QTEX revenueFY2025$289.0K
QTEX revenue was $289.0K for fiscal 2025 (ended Dec 31, 2025), compared with $0 in fiscal 2024.
QTREX Quantum Ltd. (QTEX) financials
For fiscal 2025 (ended Dec 31, 2025), QTREX Quantum Ltd. reported $289.0K of revenue and -$13.22M of net income.
- Revenue, FY2025
- $289.0K
- Net income, FY2025
- -$13.22M
- Net margin
- -4574.4%
- Free cash flow, FY2025
- -$9.96M
- EPS, diluted, FY2025
- -$0.45
- Cash
- $3.16M
- P/S
- 205.27
- Market cap
- $59.3M
FY2023FY2025
FY2019FY2025
FY2019FY2025
QTEX revenue and earnings growth
QTEX net incomeFY2025-$13.22M
QTEX net income was -$13.22M for fiscal 2025 (ended Dec 31, 2025), compared with -$11.05M in fiscal 2024.
QTEX EPSFY2025-$0.45
QTEX diluted EPS was -$0.45 for fiscal 2025 (ended Dec 31, 2025).
QTEX free cash flowFY2025-$9.96M
QTEX free cash flow was -$9.96M for fiscal 2025 (ended Dec 31, 2025), compared with -$9.54M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $289.0K | $0 | $0 | - | - | - | - |
| Cost of revenue | $287.0K | $0 | $0 | - | - | - | - |
| Gross profit | $2.0K | $0 | $0 | - | - | - | - |
| Research and development | $7.50M | $6.32M | $7.32M | $8.18M | $4.07M | - | - |
| Selling, general and admin | $5.53M | $4.18M | $4.06M | $5.38M | $6.94M | $140.0K | $67.0K |
| Operating income | -$13.62M | -$11.27M | -$12.13M | -$14.89M | -$12.96M | $6.27M | $1.27M |
| Interest expense | - | - | $1.16M | - | - | - | - |
| Pre-tax income | -$13.22M | -$11.05M | -$11.29M | -$14.98M | -$17.19M | $7.23M | $4.58M |
| Income tax | $0 | $0 | $0 | - | - | - | - |
| Net income | -$13.22M | -$11.05M | -$11.29M | -$14.98M | -$17.19M | -$7.23M | -$4.58M |
| EPS, basic | -$0.45 | -$0.60 | -$0.93 | -$1.39 | -$3.24 | -$3.67 | -$2.40 |
| EPS, diluted | -$0.45 | -$0.60 | -$0.93 | -$1.39 | -$3.24 | -$3.67 | -$2.40 |
| Diluted shares | 29.6M | 18.5M | 12.1M | 10.8M | 5.3M | 2.0M | 1.9M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $3.16M | $5.11M | $5.04M | $6.84M | $23.87M | $541.0K | $96.0K |
| Short-term investments | - | $700.0K | $2.30M | $7.10M | - | - | - |
| Inventory | $735.0K | $444.0K | - | - | - | - | - |
| Current assets | $4.41M | $6.81M | $7.79M | $14.49M | $24.51M | $684.0K | - |
| Total assets | $5.34M | $8.07M | $9.31M | $16.17M | $25.87M | $987.0K | - |
| Current liabilities | $2.82M | $3.37M | $2.98M | $1.66M | $4.31M | $951.0K | - |
| Total liabilities | - | - | - | $3.34M | $5.52M | $2.69M | - |
| Shareholders' equity | $2.32M | $4.32M | $5.74M | $13.63M | $23.73M | -$1.33M | -$4.64M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$9.86M | -$9.37M | -$9.69M | -$9.21M | -$6.68M | -$1.88M | -$1.11M |
| Capital expenditures | $103.0K | $164.0K | $206.0K | $263.0K | $182.0K | $23.0K | $31.0K |
| Free cash flow | -$9.96M | -$9.54M | -$9.90M | -$9.47M | -$6.87M | -$1.90M | -$1.14M |
| Investing cash flow | $565.0K | $1.49M | $4.59M | -$7.38M | -$182.0K | -$26.0K | -$71.0K |
| Financing cash flow | $7.33M | $7.90M | $3.45M | -$399.0K | $30.20M | $2.29M | $1.27M |
| Dividends paid | - | - | - | $399.0K | $199.0K | $176.0K | $88.0K |
| Stock-based compensation | $3.58M | $1.89M | $1.43M | $4.88M | $6.70M | $3.90M | $3.29M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Gross margin | 0.7% | - | - | - | - | - | - |
| Operating margin | -4713.8% | - | - | - | - | - | - |
| Net margin | -4574.4% | - | - | - | - | - | - |
| Free cash flow margin | -3447.8% | - | - | - | - | - | - |
| Return on equity | -569.1% | -255.7% | -196.7% | -109.9% | -72.5% | - | - |
| Return on assets | -247.5% | -137.0% | -121.2% | -92.6% | -66.5% | -732.3% | - |
| Current ratio | 1.56 | 2.02 | 2.61 | 8.72 | 5.68 | 0.72 | - |
Source: XBRL data QTREX Quantum Ltd. files with the SEC, latest filing dated Mar 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
QTEX peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| QTEX | $289.0K | - | -$13.22M | -4574.4% | $59.3M |
| SYK | $26.30B | +7.9% | $3.62B | 13.8% | $124.00B |
| MMM | $25.25B | +1.7% | $3.54B | 14.0% | $97.47B |
| BSX | $21.07B | +8.9% | $3.50B | 16.6% | $63.81B |
| BDX | $23.25B | +17.4% | $941.00M | 4.0% | $58.63B |
| MDLN | $30.68B | - | $683.00M | 2.2% | $53.55B |
| RMD | $5.73B | +9.0% | $1.59B | 27.8% | $33.16B |
| DXCM | $5.10B | +13.0% | $991.00M | 19.4% | $30.24B |
| WST | $3.40B | +12.6% | $638.90M | 18.8% | $28.78B |
QTEX FAQ
8 questionsWhat is QTEX revenue?
QTREX Quantum Ltd. (QTEX) reported $289.0K of revenue for fiscal 2025 (ended Dec 31, 2025).Is QTEX profitable?
No. QTREX Quantum Ltd. reported a net loss of $13.22M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does QTEX have?
QTREX Quantum Ltd. reported $3.16M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is QTEX gross margin?
QTREX Quantum Ltd.'s gross profit was $2.0K on $289.0K of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 0.7%.What is QTEX free cash flow?
QTREX Quantum Ltd. generated -$9.96M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$9.86M less capital expenditures.What is QTEX earnings per share?
Diluted earnings per share were -$0.45 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did QTEX last report financial results?
The latest statements here come from QTREX Quantum Ltd.'s 20-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.Where does this QTEX financial data come from?
Quantisnow builds these statements from the structured XBRL data QTREX Quantum Ltd. files with the SEC. It is provided for information only and is not investment advice.