Borqs Technologies Income Statement 2025-2011 | BRQS

Brief overview of financial performance at Borqs Technologies

The conclusions below are based on five years of reported results. The revenue attributed to Borqs Technologies moved from $26.8 million to $13.6 million between the two endpoints. Across the full period, sales moved by −49.2%; the average annual rate was −12.7%. The business finished the period with a smaller revenue base.

The gross result shifted from 1.6 million dollars to 500 thousand dollars, or −68.7%. Revenue and direct costs changed at similar rates. Comparing the endpoints gives gross margins of 6% and 3.7%. The margin decline reflects a less favorable sales-and-cost structure.

EBITDA changed from −40.5 million dollars to −17.4 million dollars (+57.1%). The operating result outpaced sales and points to improving efficiency. EBITDA margin moved from −151.3% to −127.7%. The increased EBITDA share is a positive sign.

Comparing the endpoints shows a move from −$34.8 million to $5.4 million. The business moved out of a loss and ended the period with a profit.

Financial takeaway

The financial trajectory is weak and requires a cautious interpretation. The strongest signals are improving net profitability and positive operating leverage. The most visible risks are a softer top-line trend, pressure from direct costs and a narrow EBITDA buffer. Further direction will depend on top-line growth, operating profitability, and net income.