Every 10-Q that IQSTEL INC. (IQST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IQST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IQST filings page.
iQSTEL Inc. (IQST) filed an amended quarterly report for the period ended June 30, 2026 to correct the stated conversion rates of its Series B and Series D Preferred Stock in the stockholders’ equity note; no other disclosures were changed.
For the quarter, revenues were $109.1 million, up from $72.2 million a year earlier, and six‑month revenues were $207.0 million versus $129.8 million, driven mainly by the Telecom division (87% of revenue), with Fintech (GlobeTopper) contributing 13%.
Despite higher gross profit ($4.8 million vs. $3.8 million for six months), the company recorded a six‑month net loss of $3.8 million and negative operating cash flow of $1.7 million. Management states that recurring losses, negative operating cash flows, and insufficient established revenue to cover operating costs raise substantial doubt about its ability to continue as a going concern. Liquidity actions include high‑interest promissory notes and a new Equity Purchase Agreement allowing up to $50 million of common stock sales over up to 60 months.
iQSTEL Inc. (IQST) reported sharply higher sales but continued losses for the six months ended June 30, 2026. Revenue rose to $206.99 million from $129.82 million a year earlier, driven mainly by its Telecom division (87% of revenue) and contributions from its Fintech/gift-card business (13%). Gross profit increased to $4.83 million, but operating expenses of $6.91 million led to an operating loss of $2.08 million.
Net loss attributable to iQSTEL was $3.98 million for the six months, compared with $3.56 million in the prior-year period. Cash used in operations was $1.67 million, leaving cash of $2.09 million at June 30, 2026. Total assets were $48.19 million and total liabilities $31.01 million, for equity of $17.18 million. The company discloses substantial doubt about its ability to continue as a going concern due to recurring losses and negative operating cash flow, and notes reliance on external financing, including a new $50 million Equity Purchase Agreement and high-interest (24%) short-term promissory notes.
IQSTEL Inc. reported strong top-line growth but continued losses for the three months ended March 31, 2026. Revenue rose to $97.9 million from $57.6 million a year earlier, driven by its telecom subsidiaries and the July 2025 acquisition of GlobeTopper, which contributed $13.0 million.
Cost of revenue increased to $95.8 million, leaving gross profit of $2.1 million and an operating loss of $958,009. Net loss widened to $1.39 million, pressured by $351,000 of interest expense on high-rate borrowings used to fund acquisitions.
The balance sheet shows cash of $2.6 million, total assets of $44.5 million, and total liabilities of $30.2 million. Management discloses recurring operating losses, negative working capital, and dependence on external financing, which raise substantial doubt about the company’s ability to continue as a going concern.
Subsequent to quarter-end, IQSTEL entered a $50 million Equity Purchase Agreement with M2B Funding Corp., allowing it to sell common stock over a commitment period at a discount to market, subject to ownership and volume limits. This facility is intended to support general corporate purposes but may be dilutive to existing shareholders.
IQSTEL Inc. filed its Q3 2025 10‑Q, showing strong top-line growth alongside continued losses and a going concern warning. Revenue reached $102.9M in Q3, up from $54.3M a year ago, with nine‑month revenue $232.7M versus $184.3M. Q3 gross profit was $2.74M; operating loss was $0.56M, and net loss was $2.33M (basic and diluted loss per share $0.68). For nine months, net loss was $5.82M.
On the balance sheet, total assets were $46.9M and total liabilities $29.0M, yielding stockholders’ equity of $17.85M. Cash was $2.26M. Operating cash use was $2.60M year‑to‑date, largely offset by $2.57M provided by financing. The company completed a 1‑for‑80 reverse split effective May 2, 2025. Debt activity included conversions of $4.15M principal into 988,655 common shares and issuing 37,110 Series D Preferred to settle $4.71M of debt; 6,571 Series B Preferred settled $0.63M of salaries. Customer concentration improved, with 31 customers comprising 87.4% of revenue. Common shares outstanding were 4,299,375 as of November 14, 2025. Management disclosed substantial doubt about continuing as a going concern.
IQSTEL Inc. reported consolidated results for the quarter and six months ended June 30, 2025 showing stable revenue but continued losses and liquidity pressure. Revenue was $72.18 million for the quarter and $129.82 million for the six months, essentially flat versus prior-year six-month revenue of $130.05 million. Gross profit remained small at $3.81 million for six months. The company recorded a six-month net loss of $3.49 million versus $2.54 million a year earlier, widening the accumulated deficit to $36.41 million. Total assets declined to $51.41 million from $79.01 million at year-end, while total liabilities fell to $37.12 million from $67.11 million, improving equity to $14.29 million. Cash ended at $2.04 million and operating cash used improved to $1.65 million over six months. Management discloses substantial doubt about going concern due to recurring losses, negative working capital and reliance on external financing. Key subsequent events include acquisition agreements and a $3.55 million debt exchange into newly amended Series D Preferred Stock.