Filing Flows › Quantum X Labs (QXL) › Q3 2025
Quantum X Labs (QXL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Quantum X Labs (QXL) reported revenue of $2.7M for the third quarter 2025 (Q3 2025), -57% from a year earlier and +634% from the quarter before. Operating margin was -133.7%, net loss $4.0M (145.5% of revenue).
Quantum X Labs, Q3 2025: revenue $2.7M (-57% year over year), operating margin -133.7%, net loss $4.0M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | +634% | -57% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $2.7M in Q3 2025, down 57% year over year and up 634% from the previous quarter. Digital Content Segment was the largest line at 85% of revenue. Digital Content Segment lost $3.4M year over year (down 59%), 94% of the total change.
Operating costs exceeded revenue by $3.6M, an operating margin of -133.7%. Total costs fell 12% while revenue fell 57%. The fastest-growing cost line was General & admin (+42%). The quarter ended with a net loss of $4.0M, narrower than the previous quarter's $12.4M loss. Minority interests bore $560K of it: to shareholders the quarter was a loss of $3.4M.
Operating cash flow was −$1.7M. Non-cash charges added back $791K of depreciation and amortization and $3K of share-based compensation. Working capital and other items added $1.4M.
Questions
What was Quantum X Labs' revenue in the third quarter 2025?
Quantum X Labs (QXL) reported revenue of $2.7M for the third quarter 2025 (Q3 2025), -57% from a year earlier and +634% from the quarter before.
Was Quantum X Labs profitable in the third quarter 2025?
Operating loss was $3.6M (-133.7% of revenue) and net loss $4.0M.
Source: Quantum X Labs 10-Q on SEC EDGAR.