Quantum-Si (QSI) Q2 FY26 earnings call

Quantum-Si announced a delay in the Proteus launch to Q2 2027, driven by a strategic decision to incorporate an additional instrument design cycle to de-risk the platform and enhance product readiness. This timeline revision is accompanied by a 20% headcount reduction and other operating expense actions, aiming to reduce cash burn and extend the capital runway into Q4 2028. Despite the delay, management expressed strong confidence in the underlying Proteus technology, citing sufficient sequencing data from integrated units and continued progress in Recognizer development.