | 2.74% | 3.52% | 6.05% | 4.32% | 6.24% | 6.08% | 4.77% | 2.58% | 7.11% | 7.5% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 313K | 337.04K | 0 | 0 | 54.92K | 87.81K | 61.76K | 0 | 102.4K | 87.91K | 55.88K | 0 | 19.91K | 18.29K | 0 |
| R&D % of Revenue | - | - | - | - | - | 0.32% | 0.62% | - | - | 0.12% | 0.22% | 0.19% | - | 0.36% | 0.4% | 0.24% | - | 0.11% | 0.11% | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -958.01K | -107.8K | -559.08K | -656.23K | -604.23K | -298.11K | -56.55K | -342.1K | -183.45K | 183.99K | 70.75K | -252.72K | -317.53K | -2.45M | 58.81K | -298.18K | -505.44K | -692.43K | -116.14K | -1.16M |
| Operating Margin % | -0.98% | -0.13% | -0.54% | -0.91% | -1.05% | -0.3% | -0.1% | -0.43% | -0.36% | 0.39% | 0.18% | -0.77% | -1.29% | -8.69% | 0.27% | -1.26% | -2.6% | -3.88% | -0.7% | -7.22% |
| Operating Income Growth % | -58.55% | 63.84% | -888.6% | -91.82% | -229.36% | -262.02% | -179.93% | -35.37% | 42.23% | 107.52% | 20.3% | 15.25% | 37.18% | -253.37% | 150.64% | 74.4% | 49.99% | 8.27% | 85.94% | -574.32% |
| EBITDA | -785.36K | 69.73K | -397.17K | -495K | -477.23K | 97.36K | -21.43K | -308.32K | -148.29K | 209.48K | 105.51K | -218.29K | -283.47K | -2.42M | 87.66K | -269.35K | -471.89K | -667.88K | -91.64K | -1.14M |
| EBITDA Margin % | -0.8% | 0.08% | -0.39% | -0.69% | -0.83% | 0.1% | -0.04% | -0.39% | -0.29% | 0.44% | 0.27% | -0.66% | -1.15% | -8.59% | 0.4% | -1.14% | -2.43% | -3.74% | -0.55% | -7.09% |
| EBITDA Growth % | -64.57% | -28.38% | -1753.23% | -60.54% | -221.82% | -53.52% | -120.31% | -41.25% | 47.69% | 108.66% | 20.36% | 18.96% | 39.93% | -262.04% | 195.66% | 76.43% | 52.34% | 9.2% | 88.65% | -637.29% |
| D&A (Non-Cash Add-back) | 172.65K | 177.53K | 161.92K | 161.23K | 127K | 395.47K | 35.12K | 33.78K | 35.16K | 25.49K | 34.76K | 34.43K | 34.06K | 28.9K | 28.85K | 28.82K | 33.55K | 24.55K | 24.5K | 21.86K |
| EBIT | -757.01K | -2.47M | -1.91M | -1.8M | -592.16K | -257.89K | -31.13K | -1.4M | -214.74K | 217.15K | 70.75K | -252.72K | -155.18K | -2.68M | 58.81K | -298.18K | -509.84K | -660.43K | -116.14K | -1.11M |
| Net Interest Income | -351K | -280.9K | -342.66K | -459.12K | -531.73K | -625.61K | -672.27K | -496.08K | -365.47K | -40.59K | -34.22K | -20.1K | -11.4K | -7.22K | -3.69K | -3.84K | -14.89K | -26.59K | -6.8K | -12.06K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.76K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -1.37M | -2.75M | -2.25M | -2.26M | -1.12M | -1.6M | -703.4K | -1.9M | -580.22K | 55.12K | 45.91K | -161.64K | -158.82K | -5.08M | 27.31K | -285.46K | -524.73K | -751.92K | -111.22K | -1.12M |
| Pretax Margin % | -1.4% | -3.27% | -2.19% | -3.13% | -1.95% | -1.62% | -1.3% | -2.41% | -1.13% | 0.12% | 0.12% | -0.49% | -0.64% | -18.06% | 0.12% | -1.2% | -2.7% | -4.21% | -0.67% | -6.96% |
| Income Tax | 15.5K | -62.48K | 71.92K | 91.7K | 20.57K | 259.15K | 69.61K | 65.28K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -1.13% | 2.27% | -3.19% | -4.06% | -1.83% | -16.16% | -9.9% | -3.44% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.36M | -3.13M | -2.47M | -2.41M | -1.16M | -2.25M | -923.79K | -2.01M | -809.77K | -124.11K | -62.01K | -213.94K | -363.19K | -4.99M | -68.86K | -351.18K | -554.97K | -709.05K | -198.95K | -987.38K |
| Net Margin % | -1.39% | -3.72% | -2.4% | -3.33% | -2.01% | -2.28% | -1.7% | -2.55% | -1.57% | -0.26% | -0.16% | -0.65% | -1.47% | -17.74% | -0.31% | -1.48% | -2.86% | -3.97% | -1.2% | -6.12% |
| Net Income Growth % | -17.24% | -39.22% | -167.03% | -19.86% | -43% | -1712.72% | -1389.67% | -838.63% | -122.96% | 97.51% | 9.95% | 39.08% | 34.56% | -604.1% | 65.39% | 64.43% | 71.43% | 76.56% | 78.92% | -176.78% |
| Net Income (Continuing) | -1.39M | -2.69M | -2.33M | -2.35M | -1.14M | -1.86M | -773K | -1.96M | -580.22K | 55.12K | 45.91K | -161.64K | -158.82K | -5.08M | 27.31K | -285.46K | -524.73K | -751.92K | -111.22K | -1.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 4.21M | 5.12M | 4.68M | 4.75M | 4.7M | 4.68M | 522.58K | 371.79K | -148.16K | -377.71K | -564.77K | -665.47K | -719.24K | -924.38K | -838.16K | -933.8K | -965.96K | -996.01K | -963.16K | -1.05M |
| EPS (Diluted) | -0.29 | -0.89 | -0.68 | -0.82 | 0.00 | -0.02 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.05 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 |
| EPS Growth % | - | -4559.69% | - | -7156.64% | - | - | - | - | - | 98.61% | - | - | - | - | - | - | 76.83% | 87.92% | 89.15% | -135.32% |
| EPS (Basic) | -0.29 | -0.89 | -0.68 | -0.82 | 0.00 | -0.02 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.05 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 |
| Diluted Shares Outstanding | 4.88M | 3.45M | 3.64M | 2.95M | 182.21M | 182.21M | 184.28M | 178.45M | 175.15M | 172.13M | 168.19M | 164.64M | 164.03M | 152.21M | 153.93M | 150.84M | 147.54M | 141.7M | 141.7M | 139.08M |
| Basic Shares Outstanding | 4.88M | 3.45M | 3.64M | 2.95M | 182.21M | 182.21M | 184.28M | 178.45M | 175.15M | 172.13M | 168.19M | 164.64M | 164.04M | 152.21M | 151.75M | 150.84M | 147.54M | 141.7M | 141.7M | 139.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |