vs
Side-by-side financial comparison of iQSTEL Inc (IQST) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
INDEPENDENCE REALTY TRUST, INC. is the larger business by last-quarter revenue ($165.3M vs $84.2M, roughly 2.0× iQSTEL Inc). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 2.2%).
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.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
IQST vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $84.2M | $165.3M |
| Net Profit | $-2.7M | — |
| Gross Margin | 3.5% | — |
| Operating Margin | -2.9% | — |
| Net Margin | -3.2% | — |
| Revenue YoY | -14.9% | 2.5% |
| Net Profit YoY | -44.5% | — |
| EPS (diluted) | $-0.92 | $0.00 |
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 | — | $165.3M | ||
| Q4 25 | $84.2M | $167.1M | ||
| Q3 25 | $102.9M | $167.1M | ||
| Q2 25 | $72.2M | $162.2M | ||
| Q1 25 | $57.6M | $161.2M | ||
| Q4 24 | $98.9M | $161.0M | ||
| Q3 24 | $54.2M | $160.1M | ||
| Q2 24 | $78.6M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.7M | $33.3M | ||
| Q3 25 | $-2.3M | $6.9M | ||
| Q2 25 | $-2.3M | $8.0M | ||
| Q1 25 | $-1.1M | $8.4M | ||
| Q4 24 | $-1.9M | $-1.0M | ||
| Q3 24 | $-773.0K | $12.4M | ||
| Q2 24 | $-2.0M | $10.4M |
| 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 | -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 26 | — | — | ||
| Q4 25 | -3.2% | 19.9% | ||
| Q3 25 | -2.3% | 4.1% | ||
| Q2 25 | -3.3% | 5.0% | ||
| Q1 25 | -2.0% | 5.2% | ||
| Q4 24 | -1.9% | -0.6% | ||
| Q3 24 | -1.4% | 7.7% | ||
| Q2 24 | -2.5% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-0.92 | $0.14 | ||
| Q3 25 | $-0.68 | $0.03 | ||
| Q2 25 | $-0.82 | $0.03 | ||
| Q1 25 | $-0.44 | $0.04 | ||
| Q4 24 | $-1.19 | $-0.01 | ||
| Q3 24 | $-0.40 | $0.05 | ||
| Q2 24 | $-0.90 | $0.05 |
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 | $23.3M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $16.3M | $3.4B |
| Total Assets | $51.1M | $6.1B |
| Debt / EquityLower = less leverage | 0.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $2.2M | $23.6M | ||
| Q3 25 | $2.3M | $23.3M | ||
| Q2 25 | $2.0M | $19.5M | ||
| Q1 25 | $1.1M | $29.1M | ||
| Q4 24 | $2.5M | $21.2M | ||
| Q3 24 | $2.1M | $17.6M | ||
| Q2 24 | $797.2K | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.1M | $2.3B | ||
| Q3 25 | $2.7M | $2.3B | ||
| Q2 25 | $4.5M | $2.2B | ||
| Q1 25 | $3.5M | $2.3B | ||
| Q4 24 | $2.5M | $2.3B | ||
| Q3 24 | $3.2M | $2.3B | ||
| Q2 24 | $2.5M | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $16.3M | $3.5B | ||
| Q3 25 | $17.9M | $3.5B | ||
| Q2 25 | $14.3M | $3.4B | ||
| Q1 25 | $11.6M | $3.5B | ||
| Q4 24 | $11.9M | $3.4B | ||
| Q3 24 | $8.1M | $3.4B | ||
| Q2 24 | $7.6M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $51.1M | $6.0B | ||
| Q3 25 | $46.9M | $6.1B | ||
| Q2 25 | $51.4M | $6.0B | ||
| Q1 25 | $42.0M | $6.0B | ||
| Q4 24 | $79.0M | $6.1B | ||
| Q3 24 | $32.4M | $5.9B | ||
| Q2 24 | $30.0M | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.25× | 0.66× | ||
| Q3 25 | 0.15× | 0.66× | ||
| Q2 25 | 0.31× | 0.66× | ||
| Q1 25 | 0.31× | 0.65× | ||
| Q4 24 | 0.21× | 0.68× | ||
| Q3 24 | 0.40× | 0.68× | ||
| Q2 24 | 0.34× | 0.66× |
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 | $-1.2M | $282.1M | ||
| Q3 25 | $-953.0K | $79.3M | ||
| Q2 25 | $257.7K | $82.2M | ||
| Q1 25 | $-1.9M | $60.4M | ||
| Q4 24 | $-403.7K | $259.8M | ||
| Q3 24 | $625.0K | $69.2M | ||
| Q2 24 | $-2.6M | $83.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 8.48× | ||
| Q3 25 | — | 11.51× | ||
| Q2 25 | — | 10.22× | ||
| Q1 25 | — | 7.23× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.60× | ||
| Q2 24 | — | 8.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
