Sequans Communications S.A. (SQNS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SQNS Revenue Growth
Revenue Breakdown (FY 2024)
SQNS's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SQNS Revenue Analysis (2014–2025)
As of May 8, 2026, Sequans Communications S.A. (SQNS) generated trailing twelve-month (TTM) revenue of $25.5 million, reflecting significant decline in growth of -24.6% year-over-year. The most recent quarter (Q1 2026) recorded $6.1 million in revenue, down 12.6% sequentially.
Looking at the longer-term picture, SQNS's 5-year compound annual growth rate (CAGR) stands at -11.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $60.6 million in 2022.
Revenue diversification analysis shows SQNS's business is primarily driven by License fee (31%), Technology, IOT (26%), and Technology, Broadband (24%).
When compared to Technology sector peers including SIMO (+10.2% YoY), SMTC (+20.6% YoY), and AIOT (+66.3% YoY), SQNS has underperformed the peer group in terms of revenue growth. Compare SQNS vs SIMO →
SQNS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SQNSCurrent | $25M | -24.6% | -11.7% | -132.7% | |
 SIMO | $886M | +10.2% | +10.4% | 10.5% | |
 SMTC | $909M | +20.6% | +10.7% | 6.8% | |
 AIOT | $363M | +66.3% | +34.6% | -7.1% | |
 ATNI | $728M | +1.3% | +9.8% | 6.0% | |
 QCOM | $44.3B | +5.2% | +13.5% | 27.9% |
SQNS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $27.3M | -25.9% | $14.8M | 54.3% | $-36,200,666 | -132.7% |
| 2024 | $36.8M | +9.6% | $27.7M | 75.3% | $69.5M | 188.8% |
| 2023 | $33.6M | -44.5% | $24.1M | 71.8% | $-29,838,000 | -88.8% |
| 2022 | $60.6M | +19.0% | $42.9M | 70.8% | $-3,839,000 | -6.3% |
| 2021 | $50.9M | -0.1% | $27.2M | 53.4% | $-18,319,000 | -36.0% |
| 2020 | $50.9M | +65.0% | $23.4M | 46.1% | $-24,741,000 | -48.6% |
| 2019 | $30.9M | -23.3% | $12.4M | 40.1% | $-27,957,000 | -90.6% |
| 2018 | $40.3M | -16.6% | $15.9M | 39.5% | $-31,517,000 | -78.3% |
| 2017 | $48.3M | +5.9% | $21.1M | 43.8% | $-19,525,000 | -40.5% |
| 2016 | $45.6M | +39.3% | $20.0M | 43.8% | $-19,744,000 | -43.3% |
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Start ComparisonSQNS — Frequently Asked Questions
Quick answers to the most common questions about buying SQNS stock.
Is SQNS's revenue growth accelerating or slowing?
SQNS revenue declined -24.6% year-over-year, contrasting with the 5-year CAGR of -11.7%. TTM revenue fell to $25M. This reverses the prior growth trend.
What is SQNS's long-term revenue growth rate?
Sequans Communications S.A.'s 5-year revenue CAGR of -11.7% reflects the variable expansion pattern. Current YoY growth of -24.6% is below this long-term average.
How is SQNS's revenue distributed by segment?
SQNS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.