Sequans Communications S.A. (SQNS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.08M | 6.96M | 4.29M | 8.14M | 8.05M | 11.05M | 10.08M | 9.68M | 6.03M | 4.77M | 7.79M | 9.16M | 11.9M | 15.91M | 16.53M | 14.22M | 13.89M | 13.81M | 11.89M | 12.86M |
| Revenue Growth % | -24.56% | -37.05% | -57.45% | -15.85% | 33.63% | 131.49% | 29.46% | 5.65% | -49.35% | -70% | -52.89% | -35.6% | -14.34% | 15.21% | 39% | 10.61% | 12.74% | -12.55% | -15.8% | 5.12% |
| Cost of Goods Sold | 3.78M | 4.34M | 2.53M | 2.9M | 2.86M | 3.6M | 1.77M | 1.55M | 2.17M | 4.19M | 1.1M | 1.63M | 2.56M | 3.94M | 3.71M | 5.59M | 4.44M | 5.92M | 6.04M | 5.58M |
| COGS % of Revenue | 62.29% | 62.33% | 59.08% | 35.62% | 35.55% | 32.63% | 17.53% | 15.99% | 36.05% | 87.79% | 14.19% | 17.74% | 21.48% | 24.73% | 22.43% | 39.32% | 31.93% | 42.88% | 50.82% | 43.42% |
| Gross Profit | 2.29M | 2.62M | 1.75M | 5.24M | 5.19M | 7.44M | 8.31M | 8.13M | 3.85M | 583K | 6.68M | 7.53M | 9.34M | 11.98M | 12.82M | 8.63M | 9.46M | 7.89M | 5.85M | 7.28M |
| Gross Margin % | 37.71% | 37.67% | 40.92% | 64.38% | 64.45% | 67.37% | 82.47% | 84.01% | 63.95% | 12.21% | 85.81% | 82.26% | 78.52% | 75.27% | 77.57% | 60.68% | 68.07% | 57.12% | 49.18% | 56.58% |
| Gross Profit Growth % | -55.86% | -64.8% | -78.89% | -35.51% | 34.69% | 1176.84% | 24.43% | 7.9% | -58.75% | -95.13% | -47.89% | -12.7% | -1.18% | 51.83% | 119.22% | 18.61% | 53.04% | 10.88% | -1.33% | 23.16% |
| Operating Expenses | 11.81M | 11.51M | 22.2M | 13.97M | 12.02M | 12.64M | -78.66M | 11.84M | 12.39M | 13.2M | 14.53M | 12.92M | 13.34M | 12.96M | 11.61M | 10.72M | 11.43M | 11.92M | 10.93M | 10.65M |
| OpEx % of Revenue | 194.35% | 165.54% | 517.49% | 171.63% | 149.18% | 114.39% | -780.32% | 122.34% | 205.53% | 276.47% | 186.58% | 141.04% | 112.1% | 81.47% | 70.21% | 75.42% | 82.26% | 86.29% | 91.93% | 82.85% |
| Selling, General & Admin | 4.41M | 4.91M | 5.97M | 5.2M | 4.79M | 5.48M | 8.87M | 6.05M | 5.77M | 6.88M | 8.55M | 6.57M | 5.85M | 5.6M | 4.68M | 4.85M | 5.01M | 5.24M | 4.3M | 4.8M |
| SG&A % of Revenue | 72.65% | 70.52% | 139.22% | 63.8% | 59.45% | 49.62% | 88.01% | 62.5% | 95.8% | 144.14% | 109.85% | 71.74% | 49.17% | 35.2% | 28.32% | 34.1% | 36.09% | 37.94% | 36.14% | 37.36% |
| Research & Development | 7.39M | 6.61M | 7.99M | 8.78M | 7.23M | 7.52M | 8.6M | 5.79M | 6.61M | 6.32M | 5.97M | 6.35M | 7.49M | 7.36M | 6.92M | 5.88M | 6.41M | 6.68M | 6.63M | 5.85M |
| R&D % of Revenue | 121.7% | 95.02% | 186.38% | 107.82% | 89.73% | 68.08% | 85.35% | 59.83% | 109.72% | 132.33% | 76.73% | 69.29% | 62.93% | 46.26% | 41.89% | 41.31% | 46.17% | 48.36% | 55.79% | 45.48% |
