Ultranet Telecom Group

IQSTEL Nine-Month Revenue Hits $314M, Up 35% Organically

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IQSTEL Nine-Month Revenue Hits $314M, Up 35% Organically

NEW YORK – November 05, 2026 -- IQSTEL Inc. (NASDAQ: IQST) reported preliminary, unaudited nine-month 2026 revenue of about $314.0 million, up 35% from $232.7 million a year earlier, with all of the growth organic.

Third-quarter revenue came in at about $106.0 million, down 2.8% from the record $109.1 million in the second quarter. It was the second consecutive quarter above $100 million. Nine-month revenue rose by $81.3 million.

Q4 must deliver $116.0 million to hit the $430 million target

Nine-month revenue equals roughly 73% of IQSTEL's $430 million fiscal 2026 objective. Reaching the target requires about $116.0 million in the fourth quarter, a 9.4% step up from Q3.

Management points to a historical pattern of stronger second-half revenue but cautions that the pattern may not recur. The company also says there is no assurance the objective will be met.