01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF) reported sharply higher revenue for the first nine months of fiscal 2026, although its third-quarter revenue declined and losses widened.
The post-quantum cybersecurity company reported third-quarter revenue of C$64,410, down approximately 55% from C$143,957 in the comparable 2025 quarter.
For the nine months ended July 31, revenue reached C$1.08 million, representing an increase of approximately 225% from C$333,269 one year earlier.
The contrasting figures reflect a change in 01 Quantum’s revenue mix. Management said previously funded development and integration projects reached completion, reducing one-time revenue during the latest quarter. Products resulting from those projects are now commercially available, and the company is entitled to royalties based on sales generated by its Japanese partner and qLABS.
The amount of royalty revenue generated to date was not disclosed. Earlier one-time project revenue and C$295,000 in digital-asset revenue recognized during the fiscal year also contributed to the nine-month increase.
01 Quantum’s quarterly net loss widened to C$892,044 from C$351,411. Its nine-month net loss reached C$1.79 million, compared with C$773,633 during the same period in 2025.
Stock-based compensation contributed C$438,000 to the quarterly loss, up from C$80,000. Excluding stock-based compensation and depreciation, the company reported an adjusted quarterly loss of C$453,429, compared with C$269,939 one year earlier. Adjusted loss is a non-IFRS measure and may not be directly comparable with similarly named measures used by other companies.
Cash operating expenses increased to C$514,074 from C$407,292. The company ended the quarter with approximately C$2.88 million in cash and cash equivalents, including a C$2.65 million guaranteed investment certificate.
Operationally, 01 Quantum continued working with an unnamed Canadian systems integrator and entered a technology partnership with cryptographic-hardware company Crypto4A. It also reported continued deployment activity for DoMobile Ver.5 through its Japanese partner and supported the launch of qVAULT within the qONE digital-asset ecosystem.
01 Quantum develops post-quantum cryptography and privacy-focused technologies for enterprise infrastructure, artificial intelligence, email and digital assets. The broader market is developing as organizations prepare for encryption risks posed by future quantum computers. The U.S. National Institute of Standards and Technology finalized its first three post-quantum encryption standards in 2024 and encouraged system administrators to begin transitioning.
Upcoming Catalysts
Future updates may provide additional information about royalty revenue from qLABS and the company’s Japanese partner, customer adoption of commercially available products and deployments generated through its systems-integrator relationships.
Investors can also monitor whether recurring royalties begin replacing completed development projects and whether 01 Quantum can narrow its operating losses. The timing and scale of partner-generated sales remain uncertain, and the company has not provided guaranteed minimum revenue under the referenced royalty arrangements.
Sources
- 01 Quantum fiscal third-quarter 2026 results
- 01 Quantum investor relations
- NIST post-quantum encryption standards
- SEDAR+ regulatory filings
Editorial Disclosure
This article is based entirely on publicly available information, including company announcements and regulatory disclosures. Next Gen Tech Stocks was not compensated by 01 Quantum Inc. for this coverage, and the author holds no position in the securities mentioned. Financial figures are unaudited and have not been independently verified by Next Gen Tech Stocks. The company remains exposed to commercialization, partner-dependence, operating-loss, financing and small-cap investment risks. Information is current as of September 10, 2026. This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Read our full disclaimer.
