The earnings call reflects significant revenue growth and strong international performance, supported by the successful launch of the Platinum Pro system and advancements in R&D. However, challenges persist in the U.S. academic market due to funding uncertainties and increased operating expenses. Despite potential tariff impacts, the company sustains financial stability with a lengthy cash runway.
Company Guidance
During the first quarter of 2025, Quantum-Si reported revenue of $842,000, marking an 84% increase over the same period in 2024, despite facing challenges due to market uncertainties related to NIH funding. The gross profit for the quarter was $486,000, with a gross margin of 58%. Operating expenses were reported at $25.6 million under GAAP and $22.9 million when adjusted, while the company maintained cash and cash equivalents totaling $232.6 million as of March 31, 2025. Quantum-Si aims to keep adjusted operating expenses at $103 million or less for the year. The company remains focused on its three primary goals: accelerating commercial adoption, delivering on its innovation roadmap, and preserving financial strength, with a strong emphasis on expanding opportunities in the pharma and biotech sectors to mitigate the impact of the NIH-related uncertainties.
Significant Revenue Growth
First quarter revenue of $842,000 represented an 84% increase over the first quarter of 2024.
Strong International Performance
Exited the first quarter with 23 international distribution partners; international business performed well with continued interest from potential customers across all territories.
Launch of Platinum Pro System
Successfully launched the Platinum Pro system and completed first customer sales.
Advancements in R&D
On track for the launch of version 4 Sequencing Kit in Q3 2025 and progress in library preparation and Proteus development programs.
Financial Stability
Cash and cash equivalents and investments in marketable securities totaled $232.6 million, providing a runway into the second half of 2027.
Quantum-Si (QSI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QSI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 15, 2025
$1.48
$1.48
0.00%
Mar 03, 2025
$1.30
$1.38
+6.15%
Nov 12, 2024
$1.00
$0.78
-22.00%
Aug 07, 2024
$0.82
$0.85
+3.66%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quantum-Si (QSI) report earnings?
Quantum-Si (QSI) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Quantum-Si (QSI) earnings time?
Quantum-Si (QSI) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.