Sequans Q3 2026 net loss narrows 91% to $1.48 million; revenue more than doubles to $9.09 million
SQNS•Sequans Communications’ preliminary third-quarter 2026 net loss narrowed 91% year over year to $1.48 million, while revenue more than doubled to $9.09 million. Cash and short-term deposits totaled $39.7 million at September 30, 2026, after the company completed its Bitcoin treasury exit.
1. Quarterly results
Sequans Communications’ preliminary third-quarter 2026 net loss narrowed 91% year over year to $1.48 million, and revenue more than doubled to $9.09 million, driven by higher product sales. The company said it completed its Bitcoin treasury exit, held $39.7 million in cash and short-term deposits at September 30, 2026, and had a growing backlog extending into the second half of 2027.
