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Financials · QXL

Quantum X Labs Inc. (QXL) financials

For fiscal 2025 (ended Dec 31, 2025), Quantum X Labs Inc. reported $63.0K of revenue and -$19.29M of net income.

Revenue, FY2025
$63.0K
Revenue growth, YoY
-99.8%
Net income, FY2025
-$19.29M
Net margin
-30611.1%
EPS, diluted, FY2025
$2.28
Cash
$2.44M
Total debt
$976.0K
P/S
1157.13
Market cap
$72.9M
Annual revenue$63.0K
FY2018FY2025
Annual net income-$19.29M
FY2016FY2025
Annual free cash flow$1.40M
FY2016FY2024

QXL revenue and earnings growth

QXL revenueQ2 2026$293.0K

Quarter YoY
-20.8%
QoQ
-17.0%
FY YoY
-99.8%
5Y CAGR
-8.1%

QXL revenue was $293.0K in fiscal Q2 2026 (ended Jun 30, 2026), down 20.8% from a year earlier and down 17.0% from the prior quarter. For the full fiscal 2025 it was $63.0K, down 99.8% from fiscal 2024. Compound annual growth was -8.1% over 5 years. It rose in 2 of the last 7 fiscal years.

QXL net incomeQ2 2026$2.48M

QXL net income was $2.48M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$11.66M a year earlier. For the full fiscal 2025 it was -$19.29M, compared with -$12.05M in fiscal 2024.

QXL EPSQ2 2026$0.12

QXL diluted EPS was $0.12 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was $2.28.

QXL free cash flowQ2 2026-$1.25M

FY YoY
+52.4%

QXL free cash flow was -$1.25M in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2024 it was $1.40M, up 52.4% from fiscal 2023. It rose in 1 of the last 3 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$63.0K$26.94M$79.61M$96.60M$45.22M$96.0K$208.0K$252.0K--
Cost of revenue-----$5.0K$2.0K$75.0K--
Gross profit----$41.0K$91.0K$206.0K$177.0K--
Research and development$69.0K$830.0K$2.89M$3.25M$2.37M$108.0K$233.0K$258.0K-$354.8K-$1.64M
Selling, general and admin$1.63M$1.85M$2.88M$2.16M$1.38M$437.0K$720.0K$317.0K$557.3K-$3.75M
Operating income-$2.18M-$837.0K-$7.47M$2.73M$541.0K-$454.0K-$1.00M-$578.0K-$557.3K-$5.39M
Pre-tax income-$13.44M-$3.45M-$8.75M$1.27M$681.0K-$441.0K-$1.10M-$560.0K--
Income tax-$39.0K$131.0K-$66.0K$153.0K$90.0K$2.0K$15.0K$15.0K--
Net income-$19.29M-$12.05M-$7.32M$28.0K$300.0K-$443.0K-$1.12M-$575.0K-$1.53M-$6.15M
EPS, basic$2.28$2.69$1.97$0.00$0.02$0.01-$0.08-$2.11-$1.05-$4.80
EPS, diluted$2.28$2.69$1.97$0.00$0.01$0.01-$0.08-$2.11-$1.05-$4.80
Diluted shares8.5M4.5M3.7M15.0M15.0M31.2M13.7M273,0491.5M1.3M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$1.02M$24.0K$1.77M$4.20M$5.21M$148.0K$87.0K$51.0K$3.0K$4.5K
Short-term investments-------$17.2K--
Receivables$315.0K$557.0K$11.36M$20.95M$16.41M$15.0K-$15.0K--
Current assets$1.65M$7.75M$17.80M$29.84M$29.25M$225.0K$225.0K$153.0K$15.2K$13.8K
Goodwill$6.39M$1.08M$12.25M$17.36M$12.48M-----
Total assets$10.76M$21.97M$43.28M$63.70M$51.26M$225.0K$230.0K$158.0K$29.5K$57.6K
Current liabilities$4.06M$12.93M$19.77M$28.52M$26.77M$2.30M$1.92M$833.0K$1.01M$1.29M
Short-term debt$781.0K$3.06M$1.44M$1.50M$5.07M$50.0K----
Long-term debt$586.0K$496.0K$3.06M$2.88M$4.27M-----
Total debt$1.37M$3.56M$4.50M$4.38M$9.34M-----
Total liabilities$5.77M$14.46M$24.66M$33.80M$32.74M-$13.04M-$975.2K$1.62M$1.29M
Shareholders' equity$4.99M$7.51M$18.62M$29.90M$18.52M$13.27M-$1.69M-$721.0K-$395.0K-$1.24M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$2.77M$1.40M$934.0K$3.24M$4.37M-$53.0K-$135.0K$30.0K-$630.0K-$858.5K
Capital expenditures-$1.0K$16.0K$58.0K$311.0K-$2.0K--$23.1K
Free cash flow-$1.40M$918.0K$3.18M$4.05M--$137.0K---$881.6K
Investing cash flow-$151.0K-$1.0K-$16.0K-$74.0K-$10.77M$13.0K-$1.0K-$11.9K-$35.0K
Financing cash flow$3.80M-$2.11M-$3.38M-$4.22M$8.28M$99.0K$174.0K$2.04M$606.3K$782.6K
Dividends paid--$130.0K$73.0K------
Stock-based compensation$75.0K$69.0K$135.0K$71.0K-$43.0K---$76.6K$2.03M
Depreciation and amortization$848.0K$813.0K$2.95M$2.81M$1.94M-----

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-99.8%-66.2%-17.6%113.6%47008.3%-53.8%-17.5%---
Net income growth, YoY----90.7%------
EPS growth, YoY-36.5%--100.0%------
Gross margin----0.1%94.8%99.0%70.2%--
Operating margin-3466.7%-3.1%-9.4%2.8%1.2%-472.9%-482.7%-229.4%--
Net margin-30611.1%-44.7%-9.2%0.0%0.7%-461.5%-537.0%-228.2%--
Free cash flow margin-5.2%1.2%3.3%9.0%--65.9%---
Return on equity-386.6%-160.6%-39.3%0.1%1.6%-3.3%----
Return on assets-179.3%-54.9%-16.9%0.0%0.6%-196.9%-485.7%-363.9%-5196.1%-10674.3%
Current ratio0.410.600.901.051.090.100.120.180.020.01
Debt to equity0.270.470.240.150.50-----

Source: XBRL data Quantum X Labs Inc. files with the SEC, latest filing dated Aug 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-15, first reported Aug 14, 2019.

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.

QXL peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
QXL$63.0K-99.8%-$19.29M-30611.1%$72.9M
MSFT$346.44B+17.9%$142.63B41.2%$4.05T
PLTR$7.29B+87.1%$3.67B50.3%$407.69B
ORCL$71.78B+21.6%$18.92B26.4%$362.21B
SAP€36.80B+7.7%€7.16B19.5%$291.67B
CRWD$5.40B+24.3%$58.46M1.1%$234.05B
SHOP$14.17B+32.5%$2.13B15.0%$195.63B
CRM$43.94B+11.2%$9.66B22.0%$176.90B
NOW$15.43B+21.8%$1.45B9.4%$106.66B

QXL FAQ

7 questions
  • What is QXL revenue?
    Quantum X Labs Inc. (QXL) reported $63.0K of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 99.8% from the year before.
  • Is QXL profitable?
    No. Quantum X Labs Inc. reported a net loss of $19.29M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does QXL have?
    Quantum X Labs Inc. reported $2.44M in cash and cash equivalents and $976.0K of debt on its most recent balance sheet in SEC filings.
  • How fast is QXL revenue growing?
    Quantum X Labs Inc.'s revenue changed -99.8% in fiscal 2025, to $63.0K. Its compound annual growth rate was -8.1% over 5 years.
  • What is QXL earnings per share?
    Diluted earnings per share were $2.28 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did QXL last report financial results?
    The latest statements here come from Quantum X Labs Inc.'s 10-Q filed on Aug 13, 2026, covering the period ended Jun 30, 2026.
  • Where does this QXL financial data come from?
    Quantisnow builds these statements from the structured XBRL data Quantum X Labs Inc. files with the SEC. It is provided for information only and is not investment advice.