Quartzsea Acquisition Corporation (QSEA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QSEA SEC filings page.
This page shows Quartzsea Acquisition Corporation (QSEA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
QSEA’s reported balance sheet is liability-heavy, while disclosed operating activity consumed cash and produced no reported revenue.
Liabilities exceeded assets at104.6% , and the current ratio was 0.1x, indicating obligations were larger than the asset base while near-term assets were thin relative to current bills. Operating cash flow of-$1.27M alongside financing cash flow of$83.8M shows that the period’s cash movement was dominated by financing rather than internally generated cash.
The 0.6% return on assets sits beside net income of
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
We do not publish a peer-relative financial health score for Quartzsea Acquisition Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Quartzsea Acquisition Corporation reported $459K in net income in Q3 2026. This represents an increase of 43.9% from the same quarter a year earlier. Against the prior quarter it is down 20.0%.
Not reported for Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
Quartzsea Acquisition Corporation held $0 in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
QSEA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
QSEA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $74.6M-11.8% | $86.8M+3.0% | $86.0M+17355.1% | $85.3M+16438.2% | $84.6M | $84.3M | $493K | $516K |
| Current Assets | $69K-66.7% | $112K-84.7% | $82K-60.5% | $92K-71.6% | $206K | $735K | $208K | $326K |
| Cash & Equivalents | $0n/m | $0n/m | $0-100.0% | $0n/m | $0 | $0 | $208K | $0 |
| Short-Term Investments | $0n/m | $0-100.0% | $0n/m | $0n/m | $0 | $605K | $0 | $0 |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Total Liabilities | $79.4M-9.7% | $91.2M+4.7% | $90.2M+17607.2% | $89.3M+17709.8% | $88.0M | $87.1M | $509K | $501K |
| Current Liabilities | $1.9M+559.2% | $1.1M+340.8% | $921K+80.7% | $742K+48.0% | $284K | $260K | $509K | $501K |
| Non-Current Liabilities | $77.6M-11.6% | $90.0M+3.7% | $89.3Mn/m | $88.5Mn/m | $87.7M | $86.8M | $0 | $0 |
| Total Equity | -$4.8Mn/m | -$4.3Mn/m | -$4.2Mn/m | -$3.9M-26523.7% | -$3.3M | -$2.8M | -$16K | $15K |
| Retained Earnings | -$4.8Mn/m | -$4.3Mn/m | -$4.2Mn/m | -$3.9Mn/m | -$3.3M | -$2.8M | -$41K | -$10K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
QSEA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
QSEA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$3.9M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.12), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Quartzsea Acquisition Corporation QSEA | FY2025 | N/A | $511K | N/A | $108.6M | — |
| Pantages Capital Acquisition Corporation PGAC | FY2025 | N/A | $2.5M | N/A | $119.3M | — |
| ChampionsGate Acquisition Corporation CHPG | FY2025 | N/A | $1.2M | N/A | $105.2M | — |
| Quantumsphere Acquisition Corp. QUMS | FY2026 | N/A | $978K | N/A | $118.7M | — |
| Origin Investment Corp I ORIQ | FY2025 | N/A | $683K | N/A | $90.0M | — |
Where Quartzsea Acquisition Corporation Ranks
Frequently Asked Questions
Yes, Quartzsea Acquisition Corporation (QSEA) reported a net income of $1.8M over the trailing 12 months to August 31, 2026. In fiscal year 2025 it reported a net income of $511K.
Quartzsea Acquisition Corporation (QSEA) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Quartzsea Acquisition Corporation (QSEA) had $85.3M in total assets as of fiscal year 2025, including both current and long-term assets.
Quartzsea Acquisition Corporation (QSEA) had a current ratio of 0.12 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Quartzsea Acquisition Corporation (QSEA) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Quartzsea Acquisition Corporation (QSEA) trades at 59.9x earnings, its market capitalization divided by $1.8M net income, trailing 12 months to August 31, 2026. The market capitalization is $108.6M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Quartzsea Acquisition Corporation (QSEA) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $108.6M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Quartzsea Acquisition Corporation (QSEA) has negative shareholder equity of -$3.9M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.