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This article defines a new operator called the <i>q</i>-Babalola convolution operator by using quantum calculus and the convolution of normalized analytic functions in the open unit disk. We then study a new class of analytic and bi-univalent functions defined in the open unit disk associated with the <i>q</i>-Babalola convolution operator. The main results of the investigation include some upper bounds for the initial Taylor–Maclaurin coefficients and Fekete–Szego inequalities for the functions in the new class. Many applications of the finds are highlighted in the corollaries based on the various unique choices of the parameters, improving the existing results in Geometric Function Theory.