Quantum-Si incorporated (QSI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -25.64M | -16.35M | -32.02M | -20.2M | -26.15M | -22.88M | -23.15M | -18.55M | -23.21M | -20.97M | -21.44M | -22.93M | -28.7M | -19.58M | -21.8M | -25.95M | -23.23M | -17.7M | -18.47M | -19.14M |
| Operating CF Margin % | -9937.21% | -3624.61% | -5800.54% | -3417.43% | -3106.18% | -1919.55% | -2941.93% | -2982.8% | -5078.34% | -5242.25% | -9616.14% | -11182.93% | -11298.43% | - | - | - | - | - | - | - |
| Operating CF Growth % | 1.97% | 28.56% | -38.29% | -8.86% | -12.69% | -9.12% | -7.97% | 19.07% | 19.13% | -7.08% | 1.65% | 11.64% | -23.54% | -10.66% | -18.03% | -35.56% | -116.37% | -114% | -159.74% | - |
| Net Income | -21.67M | -17.61M | -35.7M | -28.84M | -19.19M | -33.12M | -25.31M | -23.1M | -19.47M | -22.05M | -24.73M | -25.57M | -23.61M | -33.14M | -31.71M | -32.41M | -35.17M | -29.42M | -18.09M | -35.7M |
| Depreciation & Amortization | 1.23M | 1.17M | 1.17M | 1.19M | 917K | 994K | 1.16M | 1.39M | 1.06M | 1.09M | 1.17M | 1.09M | 803K | 795K | 729K | 608K | 452K | 329K | 264K | 235K |
| Stock-Based Compensation | 0 | 2.69M | 2.83M | 2.9M | 2.36M | 2.4M | 2.41M | 2.43M | 1.65M | 1.6M | 1.14M | 1.86M | 3.91M | 4.11M | 4.04M | 0 | -714K | 7.08M | 7.4M | 9.99M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 2.97M | -790K | 1.14M | -188K | -4.19M | -1.71M | -872K | -1.1M | -1.24M | -3.52M | 652K | 1.45M | -2.76M | 5.98M | 6.91M | 6.13M | 9.35M | 3.56M | -6.34M | 3.53M |
| Working Capital Changes | -8.16M | -1.81M | -1.46M | 4.74M | -6.05M | 8.55M | -537K | 1.84M | -5.2M | 1.9M | 321K | -1.76M | -7.04M | 2.68M | -1.77M | -267K | 2.86M | 761K | -1.7M | 2.8M |
| Change in Receivables | 5M | 48K | 162K | 115K | 301K | -435K | -424K | -356K | 126K | 98K | -139K | -245K | -82K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | -278K | -1.02M | -223K | 327K | -1.09M | 5.97M | 123K | -929K | -819K | -771K | -585K | -32K | -1.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 316K | 145K | -529K | 61K | -15K | 301K | 194K | 528K | -633K | -488K | 1.22M | -1.22M | -730K | 1.17M | -521K | 0 | 1.48M | -559K | -431K | 455K |
| Cash from Investing | 40.27M | 7.02M | -6.21M | 5.04M | -34.17M | -5.92M | 5.87M | 24.81M | -57.43M | 61.07M | 27.12M | 29.2M | 26.04M | 25.5M | 17.17M | 72.82M | 21.7M | -9.85M | -440.63M | -729K |
| Capital Expenditures | -279K | 17K | -900K | -327K | -1.31M | -1.44M | -975K | -1.13M | -1.05M | 367K | -1.33M | -969K | -2.57M | -3.5M | -1.78M | -2.96M | -2.5M | -3.41M | -1.89M | -729K |
| CapEx % of Revenue | 108.14% | 3.77% | 163.04% | 55.33% | 155.23% | 120.39% | 123.89% | 181.19% | 228.88% | 91.75% | 598.21% | 472.68% | 1013.39% | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -59K | 0 | -44K | 168K | -887K | 0 | 0 | 0 | 0 | -4.63M | 0 | 0 |
| Cash from Financing | 0 | 54K | 46.95M | 41K | 48.37M | 35.79M | 2K | 136K | -56K | -61K | 210K | 0 | 0 | 138K | 1.63M | -584K | 730K | 1.23M | -730K | 515.15M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13K | -1.75M |
| Equity Issued (Net) | 0 | 53K | 46.73M | 41K | 46.77M | 0 | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 264K | 0 | -6K | -1.39M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 1K | 221K | 0 | 1.6M | 35.79M | 0 | 136K | -56K | -61K | 210K | 0 | 0 | 138K | 1.63M | -848K | 730K | 1.23M | 676K | 516.9M |
| Net Change in Cash | 14.56M | -9.27M | 8.72M | -15.11M | -11.95M | 6.97M | -17.28M | 6.39M | -80.7M | 40.04M | 5.89M | 6.27M | -2.66M | 6.06M | -3.01M | 46.29M | -801K | -26.32M | -459.83M | 495.28M |
| Free Cash Flow | -25.92M | -16.33M | -32.92M | -20.52M | -27.46M | -24.32M | -24.13M | -19.68M | -24.31M | -20.6M | -22.82M | -23.73M | -32.16M | -23.08M | -23.58M | -28.91M | -25.73M | -21.11M | -20.37M | -19.87M |
| FCF Margin % | -10045.35% | -3620.84% | -5963.59% | -3472.76% | -3261.4% | -2039.93% | -3065.82% | -3163.99% | -5320.13% | -5150.5% | -10234.08% | -11573.66% | -12661.02% | - | - | - | - | - | - | - |
| FCF Growth % | 5.62% | 32.84% | -36.43% | -4.29% | -12.95% | -18.03% | -5.72% | 17.05% | 24.4% | 10.75% | 3.22% | 17.92% | -24.99% | -9.37% | -15.79% | -45.5% | -128.99% | -154.34% | -182.4% | - |
| FCF per Share | -0.12 | -0.08 | -0.16 | -0.11 | -0.15 | -0.17 | -0.17 | -0.14 | -0.17 | -0.15 | -0.16 | -0.17 | -0.23 | -0.17 | -0.17 | -0.21 | -0.19 | -0.15 | -0.15 | -1.70 |
| FCF Conversion (FCF/Net Income) | 1.18x | 0.93x | 0.90x | 0.70x | 1.36x | 0.69x | 0.91x | 0.80x | 1.19x | 0.95x | 0.87x | 0.90x | 1.22x | 0.59x | 0.69x | 0.80x | 0.66x | 0.60x | 1.02x | 0.54x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92K | 16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |