Quantum-Si (QSI) Operating Expenses (2020 - 2026)
Quantum-Si's (QSI) quarterly Operating Expenses came in at $24.1 million in Q1 2026, down 5.75% year-on-year from $25.6 million in Q1 2025, and up 13.72% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses fell 5.75% year-over-year to $24.1 million in Q1 2026; TTM through Mar 2026 was $115.8 million, a 3.24% increase from a year earlier, with the FY2025 full-year figure at $117.3 million, up 6.42% from the prior year.
- Operating Expenses for Q1 2026 stood at $24.1 million, up from $21.2 million in the prior quarter.
- Over the last five years, Operating Expenses for QSI reached as high as $40.0 million in Q3 2025 and fell as low as $21.2 million in Q4 2025.
- Historically, Operating Expenses has averaged $28.7 million across 5 years, with a median of $27.7 million in 2022.
- Across the five-year window, Operating Expenses soared 130.41% in 2022 and plunged 32.19% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $38.8 million in 2022, then slipped by 27.76% to $28.1 million in 2023, then grew by 11.5% to $31.3 million in 2024, then slumped by 32.19% to $21.2 million in 2025, then increased by 13.72% to $24.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Quantum-Si | 171.01 Mn | 43.67 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 |