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How Quantum-Si (QSI) makes money

Quantum-Si (QSI) made $212K of revenue in the third quarter 2026 (Q3 2026), -62% from a year earlier. Product brought in $173K (82%); Service brought in $39K (18%).

Drawing the Sankey…

Quantum-Si revenue by segment, Q3 2026Quantum-Si revenue by segment, Q3 2026Product$173KService$39K
Quantum-Si: revenue by line, Q1 2025 to Q3 2026Quantum-Si: revenue by line, Q1 2025 to Q3 2026ProductServiceProduct: $173K latest$173KService: $39K latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Product went from 96% of revenue in Q1 2025 to 82% in Q3 2026, the largest shift in the mix.
Quantum-Si revenue by quarterQuantum-Si revenue by quarter$842KQ1 2025$591KQ2 2025$552KQ3 2025$451KQ4 2025$258KQ1 2026$344KQ2 2026$212KQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product$173K81.6%-45%-66%
Service$39K18.4%+30%-17%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$212K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$212K-62%
Q2 2026$344K-42%
Q1 2026$258K-69%
Q4 2025$451K-62%
Q3 2025$552K-30%
Q2 2025$591K-5%
Q1 2025$842K+84%

From Quantum-Si's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Quantum-Si make money?

Quantum-Si (QSI) made $212K of revenue in the third quarter 2026 (Q3 2026), -62% from a year earlier. Product brought in $173K (82%); Service brought in $39K (18%).

What is Quantum-Si's biggest business?

Product: $173K in the third quarter 2026, 82% of revenue, -66% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.