05/21/2026
🌐 IQSTEL reported financial results for the first quarter ended March 31, 2026, highlighting revenue of $97.9 million. This represents a strong revenue growth of 69.9% compared to the $57.6 million reported in Q1 2025. Gross profit reached $2.08 million, reflecting a 7.8% growth compared to the $1.93 million of the previous period.
✅ Margin and Profitability Strategy: Gross profit reflects the company’s current revenue mix. Management’s strategic focus on expanding higher-margin digital services is expected to progressively improve the margin profile, EBITDA generation, and operating leverage over time.
✅ Global Commercial Infrastructure: The company has created a powerful global commercial infrastructure, establishing a trusted distribution platform capable of delivering technology services at scale across the global telecommunications ecosystem. Today, this platform includes over 600 of the world’s largest telecom operators, presence in 21 countries across 4 continents (with 6 strategically located commercial offices in Miami, Caracas, Buenos Aires, London, Istanbul, and Dubai), and a potential commercial reach to approximately 2.3 billion end users through partner networks.
✅ Revenue Run Rate and Targets: IQSTEL maintains an annualized revenue run rate approaching $400 million. For fiscal year 2026, the company remains committed to its previously announced $430 million revenue target, while continuing to improve EBITDA performance.
✅ Long-Term Growth Outlook: Historically, the first quarter has represented one of IQSTEL’s softer seasonal periods. Even within that seasonal context, this performance reinforces management’s confidence in achieving its 2026 growth objectives and its long-term strategic vision of building a $1 billion annual revenue business, supported by an increasingly diversified mix of higher-margin digital technology services.
▶️ IQSTEL's management, including Leandro Iglesias (Chief Executive Officer) and Alvaro Quintana (Chief Financial Officer), will host an investor conference call Today, May 21, 2026 | 8:30 AM ET.
🔹 Dial-in: 1-888-880-3330
🔹 Registration Link: https://app.webinar.net/Po9W5KW52mJ
🔗 PR Newswire: https://www.prnewswire.com/news-releases/iqst---iqstel-reports-q1-2026-revenue-growth-of-69-9-and-accelerates-transformation-into-a-global-digital-services-distribution-powerhouse-302778673.html