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Side-by-side financial comparison of Pineapple Financial Inc. (PAPL) and Quantum-Si Inc (QSI). Click either name above to swap in a different company.
Pineapple Financial Inc. is the larger business by last-quarter revenue ($707.3K vs $451.0K, roughly 1.6× Quantum-Si Inc). Pineapple Financial Inc. runs the higher net margin — -2756.2% vs -3904.9%, a 1148.7% gap on every dollar of revenue. On growth, Pineapple Financial Inc. posted the faster year-over-year revenue change (-4.8% vs -62.2%). Pineapple Financial Inc. produced more free cash flow last quarter ($-3.3M vs $-16.4M). Over the past eight quarters, Quantum-Si Inc's revenue compounded faster (-0.7% CAGR vs -2.0%).
Silicon Quantum Computing Pty Ltd (SQC) is a Sydney, Australia-based quantum computing company.
PAPL vs QSI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $707.3K | $451.0K |
| Net Profit | $-19.5M | $-17.6M |
| Gross Margin | 48.9% | 27.1% |
| Operating Margin | -2518.8% | -4677.2% |
| Net Margin | -2756.2% | -3904.9% |
| Revenue YoY | -4.8% | -62.2% |
| Net Profit YoY | -3174.1% | 46.8% |
| EPS (diluted) | $-1.21 | $-0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $707.3K | — | ||
| Q4 25 | $721.7K | $451.0K | ||
| Q3 25 | $730.5K | $552.0K | ||
| Q2 25 | $746.9K | $591.0K | ||
| Q1 25 | $743.3K | $842.0K | ||
| Q4 24 | $766.1K | $1.2M | ||
| Q3 24 | $598.3K | $787.0K | ||
| Q2 24 | $736.4K | $622.0K |
| Q1 26 | $-19.5M | — | ||
| Q4 25 | $-6.4M | $-17.6M | ||
| Q3 25 | $-1.8M | $-35.7M | ||
| Q2 25 | $-557.7K | $-28.8M | ||
| Q1 25 | $-595.4K | $-19.2M | ||
| Q4 24 | $-656.9K | $-33.1M | ||
| Q3 24 | $-1.7M | $-25.3M | ||
| Q2 24 | $-848.6K | $-23.1M |
| Q1 26 | 48.9% | — | ||
| Q4 25 | 49.6% | 27.1% | ||
| Q3 25 | 27.8% | 35.1% | ||
| Q2 25 | 67.6% | 59.4% | ||
| Q1 25 | 43.4% | 57.7% | ||
| Q4 24 | 45.9% | 51.2% | ||
| Q3 24 | 43.2% | 46.6% | ||
| Q2 24 | 44.2% | 56.9% |
| Q1 26 | -2518.8% | — | ||
| Q4 25 | -909.1% | -4677.2% | ||
| Q3 25 | -131.3% | -7205.3% | ||
| Q2 25 | -93.3% | -5096.4% | ||
| Q1 25 | -80.6% | -2982.4% | ||
| Q4 24 | -90.5% | -2573.6% | ||
| Q3 24 | -232.8% | -3569.0% | ||
| Q2 24 | -121.7% | -4252.6% |
| Q1 26 | -2756.2% | — | ||
| Q4 25 | -891.6% | -3904.9% | ||
| Q3 25 | -250.3% | -6467.9% | ||
| Q2 25 | -74.7% | -4879.2% | ||
| Q1 25 | -80.1% | -2279.0% | ||
| Q4 24 | -85.7% | -2778.6% | ||
| Q3 24 | -283.9% | -3216.4% | ||
| Q2 24 | -115.2% | -3713.7% |
| Q1 26 | $-1.21 | — | ||
| Q4 25 | $-4.79 | $-0.07 | ||
| Q3 25 | $-0.93 | $-0.17 | ||
| Q2 25 | $-0.05 | $-0.16 | ||
| Q1 25 | $-1.73 | $-0.11 | ||
| Q4 24 | $-2.60 | $-0.23 | ||
| Q3 24 | $-11.10 | $-0.18 | ||
| Q2 24 | $-0.12 | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $21.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $27.1M | $220.2M |
| Total Assets | $48.9M | $245.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $21.6M | ||
| Q3 25 | — | $30.9M | ||
| Q2 25 | — | $22.2M | ||
| Q1 25 | — | $37.3M | ||
| Q4 24 | — | $49.2M | ||
| Q3 24 | — | $42.3M | ||
| Q2 24 | — | $59.6M |
| Q1 26 | $27.1M | — | ||
| Q4 25 | $-5.5M | $220.2M | ||
| Q3 25 | $906.7K | $235.2M | ||
| Q2 25 | $842.6K | $221.0M | ||
| Q1 25 | $739.7K | $246.9M | ||
| Q4 24 | $1.3M | $215.4M | ||
| Q3 24 | $1.3M | $210.5M | ||
| Q2 24 | $2.0M | $233.3M |
| Q1 26 | $48.9M | — | ||
| Q4 25 | $10.6M | $245.6M | ||
| Q3 25 | $5.4M | $260.1M | ||
| Q2 25 | $4.7M | $254.4M | ||
| Q1 25 | $4.0M | $271.2M | ||
| Q4 24 | $4.1M | $247.9M | ||
| Q3 24 | $4.1M | $236.5M | ||
| Q2 24 | $4.3M | $256.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.3M | $-16.3M |
| Free Cash FlowOCF − Capex | $-3.3M | $-16.4M |
| FCF MarginFCF / Revenue | -462.7% | -3628.4% |
| Capex IntensityCapex / Revenue | 0.0% | 3.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-97.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-3.3M | — | ||
| Q4 25 | $-489.7K | $-16.3M | ||
| Q3 25 | $-507.6K | $-32.0M | ||
| Q2 25 | $397.0K | $-20.2M | ||
| Q1 25 | $-172.6K | $-26.2M | ||
| Q4 24 | $-663.6K | $-22.9M | ||
| Q3 24 | $-264.7K | $-23.2M | ||
| Q2 24 | $123.0K | $-18.6M |
| Q1 26 | $-3.3M | — | ||
| Q4 25 | $-491.7K | $-16.4M | ||
| Q3 25 | — | $-32.9M | ||
| Q2 25 | — | $-20.5M | ||
| Q1 25 | — | $-27.5M | ||
| Q4 24 | — | $-24.3M | ||
| Q3 24 | $-264.7K | $-24.1M | ||
| Q2 24 | $122.7K | $-19.7M |
| Q1 26 | -462.7% | — | ||
| Q4 25 | -68.1% | -3628.4% | ||
| Q3 25 | — | -5963.6% | ||
| Q2 25 | — | -3472.8% | ||
| Q1 25 | — | -3261.4% | ||
| Q4 24 | — | -2039.9% | ||
| Q3 24 | -44.2% | -3065.8% | ||
| Q2 24 | 16.7% | -3164.0% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | 0.3% | 3.8% | ||
| Q3 25 | — | 163.0% | ||
| Q2 25 | — | 55.3% | ||
| Q1 25 | — | 155.2% | ||
| Q4 24 | — | 120.4% | ||
| Q3 24 | 0.0% | 123.9% | ||
| Q2 24 | 0.0% | 181.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
