Borqs Technologies, Inc. Financial Summary

Quick Answer

Borqs Technologies, Inc. reported Total Revenue of $27.71 million for fiscal year 2024.

Borqs Technologies, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $27.71M
+34.7%
$20.57M
-50.1%
$41.20M
+39.4%
$29.56M
+10.5%
$26.75M
-73.0%
$98.96M
-22.9%
Net Income $16.70M
+163.1%
-$26.47M
+22.2%
-$34.03M
+39.1%
-$55.87M
-60.6%
-$34.79M
+2.7%
-$35.73M
+50.2%
Diluted EPS $0.55
+127.1%
-$2.03
+88.6%
-$17.79
+80.4%
-$90.95
-612.8%
-$12.76
-1229.2%
-$0.96
+58.3%
Total Assets $25.41M
+18.6%
$21.43M
-28.9%
$30.14M
-43.4%
$53.25M
+81.4%
$29.35M
-48.3%
$56.80M
-29.3%
Cash and Equivalents $2.03M
+154.0%
$800.0K
-92.9%
$11.30M
+84.8%
$6.12M
+101.0%
$3.04M
+204.1%
$1.00M
-48.2%
Long-Term Debt
Stockholders Equity -$3.40M
+75.0%
-$13.62M
-26.2%
-$10.79M
+53.6%
-$23.25M
+62.6%
-$62.13M
-40.2%
-$44.31M
-99.8%
R&D Expense $2.32M
-36.6%
$3.66M
+8.1%
$3.38M
-36.1%
$5.29M
-35.1%
$8.16M
+54.6%
$5.28M
-16.7%
Operating Income -$3.14M
+72.3%
-$11.34M
-228.9%
-$3.45M
+86.8%
-$26.15M
+35.6%
-$40.62M
-39.3%
-$29.16M
+56.3%
Gross Profit $5.79M
+49.5%
$3.87M
-30.1%
$5.54M
+112.5%
$2.61M
+63.3%
$1.60M
+180.5%
$569.0K
+109.4%
Shares Outstanding 28.97M
+0.4%
28.87M
+505.8%
4.77M
-53.3%
10.21M
-83.0%
59.94M
+54.2%
38.88M
+24.2%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2018 $28.29M -36.2% -49.8%
Net Income September 30, 2018 -$2.51M +78.8% -237.0%
Diluted EPS September 30, 2018 -$0.09 +92.6% -228.6%
Total Assets September 30, 2018 $127.80M +6.6% -4.4%
Cash and Equivalents September 30, 2018 $1.33M -91.7% +1.9%
Long-Term Debt September 30, 2018 $5.56M +0.0%
Stockholders Equity September 30, 2018 $49.53M +7.7% -7.0%
R&D Expense September 30, 2018 $908.0K -76.4% -37.5%
Operating Income September 30, 2018 -$873.0K +92.4% -137.4%
Gross Profit September 30, 2018 $3.84M -50.2% -50.2%
Shares Outstanding September 30, 2018 31.30M +1.6% +0.0%
  • Borqs Technologies, Inc. reported Total Revenue of $27.71 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +34.7% in Total Revenue compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Net Income of $16.70 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +163.1% in Net Income compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Diluted EPS of $0.55 per share for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +127.1% in Diluted EPS compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Total Assets of $25.41 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +18.6% in Total Assets compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Cash and Equivalents of $2.03 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +154.0% in Cash and Equivalents compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Long-Term Debt of $4.49 million for fiscal year 2016.
  • Borqs Technologies, Inc. reported Stockholders Equity of -$3.40 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +75.0% in Stockholders Equity compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported R&D Expense of $2.32 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed a decrease of -36.6% in R&D Expense compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Operating Income of -$3.14 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +72.3% in Operating Income compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Gross Profit of $5.79 million for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +49.5% in Gross Profit compared to the prior fiscal year.
  • Borqs Technologies, Inc. reported Shares Outstanding of 28.97 million shares for fiscal year 2024.
  • Borqs Technologies, Inc. showed an increase of +0.4% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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