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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) 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 $64.3M, roughly 1.3× CAMDEN NATIONAL CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -3.2%, a 37.2% gap on every dollar of revenue. Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 22.6%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
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.
CAC vs IQST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $84.2M |
| Net Profit | $21.9M | $-2.7M |
| Gross Margin | — | 3.5% |
| Operating Margin | — | -2.9% |
| Net Margin | 34.0% | -3.2% |
| Revenue YoY | — | -14.9% |
| Net Profit YoY | — | -44.5% |
| EPS (diluted) | $1.29 | $-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 | $64.3M | — | ||
| Q4 25 | $68.1M | $84.2M | ||
| Q3 25 | $65.4M | $102.9M | ||
| Q2 25 | $62.3M | $72.2M | ||
| Q1 25 | $60.1M | $57.6M | ||
| Q4 24 | $47.6M | $98.9M | ||
| Q3 24 | $45.0M | $54.2M | ||
| Q2 24 | $42.8M | $78.6M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $-2.7M | ||
| Q3 25 | $21.2M | $-2.3M | ||
| Q2 25 | $14.1M | $-2.3M | ||
| Q1 25 | $7.3M | $-1.1M | ||
| Q4 24 | $14.7M | $-1.9M | ||
| Q3 24 | $13.1M | $-773.0K | ||
| Q2 24 | $12.0M | $-2.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 41.5% | -2.9% | ||
| Q3 25 | 40.5% | -0.5% | ||
| Q2 25 | 28.5% | -0.9% | ||
| Q1 25 | 10.3% | -1.0% | ||
| Q4 24 | 38.7% | -0.3% | ||
| Q3 24 | 35.2% | -0.1% | ||
| Q2 24 | 34.7% | -0.4% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | -3.2% | ||
| Q3 25 | 32.4% | -2.3% | ||
| Q2 25 | 22.6% | -3.3% | ||
| Q1 25 | 12.2% | -2.0% | ||
| Q4 24 | 30.8% | -1.9% | ||
| Q3 24 | 29.1% | -1.4% | ||
| Q2 24 | 28.0% | -2.5% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $-0.92 | ||
| Q3 25 | $1.25 | $-0.68 | ||
| Q2 25 | $0.83 | $-0.82 | ||
| Q1 25 | $0.43 | $-0.44 | ||
| Q4 24 | $1.00 | $-1.19 | ||
| Q3 24 | $0.90 | $-0.40 | ||
| Q2 24 | $0.81 | $-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 | — | $2.2M |
| Total DebtLower is stronger | $514.4M | $4.1M |
| Stockholders' EquityBook value | $710.0M | $16.3M |
| Total Assets | $7.0B | $51.1M |
| Debt / EquityLower = less leverage | 0.72× | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2M | ||
| Q3 25 | — | $2.3M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $1.1M | ||
| Q4 24 | — | $2.5M | ||
| Q3 24 | — | $2.1M | ||
| Q2 24 | — | $797.2K |
| Q1 26 | $514.4M | — | ||
| 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 | $710.0M | — | ||
| Q4 25 | $696.6M | $16.3M | ||
| Q3 25 | $676.4M | $17.9M | ||
| Q2 25 | $652.1M | $14.3M | ||
| Q1 25 | $640.1M | $11.6M | ||
| Q4 24 | $531.2M | $11.9M | ||
| Q3 24 | $529.9M | $8.1M | ||
| Q2 24 | $508.3M | $7.6M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $51.1M | ||
| Q3 25 | $7.0B | $46.9M | ||
| Q2 25 | $6.9B | $51.4M | ||
| Q1 25 | $7.0B | $42.0M | ||
| Q4 24 | $5.8B | $79.0M | ||
| Q3 24 | $5.7B | $32.4M | ||
| Q2 24 | $5.7B | $30.0M |
| Q1 26 | 0.72× | — | ||
| 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 | $63.9M | $-1.2M | ||
| Q3 25 | $36.1M | $-953.0K | ||
| Q2 25 | $6.0M | $257.7K | ||
| Q1 25 | $1.0M | $-1.9M | ||
| Q4 24 | $60.9M | $-403.7K | ||
| Q3 24 | $-14.5M | $625.0K | ||
| Q2 24 | $14.5M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $-1.2M | ||
| Q3 25 | $35.4M | $-969.2K | ||
| Q2 25 | $4.5M | $211.7K | ||
| Q1 25 | $-727.0K | $-2.0M | ||
| Q4 24 | $55.4M | $-421.3K | ||
| Q3 24 | $-16.2M | $594.5K | ||
| Q2 24 | $13.2M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | -1.5% | ||
| Q3 25 | 54.1% | -0.9% | ||
| Q2 25 | 7.3% | 0.3% | ||
| Q1 25 | -1.2% | -3.4% | ||
| Q4 24 | 116.4% | -0.4% | ||
| Q3 24 | -36.0% | 1.1% | ||
| Q2 24 | 30.8% | -3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 0.0% | ||
| Q3 25 | 1.1% | 0.0% | ||
| Q2 25 | 2.4% | 0.1% | ||
| Q1 25 | 2.9% | 0.1% | ||
| Q4 24 | 11.7% | 0.0% | ||
| Q3 24 | 3.8% | 0.1% | ||
| Q2 24 | 3.0% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | — | ||
| Q2 24 | 1.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
