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iQSTEL Inc (IQST) Stock Fundamental Analysis & AI Rating 2026

IQST Nasdaq Telephone Communications (No Radiotelephone) NV CIK: 0001527702
Updated This Month • Analysis: Mar 29, 2026 • SEC Data: 2025-09-30
Combined AI Rating
SELL
84% Confidence
AGREEMENT
STRONG SELL
85% Conf
SELL
84% Conf

📊 IQST Key Takeaways

Revenue: $232.7M
Net Margin: -2.5%
Free Cash Flow: $-2.7M
Current Ratio: 1.04x
Debt/Equity: 0.15x
EPS: $-1.97
AI Rating: STRONG SELL with 85% confidence
iQSTEL Inc (IQST) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $232.7M, net profit margin of -2.5%, and return on equity (ROE) of -32.6%, iQSTEL Inc demonstrates mixed fundamentals in the Telecom sector. Below is our complete IQST stock analysis for 2026.

Is iQSTEL Inc (IQST) a Good Investment?

Claude

iQSTEL exhibits severe operational distress despite impressive revenue growth of 96% YoY, with negative profitability across all levels (gross margin 2.8%, operating margin -0.8%, net margin -2.5%). The company is burning cash with negative operating cash flow of -2.6M and negative free cash flow, indicating the growth is unprofitable and unsustainable without significant operational restructuring.

ChatGPT

iQSTEL is delivering very strong top-line growth, but the quality of that growth is weak because gross margin is only 2.8% and the business remains unprofitable at the operating, net income, and free cash flow levels. Balance sheet leverage is modest, but thin liquidity, negative interest coverage, and ongoing cash burn leave limited room for execution errors unless margins improve materially.

Why Buy iQSTEL Inc Stock? IQST Key Strengths

Claude
  • + Strong revenue growth of 96% YoY demonstrates market demand or successful business expansion
  • + Conservative balance sheet with low debt-to-equity ratio of 0.15x providing financial flexibility
  • + Adequate liquidity with current ratio of 1.04x meeting minimum operational needs
ChatGPT
  • + Revenue growth is very strong at +96.0% YoY, indicating expanding scale and customer activity
  • + Debt load is relatively low with debt-to-equity of 0.15x and long-term debt of $2.71M
  • + Positive equity base of $17.85M provides some balance sheet support

IQST Stock Risks: iQSTEL Inc Investment Risks

Claude
  • ! Severe profitability crisis: negative gross margin of 2.8% indicates fundamental pricing or cost structure problems
  • ! Negative cash generation: operating cash flow of -2.6M with negative free cash flow of -2.7M unsustainable long-term
  • ! Deteriorating shareholder value: ROE of -32.6% and ROA of -12.4% with worsening diluted EPS trend (-300% YoY)
  • ! Ultra-thin gross margins suggest the business model or competitive positioning is fundamentally challenged
ChatGPT
  • ! Extremely low gross margin of 2.8% suggests weak pricing power and limited earnings resilience
  • ! Operating cash flow and free cash flow are negative, showing growth is not yet converting into cash
  • ! Current ratio of 1.04x and interest coverage of -0.5x indicate tight liquidity and weak ability to absorb financial stress

Key Metrics to Watch

Claude
  • * Gross margin trend and cost of goods sold reduction initiatives
  • * Operating cash flow return to positive territory and path to profitability
  • * Operating expenses as percentage of revenue and management's ability to achieve operational leverage
ChatGPT
  • * Gross margin and operating margin improvement
  • * Operating cash flow and current ratio

iQSTEL Inc (IQST) Financial Metrics & Key Ratios

Revenue
$232.7M
Net Income
$-5.8M
EPS (Diluted)
$-1.97
Free Cash Flow
$-2.7M
Total Assets
$46.9M
Cash Position
$2.3M

💡 AI Analyst Insight

iQSTEL Inc presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

IQST Profit Margin, ROE & Profitability Analysis

Gross Margin 2.8%
Operating Margin -0.8%
Net Margin -2.5%
ROE -32.6%
ROA -12.4%
FCF Margin -1.2%

IQST vs Telecom Sector: How iQSTEL Inc Compares

How iQSTEL Inc compares to Telecom sector averages

Net Margin
IQST -2.5%
vs
Sector Avg 14.0%
IQST Sector
ROE
IQST -32.6%
vs
Sector Avg 15.0%
IQST Sector
Current Ratio
IQST 1.0x
vs
Sector Avg 1.0x
IQST Sector
Debt/Equity
IQST 0.2x
vs
Sector Avg 1.2x
IQST Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is iQSTEL Inc Stock Overvalued? IQST Valuation Analysis 2026

