Free Trial
→ The REAL Reason Trump is Invading Iran (From Banyan Hill Publishing) (Ad)tc pixel Free QUBT Stock Alerts

Quantum Computing (QUBT) Financials

Quantum Computing logo
$9.60 -0.03 (-0.31%)
Closing price 05/8/2026 04:00 PM Eastern
Extended Trading
$9.68 +0.08 (+0.83%)
As of 05/8/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Quantum Computing

Annual Income Statements for Quantum Computing

This table shows Quantum Computing's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -0.18 -11 -8.38 -25 -28 -27 -28 -69 -19
Consolidated Net Income / (Loss)		 -0.18 -11 -8.38 -25 -28 -26 -27 -69 -19
Net Income / (Loss) Continuing Operations		 -0.18 -11 -8.38 -25 -28 -26 -27 -69 -19
Total Pre-Tax Income 		-0.18 -11 -8.38 -25 -28 -26 -27 -69 -19
Total Operating Income		 -0.18 -5.80 -2.55 -17 -17 -29 -26 -26 -51
Total Gross Profit		 0.00 0.00 0.00 0.00 0.00 0.08 0.16 0.11 0.07
Total Revenue		 0.00 0.00 0.00 0.00 0.00 0.14 0.36 0.37 0.68
Operating Revenue		 0.00 0.00 0.00 0.00 0.00 0.14 0.36 0.37 0.68
Total Cost of Revenue		 0.00 0.00 0.00 0.64 0.00 0.06 0.20 0.26 0.62
Operating Cost of Revenue		 0.00 0.00 0.00 0.64 0.00 0.06 0.20 0.26 0.62
Total Operating Expenses		 0.18 5.80 2.55 17 17 29 26 26 51
Selling, General & Admin Expense		 0.18 0.52 0.59 2.16 1.58 21 16 13 27
Marketing Expense		 - - 0.00 0.14 - 2.09 1.81 1.82 3.43
Research & Development Expense		 0.00 0.25 0.89 1.54 2.59 5.22 8.89 11 20
Total Other Income / (Expense), net		 0.00 -4.80 -5.83 -7.39 -11 2.67 -0.78 -43 32
Interest Expense		 0.00 4.17 4.86 8.81 11 0.77 1.60 2.50 0.07
Interest & Investment Income		 - - - 0.00 0.01 0.05 0.30 0.42 21
Other Income / (Expense), net		 0.00 -0.63 -0.97 1.42 - 3.39 0.53 -41 12
Income Tax Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Preferred Stock Dividends Declared		 - - - - - 0.89 0.86 0.00 0.00
Basic Earnings per Share		 ($0.19) ($2.22) ($1.14) ($0.88) ($0.96) ($0.73) ($0.42) ($0.73) ($0.11)
Weighted Average Basic Shares Outstanding		 943.74K 4.72M 7.36M 27.97M 29.16M 36.68M 66.61M 93.88M 164.49M
Diluted Earnings per Share		 ($0.19) ($2.22) ($1.14) ($0.88) - - ($0.42) ($0.73) ($0.11)
Weighted Average Diluted Shares Outstanding		 943.74K 4.72M 7.36M 27.97M 29.16M 60.50M 66.61M 93.88M 164.49M
Weighted Average Basic & Diluted Shares Outstanding		 943.74K 4.72M 7.36M 27.97M 29.16M 60.50M 91.36M 137.24M 224.54M

