01 Quantum (ONE) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached $349,766, a significant increase from $86,505 in Q1 2025, driven by commercial launches in remote access and digital assets verticals.

• Two PQC product verticals—remote access and digital assets—are now commercially available and generating revenue through partners.

• The company is advancing its Quantum AI Wrapper (QAW) for encrypted AI execution, targeting a rapidly growing privacy-preserving AI market.

Financial highlights

• IFRS loss for Q1 2026 was $569,495, compared to $135,439 in Q1 2025.

• Adjusted loss (excluding stock-based compensation and depreciation) was $292,623, up from $57,635 in Q1 2025.

• Operating expenses rose to $919,996 from $213,544 year-over-year, reflecting increased R&D and commercialization efforts.

• Cash and GICs totaled $3.36 million at quarter-end, supporting ongoing operations and commercialization.

Outlook and guidance

• Focus for 2026 includes supporting partner rollout of DoMobile Ver.5, expanding $qONE adoption, advancing QAW to commercial availability, and developing additional PQC technologies.

• Management expects 2026 to be pivotal for establishing leadership in quantum-resilient cybersecurity and AI security.