AirIQ Reports 25% Growth in Recurring Revenue for June 2026 Quarter

AirIQ Inc., based in Toronto and a leader in IoT asset management solutions, has announced its financial results for the quarter ending June 30, 2026. The company reports a 25% increase in recurring revenue, reaching a record $1,653,000 compared to $1,323,000 the previous year.

Total revenue climbed to $1,833,000, marking a 29% increase. Gross profit also saw an uptick, increasing by 14% to $993,000, while operating profit grew 7% to $223,000. Notably, net income surged by 331%, reaching $69,000 despite a $43,000 impact from increased non-cash amortization expenses.

AirIQ highlights its ongoing investment in sales, marketing, and rental strategies as contributors to strengthening its business model and enhancing shareholder value. Financial results and detailed analysis are available for review on their website and SEDAR.