Quarterly Income Statements for Quantum Computing

This table shows Quantum Computing's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -7.63 -7.06 -6.84 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Consolidated Net Income / (Loss)		 -7.42 -6.84 -6.63 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Net Income / (Loss) Continuing Operations		 -7.42 -6.84 -6.63 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Total Pre-Tax Income 		-7.42 -6.84 -6.63 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Total Operating Income		 -6.96 -6.61 -6.58 -6.32 -5.27 -5.44 -8.91 -8.29 -10 -10 -22
Total Gross Profit		 0.06 0.03 0.01 0.01 0.06 0.01 0.03 0.01 0.03 0.13 -0.10
Total Revenue		 0.11 0.05 0.08 0.03 0.18 0.10 0.06 0.04 0.06 0.38 0.20
Operating Revenue		 0.11 0.05 0.08 0.03 0.18 0.10 0.06 0.04 0.06 0.38 0.20
Total Cost of Revenue		 0.05 0.02 0.07 0.02 0.13 0.09 0.03 0.03 0.04 0.26 0.30
Operating Cost of Revenue		 0.05 0.02 0.07 0.02 0.13 0.09 0.03 0.03 0.04 0.26 0.30
Total Operating Expenses		 7.02 6.64 6.59 6.33 5.33 5.45 8.95 8.30 10 11 22
Selling, General & Admin Expense		 4.17 3.73 4.27 3.66 2.80 2.84 3.61 4.64 3.54 5.23 14
Marketing Expense		 0.39 0.58 0.41 0.45 0.43 0.36 0.58 0.67 0.68 0.79 1.29
Research & Development Expense		 2.47 2.33 1.91 2.22 2.09 2.24 4.76 2.99 5.98 4.51 7.00
Total Other Income / (Expense), net		 -0.46 -0.23 -0.05 -0.12 0.07 -0.24 -42 25 -26 13 21
Interest Expense		 - - - 0.16 0.00 0.31 - 0.06 0.06 0.00 -0.06
Interest & Investment Income		 -0.48 -0.24 1.41 0.04 0.07 0.07 0.70 1.70 1.84 3.54 14
Other Income / (Expense), net		 0.02 0.01 0.15 0.00 0.00 0.00 -41 24 -28 9.25 6.97
Basic Earnings per Share		 ($0.12) ($0.10) ($0.09) ($0.08) ($0.06) ($0.06) ($0.53) $0.13 ($0.26) $0.01 $0.01
Weighted Average Basic Shares Outstanding		 62.67M 71.59M 66.61M 81.93M 93.55M 93.05M 93.88M 135.22M 141.40M 160.40M 164.49M
Diluted Earnings per Share		 - ($0.10) - ($0.08) ($0.06) ($0.06) - $0.11 ($0.26) $0.01 $0.03
Weighted Average Diluted Shares Outstanding		 74.30M 71.59M 66.61M 81.93M 93.55M 93.05M 93.88M 153.01M 141.40M 166.83M 164.49M
Weighted Average Basic & Diluted Shares Outstanding		 74.30M 75.10M 91.36M - - 99.09M 137.24M 140.90M 159.88M 224.12M 224.54M

Annual Cash Flow Statements for Quantum Computing

This table details how cash moves in and out of Quantum Computing's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 0.00 1.77 -1.67 15 1.54 -11 -3.25 77 659
Net Cash From Operating Activities		 0.00 -2.36 -2.24 -12 -6.82 -15 -18 -16 -30
Net Cash From Continuing Operating Activities		 -0.35 -2.36 -2.24 -12 -6.82 -15 -18 -16 -30
Net Income / (Loss) Continuing Operations		 -0.18 -11 -8.38 -25 -28 -26 -27 -69 -19
Consolidated Net Income / (Loss)		 -0.18 -11 -8.38 -25 -28 -26 -27 -69 -19
Depreciation Expense		 0.00 0.00 0.00 0.01 0.01 1.86 3.31 3.80 4.40
Amortization Expense		 - - - - 0.00 0.55 1.15 2.35 0.54
Non-Cash Adjustments To Reconcile Net Income		 -0.17 8.03 5.91 13 21 8.36 4.31 46 -3.07
Changes in Operating Assets and Liabilities, net		 0.00 0.12 0.23 0.08 0.15 -0.17 -0.06 0.22 -13
Net Cash From Investing Activities		 0.00 -0.01 -0.02 -0.01 -0.02 -2.23 -2.61 -6.04 -788
Net Cash From Continuing Investing Activities		 0.00 -0.01 -0.02 -0.01 -0.02 -2.23 -2.61 -6.04 -788
Purchase of Property, Plant & Equipment		 0.00 -0.01 -0.02 -0.01 -0.02 -0.87 -2.11 -6.04 -6.69
Purchase of Investments		 - - - 0.00 - - 0.00 0.00 -1,198
Sale and/or Maturity of Investments		 - - - - - - 0.00 0.00 416
Other Investing Activities, net		 - - - 0.00 - 0.00 -0.50 0.00 -0.01
Net Cash From Financing Activities		 0.00 4.13 0.60 27 8.39 6.17 18 99 1,478
Net Cash From Continuing Financing Activities		 0.00 4.13 0.60 27 8.39 6.17 18 99 1,478
Repayment of Debt		 - 0.00 - -1.39 - 0.00 -6.19 -3.32 0.00
Repurchase of Preferred Equity		 - - - - - - 0.00 -4.10 0.00
Payment of Dividends		 - - - - - -0.79 -0.87 -0.22 0.00
Issuance of Common Equity		 0.00 1.06 2.16 28 8.61 6.96 25 107 1,478
Cash Interest Paid		 0.00 0.00 0.00 1.47 0.00 - 0.81 0.27 0.00

