Quantum-Si (QSI) Operating Expenses (2020 - 2026)
Quantum-Si's (QSI) quarterly Operating Expenses came in at $25.8 million in Q2 2026, down 15.33% year-over-year from $30.5 million in Q2 2025, and up 6.94% quarter-over-quarter from $24.1 million in Q1 2026.
Analysis
Quantum-Si (QSI) Operating Expenses (2020 - 2026) Analysis & Trends
Quantum-Si (QSI) has reported Operating Expenses for 7 consecutive years, with $25.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 15.33% year-over-year to $25.8 million in Q2 2026; TTM through Jun 2026 was $111.1 million, a 4.06% decrease from a year earlier, with the FY2025 full-year figure at $117.3 million, up 6.42% from the prior year.
- Operating Expenses was $25.8 million for Q2 2026 at Quantum-Si, up from $24.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $40.0 million in Q3 2025 and troughed at $21.2 million in Q4 2025.
- A 5-year average of $28.5 million and a median of $27.5 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 130.41% in 2022 and tumbled 32.19% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $38.8 million in 2022, then declined by 27.76% to $28.1 million in 2023, then rose by 11.5% to $31.3 million in 2024, then slumped by 32.19% to $21.2 million in 2025, then increased by 21.61% to $25.8 million in 2026.
- The last three Operating Expenses figures came in at $25.8 million (Q2 2026), $24.1 million (Q1 2026), and $21.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 224.64 Bn | 220.58 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 144.47 Bn | 140.13 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Agilent Technologies | 40.86 Bn | 39.11 Bn | 1.04 Bn | 1.43 Bn |
| 4 | Illumina | 31.47 Bn | 30.30 Bn | 770.00 Mn | 525.00 Mn |
| 5 | Revvity | 13.70 Bn | 12.68 Bn | 416.87 Mn | 327.55 Mn |
| 6 | Bio-Techne | 11.27 Bn | 11.01 Bn | 211.39 Mn | 137.12 Mn |
| 7 | Bio-Rad Laboratories | 10.07 Bn | 8.45 Bn | 345.80 Mn | 273.20 Mn |
| 8 | Repligen | 9.45 Bn | 8.44 Bn | 110.04 Mn | 190.15 Mn |
| 9 | 10x Genomics | 8.64 Bn | 8.09 Bn | 112.50 Mn | 132.05 Mn |
| 10 | Quantum-Si | 163.74 Mn | 163.74 Mn | 172,000.00 | 25.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.80 Mn |
| Mar 31, 2026 | 24.13 Mn |
| Dec 31, 2025 | 21.22 Mn |
| Sep 30, 2025 | 39.97 Mn |
| Jun 30, 2025 | 30.47 Mn |
| Mar 31, 2025 | 25.60 Mn |
| Dec 31, 2024 | 31.29 Mn |
| Sep 30, 2024 | 28.46 Mn |
| Jun 30, 2024 | 26.81 Mn |
| Mar 31, 2024 | 23.63 Mn |
| Dec 31, 2023 | 28.06 Mn |
| Sep 30, 2023 | 27.28 Mn |
| Jun 30, 2023 | 26.97 Mn |
| Mar 31, 2023 | 29.35 Mn |
| Dec 31, 2022 | 38.84 Mn |
| Sep 30, 2022 | 27.66 Mn |
| Jun 30, 2022 | 30.20 Mn |
| Mar 31, 2022 | 27.14 Mn |
| Dec 31, 2021 | 27.79 Mn |
| Sep 30, 2021 | 25.18 Mn |