IQSTEL preliminary Q3 revenue falls 2.8% sequentially to $106 million
IQST•IQSTEL reported preliminary third-quarter 2026 revenue of $106 million, down 2.8% sequentially. Nine-month revenue rose 35% organically to $314 million, equal to 73% of its $430 million full-year objective.
1. Revenue and target
IQSTEL reported preliminary third-quarter 2026 revenue of $106 million, down 2.8% from the previous quarter. Nine-month revenue rose 35% organically to $314 million from $232.7 million a year earlier, reaching 73% of its $430 million full-year objective; meeting that objective requires approximately $116 million in fourth-quarter revenue, up 9.4% sequentially.
2. Proposed acquisition
IQSTEL is targeting a first-quarter 2027 close for its proposed acquisition of 51% of Ultranet Telecom Group, which had audited 2025 revenue of $130.9 million.
