Quantum BioPharma Ltd. (QNTM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Quantum BioPharma Ltd. (QNTM) stock price & volume — 10-year historical chart
Quantum BioPharma Ltd. (QNTM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Quantum BioPharma Ltd. (QNTM) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $3.06vs $0.49-524.0% | —vs $4M |
| Q2 2026 | Mar 26, 2026 | $0.71vs $1.02+30.5% | —vs $2M |
| Q4 2025 | Nov 7, 2025 | $1.25vs $0.20-525.0% | —vs $889,591 |
| Q3 2025 | Aug 6, 2025 | $3.23vs $0.17-1800.0% | — |
Quantum BioPharma Ltd. (QNTM) competitors in Therapy-focused branded biopharma — business model, growth, and fundamentals comparison
Quantum BioPharma Ltd. (QNTM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Quantum BioPharma Ltd. (QNTM) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 20.63K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | -100% | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 2.04M | 0 | 0 | 0 | 0 | 0 | 555.33K |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | 20.63K▲ 0% | 0▼ 100.0% | -1.84M▲ 0% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | -555.33K▲ 0% |
| Gross Margin % | 100% | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | -100% | - | 100% | - | - | - | - | - |
| Operating Expenses | 2.82M | 18.62M | 20.44M | 30.69M | 33.74M | 27.43M | 23.79M | 16.14M | 15.03M |
| OpEx % of Revenue | 13686.02% | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 2.82M | 17.49M | 20.49M | 18.11M | 23.37M | 15.98M | 13.2M | 9.31M | 12.22M |
| SG&A % of Revenue | 13686.02% | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 7.83M | 6.33M | 6.91M | 3.86M | 6.08M | 2.81M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1.13M | -45.53K | 4.75M | 4.05M | 4.54M | 6.73M | 742.8K | 0 |
| Operating Income | -2.8M▲ 0% | 0▲ 100.0% | -22.48M▲ 0% | -30.69M▼ 36.5% | -33.74M▼ 9.9% | -27.43M▲ 18.7% | -23.79M▲ 13.3% | -16.14M▲ 32.2% | -15.59M▲ 3.4% |
| Operating Margin % | -13586.02% | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | 100% | - | -36.5% | -9.95% | 18.71% | 13.27% | 32.17% | 3.41% |
| EBITDA | -2.8M | -16.54M | -20.54M | -26.79M | -29.7M | -22.89M | -21.28M | -15.65M | -15.03M |
| EBITDA Margin % | -13586.02% | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -9359.74% | -490.11% | -24.19% | -30.42% | -10.85% | 22.92% | 7.03% | 26.49% | 3.93% |
| D&A (Non-Cash Add-back) | 0 | 134.5K | 1.94M | 3.9M | 4.05M | 4.54M | 2.51M | 490.57K | 555.33K |
| EBIT | -2.8M | -16.67M | -33.93M | -28.22M | -33.87M | -26.65M | -18.23M | -14.87M | -15.59M |
| Net Interest Income | 0 | 0 | -155.32K | -231.89K | -68.11K | 318.91K | 786.06K | 525.31K | -389.25K |
| Interest Income | 0 | 0 | 0 | 3.69K | 1.29K | 367.74K | 786.36K | 572.89K | 240.22K |
| Interest Expense | 0 | 0 | 155.32K | 235.58K | 69.4K | 48.82K | 299 | 47.58K | 629.47K |
| Other Income/Expense | 0 | -16.67M | -11.6M | 2.24M | -194.3K | 725.95K | 5.56M | 1.22M | -11.84M |
| Pretax Income | -2.8M▲ 0% | -16.67M▼ 494.9% | -34.08M▼ 104.4% | -28.45M▲ 16.5% | -33.94M▼ 19.3% | -26.7M▲ 21.3% | -18.23M▲ 31.7% | -14.92M▲ 18.2% | -27.43M▼ 83.9% |