| Other Operating Expenses | 0 | 0 | 1000K | 0 | 0 | -366K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -9.52M | -8.89M | -20.44M | -8.73M | -6.82M | -5.2M | 86.97M | -3.71M | -8.53M | -12.61M | -7.85M | -5.38M | -4M | -986K | 1.22M | -2.1M | -1.97M | -4.03M | -5.08M | -3.38M |
| Operating Margin % | -156.64% | -127.87% | -476.57% | -107.25% | -84.73% | -47.02% | 862.79% | -38.33% | -141.58% | -264.26% | -100.77% | -58.78% | -33.58% | -6.2% | 7.35% | -14.74% | -14.2% | -29.17% | -42.75% | -26.27% |
| Operating Income Growth % | -39.47% | -71.21% | -123.5% | -135.49% | 20.03% | 58.81% | 1208.45% | 31.12% | -113.54% | -1179.21% | -745.76% | -156.82% | -102.64% | 75.53% | 123.9% | 37.93% | 66.17% | 25.84% | 13.95% | 39.24% |
| EBITDA | -8.13M | -6.74M | -17.99M | -7M | -5.17M | -4.26M | 145.66M | -1.61M | -6.22M | -9.58M | -5.56M | -2.52M | -241K | 2.55M | 4.42M | 773K | 428K | -1.63M | -2.62M | -463K |
| EBITDA Margin % | -133.86% | -96.95% | -419.54% | -86.04% | -64.23% | -38.55% | 1445.02% | -16.61% | -103.14% | -200.69% | -71.41% | -27.47% | -2.03% | 16.05% | 26.75% | 5.44% | 3.08% | -11.77% | -22.01% | -3.6% |
| EBITDA Growth % | -57.23% | -58.34% | -112.35% | -335.91% | 16.78% | 55.54% | 2719.75% | 36.13% | -2479.25% | -475.06% | -225.76% | -425.49% | -156.31% | 257.07% | 268.93% | 266.95% | 113.99% | 42.38% | 20.84% | 85.51% |
| D&A (Non-Cash Add-back) | 1.38M | 2.15M | 2.45M | 1.73M | 1.65M | 936K | 58.69M | 2.1M | 2.32M | 3.03M | 2.29M | 2.87M | 3.75M | 3.54M | 3.21M | 2.87M | 2.4M | 2.4M | 2.47M | 2.91M |
| EBIT | -9.52M | -74.13M | 390K | -8.73M | -6.82M | 105.5M | -9.16M | -3.71M | -8.53M | -10.63M | -7.85M | -5.38M | -4M | 6.5M | 1.22M | -2.1M | -1.97M | -4.03M | -5.08M | -3.38M |
| Net Interest Income | -3.91M | -5.73M | -6.86M | 253.15K | 368K | 545.1K | -9.32M | -10.8M | -3.32M | -3.12M | -2.8M | -2.8M | -2.52M | -2.54M | -2.78M | -2.86M | -2.67M | -2.48M | -2.69M | -3.41M |
| Interest Income | 0 | 0 | 0 | 253.15K | 368K | 545.1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.91M | 5.73M | 6.86M | 0 | 0 | 0 | 9.32M | 10.8M | 3.32M | 3.12M | 2.8M | 2.8M | 2.52M | 2.54M | 2.78M | 2.86M | 2.67M | 2.48M | 2.69M | 3.41M |
| Other Income/Expense | -44.85M | -77.53M | 13.97M | -226K | -149K | 1.73M | -10.01M | 3.27M | -3.09M | -3.99M | -1.6M | -2.51M | -378K | -3.07M | -2.47M | -977K | 4.09M | -3.52M | 5.43M | 2.21M |
| Pretax Income | -54.36M | -86.42M | -6.47M | -8.96M | -6.97M | -3.47M | 76.96M | -433K | -11.62M | -16.6M | -9.45M | -7.89M | -4.37M | -4.05M | -1.26M | -3.07M | 2.12M | -7.54M | 347K | -1.17M |
