Quantum Computing Inc. (QUBT) income statement
NASDAQ · Technology · Computer Hardware · 75 employees · CEO Yuping Huang
- Price
- $6.60 -3.23%
- Market cap
- $1.49B
- Enterprise value
- $1.33B
- Last report
- Q2 '26 filed 2026-08-10
- Next report
- 2026-11-09 EPS est. -$0.04
Quantum Computing Inc. (QUBT) reported revenue of $5.55M for Q2 '26 (+9,000.0% year on year), operating income of -$23M (-414.6% of revenue) and net income of -$11.8M. Over the last four quarters revenue was $9.82M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50K | $74.9K | $27K | $183K | $101K | $62K | $39K | $61K | $384K | $198K | $3.69M | $5.55M | |
| Cost of revenue | $24K | $64.5K | $16K | $125K | $92K | $28K | $26K | $35K | $258K | $296K | $4.41M | $6.72M | |
| Gross profit | $26K | $10.4K | $11K | $58K | $9K | $34K | $13K | $26K | $126K | -$98K | -$721K | -$1.17M | |
| Research & development | $2.33M | $1.63M | $2.22M | $2.09M | $2.24M | $4.76M | $2.99M | $5.98M | $4.51M | $7M | $6.97M | $8.43M | |
| Sales & marketing | $584K | $7.33M | $451K | $429K | $363K | $575K | $672K | $680K | $787K | $1.29M | $1.6M | $1.93M | |
| General & administrative | $3.73M | -$1.04M | $3.66M | $2.8M | $2.84M | $3.62M | $4.64M | $3.54M | $5.23M | $13.8M | $11.3M | $11.5M | |
| Operating expenses | $6.64M | $7.92M | $6.33M | $5.33M | $5.45M | $8.95M | $8.3M | $10.2M | $10.5M | $22.1M | $19.8M | $21.8M | |
| Operating income | -$6.61M | -$7.91M | -$6.32M | -$5.27M | -$5.44M | -$8.91M | -$8.29M | -$10.2M | -$10.4M | -$22.2M | -$20.6M | -$23M | |
| Interest income | $126K | $76K | $38K | $73K | $70K | $243K | $1.7M | $1.84M | $3.54M | $0 | $13.5M | $0 | |
| Interest expense | $369K | $269K | $155K | $0 | $307K | $2.03M | $58K | $58K | $4K | $55K | $171K | $12K | |
| Other non-operating income (gains on investments, FX ...) | -$139K | -$76.8K | -$38K | -$73K | -$70K | $40.3M | -$25.3M | $26.3M | -$12.8M | -$20.6M | -$16.7M | -$11.3M | |
| Total non-operating income | -$230K | -$399K | -$117K | $73K | -$237K | -$42.3M | $25.3M | -$26.3M | $12.8M | $20.7M | $16.5M | $11.3M | |
| Income before tax | -$6.84M | -$8.31M | -$6.44M | -$5.19M | -$5.68M | -$51.2M | $17M | -$36.5M | $2.38M | -$1.56M | -$4.05M | -$11.8M | |
| Net income | -$6.84M | -$8.31M | -$6.44M | -$5.19M | -$5.68M | -$51.2M | $17M | -$36.5M | $2.38M | -$1.56M | -$4.05M | -$11.8M | |
| EPS (basic) | -$0.10 | -$0.09 | -$0.08 | -$0.06 | -$0.06 | -$0.55 | $0.13 | -$0.26 | $0.01 | -$0.01 | -$0.02 | -$0.05 | |
| EPS (diluted) | -$0.10 | -$0.09 | -$0.08 | -$0.06 | -$0.06 | -$0.55 | $0.11 | -$0.26 | $0.01 | -$0.01 | -$0.02 | -$0.05 | |
| Shares (basic, weighted) | 71.6M | 66.6M | 82.5M | 93.6M | 93M | 93.9M | 135M | 141M | 160M | 162M | 224M | 225M | |
