{"id":551104,"date":"2026-05-27T04:12:08","date_gmt":"2026-05-27T04:12:08","guid":{"rendered":"https:\/\/www.harrisburgnewsnow.com\/news\/story\/551104\/979-million-q1-revenue-delivering-699-growth-in-transformational-evolution-of-company-to-a-powerful-global-digital-services-leader-iqstel-inc-nasdaq-iqst.html"},"modified":"2026-05-27T04:12:08","modified_gmt":"2026-05-27T04:12:08","slug":"979-million-q1-revenue-delivering-699-growth-in-transformational-evolution-of-company-to-a-powerful-global-digital-services-leader-iqstel-inc-nasdaq-iqst","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/551104\/979-million-q1-revenue-delivering-699-growth-in-transformational-evolution-of-company-to-a-powerful-global-digital-services-leader-iqstel-inc-nasdaq-iqst.html","title":{"rendered":"$97.9 Million Q1 Revenue Delivering 69.9% Growth in Transformational Evolution of Company to a Powerful Global Digital Services Leader: IQSTEL, Inc. (Nasdaq: IQST)"},"content":{"rendered":"<div style=\"float:right;width:250px;padding:8px 10px 10px 10px\"><a rel=\"nofollow noopener\" href=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/05\/1779765501.jpg\" style=\"border:none !important\" target=\"_blank\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-29\" title=\"$97.9 Million Q1 Revenue Delivering 69.9% Growth in Transformational Evolution of Company to a Powerful Global Digital Services Leader: IQSTEL, Inc. (Nasdaq: IQST)\" src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/05\/1779765501.jpg\" alt=\"$97.9 Million Q1 Revenue Delivering 69.9% Growth in Transformational Evolution of Company to a Powerful Global Digital Services Leader: IQSTEL, Inc. (Nasdaq: IQST)\" width=\"225\" height=\"213\" \/><\/a><\/div>\n<div style=\"clear:both\"><\/div>\n<div style=\"font-style:italic;padding:8px 0px\">$IQST On Track for $430 Million Revenue Target in Fiscal 2026 with Improved EBITDA via Operating Leverage, Disciplined Execution and Higher-Margin Digital Services<\/div>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>IQST Delivers Diversified Business with Divisions Focused on Telecommunications, Fintech, Electric Vehicles, Artificial Intelligence and More. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Partnership with Call Center in U.S. Health Services to Implement Next-Generation AI Solutions Using IQST Proprietary AI Technology. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Plan Toward $15 Million EBITDA Run Rate in 2026 and $1 Billion Revenue Goal in 2027. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Fintech Division Accelerates EBITDA Growth with Globetopper Contribution.<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Litchfield Hills Research Issues Recommendation and Detailed Report on IQSTEL (IQST) with $18 Price Target. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Q1 2026 Revenue of $97.9 Million for Growth of 69.9% with Acceleration of Focus on Global Digital Services Distribution. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>$430 Million Revenue Target for Fiscal 2026 with Stronger EBITDA Performance. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Expanding Global Commercial Platform to Commercialize AI, Fintech, Cybersecurity, Digital Health and Advanced Digital Services. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Over 600 of the World&rsquo;s Largest Telecom Operators with Deep Integration Into Billing Systems and Network Operations. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Presence in 21 Countries Across 4 Continents Commercial Offices in Miami, Caracas, Buenos Aires, London, Istanbul, and Dubai.<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Potential Commercial Reach to Approximately 2.3 Billion End Users Through Partner Networks.<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Adoption of Proprietary AI Agents by Leading European Companies in Partnership with Alhambra IT<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Launch of IQCortex.ai at Mobile World Congress &#8212; New AI Proprietary Platform Redefining Business Operations and Control Through Intelligent Orchestration. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>AI Division Targeted to Generate Seven-Figure Annual Revenue by 2027.<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<ul style=\"text-align: justify\">\n<li><strong>Debt-Free Nasdaq Company with No Convertible Notes or Warrants. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\">&nbsp;<\/p>\n<p style=\"text-align: justify\">IQSTEL, Inc. (Nasdaq: <strong>IQST)<\/strong> offers cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries<strong>,<\/strong> <strong>IQST <\/strong>delivers high-value, high-margin services to its extensive global customer base.