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Side-by-side financial comparison of Armour Residential REIT, Inc. (ARR) 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 $50.4M, roughly 1.7× Armour Residential REIT, Inc.). Armour Residential REIT, Inc. runs the higher net margin — 420.2% vs -3.2%, a 423.4% gap on every dollar of revenue. On growth, Armour Residential REIT, Inc. posted the faster year-over-year revenue change (297.9% vs -14.9%). Over the past eight quarters, Armour Residential REIT, Inc.'s revenue compounded faster (108.0% CAGR vs 28.0%).
Armour Residential REIT, Inc. is a U.S.-based real estate investment trust that primarily invests in agency residential mortgage-backed securities guaranteed by U.S. government-sponsored entities. It focuses on generating consistent long-term net income for shareholders via strategic asset management and active interest rate risk mitigation.
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.
ARR vs IQST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.4M | $84.2M |
| Net Profit | $211.7M | $-2.7M |
| Gross Margin | — | 3.5% |
| Operating Margin | — | -2.9% |
| Net Margin | 420.2% | -3.2% |
| Revenue YoY | 297.9% | -14.9% |
| Net Profit YoY | 555.9% | -44.5% |
| EPS (diluted) | $2.43 | $-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.
| Q4 25 | $50.4M | $84.2M | ||
| Q3 25 | $38.5M | $102.9M | ||
| Q2 25 | $33.1M | $72.2M | ||
| Q1 25 | $36.3M | $57.6M | ||
| Q4 24 | $12.7M | $98.9M | ||
| Q3 24 | — | $54.2M | ||
| Q2 24 | $7.0M | $78.6M | ||
| Q1 24 | — | $51.4M |
| Q4 25 | $211.7M | $-2.7M | ||
| Q3 25 | $159.3M | $-2.3M | ||
| Q2 25 | $-75.6M | $-2.3M | ||
| Q1 25 | $27.3M | $-1.1M | ||
| Q4 24 | $-46.4M | $-1.9M | ||
| Q3 24 | — | $-773.0K | ||
| Q2 24 | $-48.4M | $-2.0M | ||
| Q1 24 | — | $-580.2K |
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 2.7% |
| Q4 25 | — | -2.9% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | -0.9% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -0.3% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | — | -0.4% | ||
| Q1 24 | — | -0.4% |
| Q4 25 | 420.2% | -3.2% | ||
| Q3 25 | 413.5% | -2.3% | ||
| Q2 25 | -228.4% | -3.3% | ||
| Q1 25 | 75.2% | -2.0% | ||
| Q4 24 | -366.8% | -1.9% | ||
| Q3 24 | — | -1.4% | ||
| Q2 24 | -693.8% | -2.5% | ||
| Q1 24 | — | -1.1% |
| Q4 25 | $2.43 | $-0.92 | ||
| Q3 25 | $1.49 | $-0.68 | ||
| Q2 25 | $-0.94 | $-0.82 | ||
| Q1 25 | $0.32 | $-0.44 | ||
| Q4 24 | $-0.91 | $-1.19 | ||
| Q3 24 | — | $-0.40 | ||
| Q2 24 | $-1.05 | $-0.90 | ||
| Q1 24 | — | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.3M | $2.2M |
| Total DebtLower is stronger | — | $4.1M |
| Stockholders' EquityBook value | $2.3B | $16.3M |
| Total Assets | $21.0B | $51.1M |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.3M | $2.2M | ||
| Q3 25 | $44.2M | $2.3M | ||
| Q2 25 | $141.2M | $2.0M | ||
| Q1 25 | $49.1M | $1.1M | ||
| Q4 24 | $68.0M | $2.5M | ||
| Q3 24 | — | $2.1M | ||
| Q2 24 | $126.6M | $797.2K | ||
| Q1 24 | — | $2.7M |
| 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 24 | — | $194.0K |
| Q4 25 | $2.3B | $16.3M | ||
| Q3 25 | $2.1B | $17.9M | ||
| Q2 25 | $1.7B | $14.3M | ||
| Q1 25 | $1.7B | $11.6M | ||
| Q4 24 | $1.4B | $11.9M | ||
| Q3 24 | — | $8.1M | ||
| Q2 24 | $1.2B | $7.6M | ||
| Q1 24 | — | $8.4M |
| Q4 25 | $21.0B | $51.1M | ||
| Q3 25 | $19.4B | $46.9M | ||
| Q2 25 | $16.2B | $51.4M | ||
| Q1 25 | $15.5B | $42.0M | ||
| Q4 24 | $13.5B | $79.0M | ||
| Q3 24 | — | $32.4M | ||
| Q2 24 | $10.1B | $30.0M | ||
| Q1 24 | — | $22.1M |
| 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× | ||
| Q1 24 | — | 0.02× |
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 | $124.2M | $-1.2M |
| Free Cash FlowOCF − Capex | — | $-1.2M |
| FCF MarginFCF / Revenue | — | -1.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $124.2M | $-1.2M | ||
| Q3 25 | $-37.8M | $-953.0K | ||
| Q2 25 | $25.0M | $257.7K | ||
| Q1 25 | $101.5M | $-1.9M | ||
| Q4 24 | $261.5M | $-403.7K | ||
| Q3 24 | — | $625.0K | ||
| Q2 24 | $27.1M | $-2.6M | ||
| Q1 24 | — | $-536.9K |
| Q4 25 | — | $-1.2M | ||
| Q3 25 | — | $-969.2K | ||
| Q2 25 | — | $211.7K | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | — | $-421.3K | ||
| Q3 24 | — | $594.5K | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-608.5K |
| Q4 25 | — | -1.5% | ||
| Q3 25 | — | -0.9% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | -0.4% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | -3.4% | ||
| Q1 24 | — | -1.2% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | 0.59× | — | ||
| Q3 25 | -0.24× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARR
Segment breakdown not available.
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
