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

iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $62.2M, roughly 1.4× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -14.9%). iQSTEL Inc produced more free cash flow last quarter ($-1.2M vs $-37.2M). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 28.0%).

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.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

IQST vs OUST — Head-to-Head

Bigger by revenue
IQST
IQST
1.4× larger
IQST
$84.2M
$62.2M
OUST
Growing faster (revenue YoY)
OUST
OUST
+121.5% gap
OUST
106.6%
-14.9%
IQST
More free cash flow
IQST
IQST
$35.9M more FCF
IQST
$-1.2M
$-37.2M
OUST
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
28.0%
IQST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IQST
IQST
OUST
OUST
Revenue
$84.2M
$62.2M
Net Profit
$-2.7M
Gross Margin
3.5%
60.2%
Operating Margin
-2.9%
1.5%
Net Margin
-3.2%
Revenue YoY
-14.9%
106.6%
Net Profit YoY
-44.5%
EPS (diluted)
$-0.92
$0.10

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
OUST
OUST
Q4 25
$84.2M
$62.2M
Q3 25
$102.9M
$39.5M
Q2 25
$72.2M
$35.0M
Q1 25
$57.6M
$32.6M
Q4 24
$98.9M
$30.1M
Q3 24
$54.2M
$28.1M
Q2 24
$78.6M
$27.0M
Q1 24
$51.4M
$25.9M
Net Profit
IQST
IQST
OUST
OUST
Q4 25
$-2.7M
Q3 25
$-2.3M
$-21.7M
Q2 25
$-2.3M
$-20.6M
Q1 25
$-1.1M
$-22.0M
Q4 24
$-1.9M
Q3 24
$-773.0K
$-25.6M
Q2 24
$-2.0M
$-23.9M
Q1 24
$-580.2K
$-23.8M
Gross Margin
IQST
IQST
OUST
OUST
Q4 25
3.5%
60.2%
Q3 25
2.7%
42.1%
Q2 25
2.6%
45.2%
Q1 25
3.4%
41.3%
Q4 24
2.7%
43.8%
Q3 24
3.7%
38.3%
Q2 24
2.8%
33.7%
Q1 24
2.7%
28.6%
Operating Margin
IQST
IQST
OUST
OUST
Q4 25
-2.9%
1.5%
Q3 25
-0.5%
-61.4%
Q2 25
-0.9%
-76.5%
Q1 25
-1.0%
-73.0%
Q4 24
-0.3%
-85.1%
Q3 24
-0.1%
-98.0%
Q2 24
-0.4%
-93.6%
Q1 24
-0.4%
-99.5%
Net Margin
IQST
IQST
OUST
OUST
Q4 25
-3.2%
Q3 25
-2.3%
-55.0%
Q2 25
-3.3%
-58.8%
Q1 25
-2.0%
-67.5%
Q4 24
-1.9%
Q3 24
-1.4%
-91.1%
Q2 24
-2.5%
-88.4%
Q1 24
-1.1%
-91.9%
EPS (diluted)
IQST
IQST
OUST
OUST
Q4 25
$-0.92
$0.10
Q3 25
$-0.68
$-0.37
Q2 25
$-0.82
$-0.38
Q1 25
$-0.44
$-0.42
Q4 24
$-1.19
$-0.46
Q3 24
$-0.40
$-0.54
Q2 24
$-0.90
$-0.53
Q1 24
$-0.37
$-0.55

Balance Sheet & Financial Strength

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

Metric
IQST
IQST
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$2.2M
$208.6M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$16.3M
$261.7M
Total Assets
$51.1M
$349.5M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
OUST
OUST
Q4 25
$2.2M
$208.6M
Q3 25
$2.3M
$244.5M
Q2 25
$2.0M
$226.5M
Q1 25
$1.1M
$168.2M
Q4 24
$2.5M
$172.0M
Q3 24
$2.1M
$151.4M
Q2 24
$797.2K
$184.2M
Q1 24
$2.7M
$187.8M
Total Debt
IQST
IQST
OUST
OUST
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
Stockholders' Equity
IQST
IQST
OUST
OUST
Q4 25
$16.3M
$261.7M
Q3 25
$17.9M
$247.4M
Q2 25
$14.3M
$221.0M
Q1 25
$11.6M
$167.9M
Q4 24
$11.9M
$180.9M
Q3 24
$8.1M
$171.7M
Q2 24
$7.6M
$170.6M
Q1 24
$8.4M
$167.2M
Total Assets
IQST
IQST
OUST
OUST
Q4 25
$51.1M
$349.5M
Q3 25
$46.9M
$353.8M
Q2 25
$51.4M
$321.8M
Q1 25
$42.0M
$268.6M
Q4 24
$79.0M
$276.1M
Q3 24
$32.4M
$255.2M
Q2 24
$30.0M
$309.9M
Q1 24
$22.1M
$317.7M
Debt / Equity
IQST
IQST
OUST
OUST
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
IQST
IQST
OUST
OUST
Operating Cash FlowLast quarter
$-1.2M
$-15.4M
Free Cash FlowOCF − Capex
$-1.2M
$-37.2M
FCF MarginFCF / Revenue
-1.5%
-59.8%
Capex IntensityCapex / Revenue
0.0%
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.0M
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
OUST
OUST
Q4 25
$-1.2M
$-15.4M
Q3 25
$-953.0K
$-18.3M
Q2 25
$257.7K
$-1.3M
Q1 25
$-1.9M
$-4.9M
Q4 24
$-403.7K
$-2.6M
Q3 24
$625.0K
$-3.8M
Q2 24
$-2.6M
$-21.6M
Q1 24
$-536.9K
$-5.7M
Free Cash Flow
IQST
IQST
OUST
OUST
Q4 25
$-1.2M
$-37.2M
Q3 25
$-969.2K
$-20.0M
Q2 25
$211.7K
$-2.2M
Q1 25
$-2.0M
$-5.4M
Q4 24
$-421.3K
$-4.0M
Q3 24
$594.5K
$-4.3M
Q2 24
$-2.6M
$-22.0M
Q1 24
$-608.5K
$-7.1M
FCF Margin
IQST
IQST
OUST
OUST
Q4 25
-1.5%
-59.8%
Q3 25
-0.9%
-50.7%
Q2 25
0.3%
-6.3%
Q1 25
-3.4%
-16.6%
Q4 24
-0.4%
-13.3%
Q3 24
1.1%
-15.4%
Q2 24
-3.4%
-81.5%
Q1 24
-1.2%
-27.4%
Capex Intensity
IQST
IQST
OUST
OUST
Q4 25
0.0%
35.0%
Q3 25
0.0%
4.3%
Q2 25
0.1%
2.5%
Q1 25
0.1%
1.7%
Q4 24
0.0%
4.8%
Q3 24
0.1%
2.0%
Q2 24
0.0%
1.3%
Q1 24
0.1%
5.3%

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%

OUST
OUST

Segment breakdown not available.

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