BRQSFOTCServices-Computer Integrated Systems DesignFiscal year ends December 31

Borqs Technologies, Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 15, 2026

$0.11+0.02 (+30.21%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 0.7
Dividend yield: –

Borqs Technologies, Inc. cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Depreciation & Amortization	0.02	0.40	0.42	0.38	0.12	0.15	0.09	0.40	–	–	–
Stock-Based Compensation	2.44	0.00	6.82	2.78	7.94	3.00	0.50	0.98	8.80	–	–
Deferred Income Taxes	-0.99	0.08	0.78	-0.06	-0.45	1.00	0.95	-0.28	0.94	0.40	-1.04
Change in Accounts Receivable	4.71	-3.72	1.13	-1.05	-1.38	1.56	-1.20	41	-37	-22	6.83
Change in Inventory	0.03	1.50	0.68	1.98	-5.31	2.20	2.47	9.23	-4.35	-6.42	-4.07
Change in Accounts Payable	-4.83	4.14	-0.22	-1.38	-1.26	-2.98	2.05	-29	27	16	-0.74
Change in Unearned Revenue	1.20	1.30	-2.70	2.11	1.04	-0.03	-11	1.31	-5.12	-3.35	4.89
Operating Cash Flow	-28	-2.77	-6.79	-5.52	-29	-8.06	-7.37	2.58	-13	-9.00	1.63
Capital Expenditures	-0.04	-0.11	-0.25	-0.72	-0.78	-0.07	-0.12	-0.16	-0.84	-0.49	-0.80
Acquisitions	–	9.89	–	3.25	0.12	–	–	–	–	–	–
Sale of Property, Plant & Equipment	–	–	–	–	–	–	–	–	0.00	0.00	0.01
Purchase of Investments	-4.62	-3.38	-2.06	-1.44	–	–	–	–	–	–	–
Sale & Maturity of Investments	2.69	3.50	–	–	–	–	–	–	–	–	–
Investing Cash Flow	25	9.90	-5.01	-3.37	-1.00	3.96	-0.74	-4.26	-8.12	-5.27	-7.37
Share Repurchases	–	–	–	–	–	–	–	-10	–	–	–
Stock Issued	–	–	–	–	–	–	10	–	0.06	–	–
Debt Issued	–	–	–	–	–	1.25	9.50	4.00	2.00	6.00	1.00
Debt Repaid	–	–	–	0.00	-0.11	–	-2.30	-4.00	-2.63	-0.57	-0.05
Other Financing Activities	–	–	–	–	–	–	–	–	18	–	–
Financing Cash Flow	-0.41	-4.05	1.84	15	34	-1.36	12	-12	32	10	0.14
Foreign Exchange Rate Adjustments	2.23	-0.59	-0.31	-2.59	0.31	0.23	1.84	-0.32	0.65	0.27	-0.03
Net Change in Cash	-0.94	2.49	-10	3.41	4.84	-5.23	5.33	-14	12	-3.79	-5.63
Free Cash Flow	-28	-2.88	-7.04	-6.24	-30	-8.13	-7.49	2.43	-13	-9.49	0.84
Income Taxes Paid	–	0.10	–	0.25	0.38	0.54	0.48	0.70	–	0.55	0.62
Interest Paid	0.04	0.30	0.28	0.23	1.71	3.61	4.97	2.58	1.88	0.80	-0.16

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 3.7%
Operating margin: -127.9%
Net margin: 39.4%
Return on equity, FY2025: 322.7%

Financial strength

Current ratio: 5.39
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 165.7%

Valuation

P/E ratio: 0.7
Price to sales: –
Price to book: –
Dividend yield: –