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Side-by-side financial comparison of iQSTEL Inc (IQST) and Urban Edge Properties (UE). Click either name above to swap in a different company.

Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $84.2M, roughly 1.6× iQSTEL Inc). Urban Edge Properties runs the higher net margin — 17.1% vs -3.2%, a 20.3% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 11.6%).

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.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

IQST vs UE — Head-to-Head

Bigger by revenue
UE
UE
1.6× larger
UE
$132.6M
$84.2M
IQST
Growing faster (revenue YoY)
UE
UE
+27.1% gap
UE
12.2%
-14.9%
IQST
Higher net margin
UE
UE
20.3% more per $
UE
17.1%
-3.2%
IQST
Faster 2-yr revenue CAGR
IQST
IQST
Annualised
IQST
28.0%
11.6%
UE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IQST
IQST
UE
UE
Revenue
$84.2M
$132.6M
Net Profit
$-2.7M
$22.6M
Gross Margin
3.5%
Operating Margin
-2.9%
Net Margin
-3.2%
17.1%
Revenue YoY
-14.9%
12.2%
Net Profit YoY
-44.5%
-6.7%
EPS (diluted)
$-0.92
$0.18

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
UE
UE
Q1 26
$132.6M
Q4 25
$84.2M
$119.6M
Q3 25
$102.9M
$120.1M
Q2 25
$72.2M
$114.1M
Q1 25
$57.6M
$118.2M
Q4 24
$98.9M
$116.4M
Q3 24
$54.2M
$112.4M
Q2 24
$78.6M
$106.5M
Net Profit
IQST
IQST
UE
UE
Q1 26
$22.6M
Q4 25
$-2.7M
$12.4M
Q3 25
$-2.3M
$14.9M
Q2 25
$-2.3M
$58.0M
Q1 25
$-1.1M
$8.2M
Q4 24
$-1.9M
$30.1M
Q3 24
$-773.0K
$9.1M
Q2 24
$-2.0M
$30.8M
Gross Margin
IQST
IQST
UE
UE
Q1 26
Q4 25
3.5%
Q3 25
2.7%
Q2 25
2.6%
Q1 25
3.4%
Q4 24
2.7%
Q3 24
3.7%
Q2 24
2.8%
Operating Margin
IQST
IQST
UE
UE
Q1 26
Q4 25
-2.9%
11.3%
Q3 25
-0.5%
13.4%
Q2 25
-0.9%
53.9%
Q1 25
-1.0%
7.6%
Q4 24
-0.3%
27.6%
Q3 24
-0.1%
8.9%
Q2 24
-0.4%
30.6%
Net Margin
IQST
IQST
UE
UE
Q1 26
17.1%
Q4 25
-3.2%
10.4%
Q3 25
-2.3%
12.4%
Q2 25
-3.3%
50.8%
Q1 25
-2.0%
6.9%
Q4 24
-1.9%
25.9%
Q3 24
-1.4%
8.1%
Q2 24
-2.5%
28.9%
EPS (diluted)
IQST
IQST
UE
UE
Q1 26
$0.18
Q4 25
$-0.92
$0.09
Q3 25
$-0.68
$0.12
Q2 25
$-0.82
$0.46
Q1 25
$-0.44
$0.07
Q4 24
$-1.19
$0.25
Q3 24
$-0.40
$0.07
Q2 24
$-0.90
$0.26

Balance Sheet & Financial Strength

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

Metric
IQST
IQST
UE
UE
Cash + ST InvestmentsLiquidity on hand
$2.2M
$50.0M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$16.3M
$1.4B
Total Assets
$51.1M
$3.4B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQST
IQST
UE
UE
Q1 26
$50.0M
Q4 25
$2.2M
$48.9M
Q3 25
$2.3M
$77.8M
Q2 25
$2.0M
$53.0M
Q1 25
$1.1M
$48.0M
Q4 24
$2.5M
$41.4M
Q3 24
$2.1M
$67.9M
Q2 24
$797.2K
$78.6M
Total Debt
IQST
IQST
UE
UE
Q1 26
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
Stockholders' Equity
IQST
IQST
UE
UE
Q1 26
$1.4B
Q4 25
$16.3M
$1.4B
Q3 25
$17.9M
$1.4B
Q2 25
$14.3M
$1.4B
Q1 25
$11.6M
$1.4B
Q4 24
$11.9M
$1.4B
Q3 24
$8.1M
$1.3B
Q2 24
$7.6M
$1.3B
Total Assets
IQST
IQST
UE
UE
Q1 26
$3.4B
Q4 25
$51.1M
$3.3B
Q3 25
$46.9M
$3.3B
Q2 25
$51.4M
$3.3B
Q1 25
$42.0M
$3.3B
Q4 24
$79.0M
$3.3B
Q3 24
$32.4M
$3.2B
Q2 24
$30.0M
$3.2B
Debt / Equity
IQST
IQST
UE
UE
Q1 26
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×

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
UE
UE
Operating Cash FlowLast quarter
$-1.2M
$39.1M
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-1.5%
Capex IntensityCapex / Revenue
0.0%
1.5%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$-4.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQST
IQST
UE
UE
Q1 26
$39.1M
Q4 25
$-1.2M
$182.7M
Q3 25
$-953.0K
$55.7M
Q2 25
$257.7K
$43.5M
Q1 25
$-1.9M
$32.6M
Q4 24
$-403.7K
$153.2M
Q3 24
$625.0K
$36.6M
Q2 24
$-2.6M
$41.2M
Free Cash Flow
IQST
IQST
UE
UE
Q1 26
Q4 25
$-1.2M
$81.8M
Q3 25
$-969.2K
$26.1M
Q2 25
$211.7K
$19.6M
Q1 25
$-2.0M
$11.9M
Q4 24
$-421.3K
$42.5M
Q3 24
$594.5K
$12.2M
Q2 24
$-2.6M
$19.9M
FCF Margin
IQST
IQST
UE
UE
Q1 26
Q4 25
-1.5%
68.4%
Q3 25
-0.9%
21.7%
Q2 25
0.3%
17.2%
Q1 25
-3.4%
10.0%
Q4 24
-0.4%
36.6%
Q3 24
1.1%
10.8%
Q2 24
-3.4%
18.6%
Capex Intensity
IQST
IQST
UE
UE
Q1 26
1.5%
Q4 25
0.0%
84.4%
Q3 25
0.0%
24.6%
Q2 25
0.1%
20.9%
Q1 25
0.1%
17.5%
Q4 24
0.0%
95.1%
Q3 24
0.1%
21.7%
Q2 24
0.0%
20.1%
Cash Conversion
IQST
IQST
UE
UE
Q1 26
1.73×
Q4 25
14.71×
Q3 25
3.73×
Q2 25
0.75×
Q1 25
3.97×
Q4 24
5.09×
Q3 24
4.03×
Q2 24
1.34×

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%

UE
UE

Rental revenue$124.2M94%
Other$8.4M6%

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