<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> has been building a strong business platform with its customers, selling them millions of dollars per month, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. <strong>IQST <\/strong>is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.<\/p>\n<p style=\"text-align: justify\"><img src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/05\/a134dc577a71fe6649e9754c4e07c80d.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> has announced that its Fintech Division is positioned to play a key role in achieving the Company&#8217;s goal of reaching a $15 million EBITDA run rate in 2026.<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> completed the acquisition of Globetopper on July 1, 2025, and has since been accelerating its growth as part of the Company&#8217;s strategic roadmap. Globetopper is expected to contribute approximately $16 million in Q3 2025 revenue and deliver $110,000 in EBITDA, making it cash flow positive for the quarter.<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> plans to leverage its business platform &mdash; which already reaches over 600 of the largest telecom operators worldwide &mdash; to offer Globetopper&#8217;s fintech services directly to its telecom customers.<\/p>\n<p style=\"text-align: justify\"><strong>Q1 2026 Revenue of $97.9 Million for Growth of 69.9% with Acceleration of Transformation Into a Global Digital Services Distribution Powerhouse<\/strong><\/p>\n<p style=\"text-align: justify\">On May 21st<strong> IQST <\/strong>announcedits financial results for the first quarter ended March 31, 2026, highlighting strong revenue growth and a strategic transformation that positions <strong>IQST<\/strong> as a powerful global distribution channel for next-generation digital services.<\/p>\n<p style=\"text-align: justify\">Financial Performance Overview<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> continued to execute on its growth strategy, expanding its commercial reach and strengthening its position as a platform capable of scaling digital services globally.<\/p>\n<table>\n<thead>\n<tr>\n<td>\n<p class=\"caps\"><strong>Metric<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Q1 2026<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Q1 2025<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Growth<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p>Revenue<\/p>\n<\/td>\n<td>\n<p>$97.9 million<\/p>\n<\/td>\n<td>\n<p>$57.6 million<\/p>\n<\/td>\n<td>\n<p><strong>+69.9%<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Gross Profit<\/p>\n<\/td>\n<td>\n<p>$2.08 million<\/p>\n<\/td>\n<td>\n<p>$1.93 million<\/p>\n<\/td>\n<td>\n<p><strong>+7.8%<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify\">Gross profit reflects the current <strong>IQST<\/strong> revenue mix, while management&rsquo;s strategic focus on expanding higher-margin digital services is expected to progressively improve margin profile, EBITDA generation, and operating leverage over time.<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> has created a powerful global commercial infrastructure that represents one of its most valuable strategic assets: a trusted distribution platform capable of delivering technology services at scale across the global telecommunications ecosystem.<\/p>\n<p style=\"text-align: justify\">The <strong>IQST<\/strong> platform currently includes:<\/p>\n<p style=\"text-align: justify\">Over 600 of the world&rsquo;s largest telecom operators, with deep integration into billing systems and network operations, supported by a strong credit history and established financial credibility.<\/p>\n<p style=\"text-align: justify\">Presence in 21 countries across 4 continents, with 6 strategically located commercial offices in Miami, Caracas, Buenos Aires, London, Istanbul, and Dubai.<\/p>\n<p style=\"text-align: justify\">Potential commercial reach to approximately 2.3 billion end users through partner networks.<\/p>\n<p style=\"text-align: justify\">An annualized revenue run rate approaching $400 million.<\/p>\n<p style=\"text-align: justify\">Outlook: Positioned for Accelerated Growth<\/p>\n<p style=\"text-align: justify\">For fiscal year 2026, <strong>IQST<\/strong> remains committed to its previously announced $430 million revenue target, while continuing to improve EBITDA performance through operating leverage, disciplined execution, and the commercialization of higher-margin digital services.