$97.9 Million Q1 Revenue Growth Reinforces Transformation Into a Global AI & Digital Services Powerhouse: IQSTEL, Inc. (N A S D A Q: IQST)
The Californer/10348563

CORAL GABLES, Fla. - Californer --

• Q1 2026 Revenue of $97.9 Million Delivering 69.9% Year-Over-Year Growth
• Positioned for $430 Million Revenue Target in Fiscal 2026
• Expanding Higher-Margin AI, Fintech, Cybersecurity and Digital Services Ecosystem
• Over 600 Global Telecom Operator Relationships Across 21 Countries
• Potential Commercial Reach of Approximately 2.3 Billion End Users Worldwide
• AI Division Launches IQCortex.ai Proprietary Enterprise Orchestration Platform
• Fintech Expansion Through Globetopper Acquisition Expected to Accelerate EBITDA Growth
• Long-Term Goal of $1 Billion Annual Revenue by 2027
• Debt-Free Nasdaq Company with No Convertible Notes or Warrants
• Litchfield Hills Research Issues $18 Price Target on IQST

IQSTEL, Inc. (N A S D A Q: IQST) continues rapidly evolving into a diversified global technology and digital services leader with operations spanning telecommunications, fintech, artificial intelligence, cybersecurity, blockchain and next-generation enterprise solutions.

The company recently reported strong first quarter 2026 financial results, highlighting accelerating momentum behind its long-term transformation strategy.

Strong Q1 2026 Financial Performance

IQST generated $97.9 million in Q1 2026 revenue, representing impressive year-over-year growth of 69.9% compared to $57.6 million during the same period last year. Gross profit increased 7.8% to $2.08 million as the company continues transitioning toward higher-margin digital services and AI-driven solutions.

Management remains committed to its previously announced $430 million revenue target for fiscal 2026 while simultaneously focusing on improved EBITDA performance through operating leverage, disciplined execution and expanding high-margin technology offerings.

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Building a Global Digital Distribution Platform

One of IQST's most valuable assets is its massive commercial infrastructure and telecom ecosystem integration. The company now maintains relationships with more than 600 telecom operators globally, supported by deep integrations into billing systems and network operations.

IQST currently operates across 21 countries and 4 continents with strategic commercial offices in Miami, Caracas, Buenos Aires, London, Istanbul and Dubai. Through its telecom partner network, the company estimates potential access to approximately 2.3 billion end users worldwide.

This infrastructure creates a powerful global distribution platform capable of commercializing AI, fintech, cybersecurity, digital health and other advanced digital services at scale.

AI Division Positioned for Major Growth

IQST continues aggressively expanding its artificial intelligence initiatives through proprietary technologies and enterprise deployments.

Earlier this year, the company officially launched IQCortex.ai, a next-generation AI orchestration platform designed to help enterprises automate operational decision-making, risk management and workflow execution across multiple systems.

The platform integrates with widely used enterprise environments including Microsoft Copilot, ServiceNow, Jira Service Management, Slack and additional enterprise infrastructure solutions.

IQST also announced growing adoption of its proprietary AI-powered digital agents by major European companies through its partnership with Alhambra IT in Spain. The AI systems are being deployed to improve customer service operations while integrating directly into telecom infrastructure and enterprise workflows.

Management believes the AI division has the potential to generate seven-figure annual revenue by 2027 as adoption accelerates globally.

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Fintech Expansion Driving EBITDA Opportunity

IQST's fintech division is expected to become a significant EBITDA growth contributor moving forward.

The company completed its acquisition of Globetopper in July 2025 and has since accelerated integration efforts throughout its telecom ecosystem. IQST expects Globetopper to contribute meaningful revenue growth while helping improve profitability through scalable fintech solutions distributed directly across the company's telecom customer base.

By leveraging existing relationships with hundreds of telecom operators worldwide, IQST believes it can rapidly scale fintech adoption and create additional recurring high-margin revenue streams.

Positioned for Long-Term Expansion

IQST continues executing on a long-term strategy focused on building a diversified global technology platform capable of reaching $1 billion in annual revenue by 2027 through organic growth, acquisitions and commercialization of high-margin digital services.

With expanding AI capabilities, a growing fintech ecosystem, international telecom infrastructure and a debt-free balance sheet, IQST appears strategically positioned to capitalize on accelerating global demand for next-generation digital transformation solutions.

For more information on $IQST visit: www.IQSTEL.com and www.landingpage.iqstel.com

IQST Media Contact:
Company: IQSTEL, Inc. (N A S D A Q: IQST)
Contact: Leandro Jose Iglesias, President and CEO
Email: investors@iqstel.com
Phone: +1 954-951-8191
Country: United States
Website: www.IQSTEL.com

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