iQSTEL Posts 59% Revenue Jump to $207M in H1 2026, Forms Holding Company to Drive M&A and Digital Services Growth
IQST sits 40% above its 52-week low of $0.87 on elevated volume (28× avg).
Summary
iQSTEL posted preliminary H1 2026 revenue of $207M (+59% YoY) and created a new holding company to support M&A and digital services expansion, as it prepares to close the ULTRANET acquisition and surpass a $500M revenue run rate.
Key Events · Earnings and Guidance · IQST
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Preliminary H1 2026 Revenue Hits $207M
Net revenue reached approximately $207 million for the first six months of 2026, up 59% from $130 million in H1 2025, driven by organic growth across telecom and digital services.
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Holding Company Created to Support Growth
Effective July 2, 2026, the company formed IQSTEL Operating Holdings Inc. (IOH) as a wholly owned subsidiary to enhance financial transparency, simplify M&A, and improve access to institutional financing.
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Pro Forma Revenue Run Rate to Exceed $500M
Upon closing the ULTRANET acquisition expected in Q3 2026, iQSTEL projects a pro forma annual revenue run rate of approximately $560 million and adjusted EBITDA approaching $9 million.
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Asset Base Strengthens with ULTRANET
Consolidated assets are approximately $44.5 million pre-acquisition, rising to about $65.5 million pro forma after the ULTRANET deal, supporting better financing terms.
Analysis · IQST · Technology
Preliminary first-half 2026 revenue hit $207 million, a 59% leap from $130 million a year ago, putting the company on pace to exceed a half-billion-dollar annual run rate once the ULTRANET acquisition closes this quarter. Management also completed the formation of IQSTEL Operating Holdings, a new subsidiary designed to streamline future acquisitions, improve access to institutional financing, and give shareholders clearer visibility into its expanding portfolio of telecom and digital services businesses. With a going-concern warning still hanging over the stock, this strong top-line growth and the structural overhaul signal an aggressive push to scale the business and address its financial vulnerabilities.
At the time of this filing, IQST was trading at $1.22 on NASDAQ in the Technology sector, with a market capitalization of approximately $11.8M. The 52-week trading range was $0.87 to $10.38. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.