<\/p>\n<p style=\"text-align: justify\">Historically, the <strong>IQST<\/strong> first quarter has represented one of the softer seasonal periods. Even within that seasonal context, <strong>IQST<\/strong> first-quarter performance reinforces management&rsquo;s confidence in achieving its 2026 growth objectives.<\/p>\n<p style=\"text-align: justify\">Looking beyond 2026, <strong>IQST<\/strong> remains committed to its long-term strategic vision of building a $1 billion annual revenue business, supported by an increasingly diversified mix of higher-margin digital technology services designed to drive stronger profitability, operating leverage, and long-term shareholder value.<\/p>\n<p style=\"text-align: justify\"><strong>Adoption of Proprietary AI Agents by Leading European Companies in Partnership with Alhambra IT<\/strong><\/p>\n<p style=\"text-align: justify\">On May 12th <strong>IQST<\/strong> announced that several leading companies in Europe have begun deploying <strong>IQST<\/strong> proprietary AI-powered digital agents in partnership with Alhambra IT to enhance customer service operations.<\/p>\n<p style=\"text-align: justify\">The implementation, led by Jos&eacute; Enrique Puente, CEO of the <strong>IQST <\/strong>AI Division, and supported commercially through collaboration with Alhambra IT, a leading technology company in Spain, demonstrates how <strong>IQST<\/strong> is successfully translating its technological capabilities into real-world enterprise solutions. This collaboration reflects the growing momentum of AI-powered communication technologies across Europe, including those recently highlighted at ASLAN in Madrid during March 2026.<\/p>\n<p style=\"text-align: justify\">Together, they are implementing <strong>IQST <\/strong>AI-powered telephone support system to ensure that no customer inquiry goes unanswered, particularly during periods when live agents are unavailable. The <strong>IQST<\/strong> solution enables virtual AI agents to deliver an immediate, courteous, and professional first response to every caller, creating a seamless bridge between initial contact and human follow-up. As part of this deployment, Alhambra IT is integrating its telecom infrastructure with the <strong>IQST<\/strong> telecommunications platform and deploying a dedicated management interface for clients, enabling access to operational data and configuration tools for <strong>IQST<\/strong> AI agents. Rather than replacing human interaction, the system enhances it&mdash;capturing the essential context of each request and allowing each organization&#8217;s support team to respond more efficiently and with greater insight.<\/p>\n<p style=\"text-align: justify\"><img src=\"https:\/\/www.globalnewslines.com\/uploads\/2026\/05\/183114ef4909d5ac30a089cd231c23c5.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify\">These new customer adoptions further validate the <strong>IQST<\/strong> long-term strategy of transforming the Company from a traditional telecom operator into a highly specialized global distribution platform for high-tech, high-margin services for the telecom industry, with a potential reach of more than 2.3 billion users through <strong>IQST <\/strong>customers worldwide.<\/p>\n<p style=\"text-align: justify\"><strong>Launch of IQCortex.ai at Mobile World Congress &#8212; New AI Proprietary Platform Redefining Business Operations and Control Through Intelligent Orchestration<\/strong><\/p>\n<p style=\"text-align: justify\">On February 26th <strong>IQST<\/strong> announced the official launch of IQCortex (<a rel=\"nofollow noopener\" href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4627014-1&amp;h=2524980004&amp;u=http%3A%2F%2Fwww.iqcortex.ai%2F&amp;a=www.IQCortex.ai\" target=\"_blank\"><strong>www.IQCortex.ai<\/strong><\/a>), a next-generation AI orchestration proprietary platform designed to fundamentally transform how enterprises manage operations, control risk, and execute decisions at scale.<\/p>\n<p style=\"text-align: justify\">IQCortex will be formally introduced to the global telecommunications and technology community by <strong>IQST<\/strong> next week at Mobile World Congress (MWC) Barcelona, one of the world&#8217;s largest and most influential industry events.<\/p>\n<p style=\"text-align: justify\">The <strong>IQST<\/strong> IQCortex is not simply another AI tool &mdash; it represents a shift in how businesses operate.<\/p>\n<p style=\"text-align: justify\">Through its orchestration strategy, the <strong>IQST<\/strong> IQCortex continuously analyzes operational signals in real time and converts them into structured, governed actions. Instead of generating isolated recommendations, the platform coordinates decisions across systems &mdash; ensuring that every action is aligned with policy, traceable, and fully accountable.