Horizon Quantum Holdings (HQ) Income Statement

Horizon Quantum Holdings reported revenue of $38.87K in fiscal 2025 (fiscal year ended Dec 31, 2025), down 85.3% from $264.80K a year earlier. Horizon Quantum Holdings posted a net loss of $23.07M, compared with a net loss of $5.50M a year earlier. Gross margin was 128.6% and operating margin -56742.0%.

Horizon Quantum Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Horizon Quantum Holdings Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Revenue & Gross Profit
Revenue	0.04	0.26	0.04	0.00
Cost of Revenue	0.00	0.00	0.00	0.00
Gross Profit	0.05	0.36	0.05	0.00
Operating Expenses
Research & Development	8.32	2.54	1.70	0.00
Selling, General & Administrative	8.05	2.87	1.93	1.26
Operating Expenses	22.11	6.04	3.83	1.46
Operating Income	-22.06	-5.78	-3.79	-1.46
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00
Interest Expense	-0.01	0.04	0.00	0.00
Other Income/Expense	-0.55	0.31	-0.12	-1.63
Income
Income Before Tax	-17.93	-5.50	-3.92	-3.10
Income Tax Expense	0.00	0.00	0.00	0.12
Net Income	-23.07	-5.50	-3.92	-3.21
Net Income - Continuous Operations	-23.07	-5.50	-3.92	-3.21
Net Income - Discontinued Operations	-	-	-	-
EBITDA	-16.33	-4.84	-3.72	-1.46
EBIT	-17.15	-5.47	-3.92	-
Depreciation & Amortization	1.05	0.63	0.20	0.00
Earnings Per Share
Basic EPS	-1.00	-	-	-
Diluted EPS	-1.00	-	-	-
Basic Shares Outstanding	16.02	51.20	51.20	7.90
Diluted Shares Outstanding	16.02	51.20	51.20	7.90

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Horizon Quantum Holdings Financial Statements

What was Horizon Quantum Holdings's revenue in fiscal 2025?

Horizon Quantum Holdings reported revenue of $38.87K in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 85.3% from $264.80K a year earlier.

Is Horizon Quantum Holdings profitable?

No. Horizon Quantum Holdings reported a net loss of $23.07M in fiscal 2025. In fiscal 2024 it lost $5.50M.

What is Horizon Quantum Holdings's operating margin?

Horizon Quantum Holdings's operating income was −$22.06M on revenue of $38.87K in fiscal 2025, an operating margin of -56742.0%, compared with -2180.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition