v3.26.1
Summary of significant accounting and reporting policies (Tables)
12 Months Ended
Dec. 31, 2025
Corporate information and statement of IFRS compliance [abstract]  
Schedule of Subsidiaries
The Consolidated Financial Statements comprise the financial statements of Sequans Communications S.A., which is the ultimate parent of the group, and its subsidiaries as of and for the years ended December 31, 2025, 2024 and 2023:
NameCountry of
incorporation
Year of
incorporation
%
equity
interest
Sequans Communications Ltd.United Kingdom2005100 
Sequans Communications Inc.United States2008100 
Sequans Communications Ltd. Pte.Singapore2008100 
Sequans Communications Israel (2009) Ltd.Israel2009100 
Sequans Communications Finland OyFinland2020100 
Sequans Communications SASFrance2023100 
Bitquans Holdings LLCUnited States2025100 
ACP Advanced Circuit Pursuit AGSwitzerland2025100 
Schedule of Average and Closing Exchange Rate for the U.S. Dollar
The table below sets forth, for the periods and dates indicated, the average and closing exchange rate for the U.S. dollar (USD) to the euro (EUR), the U.K. pound sterling (GBP), the Singapore dollar (SGD), the New Israeli shekel (NIS) and the Switzerland franc (CHF):
USD/EURUSD/GBPUSD/SGDUSD/NISUSD/CHF
December 31, 2023
Average rate1.0816 1.2435 0.7447 0.2716 Not applicable
Closing rate1.1050 1.2714 0.7573 0.2763 Not applicable
December 31, 2024
Average rate1.0821 1.2794 0.7485 0.2703 Not applicable
Closing rate1.0389 1.2529 0.7335 0.2742 Not applicable
December 31, 2025
Average rate1.1293 1.3190 0.7652 0.2902 1.2053 
Closing rate1.1750 1.3466 0.7779 0.3136 1.2615 
Schedule of Useful Lives Most Commonly Used The useful lives most commonly used are the following:
Machinery and equipment  3 to 5 years
Building and leasehold improvements  Lesser of 6 years or the life of the lease
Computer equipment  3 years
Furniture and office equipment  5 years