QNTM — Quantum Biopharma Ltd.

Nasdaq · Health Care · Pharmaceuticals · CIK 1771885 · Ontario, Canada
Last close
$3.24
Market Cap
$20.83M
52W High
$10.81
52W Low
$2.66
ADV30
234,439
Next earnings
Quantum BioPharma Ltd., together with its subsidiaries, operates as a biopharmaceutical company. The company operates through two segments, Biopharmaceutical Innovation and Strategic Investments. It researches and develops a portfolio of assets and biotech solutions for the treatment of neurodegenerative, inflammatory and metabolic disorders, and alcohol misuse disorders with drug candidates in different stages of development. The company's lead compound is Lucid-MS, a patented new chemical entity that is in Phase 2 clinical trial to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. It also develops FSD-PEA, which is in preparation for Phase 2 trial for the treatment of inflammatory diseases, such as mast cell activation syndrome; Lucid-PSYCH to treat major depressive disorder; and unbuzzd, a dietary supplement for the treatment of alcohol misuse. In addition, the company maintains a portfolio of strategic investments comprising loans secured by residential property. The company was formerly known as FSD Pharma Inc. and changed its name to Quantum BioPharma Ltd., in August 2024. Quantum BioPharma Ltd. was founded in 1998 and is based in Toronto, Canada.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 0 -2,909,492 -13,560,299 14,926,075 4,341,908 16,345,974
Dec 2025 0 -2,359,801 -3,026,467 11,160,909 1,905,357 6,058,294
Sep 2025 0 -4,658,195 -5,319,029 14,153,228 445,944 6,646,480
Jun 2025 0 -4,913,790 -9,253,067 15,297,031 1,497,576 13,249,998

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-5,644,918
Investing CF
$-3,495,520
Financing CF
$9,964,033
CapEx
Dividends Paid
Buybacks
$0
EPS Diluted TTM
$-11.07
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
$-211,846,469
Inventory
$51,468
Receivables
$208,524
ST Investments
$222,906
EBIT TTM
$-31,657,316
Pretax Income TTM
$-31,970,523
Interest Exp TTM
$313,207
Analysts
1

Annual Trend (SEC EDGAR, last 5y)

Revenues vs Net Income (last 5y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 0 -15,317,409 -26,175,286 11,160,909 6,058,294 -8,237,012
Dec 2024 0 -15,884,034 -14,202,724 17,119,224 6,678,992 -6,876,479
Dec 2023 0 -19,570,114 -17,902,179 17,474,828 4,565,566 -10,827,264
Dec 2022 0 -27,429,611 -23,606,828 38,410,656 7,868,436 -28,333,273
Dec 2021

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$-7.80

Peers — same industry

TickerNameMarket CapLastDaily %
NEUP Neuphoria Therapeutics Inc. $21.35M $3.95
COCP Cocrystal Pharma, Inc. $21.38M $1.11
BFRI Biofrontera Inc. $21.68M $1.46
NCEL NewcelX Ltd. $19.83M $3.46
ALLR Allarity Therapeutics, Inc. $22.12M $1.39

News headlines (Yahoo Finance, 1h cache)

Quantum Biopharma Provides Corporate Update
2026-08-21 23:00 · Yahoo
Quantum BioPharma (QNTM) Advances Myelin-Protecting MS Therapy as Treatment Paradigm Evolves
2026-08-20 18:40 · Yahoo
Quantum BioPharma (QNTM) Reports Lower Q2 Expenses, Advances Lucid-MS Into Phase 2
2026-08-17 18:43 · Yahoo
Quantum BioPharma Strengthens Equity and Liquidity in Q2 2026 as FDA Approves Lucid-MS for Pivotal Phase 2 Clinical Trial
2026-08-14 11:00 · Yahoo
Quantum BioPharma (QNTM) Targets Disability Drivers Beyond Relapse Rates in Multiple Sclerosis
2026-08-13 18:30 · Yahoo
EXCLUSIVE: Quantum BioPharma Achieves Major Milestone With FDA Clearance for Multiple Sclerosis Trial
2026-08-12 01:31 · Yahoo
Quantum BioPharma (QNTM) Receives FDA Clearance to Advance Lucid-MS Into Phase 2
2026-08-10 19:30 · Yahoo
Quantum BioPharma (QNTM) Advances MS Imaging Study With Encouraging Preliminary Results
2026-08-03 19:15 · Yahoo
Quantum BioPharma Announces Closing of Debt Settlement
2026-07-30 04:18 · Yahoo
Quantum BioPharma (QNTM) Executive Outlines Lucid-MS Development Strategy and Commercial Growth Plans
2026-07-28 18:35 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.