Quick Answer
Borqs Technologies, Inc. reported Gross Profit of $5.79 million for fiscal year 2024.
Borqs Technologies, Inc. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $5.79M | +49.5% |
| 2023 | $3.87M | -30.1% |
| 2022 | $5.54M | +112.5% |
| 2021 | $2.61M | +63.3% |
| 2020 | $1.60M | +180.5% |
| 2019 | $569.0K | +109.4% |
| 2018 | -$6.02M | -132.1% |
| 2017 | $18.74M | -8.6% |
| 2016 | $20.50M | +20.1% |
| 2015 | $17.07M | — |
Quarterly Gross Profit
| Quarter Ending | Gross Profit | YoY | QoQ |
|---|---|---|---|
| September 30, 2018 | $3.84M | -50.2% | -50.2% |
| June 30, 2018 | $7.71M | +35.5% | -13.0% |
| March 31, 2018 | $8.86M | +113.1% | +14.7% |
| September 30, 2017 | $7.72M | +53.2% | +35.7% |
| June 30, 2017 | $5.69M | — | +36.9% |
| March 31, 2017 | $4.16M | — | -17.5% |
| September 30, 2016 | $5.04M | — | — |
- Borqs Technologies, Inc. showed an increase of +49.5% in Gross Profit compared to the prior fiscal year.
- Over the 2015–2024 period, Borqs Technologies, Inc.’s gross profit has declined by 66.1% (from $17.07 million to $5.79 million).
- The most recent figure is from Borqs Technologies, Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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