| Pretax Margin % | -13586.02% | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -2.8M▲ 0% | -16.67M▼ 494.9% | -39.13M▼ 134.7% | -31.8M▲ 18.7% | -35.29M▼ 11.0% | -23.61M▲ 33.1% | -17.9M▲ 24.2% | -14.2M▲ 20.7% | -26.63M▼ 87.5% |
| Net Margin % | -13586.02% | - | - | - | - | - | - | - | - |
| Net Income Growth % | -9359.74% | -494.91% | -134.67% | 18.73% | -10.96% | 33.1% | 24.17% | 20.66% | -87.52% |
| Net Income (Continuing) | -2.8M | -16.67M | -34.08M | -28.45M | -33.94M | -26.7M | -18.23M | -14.92M | -27.43M |
| Discontinued Operations | 0 | 0 | 0 | -3.35M | -1.35M | 3.1M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -327.5K | -1.04M | -1.82M |
| EPS (Diluted) | -27.75▲ 0% | -183.54▼ 561.4% | -360.45▼ 96.4% | -171.62▲ 52.4% | -65.63▲ 61.8% | -39.62▲ 39.6% | -29.39▲ 25.8% | -12.49▲ 57.5% | -8.11▲ 35.1% |
| EPS Growth % | -9468.97% | -561.41% | -96.39% | 52.39% | 61.76% | 39.63% | 25.82% | 57.5% | 35.07% |
| EPS (Basic) | -27.75 | -183.54 | -360.45 | -171.62 | -65.63 | -39.62 | -29.39 | -12.49 | -8.11 |
| Diluted Shares Outstanding | 101K | 90.85K | 108.56K | 185.29K | 537.62K | 595.88K | 609.06K | 1.14M | 3.29M |
| Basic Shares Outstanding | 101K | 90.85K | 108.56K | 185.29K | 537.62K | 595.88K | 609.06K | 1.14M | 3.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Quantum BioPharma Ltd. (QNTM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 4.28M | 16.57M | 8.56M | 26.87M | 45.93M | 17.85M | 11.09M | 12.05M | 6.47M |
| Cash & Short-Term Investments | 3.77M | 15.52M | 5.97M | 17.52M | 35.42M | 17M | 3.51M | 7.2M | 6.17M |
| Cash Only | 3.77M | 15.52M | 5.97M | 17.52M | 35.26M | 16.98M | 2.76M | 6M | 1.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 158.04K | 23.19K | 756.1K | 1.2M | 4.27M |
| Accounts Receivable | 234.2K | 727.58K | 1.56M | 161.34K | 500.96K | 374.38K | 7.42M | 3.81M | 230.63K |
| Days Sales Outstanding | 4.14K | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 709.37K | 0 | 0 | 0 | 0 | 117.24K | 52.04K |
| Days Inventory Outstanding | - | - | 126.96 | - | - | - | - | - | 34.2 |
| Other Current Assets | 0 | 0 | 0 | 8.61M | 8.65M | 0 | 0 | 861.23K | 13.07K |
| Total Non-Current Assets | 6.59M | 22.18M | 34.66M | 15.1M | 17.03M | 20.56M | 6.39M | 5.07M | 4.67M |
| Property, Plant & Equipment | 6.59M | 8.91M | 8.98M | 0 | 168.31K | 260.93K | 120.42K | 130.38K | 169.04K |
| Fixed Asset Turnover | 0.00x | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 16.82M | 13.42M | 16.2M | 12.04M | 5.36M | 4.93M | 4.5M |
| Long-Term Investments | 0 | 13.26M | 8.86M | 1.68M | 660.23K | 827.61K | 6.05K | 2.22K | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 7.43M | 907.37K | 0 | 0 |
| Total Assets | 10.88M▲ 0% | 38.75M▲ 256.2% | 43.22M▲ 11.5% | 41.97M▼ 2.9% | 62.96M▲ 50.0% | 38.41M▼ 39.0% | 17.47M▼ 54.5% | 17.12M▼ 2.0% | 11.14M▼ 34.9% |
| Asset Turnover | 0.00x | - | - | - | - | - | - | - | - |
| Asset Growth % | 152321.03% | 256.19% | 11.53% | -2.89% | 50.03% | -39% | -54.51% | -2.03% | -34.92% |
| Total Current Liabilities | 1.01M | 1.28M | 6.83M | 5.58M | 8.7M | 7.83M | 4.57M | 6.68M | 6.05M |
| Accounts Payable | 1.01M | 1.28M | 3.36M | 2.06M | 3M | 2.76M | 3.24M | 3.25M | 0 |
