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Side-by-side financial comparison of ACME UNITED CORP (ACU) and iQSTEL Inc (IQST). Click either name above to swap in a different company.
iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $52.3M, roughly 1.6× ACME UNITED CORP). ACME UNITED CORP runs the higher net margin — 1.9% vs -3.2%, a 5.1% gap on every dollar of revenue. On growth, ACME UNITED CORP posted the faster year-over-year revenue change (13.8% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs -2.9%).
Acme United Corporation is a supplier of cutting, measuring and safety products for the school, home, office, hardware and industrial markets. The company was organized as a partnership in 1867 and incorporated in 1873 under the laws of the State of Connecticut. It is publicly traded on the NYSE American with symbol ACU.
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
ACU vs IQST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $52.3M | $84.2M |
| Net Profit | $985.0K | $-2.7M |
| Gross Margin | 39.7% | 3.5% |
| Operating Margin | 3.3% | -2.9% |
| Net Margin | 1.9% | -3.2% |
| Revenue YoY | 13.8% | -14.9% |
| Net Profit YoY | -40.4% | -44.5% |
| EPS (diluted) | $0.24 | $-0.92 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $52.3M | — | ||
| Q4 25 | $47.5M | $84.2M | ||
| Q3 25 | $49.1M | $102.9M | ||
| Q2 25 | $54.0M | $72.2M | ||
| Q1 25 | $46.0M | $57.6M | ||
| Q4 24 | $45.9M | $98.9M | ||
| Q3 24 | $48.2M | $54.2M | ||
| Q2 24 | $55.4M | $78.6M |
| Q1 26 | $985.0K | — | ||
| Q4 25 | $1.9M | $-2.7M | ||
| Q3 25 | $1.9M | $-2.3M | ||
| Q2 25 | $4.8M | $-2.3M | ||
| Q1 25 | $1.7M | $-1.1M | ||
| Q4 24 | $1.7M | $-1.9M | ||
| Q3 24 | $2.2M | $-773.0K | ||
| Q2 24 | $4.5M | $-2.0M |
| Q1 26 | 39.7% | — | ||
| Q4 25 | 38.2% | 3.5% | ||
| Q3 25 | 39.1% | 2.7% | ||
| Q2 25 | 41.0% | 2.6% | ||
| Q1 25 | 39.0% | 3.4% | ||
| Q4 24 | 38.7% | 2.7% | ||
| Q3 24 | 38.5% | 3.7% | ||
| Q2 24 | 40.8% | 2.8% |
| Q1 26 | 3.3% | — | ||
| Q4 25 | 6.1% | -2.9% | ||
| Q3 25 | 6.1% | -0.5% | ||
| Q2 25 | 11.8% | -0.9% | ||
| Q1 25 | 5.3% | -1.0% | ||
| Q4 24 | 5.0% | -0.3% | ||
| Q3 24 | 6.1% | -0.1% | ||
| Q2 24 | 11.5% | -0.4% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | 3.9% | -3.2% | ||
| Q3 25 | 3.9% | -2.3% | ||
| Q2 25 | 8.8% | -3.3% | ||
| Q1 25 | 3.6% | -2.0% | ||
| Q4 24 | 3.7% | -1.9% | ||
| Q3 24 | 4.6% | -1.4% | ||
| Q2 24 | 8.0% | -2.5% |
| Q1 26 | $0.24 | — | ||
| Q4 25 | $0.46 | $-0.92 | ||
| Q3 25 | $0.46 | $-0.68 | ||
| Q2 25 | $1.16 | $-0.82 | ||
| Q1 25 | $0.41 | $-0.44 | ||
| Q4 24 | $0.43 | $-1.19 | ||
| Q3 24 | $0.54 | $-0.40 | ||
| Q2 24 | $1.09 | $-0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.2M | $2.2M |
| Total DebtLower is stronger | $33.0M | $4.1M |
| Stockholders' EquityBook value | $116.7M | $16.3M |
| Total Assets | $195.2M | $51.1M |
| Debt / EquityLower = less leverage | 0.28× | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.2M | — | ||
| Q4 25 | $3.6M | $2.2M | ||
| Q3 25 | $5.1M | $2.3M | ||
| Q2 25 | $3.6M | $2.0M | ||
| Q1 25 | $3.4M | $1.1M | ||
| Q4 24 | $6.4M | $2.5M | ||
| Q3 24 | $5.7M | $2.1M | ||
| Q2 24 | $3.8M | $797.2K |
| Q1 26 | $33.0M | — | ||
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $4.5M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $2.5M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $2.5M |
| Q1 26 | $116.7M | — | ||
| Q4 25 | $117.6M | $16.3M | ||
| Q3 25 | $115.8M | $17.9M | ||
| Q2 25 | $113.7M | $14.3M | ||
| Q1 25 | $108.3M | $11.6M | ||
| Q4 24 | $107.0M | $11.9M | ||
| Q3 24 | $106.3M | $8.1M | ||
| Q2 24 | $104.0M | $7.6M |
| Q1 26 | $195.2M | — | ||
| Q4 25 | $171.0M | $51.1M | ||
| Q3 25 | $173.0M | $46.9M | ||
| Q2 25 | $170.9M | $51.4M | ||
| Q1 25 | $163.0M | $42.0M | ||
| Q4 24 | $162.2M | $79.0M | ||
| Q3 24 | $165.5M | $32.4M | ||
| Q2 24 | $173.5M | $30.0M |
| Q1 26 | 0.28× | — | ||
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.2M |
| Free Cash FlowOCF − Capex | — | $-1.2M |
| FCF MarginFCF / Revenue | — | -1.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $8.2M | $-1.2M | ||
| Q3 25 | $7.1M | $-953.0K | ||
| Q2 25 | $6.3M | $257.7K | ||
| Q1 25 | $-3.3M | $-1.9M | ||
| Q4 24 | $6.4M | $-403.7K | ||
| Q3 24 | $8.9M | $625.0K | ||
| Q2 24 | $6.9M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | $7.3M | $-1.2M | ||
| Q3 25 | $301.0K | $-969.2K | ||
| Q2 25 | $4.7M | $211.7K | ||
| Q1 25 | $-4.7M | $-2.0M | ||
| Q4 24 | $4.7M | $-421.3K | ||
| Q3 24 | $7.5M | $594.5K | ||
| Q2 24 | $4.4M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | 15.3% | -1.5% | ||
| Q3 25 | 0.6% | -0.9% | ||
| Q2 25 | 8.7% | 0.3% | ||
| Q1 25 | -10.2% | -3.4% | ||
| Q4 24 | 10.2% | -0.4% | ||
| Q3 24 | 15.6% | 1.1% | ||
| Q2 24 | 8.0% | -3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 0.0% | ||
| Q3 25 | 13.8% | 0.0% | ||
| Q2 25 | 3.0% | 0.1% | ||
| Q1 25 | 2.9% | 0.1% | ||
| Q4 24 | 3.7% | 0.0% | ||
| Q3 24 | 2.8% | 0.1% | ||
| Q2 24 | 4.5% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.34× | — | ||
| Q3 25 | 3.72× | — | ||
| Q2 25 | 1.33× | — | ||
| Q1 25 | -2.02× | — | ||
| Q4 24 | 3.73× | — | ||
| Q3 24 | 3.99× | — | ||
| Q2 24 | 1.55× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACU
Segment breakdown not available.
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
