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OTC · Technology

Borqs Technologies, Inc. (BRQSF)

Borqs Technologies, Inc. reported revenue of $13.6M in fiscal 2025, down 50.9% from a year earlier. Net income was $5.4M, a net margin of 39.4%. In fiscal 2025 capital spending exceeded operating cash flow by $27.9M. At December 31, 2025 it held $2.6M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 15, 2026.

Watch BRQSF in 60 seconds
Price
$0.08
-0.06% on the day · September 28, 2026
52-week range $0.08 to $0.20
Revenue (FY2025)
$13.6M
-50.9% year on year
Net margin
39.4%

What Borqs Technologies, Inc. does

Borqs Technologies, Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on OTC under the ticker BRQSF.

Revenue and profit by year

Revenue
FY18: $128.4M $128.4M FY18FY19: $99M $99M FY19FY20: $26.8M $26.8M FY20FY21: $29.6M $29.6M FY21FY22: $41.2M $41.2M FY22FY23: $20.6M $20.6M FY23FY24: $27.7M $27.7M FY24FY25: $13.6M $13.6M FY25
Net income
FY18: -$71.8M -$71.8M FY18FY19: -$35.7M -$35.7M FY19FY20: -$34.8M -$34.8M FY20FY21: -$55.9M -$55.9M FY21FY22: -$34M -$34M FY22FY23: -$26.5M -$26.5M FY23FY24: $16.7M $16.7M FY24FY25: $5.4M $5.4M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$13.6M-$17.4M$5.4M$0.16-$27.9M
2024$27.7M-$3.1M$16.7M$0.55-$2.9M
2023$20.6M-$11.3M-$26.5M-$2.03-$7M
2022$41.2M-$3.4M-$34M-$17.79-$6.2M
2021$29.6M-$26.2M-$55.9M-$90.95-$29.5M
2020$26.8M-$40.6M-$34.8M-$153.10-$8.1M

Full financial statements: income, balance sheet and cash flow

Where BRQSF ranks in Technology

Revenue$13.6M
#578 of 731 in Technology · Bottom 21%
Revenue growth-50.9%
#602 of 604 in Technology · Bottom 1%
Net margin39.4%
#25 of 611 in Technology · Top 4%
Free cash flow margin-205.4%
#560 of 569 in Technology · Bottom 2%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Borqs Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. May 15, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 51% to $13.6M versus the prior year; diluted EPS $0.16 versus $0.55.
  2. April 30, 2026
  3. December 23, 2025
  4. October 14, 2025
  5. May 15, 2025
    Annual report (foreign issuer) 20-F · period to December 31, 2024Revenue rose 35% to $27.7M versus the prior year; diluted EPS $0.55 versus -$2.03.
  6. April 30, 2025
  7. April 14, 2025
  8. December 23, 2024
  9. December 23, 2024
  10. November 12, 2024

Recent insider filings (Forms 3, 4 and 144): 10, the latest on April 10, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about BRQSF

What does Borqs Technologies, Inc. do?

Borqs Technologies, Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on OTC under the ticker BRQSF.

Is Borqs Technologies, Inc. profitable?

Yes. In fiscal 2025 it reported net income of $5.4M on revenue of $13.6M, a net margin of 39.4%.

How much revenue does Borqs Technologies, Inc. make?

In fiscal 2025 Borqs Technologies, Inc. reported revenue of $13.6M. That is 50.9% less than a year earlier.

When did Borqs Technologies, Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 15, 2026. It covers the period to December 31, 2025.

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Where the numbers come from

Financial figures are the values Borqs Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.