NASDAQ$QSI

Quantum-Si Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Quantum-Si reported financial results for the first quarter ending March 31, 2022.

Quantum-Si's operating expenses increased by 130% compared to the previous year. The company's net loss was $35.2 million, and adjusted EBITDA was negative $27.4 million. They held $434.8 million in cash, cash equivalents and marketable securities as of March 31, 2022.

  • Patrick Schneider was appointed as President & Chief Operating Officer.
  • Progress was made on scale-up activities, technology transfers and contract manufacturer collaborations to build operational scale in preparation for launch.
  • Technology transfer was successfully completed to the Garnet Valley, Pennsylvania facility for the scale up of semiconductor chip production.
  • An application note was shared demonstrating the use of Quantum-Si’s PlatinumTM sequencer to interrogate variants in Beta Amyloid.

Headline financials

EPS (adj)

-$0.25

Previous: -$2.13+88.3%
Adjusted EBITDA

-$27.4M

Previous: -$11.1M-146.7%
Capital Expenditures

$2.5M

Previous: $500K+400.0%
Free Cash Flow

-$25.7M

Previous: -$11.2M-129.0%
Net Income

-$35.2M

Previous: -$35.7M+1.5%
Operating Income

-$27.1M

Previous: -$32.2M+15.6%
Cash & Equivalents

$35M

Previous: $591K+5818.2%
Total Assets

$476M

Previous: $116M+311.3%
Stock-Based Comp

-$714K

Previous: $457K-256.2%

Revenue & EPS history

Quantum-Si · Revenue · Quarterly

$258K

Q1 2026-69.4%vs Q1 2025
Beat estimate in 2 of 5 quarters(40%)
ActualEstimate

Forward guidance

The team is focused on launching in the second half of this year and is encouraged by the progress made this quarter, enabling them to be all systems go for launch.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-4.1%

Avg return

Earnings day

-4.3%

Avg return

5 days after

+1.5%

Avg return

30 days after

39%

9 / 23 earnings

Positive

+14.5%

Q3 2023

Best reaction

-39.5%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.5%-8.3%+1.0%
Q4 2025-4.3%-2.3%-21.1%
Q3 2025-8.5%-12.2%-20.0%
Q1 2025+0.0%-0.3%+12.2%
Q4 2024+6.2%-0.8%-10.8%
Q3 2024-20.8%-26.6%+81.0%
Q2 2024-2.8%-4.8%+4.5%
Q1 2024-5.6%+1.7%-17.8%
Q4 2023+6.3%-7.5%+13.2%
Q3 2023+14.5%+29.0%+26.6%
Q2 2023-39.5%-34.8%-31.9%
Q1 2023-13.5%-15.3%-1.8%
Q4 2022-12.5%-26.4%-27.8%
Q3 2022+3.2%+26.8%-7.6%
Q2 2022-6.0%+9.7%-14.4%
Q1 2022-14.9%-9.1%+3.0%
Q4 2019+6.2%-3.8%+12.5%
Q4 2021+6.8%-9.5%+13.1%
Q3 2021+1.2%+1.4%-21.5%
Q2 2021+1.9%+4.4%+14.2%
Q2 2020+1.9%+4.4%+14.2%
Q1 2021-7.6%-18.7%+28.5%
Q4 2020-1.1%+5.0%-13.8%
Q3 2020
Q1 2020

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