| Pretax Margin % | -894.71% | -1242.44% | -150.9% | -110.02% | -86.58% | -31.4% | 763.5% | -4.48% | -192.85% | -347.77% | -121.36% | -86.2% | -36.76% | -25.48% | -7.6% | -21.61% | 15.28% | -54.63% | 2.92% | -9.08% |
| Income Tax | 146.53K | 640.52K | 178K | 154K | 281K | -1.46M | 4.68M | 146K | 167K | 681K | 104K | 1.22M | 666K | 907K | 1.62M | 120K | 104K | 173K | 155K | 150K |
| Effective Tax Rate % | -0.27% | -0.74% | -2.75% | -1.72% | -4.03% | 42.03% | 6.08% | -33.72% | -1.44% | -4.1% | -1.1% | -15.49% | -15.23% | -22.37% | -128.74% | -3.9% | 4.9% | -2.29% | 44.67% | -12.85% |
| Net Income | -54.51M | -87.06M | -6.65M | -9.11M | -7.25M | -2.01M | 72.28M | -579K | -11.79M | -17.28M | -9.55M | -9.12M | -5.04M | -4.96M | -2.87M | -3.19M | 2.02M | -7.72M | 192K | -1.32M |
| Net Margin % | -897.13% | -1251.64% | -155.05% | -111.91% | -90.07% | -18.2% | 717.05% | -5.98% | -195.62% | -362.04% | -122.69% | -99.55% | -42.36% | -31.18% | -17.38% | -22.45% | 14.53% | -55.89% | 1.61% | -10.24% |
| Net Income Growth % | -651.44% | -4229.31% | -109.2% | -1473.75% | 38.47% | 88.36% | 856.61% | 93.65% | -133.93% | -248.32% | -232.51% | -185.53% | -349.63% | 35.72% | -1596.35% | -142.44% | 117.68% | 31.47% | 102.14% | 93.05% |
| Net Income (Continuing) | -54.51M | -87.06M | -6.65M | -9.11M | -7.25M | -2.01M | 72.28M | -579K | -11.79M | -17.28M | -9.55M | -9.12M | -5.04M | -4.96M | -2.87M | -3.19M | 2.02M | -7.72M | 192K | -1.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -374.40 | -6.30 | -0.48 | -0.36 | -0.29 | -0.08 | 2.90 | -0.02 | -0.48 | -0.71 | -0.42 | -0.40 | -0.26 | -0.26 | -0.15 | -0.17 | 0.11 | -0.51 | 0.01 | -0.09 |
| EPS Growth % | -129003.45% | -7775% | -116.55% | -1465.22% | 39.58% | 88.73% | 790.48% | 94.25% | -84.62% | -173.08% | -180% | -135.29% | -336.36% | 49.02% | -1350% | -91.01% | 113.41% | 43.96% | 101.62% | 94.89% |
| EPS (Basic) | -374.40 | -6.30 | -0.48 | -0.36 | -0.29 | -0.08 | 2.90 | -0.02 | -0.48 | -0.71 | -0.42 | -0.40 | -0.26 | -0.26 | -0.15 | -0.17 | 0.12 | -0.51 | 0.01 | -0.09 |
| Diluted Shares Outstanding | 145.76K | 13.93M | 13.93M | 25.41M | 25.27M | 25.14M | 24.95M | 24.77M | 24.65M | 24.37M | 22.68M | 22.85M | 19.35M | 19.18M | 19.12M | 19.06M | 18.41M | 15M | 16.41M | 14.85M |
| Basic Shares Outstanding | 145.76K | 13.93M | 13.93M | 25.41M | 25.27M | 25.14M | 24.95M | 24.77M | 24.65M | 24.37M | 22.68M | 22.85M | 19.35M | 19.18M | 19.12M | 19.06M | 16.46M | 15M | 14.95M | 14.85M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |