Quantum-Si Q2 FY26 net loss narrows to $23.53 million; revenue drops 41.79% to $344,000 - QSI News | RalliesQuantum-Si Q2 FY26 net loss narrows to $23.53 million; revenue drops 41.79% to $344,000
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QSI• Q2 results and operating trends
- Quantum-Si posted Q2 revenue of $344,000, down 41.79% year over year during the Proteus transition period.
- Net loss narrowed to $23.5 million; loss per share improved to $0.11 from $0.16 a year earlier.
- Total operating expenses fell to $25.8 million from $30.5 million; adjusted EBITDA loss improved to $21.2 million.
Proteus launch timing and cash position
- Proteus commercial launch timing shifted to Q2 2027 to add an integrated design cycle focused on manufacturing readiness and repeatability.
- Cost cuts include a roughly 20% workforce reduction; cash runway extended into Q4 2028, with $169.9 million in cash and investments.
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