| Days Payables Outstanding | - | - | 601.54 | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 1.44M | 384.65K | 300.55K | 300.55K | 300.55K | 771.14K | 1.87M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 0 |
| Other Current Liabilities | 0 | 0 | 1.99M | 1.61M | 811.43K | 243.59K | 31.34K | 492K | 4.17M |
| Current Ratio | 4.26x | 12.94x | 1.25x | 4.82x | 5.28x | 2.28x | 2.43x | 1.80x | 1.07x |
| Quick Ratio | 4.26x | 12.94x | 1.15x | 4.82x | 5.28x | 2.28x | 2.43x | 1.79x | 1.06x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 110.33K | 79.12K | 131.04K | 38K | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 110.33K | 79.12K | 131.04K | 38K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.01M | 1.28M | 6.94M | 5.66M | 8.83M | 7.87M | 4.57M | 6.68M | 6.05M |
| Total Debt | 0 | 0 | 1.59M | 510.61K | 555.9K | 516.42K | 339.2K | 824.92K | 1.87M |
| Net Debt | -3.77M | -15.52M | -4.38M | -17.01M | -34.7M | -16.46M | -2.42M | -5.17M | -29.09K |
| Debt / Equity | - | - | 0.04x | 0.01x | 0.01x | 0.02x | 0.03x | 0.08x | 0.37x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | -218.43x | -119.77x | -487.99x | -545.96x | -60970.87x | -312.50x | -24.76x |
| Total Equity | 9.87M▲ 0% | 37.47M▲ 279.5% | 36.28M▼ 3.2% | 36.31M▲ 0.1% | 54.13M▲ 49.1% | 30.54M▼ 43.6% | 12.91M▼ 57.7% | 10.44M▼ 19.1% | 5.09M▼ 51.2% |
| Equity Growth % | 18280.87% | 279.55% | -3.18% | 0.09% | 49.09% | -43.58% | -57.73% | -19.13% | -51.21% |
| Book Value per Share | 97.74 | 412.42 | 334.18 | 195.95 | 100.69 | 51.26 | 21.20 | 9.18 | 1.55 |
| Total Shareholders' Equity | 9.87M | 37.47M | 36.28M | 36.31M | 54.13M | 30.54M | 13.24M | 11.48M | 6.91M |
| Common Stock | 10.34M | 49.87M | 73.74M | 103.21M | 152.32M | 143.41M | 137.78M | 150.47M | 169.39M |
| Retained Earnings | -3.35M | -19.46M | -59.07M | -90.87M | -126.15M | -144.16M | -157.91M | -172.11M | -197.93M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -84.78K | 207.8K | 239.61K | 652.6K | 417.34K | 50.8K | 101.36K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -327.5K | -1.04M | -1.82M |
Quantum BioPharma Ltd. (QNTM) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -119.18K | -13.58M | -13.71M | -19.13M | -20.75M | -28.33M | -10.83M | -6.88M | -8.38M |
| Operating CF Margin % | -577.69% | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -337.53% | -11290.84% | -1.01% | -39.51% | -8.45% | -36.57% | 61.79% | 36.49% | -21.88% |
| Net Income | -2.81M | -16.67M | -34.08M | -28.45M | -33.94M | -26.7M | -18.23M | -14.92M | -26.63M |
| Depreciation & Amortization | 0 | 134.13K | 1.94M | 3.9M | 4.05M | 4.53M | 2.51M | 490.57K | 555.33K |
| Stock-Based Compensation | 2.38M | 4.73M | 12.08M | 8.05M | 7.44M | 1.53M | 3.84M | 152.21K | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | -1.52M | 5.24M | -3.44M | -1.19M | -575.13K | -576.27K | -2.36M | 15.68M |
| Working Capital Changes | 305.41K | -242.37K | 1.1M | 807.14K | 2.89M | -7.12M | 1.64M | 9.76M | 2.02M |
| Change in Receivables | -217.72K | -487.95K | -387.84K | 435.18K | -106.88K | -7.22M | -728.72K | 4.52M | 1.72M |
| Change in Inventory | 0 | 0 | -721.86K | 0 | 0 | 0 | 0 | -117.24K | 66.25K |
