Quantum-Si's Q2 Loss In Line With Estimates, Revenues Rise Y/Y

Quantum-Si incorporated QSI reported second-quarter 2025 loss of 16 cents per share, which matched the Zacks Consensus Estimate. The company had incurred a loss of 16 cents per share in the year-ago quarter.

Quantum-Si’s revenues increased 12.4% year over year to $0.59 million and missed the Zacks Consensus Estimate by 61.12%. The weaker-than-expected performance led QSI stock to lose 4.86% on Wednesday.

QSI’s Q2 Results in Detail

Segment-wise, QSI’s Product revenues were $0.56 million, which decreased 4.5% year over year. QSI’s Service revenues were $0.03 million, which decreased 13.2% year over year.

Geographically, Quantum-Si’s revenues from the Domestic market accounted for $0.156 million, accounting for 26.4% of the total revenues in the second quarter, which decreased 13.3% year over year. International revenues accounted for $0.435 million, representing 73.6% of the total revenues, down 1.6% year over year.

Quantum-Si Incorporated Price, Consensus and EPS Surprise

Quantum-Si Incorporated price-consensus-eps-surprise-chart | Quantum-Si Incorporated Quote

For the second quarter, QSI posted a gross profit of $0.351 million, representing a decline of 0.8% from the year-ago quarter’s $0.354 million. QSI’s gross margin in the second quarter of 2025 was 59.4%, up 250 basis points year over year.

QSI’s non-GAAP operating expenses decreased to $0.237 million year over year from an operating expense of $0.244 million in the year-ago quarter. QSI’s GAAP operating expenses increased to $0.304 million year over year from a GAAP operating expense of $0.268 million in the year-ago quarter. QSI’s GAAP operating loss widened to $0.30 million year over year from a GAAP operating loss of $0.264 million in the year-ago quarter.

QSI’s Balance Sheet & Cash Flow

Quantum-Si exited the reported quarter with cash and cash equivalents of $0.22 million compared with $0.37 million at the end of the prior quarter, with a total debt of $0.33 million as of June 30, 2025. The company’s net use of cash from operating cash flow was $0.46 million.

QSI 2025 Guidance

QSI revised its 2025 guidance. It now expects the adjusted operating expenses of less than or equal to $98 million from the previously guided mark of $103 million or less.

The Zacks Consensus Estimate for Quantum-Si’s 2025 revenues is pegged at $5.7 million, indicating a year-over-year rise of 85.1%. The Zacks Consensus Estimate for QSI’s 2025 bottom line is pegged at a loss of 62 cents, indicating a year-over-year improvement of 6%.

Zacks Rank & Stocks to Consider

QSI currently has a Zacks Rank #3 (Hold).

Alkami Technology ALKT, Arista Networks ANET and Amphenol APH are some better-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector. While ANET and ALKT carry a Zacks Rank #2 (Buy) each, APH sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Alkami Technology shares have lost 41.7% year to date. The Zacks Consensus Estimate for Alkami Technology’s full-year 2025 earnings is pegged at 15 cents per share, up by 2 cents over the past 30 days, implying growth of 51.7% from the year-ago quarter’s reported figure.

Arista Networks shares have lost 25.8% year to date. The Zacks Consensus Estimate for ANET’s full-year fiscal 2025 earnings is pegged at 65 cents per share, up by a penny in the past 30 days, indicating year-over-year growth of 13.66%.

Amphenol shares have gained 57.7% year to date. The Zacks Consensus Estimate for Amphenol’s full-year 2025 earnings has been revised upward to $2.69 per share in the past seven days, indicating year-over-year growth of 42.33%.

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This article originally published on Zacks Investment Research (zacks.com).

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