Quarterly Cash Flow Statements for Quantum Computing

This table details how cash moves in and out of Quantum Computing's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 0.43 0.18 -5.32 4.04 -3.58 0.54 76 87 182 3.68 385
Net Cash From Operating Activities		 -4.62 -4.43 -4.97 -3.85 -4.01 -4.58 -3.77 -4.43 -6.10 -8.74 -11
Net Cash From Continuing Operating Activities		 -4.62 -4.43 -4.97 -3.85 -4.01 -4.58 -3.78 -4.43 -6.10 -8.74 -11
Net Income / (Loss) Continuing Operations		 -7.42 -6.84 -6.63 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Consolidated Net Income / (Loss)		 -7.42 -6.84 -6.63 -6.44 -5.19 -5.68 -51 17 -36 2.38 -1.56
Depreciation Expense		 0.84 0.85 0.80 0.84 0.85 0.85 1.26 0.98 0.89 1.18 1.37
Amortization Expense		 0.28 0.24 0.20 0.14 - 0.19 1.74 0.00 - 0.37 0.17
Non-Cash Adjustments To Reconcile Net Income		 1.54 0.98 1.30 1.29 0.66 0.78 43 -22 30 -6.40 -4.55
Changes in Operating Assets and Liabilities, net		 0.15 0.34 -0.64 0.31 -0.33 -0.72 1.25 -0.16 -0.60 -6.28 -6.45
Net Cash From Investing Activities		 -0.70 -1.58 0.05 -1.58 -1.08 -0.51 -2.87 -1.73 -1.02 -463 -322
Net Cash From Continuing Investing Activities		 -0.70 -1.58 0.05 -1.58 -1.08 -0.51 -2.87 -1.73 -1.02 -463 -322
Purchase of Property, Plant & Equipment		 -0.20 -1.58 0.05 -1.58 -1.08 -0.51 -2.87 -1.73 -1.02 -2.78 -1.16
Purchase of Investments		 - - - - - - - - - - -737
Net Cash From Financing Activities		 5.76 6.19 -0.41 9.47 1.52 5.63 83 94 189 476 719
Net Cash From Continuing Financing Activities		 5.76 6.19 -0.41 9.47 1.52 5.63 83 94 189 476 719
Issuance of Common Equity		 7.87 8.54 1.97 12 2.43 - 92 94 189 476 719

