Quantum-Si (QSI) Operating Expenses (2020 - 2026)
Quantum-Si (QSI) posted quarterly 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 reported Operating Expenses for 7 consecutive years, with $24.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 5.75% year-over-year to $24.1 million; the TTM figure through Mar 2026 stood at $115.8 million (up 3.24% YoY), while the FY2025 annual figure was $117.3 million, up 6.42% from the prior year.
- Operating Expenses climbed to $24.1 million in Q1 2026 per QSI's latest filing, from $21.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $40.0 million in Q3 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 130.41% — and 2025, when it slumped 32.19%.
- Quantum-Si's Operating Expenses stood at $38.8 million in 2022, then retreated by 27.76% to $28.1 million in 2023, then advanced by 11.5% to $31.3 million in 2024, then slumped by 32.19% to $21.2 million in 2025, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Quantum-Si | 174.11 Mn | 174.11 Mn | 172,000.00 | 25.80 Mn |
Historic Data
Download 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 |