QNTM — Quantum Biopharma Ltd.

Nasdaq · Health Care · Pharmaceuticals · CIK 1771885 · Ontario, Canada
Last close
$7.05
Market Cap
$45.11M
52W High
$10.81
52W Low
$2.07
ADV30
481,604
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
$-8,237,012
Investing CF
$-1,952,469
Financing CF
$6,098,966
CapEx
Dividends Paid
Buybacks
$0
EPS Diluted TTM
$-12.38
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-198,286,170
Inventory
$52,133
Receivables
$231,053
ST Investments
$459,080
EBIT TTM
$-26,338,200
Pretax Income TTM
$-26,956,840
Interest Exp TTM
$618,640
Analysts
1

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

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

TTM Snapshot

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

Peers — same industry

TickerNameMarket CapLastDaily %
PYRGF PyroGenesis Canada Inc. $44.26M $0.21
LTRN Lantern Pharma Inc. $43.12M $3.38
VICP Vicapsys Life Sciences, Inc. $47.26M $1.46
ATOS ATOSSA THERAPEUTICS, INC. $42.63M $4.95
ETST Earth Science Tech, Inc. $48.95M $0.17

News headlines (Yahoo Finance, 1h cache)

Quantum BioPharma (QNTM) Reports Midpoint Enrollment Milestone in MS Imaging Study
2026-05-19 18:05 · Yahoo
Quantum BioPharma Reaches Halfway Point in Patient Enrollment in Imaging Study With MGH
2026-05-19 11:21 · Yahoo
Quantum BioPharma Shares Climb as Multiple Sclerosis Imaging Study Advances (QNTM)
2026-05-18 14:37 · Yahoo
Quantum BioPharma Reaches Key Midpoint Milestone in Groundbreaking Imaging Study with Massachusetts General Hospital
2026-05-18 07:00 · Yahoo
Quantum Reports Strengthened Liquidity, Reduced Cash Burn, and Disciplined Cost Management in First Quarter 2026
2026-05-07 11:00 · Yahoo
Quantum BioPharma Provides Corporate Update
2026-04-27 23:45 · Yahoo
Quantum BioPharma Licensee Unbuzzd Wellness Inc. Appoints Richard Buzbuzian as CEO to Lead Nationwide Commercialization of Innovative, Clinically Validated Hangover Remedy and Alcohol Metabolism Accel
2026-04-22 13:16 · Yahoo
Quantum BioPharma Wins Significant Court Challenge in USD $700,000,000 Claim as Defendants Joint Motion to Dismiss Lawsuit Alleging Market Manipulation by CIBC World Markets and RBC Dominion Securitie
2026-04-02 12:30 · Yahoo
Quantum BioPharma Submits Investigational New Drug (IND) Application to United States Food and Drug Administration (FDA) for Lucid-MS Phase Two Clinical Trial in Multiple Sclerosis
2026-04-01 12:02 · Yahoo
Quantum BioPharma Signs Binding Letter Of Intent With Allucent To Conduct Phase 2 Clinical Trial In Multiple Sclerosis
2026-03-30 11:50 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.