Sequans publishes transcript of Q2 2026 earnings call

SQNS•2026-08-04

Q2 results and balance sheet

Sequans discussed Q2 2026 results on its earnings call with CEO Georges Karam, CFO Norman Brodt, and IR head David Hanover.

Convertible debt was fully redeemed via Bitcoin sales; quarter-end liquidity was USD 21 million cash, with 314 Bitcoin remaining valued at about USD 20 million.

Q2 revenue was USD 7.5 million, up 23.2% sequentially. Gross margin was 32.9%, operating loss was USD 7.2 million, and net loss was USD 9.6 million.

Outlook and business pipeline

Q3 revenue outlook was set at USD 8.5 million to USD 10 million; the upper end is tied to closing a significant licensing agreement under discussion.

Backlog now extends into 2027. Sequans said it has more than 40 design-win projects in mass production, and it secured its first drone program, with shipments expected early next year.

Sources

Sequans publishes transcript of Q2 2026 earnings call

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Sequans publishes transcript of Q2 2026 earnings call

Q2 results and balance sheet

Outlook and business pipeline

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Sequans publishes transcript of Q2 2026 earnings call

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