Annual Balance Sheets for Quantum Computing

This table presents Quantum Computing's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 0.00 1.80 0.15 15 17 79 74 154 1,619
Total Current Assets		 0.00 1.79 0.12 15 17 5.45 2.66 79 1,134
Cash & Equivalents		 0.00 1.77 0.10 15 17 5.31 2.06 79 738
Short-Term Investments		 - - - - - - - 0.00 379
Note & Lease Receivable		 - - - - - 0.00 0.28 0.00 3.63
Accounts Receivable		 - - - - 0.00 0.01 0.07 0.03 0.52
Inventories, net		 - - - 0.00 - 0.00 0.07 0.02 0.35
Prepaid Expenses		 0.00 0.02 0.02 0.04 0.48 0.13 0.18 0.16 12
Other Current Assets		 - - - - - - - 0.00 4.55
Plant, Property, & Equipment, net		 0.00 0.01 0.03 0.03 0.04 0.98 2.87 8.21 13
Total Noncurrent Assets		 0.00 0.00 0.00 0.00 0.02 72 69 66 468
Long-Term Investments		 - - - - - - - 0.00 403
Goodwill		 - - - - 0.00 56 56 56 56
Intangible Assets		 - - - - 0.00 15 12 8.97 6.50
Other Noncurrent Operating Assets		 - 0.00 0.00 0.00 0.02 1.33 1.18 1.65 2.48
Total Liabilities & Shareholders' Equity		 0.00 1.80 0.15 15 17 79 74 154 1,619
Total Liabilities		 0.00 3.31 2.96 0.69 1.08 13 5.65 46 21
Total Current Liabilities		 0.00 3.31 1.98 0.69 1.06 4.59 4.81 4.56 11
Accounts Payable		 0.00 0.05 0.22 0.37 0.46 0.87 1.46 1.37 0.78
Accrued Expenses		 0.00 0.09 0.15 0.11 0.48 2.96 0.64 2.13 9.14
Current Deferred Revenue		 - - - - - - 0.00 0.08 0.40
Other Current Liabilities		 - - - 0.00 0.12 1.29 0.79 0.97 0.77
Total Noncurrent Liabilities		 0.00 0.00 0.98 0.00 0.02 8.27 2.77 42 9.58
Other Noncurrent Operating Liabilities		 0.00 0.00 0.98 - 0.02 8.27 1.93 42 9.58
Commitments & Contingencies		 - - - - - 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -0.00 -1.52 -2.81 15 16 65 69 107 1,598
Total Preferred & Common Equity		 -0.00 -1.52 -2.81 15 16 65 69 107 1,598
Preferred Stock		 - - - 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -0.00 -1.52 -2.81 15 16 65 69 107 1,598
Common Stock		 9.87 11 17 48 67 169 201 308 1,817
Retained Earnings		 -9.87 -20 -29 -53 -81 -104 -132 -200 -219
Accumulated Other Comprehensive Income / (Loss)		 - - - - - - - 0.00 0.91

Quarterly Balance Sheets for Quantum Computing

This table presents Quantum Computing's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 92 95 90 89 89 79 76 77 243 426 898
Total Current Assets		 7.25 11 7.05 7.52 7.55 6.83 3.42 3.91 167 350 563
Cash & Equivalents		 6.74 10 6.76 7.20 7.38 6.10 2.53 3.06 166 349 352
Short-Term Investments		 - - - - - - - - - - 203
Note & Lease Receivable		 0.00 0.00 - - - 0.29 0.30 0.31 - - 4.89
Accounts Receivable		 0.08 0.09 0.06 0.12 0.00 0.03 0.06 0.06 0.02 0.10 0.49
Inventories, net		 - - - - - 0.16 0.27 0.24 0.13 0.37 0.96
Prepaid Expenses		 0.42 0.32 0.22 0.20 0.17 0.25 0.27 0.24 0.66 1.01 0.89
Plant, Property, & Equipment, net		 0.16 0.30 1.31 1.45 2.96 4.38 5.39 5.83 9.98 11 13
Total Noncurrent Assets		 84 84 81 79 78 68 67 67 65 65 323
Long-Term Investments		 - - - - - - - - - - 257
Goodwill		 59 59 59 65 65 56 56 56 56 56 56
Intangible Assets		 25 24 21 13 12 11 11 9.75 8.20 7.51 7.01
Other Noncurrent Operating Assets		 0.02 0.06 1.21 1.18 1.12 1.12 1.06 1.75 1.55 2.21 2.65
Total Liabilities & Shareholders' Equity		 92 95 90 89 89 79 76 77 243 426 898
Total Liabilities		 1.30 11 13 12 8.09 3.86 3.60 11 22 30 20
Total Current Liabilities		 1.28 3.63 11 11 6.94 3.08 2.89 2.43 3.74 3.97 3.63
Accounts Payable		 0.76 0.89 0.92 0.94 1.13 1.68 1.67 0.92 2.02 1.37 1.17
Accrued Expenses		 0.30 0.67 1.72 2.83 1.03 0.61 0.33 0.54 0.65 1.25 1.50
Current Deferred Revenue		 - - - - 0.01 0.01 0.10 0.05 0.08 0.18 0.32
Other Current Liabilities		 0.22 1.53 0.40 0.24 0.03 0.79 0.79 0.92 0.99 1.17 0.64
Total Noncurrent Liabilities		 0.02 7.52 1.26 1.21 1.15 0.78 0.71 8.48 18 26 17
Capital Lease Obligations		 - - - - - 0.78 0.71 - 1.06 1.54 1.94
Other Noncurrent Operating Liabilities		 0.02 0.01 1.25 1.21 1.15 - - 8.48 17 25 15
Commitments & Contingencies		 - - - - - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 91 84 77 77 81 68 66 60 221 396 878
Total Preferred & Common Equity		 91 84 77 77 81 68 66 60 221 396 878
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 91 84 77 77 81 68 66 60 221 396 878
Common Stock		 151 151 157 162 170 206 209 210 404 616 1,095
Retained Earnings		 -94 -101 -128 -133 -141 -138 -144 -149 -184 -220 -218
Accumulated Other Comprehensive Income / (Loss)		 - - - - - - - - - - -0.03

