China was Sequans Communications’s largest region in fiscal 2025, bringing in $7.26M of $17.08M (43%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| China | $24.02M | $21.70M | $11.46M | $7.26M | ||||||
| United States Of America | — | — | — | — | ||||||
| China (Including Hong-Kong) | — | — | — | — | ||||||
| U.S. Dollar Denominated Accounts | — | — | — | — | ||||||
| Taiwan | — | $29.00K | $468.00K | $893.00K | ||||||
| America | $1.07M | — | — | — | ||||||
| Korea | — | — | — | — | ||||||
| South Korea | — | — | — | — | ||||||
| Germany | $15.53M | $1.00M | $687.00K | $629.00K | ||||||
| Rest Of World (No Single Country Representing More Than 10%) | — | $841.00K | $1.70M | $2.94M | ||||||
| Rest Of World | $983.00K | — | — | — | ||||||
| Europe, Middle East, Africa | — | — | — | — | ||||||
| France | — | $1.29M | $1.41M | $2.96M | ||||||
| Rest Of Asia | $2.21M | $43.00K | $47.00K | $436.00K | ||||||
| Asia Pacific | — | — | — | — | ||||||
| Japan | — | $49.00K | $696.00K | $1.96M | ||||||
| Latin America | — | — | — | — | ||||||
| Total | $43.80M | $24.95M | $16.46M | $17.08M |
Sequans Communications brought in $17.08M from its seven regions in fiscal 2025, the year ended December 31, 2025. That is less than the $26.33M it reports by products and services [axis], so these regions do not cover all of its revenue. China was the largest at $7.26M (42.5%), ahead of France at $2.96M (17.3%) and Rest Of World (No Single Country Representing More Than 10%) at $2.94M (17.2%). The other four regions brought in $3.92M combined.
Compared with fiscal 2024, Rest Of Asia grew fastest, up 827.7% to $436.00K, while China fell the most, down 36.6% to $7.26M.
Sequans Communications began breaking out Rest Of World (No Single Country Representing More Than 10%) in fiscal 2023, France in fiscal 2023 and Japan in fiscal 2023. Sequans Communications stopped reporting America ($1.07M in fiscal 2022) and Rest Of World ($983.00K in fiscal 2022) as separate regions.
Cellular Iot Systems was Sequans Communications’s largest revenue line in fiscal 2025, bringing in $22.71M of $26.33M (86%).
| Products and services [axis] | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Product | — | — | — | — | ||||||
| Cellular Iot Systems | — | $33.62M | $36.83M | $22.71M | ||||||
| Iot | — | — | — | — | ||||||
| Broadband & Critical Iot | — | — | — | — | ||||||
| Broadband | — | — | — | — | ||||||
| Products | $22.97M | — | — | — | ||||||
| License & Services Revenue | $37.58M | — | — | — | ||||||
| Services & License Revenue | — | — | — | — | ||||||
| Other Revenue | — | — | — | — | ||||||
| Development & Other Services | — | — | — | — | ||||||
| Vertical | — | — | — | — | ||||||
| Radio Transceivers For All Wireless Systems | — | — | — | $3.62M | ||||||
| License | — | — | — | — | ||||||
| Total | $60.55M | $33.62M | $36.83M | $26.33M |
Sequans Communications brought in $26.33M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. Sequans Communications regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $36.83M. Cellular Iot Systems was the largest at $22.71M (86.3%), ahead of Radio Transceivers For All Wireless Systems at $3.62M (13.7%).
Sequans Communications began breaking out Cellular Iot Systems in fiscal 2023 and Radio Transceivers For All Wireless Systems in fiscal 2025. Sequans Communications stopped reporting License & Services Revenue ($37.58M in fiscal 2022) and Products ($22.97M in fiscal 2022) as separate revenue lines.
Asia was Sequans Communications’s largest region in fiscal 2017, bringing in $32.58M of $48.26M (67%).
| Geography | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|
| Asia | $24.94M | $33.32M | $32.58M |
| Americas | $3.95M | $6.67M | $10.05M |
| Europe, Middle East, Africa | $3.64M | $5.59M | $5.64M |
| Total | $32.53M | $45.58M | $48.26M |
Sequans Communications brought in $48.26M from its three regions in fiscal 2017, the year ended December 31, 2017. That was up 5.9% from $45.58M in fiscal 2016. Asia was the largest at $32.58M (67.5%), ahead of Americas at $10.05M (20.8%) and Europe, Middle East, Africa at $5.64M (11.7%).
Compared with fiscal 2016, Americas grew fastest, up 50.6% to $10.05M, while Asia fell the most, down 2.2% to $32.58M. From fiscal 2015 to 2017, combined revenue from these regions grew from $32.53M to $48.26M, a compound annual growth rate of 21.8%. Asia's share of the total fell from 76.7% to 67.5%.
Sequans Communications (SQNS) reports its revenue by geography and by products and services [axis]. In fiscal 2025, China was its largest region, bringing in $7.26M (42.5% of the total), followed by France at $2.96M (17.3%).
China was Sequans Communications' largest region in fiscal 2025, bringing in $7.26M, or 42.5% of the $17.08M total across its seven regions.
Cellular Iot Systems was Sequans Communications' largest revenue line in fiscal 2025, bringing in $22.71M, or 86.3% of the $26.33M total across its two revenue lines.
Among Sequans Communications' regions that make up at least 2% of revenue, Rest Of Asia grew fastest in fiscal 2025, up 827.7% from $47.00K to $436.00K.
Every figure comes from Sequans Communications' annual financial filings, as reported. Each line keeps the name Sequans Communications gives it, and years follow its fiscal calendar.
Sequans Communications' revenue by geography goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.