Based on fundamental analysis, iQSTEL Inc has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
-32.6%
Sector avg: 15%
Net Profit Margin
-2.5%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.15x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

iQSTEL Inc Balance Sheet: IQST Debt, Cash & Liquidity

Current Ratio
1.04x
Quick Ratio
1.04x
Debt/Equity
0.15x
Debt/Assets
61.9%
Interest Coverage
-0.52x
Long-term Debt
$2.7M

IQST Revenue & Earnings Growth: 5-Year Financial Trend

IQST 5-year financial data: Year 2021: Revenue $64.7M, Net Income -$6.6M, EPS N/A. Year 2022: Revenue $93.2M, Net Income -$3.8M, EPS $-0.03. Year 2023: Revenue $144.5M, Net Income -$6.0M, EPS $-0.04. Year 2024: Revenue $283.2M, Net Income -$763.3K, EPS $-0.01. Year 2025: Revenue $316.9M, Net Income -$5.2M, EPS $-2.86.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: iQSTEL Inc's revenue has grown significantly by 390% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.86 indicates the company is currently unprofitable.

IQST Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1.2%
Free cash flow / Revenue

IQST Quarterly Earnings & Performance

Quarterly financial performance data for iQSTEL Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $54.2M -$580.2K $-0.40
Q2 2025 $72.2M -$580.2K $-0.82
Q1 2025 $51.4M -$580.2K $-0.37
Q3 2024 $39.8M $45.9K $-0.01
Q2 2024 $32.8M -$158.8K $0.00
Q1 2024 $24.7M -$158.8K $0.00
Q3 2023 $21.9M -$62.0K $0.00
Q2 2023 $23.7M -$213.9K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

iQSTEL Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.6M
Cash generated from operations
Capital Expenditures
$111.4K
Investment in assets
Dividends
None
No dividend program

IQST SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for iQSTEL Inc (CIK: 0001527702)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 8-K iqst8k041026.htm View →
Apr 6, 2026 10-K iqst10k_123125.htm View →
Mar 6, 2026 8-K iqst8k030626.htm View →
Feb 4, 2026 8-K iqst8k013026.htm View →
Feb 3, 2026 8-K iqst8k020326.htm View →

Frequently Asked Questions about IQST

What is the AI rating for IQST?

iQSTEL Inc (IQST) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are IQST's key strengths?

Claude: Strong revenue growth of 96% YoY demonstrates market demand or successful business expansion. Conservative balance sheet with low debt-to-equity ratio of 0.15x providing financial flexibility. ChatGPT: Revenue growth is very strong at +96.0% YoY, indicating expanding scale and customer activity. Debt load is relatively low with debt-to-equity of 0.15x and long-term debt of $2.71M.

What are the risks of investing in IQST?

Claude: Severe profitability crisis: negative gross margin of 2.8% indicates fundamental pricing or cost structure problems. Negative cash generation: operating cash flow of -2.6M with negative free cash flow of -2.7M unsustainable long-term. ChatGPT: Extremely low gross margin of 2.8% suggests weak pricing power and limited earnings resilience. Operating cash flow and free cash flow are negative, showing growth is not yet converting into cash.

What is IQST's revenue and growth?

iQSTEL Inc reported revenue of $232.7M.

Does IQST pay dividends?

iQSTEL Inc does not currently pay dividends.

Where can I find IQST SEC filings?

Official SEC filings for iQSTEL Inc (CIK: 0001527702) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is IQST's EPS?

iQSTEL Inc has a diluted EPS of $-1.97.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is IQST a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, iQSTEL Inc has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is IQST stock overvalued or undervalued?

Valuation metrics for IQST: ROE of -32.6% (sector avg: 15%), net margin of -2.5% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy IQST stock in 2026?

Our dual AI analysis gives iQSTEL Inc a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is IQST's free cash flow?

iQSTEL Inc's operating cash flow is $-2.6M, with capital expenditures of $111.4K. FCF margin is -1.2%.

How does IQST compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -2.5% (avg: 14%), ROE -32.6% (avg: 15%), current ratio 1.04 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 29, 2026 | Data as of: 2025-09-30 | Powered by Claude AI