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Side-by-side financial comparison of iQSTEL Inc (IQST) and LXP Industrial Trust (LXP). Click either name above to swap in a different company.

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $84.2M, roughly 1.0× iQSTEL Inc). LXP Industrial Trust runs the higher net margin — 33.2% vs -3.2%, a 36.4% gap on every dollar of revenue. On growth, LXP Industrial Trust posted the faster year-over-year revenue change (-14.0% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 0.3%).

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.

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

IQST vs LXP — Head-to-Head

Bigger by revenue
LXP
LXP
1.0× larger
LXP
$86.7M
$84.2M
IQST
Growing faster (revenue YoY)
LXP
LXP
+0.9% gap
LXP
-14.0%
-14.9%
IQST
Higher net margin
LXP
LXP
36.4% more per $
LXP
33.2%
-3.2%
IQST
Faster 2-yr revenue CAGR
IQST
IQST
Annualised
IQST
28.0%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IQST
IQST
LXP
LXP
Revenue
$84.2M
$86.7M
Net Profit
$-2.7M
$28.8M
Gross Margin
3.5%
81.5%
Operating Margin
-2.9%
34.6%
Net Margin
-3.2%
33.2%
Revenue YoY
-14.9%
-14.0%
Net Profit YoY
-44.5%
EPS (diluted)
$-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.

Revenue
IQST
IQST
LXP
LXP
Q4 25
$84.2M
$86.7M
Q3 25
$102.9M
$86.9M
Q2 25
$72.2M
$87.7M
Q1 25
$57.6M
$88.9M
Q4 24
$98.9M
$100.9M
Q3 24
$54.2M
$85.6M
Q2 24
$78.6M
$85.8M
Q1 24
$51.4M
$86.3M
Net Profit
IQST
IQST
LXP
LXP
Q4 25
$-2.7M
$28.8M
Q3 25
$-2.3M
$36.3M
Q2 25
$-2.3M
$29.1M
Q1 25
$-1.1M
$19.0M
Q4 24
$-1.9M
Q3 24
$-773.0K
$6.3M
Q2 24
$-2.0M
$5.4M
Q1 24
$-580.2K
$-269.0K
Gross Margin
IQST
IQST
LXP
LXP
Q4 25
3.5%
81.5%
Q3 25
2.7%
82.3%
Q2 25
2.6%
81.9%
Q1 25
3.4%
80.7%
Q4 24
2.7%
85.3%
Q3 24
3.7%
82.5%
Q2 24
2.8%
82.0%
Q1 24
2.7%
82.4%
Operating Margin
IQST
IQST
LXP
LXP
Q4 25
-2.9%
34.6%
Q3 25
-0.5%
50.4%
Q2 25
-0.9%
33.7%
Q1 25
-1.0%
21.8%
Q4 24
-0.3%
Q3 24
-0.1%
7.9%
Q2 24
-0.4%
6.9%
Q1 24
-0.4%
1.0%
Net Margin
IQST
IQST
LXP
LXP
Q4 25
-3.2%
33.2%
Q3 25
-2.3%
41.7%
Q2 25
-3.3%
33.2%
Q1 25
-2.0%
21.4%
Q4 24
-1.9%
Q3 24
-1.4%
7.4%
Q2 24
-2.5%
6.3%
Q1 24
-1.1%
-0.3%
EPS (diluted)
IQST
IQST
LXP
LXP
Q4 25
$-0.92
Q3 25
$-0.68
$0.12
Q2 25
$-0.82
$0.09
Q1 25
$-0.44
$0.06
Q4 24
$-1.19
Q3 24
$-0.40
$0.02
Q2 24
$-0.90
$0.01
Q1 24
$-0.37
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IQST
IQST
LXP
LXP
Cash + ST InvestmentsLiquidity on hand
$2.2M
$170.4M
Total DebtLower is stronger
$4.1M
$1.4B
Stockholders' EquityBook value
$16.3M
$2.0B
Total Assets
$51.1M
$3.5B
Debt / EquityLower = less leverage
0.25×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
LXP
LXP
Q4 25
$2.2M
$170.4M
Q3 25
$2.3M
$229.7M
Q2 25
$2.0M
$71.0M
Q1 25
$1.1M
$70.9M
Q4 24
$2.5M
$101.8M
Q3 24
$2.1M
$55.0M
Q2 24
$797.2K
$48.7M
Q1 24
$2.7M
$293.8M
Total Debt
IQST
IQST
LXP
LXP
Q4 25
$4.1M
$1.4B
Q3 25
$2.7M
$1.5B
Q2 25
$4.5M
$1.5B
Q1 25
$3.5M
$1.5B
Q4 24
$2.5M
$1.6B
Q3 24
$3.2M
Q2 24
$2.5M
Q1 24
$194.0K
Stockholders' Equity
IQST
IQST
LXP
LXP
Q4 25
$16.3M
$2.0B
Q3 25
$17.9M
$2.1B
Q2 25
$14.3M
$2.1B
Q1 25
$11.6M
$2.1B
Q4 24
$11.9M
$2.1B
Q3 24
$8.1M
$2.1B
Q2 24
$7.6M
$2.1B
Q1 24
$8.4M
$2.2B
Total Assets
IQST
IQST
LXP
LXP
Q4 25
$51.1M
$3.5B
Q3 25
$46.9M
$3.7B
Q2 25
$51.4M
$3.7B
Q1 25
$42.0M
$3.8B
Q4 24
$79.0M
$3.8B
Q3 24
$32.4M
$3.9B
Q2 24
$30.0M
$3.9B
Q1 24
$22.1M
$4.2B
Debt / Equity
IQST
IQST
LXP
LXP
Q4 25
0.25×
0.66×
Q3 25
0.15×
0.72×
Q2 25
0.31×
0.72×
Q1 25
0.31×
0.73×
Q4 24
0.21×
0.75×
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
IQST
IQST
LXP
LXP
Operating Cash FlowLast quarter
$-1.2M
$188.7M
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-1.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$-4.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
LXP
LXP
Q4 25
$-1.2M
$188.7M
Q3 25
$-953.0K
$63.5M
Q2 25
$257.7K
$44.3M
Q1 25
$-1.9M
$39.0M
Q4 24
$-403.7K
$211.2M
Q3 24
$625.0K
$64.6M
Q2 24
$-2.6M
$38.5M
Q1 24
$-536.9K
$38.9M
Free Cash Flow
IQST
IQST
LXP
LXP
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
FCF Margin
IQST
IQST
LXP
LXP
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%
Capex Intensity
IQST
IQST
LXP
LXP
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%
Cash Conversion
IQST
IQST
LXP
LXP
Q4 25
6.56×
Q3 25
1.75×
Q2 25
1.52×
Q1 25
2.05×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IQST
IQST

USA$53.2M63%
Other$29.9M35%
Switzerland$1.1M1%

LXP
LXP

Segment breakdown not available.

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