Preliminary first-half net revenue increased approximately 59% year over year, with management outlining higher run-rate expectations following the proposed Ultranet acquisition.
What was announced
iQSTEL reported approximately $207 million in preliminary net revenue for the first six months of 2026, compared with approximately $130 million in the corresponding 2025 period.
The increase represents approximately 59% year-over-year growth. The company said the anticipated third-quarter closing of its previously announced Ultranet acquisition is expected to position iQSTEL above a $500 million annual revenue run rate and an $8 million annual EBITDA run rate.
The figures are preliminary and remain subject to completion of the company's normal accounting and reporting processes.
Source
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