Quantum-Si (QSI) Operating Expenses (2020 - 2026)
Quantum-Si (QSI) reported Operating Expenses of $24.1 million for Q1 2026, down 5.75% year-over-year from $25.6 million in Q1 2025, and up 13.72% quarter-over-quarter from $21.2 million in Q4 2025.
Quantum-Si (QSI) Operating Expenses (2020 - 2026) Analysis & Trends
Quantum-Si (QSI) has 7 years of Operating Expenses data on file, last reported at $24.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $24.1 million, down 5.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $115.8 million (up 3.24% YoY), and the FY2025 annual result was $117.3 million, up 6.42% from the prior year.
- Operating Expenses rose to $24.1 million in Q1 2026 per QSI's latest filing, from $21.2 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 $28.7 million and a median of $27.7 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 130.41% in 2022, then slumped 32.19% in 2025.
- A 5-year view of Operating Expenses shows it stood at $38.8 million in 2022, then fell by 27.76% to $28.1 million in 2023, then gained by 11.5% to $31.3 million in 2024, then sank by 32.19% to $21.2 million in 2025, then advanced by 13.72% to $24.1 million in 2026.
- Business Quant data shows QSI's Operating Expenses at $24.1 million in Q1 2026, $21.2 million in Q4 2025, and $40.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Quantum-Si | 214.57 Mn | 87.23 Mn | 74,000.00 | 24.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 32.16 Mn |