Quantum X Labs (QXL) Operating Expenses (2011 - 2026)
Quantum X Labs (QXL) posted quarterly Operating Expenses of -$6.2 million for Q4 2025, up 65.62% year-over-year from -$3.7 million in Q4 2024, and down 315.56% quarter-over-quarter from $2.9 million in Q3 2025.
Quantum X Labs (QXL) Operating Expenses (2011 - 2026) Analysis & Trends
Quantum X Labs (QXL) has reported Operating Expenses for 15 consecutive years, with -$6.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 65.62% year-over-year to -$6.2 million; the TTM figure through Dec 2025 stood at $2.1 million (down 53.44% YoY), while the FY2025 annual figure was $2.0 million, down 54.88% from the prior year.
- Operating Expenses retreated to -$6.2 million in Q4 2025 per QXL's latest filing, from $2.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $25.5 million in Q2 2023 and bottomed at -$18.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $4.5 million across 5 years, with a median of $2.2 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 2570.83% — and 2024, when it sank 217.2%.
- Quantum X Labs' Operating Expenses stood at $488000.0 in 2021, then soared by 245.49% to $1.7 million in 2022, then surged by 809.79% to $15.3 million in 2023, then tumbled by 217.2% to -$18.0 million in 2024, then soared by 65.62% to -$6.2 million in 2025.
- Business Quant data shows QXL's Operating Expenses at -$6.2 million in Q4 2025, $2.9 million in Q3 2025, and $2.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Quantum X Labs | 69.46 Mn | 66.98 Mn | 193,000.00 | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Mn |
| Dec 31, 2025 | -6.18 Mn |
| Sep 30, 2025 | 2.87 Mn |
| Jun 30, 2025 | 2.65 Mn |
| Mar 31, 2025 | 2.79 Mn |
| Dec 31, 2024 | -17.98 Mn |
| Sep 30, 2024 | 5.91 Mn |
| Jun 30, 2024 | 7.03 Mn |
| Mar 31, 2024 | 9.60 Mn |
| Dec 31, 2023 | 15.34 Mn |
| Sep 30, 2023 | 15.93 Mn |
| Jun 30, 2023 | 25.45 Mn |
| Mar 31, 2023 | 19.41 Mn |
| Dec 31, 2022 | 1.69 Mn |
| Sep 30, 2022 | 1.34 Mn |
| Jun 30, 2022 | 953,000.00 |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | 488,000.00 |
| Sep 30, 2021 | 810,000.00 |
| Jun 30, 2021 | 91,000.00 |