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SQNS: financial statements from SEC — TradeAlmanac

SQNS

Sequans Communications S.A.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	26M	37M	34M	61M
Cost of revenue	12M	9M	9M	18M
Gross profit	14M	28M	24M	43M
Research and development	31M	29M	26M	27M
Selling, general and administrative	12M	14M	16M	10M
Operating income	−112M	70M	−30M	−4M
Interest expense	12M	24M	11M	11M
Pre-tax income	−108M	61M	−38M	−6M
Income tax	832,000	4M	3M	3M
Net income	−109M	58M	−41M	−9M
Earnings per share	−0.13	0.23	−0.18	−0.05
Earnings per share, diluted	−0.13	0.20	−0.18	−0.05
Weighted average shares	867M	248M	225M	185M

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	—	13M	9M	6M	6M	5M
Receivables	—	—	3M	5M

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	−26M	−20M	−7M	−2M
Share-based compensation	3M	4M	7M	5M
Investing cash flow	−211M	94M	−24M	−26M
Financing cash flow

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator