Sequans Communications (SQNS) Operating Expenses (2010 - 2025)
Sequans Communications (SQNS) posted Operating Expenses of -$77.1 million for Q4 2025, down 246.88% on a QoQ basis from -$22.2 million in Q3 2025, and down 493.09% year-over-year from $19.6 million in Q4 2024.
Sequans Communications (SQNS) has 16 years of Operating Expenses data on file, last reported at -$77.1 million in Q4 2025.
- In Q4 2025, Operating Expenses fell 493.09% year-over-year to -$77.1 million; the TTM figure through Dec 2025 stood at -$125.4 million (down 288.31% YoY), while the FY2025 annual figure was -$125.1 million, down 399.35% from the prior year.
- Operating Expenses eased to -$77.1 million in Q4 2025, from -$22.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $79.0 million in Q3 2024 and bottomed at -$77.1 million in Q4 2025.
- A 5-year average of $4.4 million and a median of $11.5 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 443.97% — and 2025, when it sank 493.09%.
- Year by year, Operating Expenses stood at $11.9 million in 2021, then climbed by 8.77% to $13.0 million in 2022, then advanced by 3.12% to $13.4 million in 2023, then plunged by 197.3% to -$13.0 million in 2024, then sank by 493.09% to -$77.1 million in 2025.
- The last three Operating Expenses figures came in at -$77.1 million (Q4 2025), -$22.2 million (Q3 2025), and -$14.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 4.59 Bn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 1.59 Bn |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 3.94 Bn |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | 8.48 Bn |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 991.00 Mn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 8.29 Bn |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 1.06 Bn |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 921.40 Mn |
| 10 | Sequans Communications | 78.05 Mn | 64.67 Mn | 2.62 Mn | -77.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -77.13 Mn |
| Sep 30, 2025 | -22.24 Mn |
| Jun 30, 2025 | -13.97 Mn |
| Mar 31, 2025 | -12.02 Mn |
| Dec 31, 2024 | -13.01 Mn |
| Sep 30, 2024 | 79.02 Mn |
| Jun 30, 2024 | -11.84 Mn |
| Mar 31, 2024 | 12.39 Mn |
| Dec 31, 2023 | 13.37 Mn |
| Sep 30, 2023 | 14.53 Mn |
| Jun 30, 2023 | 12.92 Mn |
| Mar 31, 2023 | 13.34 Mn |
| Dec 31, 2022 | 12.96 Mn |
| Sep 30, 2022 | 11.61 Mn |
| Jun 30, 2022 | 10.73 Mn |
| Mar 31, 2022 | 11.43 Mn |
| Dec 31, 2021 | 11.92 Mn |
| Sep 30, 2021 | 10.93 Mn |
| Jun 30, 2021 | 10.65 Mn |
| Mar 31, 2021 | 12.01 Mn |
| Dec 31, 2020 | 12.55 Mn |
| Sep 30, 2020 | 11.83 Mn |
| Jun 30, 2020 | 11.47 Mn |
| Mar 31, 2020 | 12.29 Mn |
| Dec 31, 2019 | 9.65 Mn |
| Sep 30, 2019 | 10.56 Mn |
| Jun 30, 2019 | 9.84 Mn |
| Mar 31, 2019 | 10.29 Mn |
| Dec 31, 2018 | 11.96 Mn |
| Sep 30, 2018 | 11.52 Mn |
| Jun 30, 2018 | 11.95 Mn |
| Mar 31, 2018 | 11.98 Mn |
| Dec 31, 2017 | 10.35 Mn |
| Sep 30, 2017 | 10.57 Mn |
| Jun 30, 2017 | 9.65 Mn |
| Mar 31, 2017 | 10.10 Mn |
| Dec 31, 2016 | 10.20 Mn |
| Sep 30, 2016 | 9.78 Mn |
| Jun 30, 2016 | 10.15 Mn |
| Mar 31, 2016 | 9.61 Mn |
| Dec 31, 2015 | 9.80 Mn |
| Sep 30, 2015 | 8.05 Mn |
| Jun 30, 2015 | 8.77 Mn |
| Mar 31, 2015 | 10.10 Mn |
| Dec 31, 2014 | 9.55 Mn |
| Sep 30, 2014 | 10.51 Mn |
| Jun 30, 2014 | 10.77 Mn |
| Mar 31, 2014 | 10.05 Mn |
| Dec 31, 2013 | 10.39 Mn |
| Sep 30, 2013 | 9.79 Mn |
| Jun 30, 2013 | 10.18 Mn |
| Mar 31, 2013 | 9.97 Mn |
| Dec 31, 2012 | 10.11 Mn |
| Sep 30, 2012 | 9.79 Mn |
| Jun 30, 2012 | 11.77 Mn |
| Mar 31, 2012 | 11.37 Mn |
| Dec 31, 2011 | 10.96 Mn |
| Sep 30, 2011 | 12.20 Mn |
| Jun 30, 2011 | 12.38 Mn |
| Mar 31, 2011 | 10.75 Mn |
| Dec 31, 2010 | 10.97 Mn |
| Sep 30, 2010 | 7.57 Mn |
| Jun 30, 2010 | 8.70 Mn |
| Mar 31, 2010 | 8.17 Mn |