IQSTEL Inc. (NASDAQ: IQST), a global connectivity, AI and digital company, announced on November 7, 2025, that it expects double-digit organic revenue growth in 2026, with a 26% increase in topline to $430 million. The company, which has grown through 12 strategic acquisitions since 2018, operates in telecommunications, fintech and artificial intelligence—all sectors it says are experiencing rapid, transformational growth. IQSTEL anticipates 2025 revenue of $340 million, up from $283 million in 2024, and maintains a strong track record of meeting or exceeding financial forecasts.
Since its launch in 2018, IQSTEL has completed 12 acquisitions, shaping a diversified revenue stream that is now approximately 80% telecommunications and 20% fintech. The company also acquired Reality Border, an AI firm serving as its R&D division focused on proprietary AI-driven solutions. IQSTEL plans to acquire two to three additional accretive businesses as part of its roadmap to achieve $15 million in EBITDA by 2026, while maintaining a focus on profitable organic growth. "Our forecast reflects the strength of our business platform and our ability to deliver consistent, organic growth while preparing for high-margin expansion," said Leandro Iglesias, CEO of IQSTEL. "We are building toward a balanced model of growth that combines innovation, efficiency, and scale—positioning IQSTEL for sustained profitability and long-term shareholder value." Once any deals are completed, the company will update its 2026 revenue target. It remains on track to achieve $1 billion in revenue by 2027.
In addition to acquisitions, IQSTEL is forging partnerships to boost sales. Notably, it recently partnered with AI cybersecurity company Cycurion Inc. (NASDAQ: CYCU) to enter the cybersecurity market. This summer, the two companies agreed to create and sell AI cybersecurity products for global telecommunications and enterprise markets, marking IQSTEL's entry into a potentially high-margin revenue stream. As part of the collaboration, they signed a Memorandum of Understanding to become mutual equity partners following a planned $1 million stock exchange. Both parties also agreed to deliver a $500,000 dividend to their shareholders by December 31, 2025, which may be satisfied in stock. The deal is designed to unlock shareholder value, with IQSTEL gaining access to Cycurion's U.S. market presence and government relationships, while Cycurion gains access to IQSTEL's global telecom customer base. "We are very excited to add cybersecurity to our portfolio of products," said Iglesias. "This partnership with Cycurion, whose specialized solutions are trusted by the U.S. government, not only broadens our capabilities but also enhances the trust we bring to our global telecom and enterprise customers. Our plan is to officially launch these new cybersecurity solutions at the largest global telecom event in 2026."
Wall Street has taken note. Litchfield Hills, which has a buy rating and $18 price target on IQSTEL, noted that the deal structure ensures both companies have skin in the game. Analyst Barry Sine wrote, "By pairing cybersecurity (through Cycurion) with fintech (through GlobeTopper), iQSTEL is broadening its high-margin service suite to telecom partners. That better positions it to increase revenue and EBITDA and deepen partnerships rather than relying solely on connectivity services. We view the iQSTEL–Cycurion alliance as a strategic lever with asymmetric upside, not just another marketing tie-up."
With its 2026 revenue target set and the cybersecurity alliance coming online, IQSTEL is making strides toward its $1 billion revenue goal for 2027. More acquisitions are slated for the new year, promising further growth for this global connectivity, AI and digital company.
