QBit Semiconductor Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	452.89	299.47	187.55
Revenue Growth	-	59.67%	-
Cost of Revenue	244.56	255.31	145.68
Gross Profit	208.33	44.16	41.87
Selling, General & Admin	99.76	91.68	69.79
Research & Development	214.4	199.61	164.92
Other Operating Expenses	-143.97	-274.84	-146.65
Operating Expenses	171.48	23.46	89.76
Operating Income	36.85	20.7	-47.89
Interest Expense	-6.87	-5.5	-1.83
Interest & Investment Income	1.77	1.5	1.94
Other Non Operating Income (Expenses)	7.66	2.93	4.46
Pretax Income	37.16	19.63	-43.31
Income Tax Expense	29.28	4.82	-0.74
Net Income	-14.84	14.81	-42.57
Net Income to Common	-14.84	14.81	-42.57
Net Income Growth	-	-	-
Shares Outstanding (Basic)	44	41	38
Shares Outstanding (Diluted)	44	41	38
Shares Change	-	8.24%	-
EPS (Basic)	-0.34	0.36	-1.12
EPS (Diluted)	-0.34	0.36	-1.12
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	80.28	-5.53	-63.74
Free Cash Flow Per Share	1.83	-0.13	-1.68
Gross Margin	46.00%	14.75%	22.33%
Operating Margin	8.14%	6.91%	-25.53%
Profit Margin	-3.28%	4.95%	-22.70%
Free Cash Flow Margin	17.73%	-1.85%	-33.98%
EBITDA	138.39	108.72	13.88
EBITDA Margin	30.56%	36.30%	7.40%
D&A For EBITDA	101.54	88.02	61.76
EBIT	36.85	20.7	-47.89
EBIT Margin	8.14%	6.91%	-25.53%
Effective Tax Rate	78.80%	24.54%	-
Revenue as Reported	431.38	431.38	254.69