Annual Metrics And Ratios for Quantum Computing

This table displays calculated financial ratios and metrics derived from Quantum Computing's official financial filings.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - 94,210,626.00
DEI Adjusted Shares Outstanding		 - - - - - - - - 94,210,626.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - -0.20
Growth Metrics		 - - - - - - - - -
Profitability Metrics		 - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -0.12 -4.06 -1.78 -12 -12 -20 -18 -18 -36
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - -26.42% -16.74% -2.24%
Earnings before Interest and Taxes (EBIT)		 -0.18 -6.42 -3.52 -16 -17 -25 -26 -66 -39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -0.18 -6.42 -3.52 -16 -17 -23 -21 -61 -34
Valuation Ratios		 - - - - - - - - -
Leverage & Solvency		 - - - - - - - - -
Liquidity Ratios		 - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -3.95 -0.59 -13 -12 -80 -26 20 -85
Efficiency Ratios		 - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - -
Invested Capital		 -0.00 -0.11 -1.30 -0.40 -0.54 60 67 30 78
Increase / (Decrease) in Invested Capital		 0.00 -0.11 -1.19 0.90 -0.14 60 7.67 -38 50
Book Value per Share		 $0.00 ($0.32) ($0.38) $0.82 $0.56 $1.22 $0.91 $1.14 $9.72
Tangible Book Value per Share		 $0.00 ($0.32) ($0.38) $0.82 $0.56 ($0.11) $0.01 $0.46 $9.34
Total Capital		 -0.00 1.65 -1.20 15 16 65 70 108 1,598
Total Debt		 0.00 3.17 1.61 0.22 0.00 0.00 0.84 1.18 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.84 1.18 0.00
Net Debt		 0.00 1.40 1.51 -15 -17 -5.31 -1.22 -78 -1,520
Capital Expenditures (CapEx)		 0.00 0.01 0.02 0.01 0.02 0.87 2.11 6.04 6.69
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.00 -0.12 -0.35 -0.43 -0.58 -4.45 -4.22 -4.35 5.35
Debt-free Net Working Capital (DFNWC)		 -0.00 1.65 -0.25 15 16 0.86 -2.16 75 1,123
Net Working Capital (NWC)		 -0.00 -1.52 -1.86 15 16 0.86 -2.16 75 1,123
Net Nonoperating Expense (NNE)		 0.05 6.45 6.60 13 16 5.93 8.65 50 -17
Net Nonoperating Obligations (NNO)		 0.00 1.40 1.51 -15 -17 -5.31 -1.22 -78 -1,520
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.01 0.01 2.41 4.23 5.86 4.94
Earnings Adjustments		 - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($1.14) ($0.88) ($0.96) $0.00 $0.00 ($0.73) ($0.11)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 7.76M 28.67M 29.16M 0.00 0.00 93.88M 164.49M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($1.14) ($0.88) ($0.96) $0.00 $0.00 ($0.73) ($0.11)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 7.76M 28.67M 29.16M 0.00 0.00 93.88M 164.49M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($1.14) ($0.88) ($0.96) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 7.36M 27.97M 29.16M 0.00 0.00 137.24M 224.54M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.12 -4.06 -1.78 -12 -12 -20 -18 -18 -36
Debt Service Ratios		 - - - - - - - - -
Payout Ratios		 - - - - - - - - -

