IQST - IQSTEL Reports Preliminary First-Half 2026 Revenue of $207 Million, Positioning the Company to Surpass a Half-Billion-Dollar Annual Revenue Run Rate and Exceed an $8 Million EBITDA Run Rate

About this update from Iqstel Inc.

Preliminary first-half 2026 net revenue reached approximately $207 million, compared to $130 million in the same period of 2025, representing approximately 59% year-over-year growth. NEW YORK, July 16, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a rapidly growing multinational technology company providing telecommunications, fintech, AI-powered communications, cybersecurity, and digital infrastructure services, today announced preliminary net revenue of approximately $207 million  for the first six months of 2026, compared to $130 million  during the same period of 2025, representing approximately 59% year-over-year growth . The Company noted that its business has historically generated stronger revenue during the second half of the year, making the first-half performance particularly encouraging and reinforcing management's confidence in delivering another transformational year. Accelerating Toward a New Scale Following the expected closing of the previously announced acquisition of Ultranet during this quarter of 2026, IQSTEL expects to surpass a half-billion-dollar annual revenue run rate , representing another significant milestone in the Company's evolution. The Ultranet acquisition is also expected to substantially strengthen IQSTEL's profitability profile, positioning the Company to exceed an $8 million annual EBITDA run rate  while further improving operating leverage and cash generation. "Our first-half performance demonstrates the strength of our business model and the successful execution of our growth strategy," said Leandro Jose Iglesias , Chairman and CEO of IQSTEL. "Achieving approximately 59% revenue growth during what has traditionally been our slower operating season gives us tremendous confidence heading into the second half of the year." "With the expected completion of the Ultranet acquisition this quarter, we believe IQSTEL will enter a new chapter, surpassing a half-billion-dollar annual revenue run rate while significantly expanding profitability. More importantly, we are building a company designed for sustained long-term value creation." From Telecom Operator to Global Digital Services Platform IQSTEL's strategy extends well beyond revenue growth. The Company has been transforming itself into a global technology platform capable of commercializing next-generation digital services through the relationships it has built with telecommunications operators and enterprise customers worldwide. Through its global commercial infrastructure, IQSTEL estimates that its platform has a potential reach of approximately 2.3 billion end users , creating a unique opportunity to distribute high-value digital services on a global scale.

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