Filing Flows › Quantum X Labs (QXL) › Q2 2025
Quantum X Labs (QXL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
Quantum X Labs (QXL) reported revenue of $370K for the second quarter 2025 (Q2 2025), -95% from a year earlier and -86% from the quarter before.
Quantum X Labs, Q2 2025: revenue $370K (-95% year over year), net loss $12.4M, operating cash flow −$427K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $370K | -86% | -95% |
| Operating profit | −$4.9M | — | — |
| Net earnings | −$12.4M | — | — |
| Operating cash flow | −$427K | — | — |
What changed
Revenue was $370K in Q2 2025, down 95% year over year and down 86% from the previous quarter. Search Segment was the largest line at 96% of revenue. Search Segment lost $761K year over year (down 68%), 11% of the total change.
Operating costs exceeded revenue by $4.9M, an operating margin of -1330.0%. Total costs fell 59% while revenue fell 95%. The quarter ended with a net loss of $12.4M, wider than the previous quarter's $3.8M loss. Minority interests bore $760K of it: to shareholders the quarter was a loss of $11.7M. Net interest and other expense of $7.6M was the main reason.
Operating cash flow was −$427K. Non-cash charges added back $781K of depreciation and amortization and $72K of share-based compensation. Working capital and other items added $11.1M.
Questions
What was Quantum X Labs' revenue in the second quarter 2025?
Quantum X Labs (QXL) reported revenue of $370K for the second quarter 2025 (Q2 2025), -95% from a year earlier and -86% from the quarter before.
Source: Quantum X Labs 10-Q on SEC EDGAR.