| Shares (diluted, weighted) | 71.6M | 66.6M | 82.5M | 93.6M | 93M | 93.9M | 153M | 141M | 167M | 216M | 224M | 225M | |
| Depreciation & amortization | $852K | $1.23M | $844K | $975K | $851K | $1.26M | $975K | $1.01M | $1.33M | $1.53M | $2.32M | $3.61M | |
| EBITDA | -$5.62M | -$6.6M | -$5.44M | -$4.22M | -$4.52M | -$47.9M | $18M | -$35.4M | $3.71M | -$79K | -$1.56M | -$8.14M |
| Income statement | Trend | FY12 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.37M | $0 | $0 | $0 | $0 | $0 | $136K | $358K | $373K | $682K | |
| Cost of revenue | $2.23M | $0 | $117 | $2.64K | $6.61K | $0 | $61K | $196K | $261K | $615K | |
| Gross profit | $1.13M | $0 | -$117 | -$2.64K | -$6.61K | $0 | $75K | $162K | $112K | $67K | |
| Research & development | $0 | $0 | $251K | $891K | $1.54M | $2.59M | $5.22M | $8.89M | $11.3M | $20.5M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $4.07M | $2.09M | $1.81M | $1.82M | $3.43M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $3.7M | $21.4M | $15.7M | $12.9M | $27.2M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $6.78M | $0 | $0 | $0 | $0 | |
| Operating expenses | $1.14M | $175K | $5.8M | $2.55M | $17.3M | $17.1M | $28.7M | $26.4M | $26M | $51.1M | |
| Operating income | -$3.32K | -$175K | -$5.8M | -$2.55M | -$17.3M | -$17.1M | -$28.6M | -$26.2M | -$25.9M | -$51.1M | |
| Interest income | $0 | $0 | $0 | $8.81K | $27 | $7.38K | $47K | $295K | $423K | $20.7M | |
| Interest expense | $32.7K | $0 | $4.08M | $5.84M | $6.01M | $279K | $772K | $1.6M | $2.5M | $65K | |
| Other non-operating income (gains on investments, FX ...) | -$258K | $0 | $625K | -$8.81K | $1.38M | -$226K | -$3.44M | -$823K | $40.1M | -$32.5M | |
| Total non-operating income | $225K | $0 | -$4.71M | -$5.83M | -$7.39M | -$10.8M | $2.67M | -$779K | -$42.6M | $32.4M | |
| Income before tax | $222K | -$175K | -$10.5M | -$8.38M | -$24.7M | -$27.9M | -$26M | -$27M | -$68.5M | -$18.7M | |
| Net income | $222K | -$175K | -$10.5M | -$8.38M | -$24.7M | -$27.9M | -$26M | -$27M | -$68.5M | -$18.7M | |
| EPS (basic) | $0.63 | -$0.19 | -$2.22 | -$1.14 | -$0.88 | -$0.96 | -$0.48 | -$0.42 | -$0.73 | -$0.11 | |
| EPS (diluted) | $0.63 | -$0.19 | -$2.22 | -$1.14 | -$0.88 | -$0.96 | -$0.48 | -$0.42 | -$0.73 | -$0.11 | |
| Shares (basic, weighted) | 350K | 944K | 4.72M | 7.36M | 28M | 29.2M | 56M | 66.6M | 93.9M | 164M | |
| Shares (diluted, weighted) | 350K | 944K | 4.72M | 7.36M | 28M | 29.2M | 56M | 66.6M | 93.9M | 164M | |
| Depreciation & amortization | $3.46K | $0 | $117 | $2.64K | $6.61K | $9K | $1.86M | $3.31M | $3.8M | $4.94M | |
| EBITDA | $258K | -$175K | -$6.42M | -$2.54M | -$18.7M | -$16.9M | -$23.3M | -$22.1M | -$62.2M | -$13.7M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02