Quarterly Metrics And Ratios for Quantum Computing

This table displays calculated financial ratios and metrics derived from Quantum Computing's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 94,210,626.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 94,210,626.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -0.02
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -4.87 -4.63 -4.61 -4.42 -3.69 -3.81 -6.24 -8.29 -7.12 -10 -16
Return On Investment Capital (ROIC_SIMPLE)		 - - -6.62% -6.47% - - -5.75% -3.73% -1.79% -1.18% -0.97%
Earnings before Interest and Taxes (EBIT)		 -6.94 -6.60 -6.43 -6.32 -5.27 -5.44 -49 15 -38 -1.16 -15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -5.83 -5.50 -5.44 -5.34 -4.42 -4.40 -46 16 -37 0.39 -14
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 3.22 -0.69 -12 3.93 1.43 11 32 6.27 15 -14 -65
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 76 78 67 70 71 63 30 55 49 67 78
Increase / (Decrease) in Invested Capital		 -8.09 -3.94 7.67 -8.35 -5.12 -15 -38 -15 -22 3.91 50
Book Value per Share		 $1.27 $1.09 $0.91 $0.90 $0.70 $0.64 $1.14 $1.63 $2.80 $5.47 $9.72
Tangible Book Value per Share		 ($0.02) $0.06 $0.01 $0.01 ($0.01) ($0.05) $0.46 $1.16 $2.35 $5.08 $9.34
Total Capital		 83 86 70 76 73 66 108 222 398 880 1,598
Total Debt		 6.52 4.51 0.84 0.78 0.71 0.00 1.18 1.06 1.54 1.94 0.00
Total Long-Term Debt		 0.00 0.00 0.84 0.78 0.71 0.00 1.18 1.06 1.54 1.94 0.00
Net Debt		 -0.68 -2.87 -1.22 -5.33 -1.82 -3.06 -78 -165 -347 -811 -1,520
Capital Expenditures (CapEx)		 0.20 1.58 -0.05 1.58 1.08 0.51 2.87 1.73 1.02 2.78 1.16
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -3.68 -2.25 -4.22 -2.36 -2.00 -1.58 -4.35 -2.93 -2.51 3.59 5.35
Debt-free Net Working Capital (DFNWC)		 3.52 5.13 -2.16 3.75 0.52 1.48 75 163 346 559 1,123
Net Working Capital (NWC)		 -3.00 0.61 -2.16 3.75 0.52 1.48 75 163 346 559 1,123
Net Nonoperating Expense (NNE)		 2.55 2.21 2.02 2.01 1.51 1.87 45 -25 29 -13 -14
Net Nonoperating Obligations (NNO)		 -1.26 -3.34 -1.22 -5.33 -1.82 -3.06 -78 -165 -347 -811 -1,520
Total Depreciation and Amortization (D&A)		 1.11 1.09 0.99 0.98 0.85 1.04 2.99 0.98 0.89 1.55 1.53
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.07) ($0.11) ($0.09) ($0.08) ($0.06) ($0.06) ($0.53) $0.13 ($0.26) $0.01 $0.01
Adjusted Weighted Average Basic Shares Outstanding		 67.22M 75.09M 66.61M 81.93M 93.55M 93.05M 93.88M 135.22M 141.40M 160.40M 164.49M
Adjusted Diluted Earnings per Share		 ($0.05) ($0.09) $0.00 $0.00 $0.00 ($0.06) $0.00 $0.11 ($0.26) $0.01 $0.03
Adjusted Weighted Average Diluted Shares Outstanding		 88.94M 96.65M 66.61M 0.00 0.00 93.05M 93.88M 153.01M 141.40M 166.83M 164.49M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 74.30M 75.10M 91.36M 0.00 0.00 99.09M 137.24M 140.90M 159.88M 224.12M 224.54M
Normalized Net Operating Profit after Tax (NOPAT)		 -4.87 -4.63 -4.61 -4.42 -3.69 -3.81 -6.24 -5.80 -7.12 -7.28 -16
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Market Beat's snapshot of Quantum Computing Inc. (QUBT) across the last four years shows notable liquidity support from financing, a rare positive quarterly profit in one period, and persistent operating cash flow pressure amid heavy investments and equity financing. The picture suggests a company investing aggressively in its tech base while intermittently delivering profits, with liquidity largely bolstered by equity raises.

