IQSTEL Reports First-Half Revenue of $207 Million and Stockholders' Equity Reaches $17.2 Million
IQSTEL Inc. (NASDAQ: IQST) reported first-half revenue for the six months ended June 30, 2026, at $207 million, a year-over-year increase of approximately 59% compared to $130 million in the same period in 2025. Gross profit also rose by about 26%, reaching $4.8 million from $3.8 million during the first half of 2025. Based on these results, IQSTEL's revenue annualizes to approximately $414 million with an estimated annualized revenue per share of around $41.18. The company’s stockholders' equity stood at $17.2 million as of June 30, 2026—more than 50% higher than its current market capitalization, indicating a significant gap between book value and public-market valuation. IQSTEL continues to focus on expanding its scale through organic growth, strategic acquisitions, and the development of higher-margin digital services. The company's balance sheet remains strong with total assets at $48.2 million and liabilities at $31.0 million.
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