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Side-by-side financial comparison of iQSTEL Inc (IQST) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $84.2M, roughly 1.5× iQSTEL Inc). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -3.2%, a 4.7% gap on every dollar of revenue. On growth, SMITH & WESSON BRANDS, INC. posted the faster year-over-year revenue change (-3.9% vs -14.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-1.2M). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
IQST vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $84.2M | $124.7M |
| Net Profit | $-2.7M | $1.9M |
| Gross Margin | 3.5% | 24.3% |
| Operating Margin | -2.9% | 3.3% |
| Net Margin | -3.2% | 1.5% |
| Revenue YoY | -14.9% | -3.9% |
| Net Profit YoY | -44.5% | -53.6% |
| EPS (diluted) | $-0.92 | $0.04 |
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 | $84.2M | $124.7M | ||
| Q3 25 | $102.9M | $85.1M | ||
| Q2 25 | $72.2M | $140.8M | ||
| Q1 25 | $57.6M | $115.9M | ||
| Q4 24 | $98.9M | $129.7M | ||
| Q3 24 | $54.2M | $88.3M | ||
| Q2 24 | $78.6M | $159.1M | ||
| Q1 24 | $51.4M | $137.5M |
| Q4 25 | $-2.7M | $1.9M | ||
| Q3 25 | $-2.3M | $-3.4M | ||
| Q2 25 | $-2.3M | $8.6M | ||
| Q1 25 | $-1.1M | $2.1M | ||
| Q4 24 | $-1.9M | $4.5M | ||
| Q3 24 | $-773.0K | $-1.9M | ||
| Q2 24 | $-2.0M | $27.9M | ||
| Q1 24 | $-580.2K | $7.9M |
| Q4 25 | 3.5% | 24.3% | ||
| Q3 25 | 2.7% | 25.9% | ||
| Q2 25 | 2.6% | 28.8% | ||
| Q1 25 | 3.4% | 24.1% | ||
| Q4 24 | 2.7% | 26.6% | ||
| Q3 24 | 3.7% | 27.4% | ||
| Q2 24 | 2.8% | 35.5% | ||
| Q1 24 | 2.7% | 28.7% |
| Q4 25 | -2.9% | 3.3% | ||
| Q3 25 | -0.5% | -3.5% | ||
| Q2 25 | -0.9% | 9.3% | ||
| Q1 25 | -1.0% | 4.1% | ||
| Q4 24 | -0.3% | 5.8% | ||
| Q3 24 | -0.1% | -1.7% | ||
| Q2 24 | -0.4% | 17.4% | ||
| Q1 24 | -0.4% | 8.2% |
| Q4 25 | -3.2% | 1.5% | ||
| Q3 25 | -2.3% | -4.0% | ||
| Q2 25 | -3.3% | 6.1% | ||
| Q1 25 | -2.0% | 1.8% | ||
| Q4 24 | -1.9% | 3.5% | ||
| Q3 24 | -1.4% | -2.1% | ||
| Q2 24 | -2.5% | 17.5% | ||
| Q1 24 | -1.1% | 5.7% |
| Q4 25 | $-0.92 | $0.04 | ||
| Q3 25 | $-0.68 | $-0.08 | ||
| Q2 25 | $-0.82 | $0.19 | ||
| Q1 25 | $-0.44 | $0.05 | ||
| Q4 24 | $-1.19 | $0.10 | ||
| Q3 24 | $-0.40 | $-0.04 | ||
| Q2 24 | $-0.90 | $0.60 | ||
| Q1 24 | $-0.37 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | $4.1M | — |
| Stockholders' EquityBook value | $16.3M | $363.2M |
| Total Assets | $51.1M | $548.6M |
| Debt / EquityLower = less leverage | 0.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $22.4M | ||
| Q3 25 | $2.3M | $18.0M | ||
| Q2 25 | $2.0M | $25.2M | ||
| Q1 25 | $1.1M | $26.7M | ||
| Q4 24 | $2.5M | $39.1M | ||
| Q3 24 | $2.1M | $35.5M | ||
| Q2 24 | $797.2K | $60.8M | ||
| Q1 24 | $2.7M | $47.4M |
| 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 | $16.3M | $363.2M | ||
| Q3 25 | $17.9M | $364.4M | ||
| Q2 25 | $14.3M | $372.5M | ||
| Q1 25 | $11.6M | $366.9M | ||
| Q4 24 | $11.9M | $371.5M | ||
| Q3 24 | $8.1M | $380.0M | ||
| Q2 24 | $7.6M | $399.9M | ||
| Q1 24 | $8.4M | $376.4M |
| Q4 25 | $51.1M | $548.6M | ||
| Q3 25 | $46.9M | $554.6M | ||
| Q2 25 | $51.4M | $559.6M | ||
| Q1 25 | $42.0M | $578.9M | ||
| Q4 24 | $79.0M | $587.4M | ||
| Q3 24 | $32.4M | $571.3M | ||
| Q2 24 | $30.0M | $577.4M | ||
| Q1 24 | $22.1M | $570.6M |
| 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 | $-1.2M | $27.3M |
| Free Cash FlowOCF − Capex | $-1.2M | $16.3M |
| FCF MarginFCF / Revenue | -1.5% | 13.1% |
| Capex IntensityCapex / Revenue | 0.0% | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-4.0M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $27.3M | ||
| Q3 25 | $-953.0K | $-8.1M | ||
| Q2 25 | $257.7K | $40.8M | ||
| Q1 25 | $-1.9M | $-9.8M | ||
| Q4 24 | $-403.7K | $-7.4M | ||
| Q3 24 | $625.0K | $-30.8M | ||
| Q2 24 | $-2.6M | $43.7M | ||
| Q1 24 | $-536.9K | $25.2M |
| Q4 25 | $-1.2M | $16.3M | ||
| Q3 25 | $-969.2K | $-12.4M | ||
| Q2 25 | $211.7K | $33.5M | ||
| Q1 25 | $-2.0M | $-16.1M | ||
| Q4 24 | $-421.3K | $-10.7M | ||
| Q3 24 | $594.5K | $-35.5M | ||
| Q2 24 | $-2.6M | $38.2M | ||
| Q1 24 | $-608.5K | $7.0M |
| Q4 25 | -1.5% | 13.1% | ||
| Q3 25 | -0.9% | -14.6% | ||
| Q2 25 | 0.3% | 23.8% | ||
| Q1 25 | -3.4% | -13.9% | ||
| Q4 24 | -0.4% | -8.3% | ||
| Q3 24 | 1.1% | -40.2% | ||
| Q2 24 | -3.4% | 24.0% | ||
| Q1 24 | -1.2% | 5.1% |
| Q4 25 | 0.0% | 8.8% | ||
| Q3 25 | 0.0% | 5.0% | ||
| Q2 25 | 0.1% | 5.2% | ||
| Q1 25 | 0.1% | 5.4% | ||
| Q4 24 | 0.0% | 2.5% | ||
| Q3 24 | 0.1% | 5.3% | ||
| Q2 24 | 0.0% | 3.5% | ||
| Q1 24 | 0.1% | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
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% |
SWBI
Segment breakdown not available.
