Quick Answer
Borqs Technologies, Inc. reported Net Income of $16.70 million for fiscal year 2024.
Borqs Technologies, Inc. Net Income — Annual History
| Fiscal Year | Net Income | YoY Change |
|---|---|---|
| 2024 | $16.70M | +163.1% |
| 2023 | -$26.47M | +22.2% |
| 2022 | -$34.03M | +39.1% |
| 2021 | -$55.87M | -60.6% |
| 2020 | -$34.79M | +2.7% |
| 2019 | -$35.73M | +50.2% |
| 2018 | -$71.76M | -471.0% |
| 2017 | -$12.57M | -611.9% |
| 2017 | -$1.77M | -154.7% |
| 2016 | $3.23M | +922.9% |
| 2016 | -$392.3K | -118.6% |
| 2015 | $2.11M | — |
Quarterly Net Income
| Quarter Ending | Net Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2018 | -$2.51M | +78.8% | -237.0% |
| June 30, 2018 | $1.83M | +257.5% | +52.6% |
| March 31, 2018 | $1.20M | +1149.0% | +110.1% |
| September 30, 2017 | -$11.81M | -529.8% | -916.8% |
| June 30, 2017 | -$1.16M | — | -1310.4% |
| March 31, 2017 | $96.0K | +185.5% | +132.9% |
| December 31, 2016 | -$292.2K | -369.6% | +84.4% |
| September 30, 2016 | -$1.88M | -62958.8% | -1571.6% |
- Borqs Technologies, Inc. showed an increase of +163.1% in Net Income compared to the prior fiscal year.
- Over the 2015–2024 period, Borqs Technologies, Inc.’s net income has grown by 691.0% (from $2.11 million to $16.70 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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