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Side-by-side financial comparison of iQSTEL Inc (IQST) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $84.2M, roughly 1.2× iQSTEL Inc). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs -3.2%, a 13.5% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -14.9%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-1.2M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
IQST vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $84.2M | $103.6M |
| Net Profit | $-2.7M | $10.6M |
| Gross Margin | 3.5% | 78.2% |
| Operating Margin | -2.9% | 18.1% |
| Net Margin | -3.2% | 10.3% |
| Revenue YoY | -14.9% | 21.0% |
| Net Profit YoY | -44.5% | 9.4% |
| EPS (diluted) | $-0.92 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $102.9M | $85.8M | ||
| Q2 25 | $72.2M | $78.9M | ||
| Q1 25 | $57.6M | $61.3M | ||
| Q4 24 | $98.9M | $85.6M | ||
| Q3 24 | $54.2M | $73.1M | ||
| Q2 24 | $78.6M | $73.2M | ||
| Q1 24 | $51.4M | $61.1M |
| Q4 25 | $-2.7M | $10.6M | ||
| Q3 25 | $-2.3M | $8.2M | ||
| Q2 25 | $-2.3M | $3.2M | ||
| Q1 25 | $-1.1M | $-3.0M | ||
| Q4 24 | $-1.9M | $9.7M | ||
| Q3 24 | $-773.0K | $5.2M | ||
| Q2 24 | $-2.0M | $4.3M | ||
| Q1 24 | $-580.2K | $-2.2M |
| Q4 25 | 3.5% | 78.2% | ||
| Q3 25 | 2.7% | 75.8% | ||
| Q2 25 | 2.6% | 74.5% | ||
| Q1 25 | 3.4% | 74.0% | ||
| Q4 24 | 2.7% | 75.2% | ||
| Q3 24 | 3.7% | 75.0% | ||
| Q2 24 | 2.8% | 73.9% | ||
| Q1 24 | 2.7% | 71.1% |
| Q4 25 | -2.9% | 18.1% | ||
| Q3 25 | -0.5% | 12.8% | ||
| Q2 25 | -0.9% | 5.2% | ||
| Q1 25 | -1.0% | -7.4% | ||
| Q4 24 | -0.3% | 14.6% | ||
| Q3 24 | -0.1% | 9.3% | ||
| Q2 24 | -0.4% | 8.0% | ||
| Q1 24 | -0.4% | -4.9% |
| Q4 25 | -3.2% | 10.3% | ||
| Q3 25 | -2.3% | 9.6% | ||
| Q2 25 | -3.3% | 4.1% | ||
| Q1 25 | -2.0% | -4.9% | ||
| Q4 24 | -1.9% | 11.4% | ||
| Q3 24 | -1.4% | 7.1% | ||
| Q2 24 | -2.5% | 5.9% | ||
| Q1 24 | -1.1% | -3.6% |
| Q4 25 | $-0.92 | $0.45 | ||
| Q3 25 | $-0.68 | $0.36 | ||
| Q2 25 | $-0.82 | $0.14 | ||
| Q1 25 | $-0.44 | $-0.13 | ||
| Q4 24 | $-1.19 | $0.40 | ||
| Q3 24 | $-0.40 | $0.21 | ||
| Q2 24 | $-0.90 | $0.18 | ||
| Q1 24 | $-0.37 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | $4.1M | $0 |
| Stockholders' EquityBook value | $16.3M | $218.9M |
| Total Assets | $51.1M | $273.9M |
| Debt / EquityLower = less leverage | 0.25× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $83.4M | ||
| Q3 25 | $2.3M | $66.0M | ||
| Q2 25 | $2.0M | $81.5M | ||
| Q1 25 | $1.1M | $83.6M | ||
| Q4 24 | $2.5M | $94.4M | ||
| Q3 24 | $2.1M | $82.1M | ||
| Q2 24 | $797.2K | $73.6M | ||
| Q1 24 | $2.7M | $60.7M |
| Q4 25 | $4.1M | $0 | ||
| Q3 25 | $2.7M | $0 | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $3.5M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $3.2M | $27.0M | ||
| Q2 24 | $2.5M | $27.8M | ||
| Q1 24 | $194.0K | $28.5M |
| Q4 25 | $16.3M | $218.9M | ||
| Q3 25 | $17.9M | $204.9M | ||
| Q2 25 | $14.3M | $194.9M | ||
| Q1 25 | $11.6M | $205.6M | ||
| Q4 24 | $11.9M | $216.6M | ||
| Q3 24 | $8.1M | $207.9M | ||
| Q2 24 | $7.6M | $200.7M | ||
| Q1 24 | $8.4M | $193.5M |
| Q4 25 | $51.1M | $273.9M | ||
| Q3 25 | $46.9M | $259.2M | ||
| Q2 25 | $51.4M | $273.0M | ||
| Q1 25 | $42.0M | $280.2M | ||
| Q4 24 | $79.0M | $297.9M | ||
| Q3 24 | $32.4M | $287.7M | ||
| Q2 24 | $30.0M | $278.8M | ||
| Q1 24 | $22.1M | $272.0M |
| Q4 25 | 0.25× | 0.00× | ||
| Q3 25 | 0.15× | 0.00× | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.40× | 0.13× | ||
| Q2 24 | 0.34× | 0.14× | ||
| Q1 24 | 0.02× | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | $-1.2M | $16.8M |
| FCF MarginFCF / Revenue | -1.5% | 16.2% |
| Capex IntensityCapex / Revenue | 0.0% | 0.5% |
| Cash ConversionOCF / Net Profit | — | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $-4.0M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $17.3M | ||
| Q3 25 | $-953.0K | $10.3M | ||
| Q2 25 | $257.7K | $14.8M | ||
| Q1 25 | $-1.9M | $417.0K | ||
| Q4 24 | $-403.7K | $16.3M | ||
| Q3 24 | $625.0K | $10.3M | ||
| Q2 24 | $-2.6M | $13.1M | ||
| Q1 24 | $-536.9K | $924.0K |
| Q4 25 | $-1.2M | $16.8M | ||
| Q3 25 | $-969.2K | $9.2M | ||
| Q2 25 | $211.7K | $14.4M | ||
| Q1 25 | $-2.0M | $38.0K | ||
| Q4 24 | $-421.3K | $15.9M | ||
| Q3 24 | $594.5K | $9.3M | ||
| Q2 24 | $-2.6M | $12.6M | ||
| Q1 24 | $-608.5K | $442.0K |
| Q4 25 | -1.5% | 16.2% | ||
| Q3 25 | -0.9% | 10.8% | ||
| Q2 25 | 0.3% | 18.2% | ||
| Q1 25 | -3.4% | 0.1% | ||
| Q4 24 | -0.4% | 18.5% | ||
| Q3 24 | 1.1% | 12.7% | ||
| Q2 24 | -3.4% | 17.3% | ||
| Q1 24 | -1.2% | 0.7% |
| Q4 25 | 0.0% | 0.5% | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.1% | 0.5% | ||
| Q1 25 | 0.1% | 0.6% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.1% | 1.3% | ||
| Q2 24 | 0.0% | 0.7% | ||
| Q1 24 | 0.1% | 0.8% |
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 4.59× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | — | 3.06× | ||
| Q1 24 | — | — |
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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
