iQSTEL (IQST) Gross Margin (2012 - 2026)
iQSTEL (IQST) recorded quarterly Gross Margin of 2.12% in Q1 2026, down 38.51% quarter-over-quarter from 3.46% in Q4 2025, and down 123.0% on a YoY basis from 9.24% in Q1 2025.
iQSTEL (IQST) Gross Margin (2012 - 2026) Analysis & Trends
iQSTEL's Gross Margin history runs 13 years deep, the most recent figure standing at 2.12% for Q1 2026.
- In Q1 2026, Gross Margin fell 123.0% year-over-year to 2.12%; the TTM figure through Mar 2026 stood at 2.69% (down 57.0% YoY), while the FY2025 annual figure was 2.98%, up 6.0% from the prior year.
- Gross Margin was 2.12% for Q1 2026 at iQSTEL, down from 3.46% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 5.99% in Q3 2022 to a low of 3.03% in Q4 2022.
- Historically, Gross Margin has averaged 2.89% across 5 years, with a median of 2.75% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 1643 bps in 2022, then surged 651 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 3.03% in 2022, then surged by 215 bps to 3.48% in 2023, then fell by 4 bps to 3.34% in 2024, then increased by 3 bps to 3.46% in 2025, then tumbled by 39 bps to 2.12% in 2026.
- The last three Gross Margin figures came in at 2.12% (Q1 2026), 3.46% (Q4 2025), and 2.66% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 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 | 2.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.12% |
| Dec 31, 2025 | 3.46% |
| Sep 30, 2025 | 2.66% |
| Jun 30, 2025 | 2.59% |
| Mar 31, 2025 | 3.36% |
| Dec 31, 2024 | 3.34% |
| Sep 30, 2024 | 3.72% |
| Jun 30, 2024 | 2.75% |
| Mar 31, 2024 | 2.68% |
| Dec 31, 2023 | 3.48% |
| Sep 30, 2023 | 2.59% |
| Jun 30, 2023 | 2.39% |
| Mar 31, 2023 | 4.93% |
| Dec 31, 2022 | -3.03% |
| Sep 30, 2022 | 5.99% |
| Jun 30, 2022 | 3.57% |
| Mar 31, 2022 | 2.49% |
| Dec 31, 2021 | 13.40% |
| Sep 30, 2021 | 5.09% |
| Jun 30, 2021 | 0.28% |