Quantum X Labs Operating Expenses Growth & History (QXL)
Quantum X Labs's operating expenses was $3.5M for fiscal 2025.
View full Quantum X Labs company overviewQuantum X Labs annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.5M | −$620,000 | −15.21% |
| 2024 | 2024-12-31 | $4.1M | −$7.5M | −64.64% |
| 2023 | 2023-12-31 | $11.5M | $827,000 | +7.73% |
| 2022 | 2022-12-31 | $10.7M | $10.3M | +2608.86% |
| 2021 | 2021-12-31 | $395,000 | −$150,000 | −27.52% |
| 2020 | 2020-12-31 | $545,000 | −$665,000 | −54.96% |
| 2019 | 2019-12-31 | $1.2M | $455,000 | +60.26% |
| 2018 | 2018-12-31 | $755,000 | $197,700 | +35.47% |
| 2017 | 2017-12-31 | $557,300 | −$4.8M | −89.67% |
| 2016 | 2016-12-31 | $5.4M | −$2.6M | −32.93% |
| 2015 | 2015-12-31 | $8.0M | $7.9M | +6782.84% |
| 2014 | 2014-12-31 | $116,863 | $65,463 | +127.36% |
| 2013 | 2013-12-31 | $51,400 | $700 | +1.38% |
| 2012 | 2012-12-31 | $50,700 | $3,870 | +8.26% |
| 2011 | 2011-12-31 | $46,830 | $2,126 | +4.76% |
| 2010 | 2010-12-31 | $44,704 | — | — |
Quantum X Labs quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.6M | $211,000 | +15.71% |
| Q1 2026 | 2026-03-31 | $771,000 | $321,000 | +71.33% |
| Q4 2025 | 2025-12-31 | −$1.9M | — | — |
| Q3 2025 | 2025-09-30 | $1.8M | — | — |
| Q2 2025 | 2025-06-30 | $1.3M | — | — |
| Q1 2025 | 2025-03-31 | $450,000 | — | — |
| Q4 2021 | 2021-12-31 | $105,000 | −$442,000 | −80.80% |
| Q3 2021 | 2021-09-30 | $118,000 | $47,000 | +66.20% |
| Q2 2021 | 2021-06-30 | $91,000 | −$3,000 | −3.19% |
| Q1 2021 | 2021-03-31 | $81,000 | — | — |
| Q4 2020 | 2020-12-31 | $547,000 | $131,965 | +31.80% |
| Q3 2020 | 2020-09-30 | $71,000 | −$258,000 | −78.42% |
| Q2 2020 | 2020-06-30 | $94,000 | −$171,342 | −64.57% |
| Q4 2019 | 2019-12-31 | $415,035 | — | — |
| Q3 2019 | 2019-09-30 | $329,000 | $119,000 | +56.67% |
| Q2 2019 | 2019-06-30 | $265,342 | −$358,127 | −57.44% |
| Q1 2019 | 2019-03-31 | $200,623 | −$1.2M | −85.95% |
| Q3 2018 | 2018-09-30 | $210,000 | $179,115 | +579.94% |
| Q2 2018 | 2018-06-30 | $623,469 | $139,093 | +28.72% |
| Q1 2018 | 2018-03-31 | $1.4M | $1.4M | +1980.54% |
| Q3 2017 | 2017-09-30 | $30,885 | −$702,390 | −95.79% |
| Q2 2017 | 2017-06-30 | $484,376 | −$724,558 | −59.93% |
| Q1 2017 | 2017-03-31 | $68,650 | −$1.8M | −96.39% |
| Q4 2016 | 2016-12-31 | $1.5M | $506,474 | +48.55% |
| Q3 2016 | 2016-09-30 | $733,275 | −$5.8M | −88.85% |
| Q2 2016 | 2016-06-30 | $1.2M | $966,269 | +398.19% |
| Q1 2016 | 2016-03-31 | $1.9M | $1.7M | +964.69% |
| Q4 2015 | 2015-12-31 | $1.0M | $958,991 | +1139.04% |
| Q3 2015 | 2015-09-30 | $6.6M | $6.6M | +41692.12% |
| Q2 2015 | 2015-06-30 | $242,665 | $235,858 | +3464.93% |
| Q1 2015 | 2015-03-31 | $178,725 | $168,604 | +1665.88% |
| Q4 2014 | 2014-12-31 | $84,193 | $71,893 | +584.50% |
| Q3 2014 | 2014-09-30 | $15,742 | $3,442 | +27.98% |
| Q2 2014 | 2014-06-30 | $6,807 | −$5,493 | −44.66% |
| Q1 2014 | 2014-03-31 | $10,121 | −$4,379 | −30.20% |
| Q4 2013 | 2013-12-31 | $12,300 | −$250 | −1.99% |
| Q3 2013 | 2013-09-30 | $12,300 | $250 | +2.07% |
| Q2 2013 | 2013-06-30 | $12,300 | $250 | +2.07% |
| Q1 2013 | 2013-03-31 | $14,500 | $450 | +3.20% |
| Q4 2012 | 2012-12-31 | $12,550 | $500 | +4.15% |
| Q3 2012 | 2012-09-30 | $12,050 | $800 | +7.11% |
| Q2 2012 | 2012-06-30 | $12,050 | $1,470 | +13.89% |
| Q1 2012 | 2012-03-31 | $14,050 | $1,100 | +8.49% |
| Q4 2011 | 2011-12-31 | $12,050 | — | — |
| Q3 2011 | 2011-09-30 | $11,250 | $700 | +6.64% |
| Q2 2011 | 2011-06-30 | $10,580 | −$199 | −1.85% |
| Q1 2011 | 2011-03-31 | $12,950 | — | — |
| Q3 2010 | 2010-09-30 | $10,550 | — | — |
| Q2 2010 | 2010-06-30 | $10,779 | — | — |
Quantum X Labs operating expenses trends
Over the last five fiscal years, Quantum X Labs's operating expenses increased from $545,000 to $3.5M, a change of $2.9M. The latest reported quarter, Q2 2026, shows $1.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Quantum X Labs source filings ↗