Sequans Communications reports Q3 revenue of $4.3 million
Sequans Communications reported Q3 2025 revenue of $4.3 million, down 47.3% from Q2 and 57.5% from Q3 2024, due to lower license and services revenue. Gross margin fell to 40.9% from 64.4% in Q2 2025 and 82.5% in Q3 2024. The company incurred an operating loss of $20.4 million, including an $8.2 million unrealized Bitcoin loss. Sequans reduced its debt by leveraging Bitcoin holdings and reported a $300 million revenue design win pipeline, with over 45% of projects expected in mass production by 2026.
Sequans Communications reported third quarter 2025 revenue of $4.3 million, a decrease of 47.3% from the previous quarter and 57.5% from the same period in 2024, reflecting lower license and services revenue. Gross margin was 40.9%, down from 64.4% in the second quarter of 2025 and 82.5% in the third quarter of 2024. The company posted an operating loss of $20.4 million, which included an $8.2 million unrealized loss on Bitcoin investment. Sequans reduced half of its debt by leveraging a portion of its Bitcoin holdings and reported that its three-year revenue design win pipeline increased to $300 million in the third quarter, with over 45% of related projects expected to be in mass production by 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. ID: 273106) on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