<\/p>\n<p style=\"text-align: justify\">This approach redefines operational control. Organizations no longer need to choose between speed and governance. IQCortex enables both.<\/p>\n<p style=\"text-align: justify\">From Monitoring Data to Orchestrating Action<\/p>\n<p style=\"text-align: justify\">Traditional systems monitor data. <strong>IQST<\/strong> IQCortexorchestrates action.<\/p>\n<p style=\"text-align: justify\">Built for the Tools Teams Already Use<\/p>\n<p style=\"text-align: justify\"><strong>IQST <\/strong>IQCortex integrates directly into enterprise environments &mdash; including Microsoft Copilot, ServiceNow, Jira Service Management, Grafana, Slack, and internal systems &mdash; without requiring new dashboards or disruptive system replacements.<\/p>\n<p style=\"text-align: justify\">Built on the Model Context Protocol (MCP), <strong>IQST<\/strong> IQCortex securely connects to approved enterprise tools and data sources, delivering governed intelligence directly within existing workflows.<\/p>\n<p style=\"text-align: justify\">The result: a smarter operational backbone &mdash; without organizational friction.<\/p>\n<p style=\"text-align: justify\">Designed for High-Stakes Industries<\/p>\n<p style=\"text-align: justify\"><strong>IQST<\/strong> IQCortex delivers value across industries where operational precision and compliance are critical including Telecommunications, Financial Services, Cybersecurity, Healthcare, Government &amp; Public Sector and Critical Infrastructure. In these environments, decisions must be fast &mdash; but they must also be explainable. <strong>IQST <\/strong>IQCortex provides both.<\/p>\n<p style=\"text-align: justify\">For more information about the <strong>IQST<\/strong> AI services portfolio visit: <a rel=\"nofollow noopener\" href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4627014-1&amp;h=356906475&amp;u=http%3A%2F%2Fwww.aiservices.iqstel.com%2F&amp;a=www.aiservices.iqstel.com\" target=\"_blank\"><strong>www.aiservices.iqstel.com<\/strong><\/a><\/p>\n<p style=\"text-align: justify\"><strong>For more information on $IQST visit: <\/strong><a rel=\"nofollow\" href=\"http:\/\/www.IQSTEL.com\"><strong>www.IQSTEL.com<\/strong><\/a> and <a rel=\"nofollow noopener\" href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4527923-1&amp;h=99740722&amp;u=http%3A%2F%2Fwww.landingpage.iqstel.com%2F&amp;a=www.landingpage.iqstel.com\" target=\"_blank\"><strong>www.landingpage.iqstel.com<\/strong><\/a><\/p>\n<p style=\"text-align: justify\"><strong>Email: investors@iqstel.com<\/strong><\/p>\n<p style=\"text-align: justify\">DISCLAIMER: <a rel=\"nofollow\" href=\"https:\/\/corporateads.com\/disclaimer\/\">https:\/\/corporateads.com\/disclaimer\/<\/a><\/p>\n<p style=\"text-align: justify\">Disclosure listed on the CorporateAds website<\/p>\n<p><span style='font-size:18px !important'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> IQSTEL Inc.<br \/><strong>Contact Person:<\/strong> Leandro Jose Iglesias, President and CEO<br \/><strong>Email:<\/strong> <a rel=\"nofollow\" href='http:\/\/www.universalpressrelease.com\/?pr=979-million-q1-revenue-delivering-699-growth-in-transformational-evolution-of-company-to-a-powerful-global-digital-services-leader-iqstel-inc-nasdaq-iqst'>Send Email<\/a><br \/><strong>Phone:<\/strong> +1 954-951-8191<br \/><strong>Address:<\/strong>300 Aragon Avenue Suite 375  <br \/><strong>City:<\/strong> Coral Gables<br \/><strong>State:<\/strong> Florida 33134<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a rel=\"nofollow noopener\" href=\"http:\/\/www.iQSTEL.com\" target=\"_blank\">www.iQSTEL.com<\/a><\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/www.getnews.info\/press_stat.php?pr=979-million-q1-revenue-delivering-699-growth-in-transformational-evolution-of-company-to-a-powerful-global-digital-services-leader-iqstel-inc-nasdaq-iqst\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$IQST On Track for $430 Million Revenue Target in Fiscal 2026 with Improved EBITDA via Operating Leverage, Disciplined Execution and Higher-Margin Digital Services &nbsp; IQST Delivers Diversified Business with Divisions<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/551104"}],"collection":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/comments?post=551104"}],"version-history":[{"count":0,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/551104\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/media?parent=551104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/categories?post=551104"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/tags?post=551104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}