iQSTEL Inc Q2 2026: Revenue $109.1M, EPS $(0.38) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.iQSTEL Inc reported Q2 2026 revenue of $109.1M, a 51.1% increase year-over-year, driven by telecom subsidiaries and the GlobeTopper acquisition. Despite revenue growth, the company posted a net loss of $2.66M and a diluted EPS of $(0.38), compared to a loss of $(0.82) in the prior year quarter.
iQSTEL Inc reported second-quarter 2026 results with revenue rising to $109.1M, up from $72.2M a year earlier, while the company recorded a net loss attributable to iQSTEL Inc of $2.66M and a basic and diluted loss per share of $(0.38).
Financial Highlights
- Revenue: $109.1M for Q2 2026, up from $72.2M in the year-ago quarter (51.1% YoY).
- Net income: Net loss attributable to iQSTEL Inc of $(2.66M) for Q2 2026 vs. net loss $(2.41M) in the year-ago quarter.
- Diluted EPS: Basic and diluted loss per common share $(0.38) for Q2 2026 (year-ago quarter: $(0.82)).
Business Highlights
- Revenue growth was driven primarily by the company's telecom subsidiaries, with consolidated revenue rising roughly 51% for the quarter and about 59% year-to-date versus the prior year.
- Operational shift toward third-party carrier usage reduced intercompany traffic and strengthened external commercial relationships.
- GlobeTopper acquisition (closed July 1, 2025) added gift-card and fintech capabilities and contributed materially to 2026 revenue.
- Telecom remains the core division—VoIP, SMS and IoT—with more than 603 global network interconnections and operations across 20 countries.
- Ongoing investment in a unified switching platform and the company's AI division (Reality Border) aims to advance enterprise telecom and AI solutions.
Original SEC Filing: iQSTEL Inc [ IQST ] - 10-Q - Aug. 18, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.