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

SEMrush Holdings, Inc. is the larger business by last-quarter revenue ($117.7M vs $84.2M, roughly 1.4× iQSTEL Inc). iQSTEL Inc runs the higher net margin — -3.2% vs -9.4%, a 6.2% gap on every dollar of revenue. On growth, SEMrush Holdings, Inc. posted the faster year-over-year revenue change (14.6% vs -14.9%). SEMrush Holdings, Inc. produced more free cash flow last quarter ($14.8M vs $-1.2M). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 17.1%).

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.

Semrush Holdings, Inc. is an American public company that has a SaaS platform known as Semrush. The platform is used for keyword research, competitive analysis, site audits, backlink tracking, domain authority tracking, and online visibility insights. The keyword research tool provides various data points on each keyword. The platform also collects information about online keywords gathered from Google and Bing search engines. It was released by Boston-based company Semrush Inc, founded by Ol...

IQST vs SEMR — Head-to-Head

Bigger by revenue
SEMR
SEMR
1.4× larger
SEMR
$117.7M
$84.2M
IQST
Growing faster (revenue YoY)
SEMR
SEMR
+29.5% gap
SEMR
14.6%
-14.9%
IQST
Higher net margin
IQST
IQST
6.2% more per $
IQST
-3.2%
-9.4%
SEMR
More free cash flow
SEMR
SEMR
$16.1M more FCF
SEMR
$14.8M
$-1.2M
IQST
Faster 2-yr revenue CAGR
IQST
IQST
Annualised
IQST
28.0%
17.1%
SEMR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IQST
IQST
SEMR
SEMR
Revenue
$84.2M
$117.7M
Net Profit
$-2.7M
$-11.1M
Gross Margin
3.5%
80.4%
Operating Margin
-2.9%
-11.8%
Net Margin
-3.2%
-9.4%
Revenue YoY
-14.9%
14.6%
Net Profit YoY
-44.5%
-431.8%
EPS (diluted)
$-0.92
$-0.09