| Change in Payables | 790.97K | 318.46K | 825.12K | 0 | 0 | 0 | 0 | 0 | 1.2M |
| Cash from Investing | -6.09M | -7.34M | -230.89K | 6.51M | 268.96K | 12.12M | -269.58K | -1.5M | -1.99M |
| Capital Expenditures | -6.09M | -2.96M | -408.89K | 0 | -500K | -113.96K | 0 | 0 | 0 |
| CapEx % of Revenue | 29502.01% | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 1.5M | 1.75K | 0 | 768.96K | 0 | 31.78K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -286.06K | 36.62K | 0 | -250K | 0 | 0 | 0 |
| Cash from Financing | 9.95M | 32.95M | 4.01M | 24.17M | 38.21M | -2.07M | -3.13M | 11.62M | 6.21M |
| Debt Issued (Net) | 0 | 0 | -42.28K | -986.64K | -129.32K | -143.07K | -189.05K | 948.25K | 5.24M |
| Equity Issued (Net) | 10.96M | 33.03M | 3.43M | 25.1M | 38.34M | -1.93M | -2.96M | 10.67M | 538.95K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -1.93M | -2.96M | 0 | 0 |
| Other Financing | -1.01M | -81.68K | 622.59K | 59.55K | 0 | 0 | 20.25K | 0 | 424.1K |
| Net Change in Cash | 3.75M▲ 0% | 12.04M▲ 221.4% | -9.93M▼ 182.5% | 11.56M▲ 216.4% | 17.73M▲ 53.5% | -18.28M▼ 203.1% | -14.22M▲ 22.2% | 3.24M▲ 122.8% | -4.09M▼ 226.3% |
| Free Cash Flow | -6.21M▲ 0% | -16.54M▼ 166.5% | -14.01M▲ 15.3% | -19.13M▼ 36.6% | -21.25M▼ 11.1% | -28.7M▼ 35.1% | -10.83M▲ 62.3% | -6.88M▲ 36.5% | -8.38M▼ 21.9% |
| FCF Margin % | -30079.69% | - | - | - | - | - | - | - | - |
| FCF Growth % | -22681.94% | -166.48% | 15.3% | -36.59% | -11.06% | -35.07% | 62.27% | 36.49% | -21.88% |
| FCF per Share | -61.44 | -182.02 | -129.02 | -103.25 | -39.52 | -48.16 | -17.78 | -6.05 | -2.55 |
| FCF Conversion (FCF/Net Income) | 0.04x | 0.81x | 0.35x | 0.60x | 0.59x | 1.20x | 0.60x | 0.48x | 0.31x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quantum BioPharma Ltd. (QNTM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -57.1% | -70.44% | -106.12% | -87.62% | -78.03% | -55.76% | -82.4% | -121.65% | -342.92% |
| Return on Invested Capital (ROIC) | - | -69.6% | - | -62.63% | -89.93% | -130.72% | -122.8% | -145.24% | -153.57% | -226.24% |
| Gross Margin | - | 100% | - | - | - | - | - | - | - | - |
| Net Margin | - | -13586.02% | - | - | - | - | - | - | - | - |
| Debt / Equity | - | - | - | 0.04x | 0.01x | 0.01x | 0.02x | 0.03x | 0.08x | 0.37x |
| Interest Coverage | - | - | - | -218.43x | -119.77x | -487.99x | -545.96x | -60970.87x | -312.50x | -24.76x |
| FCF Conversion | 0.92x | 0.04x | 0.81x | 0.35x | 0.60x | 0.59x | 1.20x | 0.60x | 0.48x | 0.31x |
| Revenue Growth | - | - | -100% | - | - | - | - | - | - | - |
Quantum BioPharma Ltd. (QNTM) stock FAQ — growth, dividends, profitability & financials explained
Quantum BioPharma Ltd. (QNTM) grew revenue by 0.0% over the past year. Growth has been modest.
Quantum BioPharma Ltd. (QNTM) reported a net loss of $26.2M for fiscal year 2025.
Quantum BioPharma Ltd. (QNTM) has a return on equity (ROE) of -342.9%. Negative ROE indicates the company is unprofitable.
Quantum BioPharma Ltd. (QNTM) had negative free cash flow of $8.2M in fiscal year 2025, likely due to heavy capital investments.
Quantum BioPharma Ltd. (QNTM) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates