Q (QCLS) Operating Expenses (2013 - 2026)

Q (QCLS) has reported Operating Expenses for 14 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 33.93% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $6.4 million (down 17.62% YoY), while the FY2025 annual figure was $7.2 million, down 5.19% from the prior year.
• Operating Expenses slipped to $1.6 million in Q1 2026 per QCLS's latest filing, from $1.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $4.2 million in Q4 2023 and bottomed at $1.3 million in Q3 2025.
• Historically, Operating Expenses has averaged $2.6 million across 5 years, with a median of $2.3 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 65.69% — and 2024, when it sank 65.37%.
• Q's Operating Expenses stood at $3.7 million in 2022, then gained by 13.71% to $4.2 million in 2023, then slumped by 48.91% to $2.1 million in 2024, then slipped by 19.42% to $1.7 million in 2025, then declined by 8.79% to $1.6 million in 2026.
• Business Quant data shows QCLS's Operating Expenses at $1.6 million in Q1 2026, $1.7 million in Q4 2025, and $1.3 million in Q3 2025.