Quarterhill Inc. (TSX:QTRH)

Quarterhill Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	159.9	155.17	153.31	143.99	117.42	99.45
Revenue Growth	4.99%	1.22%	6.47%	22.63%	18.07%	-12.40%
Gross Profit Gross Profit Growth	39.61	32.83	27.78	30.11	27.86	29.62
Operating Income Operating Income Growth	-15.92	-50.94	-15.94	-17.81	-36.71	-21.99
Net Income Net Income Growth	-51.29	-54.41	-11.02	-46.2	2.04	-17.55
Earnings Per Share EPS Growth	-0.43	-0.47	-0.10	-0.40	0.01	-0.15
EPS Growth	-	-	-	-	-	-

Revenue by Geography

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
United States United States Growth	140.68	136.84	136.62	128.37	98.89	68.99
Thailand Thailand Growth	3.3	3.11	2.88	0.34	1.8	2.61
Germany Germany Growth	2.91	2.77	2.57	2.81	2.42	4.85
Canada Canada Growth	4.47	4.34	4.02	2.41	2.62	2.32
Korea Korea Growth	2	1.92	1.77	1.05	1.82	3.9
Belgium Belgium Growth	0.71	0.67	0.62	0.71	0.79	0.82
France France Growth	0.9	0.87	0.8	0.6	-	-
Chile Chile Growth	0.13	0.13	0.12	3.13	3.28	2.52
Rest of The World Rest of The World Growth	4.79	4.53	3.9	4.58	6.1	6.46
Total Total Growth	159.89	155.17	153.31	143.99	117.73	99.33

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	14.72	24.85	31.89	42.73	54.86	59.89
Total Debt Total Debt Growth	17.72	19.37	24.24	27.12	30.63	55.34
Net Cash (Debt) Net Cash Growth	-3	5.48	7.65	15.62	24.23	4.55
Net Cash Growth	-	-28.38%	-51.00%	-35.55%	432.50%	-95.79%
Net Cash Per Share Net Cash Per Share Growth	-0.03	0.05	0.07	0.14	0.21	0.04

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-9.98	2.34	-4.42	-36.81	58.39	-10.55
Capital Expenditures CapEx Growth	-1.08	-0.68	-1.39	-1.64	-2.17	-0.91
Free Cash Flow Free Cash Flow Growth	-11.06	1.66	-5.81	-38.45	56.22	-11.46
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	24.77%	21.16%	18.12%	20.91%	23.73%	29.78%
Operating Margin	-9.95%	-32.83%	-10.40%	-12.37%	-31.27%	-22.11%
Pretax Margin	-31.80%	-35.06%	-6.51%	-17.32%	-29.67%	-21.26%
Profit Margin	-32.08%	-35.06%	-7.19%	-22.51%	-33.99%	-17.65%
FCF Margin	-6.92%	1.07%	-3.79%	-26.70%	47.88%	-11.53%

Dividends

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Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	-	0.037	0.040
Dividend Per Share Growth	-	-6.50%	0.69%
Dividend Yield	1.26%	3.15%	1.83%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	-	-	-	116.45	-
Forward PE	212.61	27.45	27.45	51.72	8.67	80.21
P/FCF Ratio	-	49.61	-	-	2.37	-
PS Ratio	1.74	0.53	0.86	1.18	1.14	2.45

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: May 14, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Aug 10, 2026

Data Sources Report a data error