Zacks Investment Research·Jun 24, 2026
What Makes NeuraWave Suited for Quantum Computing's Growth Strategy?QUBT's NeuraWave lands a Planck Dynamics deal, highlighting demand for photonic AI systems and a potential program above $10M.
Quantum Computing, Inc.(QUBT)Earnings, Financials & Key Ratios
QUBT•NASDAQ
$8.69
Price updated Jul 7, 2026
AboutQuantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia. The company offers Qatalyst, a quantum application accelerator that enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers as well as provides multiple quantum processing units including DWave, Rigetti, and IonQ. It focuses on serving commercial and government entities. The company, formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia.Show more
- Revenue$682K+82.8%
- EBITDA-$46M-111.2%
- Net Income-$19M+72.8%
- EPS (Diluted)-0.11+84.9%
- Gross Margin9.82%-67.3%
- EBITDA Margin-6764.52%-15.5%
- Operating Margin-7489.3%-7.7%
- Net Margin-2738.12%+85.1%
- ROE-2.19%+97.2%
QUBT Price & Volume
Quantum Computing, Inc. (QUBT) stock price & volume — 10-year historical chart
Loading chart...
Erratic Revenue Growth Masks Structural Operating Losses
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Mixed
Cash Flow:Burning
Primary Risk:Unsustainable Operating Cash Burn
Key Thesis Takeaways
- Quantum Computing, Inc.
- faces a challenging path to profitability as its business model remains heavily reliant on lumpy, non-recurring project-based contracts rather than scalable commercial revenue.
- While the company maintains a significant liquidity buffer of $257.7 million, the persistent operating loss of $20.6 million in 2026Q1 and high capital intensity suggest that ongoing R&D and acquisition strategies may continue to dilute shareholder value.
- Investors should monitor the company's ability to transition from experimental nanophotonic hardware development to a sustainable, margin-accretive commercial model.
Verdict Logic
the company's inability to generate positive free cash flow, combined with a 49.4% CapEx-to-revenue ratio in 2026Q1, indicates an unsustainable burn rate that poses a severe risk to long-term capital preservation.
QUBT Growth Metrics
Quantum Computing, Inc. (QUBT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-15.04%
5 Years-
3 Years71.17%
TTM1025.71%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM12.01%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM50.96%
Return on Capital
10 Years-422.66%
5 Years-48.21%
3 Years-22.05%
Last Year-5.81%
QUBT Recent Earnings
Quantum Computing, Inc. (QUBT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.02+60.0%
$0.05
Rev
$4M+17.9%
$3M
Q2 2026
Mar 2, 2026Metric
Actual
Est
EPS
$0.04+0.0%
$0.04
Rev
$198,000-49.7%
$393,600
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.05+11.8%
$0.06
Rev
$384,000+229.1%
$116,667
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$0.06+0.0%
$0.06
Rev
$61,000-69.5%
$200,000
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.02vs $0.05+60.0% | $4Mvs $3M+17.9% |
| Q2 2026 | Mar 2, 2026 | $0.04vs $0.04+0.0% | $198,000vs $393,600-49.7% |
| Q4 2025 | Nov 14, 2025 | $0.05vs $0.06+11.8% | $384,000vs $116,667+229.1% |
| Q3 2025 | Aug 14, 2025 | $0.06vs $0.06+0.0% | $61,000vs $200,000-69.5% |
Based on last 12 quarters of dataView full earnings history →
Latest QUBT News
Recent stock market news and headlines for Quantum Computing, Inc. (QUBT)
24/7 Wall Street·Jun 24, 2026
Why Investors Are Finally Separating Quantum Computing Winners From Losers| IONQ Price Prediction Chart 1.
Zacks Investment Research·Jun 23, 2026
Buy QUBT Now: 74% Price Upside Ahead for This Quantum StockQUBT's improving earnings outlook, record revenues and commercialization strategy could signal more upside as analysts see strong potential from current levels.
Investors Business Daily·Jun 23, 2026
Quantum Computing Stocks Waver Amid Trump Executive Orders, 2028 TargetQuantum computing stocks rose after President Trump signed two executive orders aimed at strengthening the U.S. quantum computing ecosystem.
PRNewsWire·Jun 23, 2026
Quantum Computing Inc. Completes Acquisition of NHanced Semiconductors, Inc.Strategic acquisition launches Fab 2 to accelerate key roadmap initiatives and expands manufacturing capabilities HOBOKEN, N.J., June 23, 2026 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced the completion of acquiring NHanced Semiconductors, Inc. ("NHanced"), for a combination of cash and QCi stock valued at $73.1 million, subject to customary adjustments, and up to an additional $72.0 million if certain performance targets are achieved (the "Transaction").
Peers Comparison
Key metrics vs top competitors for Quantum Computing, Inc. (QUBT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.69 | $1.19B | -79.00 | 82.84% | -2738.12% | -2.19% | — | |
| $45.36 | $16.63B | -24.92 | 201.85% | 148.08% | 9.03% | — | |
| $16.55 | $5.5B | -23.64 | -34.31% | -2253.59% | -43.94% | — | |
| $21.06 | $7.73B | -18.97 | 178.54% | -2957.23% | -44.05% | — | |
| $19.84 | $310.53M | -7.75 | 80.89% | -5271.99% | -360.48% | — | |
| $306.13 | $287.16B | 27.41 | 7.62% | 15.61% | 35.44% | — |
Compare QUBT vs Peers
Quantum Computing, Inc. (QUBT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
QUBT SEC Filings & Documents
Quantum Computing, Inc. (QUBT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 18, 2026·SEC
Material company update
May 11, 2026·SEC
Material company update
Mar 5, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
6Get notified when QUBT posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
QUBT Frequently Asked Questions
Quantum Computing, Inc. (QUBT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Quantum Computing, Inc.'s revenue?
Quantum Computing, Inc. (QUBT) reported $4.3M in revenue for fiscal year 2025. This represents a 12% increase from $3.9M in 2010.
How fast is Quantum Computing, Inc. growing?
Quantum Computing, Inc. (QUBT) grew revenue by 82.8% over the past year. This is strong growth.
Is QUBT profitable?
Quantum Computing, Inc. (QUBT) reported a net loss of $39.7M for fiscal year 2025.
Dividend & Returns
What is QUBT's return on equity?
Quantum Computing, Inc. (QUBT) has a return on equity (ROE) of -2.2%. Negative ROE indicates the company is unprofitable.
What is Quantum Computing, Inc.'s free cash flow?
Quantum Computing, Inc. (QUBT) had negative free cash flow of $42.1M in fiscal year 2025, likely due to heavy capital investments.