Sequans Communications S.A.(SQNS)Earnings, Financials & Key Ratios
SQNS•NYSE
$3.36
Price updated Jun 27, 2026
AboutSequans Communications S.A. designs, develops, and supplies cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, South Korea, China, rest of Asia, the United States, and internationally. It offers a set of 5G/4G chips and modules for non-smartphone devices. The company provides a comprehensive product portfolio for 5G/4G massive IoT applications based on its Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms featuring low power consumption, a set of integrated functionalities, and deployment capability. It also offers a product portfolio for 5G/4G broadband and critical IoT applications based on its Cassiopeia Cat 4/Cat 6 and Taurus 5G chip platforms optimized for residential, enterprise, and industrial applications. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is headquartered in Paris, France.Show more
- Revenue$27M-25.9%
- EBITDA-$28M-121.1%
- Net Income-$103M-278.5%
- EPS (Diluted)-7.40-3800.0%
- Gross Margin54.3%-27.9%
- EBITDA Margin-103.49%-128.5%
- Operating Margin-132.72%-170.3%
- Net Margin-376.75%-341.0%
- ROE-112.26%-148.1%
SQNS Price & Volume
Sequans Communications S.A. (SQNS) stock price & volume — 10-year historical chart
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Persistent Revenue Contraction Threatens Operational Going Concern
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and Going Concern
Key Thesis Takeaways
- Sequans Communications faces a critical juncture as its specialized cellular IoT semiconductor business struggles with a shrinking revenue base, which fell to $6.1M in 2026Q1 from $11.0M in 2024Q4.
- The company's inability to achieve operating scale is evidenced by a negative operating margin of -156.6%, leaving it highly vulnerable to liquidity shocks.
- Investors should remain cautious as the firm's reliance on external financing and the rapid erosion of its asset base, which dropped from $431.8M in 2025Q3 to $158.1M in 2026Q1, suggest significant long-term solvency risks.
Verdict Logic
the company's precarious liquidity position, highlighted by a minimal cash balance of only $10.6M and a current ratio of 0.47, suggests an elevated risk of insolvency.
SQNS Growth Metrics
Sequans Communications S.A. (SQNS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.8%
5 Years-11.74%
3 Years-23.34%
TTM-34.47%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-352%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-15318.99%
Return on Capital
10 Years-39.78%
5 Years5.5%
3 Years30.32%
Last Year-26.43%
SQNS Recent Earnings
Sequans Communications S.A. (SQNS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$1.42-147.0%
$0.57
Rev
$6M-1.2%
$6M
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$1.19-142.9%
$0.49
Rev
$7M-1.4%
$7M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.79+56.1%
$1.80
Rev
$4M-31.6%
$6M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$3.20-18.5%
$2.70
Rev
$8M-3.0%
$9M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.42vs $0.57-147.0% | $6Mvs $6M-1.2% |
| Q1 2026 | Feb 10, 2026 | $1.19vs $0.49-142.9% | $7Mvs $7M-1.4% |
| Q4 2025 | Nov 4, 2025 | $0.79vs $1.80+56.1% | $4Mvs $6M-31.6% |
| Q3 2025 | Jul 31, 2025 | $3.20vs $2.70-18.5% | $8Mvs $9M-3.0% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Sequans Communications S.A. (SQNS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.36 | $52.27M | -0.45 | -25.95% | -376.75% | -112.26% | — | |
| $305.28 | $2.59B | 20.91 | 10.21% | 16.02% | 20.24% | — | |
| $149.75 | $13.95B | -325.54 | — | -3.25% | -6.43% | — | |
| $3.74 | $501.84M | -24.93 | 22.42% | -4.63% | -4.34% | — | |
| $27.03 | $415.39M | -27.58 | -0.15% | -1.29% | -1.54% | — | |
| $189.39 | $199.62B | 37.80 | 13.66% | 22.31% | 40.19% | — |
Compare SQNS vs Peers
Sequans Communications S.A. (SQNS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SQNS Frequently Asked Questions
Sequans Communications S.A. (SQNS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Sequans Communications S.A.'s revenue?
Sequans Communications S.A. (SQNS) reported $25.5M in revenue for fiscal year 2025. This represents a 12% increase from $22.7M in 2008.
How fast is Sequans Communications S.A. growing?
Sequans Communications S.A. (SQNS) saw revenue decline by 25.9% over the past year.
Is SQNS profitable?
Sequans Communications S.A. (SQNS) reported a net loss of $157.3M for fiscal year 2025.
Dividend & Returns
What is SQNS's return on equity?
Sequans Communications S.A. (SQNS) has a return on equity (ROE) of -112.3%. Negative ROE indicates the company is unprofitable.
What is Sequans Communications S.A.'s free cash flow?
Sequans Communications S.A. (SQNS) had negative free cash flow of $35.6M in fiscal year 2025, likely due to heavy capital investments.