vs
Side-by-side financial comparison of Inogen Inc (INGN) 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 $68.6M, roughly 1.2× Inogen Inc). On growth, Inogen Inc posted the faster year-over-year revenue change (3.4% vs -14.9%). iQSTEL Inc produced more free cash flow last quarter ($-1.2M vs $-1.9M). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 4.2%).
Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.
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.
INGN vs IQST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $68.6M | $84.2M |
| Net Profit | — | $-2.7M |
| Gross Margin | 51.4% | 3.5% |
| Operating Margin | -13.6% | -2.9% |
| Net Margin | — | -3.2% |
| Revenue YoY | 3.4% | -14.9% |
| Net Profit YoY | — | -44.5% |
| EPS (diluted) | $-0.26 | $-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 | $68.6M | $84.2M | ||
| Q3 25 | $79.1M | $102.9M | ||
| Q2 25 | $79.2M | $72.2M | ||
| Q1 25 | $68.5M | $57.6M | ||
| Q4 24 | $66.3M | $98.9M | ||
| Q3 24 | $74.9M | $54.2M | ||
| Q2 24 | $74.4M | $78.6M | ||
| Q1 24 | $63.1M | $51.4M |
| Q4 25 | — | $-2.7M | ||
| Q3 25 | $-5.3M | $-2.3M | ||
| Q2 25 | $-4.2M | $-2.3M | ||
| Q1 25 | $-6.2M | $-1.1M | ||
| Q4 24 | — | $-1.9M | ||
| Q3 24 | $-6.0M | $-773.0K | ||
| Q2 24 | $-5.6M | $-2.0M | ||
| Q1 24 | $-14.6M | $-580.2K |
| Q4 25 | 51.4% | 3.5% | ||
| Q3 25 | 52.2% | 2.7% | ||
| Q2 25 | 52.2% | 2.6% | ||
| Q1 25 | 53.1% | 3.4% | ||
| Q4 24 | 54.7% | 2.7% | ||
| Q3 24 | 55.2% | 3.7% | ||
| Q2 24 | 57.4% | 2.8% | ||
| Q1 24 | 54.5% | 2.7% |
| Q4 25 | -13.6% | -2.9% | ||
| Q3 25 | -9.0% | -0.5% | ||
| Q2 25 | -7.7% | -0.9% | ||
| Q1 25 | -11.2% | -1.0% | ||
| Q4 24 | -17.2% | -0.3% | ||
| Q3 24 | -10.4% | -0.1% | ||
| Q2 24 | -9.5% | -0.4% | ||
| Q1 24 | -25.8% | -0.4% |
| Q4 25 | — | -3.2% | ||
| Q3 25 | -6.7% | -2.3% | ||
| Q2 25 | -5.2% | -3.3% | ||
| Q1 25 | -9.0% | -2.0% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | -8.0% | -1.4% | ||
| Q2 24 | -7.5% | -2.5% | ||
| Q1 24 | -23.1% | -1.1% |
| Q4 25 | $-0.26 | $-0.92 | ||
| Q3 25 | $-0.20 | $-0.68 | ||
| Q2 25 | $-0.15 | $-0.82 | ||
| Q1 25 | $-0.25 | $-0.44 | ||
| Q4 24 | $-0.41 | $-1.19 | ||
| Q3 24 | $-0.25 | $-0.40 | ||
| Q2 24 | $-0.24 | $-0.90 | ||
| Q1 24 | $-0.62 | $-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 | $103.7M | $2.2M |
| Total DebtLower is stronger | — | $4.1M |
| Stockholders' EquityBook value | $192.2M | $16.3M |
| Total Assets | $298.6M | $51.1M |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.7M | $2.2M | ||
| Q3 25 | $106.5M | $2.3M | ||
| Q2 25 | $103.7M | $2.0M | ||
| Q1 25 | $118.9M | $1.1M | ||
| Q4 24 | $113.8M | $2.5M | ||
| Q3 24 | $105.7M | $2.1M | ||
| Q2 24 | $97.9M | $797.2K | ||
| Q1 24 | $107.4M | $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 | $192.2M | $16.3M | ||
| Q3 25 | $197.2M | $17.9M | ||
| Q2 25 | $199.5M | $14.3M | ||
| Q1 25 | $198.0M | $11.6M | ||
| Q4 24 | $173.9M | $11.9M | ||
| Q3 24 | $185.4M | $8.1M | ||
| Q2 24 | $187.6M | $7.6M | ||
| Q1 24 | $191.9M | $8.4M |
| Q4 25 | $298.6M | $51.1M | ||
| Q3 25 | $307.0M | $46.9M | ||
| Q2 25 | $312.0M | $51.4M | ||
| Q1 25 | $308.4M | $42.0M | ||
| Q4 24 | $296.2M | $79.0M | ||
| Q3 24 | $306.2M | $32.4M | ||
| Q2 24 | $308.9M | $30.0M | ||
| Q1 24 | $315.6M | $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 | $-943.0K | $-1.2M |
| Free Cash FlowOCF − Capex | $-1.9M | $-1.2M |
| FCF MarginFCF / Revenue | -2.8% | -1.5% |
| Capex IntensityCapex / Revenue | 1.4% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.7M | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-943.0K | $-1.2M | ||
| Q3 25 | $2.2M | $-953.0K | ||
| Q2 25 | $4.3M | $257.7K | ||
| Q1 25 | $-16.8M | $-1.9M | ||
| Q4 24 | $-3.0M | $-403.7K | ||
| Q3 24 | $7.0M | $625.0K | ||
| Q2 24 | $6.7M | $-2.6M | ||
| Q1 24 | $-4.7M | $-536.9K |
| Q4 25 | $-1.9M | $-1.2M | ||
| Q3 25 | $1.6M | $-969.2K | ||
| Q2 25 | $3.7M | $211.7K | ||
| Q1 25 | $-17.1M | $-2.0M | ||
| Q4 24 | $-3.3M | $-421.3K | ||
| Q3 24 | $5.3M | $594.5K | ||
| Q2 24 | $6.6M | $-2.6M | ||
| Q1 24 | $-6.1M | $-608.5K |
| Q4 25 | -2.8% | -1.5% | ||
| Q3 25 | 2.0% | -0.9% | ||
| Q2 25 | 4.6% | 0.3% | ||
| Q1 25 | -24.9% | -3.4% | ||
| Q4 24 | -5.0% | -0.4% | ||
| Q3 24 | 7.1% | 1.1% | ||
| Q2 24 | 8.9% | -3.4% | ||
| Q1 24 | -9.6% | -1.2% |
| Q4 25 | 1.4% | 0.0% | ||
| Q3 25 | 0.7% | 0.0% | ||
| Q2 25 | 0.9% | 0.1% | ||
| Q1 25 | 0.4% | 0.1% | ||
| Q4 24 | 0.5% | 0.0% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | 0.1% | 0.0% | ||
| Q1 24 | 2.1% | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
