Revenue: As of FY2025 Q4, the actual value is USD 451 K.

EPS: As of FY2025 Q4, the actual value is USD -0.08.

EBIT: As of FY2025 Q4, the actual value is USD -23.16 M.

Fourth Quarter 2025 Financial Highlights

• Revenue: Quantum-Si Incorporated reported total revenue of $451 thousand, including product revenue of $415 thousand and service revenue of $36 thousand. This represents a decrease from $1,192 thousand in total revenue for the prior year’s same period .
• Gross Profit and Margin: Gross profit was $122 thousand, resulting in a gross margin of 27% .
• Operating Expenses: Total operating expenses were $21,216 thousand, a decrease from $31,287 thousand in the prior year. Adjusted total operating expenses were $18,277 thousand, down from $26,747 thousand in the prior year .
• Net Loss: The company reported a net loss of - $17,611 thousand, an improvement from a net loss of - $33,121 thousand in the prior year .
• Adjusted EBITDA: Adjusted EBITDA was - $16,982 thousand, compared to - $25,143 thousand in the prior year .

Full Year 2025 Financial Highlights

• Revenue: Total revenue for the full year was $2,436 thousand, comprising product revenue of $2,286 thousand and service revenue of $150 thousand. This was a decrease from $3,058 thousand in total revenue for the full year 2024 .
• Gross Profit and Margin: Gross profit was $1,153 thousand, with a gross margin of 47% .
• Operating Expenses: Total operating expenses were $117,252 thousand, an increase from $110,176 thousand in the prior year. This included lease termination expense of $13,577 thousand and legal settlement expense, net of insurance proceeds, of $5,162 thousand. Adjusted total operating expenses decreased year-over-year to $86,338 thousand from $99,036 thousand .
• Net Loss: The net loss for the full year was - $101,339 thousand, compared to - $101,007 thousand in the prior year .
• Adjusted EBITDA: Adjusted EBITDA was - $80,731 thousand, an improvement from - $92,836 thousand in the prior year .

Balance Sheet Highlights as of December 31, 2025

• Cash and Investments: Cash and cash equivalents and investments in marketable securities totaled $215.8 million, consisting of cash and cash equivalents of $21,639 thousand, current marketable securities of $141,271 thousand, and non-current marketable securities of $52,855 thousand .
• Total Assets: Total assets were $245,607 thousand .
• Total Liabilities: Total liabilities were $25,381 thousand .

Operational Metrics and Outlook

• Proteus Platform: The development of the Proteus platform is on track for a year-end 2026 launch, with a list price announced at $425,000 .
• 2026 Financial Guidance: For the full year 2026, Quantum-Si Incorporated projects approximately $1.0 million in revenue, adjusted total operating expenses of $98.0 million or less, and total cash usage of $93.0 million or less . The company expects its cash and investments to support operations into the second quarter of 2028, positioning 2026 as a transition year with tempered near-term revenue due to strategic choices aimed at long-term platform adoption .