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
SEMR
SEMR
Q4 25
$84.2M
$117.7M
Q3 25
$102.9M
$112.1M
Q2 25
$72.2M
$108.9M
Q1 25
$57.6M
$105.0M
Q4 24
$98.9M
$102.6M
Q3 24
$54.2M
$97.4M
Q2 24
$78.6M
$91.0M
Q1 24
$51.4M
$85.8M
Net Profit
IQST
IQST
SEMR
SEMR
Q4 25
$-2.7M
$-11.1M
Q3 25
$-2.3M
$-2.1M
Q2 25
$-2.3M
$-6.6M
Q1 25
$-1.1M
$849.0K
Q4 24
$-1.9M
$3.3M
Q3 24
$-773.0K
$1.1M
Q2 24
$-2.0M
$1.7M
Q1 24
$-580.2K
$2.1M
Gross Margin
IQST
IQST
SEMR
SEMR
Q4 25
3.5%
80.4%
Q3 25
2.7%
80.2%
Q2 25
2.6%
80.6%
Q1 25
3.4%
81.1%
Q4 24
2.7%
81.7%
Q3 24
3.7%
82.5%
Q2 24
2.8%
83.6%
Q1 24
2.7%
82.9%
Operating Margin
IQST
IQST
SEMR
SEMR
Q4 25
-2.9%
-11.8%
Q3 25
-0.5%
-4.0%
Q2 25
-0.9%
-4.0%
Q1 25
-1.0%
-0.1%
Q4 24
-0.3%
1.7%
Q3 24
-0.1%
1.8%
Q2 24
-0.4%
3.7%
Q1 24
-0.4%
1.7%
Net Margin
IQST
IQST
SEMR
SEMR
Q4 25
-3.2%
-9.4%
Q3 25
-2.3%
-1.9%
Q2 25
-3.3%
-6.0%
Q1 25
-2.0%
0.8%
Q4 24
-1.9%
3.3%
Q3 24
-1.4%
1.1%
Q2 24
-2.5%
1.8%
Q1 24
-1.1%
2.5%
EPS (diluted)
IQST
IQST
SEMR
SEMR
Q4 25
$-0.92
$-0.09
Q3 25
$-0.68
$-0.01
Q2 25
$-0.82
$-0.04
Q1 25
$-0.44
$0.01
Q4 24
$-1.19
$0.03
Q3 24
$-0.40
$0.01
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
SEMR
SEMR
Cash + ST InvestmentsLiquidity on hand
$2.2M
$264.3M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$16.3M
$288.6M
Total Assets
$51.1M
$454.1M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
SEMR
SEMR
Q4 25
$2.2M
$264.3M
Q3 25
$2.3M
$80.8M
Q2 25
$2.0M
$54.3M
Q1 25
$1.1M
$64.7M
Q4 24
$2.5M
$48.9M
Q3 24
$2.1M
$45.1M
Q2 24
$797.2K
$69.6M
Q1 24
$2.7M
$41.4M
Total Debt
IQST
IQST
SEMR
SEMR
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
SEMR
SEMR
Q4 25
$16.3M
$288.6M
Q3 25
$17.9M
$289.7M
Q2 25
$14.3M
$279.0M
Q1 25
$11.6M
$268.7M
Q4 24
$11.9M
$256.6M
Q3 24
$8.1M
$248.5M
Q2 24
$7.6M
$235.6M
Q1 24
$8.4M
$226.0M
Total Assets
IQST
IQST
SEMR
SEMR
Q4 25
$51.1M
$454.1M
Q3 25
$46.9M
$450.4M
Q2 25
$51.4M
$424.9M
Q1 25
$42.0M
$416.5M
Q4 24
$79.0M
$390.9M
Q3 24
$32.4M
$383.8M
Q2 24
$30.0M
$372.9M
Q1 24
$22.1M
$341.7M
Debt / Equity
IQST
IQST
SEMR
SEMR
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
SEMR
SEMR
Operating Cash FlowLast quarter
$-1.2M
$14.9M
Free Cash FlowOCF − Capex
$-1.2M
$14.8M
FCF MarginFCF / Revenue
-1.5%
12.6%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.0M
$57.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
SEMR
SEMR
Q4 25
$-1.2M
$14.9M
Q3 25
$-953.0K
$21.9M
Q2 25
$257.7K
$684.0K
Q1 25
$-1.9M
$22.1M
Q4 24
$-403.7K
$11.9M
Q3 24
$625.0K
$8.1M
Q2 24
$-2.6M
$12.1M
Q1 24
$-536.9K
$14.8M
Free Cash Flow
IQST
IQST
SEMR
SEMR
Q4 25
$-1.2M
$14.8M
Q3 25
$-969.2K
$21.5M
Q2 25
$211.7K
$80.0K
Q1 25
$-2.0M
$21.4M
Q4 24
$-421.3K
$11.5M
Q3 24
$594.5K
$7.6M
Q2 24
$-2.6M
$10.0M
Q1 24
$-608.5K
$14.0M
FCF Margin
IQST
IQST
SEMR
SEMR
Q4 25
-1.5%
12.6%
Q3 25
-0.9%
19.2%
Q2 25
0.3%
0.1%
Q1 25
-3.4%
20.4%
Q4 24
-0.4%
11.2%
Q3 24
1.1%
7.8%
Q2 24
-3.4%
11.0%
Q1 24
-1.2%
16.3%
Capex Intensity
IQST
IQST
SEMR
SEMR
Q4 25
0.0%
0.1%
Q3 25
0.0%
0.4%
Q2 25
0.1%
0.6%
Q1 25
0.1%
0.7%
Q4 24
0.0%
0.4%
Q3 24
0.1%
0.5%
Q2 24
0.0%
2.4%
Q1 24
0.1%
0.9%
Cash Conversion
IQST
IQST
SEMR
SEMR
Q4 25
Q3 25
Q2 25
Q1 25
26.04×
Q4 24
3.57×
Q3 24
7.44×
Q2 24
7.32×
Q1 24
6.91×

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%

SEMR
SEMR

Segment breakdown not available.

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