Delisting risk
QSI · NASDAQ · Medical - Devices

Quantum-Si (QSI)

Builds benchtop systems, kits, and software for research-use protein sequencing.

$0.7676
Pre-market+0.00 (+0.04%)
At close$0.7673(+1.32%)
Loading prices…

Quantum-Si incorporatedQSIHealth Care

Sells Platinum and Platinum Pro instruments, sequencing and library-prep kits, and analysis software for research-use protein analysis. Revenue comes mainly from instruments and consumables, with service/software support, while the business is managed as one reportable segment and is moving toward the Proteus roadmap platform.

Commercializes a research-use next-generation protein sequencing workflow built around Platinum and Platinum Pro instruments, library preparation and barcoding kits, sequencing kits, and Platinum Analysis Software. Product revenue comes from instruments and consumables; service revenue comes from maintenance, software access, and training.

Sales are early-commercialization scale and recently skewed international, with a North American channel partner and a broader distributor network supporting adoption. The company reports one segment, and the CEO reviews consolidated performance for resource allocation.

The main execution task is converting life-science researchers from established proteomics workflows to recurring instrument, consumable, and software use. Proteus remains a roadmap platform, so current-platform demand, upgrade planning, and cash-funded launch readiness shape the business.

Company facts

CEOJeffrey Hawkins
ListedJun 11, 2021
ExchangeNASDAQ
HeadquartersBranford, CT
CountryUnited States
Employees145
CIK0001816431
ISINUS74765K1051

Market cap$150.5M
EPS (ttm)−$0.4642
P/E (ttm)−1.64
ROE-47.1%
P/B0.9198
P/S93.80
Dividend yieldDiv yield
Beta3.71vs XLV 0.30

Price target$1.45+90.8%Avg of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 14, 2026Industrial Alliance SecuritiesTarget$1.90
Mar 4, 2026Canaccord GenuityTarget$1.50$1
Dec 22, 2025Canaccord GenuityReiterateHold$2$1.50
Oct 27, 2025Canaccord GenuityReiterateHold$2

Next report
Nov 4, 2026
in 62 days
EPS estimate
−$0.13
Revenue estimate
$280.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.18−$0.11−$0.16−$0.17−$0.08−$0.10−$0.11Pending
Estimate−$0.18−$0.17−$0.16−$0.12−$0.14−$0.12−$0.11−$0.13
Surprise0.0%+35.3%0.0%−41.7%+42.9%+16.7%+2.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.2M$842.0K$591.0K$552.0K$451.0K$258.0K$344.0KPending
Estimate$1.3M$1.6M$599.3K$599.3K$761.9K$298.7K$302.0K$280.0K
Surprise−6.1%−47.7%−1.4%−7.9%−40.8%−13.6%+13.9%
Estimate−$0.13
ReportedDue Nov 4, 2026
Estimate$280.0K
ReportedDue Nov 4, 2026
View details

Debt to equity1.80%
Current ratio996.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$787.0K$1.2M$842.0K$591.0K$552.0K$451.0K$258.0K$344.0K
Net income−$25.3M−$33.1M−$19.2M−$28.8M−$35.7M−$17.6M−$21.7M−$23.5M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$28.1M−$30.7M−$25.1M−$26.8M−$24.4M−$21.1M−$24.1M−$25.6M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $111.7M · Total debt $3.3M · Total assets $193.6M · Shareholders' equity $180.2M

Revenue
$344.0K
Operating income
−$25.6M
Net income
−$23.5M
View details

No dividends on record.

Institutions148 holders · as of Jun 30, 202624.18%52.94M shares
Insiders7 holders · as of Aug 28, 202613.81%30.22M shares
Otherremainder62.01%135.72M shares

218.88M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (218.88M in the company's Sep 3, 2026 report, 197.82M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Jonathan M. Rothberg1Insiderdirector, 10 percent owner
9.98%19.94M B · 1.90M A13Dfiled Aug 28, 2026
Vanguard Capital Management LLCInstitution
3.46%7.58M A13Fas of Jun 30, 2026
Ark Investment Management LLCInstitution
3.27%7.17M A13Fas of Jun 30, 2026
BlackRock, Inc.Institution
2.39%5.23M A13Fas of Jun 30, 2026
Nikko Asset Management Americas, Inc.Institution
1.78%3.89M A13Fas of Jun 30, 2026
See all 25
  1. Jonathan M. Rothberg's transaction reports restate only vehicles that traded; the 2026 ownership statement (19.94M) is used instead.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 23, 2026Jeffrey Alan Hawkinsdirector, officer: President & CEO−11,311$0.8990
Jun 22, 2026Jeffrey Alan Hawkinsdirector, officer: President & CEO−11,310$0.9574
Jun 23, 2026John S. Vieceliofficer: Chief Product Officer−15,112$0.8990
Jun 22, 2026John S. Vieceliofficer: Chief Product Officer−15,111$0.9574
Jun 23, 2026Jeffry R. Keyesofficer: Chief Financial Officer−4,117$0.8990
View details

  • Thermo Fisher Scientific

    Dominant mass spectrometry and Olink affinity-proteomics rival

  • Bruker

    High-end timsTOF and proteoform mass-spectrometry competitor

  • Danaher

    Diversified life-science tools rival through SCIEX and workflow scale

  • Illumina

    SomaLogic owner expanding NGS-enabled affinity proteomics

  • Agilent Technologies

    Analytical lab-tools competitor in LC-MS proteomics workflows

  • Nautilus Biotechnology

    Emerging single-molecule proteomics platform peer

  • Seer

    Proteograph platform rival for deep unbiased proteomics

  • Bio-Rad Laboratories

    Protein-analysis tools rival in western blotting and assays

ComparePre-market

CompanyPriceChange
Quantum-Si$0.7676+0.04%$150.5M93.8−41.8%
Thermo Fisher Scientific$609.99+0.25%$226.15B32.723.24.9+10.5%
Bruker$60.00+1.61%$8.98B26.12.6+5.2%
Danaher$209.00−0.43%$147.59B37.323.65.9+5.5%
Illumina$213.57+0.10%$32.26B39.837.27.2+9.4%
Agilent Technologies$152.51+0.76%$42.76B29.823.05.8+8.1%
Nautilus Biotechnology$0.9618+3.81%$122.4M644.2
Seer$2.00+1.01%$108.9M7.9−23.4%
Bio-Rad Laboratories$388.51+0.02%$10.46B47.137.74.0−0.1%
Median37.324.85.8+5.5%