StockWatch
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Telecommunications Equipment
Quarterly UpdatesJul 16, 2026, 05:21 PM

IQSTEL H1 2026 Revenue $207M, up 59%; $560M annual run rate

AI Summary

iQSTEL Inc. announced preliminary net revenue of approximately $207 million for the first half of 2026, representing a 59% year-over-year growth. The company projects an annual revenue run rate of $560 million and an EBITDA run rate exceeding $8 million following the anticipated ULTRANET acquisition in Q3 2026. Additionally, iQSTEL completed the creation of IQSTEL Operating Holdings Inc., a new subsidiary intended to enhance financial transparency, improve financing access, and streamline future M&A and Digital Services expansion.

Key Highlights

  • Reported preliminary net revenue of approximately $207 million for the first half of 2026.
  • Achieved approximately 59% year-over-year revenue growth compared to the same period in 2025.
  • Anticipates surpassing a $560 million annual revenue run rate post-ULTRANET acquisition.
  • Expects to exceed an $8 million annual EBITDA run rate after the ULTRANET acquisition.
  • Successfully completed the creation of IQSTEL Operating Holdings Inc. (IOH), a wholly-owned subsidiary.
  • IOH is designed to enhance financial transparency and improve access to traditional financing.
  • IOH aims to simplify future M&A activity and support the expansion of Digital Services.
  • The ULTRANET acquisition is expected to close during the third quarter of 2026.