Search was Quantum X Labs’s largest segment in fiscal 2025, bringing in $1.54M of $1.57M (98%).
| Segment | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Digital Content | $73.86M | $59.14M | — | — | |
| Search | $22.75M | $20.47M | $4.97M | $1.54M | |
| Adjustments & Eliminations | — | — | — | $26.00K | |
| Total | $96.60M | $79.61M | $4.97M | $1.57M |
Quantum X Labs brought in $1.57M from its two segments in fiscal 2025, the year ended December 31, 2025. Quantum X Labs regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $4.97M. Search was the largest at $1.54M (98.3%), ahead of Adjustments & Eliminations at $26.00K (1.7%).
Quantum X Labs began breaking out Adjustments & Eliminations in fiscal 2025, when it brought in $26.00K. Quantum X Labs stopped reporting Digital Content as a separate segment after fiscal 2023, when it brought in $59.14M.
Enterprise Subscriptions was Quantum X Labs’s largest product and service line in fiscal 2020, bringing in $83.00K of $96.00K (86%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|
| Enterprise Subscriptions | $234.00K | $191.00K | $83.00K |
| Individual Subscriptions | $18.00K | $17.00K | $13.00K |
| Total | $252.00K | $208.00K | $96.00K |
Quantum X Labs brought in $96.00K from its two product and service lines in fiscal 2020, the year ended December 31, 2020. That was down 53.8% from $208.00K in fiscal 2019. Enterprise Subscriptions was the largest at $83.00K (86.5%), ahead of Individual Subscriptions at $13.00K (13.5%).
Compared with fiscal 2019, Individual Subscriptions fell 23.5% to $13.00K and Enterprise Subscriptions fell 56.5% to $83.00K. From fiscal 2018 to 2020, combined revenue from these lines fell from $252.00K to $96.00K, a compound annual decline of 38.3%. Enterprise Subscriptions' share of the total fell from 92.9% to 86.5%.
Quantum X Labs (QXL) reports its revenue by segment and by product and service. In fiscal 2025, Search was its largest segment, bringing in $1.54M (98.3% of the total), followed by Adjustments & Eliminations at $26.00K (1.7%).
Search was Quantum X Labs' largest segment in fiscal 2025, bringing in $1.54M, or 98.3% of the $1.57M total across its two segments.
Enterprise Subscriptions was Quantum X Labs' largest product and service line in fiscal 2020, bringing in $83.00K, or 86.5% of the $96.00K total across its two product and service lines.
Every figure comes from Quantum X Labs' annual financial filings, as reported. Each line keeps the name Quantum X Labs gives it, and years follow its fiscal calendar.
Quantum X Labs' revenue by segment goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.