  • Q4 2025: Net cash from financing activities was $718,618,000, driven by issuance of common equity, providing a substantial liquidity cushion.
  • Q3 2025: Net income from continuing operations was $2,382,000, marking a positive quarterly profitability signal within the period.
  • The balance sheet shows a strong equity base, with Total Common Equity around $877,850,000 in Q3 2025.
  • Revenue is highly volatile across 2025, with operating revenue ranging from about $39,000 (Q1 2025) to $384,000 (Q3 2025), indicating an uneven top-line trend.
  • Cash flow from operating activities has been negative in most recent quarters (e.g., Q4 2025: -$11.0M, Q3 2025: -$8.7M, Q2 2025: -$6.1M, Q1 2025: -$4.4M), signaling ongoing operating cash burn.
  • Non-cash adjustments to net income are sizable in several periods (for example, Q3 2025: -$6.397M; Q4 2025: -$4.547M), which can distort cash flow signals.
  • Goodwill (~$55.6M) and intangible assets (~$7.0M) are meaningful on the balance sheet, suggesting substantial prior investments in intangible assets and potential impairment risk if initiatives underperform.
  • Investing cash outflows were significant, including a large purchase of investments of $-737.23M in Q4 2025, contributing heavily to overall cash usage.
  • Net income has been negative in multiple quarters (for example, Q4 2025: -$1.56M; Q2 2025: -$36.48M; Q4 2024: -$51.24M), indicating ongoing profitability challenges despite occasional positives.
  • Ongoing equity issuance to fund operations introduces substantial dilution risk for existing shareholders and can press current share value over time.
05/09/26 05:01 PM ETAI Generated. May Contain Errors.

Quantum Computing Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Quantum Computing's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Quantum Computing's net income appears to be on an upward trend, with a most recent value of -$18.67 million in 2025, rising from -$175 thousand in 2017. The previous period was -$68.54 million in 2024. View Quantum Computing's forecast to see where analysts expect Quantum Computing to go next.

Quantum Computing's total operating income in 2025 was -$51.08 million, based on the following breakdown:
  • Total Gross Profit: $67 thousand
  • Total Operating Expenses: $51.14 million

Over the last 8 years, Quantum Computing's total revenue changed from $0.00 in 2017 to $682 thousand in 2025, a change of 68,200,000.0%.

Quantum Computing's total liabilities were at $20.66 million at the end of 2025, a 55.4% decrease from 2024, and a 1,376,900.0% increase since 2017.

In the past 8 years, Quantum Computing's cash and equivalents has ranged from $0.00 in 2017 to $737.88 million in 2025, and is currently $737.88 million as of their latest financial filing in 2025.

Over the last 8 years, Quantum Computing's book value per share changed from 0.00 in 2017 to 9.72 in 2025, a change of -607,375.0%.


Related Companies

Financial statements for NASDAQ:QUBT last updated on 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
A little-known stock pick with money-doubling potential over the next year is revealed for free in the first t...
Paradigm Press | Sponsoredtc pixel
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
Trade this between 9:30 and 10:45 am EST
The first 75 minutes of the trading day may be the most overlooked window for consistent opportunities.If you ...
Base Camp Trading | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel
Invest in SpaceX Before IPO
SpaceX is already one of the most valuable private companies on Earth, and some analysts believe its valuation...
NXT Wave Research | Sponsoredtc pixel