iQSTEL (IQST) Cost of Revenue (2012 - 2026)
iQSTEL (IQST) recorded quarterly Cost of Revenue of $95.8 million in Q1 2026, up 17.87% quarter-over-quarter from $81.3 million in Q4 2025, and up 72.07% on a YoY basis from $55.7 million in Q1 2025.
iQSTEL (IQST) Cost of Revenue (2012 - 2026) Analysis & Trends
iQSTEL's Cost of Revenue history runs 14 years deep, the most recent figure standing at $95.8 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 72.07% year-over-year to $95.8 million; the TTM figure through Mar 2026 stood at $347.6 million (up 25.53% YoY), while the FY2025 annual figure was $307.4 million, up 11.82% from the prior year.
- Cost of Revenue was $95.8 million for Q1 2026 at iQSTEL, up from $81.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $100.1 million in Q3 2025 to a low of $18.9 million in Q1 2022.
- Historically, Cost of Revenue has averaged $53.3 million across 5 years, with a median of $50.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 362.01% in 2022, then slipped 12.09% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $29.0 million in 2022, then surged by 57.27% to $45.6 million in 2023, then jumped by 102.77% to $92.5 million in 2024, then fell by 12.09% to $81.3 million in 2025, then increased by 17.87% to $95.8 million in 2026.
- The last three Cost of Revenue figures came in at $95.8 million (Q1 2026), $81.3 million (Q4 2025), and $100.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 5.49 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 6.51 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 6.26 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 682.34 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 3.36 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 1.18 Bn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | iQSTEL | 4.71 Mn | 8.92 Mn | 2.08 Mn | 95.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.84 Mn |
| Mar 31, 2026 | 95.84 Mn |
| Dec 31, 2025 | 81.31 Mn |
| Dec 31, 2025 | 81.31 Mn |
| Sep 30, 2025 | 100.13 Mn |
| Sep 30, 2025 | 100.13 Mn |
| Jun 30, 2025 | 70.31 Mn |
| Jun 30, 2025 | 70.31 Mn |
| Mar 31, 2025 | 55.70 Mn |
| Mar 31, 2025 | 55.70 Mn |
| Dec 31, 2024 | 92.49 Mn |
| Dec 31, 2024 | 92.49 Mn |
| Sep 30, 2024 | 52.23 Mn |
| Sep 30, 2024 | 52.23 Mn |
| Jun 30, 2024 | 76.47 Mn |
| Jun 30, 2024 | 76.47 Mn |
| Mar 31, 2024 | 50.04 Mn |
| Mar 31, 2024 | 50.04 Mn |
| Dec 31, 2023 | 45.61 Mn |
| Dec 31, 2023 | 45.61 Mn |